DA Davidson Boosts Earnings Estimates for Regions Financial

Regions Financial Co. (NYSE:RF - Free Report) - Research analysts at DA Davidson increased their FY2025 EPS estimates for Regions Financial in a note issued to investors on Monday, April 21st. DA Davidson analyst P. Winter now anticipates that the bank will earn $2.28 per share for the year, up from their prior forecast of $2.23. The consensus estimate for Regions Financial's current full-year earnings is $2.26 per share. DA Davidson also issued estimates for Regions Financial's FY2026 earnings at $2.46 EPS.

Several other research firms also recently commented on RF. Keefe, Bruyette & Woods dropped their target price on Regions Financial from $28.00 to $26.00 and set an "outperform" rating on the stock in a report on Monday. Citigroup dropped their price target on shares of Regions Financial from $28.00 to $25.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. JPMorgan Chase & Co. reduced their price objective on shares of Regions Financial from $26.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Morgan Stanley dropped their target price on shares of Regions Financial from $29.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Monday, April 7th. Finally, The Goldman Sachs Group reduced their price target on shares of Regions Financial from $28.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $25.53.

Regions Financial Stock Down 1.3 %

Shares of RF traded down $0.26 during mid-day trading on Wednesday, reaching $20.28. The company had a trading volume of 6,572,572 shares, compared to its average volume of 8,096,097. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83 and a current ratio of 0.84. The company has a market capitalization of $18.36 billion, a price-to-earnings ratio of 10.45, a price-to-earnings-growth ratio of 1.93 and a beta of 1.01. The firm has a 50-day moving average price of $21.16 and a 200 day moving average price of $23.46. Regions Financial has a 52 week low of $17.72 and a 52 week high of $27.96.

Regions Financial (NYSE:RF - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The bank reported $0.54 EPS for the quarter, topping the consensus estimate of $0.51 by $0.03. Regions Financial had a net margin of 20.20% and a return on equity of 12.83%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the previous year, the firm posted $0.37 earnings per share.

Regions Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, May 2nd will be given a dividend of $0.25 per share. The ex-dividend date is Monday, June 2nd. This represents a $1.00 annualized dividend and a yield of 4.93%. Regions Financial's dividend payout ratio (DPR) is 48.08%.

Insider Buying and Selling at Regions Financial

In other news, Director Joia M. Johnson purchased 2,300 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was acquired at an average cost of $21.18 per share, for a total transaction of $48,714.00. Following the completion of the transaction, the director now directly owns 17,486 shares in the company, valued at $370,353.48. This trade represents a 15.15 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.29% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Argent Advisors Inc. purchased a new position in shares of Regions Financial in the first quarter valued at about $1,523,000. Amalgamated Bank raised its stake in Regions Financial by 0.9% during the 1st quarter. Amalgamated Bank now owns 176,761 shares of the bank's stock valued at $3,841,000 after purchasing an additional 1,554 shares during the period. Augustine Asset Management Inc. lifted its holdings in Regions Financial by 13.8% in the 1st quarter. Augustine Asset Management Inc. now owns 12,878 shares of the bank's stock worth $280,000 after purchasing an additional 1,566 shares in the last quarter. Stonebridge Financial Group LLC boosted its stake in Regions Financial by 6.4% in the 1st quarter. Stonebridge Financial Group LLC now owns 154,464 shares of the bank's stock worth $3,357,000 after purchasing an additional 9,345 shares during the period. Finally, KBC Group NV grew its holdings in Regions Financial by 10.5% during the 1st quarter. KBC Group NV now owns 439,654 shares of the bank's stock valued at $9,554,000 after buying an additional 41,758 shares in the last quarter. Institutional investors own 79.39% of the company's stock.

Regions Financial Company 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.