Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19). The southeastern regional's results were driven by higher expenses despite the headcount reduction, FDIC assessments and an adjustment to its securities accounting.
Regions Financial Corporation (NYSE:RF ) Q1 2024 Earnings Conference Call April 19, 2024 10:00 AM ET Company Participants Dana Nolan - EVP & Head, IR John Turner - President, CEO & Director David Turner - Senior EVP & CFO Conference Call Participants Ebrahim Poonawala - Bank of America Merrill Lynch Robert Siefers - Piper Sandler & Co. Betsy Graseck - Morgan Stanley Christopher Spahr - Wells Fa...
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corp. Board of Directors declared cash dividends on common shares, as well as Series B, C, D and E preferred shares.
Barron's seventh-annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, and planet. Home products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Techn...
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank is one of a small number of organizations to earn the 2024 Gallup Exceptional Workplace Winner With Distinction recognition.
Regions Financial remains one of the most profitable regional banks with 13.17% ROE. Office CRE exposure remains relatively low at 1.5% of total loans. Falling interest rates to reduce balance sheet risks and impact minimally NII in 2024.
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