Regions Financial Corporation
RFFinancial Snapshot
ticker: RF step: 04 generated: 2026-05-12 source: quick-research
Regions Financial Corporation (RF) — Financial Snapshot
Income Statement Summary
| Metric | FY2022 | FY2023 | FY2024 | YoY |
|---|---|---|---|---|
| Total Revenue (net) | ~$7.5B | ~$7.6B | ~$7.1B | -6% |
| Net Interest Margin | ~3.3% | ~3.4% | ~3.0% | |
| Efficiency Ratio | ~56% | ~54% | ~58% | |
| Net Income | ~$2.0B | ~$2.0B | ~$1.8B | -10% |
| EPS (diluted) | ~$2.28 | ~$2.11 | ~$1.93 | -8.5% |
Note: Revenue figures reflect net interest income + non-interest income (net banking revenue). 2023 was a record year for pre-tax pre-provision income ($3.2B). 2024 saw NII compression as deposit repricing costs increased while loan rates stabilized, plus elevated provision expense. EPS declined despite relatively stable net income as capital allocation shifted. Capital markets, wealth management, and treasury management all generated record non-interest income in 2024, partially offsetting NII headwinds. FY2025 revenue was ~$9.6B on a gross basis (+2.5% YoY).
Cash Flow & Balance Sheet (FY2024)
| Metric | Value |
|---|---|
| Total Assets | ~$157B |
| Total Loans | ~$96B |
| Total Deposits | ~$127B |
| Common Equity Tier 1 (CET1) | ~10.6% |
| Tangible Book Value per Share | ~$13–15 |
| Annual Dividend | ~$0.88/share (~4% yield) |
Key Ratios (approximate, FY2024)
- P/E: ~11–12x | P/Tangible Book: ~1.6x
- Return on Assets (ROA): ~1.1% | Return on Equity (ROE): ~12%
- Dividend Yield: ~4% | Efficiency Ratio: ~58%
Growth Profile
Regions' earnings peaked in 2023 and dipped in 2024 as the rate cycle shifted. The bank is positioned as asset-sensitive (benefits from rate increases), so the Fed easing cycle creates short-term NII headwinds. However, management's 2025–2026 guidance points to 2–5% NII growth as loan repricing and volume growth offset lower rates. The strategic push into capital markets and wealth management is designed to add fee income resilience.
Forward Estimates
- FY2025E: NII growth 2–5%; non-interest income growth 2–4%; EPS ~$2.10–$2.30
- FY2026E: Continued NII recovery as balance sheet grows; EPS ~$2.40–$2.60
- Key variable: pace of Fed rate cuts and commercial loan demand
Deeper Financial Analysis
The fundamental tier adds 9 additional research dimensions for $RF.