Detail akcie Regions Finan online

Business Summary: Regions Financial Corporation is a financial holding company. The Company provides traditional commercial, retail and mortgage banking services, as well as other financial services, including asset management, wealth management, securities brokerage, merger-and-acquisition advisory services and other specialty. The Company operates through three segments: Corporate Bank, Consumer Bank and Wealth Management. The Company conducts its banking operations through Regions Bank, a state-chartered commercial bank. The Company operated approximately 2,023 automated teller machines (ATMs) and 1,271 total branch outlets primarily across the South, Midwest and Texas. The Company operates in Birmingham, Alabama, with operations across the South, Midwest and Texas. It operates several offices delivering specialty capabilities in New York, Washington District of Columbia (D.C.), Chicago and other locations nationwide.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Regions Financial Corp interest income increased 5% to $1.72B. Net interest income after loan loss provision decreased 20% to $1.03B. Net income applicable to common stockholders decreased 42% to $343M. Net interest income after loan loss provision reflects corporate bank segment decrease of 21% to $601M, consumer bank segment decrease of 16% to $384M, Net Interest Margin, Total -% decrease of 16% to 3.55%.