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Regions Finl

Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset management, wealth management, securities brokerage, and trust services.

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In a recent analyst note by Goldman Sachs, the outlook for several regional banks were evaluated. The banks examined include KeyCorp, M&amp;T Bank Corp, among others.

Regional Bank Performance: Goldman Sachs Breaks Down Q2 2024 Earnings

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Regions Financial Corporation (NYSE: RF) is scheduled to report second-quarter 2024 results on Jul 19, before the opening bell. The bank&#39;s earnings and revenues in the to-be-reported quarter are expected to have declined from the year-ago reported figures.

Lower NII to Hurt Regions Financial in Q2 Earnings

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On CNBC’s &#34;Mad Money Lightning Round,&#34; Jim Cramer recommended holding onto  Regions Financial Corporation  (NYSE: RF).

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Regions Financial Corporation Depositary Shares Representing 1/40th Perpetual Preferred Series B

Regions Financial Corporation Depositary Shares, each Representing a 1/40th Interest in a Share of 5.700% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C

Regions Financial Corporation Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.45% Non-Cumulative Perpetual Preferred Stock, Series E

B of A Securities analyst Erika Najarian maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Neutral and raises the price target from $22 to $25.

B of A Securities Maintains Neutral on Regions Finl, Raises Price Target to $25

Truist Securities analyst Brandon King maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Hold and raises the price target from $21 to $23.

Truist Securities Maintains Hold on Regions Finl, Raises Price Target to $23

RBC Capital analyst Gerard Cassidy maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Outperform and raises the price target from $21 to $23.

RBC Capital Maintains Outperform on Regions Finl, Raises Price Target to $23

Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) has been analyzed by 6 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $21.67, a high estimate of $24.00, and a low estimate of $21.00. This upward trend is evident, with the current average reflecting a 4.84% increase from the previous average price target of $20.67.
<img src="https://www.benzinga.com/files/images/story/2024/1721656810_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of Regions Finl by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Whit Mayo</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$22.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Kenneth Usdin</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$24.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Regions Finl. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Regions Finl compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Regions Finl's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RF/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Regions Finl analyst ratings.</a>
<h2>All You Need to Know About Regions Finl</h2>
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset management, wealth management, securities brokerage, and trust services.
<h3>Regions Finl: A Financial Overview</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Decline in Revenue: Over the 3 months period, Regions Finl faced challenges, resulting in a decline of approximately -10.46% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Regions Finl's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 19.63%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Regions Finl's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.2%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Regions Finl's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.22%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Regions Finl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.28.
<h2>How Are Analyst Ratings Determined?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

6 Analysts Have This To Say About Regions Finl

Wells Fargo analyst Whit Mayo maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Equal-Weight and raises the price target from $18 to $22.

