Announcement • Mar 10
Regions Financial Corporation, Annual General Meeting, May 06, 2026 Regions Financial Corporation, Annual General Meeting, May 06, 2026. Announcement • Mar 03
Regions Financial Corporation Announces Executive Changes Regions Financial Corporation announced Dana Nolan, head of Investor Relations, has decided to retire in April following a distinguished 37-year career with the company. Nolan has led Investor Relations for Regions since 2016. She previously served as associate director of Investor Relations beginning in 2010 following leadership roles in the company’s Treasury division. Her Investor Relations experience spans a period marked by significant change in the banking industry. Tom Speir, a veteran of Regions Bank, will succeed Dana Nolan as the head of Investor Relations. Speir brings more than two decades of financial experience to the position. He currently leads the company’s Strategy and Corporate Development group, responsibilities he will retain in his new role. After joining Regions in 2009, he served in various leadership roles in Corporate Treasury, including Assistant Treasurer and head of Balance Sheet Management. He was appointed to lead the Strategy and Corporate Development team in 2022. Prior to joining Regions, he served in Wachovia Bank’s Treasury organization as Securitized Products Portfolio Manager. Speir holds a bachelor’s degree in Business Management with a Finance concentration from North Carolina State University. As head of Investor Relations, Speir will oversee all institutional, retail, and fixed-income Investor Relations activities, including investor strategy and outreach, competitive and strategic analysis, and credit rating agency relationship management. Additionally, as part of Chadha’s transition to Chief Financial Officer, Regions announced that Karin Allen has been promoted as Chief Accounting Officer and James Eastman has been named Controller. Allen and Eastman, along with Speir, will report to Chadha. Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: US$2.31 (vs US$1.94 in FY 2024) Full year 2025 results: EPS: US$2.31 (up from US$1.94 in FY 2024). Revenue: US$7.06b (up 7.0% from FY 2024). Net income: US$2.06b (up 16% from FY 2024). Profit margin: 29% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.61% (up from 3.54% in FY 2024). Non-performing loans: 0.73% (down from 0.96% in FY 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 23
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 02 March 2026. Payment date: 01 April 2026. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.5%). Declared Dividend • Feb 09
Fourth quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 2nd March 2026 Payment date: 1st April 2026 Dividend yield will be 3.8%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (45% payout ratio) and is expected to be well covered in 3 years' time (39% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jan 27
Insider recently sold €882k worth of stock On the 22nd of January, William Ritter sold around 36k shares on-market at roughly €24.49 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Reported Earnings • Jan 20
Full year 2025 earnings released: EPS: US$2.31 (vs US$1.94 in FY 2024) Full year 2025 results: EPS: US$2.31 (up from US$1.94 in FY 2024). Revenue: US$7.06b (up 7.0% from FY 2024). Net income: US$2.06b (up 16% from FY 2024). Profit margin: 29% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.61% (up from 3.54% in FY 2024). Non-performing loans: 0.73% (down from 0.96% in FY 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Jan 17
Full year 2025 earnings released: EPS: US$2.31 (vs US$1.94 in FY 2024) Full year 2025 results: EPS: US$2.31 (up from US$1.94 in FY 2024). Revenue: US$7.06b (up 7.0% from FY 2024). Net income: US$2.06b (up 16% from FY 2024). Profit margin: 29% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Jan 16
Regions Financial Corporation Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2025 Regions Financial Corporation reported net charge offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported Net charge-offs were $142 million or an annualized 59 basis points of average loans, representing a 4 basis point increase compared to the third quarter. Announcement • Dec 11
Regions Financial Corporation (NYSE:RF) announces an Equity Buyback for $3,000 million worth of its shares. Regions Financial Corporation (NYSE:RF) announces a share repurchase program. Under the program, the company will repurchase up to $3,000 million worth of its shares. The repurchase program will expire on December 31, 2027. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$0.62 (vs US$0.49 in 3Q 2024) Third quarter 2025 results: EPS: US$0.62 (up from US$0.49 in 3Q 2024). Revenue: US$1.81b (up 8.0% from 3Q 2024). Net income: US$548.0m (up 23% from 3Q 2024). Profit margin: 30% (up from 27% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Declared Dividend • Nov 03
Third quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 1st December 2025 Payment date: 2nd January 2026 Dividend yield will be 4.9%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (45% payout ratio) and is expected to be covered in 3 years' time (64% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 20
Third quarter 2025 earnings released: EPS: US$0.62 (vs US$0.49 in 3Q 2024) Third quarter 2025 results: EPS: US$0.62 (up from US$0.49 in 3Q 2024). Revenue: US$1.81b (up 8.0% from 3Q 2024). Net income: US$548.0m (up 23% from 3Q 2024). Profit margin: 30% (up from 27% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Declared Dividend • Oct 20
Third quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 1st December 2025 Payment date: 2nd January 2026 Dividend yield will be 5.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (45% payout ratio) and is expected to be covered in 3 years' time (64% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 17
