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Regions Financial (RF): Q4 2019 Earnings Snapshot

— Regions Financial Corporation (NYSE: RF) reported Q4 2019 earnings of $0.38 per share, vs. $0.39 expected.

— Revenues grew 2.8% to $1.48 billion, vs. $1.48 billion expected.

— Net interest income and other financing income on a taxable equivalent basis was $931 million.

— Non-interest income rose 16.8% year-over-year to $562 million.

— Net interest margin was 3.39%.

— Total loans rose 0.6% year-over-year to $82.3 billion.

— Total deposits grew 1.5% year-over-year to $94.5 billion.

— RF shares were up 0.66% in premarket hours on Friday.

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Categories: Earnings Finance
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