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Friday 6 November 2026 Export RF’s income statement to Excel — free account

Regions Financial Corporation

RF Financial Banks Regional

Regions Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $9.6 billion, up 2.51% from fiscal 2024.

Revenue
+0.16%
EPS
+16.1%
Free cash flow
−39.6%
Total debt
+25.0%

Quarter to September 2026, against a year earlier

28.44 0.59 −2.03%
Market cap
$24.2B
P/E
11.0×
Fwd P/E
10.7×
Dividend yield
3.85%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

Regions Financial Corporation (RF) valuation and DCF model

What the price implies · reverse DCF

At $28.44 the price implies 28.0% a year of dividend growth, at a 9.0% cost of equity.

The dividend a share grew 16.1% a year over the last ten years, 10.5% over the last five. The price asks for about twice its ten-year rate. Return on equity averaged 10.7% over ten years; the price implies 11.3% for good.

In December 2017 the price assumed 17.7% a year; Regions Financial Corporation went on to grow the dividend a share −0.7% a year to FY2025.

Price implies
28.0%
Last 5 years, reported
10.5%
Last 10 years, reported
16.1%

The headline discounts the last twelve months’ the dividend a share at 9.0% for ten years and grows it 2.5% a year after that, the same for every company, so the figure compares across the market (how a reverse DCF works).

The other way round · DCF
The price needs
28.0% a year for ten years
$28.44
today’s price
Its base case
16.1% a year for five years, then 9.7%
$9.58
66.3% below today’s price

Both are growth in the dividend a share, discounted at 9.0%, with 2.5% a year after year ten.

Base case on its own ten-year record Regions Financial Corporation’s own growth, carried forward

Its assumptions

Powerpack lets you start from a scenario and type over any of them.

The base case’s inputs, which Powerpack lets you change
1 · Dividends
the four quarters to September 2026, from the 10-Q and 10-K filings

Yearly growth in the dividend. It usually slows as the company matures.

Today’s price implies the dividend a share growing 28.0% a year for ten years.

2 · Rates

Cost of equity is the yearly return shareholders require, typically 8–11%. Terminal growth is growth forever after year 10, usually near long-run inflation, 2–3%.

3 · Per share

The model is a share’s own: no debt to take off and no shares to divide among.

Advanced inputs

Against Regions Financial Corporation’s own cost of capital: risk-free 4.3% + beta 1.02 × equity premium 4.5% = 8.9% cost of equity; weighted, 8.9%.

Use 8.9%
Base case value per share $9.58 ten years discounted, and what follows
Current price $28.44 market price per share
Below today’s price 66.3% downside at the base case’s assumptions

How we got there$3.53 10 years of dividends+$6.04 terminal value=$9.58 per share

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Banks Regional).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E 11.02× 10.69× 11.48× 4% below 12.02× 8% below
P/FCF 14.77× 12.08× 9.90× 49% above 10.60× 39% above
P/B 1.46× 1.34× 1.24× 18% above 1.23× 18% above
EV/Sales — 1.35× 2.36× — 3.90× —
P/E P/FCF P/B EV/Sales
0.95×1.12×1.28×1.45×10Y avg 1.24×2017201820192020202120222023202420252026

RF trades at 1.46× P/B, against a 10-year average of 1.24× (range 0.94×–1.46×). That is dearer than 100% of the last 9 year-end readings; re-rating to the average implies $24.16 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.