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Mar 31, 2022
Regions Q1 2022 Earnings Report
Regions reported earnings with solid first-quarter results driven by sound business strategy and growth in key markets.
Key Takeaways
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.
Net income available to common shareholders was $524 million, with earnings per diluted share at $0.55.
Total revenue amounted to $1.6 billion.
Net interest income increased by 5% compared to the first quarter of 2021 due to higher interest rates and loan and deposit growth.
The company's results reflect a strong credit profile and commitment to managing expenses.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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