Regions Financial Corp
(NYSE:RF)
$
30.36
+0.075 (+0.25%)
Market Cap: 25.90 Bil
Enterprise Value: 21.33 Bil
PE Ratio: 12.65
PB Ratio: 1.49
GF Score: 75/100 Regions Financial Corp at Deutsche Bank Global Financial Services Conference Transcript
Jun 01, 2022 / 01:00PM GMT
Release Date Price:
$21.61
(-2.17%)
Matthew Derek O;Connor
Deutsche Bank AG, Research Division - MD in Equity Research
' -
All right. Good morning, everyone. We're ready to get started here. Next up is Regions Financial. We've got CEO, John Turner; and CFO, David Turner. And this will be a fireside chat format.
Questions & Answers
Matthew Derek O;Connor
Deutsche Bank AG, Research Division - MD in Equity Research
' -
So let's just jump right into it. In the span of a couple of months, the macro environment, our outlook has changed pretty meaningfully. We had the Goldilocks scenario in January. Now it seems like the market is really playing. We're expecting a recession. What are you seeing among your client base as you think about the corporates, the commercial customers, the consumer?
John M. Turner
Regions Financial Corporation - President, CEO & Director
The customer is still in very good shape. Consumers solid balances, deposit balances are still holding up. We're seeing a little runoff in consumer balances
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