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.

Total Revenue

$1.87B

Previous year: $1.61B