Regions Financial (RF) Misses Q4 EPS by 9c

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Record Performance. Accelerating Growth. Regions reports 2021 earnings of $2.4 billion, earnings per diluted share of $2.49

January 20, 2022 6:00 AM EST

Generates highest pre-tax pre-provision income(1) on record.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Financial Corp. (NYSE: RF) today announced earnings for the fourth quarter and full-year ended Dec. 31, 2021. The company reported fourth quarter net income available to common shareholders of $414 million and earnings per diluted share of $0.43. For the full year 2021, the company reported net income available to common shareholders of $2.4 billion and record pre-tax pre-provision income(1) of $2.7 billion. Compared to full-year 2020, total revenue and pre-tax pre-provision income(1) both grew 2 percent. Adjusted revenue(1) increased 3 percent, and adjusted pre-tax pre-provision income(1)... More