Regions Financial (RF) Tops Q2 EPS by 25c

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Go back to Regions Financial (RF) Tops Q2 EPS by 25c

Strategy. Momentum. Results. Regions reports second quarter 2021 earnings of $748 million, earnings per share of $0.77

July 23, 2021 6:00 AM EDT

Delivers solid revenue and pre-tax pre-provision income(1).

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Financial Corporation (NYSE: RF) today announced earnings for the second quarter ended June 30, 2021. The company reported net income available to common shareholders of $748 million and earnings per diluted share of $0.77. Compared to the second quarter of 2020, total revenue grew 2 percent while pre-tax pre-provision income(1) increased 10 percent. Adjusted revenue(1) increased 1 percent while adjusted pre-tax pre-provision income(1) increased 3 percent. The company also generated year-to-date positive operating leverage of 3.9 percent on a reported basis and 1.8 percent on an adjusted... More