$0.26 EPS Expected for Regions Financial Corp (RF)

September 21, 2017 – By Hazel Jackson

Investors sentiment increased to 1.12 in 2017 Q2. Its up 0.23, from 0.89 in 2017Q1. It increased, as 43 investors sold Regions Financial Corp shares while 186 reduced holdings. 73 funds opened positions while 184 raised stakes. 889.52 million shares or 1.25% more from 878.53 million shares in 2017Q1 were reported.
Parkside Bancshares And owns 1,119 shares or 0.01% of their US portfolio. 684 are owned by Peoples Service Corp. Stifel Fin Corporation invested in 0.1% or 1.85M shares. 2,789 were accumulated by Gemmer Asset Mngmt Limited Company. Natixis stated it has 0.03% in Regions Financial Corp (NYSE:RF). Wedge Mngmt L L P Nc reported 2.17M shares. Old Mutual Global (Uk) stated it has 0.47% of its portfolio in Regions Financial Corp (NYSE:RF). Goldman Sachs Grp accumulated 18.78 million shares. Iberiabank holds 43,763 shares. Andra Ap holds 360,800 shares. Gulf Commercial Bank (Uk) invested in 391,567 shares or 0.08% of the stock. Exane Derivatives has invested 0% in Regions Financial Corp (NYSE:RF). Guardian Investment holds 23,000 shares. Nordea Invest Mngmt Ab has invested 0.13% in Regions Financial Corp (NYSE:RF). Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys has 0.02% invested in Regions Financial Corp (NYSE:RF) for 89,306 shares.

Analysts await Regions Financial Corp (NYSE:RF) to report earnings on October, 17. They expect $0.26 earnings per share, up 8.33 % or $0.02 from last year’s $0.24 per share. RF’s profit will be $310.70M for 13.81 P/E if the $0.26 EPS becomes a reality. After $0.25 actual earnings per share reported by Regions Financial Corp for the previous quarter, Wall Street now forecasts 4.00 % EPS growth. About 3.53M shares traded. Regions Financial Corp (NYSE:RF) has risen 48.79% since September 21, 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 77 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Regions Financial Corp (NYSE:RF) earned “Neutral” rating by Compass Point on Monday, January 23. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. Macquarie Research downgraded the shares of RF in report on Friday, April 1 to “Neutral” rating. The stock of Regions Financial Corp (NYSE:RF) earned “In-Line” rating by Evercore on Wednesday, April 19. The rating was upgraded by FBR Capital to “Outperform” on Monday, November 14. RBC Capital Markets maintained Regions Financial Corp (NYSE:RF) rating on Thursday, June 22. RBC Capital Markets has “Hold” rating and $1500 target. On Tuesday, June 20 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Hold” rating by RBC Capital Markets given on Thursday, September 7. The firm has “Underperform” rating given on Wednesday, February 24 by FIG Partners. The stock of Regions Financial Corp (NYSE:RF) has “Buy” rating given on Wednesday, September 30 by Sandler O’Neill.

Regions Financial Corporation is a financial holding company. The company has market cap of $17.16 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 15.23 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 Financial Corporation Directors Carolyn H. Byrd and John E. Maupin Jr …” on September 18, 2017, also Nasdaq.com with their article: “Regions Financial Corporation (RF) Ex-Dividend Date Scheduled for September 07 …” published on August 21, 2017, Businesswire.com published: “Regions Bank Offers Disaster-Recovery Financial Services for Customers …” on September 12, 2017. More interesting news about Regions Financial Corp (NYSE:RF) were released by: Bizjournals.com and their article: “Regions board members earn nod from national magazine” published on September 19, 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.