RF Q3 2020 Earnings — Regions Financial Corporation Revenue & Financial Results | Market Cap Arena

RFRegions Financial Corporation

$23B

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.7B-0.1% YoY

Gross Profit

$1.5B89.2% margin

Operating Income

$634M37.3% margin

Net Income

$530M31.2% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$681M

Free Cash Flow

$662M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$145.2B

Total Liabilities

$127.3B

Stockholders' Equity

$17.9B

Cash & Equivalents

$13.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.7B	-0.1%
Gross Profit	$1.5B	$1.4B	+9.7%
Operating Income	$634M	$516M	+22.9%
Net Income	$530M	$409M	+29.6%

Revenue Segments

Consumer Bank

$581M53%

Corporate Bank

$476M43%

Wealth Management

$38M3%