Regions Financial: Q2 Earnings Snapshot

July 22, 2022 GMT

BIRMINGHAM, Ala. (AP) _ Regions Financial Corp. (RF) on Friday reported second-quarter earnings of $583 million.

The bank, based in Birmingham, Alabama, said it had earnings of 59 cents per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.

The holding company for Regions Bank posted revenue of $1.8 billion in the period. Its revenue net of interest expense was $1.75 billion, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $1.68 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RF at https://www.zacks.com/ap/RF