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Regions Financial Earnings Preview For Oct, 2013

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Regions Financial Corp (RF)

Background: Regions Financial Corporation is a regional bank holding company and hasbanking-related subsidiaries engaged in mortgage banking, credit life insurance, leasing, and securities brokerage activities with offices in various Southeastern states. Through its subsidiaries, Regions offers a broad range of banking and banking-related services.

Regions Financial is anticipated to give us a repeat performance of last year in this year's third-quarter earnings before the market opens on October 22, 2013.

The consensus estimate is currently 21 cents a share, the same as third-quarter last year. Analysts' estimates this quarter range from 19 cents, to a high of 22 cents per share.

Regions Financial distributes 12 cents a year in dividends for a yield of 1.2%.

Analyst opinion is mixed. Most of the analysts surveyed don't believe a buy or a sell should be made at this point. Currently, Regions Financial has 12 buy recommendations out of 25 analysts covering the company, 11 holds, and 2 recommend selling. The stock has appreciated 26% in the last year, and the average analyst target price for Regions Financial is $10.94.

The last reported short interest is paltry and without reason to consider it a meaningful influence at only 1.1% of the average trading float.
 

 

(RF)

(BAC)

(BBT)

(STI)

Strong Buy

3

3

5

4

Moderate Buy

9

7

8

7

Hold

11

17

18

16

Moderate Sell Ratings

1

1

1

1

Strong Sell Ratings

1

2

0

2

Avg Analyst Price Target

$10.94

$15.08

$37.70

$36.64

Revenue

$5.25 billion

$90.07 billion

$9.81 billion

$8.41 billion

Est Low EPS

0.19

0.14

0.67

0.34

Est High EPS

0.22

0.22

0.75

0.72

1 Year Stock Price Change

29.77%

50.32%

4.14%

15.15%

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Average: 5 (1 vote)
Stock Tickers: RF BAC BBT STI Author Disclosure: n/a
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