Regions Financial Stock Sees Its Composite Rating Rise To 96

Regions Financial (RF) saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 93 to 96.


The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.

Regions Financial stock is currently forming a cup without handle, with a 23.91 entry. Look for the stock to break out in heavy trade at least 40% higher than normal.

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Regions Financial stock earns an 88 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 88% of all stocks.

Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.

In Q2, Regions Financial stock reported 435% EPS growth. That marks four straight reports with rising EPS performance. Top line growth came in at -1%, down from 6% in the previous quarter.

Regions Financial stock holds the No. 2 rank among its peers in the Banks-Super Regional industry group. SVB Financial (SIVB) is the top-ranked stock within the group.


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