Regions Financial Corp. Reports Advance In Q2 Profit

(RTTNews) - Regions Financial Corp. (RF) reported earnings for its second quarter that advanced from the same period last year.

The company's bottom line came in at $362 million, or $0.32 per share. This compares with $300 million, or $0.25 per share, in last year's second quarter.

Analysts had expected the company to earn $0.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.1% to $1.44 billion from $1.37 billion last year.

Regions Financial Corp. earnings at a glance:

-Earnings (Q2): $362 Mln. vs. $300 Mln. last year. -EPS (Q2): $0.32 vs. $0.25 last year. -Analysts Estimate: $0.33 -Revenue (Q2): $1.44 Bln vs. $1.37 Bln last year.