Regions Financial (RF) Service Charges (2009 - 2024)
Regions Financial (RF) posted Service Charges of $143.0 million for Q3 2024, up 16.26% sequentially from $123.0 million in Q2 2024, and up 15.32% YoY from $124.0 million in Q4 2023.
Regions Financial (RF) Service Charges (2009 - 2024) Analysis & Trends
Regions Financial has reported Service Charges for 16 years, with the latest figure at $143.0 million in Q3 2024.
- Quarterly Service Charges rose 15.32% year-over-year to $143.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $556.0 million (up 28.11% YoY) and the FY2023 annual result came in at $490.0 million, up 30.67% from the prior year.
- Service Charges advanced to $143.0 million in Q3 2024 per RF's latest filing, from $123.0 million in the prior quarter.
- Over five years, Service Charges peaked at $204.0 million in Q2 2020 and troughed at $59.0 million in Q3 2021.
- A 5-year average of $116.5 million and a median of $123.0 million in 2024 frame the typical range for Service Charges.
- The sharpest annual moves came in 2021 and 2022: Service Charges sank 59.31% in 2021, then surged 128.81% in 2022.
- Over 5 years, Service Charges stood at $126.0 million in 2020, then plunged by 42.86% to $72.0 million in 2021, then increased by 29.17% to $93.0 million in 2022, then surged by 60.22% to $149.0 million in 2023, then decreased by 4.03% to $143.0 million in 2024.
- According to Business Quant data, Service Charges over the past three periods registered $143.0 million, $123.0 million, and $141.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Regions Financial | 25.85 Bn | 25.85 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 143.00 Mn |
| Jun 30, 2024 | 123.00 Mn |
| Mar 31, 2024 | 141.00 Mn |
| Dec 31, 2023 | 149.00 Mn |
| Sep 30, 2023 | 124.00 Mn |
| Jun 30, 2023 | 112.00 Mn |
| Mar 31, 2023 | 105.00 Mn |
| Dec 31, 2022 | 93.00 Mn |
| Sep 30, 2022 | 135.00 Mn |
| Jun 30, 2022 | 70.00 Mn |
| Mar 31, 2022 | 77.00 Mn |
| Dec 31, 2021 | 72.00 Mn |
| Sep 30, 2021 | 59.00 Mn |
| Jun 30, 2021 | 83.00 Mn |
| Mar 31, 2021 | 114.00 Mn |
| Dec 31, 2020 | 126.00 Mn |
| Sep 30, 2020 | 139.00 Mn |
| Jun 30, 2020 | 204.00 Mn |
| Mar 31, 2020 | 144.00 Mn |
| Dec 31, 2019 | 114.00 Mn |