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Regions Financial Corp. (RF) released a profit for its first quarter that rose from last year.


RTTNews | Apr 23, 2021 06:05AM EDT

06:04 Friday, April 23, 2021 (RTTNews.com) - Regions Financial Corp. (RF) released a profit for its first quarter that rose from last year.

The company's profit totaled $614 million, or $0.63 per share. This compares with $139 million, or $0.14 per share, in last year's first quarter.

Analysts had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.2% to $1.61 billion from $1.41 billion last year.

Regions Financial Corp. earnings at a glance:

-Earnings (Q1): $614 Mln. vs. $139 Mln. last year.-EPS (Q1): $0.63 vs. $0.14 last year.-Analysts Estimate: $0.47-Revenue (Q1): $1.61 Bln vs. $1.41 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3187629/regions-financial-corp-q1-earnings-rise.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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