Regions Financial Corporation Stock Buy Recommendation Reiterated (RF)
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- Powered by its strong earnings growth of 64.28% and other important driving factors, this stock has surged by 42.47% over the past year, outperforming the rise in the S&P 500 Index during the same period. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
- REGIONS FINANCIAL CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, REGIONS FINANCIAL CORP turned its bottom line around by earning $0.75 versus -$0.02 in the prior year. This year, the market expects an improvement in earnings ($0.85 versus $0.75).
- The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Commercial Banks industry average. The net income increased by 68.3% when compared to the same quarter one year prior, rising from $199.00 million to $335.00 million.
- Net operating cash flow has increased to $1,130.00 million or 49.66% when compared to the same quarter last year. In addition, REGIONS FINANCIAL CORP has also vastly surpassed the industry average cash flow growth rate of -63.43%.
- The gross profit margin for REGIONS FINANCIAL CORP is currently very high, coming in at 91.30%. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of 23.62% trails the industry average.
--Written by a member of TheStreet Ratings Staff. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
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