secwatch.observer — SEC 8-K summary
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Issuer:     REGIONS FINANCIAL CORP (RF)
CIK:        0001281761
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0001281761-24-000040
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regions Q2: EPS $0.52, adj. revenue $1.8B; NII troughed, sees 2H growth; dividend up 4%
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- Diluted EPS $0.52, net income available to common $477M; adjusted revenue $1.8B.
- FTE NII $1.186B (flat QoQ); FY2024 NII guidance $4.7-4.8B, expects upper end.
- Quarterly dividend raised 4% to $0.25/share; $87M in share repurchases in Q2.
- Net charge-offs 0.42% annualized; FY2024 NCO guidance upper end of 40-50 bps.
- Adjusted non-interest expense guided to $4.15-4.2B for FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1281761/000128176124000040/0001281761-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1281761/000128176124000040/rf-20240719.htm
  HTML page:      https://secwatch.observer/filing/0001281761-24-000040

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