Investing.com - Regions Financial (NYSE:RF) reported on Friday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Regions Financial announced earnings per share of $0.56 on revenue of $1.87. Analysts polled by Investing.com anticipated EPS of $0.59 on revenue of $1.81B.
Regions Financial shares are down 9% from the beginning of the year, still down 22.80% from its 52 week high of $25.57 set on February 16.
Regions Financial follows other major Financial sector earnings this month
Regions Financial's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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