Regions Financial (RF) Tops Q1 EPS by 7c
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Strong Foundation. Positive Results. Regions reports first quarter 2022 earnings of $524 million, earnings per diluted share of $0.55
April 22, 2022 6:00 AM EDTBIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Financial Corp. (NYSE: RF) today announced earnings for the first quarter ended March 31, 2022. The company reported first quarter net income available to common shareholders of $524 million and earnings per diluted share of $0.55. Total revenue of $1.6 billion and pre-tax pre-provision income(1) of $666 million reflected a 5 percent increase in net interest income compared to the first quarter of 2021 attributable to higher interest rates as well as loan and deposit growth.
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