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Regions Financial (Regions Financial) Asset Turnover : 0.01 (As of Dec. 2023)


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What is Regions Financial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Regions Financial's Revenue for the three months ended in Dec. 2023 was $1,809.00 Mil. Regions Financial's Total Assets for the quarter that ended in Dec. 2023 was $152,909.00 Mil. Therefore, Regions Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Regions Financial's annualized ROE % for the quarter that ended in Dec. 2023 was 9.33%. It is also linked to ROA % through Du Pont Formula. Regions Financial's annualized ROA % for the quarter that ended in Dec. 2023 was 1.02%.


Regions Financial Asset Turnover Historical Data

The historical data trend for Regions Financial's Asset Turnover 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 Asset Turnover Chart

Regions Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.04 0.05 0.05

Regions Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Regions Financial's Asset Turnover

For the Banks - Regional subindustry, Regions Financial's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Regions Financial's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Regions Financial's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Regions Financial's Asset Turnover falls into.



Regions Financial Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Regions Financial's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=7574/( (155220+152194)/ 2 )
=7574/153707
=0.05

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1809/( (153624+152194)/ 2 )
=1809/152909
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Regions Financial  (NYSE:RFpA.PFD) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Regions Financial's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1564/16764.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1564 / 7236)*(7236 / 152909)*(152909/ 16764.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.61 %*0.0473*9.121
=ROA %*Equity Multiplier
=1.02 %*9.121
=9.33 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Regions Financial's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=1564/152909
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1564 / 7236)*(7236 / 152909)
=Net Margin %*Asset Turnover
=21.61 %*0.0473
=1.02 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Regions Financial Asset Turnover Related Terms

Thank you for viewing the detailed overview of Regions Financial's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


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
D Bryan Jordan officer: EVP & CFO; Mem Lead Coun
Jones Carl E Jr director, officer: Chairman & CEO; Mem Lead Coun
Ronald C Jackson officer: SVP & Comptroller P.O. BOX 10247, BIRMINGHAM AL 35202
Morgan Allen B Jr director, officer: Chmn, CEO Mrgn Keegn; Mem Lead
Robert A Goethe officer: Chmn, CEO, Pres RMI; Mbr Lead PO BOX 669, MONTGOMERY AL 36104
David C Gordon officer: EVP Op Grp; Mem Lead Coun P O BOX 511, MONTGOMERY AL 36101
Fleischauer John I Jr officer: Regional Pres; Mbr Lead Coun
Upchurch Samuel E Jr officer: Reg Pres & Secretary; Mem Lead
William E Askew officer: EVP Retail Bkng; Mbr Lead Coun
Richard D Horsley director, officer: Vice Chmn & COO; Mem Lead Coun
Styslinger Lee J Iii director 2826 BALMORAL ROAD, BIRMINGHAM AL 35223
Malcolm Portera director
Peter D Miller officer: Regional Pres; Mem Lead Coun
Edmond C Stone officer: EVP & CCO; Mem Leadership Team
Harry W Witt director

Regions Financial (Regions Financial) Headlines