Evercore ISI analyst John Pancari maintained a Buy rating on Regions Financial Corp (NYSE:RF). on Friday, setting a price target of $20, which is approximately 3.05% below the present share price of $20.63.
Pancari expects Regions Financial Corp. to post earnings per share (EPS) of $0.61 for the second quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Regions Financial, with an average price target of $22.5.
The analysts price targets range from a high of $25 to a low of $20.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.67 billion and a net profit of $0. The company's market cap is $19.82 billion.
According to TipRanks.com, Evercore ISI analyst John Pancari is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 17.4% and a 70.00% success rate.
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 fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty 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, commercial real estate and investor real estate lending. The Consumer Bank segment holds the company's branch network, including consumer banking products and services related to residential first 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, governmental institutions and non-profit entities a range of solutions to help protect grow and transfer wealth. Regions Financial was founded in 1971 and is headquartered in Birmingham, AL.