Regions Q3 EPS $0.49 vs $0.52 in Q2; revenue up 3% to $1.8 billion
Regions Financial reported preliminary third-quarter 2024 results on October 18, 2024. Net income available to common shareholders was $446 million, or $0.49 per diluted share, down from $477 million and $0.52 in the second quarter, though revenue rose 3.4% from the prior quarter to $1.8 billion. Notable items, including securities repositioning and preferred stock redemption costs, reduced diluted EPS by $0.08.
Key points
- Net income available to common shareholders was $446 million, versus $477 million in Q2 2024 and $465 million a year earlier.
- Diluted EPS was $0.49, compared with $0.52 in Q2 2024 and $0.49 in Q3 2023; notable items reduced EPS by $0.08.
- Total revenue was $1.8 billion, up 3.4% from Q2 2024 but down 3.6% from Q3 2023.
- Tangible common book value per share rose to $12.26 from $10.61 in Q2; the company repurchased about 4 million shares for $101 million and declared $229 million in common dividends.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 18, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.