Regions Financial Corporation Reports Net Loan Charge-Off for the Third Quarter Ended September 30, 2025 Regions Financial Corporation reported Net loan charge-off for the third quarter ended September 30, 2025. For the quarter, the company reported Net loans charged-off of $135 million against $117 million a year ago. Announcement • Oct 16
Regions Financial Corp. Declares Quarterly Common Stock Dividend, Payable on January 2, 2026 The Regions Financial Corp. Board of Directors declared the cash dividend of $0.265 on each share of outstanding common stock of the Company, payable on January 2, 2026, to stockholders of record at the close of business on December 1, 2025. Announcement • Jul 18
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on October 1, 2024 The Regions Financial Corporation Board of Directors declared cash dividend of $0.25 on each share of outstanding common stock of the Company, payable on October 1, 2024, to stockholders of record at the close of business on September 3, 2024. The dividend of $0.25 represents a $0.01 increase over the most recent quarterly common dividend. Announcement • Jun 15
Regions Bank Launches CashFlowIQ Regions Bank and BILL announced the launch of Regions CashFlowIQSM, a digital solution designed to simplify payments and streamline cash-management processes for Regions’ commercial clients. Regions CashFlowIQ, powered by BILL,provides advanced accounts payable and accounts receivable capabilities to help businesses securely pay bills, invoice customers, and receive payments faster. Regions CashFlowIQ will leverage BILL’s flexible payment offerings to provide more choices and capabilities for domestic and international payments. Here’s how it works: Enhanced Efficiency and Visibility: Businesses can initiate bill payments, create and send customized invoices, track payment information, streamline workflow approvals needed to approve payments, and automate payments all within the Regions OnePass® portal. Automatic Sync and Payments Reconciliation: This feature helps clients reconcile their financial books by automatically syncing with accounting software. The platform integrates with many accounting software options currently available. Payments Flexibility: Clients can leverage multiple payment options from BILL, such as credit or debit card, virtual card, ACH, check, and international wires to complete transactions. This gives clients greater flexibility to make secure domestic or international payments. Leveraging cashflow management solutions continues to be top of mind for clients who are looking for a streamlined and efficient financial management resource. Regions Bank continues to invest in innovative technology resources that provide a digital accounts management benefit to its clients. Announcement • Apr 18
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on July 1, 2024 The Regions Financial Corporation Board of Directors declared cash dividend of $0.24 on each share of outstanding common stock of the Company, payable on July 1, 2024, to stockholders of record at the close of business on June 3, 2024. Announcement • Apr 02
Regions Financial Appoints John Jordan as Head of Retail Regions Financial Corp. announced John Jordan has joined its Consumer Banking Group as head of Retail. He will lead an organization of more than 7,500 Regions Bank associates, including frontline branch teams, regional branch-banking leaders and support functions. The Retail Banking team is part of Regions’ broader Consumer Banking organization serving 4.5 million consumer households and small-business customers through branches in 16 states and beyond. Services are delivered in Regions’ primary markets through branch, digital and phone channels, as well as mortgage loan officers. Services also extend outside Regions’ primary banking footprint through point-of-sale home improvement loans offered by the contractor network of EnerBank, Regions’ home improvement finance division. Jordan joins Regions from Bank of America, where he spent more than 20 years in retail banking and wealth management as well as client experience, strategy, national sales and service operations, products, programs, and analytics. Highlights of his tenure include the launch of the Bank of America Preferred Rewards® program. In his most recent position, Jordan led The Academy – a team of coaches and learning professionals providing onboarding and education to more than 150,000 Bank of America employees each year. As head of Retail for Regions Bank, Jordan reports directly to Danella. His responsibilities include oversight of the Consumer Bank’s retail branches, management and support teams, as well as the organizations directing retail sales and fair lending. His appointment is effective April 1, 2024. Jordan graduated from Auburn University with a Bachelor of Science in Industrial and Systems Engineering and earned his Master of Business Administration from the University of Virginia’s Darden Graduate School of Business Administration. He is a founding board member of the nonprofit Next Step Clubhouse in Charlotte, which provides social and recreational activities for people with special needs. Along with his family, Jordan actively supports The Exceptional Foundation in Birmingham – a nonprofit with the same mission that currently provides year-round social and recreational activities to more than 700 people ranging from ages 5 to 81. At Bank of America, he was co-sponsor of its Disability Action Network employee group. Announcement • Mar 28
Regions Bank Announces Executive Changes Regions Bank announced a promotion at the firm. Financial services leader Katie Such has been promoted to head of Regions Affordable Housing. Such takes over from Rob Chiles, who is retiring after 35 years in the financial services industry. Announcement • Feb 16
