On Oct 21, major Wall Street analysts update their ratings for $Regions Financial (RF.US)$, with price targets ranging from $24 to $30.
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 Q3 earnings surpassed estimates due to a more favorable net interest income, provision, and tax rate, although expenses did not meet expectations.
Regions Financial had a satisfactory quarter and shared a guidance update for 2024 that largely met expectations, though not without its variances. The growth in deposits did not reach anticipated levels, influenced by a reduction in noninterest bearing deposits. However, the shift towards less favorable deposit types has decelerated. Additionally, loan growth did not align with projections, primarily due to a decrease in commercial and industrial loan balances.
The firm notes that the favorable outcomes observed in Regions Financial's 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 4 analysts:
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美東時間10月21日，多家華爾街大行更新了$地區金融 (RF.US)$的評級，目標價介於24美元至30美元。
富國集團分析師Mike Mayo維持持有評級，維持目標價24美元。
Evercore分析師John Pancari維持持有評級，維持目標價26美元。
韋德布什分析師David Chiaverini維持買入評級，並將目標價從28美元上調至30美元。
儲億銀行分析師Brandon King維持持有評級，並將目標價從25美元上調至26美元。
此外，綜合報道，$地區金融 (RF.US)$近期主要分析師觀點如下：
由於更爲有利的淨利息收入、準備金和稅率，銀行的第三季度收入超過了預期，儘管開支未達預期。
地區金融度過了一個令人滿意的季度，併發布了2024年的指導更新，大體上符合預期，儘管存在一些差異。存款增長未達到預期水平，受非利息存款減少影響。然而，向不太有利的存款類型的轉變已經放緩。此外，貸款增長未符合預期，主要是由於商業和工業貸款餘額下降。
該公司指出，地區金融第三季度的良好結果預計將持續到第四季度。
以下爲今日4位分析師對$地區金融 (RF.US)$的最新投資評級及目標價：
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