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RF-PFRegions Financial Corporation
$25.24$22.2B
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  4. Financial Ratios

Regions Financial Corporation (RF-PF) Financial Ratios

Latest Ratios: P/E Ratio 11.0x · EV/EBITDA 5.8x · ROE 11.7%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

RF-PF Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$22.2B$22.4B$24.1B————————
Enterprise Value$16.2B$16.3B$19.9B————————
P/E Ratio →11.0211.1013.60————————
P/S Ratio2.312.332.57————————
P/B Ratio1.161.171.34————————
P/FCF10.3410.4016.59————————
P/OCF10.2010.2515.07————————

P/E links to full P/E history page with 30-year chart

RF-PF EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.702.12————————
EV / EBITDA5.785.827.95————————
EV / EBIT5.915.968.44————————
EV / FCF—7.6013.68————————

RF-PF Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin74.6%74.6%70.4%76.7%92.2%105.4%74.4%81.6%87.0%91.5%89.8%
Operating Margin28.5%28.5%25.1%28.5%38.4%48.7%19.8%29.6%30.7%31.4%28.6%
Net Profit Margin22.4%22.4%20.2%22.7%30.0%38.2%16.5%23.6%27.7%21.3%20.0%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE11.7%11.7%10.7%12.4%13.1%13.8%6.4%10.1%11.2%7.7%6.9%
ROA1.4%1.4%1.2%1.3%1.4%1.6%0.8%1.3%1.4%1.0%0.9%
ROIC8.5%8.5%8.0%10.3%11.1%11.4%4.1%5.4%5.4%5.7%5.0%
ROCE9.6%9.6%8.8%10.9%12.1%13.2%5.1%7.0%6.9%6.9%6.1%

RF-PF Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.260.260.360.130.140.130.200.610.930.530.47
Debt / EBITDA1.741.742.600.820.710.672.064.125.803.603.47
Net Debt / Equity—-0.32-0.24-0.26-0.56-1.47-0.790.360.690.290.14
Net Debt / EBITDA-2.15-2.15-1.69-1.57-2.77-7.53-8.292.414.341.971.04
Debt / FCF—-2.80-2.91-2.08-3.18-9.13-6.352.274.762.091.18
Interest Coverage1.321.321.031.659.1019.253.572.333.254.995.32

Net cash position: cash ($10.9B) exceeds total debt ($4.9B)

RF-PF Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.300.300.270.280.300.420.370.270.280.290.30
Quick Ratio0.300.300.270.280.300.420.370.270.280.290.30
Cash Ratio0.080.080.080.050.090.210.150.040.040.040.05
Asset Turnover—0.060.060.060.050.040.050.050.050.050.05
Inventory Turnover———————————
Days Sales Outstanding———————————

RF-PF Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield4.1%4.1%3.7%————————
Payout Ratio42.3%42.3%47.0%37.9%29.5%24.1%54.4%36.5%25.7%27.4%27.3%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield9.1%9.0%7.4%————————
FCF Yield9.7%9.6%6.0%————————
Buyback Yield6.4%6.3%3.5%————————
Total Shareholder Yield10.5%10.4%7.2%————————
Shares Outstanding—$880M$918M$938M$942M$963M$962M$999M$1.1B$1.2B$1.3B

Key Metrics

Growth RegimeStable
ProfitabilityModerate
Balance SheetHealthy
Cash FlowStable
Top Statement Risk

Credit Provisioning and Margin Volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Franchise Stability

With a P/B ratio of 1.16, as reported in recent market data, Regions Financial appears to be priced as a stable regional franchise rather than a high-growth entity, suggesting that investors are prioritizing the bank's consistent Southeastern deposit base over aggressive expansion potential in the current cycle.

The current valuation multiple implies a modest return on tangible equity expectation that aligns with the bank's historical performance. Investors should monitor whether the market continues to apply a discount relative to higher-growth peers, as this may indicate skepticism regarding the bank's ability to expand margins in a plateauing interest rate environment.

DuPont Decomposition Reveals Margin Constraints

Based on the reported figures, the bank's ROE remains constrained by a stagnant NIM of 0.8%, which, according to recent financial statements, highlights the difficulty in balancing competitive deposit pricing against the yield generated from the bank's interest-earning asset portfolio over the last ten quarters.

The decomposition suggests that profitability is currently driven more by asset utilization than by significant expansion in net interest spreads. The reliance on a large physical branch network appears to be a structural drag on the efficiency ratio, which warrants further investigation into the potential for digital migration to improve future operating leverage.

Efficiency Ratio Volatility Hinders Performance

As indicated by the quarterly data, the efficiency ratio has fluctuated between 43.5% and 50.8%, suggesting that management's efforts to control non-interest expenses are frequently challenged by the operational costs inherent in maintaining a widespread physical branch network across the Southeastern United States.

The persistent NIM compression at 0.8% indicates that funding costs remain a significant headwind, likely due to the competitive nature of the regional deposit market. Analysts should monitor whether future efficiency gains can offset these margin pressures, as the current volatility suggests an inconsistent ability to scale operating expenses relative to revenue growth.

Consistent Capital Buffer Supports Resilience

According to the bank's reported financial statements, the equity-to-assets ratio has remained steady at approximately 0.12 over the last ten quarters, demonstrating a disciplined commitment to maintaining a robust capital cushion that supports the bank's regulatory standing and provides a buffer against potential credit volatility.

This consistent capital positioning suggests that management prioritizes balance sheet strength over aggressive capital return, which may be a prudent strategy given the current macroeconomic uncertainty. Investors should monitor whether potential increases in regulatory capital requirements for regional banks necessitate a further strengthening of this buffer, potentially limiting future share repurchases.

Misapplication of P/E in Banking

The P/E ratio is frequently misapplied to Regions Financial, as it fails to account for the significant volatility in provision expenses that can artificially depress or inflate earnings in any given quarter, as evidenced by the shift from zero provisions in 2025Q4 to $91 million in 2026Q1.

Investors should instead focus on P/TBV and normalized ROE, which provide a clearer picture of the bank's underlying franchise value and capital efficiency. Relying on P/E obscures the impact of CECL-driven provisioning, which is a non-cash accounting adjustment rather than a reflection of the bank's core operational profitability.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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RF-PF — Frequently Asked Questions

Quick answers to the most common questions about buying RF-PF stock.

What is Regions Financial Corporation's P/E ratio?

Regions Financial Corporation's current P/E ratio is 11.0x. The historical average is 12.3x.

What is Regions Financial Corporation's EV/EBITDA?

Regions Financial Corporation's current EV/EBITDA is 5.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.9x.

What is Regions Financial Corporation's ROE?

Regions Financial Corporation's return on equity (ROE) is 11.7%. The historical average is 8.6%.

Is RF-PF stock overvalued?

Based on historical data, Regions Financial Corporation is trading at a P/E of 11.0x. Compare with industry peers and growth rates for a complete picture.

What is Regions Financial Corporation's dividend yield?

Regions Financial Corporation's current dividend yield is 4.11% with a payout ratio of 42.3%.

What are Regions Financial Corporation's profit margins?

Regions Financial Corporation has 74.6% gross margin and 28.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does Regions Financial Corporation have?

Regions Financial Corporation's Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.