Regions Financial Corp. (RF) reported earnings for its second quarter that advanced from the same period last year.
The company’s bottom line came in at $362 million, or $0.32 per share. This compares with $300 million, or $0.25 per share, in last year’s second quarter.
Analysts had expected the company to earn $0.33 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 5.1% to $1.44 billion from $1.37 billion last year.
Regions Financial Corp. earnings at a glance:
-Earnings (Q2): $362 Mln. vs. $300 Mln. last year.
-EPS (Q2): $0.32 vs. $0.25 last year.
-Analysts Estimate: $0.33
-Revenue (Q2): $1.44 Bln vs. $1.37 Bln last year.
by RTTNews Staff Writer
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