Regions Financial (RF) Tops Q3 EPS by 12c

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Go back to Regions Financial (RF) Tops Q3 EPS by 12c

Solid Performance. Positioned for Growth. Regions reports third quarter 2021 earnings of $624 million, earnings per share of $0.65

October 22, 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 third quarter ended September 30, 2021. The company reported net income available to common shareholders of $624 million and earnings per diluted share of $0.65. Compared to the second quarter of 2021, total revenue grew 2 percent while pre-tax pre-provision income(1) decreased 1 percent. Adjusted revenue(1) increased 3 percent while adjusted pre-tax pre-provision income(1) increased 4 percent. The company also generated modest year-to-date positive operating leverage on a reported and adjusted basis.(1)

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