EPS for Regions Financial Corp (RF) Expected At $0.26

September 17, 2017 - By Michael Collier

 EPS for Regions Financial Corp (RF) Expected At $0.26
Investors sentiment increased to 0.91 in Q4 2016. Its up 0.13, from 0.78 in 2016Q3. It improved, as 42 investors sold Regions Financial Corp shares while 219 reduced holdings. 87 funds opened positions while 151 raised stakes. 892.05 million shares or 1.88% more from 875.58 million shares in 2016Q3 were reported.
Allianz Asset Management Ag accumulated 0.04% or 2.90M shares. Prelude Capital Mgmt Lc has 0.02% invested in Regions Financial Corp (NYSE:RF) for 10,927 shares. Iberiabank Corporation holds 0.28% in Regions Financial Corp (NYSE:RF) or 53,135 shares. Hartford Investment Mgmt accumulated 303,948 shares or 0.08% of the stock. Winslow Evans Crocker Incorporated reported 558 shares. Wetherby Asset Mgmt reported 0.08% of its portfolio in Regions Financial Corp (NYSE:RF). Ledyard Bank & Trust invested 0% in Regions Financial Corp (NYSE:RF). Tctc Ltd Liability invested in 0.01% or 10,000 shares. Lumbard And Kellner Ltd Liability holds 211,830 shares. Blackrock Japan Limited has invested 0.09% of its portfolio in Regions Financial Corp (NYSE:RF). First Personal Fincl Service owns 2,054 shares. Kanaly Tru Commerce stated it has 13,295 shares. Nomura Hldg stated it has 0.01% of its portfolio in Regions Financial Corp (NYSE:RF). Forest Hill Capital Limited Liability Company has 767,239 shares for 3.56% of their portfolio. Moors Cabot Incorporated holds 39,778 shares or 0.09% of its portfolio.

Investors wait Regions Financial Corp (NYSE:RF) to report on October, 17. its quarterly earnings Wall Street analysts expect $0.26 earnings per share, up $0.02 or 8.33 % from last year’s $0.24 same quarter earnings. This translates into $310.68M profit for RF giving the stock a 13.22 P/E. This is assuming the current $0.26 EPS is accurate. Regions Financial Corp’s Wall Street analysts see 4.00 % EPS growth, taking into account the $0.25 EPS reproted in the previous quarter, The stock increased 0.44% or $0.06 on September 15, reaching $13.75. About 13.64M shares traded or 6.15% up from the average. Regions Financial Corp (NYSE:RF) has risen 48.79% since September 17, 2016 and is uptrending. It has outperformed by 32.09% the S&P500.

Regions Financial Corp (NYSE:RF) Ratings Coverage

Among 30 analysts covering Regions Financial Corp (NYSE:RF), 7 have Buy rating, 4 Sell and 19 Hold. Therefore 23% are positive. Regions Financial Corp had 75 analyst reports since August 12, 2015 according to SRatingsIntel. On Thursday, June 8 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating by Piper Jaffray given on Tuesday, August 15. The firm earned “Sell” rating on Wednesday, January 11 by UBS. On Thursday, February 11 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Deutsche Bank downgraded the shares of RF in report on Monday, November 9 to “Hold” rating. The company was maintained on Thursday, July 27 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, February 16 by SunTrust. The firm earned “Outperform” rating on Monday, August 31 by Raymond James. The firm has “Outperform” rating by Raymond James given on Tuesday, August 25. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, November 8.

Regions Financial Corporation is a financial holding company. The company has market cap of $16.43 billion. The Firm conducts its banking activities through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It has a 14.58 P/E ratio. It operates in three divisions: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking services and products related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.

More notable recent Regions Financial Corp (NYSE:RF) news were published by: Businesswire.com which released: “Regions Bank Announces Major Expansion of Financial Education Partnership with …” on September 15, 2017, also Nasdaq.com with their article: “Regions Financial Corporation (RF) Ex-Dividend Date Scheduled for September 07 …” published on August 21, 2017, Nasdaq.com published: “Ex-Dividend Reminder: Commerce Bancshares, Weingarten Realty Investors and …” on September 05, 2017. More interesting news about Regions Financial Corp (NYSE:RF) were released by: Businesswire.com and their article: “Regions Bank Offers Disaster-Recovery Financial Services for Customers …” published on September 12, 2017 as well as Seekingalpha.com‘s news article titled: “Regions Financial: A Balanced Option In The Financial Sector” with publication date: August 29, 2017.

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