October 20, 2015 7:44 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
(NYSE: RF) reported weaker-than-expected earnings for the third quarter on Tuesday.The Birmingham, Alabama-based company reported a quarterly profit of $258 million, or $0.18 per share, compared to $320 million or $0.22 per share, in the year-ago period. Its earnings from continuing operations declined to $0.19 per share from $0.21 per share.Its revenue rose 1.2 percent to $1.33 billion. However, analysts were expecting earnings of $0.20 per share on revenue of $1.33 billion.The bank's lending climbed 5.7 percent, while deposits rose 3.4 percent.Its net interest margin shrank to 3.13 percent in the latest quarter, versus 3.18 percent, a year ago.Non-interest income rose 1 percent on an adjusted basis, while non-interest expenses climbed 8 percent."This quarter's results affirm that our focus on meeting customer needs and diversifying our business model is producing results," said Grayson Hall, chairman, president and CEO. "We acquired new customers and increased loans to consumers and businesses while also growing net interest income."Regions Financial shares fell 0.78 percent to close at $8.95 yesterday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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