# Regions Financial Corporation (RF)

> Source: Nexqual · https://nexqual.com/RF · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Regions Financial Corporation (RF), nexqual.com/RF" · informational, not investment advice.

**Price:** USD 28.4 (+1.25% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 28.05 · day 27.86–28.51 · 52w 23.59–32.47 · market cap $24.2B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $7.62B, net income $2.23B (29.3% margin) (SEC filings).
- Valuation: P/E 10.8x (avg 10.5x at the last 3 fiscal year-ends).
- 2 of 80 tracked superinvestors hold RF (13F, Q2 2026): 1 new, 0 added, 0 reduced, 1 unchanged.
- Analysts: Hold (mean 2.78 on a 1–5 scale) (23 analysts), mean target USD 31.14 (range 27–35).
- Total return with dividends: 1Y +22.6% vs S&P 500 +14.9%; 5Y +45.0% vs S&P 500 +80.3%.
- Next earnings: 2026-10-16, EPS estimate USD 0.69, revenue estimate $2.02B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.44B | $7.21B | $7.58B | $7.08B | $7.53B | $7.62B |
| Operating income | $46.0M | $56.0M | $212M | $95.0M | $53.0M | — |
| Net income | $2.52B | $2.25B | $2.07B | $1.89B | $2.16B | $2.23B |
| EPS (diluted) | $2.49 | $2.28 | $2.11 | $1.93 | $2.30 | — |
| Operating margin | 0.7% | 0.8% | 2.8% | 1.3% | 0.7% | — |
| Net margin | 39.2% | 31.1% | 27.4% | 26.7% | 28.6% | 29.3% |
| Revenue growth | +2.4% | +12.1% | +5.0% | -6.5% | +6.3% | — |
| Cash + short-term investments | $29.4B | $11.2B | $6.80B | $10.7B | $10.9B | — |
| Total debt | $2.41B | $2.28B | $2.33B | $6.49B | $4.88B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 10.8x · P/S 3.2x · P/B 1.3x · Earnings yield 9.23% · Dividend yield (paid, TTM) 3.79% · Buyback yield (TTM) 4.72%
P/E at fiscal year-ends: Dec 2025 11.3x, Dec 2024 11.4x, Dec 2023 8.8x.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold RF. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 0.16% | $55.6M | Unchanged |
| Mairs & Power | Mairs & Power Funds | <0.01% | $211K | New position |

## Analysts
Consensus Hold (mean 2.78 on a 1–5 scale), 23 analysts; mean target USD 31.14 (low 27, high 35).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Citigroup | Target lowered | Buy | $36 → $32 |
| 2026-10-21 | Cantor Fitzgerald | Reiterated | Overweight | $32 |
| 2026-10-20 | Truist Securities | Target lowered | Hold | $31 → $30 |
| 2026-10-19 | DA Davidson | Target lowered | Neutral | $32 → $31 |
| 2026-10-19 | RBC Capital | Target lowered | Outperform | $34 → $32 |
| 2026-10-19 | Stephens & Co. | Target lowered | Equal-Weight | $32 → $30 |
| 2026-10-14 | Cantor Fitzgerald | Target lowered | Overweight | $35 → $32 |
| 2026-10-05 | UBS | Target lowered | Neutral | $33 → $30 |
| 2026-10-02 | JP Morgan | Target lowered | Neutral | $32 → $30.5 |
| 2026-10-01 | Evercore ISI Group | Target lowered | Underperform | $31 → $27 |
| 2026-09-28 | Morgan Stanley | Target lowered | Equal-Weight | $36 → $35 |
| 2026-09-23 | Truist Securities | Target lowered | Hold | $34 → $31 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +22.6% | +45.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +22.7% | +7.7% |
| Volatility (annualized) | 23.1% | 31.1% |
| Max drawdown | -18.4% (Feb 2026→Mar 2026) | -41.0% (Jan 2022→Oct 2023) |

## Peers (Banks - Regional)
BBD (Banco Bradesco Sa) USD 3.95 -2.47% · FITB (Fifth Third Bancorp) USD 53.23 +0.80% · DB (Deutsche Bank AG) USD 31.48 -2.39% · TFC (Truist Financial Corporation) USD 48.42 +1.45% · NWG (NatWest Group plc) USD 16.99 -2.30% · NU (Nu Holdings Ltd.) USD 14.73 -2.13%

## More
Full page: https://nexqual.com/RF · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Company outlook (8-K filed 2026-10-16)

- "The words "future," "anticipates," "assumes," "intends," "plans," "seeks," "believes," "predicts," "potential," "objectives," "estimates," "expects," "targets," "projects," "outlook," "forecast," "would," "will," "may," "might," "could," "should," "can," and similar terms, expressions, and graphics often signify forward-looking statements."
- "For discussion of these and other factors that may cause actual results to differ from expectations, look under the captions "Cautionary Note Regarding Forward-Looking Statements and Risk Factor Summary" and "Risk Factors" in Regions' Annual Report on Form 10-K for the year ended Dec. 31, 2025 and in Regions' subsequent filings with the SEC."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $0.69 | $0.68 | +0.5% | $2.02B | 15 |
| Next quarter (ends 2027-03-31) | $0.67 | $0.67 | -0.2% | $1.99B | 11 |
| Current fiscal year (ends 2026-12-31) | $2.71 | $2.63 | +3.2% | $7.83B | 14 |
| Next fiscal year (ends 2027-12-31) | $2.85 | $2.85 | +0.0% | $8.23B | 17 |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 23.2% | ±5.4% |
| 2026-12-18 | 56 | 24.3% | ±7.8% |
| 2027-01-15 | 84 | 24.9% | ±9.6% |
| 2027-02-19 | 119 | 25.7% | ±11.7% |
| 2027-03-19 | 147 | 27.1% | ±13.7% |
| 2027-05-21 | 210 | 26.8% | ±16.0% |
| 2027-06-17 | 237 | 28.0% | ±17.7% |
| 2027-09-17 | 329 | 27.6% | ±20.2% |