Regions Q3 2020 Earnings Report

Regions reported earnings with increased net income and earnings per share compared to the prior year.

Key Takeaways

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.

Net income available to common shareholders increased by 30% compared to the third quarter of 2019.

Earnings per diluted share increased by 33% year-over-year.

Total revenue grew by 10% compared to the same period last year.

Adjusted pre-tax pre-provision income increased 12% over the prior year.

Total Revenue

$1.6B

Previous year: $1.49B