Regions Financial reported third quarter 2026 earnings per share of $0.71, exceeding the $0.66 analyst estimate. While total revenue of $1.97 billion slightly trailed expectations, the bank demonstrated sequential growth in net interest income and record performance in capital markets.
Key Highlights
- Net interest income increased 1.6% sequentially to $1.30 billion, supported by fixed-rate asset turnover and higher hedging income.
- Asset quality improved significantly as annualized net charge-offs fell 13 basis points to 0.29% of average loans.
- Capital markets income reached record levels, surging 27% quarter-over-quarter driven by M&A advisory and securities underwriting.
- The Common Equity Tier 1 ratio was estimated at 10.8%, with the bank returning $95 million to shareholders via repurchases.