Citi analyst Keith Horowitz reaffirmed a Buy rating on Regions Financial (NYSE:RF), with a steady price target of $30.00. Horowitz's endorsement came after Regions Financial reported a one-cent earnings beat for the fourth quarter compared to consensus estimates.

Regions Financial Corporation’s RF fourth-quarter 2024 adjusted earnings per share of 59 cents beat the Zacks Consensus Estimate of 55 cents per share. This compares favorably with earnings of 52 cents per share in the year-ago quarter.

Regions Financial Corporation ( NYSE: RF) Q4 2024 Earnings Conference Call January 17, 2025 10:00 AM ET Dana Nolan - Investor Relations John Turner - Chief Executive Officer David Turner - Chief Financial Officer

Wedmont Private Capital bought a new position in shares of Regions Financial Co. (NYSE:RF – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.

The Alabama-based regional bank reported stronger earnings on a bump in capital markets fee revenue and lower expenses, but its total loans declined and its charge-offs increased. It expects only modest loan growth this year.

This was the stock's second consecutive day of losses.

The bank’s loan book experienced continued modest declines in business loan balances during the fourth quarter.

Operator Good morning, and welcome to the Regions Financial Corporation's quarterly earnings call. My name is Christine, and I will be your operator for today's call. [Operator instructions] I will now turn the call over to Dana Nolan to begin.

U.S. regional bank Regions Financial reported a 38% increase in fourth-quarter profit on Friday, driven by higher fees from advising on deals and fewer provisions for potentially souring loans in a tough economy.

The holding company for Regions Bank posted revenue of $2.39 billion in the period. Its revenue net of interest expense was $1.82 billion, missing Street forecasts. Five analysts surveyed by Zacks expected $1.85 billion. For the year, the company reported profit of $1.89 billion, or $1.93 per share. Revenue was reported as $7.08 billion.

In a report released today, Jason Goldberg from Barclays maintained a Hold rating on Truist Financial (TFC – Research Report), with a price