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Regions Financial Corporation reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 1,186 million compared to USD 1,381 million a year ago. Net income was USD 501 million compared to USD 581 million a year ago. Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.59 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.59 a year ago.For the six months, net interest income was USD 2,370 million compared to USD 2,798 million a year ago. Net income was USD 869 million compared to USD 1,193 million a year ago. Basic earnings per share from continuing operations was USD 0.89 compared to USD 1.22 a year ago. Diluted earnings per share from continuing operations was USD 0.89 compared to USD 1.22 a year ago.
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Total Revenue | 2307 | 2287 | 2329 | 2332 |
Net Income | 501 | 368 | 391 | 490 |
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Total Assets | 154052 | 154909 | 152194 | 153624 |
Total Liabilities | 136850 | 137831 | 134701 | 137499 |
Total Equity | 17202 | 17078 | 17493 | 16125 |
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 396 | 855 | 860 | |
Cash From Investing Activities | 1209 | -156 | 243 | |
Cash From Financing Activities | 2844 | -2914 | -1973 | |
Net Change in Cash | 4449 | -2215 | -870 |
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