Regions Financial Corporation shares have slipped 8% from their 52-week high of $31.53 reached on February 12, and over the past three months the stock gained 14.5%, trailing the 15.5% advance of the iShares U.S. Regional Banks ETF. On a year-to-date basis, RF rose 7%, also underperforming the ETF's 9.2% gain, though over the past 52 weeks the stock climbed 33.8%, outpacing the ETF's 30.1% return. The company reported first-quarter adjusted earnings per share of $0.62, slightly above the consensus estimate of $0.61, while adjusted revenue of $1.87 billion fell short of the $1.91 billion forecast. Wall Street analysts hold a consensus Hold rating on the stock with a mean price target of $30.50, implying a potential upside of 5.2% from current levels.
Regions Financial CorporationQ1 revenue missed consensus and stock underperformed regional bank ETF over 3 months
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