On Jan. 19, Regions Financial
- 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% |
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% |
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:
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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.