secwatch.observer — SEC 8-K summary
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Issuer:     REGIONS FINANCIAL CORP (RF)
CIK:        0001281761
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001281761-23-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regions Q1 2023 EPS $0.62; NII record $1.4B; guides FY revenue up 6-8%
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- Net income available to common $588M, diluted EPS $0.62; ROATCE 26.7%.
- Net interest income record $1.4B, NIM 4.22% (+23bps QoQ).
- Adjusted total revenue expected up 6-8% for FY2023; NII growth 12-14%.
- CET1 ratio 9.8%; managing at or above 10% near-term; no share repurchases in Q1.
- Net charge-offs 35bps; expect full-year ~35bps; ACL ratio stable at 1.63%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1281761/000128176123000027/0001281761-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1281761/000128176123000027/rf-20230421.htm
  HTML page:      https://secwatch.observer/filing/0001281761-23-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer