Get Stock Quote Here Regions Financial Corporation is a US bank and financial services company based in Birmingham, Alabama, with its corporate headquarters at the Regions Center. A member of the S&P 500 Index, the company provides retail and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions is the only member of the Fortune 500 headquartered in Alabama (ranked #479 in 2015), and was ranked by Business Insider as the largest company in the state. Regions is the largest deposit holder in Alabama, with $22.8 billion in local deposits, or 25.7% of all local deposits. As of 2012, Regions had $122 billion in assets. In 2010, Regions had $137 billion in assets, making it at that time the 22nd largest bank in the United States, and the 10th largest U.S. based bank. Its banking subsidiary, Regions Bank, operates some 1,700 branches and 2,400 ATMs across a 16-state network in the South, Midwest, and Texas.
Regions Financial (RF) Stock Boosted by FBR's Upgrade NEW YORK (TheStreet) -- Regions Financial (RF - Get Report) shares are rising by 0.95% to $9.07 on Wednesday afternoon, following FBR & Co.'s rating upgrade in a bullish note issued to investors yesterday. The firm raised its rating to "outperform" from "market perform" and lifted its price target to $10.50 from $10. Analysts are optimistic after the company reported strong 2016 first quarter results last Friday. http://www.thestreet.com/story/1353...-by-fbr-s-upgrade.html?puc=yahoo&cm_ven=YAHOO
Q3 ER Estimates: Earnings Whisper: $0.22 Consensus: $0.21 Revenue: $1.38 Bil Date & Time of ER: Tuesday Oct 18 6:00 AM ET
Reported before open today (10/18/16) Earnings: EPS $0.24 Revenue $1.46B Estimates: EPS $0.21 Revenue $1.38B Up 2.40% today
Analyst Upgrade/Downgrade Update Brokerage firm: FBR & Co. Change: Upgrade Previous Rating: Market Perform Current Rating: Outperform Previous Price Target: $10.50 Current Price Target: $15
Analyst Upgrade/Downgrade Update Brokerage firm: Piper Jaffray Change: Downgrade Previous Rating: Overweight Current Rating: Neutral Previous Price Target: N/A Current Price Target: N/A
Bump. I like what I see here. Going to potentially load up on some calls in the near future. I view it as more of a longer term play though (at the moment at least)