Report
Eric Compton
EUR 101.80 For Business Accounts Only

Internal efficiency initiatives and strong deposit base are key strengths for Regions.

No-moat-rated Regions Financial reported third-quarter results that fit within our long-term thesis on the company, and we are increasing our fair value estimate to $13 per share from $12, largely due to the time value of money.
Regions offered new details on its expense-saving initiatives, highlighting that technology investments will increase, that the current plan to save roughly $400 million by 2019 will be largely complete by 2018, and that it believes there are additional opportunities be...
Underlying
Regions Financial Corporation

Regions Financial is a banking holding company. Through its subsidiaries, the company has the following segments: Corporate Bank, which represents its commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, branch small business loans, indirect loans, consumer credit cards and other consumer loans; and Wealth Management, which provides credit related products, trust and investment management, asset management, retirement and savings solutions and estate planning.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Eric Compton

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