NII & Loan Balance Aid Regions Financial's Growth Amid High Costs
Regions Financial(RF) ZACKS·2024-08-29 00:10
Regions Financial Corporation (RF) is well-positioned for top-line growth, driven by decent loan balances. The company’s strong liquid profile will continue to support its capital distribution activities. However, pressure on mortgage income due to high rates and elevated expenses remain near-term concerns.Region Financial’s Drivers of GrowthThe company has witnessed a steady growth in its loan balances, with a compound annual growth rate (CAGR) of 3.4% over the past five years (2018-2023). The company's st ...