RF Q1 2021 Earnings — Regions Financial Corporation Revenue & Financial Results | Market Cap Arena

RFRegions Financial Corporation

$24B

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.7B+4.2% YoY

Gross Profit

$1.8B105.8% margin

Operating Income

$822M49.7% margin

Net Income

$642M38.8% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

-4.6%

Cash Flow

Operating Cash Flow

$719M

Free Cash Flow

$708M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$153.3B

Total Liabilities

$135.5B

Stockholders' Equity

$17.9B

Cash & Equivalents

$24.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.6B	+4.2%
Gross Profit	$1.8B	$1.1B	+64.4%
Operating Income	$822M	$204M	+302.9%
Net Income	$642M	$162M	+296.3%

Revenue Segments

Consumer Bank

$497M51%

Corporate Bank

$435M45%

Wealth Management

$35M4%