Loading...
•
Sep 30, 2023
Regions Q3 2023 Earnings Report
Reported earnings of $465 million, with earnings per diluted share of $0.49.
Key Takeaways
Regions Financial Corp. reported a net income available to common shareholders of $465 million, with earnings per diluted share of $0.49. Total revenue remained relatively stable at $1.9 billion. The company's results reflect a strong balance sheet, robust liquidity, and prudent risk management.
Net income available to common shareholders increased 15 percent compared to the third quarter of 2022.
Total revenue remained relatively stable at $1.9 billion compared to the third quarter of 2022.
Net interest income decreased during the quarter to $1.3 billion, a 6.5 percent decrease compared to the second quarter.
Total net interest margin decreased 31 basis points to 3.73 percent.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...