Regions Financial reports Q2 EPS 52c, consensus 48c

Reports Q2 revenue $1.7B, consensus $1.76B. “Our teams delivered solid second quarter results driven by the successful execution of Regions’ business strategies. We have a great plan, and the investments we are making in talent, technology, products and services will continue to benefit us as macroeconomic conditions improve,” said John Turner, Chairman, President and CEO of Regions Financial Corp. Turner added, “The company exceeded all minimum capital levels and maintained a preliminary stress capital buffer at the 2.5 percent floor in the recent Federal Reserve Supervisory Stress Test. These results further underscore the value of our strong and diverse balance sheet, solid capital and liquidity levels, and prudent risk management strategies. We have a strong foundation from which to generate consistent, sustainable, long-term performance and top-quartile returns as we remain focused on execution.”