Wells Fargo Maintains Equal-Weight on Regions Finl, Raises Price Target to $22

In a recent analyst note by Goldman Sachs, the outlook for several regional banks were evaluated based on their recent <a href="https://www.benzinga.com/topic/banks">second-quarter 2024 earnings reports</a>. Among the banks examined included KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>), M&amp;T Bank Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), Regions Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>), Truist Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>), U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) and Zions Bancorporation NA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>).
Lead analyst Ryan Nash and team highlighted key metrics, growth projections and credit performances, offering a comprehensive analysis of each bank&#8217;s standing and market outlook.
<h3 class="wp-block-heading">KeyCorp</h3>
KeyCorp&#8217;s second-quarter 2024 EPS results were mixed. The bank saw a slight beat on fees and managed lower expenses, which offset a softer Net Interest Income (NII). Credit performance was largely in line with expectations. The focus shifted to the updated FY 2024 guidance, where most items such as fees, expenses and Net Charge Offs (NCOs) were reiterated. 
However, the bank lowered its loan growth expectations while increasing deposit growth projections. On the earnings call, KEY indicated that NII would likely hit the low end of its range based on the forward curve and noted that loan growth has yet to see an inflection.
Goldman Sachs&#8217; note points out that KeyCorp&#8217;s earnings were impacted by a challenging economic environment and competitive pressures.
<h3 class="wp-block-heading">M&amp;T Bank</h3>
M&amp;T Bank reported better-than-expected second-quarter 2024 results, with NII, fees, and expenses all surpassing the mid-June update. Credit metrics improved, with non-performing loans (NPLs) and criticized assets declining after three consecutive quarters of increase. 
The bank updated its NII guidance, projecting $6.85-$6.9 billion, which was viewed as conservative due to limited growth expected in the second half of 2024.
Goldman Sachs highlighted M&amp;T&#8217;s effective integration of recent acquisitions, which contributed to improved operating leverage.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/07/39857569/american-express-q2-earnings-ceo-raises-annual-profit-and-marketing-spend-outlook-after-q2-profit-b">American Express Q2 Earnings: CEO Raises Annual Profit And Marketing Spend Outlook After Q2 Profit Beat</a>
<h2 class="wp-block-heading">Regions Financial</h2>
Regions Financial reported solid earnings, underpinned by steady loan and deposit growth. Goldman Sachs noted that the bank&#8217;s focus on expanding its commercial banking segment paid off, as commercial loans showed significant growth. 
Regions Financial also benefited from improved efficiency ratios due to ongoing digital transformation initiatives. However, the bank faced some headwinds from higher provisions for credit losses, reflecting a cautious stance on future economic uncertainties .
<h2 class="wp-block-heading">Truist Financial</h2>
Truist Financial&#8217;s performance in second-quarter 2024 was marked by successful cost-saving measures and revenue synergies from its merger. Goldman Sachs emphasized Truist&#8217;s enhanced scale and scope, which have strengthened its competitive position. 
The bank&#8217;s NIM remained relatively stable, and its fee income saw a boost from increased transaction volumes. Truist&#8217;s credit metrics also showed improvement, with a decline in non-performing assets and delinquency rates .
<h2 class="wp-block-heading">US Bancorp </h2>
US Bancorp posted strong quarterly results, driven by robust consumer and commercial lending activities. Goldman Sachs highlighted the bank&#8217;s superior efficiency ratio, which is among the best in the industry. US Bancorp&#8217;s diversified business model, including a significant contribution from payment services, provided resilience against interest rate volatility. 
The bank&#8217;s credit quality metrics remained solid, with a decrease in net charge-offs and stable non-performing asset levels .
<h2 class="wp-block-heading">Zions Bancorp</h2>
Zions Bancorp showed strong performance with notable improvements in its loan portfolio and asset quality. Goldman Sachs pointed out that Zions&#8217; focus on community banking and small to medium-sized business lending has paid off, resulting in robust loan growth. 
The bank&#8217;s credit quality remained high, with low levels of non-performing assets and charge-offs. Zions also benefited from strategic cost management initiatives, which helped improve its efficiency ratio.
Read Also: <a href="https://www.benzinga.com/24/07/39843691/goldman-sachs-morgan-stanley-and-bank-of-america-continued-the-strong-trend-with-their-second-quarte">Goldman Sachs, Morgan Stanley and Bank of America Continued The Strong Trend With Their Second Quarter Financials</a>
Note: The author of this article owns KEY Stock.

Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.48 by 10.42 percent. This is a 10.17 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $1.78 billion which beat the analyst consensus estimate of $1.76 billion by 1.19 percent. This is a 8.99 percent decrease over sales of $1.96 billion the same period last year.

Regions Finl Q2 Adj $0.53 Beats $0.48 Estimate, Sales $1.78B Beat $1.76B Estimate

Dividends on common stock to be payable Oct. 1; dividends on preferred stock to be payable in August and September.
The Regions Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) Board of Directors today declared the following cash dividends on its common shares, Series B preferred shares, Series C preferred shares, Series D preferred shares and Series E preferred shares:
<ul>
<li>A cash dividend of $0.25 on each share of outstanding common stock of the Company, payable on Oct. 1, 2024, to stockholders of record at the close of business on Sept. 3, 2024. The dividend of $0.25 represents a $0.01 increase over the most recent quarterly common dividend.</li>
<li>A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on Sept. 16, 2024, to stockholders of record at the close of business on Sept. 3, 2024.</li>
<li>A cash dividend of $14.25 per share of Series C Preferred Stock (equivalent to approximately $0.35625 per depositary share), payable on Aug. 15, 2024, to stockholders of record at the close of business on Aug. 1, 2024.</li>
<li>A cash dividend of $1,437.50 per share of Series D Preferred Stock (equivalent to approximately $14.375 per depositary share), payable on Sept. 16, 2024, to stockholders of record at the close of business on Sept. 3, 2024.</li>
<li>A cash dividend of $11.125 per share of Series E Preferred Stock (equivalent to approximately $0.278125 per depositary share), payable on Sept. 16, 2024, to stockholders of record at the close of business on Sept. 3, 2024.</li>
</ul>

