RF Q4 2022 Earnings — Regions Financial Corporation Revenue & Financial Results | Market Cap Arena

RFRegions Financial Corporation

$24B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$2.1B+28.5% YoY

Gross Profit

$1.9B87.8% margin

Operating Income

$872M40.6% margin

Net Income

$685M31.9% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

+10.3%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.3B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$155.2B

Total Liabilities

$139.3B

Stockholders' Equity

$15.9B

Cash & Equivalents

$11.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.7B	+28.5%
Gross Profit	$1.9B	$1.5B	+23.7%
Operating Income	$872M	$541M	+61.2%
Net Income	$685M	$438M	+56.4%

Revenue Segments

Consumer Bank

$793M48%

Corporate Bank

$551M34%

Wealth Management

$298M18%