Robert W. Baird analyst David George maintained a holding rating on Regions Financial Corp (NYSE :). Monday, setting a price target of $ 20, or about 7.83% below the current share price of $ 21.7.
George expects Regions Financial Corp. posts earnings per share (EPS) of $ 0.78 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is in favor of a moderate buy rating for Regions Financial shares, with an average price target of $ 23.17.
Analysts’ price targets range from a high of $ 26 to a low of $ 20.
In its latest earnings report, released 6/30/2021, the company reported quarterly revenue of $ 1.56 billion and net income of $ 0. The market capitalization of the company is $ 20.71 billion.
According to TipRanks.com, Robert W. Baird analyst David George is currently rated with 5 stars on a 0 to 5 star rating scale, with an average return of 14.8% and a success rate of 74.66%.
Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the areas of investment banking, asset management, trusts, mutual funds, securities brokerage. securities, insurance and other specialized financing. The company operates through the following segments: Corporate Bank, Consumer Bank and Wealth Management. The Corporate Bank segment represents the company’s commercial banking functions, including commercial and industrial loans, commercial real estate and investor real estate loans. The Consumer Bank segment owns the company’s branch network, including consumer banking products and services related to senior residential mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans. The Wealth Management segment offers individuals, businesses, government institutions and non-profit entities a range of solutions to help protect growth and transfer of wealth. Regions Financial was founded in 1971 and is headquartered in Birmingham, AL.
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