RF Q3 2021 Earnings — Regions Financial Corporation Revenue & Financial Results | Market Cap Arena

RFRegions Financial Corporation

$23B

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.7B-2.6% YoY

Gross Profit

$1.8B106.9% margin

Operating Income

$831M50.2% margin

Net Income

$651M39.3% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$841M

Free Cash Flow

$820M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$156.2B

Total Liabilities

$137.5B

Stockholders' Equity

$18.6B

Cash & Equivalents

$27.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.7B	-2.6%
Gross Profit	$1.8B	$1.5B	+16.8%
Operating Income	$831M	$634M	+31.1%
Net Income	$651M	$530M	+22.8%

Revenue Segments

Consumer Bank

$486M50%

Corporate Bank

$444M46%

Wealth Management

$35M4%