Regions Financial Corp (NYSE: RF) has reported earnings for its third fiscal quarter (ending September 30) of $0.49 versus $0.49 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $1.77 versus $2.43 for the same period a year ago.
Recent Price Action
Regions Financial Corp (NYSE: RF) stock closed at $23.82 on 10/18/24 after a slight decline of -0.7%. Moreover, unusually high trading volume at 155% of normal accompanied the decline. The stock has risen 3.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
RF is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Regions Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Regions Financial has a good Appreciation Score of 80 and a good Power Rating of 84, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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