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JP Morgan Reviews 2Q at Regions Financial
Wednesday, July 27, 2011 - 10:14amJ.P. Morgan has published a report on Regions Financial (NYSE: RF) reviewing the second quarter. In the report, J.P. Morgan wrote, "Regions reported EPS of $0.04 and core EPS of $0.01, above consensus of -$0.01 and our $0.01 estimate. Nonrecurring items in 2Q include $77 mil restructuring charges...
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Morgan Stanley Maintains Underweight on Regions Financial
Thursday, June 23, 2011 - 8:25amMorgan Stanley is out with its report today on Regions Financial (NYSE: RF), maintaining Underweight. In a note to clients, Morgan Stanley writes, "We are Underweight RF in the context of an Attractive view for the large cap bank sector. We look for the bank to come out of the credit cycle later...
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UPDATE: Bank of America Merrill Lynch Downgrades Regions Financial to Neutral
Thursday, June 16, 2011 - 8:30amBank of America Merrill Lynch is out with its report today on Regions Financial (NYSE: RF), downgrading RF from Buy to Neutral. In a note to clients, Bank of America Merrill Lynch writes, "We are downgrading RF to Neutral from Buy. RF has underperformed materially of late, as investors sell banks...
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Bank of America Downgrades Regions Financial To Neutral, $6.50 PT
Thursday, June 16, 2011 - 7:05amBank of America has downgraded Regions Financial (NYSE: RF) from Buy to Neutral and has established a $6.50 price objective.
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J.P. Morgan Comments On RF 1Q
Thursday, April 21, 2011 - 7:39amJ.P. Morgan is providing a few comments on Regions Financial Corp.'s (NYSE: RF) 1Q results. “Regions reported a second consecutive quarter of positive EPS of a penny, well above consensus and our loss estimates of 10 cents and 7 cents, respectively,” J.P. Morgan writes. “Upside was led by lower...
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Jefferies Forecasts RF To Be Slightly Profitable On A Full-Year 2011 Basis
Wednesday, April 20, 2011 - 7:25amRegions Financial Corp. (NYSE: RF) posted a larger-than-expected decline in charge-offs, “helping the bank close in on core profitability (EPS was $0.01),” Jefferies reports. “We are now forecasting RF to be slightly profitable on a full-year 2011 basis,” Jefferies writes. “Outer-year estimates...
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JP Morgan Lowers PT On Regions Financial To $8
Tuesday, February 1, 2011 - 8:48amJP Morgan has lowered the price target on Regions Financial (NYSE: RF) from $8.50 to $8 and maintains its Neutral rating.
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Regions Financial Credit Disappoints In 3Q, Deutsche Bank Reports
Wednesday, November 17, 2010 - 9:47amDeutsche Bank reports that Regions Financial's (NYSE: RF) credit disappointed in 3Q (specifically as it relates to NPA inflows, which at $1.4b Deutsche Bank says were worse than expected). “However, management reiterated there were some positives – specifically that of the 3Q NPA inflows that are...
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Deutsche's Question Bank September 2010
Wednesday, September 8, 2010 - 8:13amDeutsche Bank has posed some key questions currently facing banks: 1. With NII/NIMs being pressured by continued declines in interest rates, how will banks increase/maintain revenues? 2. After being net sellers of securities in 2Q, the largest US banks have been net buyers of securities so far in...
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