secwatch.observer — SEC 8-K summary
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Issuer:     REGIONS FINANCIAL CORP (RF)
CIK:        0001281761
Form:       8-K
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0001281761-23-000048
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regions Q3 EPS $0.49; NIM 3.73%; NCOs 0.40%; FY23 revenue outlook up 5-6%
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- Diluted EPS $0.49, net income available to common $465M; total revenue $1.9B.
- Net interest income $1.291B, down 6.5% QoQ; NIM 3.73% (down 31 bps).
- Net charge-offs $63M, 0.40% of avg loans; provision $145M ($44M excess over NCOs).
- FY23 adjusted total revenue expected up 5-6% vs 2022; Q4 NII expected to decline ~5% QoQ.
- CET1 ratio 10.3%; ROATCE 20.6% (14.6% ex. AOCI); managed at ~10% near term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1281761/000128176123000048/0001281761-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1281761/000128176123000048/rf-20231020.htm
  HTML page:      https://secwatch.observer/filing/0001281761-23-000048

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