Regions Financial Corp (NYSE:RF)
CAPS Rating:
The financial holding company for Regions Bank, Regions Financial offers banking, brokerage, investment, and other financial services.
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The financial holding company for Regions Bank, Regions Financial offers banking, brokerage, investment, and other financial services.
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Book value exceeds current price. I am not crazy about the company or the stock. It can go lower but I am willing to say it will outperform provided they are able to sell their investment banking division and Morgan Keegan although there are no buyers currently. If they are able to pay off the TARP loan it will more than double. If they don't Regions could be in deep, deep trouble.