Regions Financial publishes Q3 2026 earnings call transcript
RF•Regions Financial reported adjusted third-quarter earnings of $622 million, or $0.73 per share, versus consensus of $0.66. It expects fourth-quarter net interest income growth of 1%-2% and a net interest margin of approximately 3.7%, assuming a December Fed rate hike.
1. Earnings and outlook
At its October 16 third-quarter earnings call, Regions Financial said adjusted earnings were $622 million, or $0.73 per share, compared with consensus of $0.66. Management expects fourth-quarter net interest income growth of 1%-2%, assuming a December Fed rate hike, and net interest margin of approximately 3.7%. Full-year 2026 net charge-offs are expected near the low end of the 40-50-basis-point forecast, after third-quarter annualized charge-offs of 29 basis points. The cloud-based deposit conversion remains scheduled for completion around late second-quarter or early third-quarter 2027, and depository acquisitions remain off the agenda.
