Regions Financial Corp. Q1 Earnings Climb 11%

(RTTNews) - Regions Financial Corp. (RF) released a profit for its first quarter that climbed from last year.

The company said its bottom line climbed to $285 million, or $0.23 per share. This was up from $257 million, or $0.20 per share, in last year's first quarter.

Analysts had expected the company to earn $0.23 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $1.39 billion

Regions Financial Corp. earnings at a glance:

-Earnings (Q1): $285 Mln. vs. $257 Mln. last year. -Earnings Growth (Y-o-Y): 10.9% -EPS (Q1): $0.23 vs. $0.20 last year. -EPS Growth (Y-o-Y): 15.0% -Analysts Estimate: $0.23 -Revenue (Q1): $1.39 Bln vs. $1.39 Bln last year. -Revenue Change (Y-o-Y): 0%