Regions Financial
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: 19,560
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
61% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 72
43% more call options, than puts
Call options by funds: $92.6M | Put options by funds: $64.7M
10% more capital invested
Capital invested by funds: $14.9B [Q2] → $16.4B (+$1.48B) [Q3]
5% more funds holding
Funds holding: 806 [Q2] → 850 (+44) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 303 | Existing positions reduced: 284
4.4% less ownership
Funds ownership: 81.15% [Q2] → 76.75% (-4.4%) [Q3]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Citigroup Keith Horowitz 74% 1-year accuracy 14 / 19 met price target | 10%upside $30 | Buy Maintained | 21 Nov 2024 |
Wells Fargo Whit Mayo 58% 1-year accuracy 11 / 19 met price target | 3%upside $28 | Equal-Weight Maintained | 15 Nov 2024 |
Keefe, Bruyette & Woods David Konrad 78% 1-year accuracy 18 / 23 met price target | 3%upside $28 | Outperform Upgraded | 31 Oct 2024 |
Argus Research Kevin Heal 90% 1-year accuracy 9 / 10 met price target | 5%downside $26 | Buy Upgraded | 24 Oct 2024 |
Deutsche Bank Matt O'Connor 100% 1-year accuracy 4 / 4 met price target | 5%downside $26 | Buy Upgraded | 24 Oct 2024 |
Financial journalist opinion
Based on 10 articles about RF published over the past 30 days
