Regions FinancialRF
Market Cap: $20.3B
About: Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset management, wealth management, securities brokerage, and trust services.
Employees: 19,595
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
35% more call options, than puts
Call options by funds: $71.4M | Put options by funds: $52.7M
31% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 70
16% more repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 263
3% more funds holding
Funds holding: 778 [Q1] → 800 (+22) [Q2]
0.54% less ownership
Funds ownership: 79.76% [Q1] → 79.22% (-0.54%) [Q2]
6% less capital invested
Capital invested by funds: $15.4B [Q1] → $14.5B (-$866M) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Morgan Stanley Betsy Graseck 51% 1-year accuracy 27 / 53 met price target | 26%upside $28 | Overweight Maintained | 30 Jul 2024 |
Citigroup Keith Horowitz 88% 1-year accuracy 14 / 16 met price target | 13%upside $25 | Buy Maintained | 23 Jul 2024 |
B of A Securities Erika Najarian 100% 1-year accuracy 10 / 10 met price target | 13%upside $25 | Neutral Maintained | 22 Jul 2024 |
Truist Securities Brandon King 89% 1-year accuracy 48 / 54 met price target | 4%upside $23 | Hold Maintained | 22 Jul 2024 |
RBC Capital Gerard Cassidy 93% 1-year accuracy 38 / 41 met price target | 4%upside $23 | Outperform Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 4 articles about RF published over the past 30 days