Regions Financial Corporation (RF) Anticipates ~2% Q3 Net Interest Income Growth with Targeted NIM Exit Rate of ~3.7%
Regions Financial Corporation expects a roughly 2% increase in net interest income for the third quarter, while aiming to achieve an exit rate of approximately 3.7% on its net interest margin (NIM). The company reported Q2 earnings of $549 million and adjusted earnings of $583 million.
Tickers: $RF
Topics: banking sector financial performance