Regions Financial: 1Q Earnings Snapshot

BIRMINGHAM, Ala. (AP) _ Regions Financial Corp. (RF) on Thursday reported first-quarter earnings of $394 million.

The bank, based in Birmingham, Alabama, said it had earnings of 37 cents per share.

The results met Wall Street expectations. The average estimate of 22 analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share.

The holding company for Regions Bank posted revenue of $1.69 billion in the period. Its revenue net of interest expense was $1.45 billion, falling short of Street forecasts. Twenty-five analysts surveyed by Zacks expected $1.46 billion.

Regions Financial shares have increased 18 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 16 percent. The stock has declined 12 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RF at https://www.zacks.com/ap/RF