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Regions Financial Corporation  (RF)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 

RF's Operating Income Growth by Quarter and Year

Regions Financial's Operating Income results by quarter and year




RF Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 872.00 541.00 737.00
III Quarter September - 562.00 831.00 634.00
II Quarter June 728.00 740.00 1,021.00 -261.00
I Quarter March 789.00 702.00 822.00 204.00
FY   1,517.00 2,876.00 3,215.00 1,314.00



RF Operating Income second quarter 2023 Y/Y Growth Comment
Regions Financial Corporation reported decrease in Operating Income in the second quarter 2023 by -1.62% to $ 728.00 millions, from the same quarter in 2022.
Despite modest results in the second quarter 2023, contraction in Regions Financial Corporation's Operating Income appears to be smaller than Company's recent average decline.

Looking into second quarter 2023 results within Commercial Banks industry 50 other companies have achieved higher Operating Income growth. While Regions Financial Corporation' s Operating Income decline of -1.62% ranks overall at the positon no. 1244 in the second quarter 2023.

Explain Operating Income growth


RF Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 61.18 % -26.59 % 51.33 %
III Quarter September - -32.37 % 31.07 % 22.87 %
II Quarter June -1.62 % -27.52 % - -
I Quarter March 12.39 % -14.6 % 302.94 % -59.12 %
FY   - -10.54 % 144.67 % -33.8 %

Financial Statements
Regions Financial's second quarter 2023 Operating Income $ 728.00 millions RF's Income Statement
Regions Financial's second quarter 2022 Operating Income $ 740.00 millions Quarterly RF's Income Statement
New: More RF's historic Operating Income Growth >>


RF Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 55.16 % -34.9 % 16.25 %
III Quarter September - -24.05 % -18.61 % -
II Quarter June -7.73 % 5.41 % 24.21 % -
I Quarter March -9.52 % 29.76 % 11.53 % -58.11 %
FY (Year on Year)   - -10.54 % 144.67 % -33.8 %




Operating Income second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #51
Financial Sector #400
Overall #1244

Operating Income Y/Y Growth Statistics
High Average Low
638.22 % -6.03 % -866.51 %
(Dec. 30, 2012)   (Sep. 30, 2009)
Operating Income second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #51
Financial Sector #400
Overall #1244
Operating Income Y/Y Growth Statistics
High Average Low
638.22 % -6.03 % -866.51 %
(Dec. 30, 2012)   (Sep. 30, 2009)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Regions Financial's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
597.16 % 9.87 % -100 %
(March 31, 2008)  


RF's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2023 Regions Financial Corporation realized drop in Operating Income sequentially by -7.73% to $ 728.00 millions, from $ 789.00 millions declared a quarter before.

Those seasonal factors could not recover the II. Quarter for the Regions Financial Corporation, Pol Rodríguez, Commercial Banks industry consultant wrote, he sees new challenges ahead for the Commercial Banks's company and continued that average quarter on quarter Operating Income growth is at 9.87% for the Commercial Banks's company.

Within Commercial Banks industry 43 other companies have achieved higher Operating Income quarter on quarter growth. While Regions Financial's Operating Income growth quarter on quarter, overall rank is 1295.


Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #44
Financial Sector #396
Overall #1295
Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #44
Financial Sector #396
Overall #1295
Operating Income Q/Q Growth Statistics
High Average Low
597.16 % 9.87 % -100 %
(March 31, 2008)  


RF's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2023 Regions Financial Corporation disclosed drop in Operating Income from the first quarter by -7.73% to $ 728.00 millions, from $ 789.00 millions achived in the previous reporting period.

Those periodic influence which usually energize II. Quarter 2023 performance, could not recover the II. Quarter for the Regions Financial Corporation, Pol Rodríguez, Commercial Banks industry consultant wrote and wrote that average sequential Operating Income growth is at 9.87% for RF.

Within Commercial Banks industry 43 other companies have achieved higher Operating Income quarter on quarter growth. While Regions Financial's Operating Income growth quarter on quarter, overall rank is 1295.


