Regions Financial ( (RF) ) has shared an announcement.
Regions Financial Corp. reported a net income of $446 million for Q3 2024, with earnings per diluted share at $0.49, reflecting solid quarterly revenue growth despite strategic securities repositioning and hurricane impacts. The company achieved $1.8 billion in total revenue, driven by record-breaking wealth management results and margin expansion amidst challenging interest rate environments. CEO John Turner highlighted strategic investments in talent, technology, and services, positioning Regions to deliver top-tier returns while supporting communities affected by recent hurricanes.
Learn more about RF stock on TipRanks’ Stock Analysis page.
