Regions Financial reports Q2 adjusted EPS 60c, consensus 56c

Reports Q2 adjusted revenue $1.91B, consensus $1.86B. “Our second quarter results demonstrate continued momentum across our franchise and the benefits of the strategic investments we’ve made in talent, technology, and capabilities,” said John Turner, Chairman, President and CEO of Regions Financial (RF) Corp. Turner added, “We are experiencing solid deposit growth, disciplined loan production, and strong performance across fee-based businesses, including Treasury Management and Wealth Management. As we modernize our platforms and expand further in key growth areas across our footprint, we remain committed to executing our plan while generating top-quartile returns and long-term value for our shareholders. Our strong performance is the result of remaining focused on the financial needs and opportunities of our clients and operating in a responsible manner for the benefit of the people we serve.”