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Regions Financial (Regions Financial) Preferred Stock : $1,659 Mil (As of Dec. 2023)


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What is Regions Financial Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Regions Financial's preferred stock for the quarter that ended in Dec. 2023 was $1,659 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Regions Financial's Enterprise Value for the quarter that ended in Dec. 2023 was $-9,998 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Regions Financial's Book Value per Share for the quarter that ended in Dec. 2023 was $17.10.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Regions Financial's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.39.


Regions Financial Preferred Stock Historical Data

The historical data trend for Regions Financial's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Regions Financial Preferred Stock Chart

Regions Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,310.00 1,656.00 1,659.00 1,659.00 1,659.00

Regions Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,659.00 1,659.00 1,659.00 1,659.00 1,659.00

Regions Financial Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Regions Financial  (NYSE:RF) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Regions Financial's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Regions Financial's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Regions Financial's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Regions Financial Preferred Stock Related Terms

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Regions Financial (Regions Financial) Business Description

Traded in Other Exchanges
Address
1900 Fifth Avenue North, Birmingham, AL, USA, 35203
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.
Executives
C. Matthew Lusco officer: SEVP & CRO P.O. BOX 11007 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Ronald G. Smith officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
William D. Ritter officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
Mark A. Crosswhite director 600 NORTH 18TH STREET, BIRMINGHAM AL 35203
J Thomas Hill director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Noopur Davis director PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles Dandridge Massey officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Karin K Allen officer: Principal Accounting Officer PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles D Mccrary director, other: Non-Executive Chair 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308
Amala Duggirala officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Joia M Johnson director C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Turner David J Jr officer: CFO P O BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Scott M. Peters officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
David R. Keenan officer: EVP P. O. BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
John B Owen officer: Sr Executive Vice President REGIONS FINANCIAL CORPORATION, 1900 5TH AVENUE NORTH, 21ST FLOOR, BIRMINGHAM AL 35203