On Oct 22, major Wall Street analysts update their ratings for $Regions Financial (RF.US)$, with price targets ranging from $24 to $30.
Morgan Stanley analyst Betsy Graseck maintains with a buy rating, and maintains the target price at $28.
Wells Fargo analyst Mike Mayo maintains with a hold rating, and maintains the target price at $24.
Evercore analyst John Pancari maintains with a hold rating, and maintains the target price at $26.
Wedbush analyst David Chiaverini maintains with a buy rating, and adjusts the target price from $28 to $30.
Truist Financial analyst Brandon King maintains with a hold rating, and adjusts the target price from $25 to $26.
Furthermore, according to the comprehensive report, the opinions of $Regions Financial (RF.US)$'s main analysts recently are as follows:
The bank's third-quarter earnings surpassed estimates with improvements observed in net interest income, provisions, and tax rate, although expenses did not meet expectations.
Regions Financial reported a satisfactory quarter and presented an update on the 2024 guidance that was largely as anticipated, with a few variances. The company experienced less than expected deposit growth, attributed to a reduction in noninterest bearing deposits, although the unfavorable shift in deposit mix has decelerated. Moreover, loan growth did not meet the forecasted levels, primarily due to a decrease in commercial and industrial (C&I) balances.
Regions Financial's favorable outcomes from the third quarter are expected to continue into the fourth quarter.
Here are the latest investment ratings and price targets for $Regions Financial (RF.US)$ from 6 analysts:
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美东时间10月22日，多家华尔街大行更新了$地区金融 (RF.US)$的评级，目标价介于24美元至30美元。
摩根士丹利分析师Betsy Graseck维持买入评级，维持目标价28美元。
富国集团分析师Mike Mayo维持持有评级，维持目标价24美元。
Evercore分析师John Pancari维持持有评级，维持目标价26美元。
韦德布什分析师David Chiaverini维持买入评级，并将目标价从28美元上调至30美元。
储亿银行分析师Brandon King维持持有评级，并将目标价从25美元上调至26美元。
此外，综合报道，$地区金融 (RF.US)$近期主要分析师观点如下：
银行第三季度的收益超过预期，观察到净利息收入、准备金和税率的改善，尽管费用未达到预期。
地区金融报告显示本季度令人满意，并提供了2024年指引的更新，大体符合预期，略有差异。公司经历了低于预期的存款增长，归因于非利息存款减少，尽管存款结构的不利变化已经减缓。此外，贷款增长未达到预期水平，主要是由于商业和工业(C&I)余额下降导致的。
地区金融在第三季度取得的良好成果预计将持续到第四季度。
以下为今日6位分析师对$地区金融 (RF.US)$的最新投资评级及目标价：
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