Regions Financial Q1 Profit Beats Estimates - Quick Facts

(RTTNews) - Regions Financial Corp. (RF) reported that its first-quarter income from continuing operations to shareholders decreased to $299 million from $325 million, previous year. Earnings per share from continuing operations was $0.21, compared to $0.23. Total earnings per share was $0.22, for the quarter.

On average, 27 analysts polled by Thomson Reuters expected the company to report profit per share of $0.20 for the quarter. Analysts' estimates typically exclude special items.

Net interest income increased to $816 million from $798 million, while non-interest income decreased year-over-year to $438 million from $501 million. Total revenue was $1.25 billion, compared to $1.30 billion, a year ago. Analysts expected revenue of $1.30 billion for the quarter.