Regional finance company found using ticker (RF) now have 22 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 30 and 21, with the average target price being 26.18. Given that the shares’ previous close was at 24.59, this would indicate that there is a potential upside of 6.5%. The 50 day moving average is 23.08 while the 200 day moving average is 21.51. The company’s market capitalization is $ 23,946 million. You can visit the company’s website by visiting: https://www.regions.com
Regions Financial Corporation, a financial holding company, provides banking and related services to individuals and businesses. It operates through three segments: Corporate Bank, Consumer Bank and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial loans, commercial real estate loans and real estate loans to investors; equipment rental financing; deposit products; and underwriting and placement of securities, syndication and placement of loans, foreign exchange transactions, derivatives, mergers and acquisitions and other advisory services. It is aimed at corporate real estate developers and investors, on the intermediate and commercial market. The Consumer Banking segment provides consumer banking products and services related to senior residential mortgages, home equity lines and loans, indirect branch and small business loans, consumer credit cards and other consumer loans, as well as deposits. The Wealth Management segment offers credit-related products and retirement and savings solutions; and trust and investment management, asset management and estate planning services to individuals, businesses, government institutions and not-for-profit entities. The company also offers investment and insurance products; business fund syndication services for low income housing tax credit; and other specialized financing services. As of October 22, 2021, it was operating through a network of 1,300 bank offices and 2,000 ATMs in the South, Midwest and Texas. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.
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