Regions Financial (RF) Misses Q4 EPS by 1c, Revenues Miss

Regions Financial (NYSE: RF) reported Q4 EPS of $0.37, $0.01 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.48 billion.

“This year we delivered high-quality growth in loans, non-interest income and households while also building a more efficient and effective company,” said John Turner, President and CEO. “Our team finished the year strong achieving record full-year earnings driven by solid revenue generation, expense management and a focus on continuous improvement. Through our Simplify and Grow initiative, we made structural changes to create a more nimble organization while making strategic investments in talent and technology to better serve our customers. We have positive momentum heading into 2019 and are well-positioned to generate consistent and sustainable long-term performance across economic cycles.”

For earnings history and earnings-related data on Regions Financial (RF) click here.

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