Regions Financial Corp. (RF) released a profit for its fourth quarter that advanced from the same period last year.
The company's earnings came in at $588 million, or $0.61 per share. This compares with $366 million, or $0.38 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 14.2% to $1.69 billion from $1.48 billion last year.
Regions Financial Corp. earnings at a glance:
-Earnings (Q4): $588 Mln. vs. $366 Mln. last year.-EPS (Q4): $0.61 vs. $0.38 last year.-Analysts Estimate: $0.42 -Revenue (Q4): $1.69 Bln vs. $1.48 Bln last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.