More on Regions Financial (RF): Net interest income +1.3% sequentially as net interest margin...

|About: Regions Financial Corpor... (RF)|By:, SA News Editor

More on Regions Financial (RF): Net interest income +1.3% sequentially as net interest margin widened 7 bps to 3.16%. Average loans +4%, consumer loans -1%. Non-performing loans -11%, net charge-offs -20%. Allowance for loan losses -29 bps to 3.01%, but coverage ratio of NPLs increases 2 bps to 1.20X. Shares +3.3% premarket. (PR)