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Jun 30, 2023
Regions Q2 2023 Earnings Report
Regions reported second quarter earnings with revenue growth.
Key Takeaways
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.
Net income available to common shareholders was $556 million.
Earnings per diluted share was $0.59.
Total revenue increased 12% year-over-year to $2 billion.
Board of Directors raised the quarterly common stock dividend by 20% to $0.24 per share.
Regions
Regions
Forward Guidance
No forward guidance provided in the release.