NYSE$RF

Regions Financial Corp · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

RF Q2 2024 — $1.90B revenue, 35.00 EPS

Forward-looking statements are not based on historical information, but rather are related to future operations, strategies, financial results or other developments. Regions Financial Corp reported Q2 2024 results. Diluted EPS came in at $35.00. Net income of $869.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $1.90B.
  • Diluted EPS: $35.00.
  • Net income: $869.0M.

Headline financials

Total Revenue

$1.73B

Previous: $1.96B-11.5%
EPS

$0.52

Previous: $0.59-11.9%
Free Cash Flow

$501M

Previous: $581M-13.8%
Net Income

$501M

Previous: $581M-13.8%
Operating Income

$985M

Previous: $1.41B-30.0%
Gross Profit

$1.63B

Previous: $1.84B-11.4%
Cash & Equivalents

$8.48B

Previous: $9.89B-14.2%
Total Assets

$154B

Previous: $156B-1.0%

Revenue & EPS history

Regions · Revenue · Quarterly

$1.73B

Q2 2024-11.5%vs Q2 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Regions · $497M total across 7 segments · Q1 2023

  • Deposit Charges
    $155M
  • Card & ATM Fees
    $121M-2.4%
  • Wealth Management
    $112M+10.9%
  • Capital Markets
    $42M-42.5%
  • Commercial Credit Fees
    $26M+18.2%
  • Mortgage Income
    $24M-50.0%
  • BOLI Income
    $17M+21.4%

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 2024

Historical avgQ2 2024

+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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro