RF Q3 2022 Earnings — Regions Financial Corporation Revenue & Financial Results | Market Cap Arena

RFRegions Financial Corporation

$24B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.9B+17.6% YoY

Gross Profit

$1.7B88.9% margin

Operating Income

$562M28.9% margin

Net Income

$429M22.0% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+8.5%

Cash Flow

Operating Cash Flow

$321M

Free Cash Flow

$293M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$157.8B

Total Liabilities

$142.6B

Stockholders' Equity

$15.2B

Cash & Equivalents

$15.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+17.6%
Gross Profit	$1.7B	$1.8B	-2.1%
Operating Income	$562M	$831M	-32.4%
Net Income	$429M	$651M	-34.1%

Revenue Segments

Consumer Bank

$702M56%

Corporate Bank

$509M40%

Wealth Management

$51M4%