RF Q2 2020 Earnings — Regions Financial Corporation Revenue & Financial Results | Market Cap Arena

RFRegions Financial Corporation

$23B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.6B-3.2% YoY

Gross Profit

$647M39.9% margin

Operating Income

-$261M-16.1% margin

Net Income

-$214M-13.2% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$857M

Free Cash Flow

$845M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$144.1B

Total Liabilities

$126.4B

Stockholders' Equity

$17.6B

Cash & Equivalents

$13.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.7B	-3.2%
Gross Profit	$647M	$1.3B	-51.9%
Operating Income	-$261M	$483M	-154.0%
Net Income	-$214M	$390M	-154.9%

Revenue Segments

Consumer Bank

$555M53%

Corporate Bank

$452M43%

Wealth Management

$36M3%