BIRMINGHAM (ALABAMA) (dpa-AFX) - Regions Financial Corp. (RF) reported that its fourth quarter net income available to common shareholders increased to $514 million from $508 million, prior year. Earnings per common share was $0.58 compared to $0.56. Adjusted earnings per common share was $0.57 compared to $0.59. Analysts on average expected the company to report profit per share of $0.61, for the quarter.
Net interest income - taxable equivalent increased to $1.29 billion from $1.24 billion, previous year. Non-interest income was $640 million compared to $585 million.
The company expects 2026 non-FTE net interest income to grow between 2.5 - 4%.
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