RF Exhibits 5.55% Raise For November 10
One of the S&P 500's big winners for Thursday November 10 was Regions Financial Corporation as the company's stock climbed 5.55% to $12.18 on volume of 39.17 million shares.
The stock opened at $11.88 and saw an intraday low of $11.87 and an intraday high of $12.40. All told, the day saw a per-share gain of $0.64. The stock's average daily volume of 18.21 million and 1.23 billion shares outstanding.
Regions Financial Corporation now has a 50-day SMA is $10.17 and 200-day SMA is $9.02, and it has a 52-week high of $11.64 and a 52-week low of $7.00.
Regions Financial Corporation is a US bank and financial services company based in Birmingham, Alabama, with its corporate headquarters at the Regions Center. A member of the S&P 500 Index, the company provides retail and commercial banking, trust, securities brokerage, mortgage and insurance products and services.
Regions is the only member of the Fortune 500 headquartered in Alabama(ranked #479 in 2015), and was ranked by Business Insider as the largest company in the state. Regions is the largest deposit holder in Alabama, with $22.8 billion in local deposits, or 25.7% of all local deposits. As of 2012, Regions had $122 billion in assets. In 2010, Regions had $137 billion in assets, making it at that time the 22nd largest bank in the United States, and the 10th largest U.S. based bank. Its banking subsidiary, Regions Bank, operates some 1,700 branches and 2,400 ATMs across a 16-state network in the South, Midwest, and Texas.
Regions Financial Corp provides traditional commercial, retail and mortgage banking services, & other financial services in the fields of asset management, wealth management, securities brokerage, insurance, trust services, and other specialty financing. Based out of Birmingham, AL, Regions Financial Corporation has 23,916 employees and, after today's trading, reached a market cap of $14.99 billion. Its P/S ratio is n/a, P/B ratio is 0.91, and P/FCF ratio is 10.3.
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