Dividends

Regions Financial Increases Quarterly Common Dividend From $0.24 To $0.25 Per Share

Regions Financial Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rf#NYSE">RF</a>) is scheduled to report second-quarter 2024 results on Jul 19, before the opening bell. The bank&#39;s earnings and revenues in the to-be-reported quarter are expected to have declined from the year-ago reported figures.
This Birmingham, AL-based player&#39;s first-quarter 2024 earnings missed the Zacks Consensus Estimate due to a rise in expenses and a decline in net interest income (NII). Nonetheless, a rise in non-interest income supported results to some extent.
Regions Financial has a disappointing earnings surprise history. Its earnings surpassed estimates in one of the trailing four quarters and missed thrice, the average negative surprise being 3.66%.
The Zacks Consensus Estimate for second-quarter earnings of 49 cents per share has moved 2.1% north in the past 30 days. The figure indicates a 16.9% decline from the year-ago reported number.
The consensus estimate for revenues is pegged at $1.75 billion, indicating a 10.4% decrease from the prior-year reported figure.
<div class="chart_embed">
<h3>Regions Financial Corporation Price and EPS Surprise</h3>
<h3><img alt="Regions Financial Corporation Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/ed/1721140225.png" style="height:266px; width:545px" title="" /></h3>
Regions Financial Corporation price-eps-surprise | Regions Financial Corporation Quote
</div>
<h3>Key Factors &amp; Estimates for Q2</h3>
Loans: Region Financial&#39;s overall lending activities are likely to have been moderate in the second quarter. The demand for consumer loans declined, whereas commercial real estate loans experienced softer demand in the quarter under review than in prior quarters.
However, the demand for commercial and industrial loans improved, per the Federal Reserve&#39;s latest data. Given RF&#39;s significant exposure to commercial loans, this is likely to have positively impacted the company&#39;s average interest-earning assets during the second quarter of 2024 to some extent. The Zacks Consensus Estimate of $1.36 billion for average earning assets indicates a sequential marginal increase.&nbsp;
NII: As the Federal Reserve kept the interest rates steady during the quarter at a 23-year high of 5.25-5.5%, RF is less likely to have recorded significant improvement in NII. Also, the inverted yield curve in the June-ended quarter and high funding costs are expected to have weighed on NII growth.
Management expects NII to remain flat or decline by 2% from the first quarter of 2024. The Zacks Consensus Estimate for NII indicates a 1.1% sequential fall to $1.17 billion.
Non-Interest Income: Consumer spending activities were decent in the second quarter of 2024. The expectations of a soft landing of the U.S. economy, gradually cooling inflation, and clarity on the Fed rate cut path are expected to have driven the client activity. This favorable trend is likely to have aided RF&#39;s card and ATM fee growth during the quarter under discussion.
The Zacks Consensus Estimate for card and ATM fees of $120.4 million implies a sequential increase of 3.8%.
Management anticipates overall deposit balances to decline in the to-be-reported quarter due to the impact of tax payments. Also, the consensus estimate for revenues from service charges on deposit accounts for Regions Financial of $143.4 million indicates a decline of 3.1% on a sequential basis.
Global deal-making witnessed a rebound in the second quarter, and the performance of the capital markets business, including issuance activities, improved. Solid financial performance, fading recession risks, buoyant markets, and expected rate cuts this year were the major factors driving a better picture. Yet, tough scrutiny by antitrust regulators and lingering geopolitical tensions were headwinds.
The Zacks Consensus Estimate for capital market income is pegged at $74.6 million, indicating a sequential decline of 18.1%.
In the second quarter, the mortgage rates declined from the peak of more than 8% but remained considerably high at almost 7%. Though the central bank has signaled a 25-basis point cut in rates this year, the demand for mortgages did not witness significant improvement. Due to the home price appreciation and lower supply, mortgage origination volume remained weak too.
The Zacks Consensus Estimate for mortgage income is pegged at $40 million, indicating a 2.4% decrease from the prior quarter&#39;s reported figure.
Wealth and asset management revenues are likely to have gained from higher equity market performance in the quarter. The Zacks Consensus Estimate for wealth management income is pegged at $120.3 million, indicating a 1.1% rise from the prior quarter&#39;s reported number.
Overall, the Zacks Consensus Estimate for total non-interest income is pinned at $596.7 million, indicating a 6% sequential rise.
Expenses: RF&#39;s expenses are expected to have remained high in the quarter under discussion due to an increase in salaries, employee benefit expenses and other expenses. Although the company is implementing expense management actions, its ongoing investment in technology advancement and franchise strengthening is likely to have kept the expense base elevated.
Asset Quality: The company is likely to have set aside a substantial amount of money for potential bad loans, given the expectations of an economic slowdown.
The Zacks Consensus Estimate for non-performing assets is pegged at $971.2 million, indicating a 5.3% rise from the prior quarter&#39;s reported figure.
<h3>What Our Quantitative Model Predicts</h3>
Our proven model does not predict an earnings beat for Regions Financial this time around. This is because it does not have the right combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) to increase the odds of an earnings beat.
Earnings ESP: Regions Financial has an Earnings ESP of -0.02%.&nbsp;
Zacks Rank: The company currently carries a Zacks Rank #3.
<h3>Stocks to Consider</h3>
Here are some finance stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time around.
Northern Trust Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntrs#NASDAQ">NTRS</a>) has an Earnings ESP of +1.56% and carries a Zacks Rank #2 at present. The company is slated to report second-quarter 2024 results on Jul 17.
Over the past 60 days, the Zacks Consensus Estimate for NTRS&#39; quarterly earnings has moved upward by 1.7%.
M&amp;T Bank Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtb#NYSE">MTB</a>) has an Earnings ESP of +0.22% and carries a Zacks Rank #3 at present. It is scheduled to release second-quarter 2014 earnings on Jul 18.
MTB&#39;s quarterly earnings estimates have moved marginally downward over the past seven days.
<a href="https://www.zacks.com/stock/news/2302849/lower-nii-to-hurt-regions-financial-rf-in-q2-earnings?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2302849">To read this article on Zacks.com click here.</a>

