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Sep 30, 2022
Regions Q3 2022 Earnings Report
Regions reported earnings, driven by revenue growth and disciplined expense management.
Key Takeaways
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.
Net income available to common shareholders was $404 million, with diluted earnings per share of $0.43.
Total revenue increased 16% year-over-year to $1.9 billion, driven by growth in net interest income.
Adjusted pre-tax pre-provision income reached a record high.
The company resolved a previously disclosed regulatory matter.