Regions Financial Corporation and Regions Bank Appoints Bill Rhodes to the Boards of Directors and Member of Audit Committee and the Compensation and Human Resources Committee, Effective March 1, 2024 Regions Financial Corp. announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on the Regions boards will begin March 1, 2024. An experienced corporate executive, Rhodes, 58, in January concluded a successful 18-year tenure as President and CEO of AutoZone, where he continues to serve as Executive Chairman. Rhodes has been with AutoZone for 29 years overall. Over the course of Rhodes’ tenure as President and CEO, AutoZone roughly doubled its number of auto parts stores, grew its workforce to approximately 120,000 people, increased revenues by more than three times and consistently enhanced its online presence and services. Prior to being named as AutoZone’s CEO, Rhodes served in a variety of executive roles for the Memphis-based company, including leading store operations as well as overseeing the supply chain, information technology and finance departments. Rhodes began his career with Ernst & Young. Rhodes is a graduate of the University of Tennessee at Martin with a Bachelor of Science in Business Administration and Accounting. He earned a Master of Business Administration from the University of Memphis. Having lived in Memphis for over 50 years, Rhodes is active in the community and serves on several industry and nonprofit boards. He is the current chair of the Coalition for Auto Repair Equality and serves on boards of the Retail Industry Leaders Association, Youth Programs Inc., the National Civil Rights Museum, and the University of Tennessee Board of Trustees, and is a member of the J.R. Hyde III Family Foundation Board of Trustees. With the addition of Rhodes, the Regions Boards will consist of 15 members. Upon joining the Regions Boards, Rhodes will serve on the Audit Committee and the Compensation and Human Resources Committee. Announcement • Feb 15
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on April 1, 2024 The Board of Directors of Regions Financial Corporation declared a quarterly cash dividend of $0.24 per share on each share of outstanding common stock of the company, payable on April 1, 2024, to stockholders of record at the close of business on March 1, 2024. Announcement • Jan 17
Regions Bank Launches Disaster-Recovery Financial Services Following Recent Tornadoes Regions Bank announced a series of disaster-recovery financial services designed to help people and businesses impacted by the Jan. 9 tornadoes in Northwest Florida and parts of Alabama, Georgia and South Carolina. Special options available for a limited time in affected communities1 include: Regions Mortgage Disaster Relief Purchase and Renovation loan programs, Regions will waive ATM surcharges for non-Regions customers using Regions ATMs in the impacted areas1 for seven days beginning Jan. 17, 2024., Non-Regions ATM fees will be waived when Regions customers use other banks’ ATMs in the impacted areas for seven days beginning Jan. 17, 2024. (Note: Fees charged by other banks or ATM owners may still apply.), No check-cashing fees will be charged for FEMA-issued checks when cashed in a Regions branch.2, Personal and business loan payment assistance is available.3, Payment deferrals are available for current credit card holders.3, Business loan payment deferrals of up to 90 days are available, expiring April 16, 2024.3, One penalty-free CD withdrawal is available upon request (unless within seven days of issuance or renewal) for up to 90 days, expiring April 16, 2024., An interest rate discount of up to 0.50% on new personal unsecured loans when customers in impacted areas apply in a branch or by phone4. The offer is available for up to 90 days, expiring April 16, 2024., An interest rate discount of up to 0.50% on non-business auto loans when customers in impacted areas apply in-branch or by phone4. The offer is available for up to 90 days, expiring April 16, 2024. Upcoming Dividend • Nov 30
Upcoming dividend of US$0.24 per share at 5.8% yield Eligible shareholders must have bought the stock before 07 December 2023. Payment date: 02 January 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (6.4%). Announcement • Nov 17
Regions Bank Appoints Dave Lyder as A Head for Its Ascentium Capital Division Regions Bank has appointed Dave Lyder as a head for its Ascentium Capital division. Ascentium Capital provides streamlined financing support for specialised business equipment, technology, commercial vehicles and other small-business needs. Lyder takes over from Tom Depping, who recently retired from the firm after being with it for 40 years. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Announcement • Oct 27
Regions Financial Corp. Announces Executive Changes, Effective Jan. 1, 2024 Regions Financial Corp. announced that Ward Cheatham will retire as head of Corporate Specialized Banking and a member of the company’s Executive Leadership Team at the end of 2023. The company’s current head of Capital Markets, Joel Stephens, has been named to succeed Cheatham, and the bank’s current head of Corporate and Institutional Markets, Rit Amin, will succeed Stephens. Cheatham joined Regions in 1996 as a Commercial Real Estate executive. Throughout his time at Regions, he served in a variety of leadership roles across the Corporate Banking Group, including division executive for Commercial and Industrial Lending, Capital Markets, Leasing, Healthcare and Asset-Based Lending. In addition, he served as head of Commercial Middle Market and Treasury Management Sales. Stephens joined Regions in 2008 to lead the Real Estate Capital Markets Group. He was named head of Capital Markets in 2019. During his 15 years at Regions, Stephens has been instrumental in expanding Regions’ services and solutions for Capital Markets clients. Examples include growing specialized banking teams managing HUD lending for multifamily and senior housing developments, building greater agency lending solutions through Fannie Mae and Freddie Mac, delivering Low-Income Housing Tax Credit program services, and guiding Commercial Real Estate loan syndication