B of A Securities Maintains Neutral on Regions Finl, Raises Price Target to $25
$RF
Major Banks
Finance
B of A Securities analyst Erika Najarian maintains Regions Finl (NYSE:RF) with a Neutral and raises the price target from $22 to $25.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $27.00 → $28.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 10/29/2024 | $26.00 | Equal-Weight → Overweight | Stephens |
| 10/24/2024 | $26.00 | Hold → Buy | Argus |
| 10/24/2024 | $24.00 → $26.00 | Hold → Buy | Deutsche Bank |
| 9/24/2024 | $23.00 → $28.00 | Neutral → Outperform | Wedbush |
| 3/18/2024 | $20.00 → $23.00 | Neutral → Buy | Citigroup |
| 1/23/2024 | Buy → Hold | Argus | |
| 1/9/2024 | $15.00 → $22.00 | Hold → Buy | Jefferies |
Strategic execution of Regions' long-term plan leads to solid core performance, quarterly revenue growth. Regions Financial Corp. (NYSE:RF) today reported earnings for the third quarter ended September 30, 2024. The company reported third quarter net income available to common shareholders of $446 million and earnings per diluted share of $0.49. The company reported $1.8 billion in total revenue during the quarter, including $721 million in reported pre-tax pre-provision income(1) and $799 million in adjusted pre-tax pre-provision income(1). Third quarter results were impacted by the following notable items: the impact of additional strategic securities repositioning and issuance costs ass
Dividends on common stock to be payable Jan. 2, 2025; dividends on preferred stock to be payable in November and December 2024. The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series C preferred shares, Series D preferred shares, Series E preferred shares and Series F preferred shares: A cash dividend of $0.25 on each share of outstanding common stock of the Company, payable on Jan. 2, 2025, to stockholders of record at the close of business on Dec. 2, 2024. A cash dividend of $14.25 per share of Series C Preferred Stock (equivalent to approximately $0.35625 per depositary share), payable on Nov. 15, 2024,
All 20,000,000 Depositary Shares will be redeemed at a redemption price of $25 per Depositary Share on Sept. 16, 2024. Regions Financial Corporation (NYSE:RF) today announced the redemption on Sept. 16, 2024 (the "Redemption Date") of 20,000,000 depositary shares (NYSE:RFPRB, CUSIP: 7591EP 506, ISIN: US7591EP5063))) (the "Depositary Shares") representing interests in Regions' 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"). Each Depositary Share represents a 1/40th interest in a share of the Series B Preferred Stock. All 20,000,000 Depositary Shares currently outstanding will be redeemed on the Redemption Date. On and after
4 - REGIONS FINANCIAL CORP (0001281761) (Issuer)
3 - REGIONS FINANCIAL CORP (0001281761) (Issuer)
4 - REGIONS FINANCIAL CORP (0001281761) (Issuer)
Simpson will focus on delivering holistic financial solutions and expanding access to affordable housing opportunities for people across the Southeast. Regions Bank on Wednesday announced Chase Simpson has been named vice president and relationship manager in the Regions Affordable Housing division. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120024122/en/Regions Bank is announcing Chase Simpson has been named vice president and relationship manager in the Regions Affordable Housing division. (Photo: Business Wire) In this role, Simpson will manage, source, and lead origination efforts for affordable housing opportunitie
Recognition highlights the bank's steadfast commitment to advancing career opportunities for veterans, service members and military spouses. Regions Bank on Tuesday announced it has been designated as a 2025 Military Friendly® Employer by Military Friendly, an organization that measures the commitment of companies to support the military community. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241108448584/en/Headquartered in Birmingham, Ala., Regions Bank operates retail-banking branches across the Southeast, Texas and portions of the Midwest. (Photo: Business Wire) Regions Bank is designated among Silver 2025 Military Friendl
Comments will be available through a live webcast. Regions Financial Corporation (NYSE:RF) on Tuesday announced the company is scheduled to participate in the Goldman Sachs Financial Services Conference on Wednesday, Dec. 11, 2024. Regions executives are expected to deliver remarks beginning at approximately 10:40 a.m. ET on that date. Comments will be accessible via a live webcast on Regions' Investor Relations website at ir.regions.com. A replay will also be made available following the event. About Regions Financial Corporation Regions Financial Corporation (NYSE:RF), with $157 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service provide
Keefe Bruyette upgraded Regions Fincl from Mkt Perform to Outperform and set a new price target of $28.00 from $27.00 previously
Stephens upgraded Regions Fincl from Equal-Weight to Overweight and set a new price target of $26.00
Argus upgraded Regions Fincl from Hold to Buy and set a new price target of $26.00
Simpson will focus on delivering holistic financial solutions and expanding access to affordable housing opportunities for people across the Southeast. Regions Bank on Wednesday announced Chase Simpson has been named vice president and relationship manager in the Regions Affordable Housing division. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120024122/en/Regions Bank is announcing Chase Simpson has been named vice president and relationship manager in the Regions Affordable Housing division. (Photo: Business Wire) In this role, Simpson will manage, source, and lead origination efforts for affordable housing opportunitie
Experienced Corporate Banking Group team positioned to build on Regions' legacy of customized services for business clients. Regions Bank on Tuesday announced Ronnie Smith, head of the company's Corporate Banking Group, will retire at the end of the year following more than four decades of service to Regions and its predecessor banks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240813615736/en/When he retires at the end of the year, Ronnie Smith, left, head of Regions' Corporate Banking Group, will be succeeded by Brian Willman, center, who currently serves as head of Commercial Banking for the company. Nikki Stephenson, ri
Johnston brings over 10 years of industry experience to help clients expand access to affordable housing opportunities. Regions Bank on Tuesday announced Allison Johnston has joined the Regions Affordable Housing division as vice president and relationship manager. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240709727500/en/Regions Bank is announcing Allison Johnston has joined the Regions Affordable Housing division as vice president and relationship manager. She will lead the origination of affordable housing opportunities in key Southeastern growth markets, including cities across Florida, Tennessee and Kentucky. (Photo:
4 - REGIONS FINANCIAL CORP (0001281761) (Issuer)
13F-HR - REGIONS FINANCIAL CORP (0001281761) (Filer)
10-Q - REGIONS FINANCIAL CORP (0001281761) (Filer)
8-K - REGIONS FINANCIAL CORP (0001281761) (Filer)
SC 13G/A - REGIONS FINANCIAL CORP (0001281761) (Subject)
SC 13G/A - REGIONS FINANCIAL CORP (0001281761) (Subject)
SC 13G - REGIONS FINANCIAL CORP (0001281761) (Subject)
Citigroup analyst Keith Horowitz maintains Regions Finl (NYSE:RF) with a Buy and raises the price target from $23 to $25.
B of A Securities analyst Erika Najarian maintains Regions Finl (NYSE:RF) with a Neutral and raises the price target from $22 to $25.
Truist Securities analyst Brandon King maintains Regions Finl (NYSE:RF) with a Hold and raises the price target from $21 to $23.