Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2024 Rev YoY: +5.2% EPS YoY: -41.3% Move: +0.00%

Regions Financial

RF-PF

$25.54 0.00%

Exchange NYSE Sector Financial Services Industry Banks Regional

Q1 2024

Published: May 7, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for RF-PF

Reported

Report Date

May 7, 2024

Quarter Q1 2024

Revenue

2.29B

YoY: +5.2%

EPS

0.37

YoY: -41.3%

Market Move

+0.00%

Previous quarter: N/A

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Earnings Highlights

Revenue of $2.29B up 5.2% year-over-year
EPS of $0.37 decreased by 41.3% from previous year
Gross margin of 69.7%
Net income of 368.00M
"N/A" - N/A

RF-PF

Company RF-PF

Period Q1 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

Regions Financial Corporation posted a Q1 2024 revenue of $2.287 billion, up 5.15% year over year, but delivered only $368 million in net income and $0.37 per share, representing a decline of roughly 40% versus the prior-year quarter. The period featured a resilient top line against a backdrop of rising operating costs and a leaner earnings mix, with operating income of $464 million and an operating margin near 20.3%. The year‑over‑year earnings decline highlights the impact of higher costs and potential credit-related considerations, even as Regions maintained a solid balance sheet and liquidity profile.

Key Performance Indicators

Revenue

Increasing

2.29B

QoQ: -0.35% | YoY: 5.15%

Gross Profit

Decreasing

1.60B

69.74% margin

QoQ: -3.57% | YoY: -12.17%

Operating Income

Decreasing

464.00M

QoQ: -1.49% | YoY: -41.19%

Net Income

Decreasing

368.00M

QoQ: -5.88% | YoY: -39.87%

EPS

Decreasing

0.37

QoQ: -5.13% | YoY: -41.27%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $2.287B (+5.15% YoY; -0.35% QoQ). Gross profit: $1.595B; gross margin ~69.7% (YoY -12.17%; QoQ -3.57%). Operating income: $0.464B; margin ~20.29% (YoY -41.19%; QoQ -1.49%). Net income: $0.368B; net margin ~16.09% (YoY -39.87%; QoQ -5.88%). EPS (basic/diluted): $0.37 (YoY -41.27%; QoQ -5.13%). Balance sheet: Total assets $154.9B; cash and short-term investments $36.8B; total liabilities $137.8B; stockholders’ equity $17.0B. Cash flow: Operating cash flow $0.396B; Free cash flow $0.277B; Net change in cash $4.449B; cash at end $11.25B. Liquidity and capitalization: Net debt negative $6.923B; dividend yield ~1.07%; P/B ~1.35; P/E ~15.7.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	2.29B	5.15%	-0.35%
Gross Profit	1.60B	-12.17%	-3.57%
Operating Income	464.00M	-41.19%	-1.49%
Net Income	368.00M	-39.87%	-5.88%
EPS	0.37	-41.27%	-5.13%

Key Financial Ratios

Gross Profit Margin

Excellent

99.30%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Good

20.70%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

16.00%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Weak

0.24%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

2.16%

Return on equity suggests inefficient capital allocation

Current Ratio

Concern

0.15

Current ratio below safe levels, potential liquidity risk

Debt to Equity

Conservative

0.25

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Fair Value

15.67x

P/E ratio in line with market averages

Price to Book

Fair Value

1.35x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	2,315.00	0.51	+1.2%	View
Q4 2024	2,387.00	0.56	+4.0%	View
Q3 2024	2,330.00	0.49	-0.1%	View
Q2 2024	2,307.00	0.52	-0.4%	View
Q1 2024	2,287.00	0.37	+5.2%	View

RF-PF

Regions Financial

Q1 2025 Report

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Q4 2024 Report

Regions Financial Corporation (RF-PF) QQ4 2024 Earnings Analysis: Resilience, Strong Liquidity, and Moderating Growth in a Competitive Regional Bankin...

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Q3 2024 Report

Regions Financial Corporation (RF-PF) QQ3 2024 Earnings Analysis: Resilient Profitability Amid Modest Revenue Growth...

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Q2 2024 Report

Regions Financial Corporation (RF-PF) QQ2 2024 Earnings Review: Stable Top-Line Performance, Modest Profitability, and Robust Liquidity in a Flat Rate...

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Regions Financial (RF-PF) Q1 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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Earnings Calendar