efforts. Additionally, Stephens helped lead the integration of Sabal Capital Partners into Regions Real Estate Capital Markets, an acquisition expanding Regions’ work in small-balance Commercial Real Estate lending through SNAP®, a technology-enabled platform that automates and drives efficiencies across the life-of-loan process, from loan origination through servicing. Amin is a veteran banker of nearly 30 years who joined Regions in 2013 as head of Corporate and Institutional Markets. During his decade-long tenure in this role, Amin has led teams providing clients with advisory and capital-raising expertise across a variety of industries and capital markets including loan, fixed income and equity markets. Amin’s experience and insights have also been key to the successful integration of acquired affiliates BlackArch Partners in 2015 and Clearsight Advisors in 2021. BlackArch Partners and Clearsight Advisors are advisory firms for mergers and acquisitions that operate across multiple industry sectors serving entrepreneurs and private equity clients. Under Amin’s direction, Regions also expanded its mergers-and-acquisitions corporate finance and advisory capabilities for middle market and corporate clients. Cheatham, Stephens and Amin will work collaboratively through the remainder of 2023 on the transition process for these key leadership roles. The leadership changes are effective Jan. 1, 2024. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €13.05, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Banks industry in Europe. Total loss to shareholders of 38% over the past year. Reported Earnings • Oct 21
Third quarter 2023 earnings released: EPS: US$0.49 (vs US$0.43 in 3Q 2022) Third quarter 2023 results: EPS: US$0.49 (up from US$0.43 in 3Q 2022). Revenue: US$1.71b (down 1.2% from 3Q 2022). Net income: US$465.0m (up 15% from 3Q 2022). Profit margin: 27% (up from 23% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Announcement • Oct 19
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on January 2, 2024 The Regions Financial Corporation's Board of Directors declared cash dividend of $0.24 on each share of outstanding common stock of the Company, payable on January 2, 2024, to stockholders of record at the close of business on December 8, 2023. Announcement • Sep 22
Regions Financial Corp. Announces Executive Changes Regions Financial Corp. announced Chief Risk Officer Matt Lusco will retire at the end of 2023 following a nearly 45-year career in risk, finance, auditing, and accounting roles. Russell Zusi has been named to succeed Lusco effective January 2, 2024. Zusi joins Regions from Bank of America, where he has spent nearly 20 years in Risk Management and Finance roles, leading to his most recent position as co-head of Global Compliance and Operational Risk and Global Technology and Operations Chief Risk Officer. In this role, Zusi was responsible for overseeing the company’s strategy, governance, and execution of the Compliance and Operational Risk program. He prioritized comprehensive risk-management coverage and a culture of effectively managing risks, including ensuring a prudent control environment while supporting the company’s growth strategy. He also maintained strong relationships with key regulators and supervisory institutions worldwide, the bank’s senior leadership team, governance committees and the board of directors. Zusi will serve on the company’s Executive Leadership Team. His responsibilities will include overseeing Regions’ company-wide risk-management functions, including Financial Risk, Non-Financial Risk, Compliance and Regulatory Risk, Enterprise Risk, Risk Initiative Management and Integration, and Business Unit Risk Groups for the Corporate Banking Group, Consumer Banking Group, and Wealth Management. Zusi graduated from Cornell University with a Bachelor of Science in Operations Research and Industrial Engineering and a Master of Business Administration. He serves as a board member and head of the finance committee for LIFESPAN, a nonprofit supporting people with disabilities. Announcement • Sep 14
Regions Financial Corporation Announces Executive Changes Regions Bankon Wednesday announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton recently joined the bank as Business Unit Chief Risk Officer for Regions’ Consumer Bankingand Wealth Management divisions. As Chief Compliance Officer, Brackin will lead an experienced team of risk management professionals who support the entire bank and its customer base. Areas of focus include building on Regions’ foundation of thorough compliance programs, consistently ensuring a prudent regulatory risk framework, and helping protect Regions and its customers from financial loss or harm. Brackin assumes the role following the recent retirement of Doug Jackson after a 34-year career at Regions. Brackin will report to Regions Chief Risk Officer Matt Lusco. Brackin joined Regions in 2020 as head of Corporate Banking Strategy and Administration. Over the last three years, Brackin more closely aligned essential functions within the Corporate Banking group, such as risk controls and compliance, program and process management, analytics and reporting, and more. Additionally, she promoted the development of new frameworks to further empower teams while ensuring a consistent approach in decisioning and project execution. Her new, company-wide leadership role enables Brackin to leverage her deep experience in the compliance arena to further evolve processes and procedures across the bank in support of Regions’ compliance and risk-management functions. Before joining Regions, Brackin held leadership roles in the Risk Management, Operations, and Wholesale Banking division at SunTrust Bank for 12 years. Responsibilities ranged from execution to oversight for enterprise-wide risk functions such as BSA/AML/OFAC programs, Information Security Risk Management programs, and Fraud Strategy and Operations. Walton comes to Regions from Union Bank, where he served as Chief Credit Officer and Executive Risk Officer. His 34-year banking career also includes risk management roles at SunTrust, InfiLink and Bank of America. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.24 per share at 5.1% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 02 October 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.1%). Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: US$0.62 (vs US$0.60 in 2Q 2022) Second quarter 2023 results: EPS: US$0.62 (up from US$0.60 in 2Q 2022). Revenue: US$1.84b (up 8.9% from 2Q 2022). Net income: US$581.0m (up 4.1% from 2Q 2022). Profit margin: 32% (down from 33% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Announcement • Jun 16
