NYSE$RF
Regions Financial Corp · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported a net loss due to a significant increase in the allowance for credit losses, but delivered solid revenue and pre-tax pre-provision income growth over the prior year.
Regions Financial Corporation reported a net loss available to common shareholders of $237 million for the second quarter of 2020, or $0.25 loss per share, which includes a credit loss provision in excess of net charge-offs of $700 million. Total revenue and pre-tax pre-provision income each increased 8 percent over the prior year. Adjusted revenue grew 6 percent while adjusted pre-tax pre-provision income increased 8 percent.
- Net loss reflects a significant credit loss provision for potential future losses.
- Core business is solid and resilient despite the economic conditions.
- Proactive risk management and strategic investments are prioritized to improve service and efficiency.
- Focus on customers and careful expense management to deliver sustainable, long-term performance.
Headline financials
Revenue & EPS history
Regions · Revenue · Quarterly
$1.55B
Revenue by segment
Regions · $540M total across 9 segments · Q2 2020
- Deposit Charges$131M—24.3%
- Card & ATM Fees$101M—18.7%
- Capital Markets$95M—17.6%
- Mortgage Income$82M—15.2%
- Wealth Management$79M—14.6%
- BOLI Income$18M—3.3%
- Commercial Credit Fees$17M—3.1%
- Employee Benefit Assets$16M—3.0%
- Securities Gains/Losses$1M—0.2%
Forward guidance
Regions' Board of Directors will evaluate the common stock dividend at its regularly scheduled meeting in July 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.4%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+4.7%
Avg return
30 days after
57%
41 / 72 earnings
Positive
+9.2%
Q1 2012
Best reaction
-13.9%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -2.7% | +1.0% | -4.5% | |
| Q1 2026 | -2.2% | +1.0% | -4.5% | |
| Q3 2025 | +0.9% | +3.3% | +6.9% | |
| Q2 2025 | +0.8% | -0.5% | +5.1% | |
| Q1 2025 | +0.7% | +3.2% | +17.8% | |
| Q3 2024 | -1.5% | -1.4% | +9.9% | |
| Q2 2024 | +1.4% | +0.1% | -2.7% | |
| Q1 2024 | +0.9% | +4.1% | +6.2% | |
| Q4 2023 | +6.2% | +7.2% | +3.0% | |
| Q3 2023 | -13.9% | -14.7% | -0.4% | |
| Q2 2023 | -1.7% | -0.6% | -4.0% | |
| Q1 2023 | -3.1% | -6.2% | -10.7% | |
| Q4 2022 | +5.9% | +5.6% | +10.0% | |
| Q3 2022 | +4.1% | +7.9% | +13.9% | |
| Q2 2022 | +4.5% | +3.9% | +10.9% | |
| Q1 2022 | +0.3% | -1.3% | -6.5% | |
| Q4 2021 | -6.6% | -1.8% | +0.2% | |
| Q3 2021 | +4.0% | +0.4% | +1.8% | |
| Q2 2021 | +2.0% | +2.4% | +5.6% | |
| Q1 2021 | +4.0% | +5.5% | +12.2% | |
| Q4 2020 | -0.4% | -3.6% | +14.5% | |
| Q3 2020 | +3.6% | +11.7% | +25.3% | |
| Q2 2020 | -5.3% | +0.0% | +9.0% | |
| Q1 2020 | +6.2% | +2.7% | +3.8% | |
| Q4 2019 | -2.4% | -2.6% | -0.7% | |
| Q3 2019 | +1.3% | +2.1% | +2.6% | |
| Q2 2019 | +2.2% | +7.8% | -4.7% | |
| Q1 2019 | -3.3% | -2.5% | -8.6% | |
| Q4 2018 | -0.1% | -1.5% | +2.5% | |
| Q3 2018 | -5.7% | -2.0% | -3.5% | |
| Q2 2018 | +3.7% | +3.8% | +10.6% | |
| Q1 2018 | +3.9% | +4.8% | +5.4% | |
| Q4 2017 | +5.6% | +7.1% | +7.2% | |
| Q3 2017 | +3.0% | +4.0% | +2.9% | |
| Q2 2017 | +0.6% | +1.0% | -1.7% | |
| Q1 2017 | -4.5% | -3.7% | +0.1% | |
| Q4 2016 | -0.5% | +4.6% | +10.0% | |
| Q3 2016 | +5.3% | +6.3% | +31.6% | |
| Q2 2016 | -2.6% | -1.4% | +5.1% | |
| Q1 2016 | +3.3% | — | — | |
| Q4 2015 | -3.3% | — | — | |
| Q3 2015 | +1.0% | — | — | |
| Q2 2015 | +4.9% | — | — | |
| Q1 2015 | +1.5% | — | — | |
| Q4 2014 | -4.0% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | -0.9% | — | — | |
| Q1 2014 | +1.3% | — | — | |
| Q4 2013 | +4.3% | — | — | |
| Q3 2013 | -4.5% | — | — | |
| Q2 2013 | -1.9% | — | — | |
| Q1 2013 | +6.3% | — | — | |
| Q4 2012 | +3.1% | — | — | |
| Q4 2011 | +2.1% | — | — | |
| Q3 2012 | -8.8% | — | — | |
| Q2 2012 | +8.1% | — | — | |
| Q1 2012 | +9.2% | — | — | |
| Q3 2011 | +3.6% | — | — | |
| Q2 2011 | -11.6% | — | — | |
| Q1 2011 | +0.8% | — | — | |
| Q4 2010 | -1.4% | — | — | |
| Q3 2010 | +6.9% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q1 2009 | -4.3% | — | — | |
| Q1 2010 | +2.0% | — | — | |
| Q4 2007 | -0.6% | — | — | |
| Q4 2009 | -0.6% | — | — | |
| Q4 2008 | -0.6% | — | — | |
| Q3 2009 | -0.6% | — | — | |
| Q3 2008 | -0.6% | — | — | |
| Q2 2009 | +0.4% | — | — | |
| Q2 2008 | +0.4% | — | — |
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