- For 2016, the bank expects average loan growth of 3-5%, and average deposit growth of 2-4%. Net interest income is expected to be 2-4% higher, and adjusted noninterest income 4-6% higher. Adjusted expenses should be flat to up modestly, and with an efficiency ratio of less than 63%.
- Long term targets: EPS growth of 12-15% annually; an efficiency ratio of less than 60%, with $300M in expense cuts over the next three years; ROATCE of 12-14%.
- Webcast and presentation slides
- RF +0.5% on the session.
Regions Financial sets 2016 guidance at investor day
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