Regions Bank Announces Head of Its Homebuilder Finance Changes Regions Bank announced the hire of Fred Behnke to serve as head of its Homebuilder Finance. He previously served as regional manager for Region Bank's eastern region. He is to take over from Danny Hill, who has retired. Upcoming Dividend • May 26
Upcoming dividend of US$0.20 per share at 4.6% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.3%). Recent Insider Transactions • May 22
Insider recently bought €185k worth of stock On the 17th of May, James Hill bought around 12k shares on-market at roughly €15.50 per share. This transaction increased James Hill's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.2m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €14.32, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Banks industry in Europe. Total loss to shareholders of 23% over the past year. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: US$0.63 (vs US$0.56 in 1Q 2022) First quarter 2023 results: EPS: US$0.63 (up from US$0.56 in 1Q 2022). Revenue: US$1.82b (up 11% from 1Q 2022). Net income: US$588.0m (up 12% from 1Q 2022). Profit margin: 32% (in line with 1Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Banks industry in Europe. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €17.60, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 12% over the past year. Upcoming Dividend • Mar 02
Upcoming dividend of US$0.20 per share at 3.4% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.3%). Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$2.30 (vs US$2.51 in FY 2021) Full year 2022 results: EPS: US$2.30 (down from US$2.51 in FY 2021). Revenue: US$6.94b (flat on FY 2021). Net income: US$2.15b (down 11% from FY 2021). Profit margin: 31% (down from 35% in FY 2021). Net interest margin (NIM): 3.36% (up from 2.85% in FY 2021). Non-performing loans: 0.52% (down from 0.53% in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in Europe. Announcement • Feb 16
Regions Financial Corporation Declares Cash Dividend, Payable on April 3, 2023 The board of directors of Regions Financial Corporation declared a cash dividend of $0.20 on each share of outstanding common stock of the Company, payable on April 3, 2023, to stockholders of record at the close of business on March 10, 2023. Recent Insider Transactions • Jan 29
Senior EVP & Chief Risk Officer recently sold €2.1m worth of stock On the 25th of January, C. Lusco sold around 100k shares on-market at roughly €20.96 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jan 23
Full year 2022 earnings released: EPS: US$2.30 (vs US$2.51 in FY 2021) Full year 2022 results: EPS: US$2.30 (down from US$2.51 in FY 2021). Revenue: US$6.94b (flat on FY 2021). Net income: US$2.15b (down 11% from FY 2021). Profit margin: 31% (down from 35% in FY 2021). Net interest margin (NIM): 3.36% (up from 2.85% in FY 2021). Non-performing loans: 0.52% (down from 0.53% in FY 2021). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Jan 21
Regions Financial Corporation Reports Net Loans Charged-Off for the Fourth Quarter Ended December 31, 2022 Regions Financial Corporation reported net loans charged-off for the fourth quarter ended December 31, 2022. For the quarter, the company reported net loans charged-off of $69 million against $44 million a year ago. Announcement • Dec 06
Simpler Payments. on the Go. Regions Bank Launches Business Travel Solution for Corporate Banking Clients Regions Bank announced the launch of a virtual commercial card solution to facilitate quick, easy and on- the-go business travel payments for the bank's Treasury Management clients. Regions Bank is launching a virtual commercial card solution to facilitate quick, easy and on-the-go business travel payments for the bank's Treasury Management clients. Visa Commercial Pay, offered in collaboration with Visa, the world's leader in digital payments, and Regions Commercial Card Services, is the latest in a series of enhancements Regions offers its business clients to better manage cash flow and streamline operations. Specifically, this solution enables businesses using a travel management vendor to centrally manage reservations such as air travel, hotel, rail and car rental. It creates a seamless integration option for the reservation process and can deliver enhanced data on employee travel, full spend visibility for all company travel, and automated expense reconciliation through unique virtual card numbers. Additionally, the solution allows business travelers to view all reservations in one place, along with real-time updates on trip expenses, all within the Visa Commercial Pay app. Upcoming Dividend • Nov 30
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 03 January 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.2%). Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: US$0.43 (vs US$0.65 in 3Q 2021) Third quarter 2022 results: EPS: US$0.43 (down from US$0.65 in 3Q 2021). Revenue: US$1.73b (down 2.0% from 3Q 2021). Net income: US$404.0m (down 35% from 3Q 2021). Profit margin: 23% (down from 35% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Announcement • Oct 20
