Regions Financial (RF) Q2 Earnings Top, Provisions Rise
Regions Financial(RF) ZACKS·2024-07-19 23:00
Regions Financial Corporation’s (RF) second-quarter 2024 adjusted earnings per share of 52 cents beat the Zacks Consensus Estimate of 49 cents. This compares unfavorably with earnings of 59 cents reported in the year-ago quarter.Shares of the company dropped 1.5% in the pre-market trading. However, a full day’s trading session will depict a clearer picture.The results were adversely affected by a decline in net interest income (NII) and non-interest income and a rise in provisions. Nonetheless, a decline in ...