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 Transcript

Jun 01, 2022 / 01:00PM GMT
Release Date Price: $21.61 (-2.17%)
Matthew Derek O;Connor
Deutsche Bank AG, Research Division - MD in Equity Research

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All right. Good morning, everyone. We're ready to get started here. Next up is Regions Financial. We've got CEO, John Turner; and CFO, David Turner. And this will be a fireside chat format.

Questions & Answers

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

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So let's just jump right into it. In the span of a couple of months, the macro environment, our outlook has changed pretty meaningfully. We had the Goldilocks scenario in January. Now it seems like the market is really playing. We're expecting a recession. What are you seeing among your client base as you think about the corporates, the commercial customers, the consumer?

John M. Turner
Regions Financial Corporation - President, CEO & Director

The customer is still in very good shape. Consumers solid balances, deposit balances are still holding up. We're seeing a little runoff in consumer balances

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