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Shares of banking stocks are trading higher amid sympathy with Bank of America after the company reported better-than-expected Q2 financial results.

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Shares of several banks are trading higher amid continued volatility following earning reports from several companies within the sector reported last last week.

Keefe, Bruyette &amp; Woods analyst David Konrad maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Market Perform and lowers the price target from $22 to $21.

Keefe, Bruyette & Woods Maintains Market Perform on Regions Finl, Lowers Price Target to $21

Truist Securities analyst Brandon King maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Hold and raises the price target from $20 to $21.

Truist Securities Maintains Hold on Regions Finl, Raises Price Target to $21

Jefferies analyst Kenneth Usdin maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Buy and raises the price target from $22 to $24.

Jefferies Maintains Buy on Regions Finl, Raises Price Target to $24

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Shares of banking companies are trading higher. The sector may be moving higher in possible reaction to Thursday's presidential debate.

Throughout the last three months, 7 analysts have evaluated Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Regions Finl, revealing an average target of $21.86, a high estimate of $25.00, and a low estimate of $20.00. Witnessing a positive shift, the current average has risen by 0.69% from the previous average price target of $21.71.
<img src="https://www.benzinga.com/files/images/story/2024/1719334865_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A clear picture of Regions Finl's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$25.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$22.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Regions Finl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Regions Finl compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Regions Finl's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Regions Finl's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RF/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Regions Finl analyst ratings.</a>
<h2>Delving into Regions Finl's Background</h2>
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset management, wealth management, securities brokerage, and trust services.
<h3>Regions Finl: Financial Performance Dissected</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Negative Revenue Trend: Examining Regions Finl's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -10.46% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Regions Finl's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 19.63%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Regions Finl's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.2%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.22%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Regions Finl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.28.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: Regions Finl In The Eyes Of 7 Experts

Evercore ISI Group analyst John Pancari maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a In-Line and lowers the price target from $22 to $21.