Regions Financial Corporation Declares Quarterly Cash Dividend, Payable on January 3, 2023 Regions Financial Corporation Board of Directors declared the cash dividend of $0.20 on each share of outstanding common stock of the Company, payable on January 3, 2023, to stockholders of record at the close of business on December 8, 2022. Announcement • Oct 12
Regions Bank Launches Digital Solution for Business Clients Regions Bank on Tuesday announced the launch of a digital solution enabling Corporate Banking clients to send real-time payments through the RTP® network from The Clearing House. The new real-time payments service is part of Regions’ iTreasury platform, which offers a wide range of competitive financial management options for businesses through Regions’ Treasury Management division. Currently, Treasury Management clients can receive payments in real time. Now, with the added ability to send payments in real time through Regions iTreasury®, clients can instantly process digital payments for any number of needs, ranging from payroll and insurance, to facilitating business-to-business payments, delivering broker commissions, and providing other disbursements. This brief video illustrates how the system works efficiently and effectively. Clients access Regions iTreasury in their office or on the go through Regions OnePass®, the bank’s secure, central sign-on application. The ability to send real-time payments is one of many enhancements Regions has made over time to its Treasury Management services. Those enhancements extend beyond payments and include modernized file delivery methods, secure application programming interface (API) connections, and other emerging technologies. Further enhancements on the horizon for Regions’ Treasury Management clients include the upcoming launch of Regions CashFlowIQSM. This new tool, scheduled to launch in 2023, is designed to improve cash flow for clients by providing seamless accounts payable, accounts receivable, invoicing, and business bill payment capabilities for small and mid-sized businesses. Announcement • Aug 26
Regions Financial Corporation Appoints Ryan Sladek as Head of Sales Regions Financial Corporation announced Ryan Sladek has joined the company’s Institutional Services division and will lead a team of strategists to deliver customized investment services for corporations, businesses, nonprofits, municipalities, and more. As Head of Sales, Sladek will report directly to Julz Burgess, Head of Institutional Services and Corporate Trust within Regions’ Wealth Management division. Sladek and his team will focus on expanding the company’s Institutional Trust client base across high-growth markets in the Southeast, Texas, and the Midwest. Based in Tampa, Florida, Sladek joins Regions from PNC Institutional Asset Management and PNC Capital Advisors, where he served as the Florida and Southern Port Cities managing market director. Before his nine years with PNC, Sladek also spent nine years with BB&T in Raleigh, N.C., and Orlando, Fla. He began his career at Merrill Lynch in Jacksonville, Fla. Sladek holds a Bachelor of Science in Finance and a Master of Business Administration from the University of Florida. He earned FINRA Series 7, 24, 63, and 65 licenses. Sladek is a member of the Florida Public Pension Trustees Association and previously served as chairman of the Board of Directors for the Hillsborough Community College Foundation. He has also served as a trustee for the Florida Chamber of Commerce Foundation and was selected to join Leadership Florida’s Cornerstone Class 40. Upcoming Dividend • Aug 25
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 03 October 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.5%). Announcement • Aug 09
Regions Bank Names Tom Speir as Head of Strategy and Corporate Development Regions Bank announced Tom Speir has been elevated to serve as head of Strategy and Corporate Development. Speir will report to Regions Chief Financial Officer David Turner. In this role, Speir will lead the bank’s enterprise-wide strategic planning process and corporate development initiatives. He will be responsible for the bank’s mergers and acquisitions (M&A) strategy, identifying opportunities for Regions to further expand its range of specialty capabilities and high-value financial services for clients across the banking sector. In addition, he will oversee the bank’s Small Business Investment Company (SBIC) and strategic equity investment programs. Speir brings 20 years of experience to his new role. He previously served as assistant treasurer and head of Balance Sheet Management for Regions. In this role, he was responsible for the bank’s interest rate, liquidity, and capital management strategies. Speir also had oversight of the bank’s securities portfolio, interest rate risk hedging strategies, and development and execution of the company’s capital planning process. As a result, Speir has worked closely with Regions’ business groups to advise on overall strategies, including critical product pricing and capital allocation decisions. Speir joined Regions in 2009 after spending his early career at Wachovia Bank in Charlotte, where he served as securitized products portfolio manager in the Treasury Department with a focus on balance sheet management and credit hedging strategies. He began his banking career in Wachovia’s Finance Management Training Program. Speir is committed to giving back to the community by serving on the Advisory Board for Teach for America Alabama. In addition, he serves as co-chair for Regions’ 2022 United Way campaign. He earned his bachelor’s degree in Business Management, with a concentration in Finance, from North Carolina State University. Speir succeeds Nikki Stephenson, who recently joined Regions’ Corporate Banking Group as head of Credit Products. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$0.60 (vs US$0.78 in 2Q 2021) Second quarter 2022 results: EPS: US$0.60 (down from US$0.78 in 2Q 2021). Revenue: US$1.69b (down 12% from 2Q 2021). Net income: US$558.0m (down 25% from 2Q 2021). Profit margin: 33% (down from 39% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 7.4%, compared to a 14% growth forecast for the industry in Germany. Announcement • Jul 21
