BofA raised the firm’s price target on Regions Financial to $25 from $22 and keeps a Neutral rating on the shares. The firm said in a research note on Friday that Regions Financial’s shares had a muted reaction to broadly inline Q2 results.
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- Regions Financial Releases Preliminary Quarterly Results
- Regions Financial sees FY24 average deposits stable to down modestly vs. FY23
- Regions Financial reports Q2 net interest margin 3.51% vs. 4.04% last year
- Regions Financial reports Q2 EPS 52c, consensus 48c