Regions Financial delivered a solid Q1 performance with $465M in net income, $0.54 in adjusted EPS, and $1.8B in revenue. Deposits rose 3%, showcasing strength despite a mixed interest rate environment.
Regions Financial Corp. reported a net income available to common shareholders of $343 million and earnings per diluted share of $0.37 for the first quarter of 2024. The results reflect the strength and diversity of the balance sheet, a robust liquidity position, and proactive interest rate risk management practices.
Regions Financial Corp. reported Q4 net income available to common shareholders of $367 million and earnings per diluted share of $0.39. The results include the industry-wide FDIC special assessment, increased severance-related charges, and a net provision expense associated with an unsecured consumer loan portfolio sale. For the full-year 2023, the company reported net income available to common shareholders of $2.0 billion.
Regions Financial Corp. reported a net income available to common shareholders of $465 million, with earnings per diluted share of $0.49. Total revenue remained relatively stable at $1.9 billion. The company's results reflect a strong balance sheet, robust liquidity, and prudent risk management.
Regions Financial Corp. reported a strong second quarter with a 12% increase in total revenue compared to the previous year, driven by growth in net interest income. Net income available to common shareholders was $556 million, with earnings per diluted share of $0.59.
Regions Financial Corp. reported a strong first quarter with a 22% year-over-year increase in total revenue, reaching $2.0 billion. Net income available to common shareholders was $588 million, with earnings per diluted share of $0.62.
Regions Financial Corp. reported fourth quarter net income available to common shareholders of $660 million and earnings per diluted share of $0.70. For the full-year 2022, the company reported net income available to common shareholders of $2.1 billion and record pre-tax pre-provision income of $3.1 billion.
Regions Financial Corp. reported a net income available to common shareholders of $404 million and earnings per diluted share of $0.43 for the third quarter ended September 30, 2022. Total revenue increased by 16% year-over-year to $1.9 billion, driven by growth in net interest income. The company's third quarter adjusted pre-tax pre-provision income represents its highest level on record.
Regions Financial Corp. reported strong second-quarter results, reflecting the strength of their business plan and team execution. Net income available to common shareholders was $558 million, with earnings per diluted share of $0.59. Total revenue increased by 10 percent, driven by growth in both net interest income and non-interest income.
Regions Financial Corp. reported a net income available to common shareholders of $524 million and earnings per diluted share of $0.55 for the first quarter ended March 31, 2022. Total revenue reached $1.6 billion, with a 5% increase in net interest income compared to the first quarter of 2021.
Regions Financial Corp. reported a 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 of $2.7 billion.
Regions Financial Corporation reported net income available to common shareholders of $624 million, with earnings per diluted share of $0.65 for the third quarter ended September 30, 2021. Total revenue grew 2 percent compared to the second quarter of 2021.
Regions Financial Corporation reported net income available to common shareholders of $748 million and earnings per diluted share of $0.77 for the second quarter ended June 30, 2021. Compared to the second quarter of 2020, total revenue grew 2 percent while pre-tax pre-provision income increased 10 percent.
Regions Financial Corporation reported net income available to common shareholders of $614 million, and earnings per diluted share of $0.63 for the first quarter ended March 31, 2021. Strong revenue growth contributed to an 18 percent increase in pre-tax pre-provision income on a reported basis and a 17 percent increase on an adjusted basis compared to the first quarter of 2020.
Regions Financial Corporation reported fourth quarter net income available to common shareholders of $588 million, an increase of 61 percent compared to the fourth quarter of 2019. Earnings per diluted share were $0.61, also a 61 percent increase.
Regions Financial Corporation reported a net income of $501 million for Q3 2020, a 30% increase compared to Q3 2019. Earnings per diluted share were $0.52, a 33% increase year-over-year. Total revenue grew by 10% and pre-tax pre-provision income increased by 20% over the prior year.
Regions Financial Corporation reported a net loss available to common shareholders of $237 million for the second quarter of 2020, or $0.25 loss per share, which includes a credit loss provision in excess of net charge-offs of $700 million. Total revenue and pre-tax pre-provision income each increased 8 percent over the prior year. Adjusted revenue grew 6 percent while adjusted pre-tax pre-provision income increased 8 percent.
Regions Financial Corporation reported a net income available to common shareholders of $139 million, with earnings per diluted share at $0.14 for the first quarter ended March 31, 2020. The company's performance was supported by loan and deposit growth, along with a proactive interest rate hedging strategy amidst a challenging macroeconomic environment.
Regions Financial Corporation reported a net income from continuing operations available to common shareholders of $366 million, with earnings per diluted share of $0.38 for the fourth quarter ended December 31, 2019. Total revenue increased by 3 percent compared to the fourth quarter of 2018, driven by growth in non-interest income.