FY2025 EPS Forecast for Regions Financial Raised by Analyst

Regions Financial Co. (NYSE:RF) – Investment analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for shares of Regions Financial in a research note issued on Monday, January 20th. DA Davidson analyst P. Winter now forecasts that the bank will post earnings per share of $2.52 for the year, up from their previous forecast of $2.28. DA Davidson has a “Buy” rating and a $29.00 price objective on the stock. The consensus estimate for Regions Financial’s current full-year earnings is $2.27 per share.

Regions Financial (NYSE:RF) last released its quarterly earnings results on Friday, January 17th. The bank reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1,857,300 billion. Regions Financial had a return on equity of 12.83% and a net margin of 20.20%. Regions Financial’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.39 EPS.

Other equities research analysts have also recently issued reports about the company. Wells Fargo & Company upped their target price on Regions Financial from $24.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, November 15th. The Goldman Sachs Group increased their target price on shares of Regions Financial from $29.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Argus raised shares of Regions Financial from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Thursday, October 24th. Keefe, Bruyette & Woods raised shares of Regions Financial from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $27.00 to $28.00 in a research report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft raised shares of Regions Financial from a “hold” rating to a “buy” rating and lifted their price objective for the company from $24.00 to $26.00 in a report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.67.

Regions Financial Stock Down 1.2 %

Shares of NYSE RF opened at $24.35 on Wednesday. Regions Financial has a 1 year low of $17.42 and a 1 year high of $27.96. The firm has a 50-day simple moving average of $25.04 and a two-hundred day simple moving average of $23.48. The company has a market cap of $22.13 billion, a P/E ratio of 12.55, a PEG ratio of 2.31 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.83.

Institutional Investors Weigh In On Regions Financial

Hedge funds have recently modified their holdings of the business. Quarry LP raised its holdings in shares of Regions Financial by 29.5% during the 3rd quarter. Quarry LP now owns 1,729 shares of the bank’s stock worth $40,000 after acquiring an additional 394 shares during the period. Ballentine Partners LLC boosted its stake in Regions Financial by 2.5% during the fourth quarter. Ballentine Partners LLC now owns 17,458 shares of the bank’s stock worth $411,000 after buying an additional 420 shares during the period. Private Advisor Group LLC raised its stake in shares of Regions Financial by 1.8% in the 3rd quarter. Private Advisor Group LLC now owns 24,928 shares of the bank’s stock valued at $581,000 after acquiring an additional 429 shares during the period. CWM LLC boosted its position in shares of Regions Financial by 1.1% during the 3rd quarter. CWM LLC now owns 42,346 shares of the bank’s stock worth $988,000 after purchasing an additional 480 shares during the period. Finally, Resonant Capital Advisors LLC grew its stake in shares of Regions Financial by 2.4% in the third quarter. Resonant Capital Advisors LLC now owns 21,845 shares of the bank’s stock valued at $515,000 after buying an additional 506 shares in the last quarter. 79.39% of the stock is currently owned by institutional investors and hedge funds.

About Regions Financial

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.