Regions Financial (RF) Tops Q1 EPS by 4c

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Go back to Regions Financial (RF) Tops Q1 EPS by 4c

Regions reports first quarter 2018 earnings from continuing operations of $398 million, up 44 percent over the prior year, and earnings per share of $0.35, up 52 percent

April 20, 2018 6:00 AM EDT

Generates positive operating leverage and continued improvement in asset quality

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Financial Corporation (NYSE: RF) today announced earnings for the first quarter ended March 31, 2018. The company reported net income available to common shareholders from continuing operations of $398 million, an increase of 44 percent compared to the first quarter of 2017. Earnings per diluted share from continuing operations were $0.35, an increase of 52 percent from the first quarter of 2017. The company generated positive operating leverage with reported pre-tax pre-provision income increasing 9 percent over the first quarter of 2017 and continued broad-based... More