Regions Financial Reaches New 52-Week High (RF)

NEW YORK ( TheStreet) -- Regions Financial Corporation (NYSE: RF) hit a new 52-week high Friday as it is currently trading at $10.03, above its previous 52-week high of $9.94 with 1.2 million shares traded as of 9:55 a.m. ET. Average volume has been 15.8 million shares over the past 30 days.

Regions Financial has a market cap of $13.88 billion and is part of the financial sector and banking industry. Shares are up 38.6% year to date as of the close of trading on Wednesday.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management.

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TheStreet Ratings rates Regions Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Regions Financial Ratings Report.

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