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on October 3, 2022 The Regions Financial Corporation declared the cash dividend on its common shares of $0.20 on each share of outstanding common stock of the Company, payable on October 3, 2022, to stockholders of record at the close of business on September 2, 2022. Announcement • Jun 22
Regions Financial Corp. and Regions Bank Appoints Three New Members to the Board and Committees Regions Financial Corp. announced three new members have been appointed to the boards of Regions Financial Corp. and its subsidiary, Regions Bank: Mark Crosswhite, Noopur Davis and J. Thomas (Tom) Hill. With the addition of Crosswhite, Davis and Hill, Regions will increase to a 14-member board, which will, as of July 1, 2022, consist of 13 independent outside directors. Mark Crosswhite is chairman, president and chief executive officer of Alabama Power Company, a Southern Company subsidiary headquartered in Birmingham, Ala., that provides electric service to 1.5 million customers. As an Alabama native and resident, Crosswhite has a strong connection to Regions’ markets and headquarters city. He is chairman of the boards of the Economic Development Partnership of Alabama and Prosper Birmingham. He also serves on numerous corporate, civic and nonprofit boards, including the boards of Nuclear Electric Insurance Limited and the UAB Health System. Crosswhite is also a member of the President’s Cabinet of the University of Alabama. In addition, Crosswhite serves on the Council on Competitiveness and the President’s Advisory Council for the Freshwater Land Trust. Crosswhite earned a bachelor’s degree in 1984 from the University of Alabama in Huntsville and a J.D. degree in 1987 from the University of Alabama School of Law. Noopur Davis is corporate executive vice president and chief information security and product privacy officer for Comcast, a Fortune 30 media and technology company. She leads teams responsible for product security and privacy, cloud security, information and infrastructure security, cybersecurity risk, security engineering, security incident response, the legal response center and technical fraud. Davis holds a bachelor’s degree in Electrical Engineering from Auburn University and a master’s degree in Computer Science from the University of Alabama in Huntsville. She is a member of several trade associations and serves on the Board of Directors of Entrust, Board of Advisors of Immersive Labs and the Board of Directors of the National Technology Security Coalition. Davis also serves on multiple advisory councils including Google Cloud, Amazon Web Services and VMWare. Tom Hillischairman of the board, president and chief executive officer of Vulcan Materials Company, the nation’s largest producer of construction aggregates and a major producer of aggregates-based construction materials. Hill is actively involved in a number of industry trade groups and currently serves on the boards of the Birmingham Business Alliance and the Economic Development Partnership of Alabama. He has previously served on the boards of the U.S. Chamber of Commerce and the United Way of Central Alabama. He is a graduate of the University of Pittsburgh and the Wharton School of Business, Executive Management Program. Regions is committed to serving the long-term interests of shareholders by maintaining strong governance principles and cultivating an experienced and engaged Board of Directors with diverse skills and attributes. Board committees play a vital role in that process. Crosswhite will serve on the Audit and the Nominating & Corporate Governance committees; Davis will serve on the Risk and Technology committees; and Hill will serve on the Compensation & Human Resources and Risk committees. Announcement • Jun 08
Regions Bank Introduces InvestPath Digital Advisor Regions Bank announced the launch of InvestPathTM, a digital advisor from Regions Investment Solutions that gives new, emerging, and experienced investors an intuitive and cost-effective online option for building and managing their portfolios while receiving personalized support. InvestPath offers clients a hybrid approach to investing that blends the convenience of technology with the experience and insights of Regions Investment Solutions financial advisors. An InvestPath account may be opened with a low minimum investment of $5,000 and offers a straightforward annual fee of 0.70%. A Regions Investment Solutions financial advisor is assigned to every account – a key differentiator for InvestPath clients – and these advisors are available to work with clients on financial planning and investment strategies to help reach their goals. As a client sets up an InvestPath account, they select their risk preferences, timelines, personal goals, and more. InvestPath will recommend one of five established asset allocation models based on the client’s financial goals, risk tolerance, and investment preferences. Portfolios leverage low-cost Exchange Traded Funds (ETFs) to gain desired exposures and create diversification. InvestPath’s digital platform gives clients 24/7 access to their investments with the ability to review positions, access statements, and understand their full financial picture. Clients can open and access their InvestPath account via Regions Online Banking or by connecting with a Regions Investment Solutions financial advisor. Upcoming Dividend • May 26
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 02 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (6.4%). Announcement • May 13
Regions Financial Corporation Announces Executive Changes Regions Financial Corporation announced Scott Peters will serve as Chief Transformation Officer for the company, and Kate Danella will serve as head of Regions' Consumer Banking Group. As Chief Transformation Officer, Peters will lead this initiative in collaboration with business group leaders throughout the company. With new, more adaptive technology, Regions will be able to redefine the customerexperience, including in-person interactions, self-service solutions, and more. Announcement • May 12
