RF Q2 2024 Earnings — Regions Financial Corporation Revenue & Financial Results | Market Cap Arena

RFRegions Financial Corporation

$24B

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$2.3B-0.3% YoY

Gross Profit

$1.6B70.6% margin

Operating Income

$625M27.1% margin

Net Income

$501M21.7% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

$161M

Free Cash Flow

$154M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$154.1B

Total Liabilities

$136.8B

Stockholders' Equity

$17.2B

Cash & Equivalents

$8.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.3B	-0.3%
Gross Profit	$1.6B	$1.8B	-11.4%
Operating Income	$625M	$728M	-14.1%
Net Income	$501M	$581M	-13.8%