Regions Financial's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Operating Income 12 Months Ending $ 2,951.00 $ 2,963.00 $ 2,876.00 $ 2,545.00 $ 2,814.00
Y / Y Operating Income Growth (TTM) 4.87 % -4.26 % -10.54 % -25.39 % -12.45 %
Year on Year Operating Income Growth Overall Ranking # 1296 # 333 # 120 # 1530 # 1201
Seqeuential Operating Income Change (TTM) -0.4 % 3.03 % 13.01 % -9.56 % -9.08 %
Seq. Operating Income Growth (TTM) Overall Ranking # 1244 # 1268 # 1472 # 1772 # 1418




Cumulative Operating Income growth Comment
Regions Financial saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 4.87% year on year, to $ 2,951 millions if the fiscal year would have ended in Jun 30 2023.
Regions Financial's trailing twelve months Operating Income growth was higher than company's average -6.03% and higher than -4.26% growth in Mar 31 2023.

In the Financial sector 420 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 333 to 1296.

Operating Income TTM Q/Q Growth Statistics
High Average Low
638.22 %
-6.03 %
-866.51 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 51
Financial Sector # 421
Overall # 1296

Operating Income TTM Y/Y Growth Statistics
High Average Low
638.22 %
-6.03 %
-866.51 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 51
Sector # 400
S&P 500 # 1244
Cumulative Operating Income growth Comment
Regions Financial saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 4.87% year on year, to $ 2,951 millions if the fiscal year would have ended in Jun 30 2023.
Regions Financial's trailing twelve months Operating Income growth was higher than company's average -6.03% and higher than -4.26% growth in Mar 31 2023.

In the Financial sector 420 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 333 to 1296.

Operating Income TTM Q/Q Growth Statistics
High Average Low
638.22 %
-6.03 %
-866.51 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 51
Financial Sector # 421
Overall # 1296

Operating Income TTM Y/Y Growth Statistics
High Average Low
638.22 %
-6.03 %
-866.51 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 51
Sector # 400
S&P 500 # 1244




Other Operating Income Growth
Commercial Banks Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
RF's Operating Income Growth Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for RF's Competitors
Operating Income Growth for Regions Financial's Suppliers
Operating Income Growth for RF's Customers

You may also want to know
RF's Annual Growth Rates RF's Profitability Ratios RF's Asset Turnover Ratio RF's Dividend Growth
RF's Roe RF's Valuation Ratios RF's Financial Strength Ratios RF's Dividend Payout Ratio
RF's Roa RF's Inventory Turnover Ratio RF's Growth Rates RF's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Jun 30 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Jun 30 2023
Healthpeak Properties Inc -0.03%$ -0.028 millions
First Capital Inc-0.06%$ -0.063 millions
Sl green Realty corp-0.32%$ -0.317 millions
Seacoast Banking Corporation Of Florida-0.49%$ -0.488 millions
Great Southern Bancorp inc -0.50%$ -0.502 millions
Empire State Realty Op L p -0.67%$ -0.667 millions
Extra Space Storage Inc -0.84%$ -0.844 millions
Corporate Office Properties Trust-1.00%$ -0.999 millions
Kearny Financial Corp -1.18%$ -1.181 millions
Midland States Bancorp Inc -1.19%$ -1.190 millions
Penns Woods Bancorp inc-1.43%$ -1.433 millions
Consumers Bancorp Inc-1.52%$ -1.524 millions
Regions Financial Corporation-1.62%$ -1.622 millions
Community Trust Bancorp Inc-1.72%$ -1.724 millions
Eastern Bankshares Inc -1.74%$ -1.742 millions
Red River Bancshares Inc -1.80%$ -1.798 millions
Central Valley Community Bancorp-1.88%$ -1.883 millions
Eagle Bancorp Montana Inc -1.91%$ -1.913 millions
Washington Federal Inc-2.02%$ -2.016 millions
Synovus Financial Corp-2.71%$ -2.707 millions
United Bankshares Inc-2.71%$ -2.714 millions
Sei Investments Company-2.81%$ -2.813 millions
Alerus Financial Corporation-3.15%$ -3.154 millions
Blackrock Inc -3.18%$ -3.177 millions
Brixmor Property Group Inc -3.44%$ -3.444 millions
Heartland Financial Usa Inc -3.68%$ -3.679 millions
Cno Financial Group Inc -3.87%$ -3.867 millions
Oceanfirst Financial Corp-4.02%$ -4.021 millions
Old Point Financial Corp-4.30%$ -4.304 millions
Hancock Whitney Corporation-4.34%$ -4.339 millions




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