Regions Financial Corporation (NYSE: RF), a full-service provider of consumer and commercial banking, wealth management, and mortgage products and services, reported earnings for the first quarter of 2023.
- First-quarter net income available to common shareholders increased to $588 million or $0.62 per share from $524 million or $0.55 per share in the same period of last year
- Total revenues advanced 22% year-over-year to $1.95 billion from $1.60 billion last year
- Net interest income rose 40% annually to $1.42 billion; net interest margin increased sharply to 4.22% from $2.85%
- The tangible common book value per share was $10.01 at the end of the quarter, down from last year’s $10.06
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
