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Regions Financial Corporation

Financial Services US RF

26.285USD
0.03(0.10%)

Last update at 2024-11-20T20:48:00Z

Day Range

26.1126.39
LowHigh

52 Week Range

13.4123.19
LowHigh

Fundamentals

  • Previous Close 26.26
  • Market Cap17922.35M
  • Volume4506963
  • P/E Ratio8.00
  • Dividend Yield4.98%
  • Revenue TTM7255.00M
  • Revenue Per Share TTM7.75
  • Gross Profit TTM 6944.00M
  • Diluted EPS TTM2.41

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 2876.00M 3215.00M 1314.00M 1985.00M 1955.00M
Minority interest - - - - -
Net income 2245.00M 2521.00M 1094.00M 1582.00M 1759.00M
Selling general administrative 2382.00M 2250.00M 2136.00M 1916.00M 2043.00M
Selling and marketing expenses 102.00M 106.00M 94.00M 97.00M 92.00M
Gross profit 7165.00M 6438.00M 6275.00M 5904.00M 5821.00M
Reconciled depreciation 353.00M 371.00M 421.00M 426.00M 462.00M
Ebit 3192.00M 3215.00M 1314.00M 1985.00M 2748.00M
Ebitda 3545.00M 3586.00M 1735.00M 2028.00M 3210.00M
Depreciation and amortization 353.00M 371.00M 421.00M 43.00M 462.00M
Non operating income net other - - - - -
Operating income 3192.00M 3215.00M 1314.00M 1985.00M 2748.00M
Other operating expenses 3973.00M 3223.00M 4961.00M 3919.00M 3073.00M
Interest expense 316.00M 167.00M 368.00M 851.00M 602.00M
Tax provision 631.00M 694.00M 220.00M 403.00M 387.00M
Interest income 5102.00M 4081.00M 4262.00M 4639.00M 4393.00M
Net interest income 4786.00M 3914.00M 3894.00M 3788.00M 3791.00M
Extraordinary items - - 0.00000M 0.00000M 228.00M
Non recurring - - - - -
Other items - - - - -
Income tax expense 631.00M 694.00M 220.00M 403.00M 387.00M
Total revenue 7165.00M 6438.00M 6275.00M 5904.00M 5821.00M
Total operating expenses -3973.00000M -3223.00000M -4961.00000M -3919.00000M -3073.00000M
Cost of revenue - - - - 887.00M
Total other income expense net -316.00000M -167.00000M 220.00M 403.00M -793.00000M
Discontinued operations - - - - 191.00M
Net income from continuing ops 2245.00M 2521.00M 1094.00M 1582.00M 1568.00M
Net income applicable to common shares 2146.00M 2400.00M 991.00M 1503.00M 1695.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 155220.00M 162938.00M 147389.00M 126240.00M 125688.00M
Intangible assets 1061.00M 723.00M 418.00M 450.00M 533.00M
Earning assets - 58444.00M 46579.00M 27091.00M 26035.00M
Other current assets -38022.00000M 67066.00M 67442.00M 69562.00M 68742.00M
Total liab 139269.00M 2407.00M 3569.00M 109945.00M 110598.00M
Total stockholder equity 15947.00M 18326.00M 18111.00M 16295.00M 15090.00M
Deferred long term liab - - - - -
Other current liab 131743.00M 139072.00M 122479.00M -2050.00000M 103476.00M
Common stock 10.00M 10.00M 10.00M 10.00M 11.00M
Capital stock 1669.00M 1669.00M 1666.00M 1320.00M 831.00M
Retained earnings 7004.00M 5550.00M 3770.00M 3751.00M 2828.00M
Other liab 1331.00M 3133.00M 3230.00M 1608.00M 1743.00M
Good will 5733.00M 5744.00M 5190.00M 4845.00M 4829.00M
Other assets 153543.00M 65879.00M 64935.00M 66447.00M 157306.00M
Cash 11227.00M 29411.00M 17956.00M 4114.00M 3538.00M
Cash and equivalents - - - - -
Total current liabilities 134027.00M -1889.00000M -2696.00000M 2050.00M 1600.00M
Current deferred revenue - - - - -
Net debt -8943.00000M -27004.00000M -14387.00000M 5815.00M 10486.00M
Short term debt 2284.00M -1889.00000M -2696.00000M 2050.00M 1600.00M
Short long term debt - - 0.00000M 2050.00M 1600.00M
Short long term debt total 2284.00M 2407.00M 3569.00M 9929.00M 14024.00M
Other stockholder equity 10617.00M 10818.00M 11360.00M 11314.00M 12395.00M
Property plant equipment 1718.00M 1814.00M 1897.00M 1960.00M 2045.00M
Total current assets 1649.00M 58211.00M 45456.00M 27082.00M 94070.00M
Long term investments 30042.00M 29380.00M 114497.00M 108187.00M 108546.00M
Net tangible assets 8306.00M 10618.00M 11143.00M 10035.00M 9326.00M
Short term investments 27933.00M 28481.00M 27154.00M 22606.00M 22729.00M
Net receivables 511.00M 319.00M 346.00M 362.00M 375.00M
Long term debt 2284.00M 2407.00M 3569.00M 7879.00M 12424.00M
Inventory 13.00M 10.00M 25.00M 58.00M 60.00M
Accounts payable 131743.00M 139072.00M 122479.00M 97475.00M 94491.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 4.00M - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -3343.00000M 289.00M 1315.00M -90.00000M -964.00000M