Regions Bank Has Appoints Dan Massey as Chief Enterprise Operations and Technology Officer Regions Bank has appointed Dan Massey as chief enterprise operations and technology officer. He is to lead teams that oversee several critical functions for the company. Massey has more than 30 years of experience. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$0.56 (vs US$0.64 in 1Q 2021) First quarter 2022 results: EPS: US$0.56 (down from US$0.64 in 1Q 2021). Revenue: US$1.63b (down 6.6% from 1Q 2021). Net income: US$524.0m (down 15% from 1Q 2021). Profit margin: 32% (down from 35% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 8.1% growth forecast for the industry in Germany. Reported Earnings • Apr 23
First quarter 2022 earnings released: EPS: US$0.58 (vs US$0.64 in 1Q 2021) First quarter 2022 results: EPS: US$0.58 (down from US$0.64 in 1Q 2021). Revenue: US$1.64b (down 6.6% from 1Q 2021). Net income: US$548.0m (down 11% from 1Q 2021). Profit margin: 34% (down from 35% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 8.2% growth forecast for the industry in Germany. Announcement • Mar 06
Regions Financial Corporation, Annual General Meeting, Apr 20, 2022 Regions Financial Corporation, Annual General Meeting, Apr 20, 2022, at 09:00 Central Standard Time. Agenda: To election to its Board of Directors of the 11 nominees named in proxy statement to serve as Directors until the next annual meeting of shareholders or in each case until their successors are duly elected and qualified; to Ratification of the appointment of Ernst & Young LLP as Regions’ independent registered public accounting firm for the year 2022; and to advisory vote on executive compensation; and to consider the other matters. Upcoming Dividend • Mar 03
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 10 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (5.8%). Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$2.51 (up from US$1.03 in FY 2020). Revenue: US$6.96b (up 41% from FY 2020). Net income: US$2.40b (up 142% from FY 2020). Profit margin: 35% (up from 20% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.85% (down from 3.21% in FY 2020). Non-performing loans: 0.53% (down from 0.88% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 3.8% compared to a 11% growth forecast for the banks industry in Germany. Announcement • Feb 10
Regions Financial Corporation Declares Quarterly Cash Dividend, Payable on April 1, 2022 Regions Financial Corporation's Board of Directors declared a cash dividend of $0.17 on each share of outstanding common stock of the Company, payable on April 1, 2022, to stockholders of record at the close of business on March 11, 2022. Reported Earnings • Jan 21
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$2.64 (up from US$1.03 in FY 2020). Revenue: US$6.96b (up 41% from FY 2020). Net income: US$2.52b (up 154% from FY 2020). Profit margin: 36% (up from 20% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.1% compared to a 11% growth forecast for the banks industry in Germany. Announcement • Dec 19
Regions Financial Corporation (NYSE:RF) entered into a definitive agreement to acquire Clearsight Advisors, Inc. Regions Financial Corporation (NYSE:RF) entered into a definitive agreement to acquire Clearsight Advisors, Inc. on December 17, 2021. The transaction is expected to close by the end of 2021 subject to satisfaction of customary closing conditions. Houlihan Lokey represented Regions in connection with the Clearsight Advisors transaction, and Moore & Van Allen PLLC served as Regions’ legal counsel. Holland & Knight LLP served as Clearsight Advisors’ legal counsel. Upcoming Dividend • Nov 25
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 02 December 2021. Payment date: 03 January 2022. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.3%). Recent Insider Transactions • Nov 14
Key Executive recently sold €531k worth of stock On the 10th of November, Amala Duggirala sold around 25k shares on-market at roughly €21.24 per share. This was the largest sale by an insider in the last 3 months. Amala has been a seller over the last 12 months, reducing personal holdings by €525k. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS US$0.65 (vs US$0.52 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.77b (up 16% from 3Q 2020). Net income: US$624.0m (up 25% from 3Q 2020). Profit margin: 35% (up from 33% in 3Q 2020). The increase in margin was driven by higher revenue. Upcoming Dividend • Aug 26
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 01 October 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (3.2%). Reported Earnings • Jul 26
Second quarter 2021 earnings released: EPS US$0.78 (vs US$0.25 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.92b (up 189% from 2Q 2020). Net income: US$748.0m (up US$985.0m from 2Q 2020). Profit margin: 39% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Reported Earnings • Jul 24
Second quarter 2021 earnings released: EPS US$0.78 (vs US$0.25 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.92b (up 189% from 2Q 2020). Net income: US$748.0m (up US$985.0m from 2Q 2020). Profit margin: 39% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Upcoming Dividend • May 27
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 03 June 2021. Payment date: 01 July 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (2.7%). Recent Insider Transactions • May 15
Senior EVP & Chief Risk Officer recently sold €840k worth of stock On the 12th of May, C. Lusco sold around 45k shares on-market at roughly €18.66 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.5m. Insiders have been net sellers, collectively disposing of €7.7m more than they bought in the last 12 months. 