Evercore ISI Group Maintains In-Line on Regions Finl, Lowers Price Target to $21

The U.S. banking sector is bracing for the 2024 stress test results, scheduled to be released Wednesday <a href="https://www.benzinga.com/markets">after the market closes</a>.
Bank of America analyst Ebrahim H. Poonawala expects this year&#8217;s stress test to show overall improved capital buffers compared to 2023, given the moderately better severely adverse scenario outlined by the Federal Reserve.
<h1 class="wp-block-heading">Improved Capital Buffers Expected</h1>
According to Poonawala, banks are entering the 2024 stress test with approximately 300 basis points (bp) of excess Common Equity Tier 1 (CET1) capital above regulatory minimums, a notable increase from around 185 bp last year. 
&#8220;Surprises from the annual stress test results are inevitable given the inherent opacity, but we expect these to be manageable,&#8221; Poonawala stated. 
The improved capital position would imply a better ability to absorb an increase in the stress capital buffer, which is a positive development as banks navigate real-life challenges posed by the current macroeconomic backdrop and changing regulatory attitudes.
<h1 class="wp-block-heading">Bank Stress Test&#8217;s Severely Adverse Scenario</h1>
The 2024 stress test&#8217;s four scenarios, designed to provide the Federal Reserve with insight into the resiliency of the U.S. banking system, focuses on funding stress and the failure of five large hedge funds. 
In the Fed&#8217;s hypothetical severely adverse stress scenario, the Dow Jones Index is expected to fall 55%, the unemployment rate to rise by 6.3 percentage points to 10%, the VIX or fear index to spike to 75, and the residential and commercial real estate (CRE) markets to experience declines of 36% and 40%, respectively.
Poonawala noted, &#8220;We wondered if the Fed would inject a much steeper fall in CRE prices given the heightened focus on this asset class. CRE prices are expected to decline by 40% from start to trough, consistent with prior years (&#8217;18, &#8217;21, and &#8217;23).&#8221;
According to Bank of America, there is sensitivity to the potential for the Fed to emphasize certain issues, such as CRE, which could lead to unexpected outcomes.
<h1 class="wp-block-heading">Bank Stocks And ETFs To Watch</h1>
Bank of America is closely monitoring the performance of several banks, including the five new stress test participants: Ally Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>), Fifth Third Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NYSE">FITB</a>), Huntington Bancshares Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBAN#NASDAQ">HBAN</a>), KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>), and Regions Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>).&nbsp;
&#8220;Banks that did not participate in last year&#8217;s stress test could potentially experience harsher loss rates given a worse outlook for GDP, unemployment rate, and CRE values vs. 2022,&#8221; Poonawala stated. 
Other institutions of particular interest according to Bank of America are Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) and M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>).
With a 90 bp decline in stress-test capital buffers (SCB) from 2023 to 2021, driven by reduced exposure to private investments, Goldman Sachs may see continued relief and capital optimization. &#8220;Lower CET1 req. should be viewed positively, supportive of stock momentum,&#8221; Bank of America wrote.
Citigroup would also benefit from a lower CET1 requirement since it could facilitate increased share buybacks over the next year.
With the highest exposure to CRE loans and approximately 250 bp of excess capital above regulatory minimums, M&amp;T is managing towards an 11% CET1 target.
Last year, the bank index closed 1.8% higher (compared to 0.4% for the S&amp;P 500) following the stress test results. Banks that saw a decline in their SCBs rose by 2.6%, those with unchanged SCBs increased by 1.1%, and those with higher SCBs gained 0.4%. This year, investors will be keenly watching for similar trends.
&#8220;Last year banks where the SCB declined, outperformed the bank index (BKX) by 80bp on average the following day and by 220bp vs. those that saw their SCBs rise,&#8221; Poonawala wrote. 
Three banking-related ETFs to keep an eye on this week are:
<ul>
<li>Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</li>
<li>SPDR S&amp;P Bank ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBE#NYSE">KBE</a>)</li>
<li>SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>)</li>
</ul>
Read Now: <a href="https://www.benzinga.com/top-stories/24/06/39457749/tesla-leads-2024-us-tech-layoffs-so-far-followed-by-dell-cisco-xerox-paypal-microsoft">Tesla Leads 2024 US Tech Layoffs So Far, Followed By Dell, Cisco, Xerox, PayPal, Microsoft</a>
Photo: Shutterstock


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