Regions Financial Corp (NYSE:RF)
$ 19.83 0.05 (0.25%) Market Cap: 18.16 Bil Enterprise Value: 12.93 Bil PE Ratio: 10.78 PB Ratio: 1.18 GF Score: 80/100

Regions Financial Corp at Deutsche Bank Global Financial Services Conference (Virtual) Transcript

May 26, 2020 / 03:50PM GMT
Release Date Price: $10.96 (+10.15%)
Matthew D. O;Connor
Deutsche Bank AG, Research Division - MD in Equity Research

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Okay. We're ready to get started with the next company. We've got Regions Financial. And joining us today, several members of senior management. David Turner, CFO, will be joining in a minute or 2 here. We've also got Barb Godin, Head of Credit; Deron Smithy, Treasurer; and other folks from risk management and the business lines.

As we wait for David to jump on here, Deron, good opportunity to both welcome you to the conference and to jump right into some net interest margin questions.

Questions & Answers

Matthew D. O;Connor
Deutsche Bank AG, Research Division - MD in Equity Research

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It is obviously an area of focus for the banks overall. And I think in Regions' case, as is well-known at this point, you essentially anticipated lower rates, put on some hedges, have had more instability and an outlook for such. Maybe you can give us an update on the net interest margin trends and how you're feeling about that from here.

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