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

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

Regions reports record 2018 earnings from continuing operations of $1.5 billion, up 28 percent over the prior year, and strong earnings per share of $1.36, up 39 percent

January 18, 2019 6:00 AM EST

Solid revenue growth and expense control produce positive operating leverage

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Financial Corporation (NYSE: RF) today announced earnings for the fourth quarter and full year ended December 31, 2018. For the fourth quarter, the company reported net income available to common shareholders from continuing operations of $390 million, a 28 percent increase compared to the fourth quarter of 2017. Earnings per diluted share from continuing operations were $0.37, a 42 percent increase. For the full year of 2018, the company reported record net income available to common shareholders from continuing operations of... More