Regions Financial Corp. (RF) released a profit for its first quarter that rose from last year.
The company's profit totaled $614 million, or $0.63 per share. This compares with $139 million, or $0.14 per share, in last year's first quarter.
Analysts had expected the company to earn $0.47 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 $1.61 billion from $1.41 billion last year.
Regions Financial Corp. earnings at a glance:
-Earnings (Q1): $614 Mln. vs. $139 Mln. last year.-EPS (Q1): $0.63 vs. $0.14 last year.-Analysts Estimate: $0.47 -Revenue (Q1): $1.61 Bln vs. $1.41 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.