The RF had already received a recommendation of hold. The average target price for a year is now $11.44
The British Columbian Investment management corp had alreay increased its stake in investin in Regions Financial Corp.
Regions, Travelers and Popular will now be trading their ex dividend for their respective dividends. They will all pay their quarterly dividend.
Traders had already sold shares of Regions Financial Corp.
Regions had donated $11K for the injured Military in honor of the Veterans Day.
In a deal on October 20, 2016, Thursday, Regions Financial Corporation’s (NYSE:RF) EVP Brett D. Couch sold 32,342 shares of the company’s stock which was sold at a regular price of $10.63, making a total transaction of $343,795.46.
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
Regions Financial Corp's earnings for the second quarter showed a 9% fall as its costs increase.