DA Davidson Predicts Stronger Earnings for Regions Financial

Regions Financial Co. (NYSE:RF) – Analysts at DA Davidson increased their FY2025 earnings per share estimates for Regions Financial in a note issued to investors on Monday, January 20th. DA Davidson analyst P. Winter now anticipates that the bank will post earnings of $2.52 per share for the year, up from their previous estimate of $2.28. DA Davidson currently has a “Buy” rating and a $29.00 price target on the stock. The consensus estimate for Regions Financial’s current full-year earnings is $2.27 per share.

Regions Financial (NYSE:RF) last issued its quarterly earnings results on Friday, January 17th. The bank reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. Regions Financial had a return on equity of 12.83% and a net margin of 20.20%. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1,857,300 billion. During the same quarter last year, the company posted $0.39 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year.

A number of other brokerages have also issued reports on RF. StockNews.com upgraded shares of Regions Financial from a “sell” rating to a “hold” rating in a report on Friday, October 25th. Argus raised shares of Regions Financial from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Thursday, October 24th. Compass Point lifted their target price on Regions Financial from $25.00 to $31.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Morgan Stanley reissued an “equal weight” rating and issued a $32.00 price target (up previously from $28.00) on shares of Regions Financial in a research note on Monday, December 9th. Finally, The Goldman Sachs Group lifted their price objective on Regions Financial from $29.00 to $33.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $27.67.

Regions Financial Price Performance

RF stock opened at $24.65 on Wednesday. The stock has a market cap of $22.41 billion, a price-to-earnings ratio of 12.71, a P/E/G ratio of 2.31 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.83. The company has a 50 day simple moving average of $25.07 and a 200 day simple moving average of $23.44. Regions Financial has a 1 year low of $17.42 and a 1 year high of $27.96.

Hedge Funds Weigh In On Regions Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RF. Quarry LP lifted its holdings in shares of Regions Financial by 29.5% in the third quarter. Quarry LP now owns 1,729 shares of the bank’s stock worth $40,000 after buying an additional 394 shares in the last quarter. Ballentine Partners LLC lifted its stake in Regions Financial by 2.5% in the 4th quarter. Ballentine Partners LLC now owns 17,458 shares of the bank’s stock worth $411,000 after purchasing an additional 420 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Regions Financial by 1.8% in the 3rd quarter. Private Advisor Group LLC now owns 24,928 shares of the bank’s stock valued at $581,000 after purchasing an additional 429 shares during the period. CWM LLC grew its position in shares of Regions Financial by 1.1% during the 3rd quarter. CWM LLC now owns 42,346 shares of the bank’s stock valued at $988,000 after purchasing an additional 480 shares in the last quarter. Finally, Resonant Capital Advisors LLC increased its holdings in shares of Regions Financial by 2.4% in the third quarter. Resonant Capital Advisors LLC now owns 21,845 shares of the bank’s stock worth $515,000 after purchasing an additional 506 shares during the period. Institutional investors own 79.39% of the company’s stock.

Regions Financial Company Profile

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services.