Regions Financial (RF) Reports In-Line Q1 EPS, Revenues Miss
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EPS Growth %: +5.0%
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Deposits: 31M
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Regions Financial (NYSE: RF) reported Q1 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.46 billion.
“We began 2019 with positive momentum, delivering year-over-year growth in loans and total revenue as customer sentiment remains positive,” said John Turner, President and CEO. “We also reduced expenses and maintained stable but normalizing credit quality, while continuing to make smart investments in talent and technology to become more efficient and effective as we make banking easier for our customers. We are committed to generating consistent and sustainable long-term performance by focusing on our customers and actively managing our business through all economic cycles.”
For earnings history and earnings-related data on Regions Financial (RF) click here.
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