Citi analyst Keith Horowitz reaffirmed a Buy rating on Regions Financial (NYSE:RF), with a steady price target of $30.00. Horowitz's endorsement came after Regions Financial reported a one-cent earnings beat for the fourth quarter compared to consensus estimates.
Q4 Earnings Snapshot
Regions Financial Q4 Earnings Beat, Non-Interest Income Rises Y/Y
· 1d · on MSN
Regions Financial (RF) Q4 2024 Earnings Call Transcript
Regions Financial: Q4 Earnings Snapshot
The holding company for Regions Bank posted revenue of $2.39 billion in the period. Its revenue net of interest expense was $1.82 billion, missing Street forecasts. Five analysts surveyed by Zacks expected $1.85 billion. For the year, the company reported profit of $1.89 billion, or $1.93 per share. Revenue was reported as $7.08 billion.
In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Citigroup (C – Research Report), with a price target of
Wedmont Private Capital bought a new position in shares of Regions Financial Co. (NYSE:RF – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
This was the stock's second consecutive day of losses.
The bank’s loan book experienced continued modest declines in business loan balances during the fourth quarter.
Wall Street was on track for its best week since the election last year, with all U.S. market averages extending gains on Friday. As investors digested a busy first full trading week of 2025, both bonds and equities caught a big break,
D.R. Horton (NYSE:DHI – Get Free Report) had its target price reduced by analysts at Barclays from $170.00 to $150.00 in a research report issued to clients and investors on Thursday,Benzinga reports.
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