Regions Financial (RF) Misses Q3 EPS by 4c, Revenues Miss
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Regions reports third quarter 2018 earnings from continuing operations of $354 million, up 20 percent over the prior year, and earnings per share of $0.32, up 28 percent
October 23, 2018 6:00 AM EDTDelivers solid revenue and pre-tax pre-provision income growth over the prior year
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Financial Corporation (NYSE: RF) today announced earnings for the third quarter ended September 30, 2018. The company reported net income available to common shareholders from continuing operations of $354 million, a 20 percent increase compared to the third quarter of 2017. Earnings per diluted share from continuing operations were $0.32, a 28 percent increase. Total revenue grew 6 percent while pre-tax pre-provision income grew 2 percent over the prior year. Adjusted pre-tax pre-provision(1) income increased 15 percent.
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