Regions Financial Corporation Provides Earnings Guidance for the Third Quarter and Fourth Quarter of 2022
July 22, 2022 at 10:00 am EDT
Regions Financial Corporation provided earnings guidance for the third quarter and fourth quarter of 2022. Total net interest income is projected to increase 8% to 10% in the third quarter, as expectations for rate hikes have been pulled forward, so has outlook for NII.
Fourth quarter net interest income is now expected to be approximately 23% to 25% higher than first quarter.