(VIANEWS) – Shares of Regions Financial Corporation (NYSE: RF) slid by a staggering 12.13% to $17.82 at 10:24 EST on Monday, after five consecutive sessions in a row of losses. NYSE is sliding 0.78% to $14,778.26, after two successive sessions in a row of losses. This seems, up until now, a somewhat bearish trend trading session today.
Regions Financial Corporation’s last close was $20.28, 16.65% below its 52-week high of $24.33.
About Regions Financial Corporation
Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. The company also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. As of March 01, 2022, it operated through a network of 1,300 banking offices and 2,000 automated teller machines across the South, Midwest, and Texas. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.
Earnings Per Share
As for profitability, Regions Financial Corporation has a trailing twelve months EPS of $1.52.
PE Ratio
Regions Financial Corporation has a trailing twelve months price to earnings ratio of 11.72. Meaning, the purchaser of the share is investing $11.72 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.1%.
Volume
Today’s last reported volume for Regions Financial Corporation is 8564213 which is 11.25% above its average volume of 7697940.
Volatility
Regions Financial Corporation’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.75%, a negative 1.35%, and a positive 1.35%.
Regions Financial Corporation’s highest amplitude of average volatility was 4.75% (last week), 1.90% (last month), and 1.35% (last quarter).
Sales Growth
Regions Financial Corporation’s sales growth is 23.3% for the present quarter and 12.3% for the next.
Moving Average
Regions Financial Corporation’s worth is way below its 50-day moving average of $22.80 and way under its 200-day moving average of $21.60.
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