On Jan. 19, Regions Financial (NYSE:RF) released fourth-quarter and year-end earnings for the period ended Dec. 31, 2006. Here are the quick and dirty details for the quarter.

  • Total reported revenue grew 48.5% to $1.7 billion and includes the integration of AmSouth.
  • Net interest income grew 47.5% because of the merger, while net interest margin also increased slightly to 4.1%.
  • Total reported diluted earnings advanced 1.8% and included merger-related expenses of $0.09, as well as an impairment charge of $0.03.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Total Revenue

$1,679.7

$1,131.4

48.5%

Net Interest Income

$1,104.4

$748.6

47.5%

Net Profit

$361.6

$254.0

42.4%

EPS

$0.56

$0.55

1.8%

Adjusted EPS

$0.65

$0.61

6.6%

*Non-GAAP EPS excluding merger-related charges.

Get back to basics with a look at the income statement.

Ratio Checkup

Q4 2006

Q4 2005

Change*

Net Interest Margin

4.10%

4.01%

0.09%

Nonperforming Assets / Assets

0.26%

0.48%

(0.22%)

Return on Average Assets

1.15%

1.18%

(0.03%)

Return on Average Equity

19.59%

19.34%

0.25%

*Expressed in percentage points.

Find out more about bank ratios.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Investments

$20,901

$13,682

52.8%

Net Loans

$96,803

$59,153

63.6%



Liabilities

Q4 2006

Q4 2005

Change

Deposits

$101,228

$60,378

67.7%

Total Liabilities

$122,668

$74,171

65.4%



Learn about bank assets and bank liabilities.

Related Companies:

  • First Horizon National (NYSE:FHN)
  • Colonial Bancgroup (NYSE:CNB)
  • Whitney Holding (NASDAQ:WTNY)
  • BancorpSouth (NYSE:BXS)
  • Wachovia (NYSE:WB)

Related Foolishness:

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Fool contributor Ryan Fuhrmann has no financial interest in any company mentioned. Feel free to email him with feedback or to discuss any companies mentioned further. The Fool has an ironclad disclosure policy.