Regions Financial Corp. (RF)

12.31
0.61 5.21
NYSE : Finance
Prev Close 11.70
Open 12.10
Day Low/High 12.00 / 12.49
52 Wk Low/High 6.94 / 17.54
Volume 11.36M
Avg Volume 14.71M
Exchange NYSE
Shares Outstanding 957.00M
Market Cap 10.99B
EPS 1.50
P/E Ratio 9.04
Div & Yield 0.62 (5.35%)

I'm Bullish on Banks

Bond yields are spiking higher today and the iShares 20+ Year Treasury Bond ETF (TLT) is down $2, and financials are conspicuous to the upside. Here's my current take on the sector: Banks. I'm long on Citigroup (C), Bank of America (BAC), JPMorgan C...

That Damn Flat Yield Curve!

The yield curve has collapsed to its flattest level since November 2007. Were it not for this damn flattening yield curve, I think bank stocks would have rallied by 20% to 25% off of their recent lows instead of the 10% or so that we've seen. From m...

My Outlook for the Market's Major Sectors (Part 1)

"Yellen is wrong -- and she has a lot of company. It is an amazing reality that, among economists, the faith in the possibility of endless expansions has survived the 2008-2009 financial crisis and the Great Recession. What history teaches is disqui...

Focusing Longs on 3 Sectors

While my short book consists of bottoms-up individual equities ideas, my long exposure is concentrated into three market sectors -- banks, retail and biotech. Banks continue the strong rally that began on Friday morning. I believe there is more to c...

Today's Trades

Here's a rundown of my trades so far today: Among individual stocks, I added to my longs of Bank of America (BAC), BB&T Corp. (BBT), the Blackstone/GSO Strategic Credit closed-end fund (BGB), Citigroup (C), Oaktree Capital (OAK), Regions Financial (...

Today's Takeaways and Observations

My thoughts as we approach the closing bell: The day started much weaker, testing some key support levels -- and back to my buy levels. I moved from market-neutral at day's end on Monday to above small net long in exposure today. For the first time ...

Today's Takeaways and Observations

At 2:15 p.m. things appeared quite panicky. Just look at iShares 20+ Year Treasury Bond (TLT), which was up $2.75 with the yield on the 10- and 30-year bonds down by another 12 basis points; the drop in crude oil, which was down $1 to under $30 a ba...

Adding Back Some Regional Banks

I profitably traded out of most of my regional-bank longs late last year and took them off of my "Best Long Ideas" list, based on their prices at the time. But the stocks have gotten hit badly since then, so I'm again buying BB&T Corp. (BBT), Region...

Regions Financial upgraded at Piper

What the Jobs Report Means for Banks

The positive jobs data reminds me of WWE superstar Dwayne 'The Rock' Johnson: 'Can you smell a rate-hike cooking?'

Several Institutional Desks Selling Banks

I am seeing some large sellers in the bank stocks today on several institutional desks; the issues include Regions Financial (RF), FirstMerit (FMER), JPMorgan Chase (JPM) and Bank of America (BAC).

The Latest Region-al News

Regions Financial (RF) is giving some long-term targets this morning as part of the company's investors' day. None of it is very exciting, and as a reminder, I recently sold my RF stake.

Fed Rate Hike Does Not Spell Doom for Bonds Says Hennessy Manager

Fed Rate Hike Does Not Spell Doom for Bonds Says Hennessy Manager

The Federal Reserve is sounding increasingly hawkish heading into its final gathering of the year in December.

Today's Takeaways and Observations

My thoughts on the day to this point: To the moon, Alice. China treads where the European Central Bank and the Fed already have in its rate cut this morning. Bulls emboldened and shorts on suicide watch. (Hat tip to Art Cashin) Panic short covering ...

Sold Regions Financial

I updated my take earlier this week on Regions Financial (RF), cautioning about the rise in operating expenses and nonperforming assets. I also noted that my 12-month price target for the stock was $10 a share. Well, RF has steadily rallied this wee...

Aiming to Reduce 4 Small-Bank Stocks

I'm offering to partly sell (at slightly above the market price) four regional-bank stocks that aren't on my Best Ideas list now -- BB&T (BBT), Enterprise Financial Services (EFSC), MB Financial (MBFI) and Regions Financial (RF). I updated my views ...

BB&T, Regions Financial and BankUnited Are Best Banks to Buy

BB&T, Regions Financial and BankUnited Are Best Banks to Buy

BB&T’s (BBT) stock may be trailing the overall banking sector this year, but the North-Carolina-based lender continues to grow by leaps, bounds and acquisitions.

Regions Financial's Mixed Results

Regions Financial (RF) today reported a penny-per-share beat for the third quarter vs. expectations, with EPS coming in at $0.21 vs. analysts' $0.20 consensus estimate. The good news is that after adjusting for reserve strengthening, the bank demons...

Today's Game Plan

I will be mostly updating my thoughts about specific companies today -- Berkshire Hathaway (BRK.A, BRK.B), IBM (IBM), Fifth Third Bancorp (FITB), BB&T Corp. (BBT), Regions Financial (RF), Harley-Davidson (HOG) and a few others.

One More Time ... With Feeling

Again, for emphasis, given the large price gains (top market sector in last three months) and a flattening of the yield curve, be patient about adding to bank stocks. I have previously written about my buy entry points for the group on a market drop...

Why I Wouldn't Chase Banks Now

In response to a number of emails, I would not chase bank stocks now nor would I sell the stocks -- unless the timeframe is quite short term. Let the sector back down on profit taking after the huge move. It's a long game.

Banking on Banks

Citigroup (C) is a standout again today in the money-center-bank universe, and Regions Financial (RF) and Fifth Third Bancorp (FITB) are standouts in the regional-bank segment. Click here to read my most recent thoughts on the sector, where I look a...

Goldman Sachs Outlines Four Banks to Buy Before Quarterly Results

Goldman Sachs Outlines Four Banks to Buy Before Quarterly Results

Goldman Sachs (GS) has identified three banks it says are Buys ahead of quarterly earnings next week and a fourth it's above consensus on, according to a recent note.

Goldman Sachs Recommends These Banks to Buy if Interest Rates Rise

Goldman Sachs Recommends These Banks to Buy if Interest Rates Rise

Where should investors put their funds to benefit from an expected rise in interest rates?

Waiting for a Correction in Bank Stocks

I have received numerous emails asking me about bank stocks. I own a dozen different banks, and five or six are on my Best Ideas List. However, in light of the strong absolute and rapid relative rise since March 2015, coupled with my expectation of ...

Is the Yield Curve Steepening Over?

If so, the run in bank stocks may be in jeopardy. The chart between the five-year U.S. note and 30-year U.S. bond steadily has increased over the last few months to 1.48%. A Fed rate hike, as suggested by myself in the past and by Peter Boockvar thi...

Trade of the Week: Shorting MetLife

I am going against the grain on this one and shorting MET at $57.40.  * MetLife, like many financials -- especially of the money center bank kind -- that are asset-sensitive have done famously over the past few months in the market. Specifically, ov...

Banking on Regional Banks

My package of regional bank stocks are broadly higher today, likely in response to the rise in interest rates over the last 48 hours. Money centers are also doing well. I am standing pat with my long list of 13 holdings in the expectation of a two- ...

Today's Trades

I shorted small in SPY and QQQ. I added to longs of Ford (F), General Motors (GM), Radian (RDN) and a few closed-end municipal bond funds.