Additional paid in capital - - - - -
Common stock total equity 10.00M 10.00M 10.00M 10.00M 11.00M
Preferred stock total equity 1659.00M 1659.00M 1656.00M 1310.00M 820.00M
Retained earnings total equity 7004.00M 5550.00M 3770.00M 3751.00M 2828.00M
Treasury stock -1371.00000M -1371.00000M -1371.00000M -1371.00000M -1371.00000M
Accumulated amortization - - - - -
Non currrent assets other -38526.00000M -38848.00000M -36998.00000M -32711.00000M -1719.00000M
Deferred long term asset charges - - - - -
Non current assets total 28.00M 38848.00M 36998.00M 32711.00M 31618.00M
Capital lease obligations - - - - -
Long term debt total 2284.00M 2407.00M 3569.00M 5378.00M 5522.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -12559.00000M -1518.00000M -4278.00000M 719.00M -3176.00000M
Change to liabilities 2092.00M -76.00000M 459.00M 453.00M -470.00000M
Total cashflows from investing activities -12941.00000M -2865.00000M -4853.00000M 509.00M -3045.00000M
Net borrowings - -1234.00000M -8270.00000M -4202.00000M 5399.00M
Total cash from financing activities -8345.00000M 11290.00M 16371.00M -2514.00000M 327.00M
Change to operating activities 1968.00M -63.00000M 772.00M 611.00M -354.00000M
Net income 2245.00M 2521.00M 1094.00M 1582.00M 1759.00M
Change in cash -18184.00000M 11455.00M 13842.00M 576.00M -443.00000M
Begin period cash flow 29411.00M 17956.00M 4114.00M 3538.00M 3981.00M
End period cash flow 11227.00M 29411.00M 17956.00M 4114.00M 3538.00M
Total cash from operating activities 3102.00M 3030.00M 2324.00M 2581.00M 2275.00M
Issuance of capital stock 0.00000M 390.00M 346.00M 490.00M -
Depreciation 353.00M 371.00M 421.00M 426.00M 462.00M
Other cashflows from investing activities -382.00000M -1347.00000M -575.00000M -210.00000M 131.00M
Dividends paid 762.00M 716.00M 698.00M 656.00M 516.00M
Change to inventory - - - - -
Change to account receivables -2242.00000M -231.00000M -246.00000M -347.00000M 171.00M
Sale purchase of stock -230.00000M -967.00000M -346.00000M -1101.00000M -2122.00000M
Other cashflows from financing activities -7743.00000M -19.00000M 27987.00M -29.00000M -36.00000M
Change to netincome 855.00M 366.00M 180.00M 132.00M 200.00M
Capital expenditures 288.00M 72.00M 59.00M 24.00M 71.00M
Change receivables - - - - -
Cash flows other operating -2443.00000M -152.00000M 170.00M -12.00000M 324.00M
Exchange rate changes - - - - -
Cash and cash equivalents changes -18184.00000M 11455.00M 13842.00M 576.00M -443.00000M
Change in working capital -274.00000M -294.00000M 526.00M 264.00M -183.00000M
Stock based compensation - -780.00000M 1107.00M 307.00M -126.00000M
Other non cash items 756.00M 1047.00M -666.00000M -60.00000M 137.00M
Free cash flow 2814.00M 2958.00M 2265.00M 2557.00M 2204.00M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
RF
Regions Financial Corporation
0.03 0.10% 26.29 8.00 9.49 2.43 1.22
HDB
HDFC Bank Limited ADR
0.23 0.37% 63.38 20.81 20.96 0.11 4.77
CIHHF
China Merchants Bank Co Ltd Class H
- -% 4.70 4.13 3.71 0.32 0.59
CIHKY
China Merchants Bank Co Ltd
0.09 0.39% 23.27 4.27 3.64 0.33 0.58
IBN
ICICI Bank Limited
0.005 0.02% 29.77 17.79 16.95 0.07 3.08

Reports Covered

Stock Research & News

Profile

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. It also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. The company was founded in 1971 and is headquartered in Birmingham, Alabama.

Regions Financial Corporation

1900 Fifth Avenue North, Birmingham, AL, United States, 35203

Key Executives

Name Title Year Born
Mr. John M. Turner Jr. Pres, CEO & Director 1962
Mr. David Jackson Turner Jr. Sr. EVP & CFO 1964
Mr. David R. Keenan Sr. EVP, Chief Admin. & HR Officer 1968
Mr. Ronald G. Smith Sr. EVP & Head of Corp. Banking Group 1961
Mr. C. Matthew Lusco CPA Sr. EVP & Chief Risk Officer 1958
Karin Allen Assistant Controller & Chief Accounting Officer NA
Mr. C. Dandridge Massey Sr. EVP, Chief Enterprise Operations & Technology Officer NA
Mr. Tobin N. Vinson Associate Director of Investor Relations NA
Ms. Dana Nolan EVP & Head of Investor Relations NA
Ms. Tara Ann Plimpton Sr. Exec. VP, Chief Legal Officer & Corp. Sec. 1969

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