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Aditya Sarawgi

Regions Financial Earnings Preview: What to Expect

Regions Regions Financial RF

Valued at $21.4 billion by market cap, Birmingham, Alabama-based Regions Financial Corporation (RF) operates as a financial holding company, providing banking and financial services to individuals and corporations. Regions operate through Corporate Bank, Consumer Bank, and Wealth Management segments. The banking major is set to announce its fourth-quarter results before the markets open on Friday, Jan. 17.

Ahead of the event, analysts expect Regions to report an adjusted profit of $0.55 per share, up 5.8% from $0.52 per share reported in the year-ago quarter. The company has a mixed earnings surprise history. It surpassed Wall Street’s bottom-line thrice over the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter grew by an impressive 16.3% year-over-year to $0.57, exceeding analysts’ estimates by a substantial 7.6%.

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