Regions Financial Corp. Q3 Earnings Rise

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

The company's bottom line totaled $548 million, or $0.50 per share. This compares with $295 million, or $0.25 per share, in last year's third quarter.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.6% to $1.46 billion from $1.37 billion last year.

Regions Financial Corp. earnings at a glance:

-Earnings (Q3): $548 Mln. vs. $295 Mln. last year. -EPS (Q3): $0.50 vs. $0.25 last year. -Analysts Estimate: $0.36 -Revenue (Q3): $1.46 Bln vs. $1.37 Bln last year.