As of Apr 25, 2024, the RF stock has a P/E ratio of 9.29. The calculation is based on the latest EPS of $2.11 and the stock price of $19.61 per share. An increase of 17% has been observed in the PE ratio compared to its average of 7.9 of the past four quarters.
The mean historical PE ratio of Regions Financial over the last ten years is 11.78. The current 9.29 price-to-earnings ratio is 21% less than the historical average. Analyzing the last ten years, RF's PE ratio reached its highest point in the Dec 2017 quarter at 17.11, with a price of $17.28 and an EPS of $1.01. The Mar 2020 quarter saw the lowest point at 6.95, with a price of $8.97 and an EPS of $1.29.
Maximum annual increase: 37.76% in 2020
Maximum annual decrease: -49.56% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.18 | -2.44% |
| 2022 | 9.41 | 8.29% |
| 2021 | 8.69 | -44.47% |
| 2020 | 15.65 | 37.76% |
| 2019 | 11.36 | 31.63% |
| 2018 | 8.63 | -49.56% |
| 2017 | 17.11 | 3.63% |
| 2016 | 16.51 | 28.98% |
| 2015 | 12.8 | -3.03% |
| 2014 | 13.2 | 1.46% |
RF's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
When compared to its peers BAC and WFC, RF's PE ratio is lower, but it is higher than ONB's. Regions Financial's current PE ratio of 9.29 is less than the average of its peers, which is 10.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ONB Old National Bancorp | 8.54 | $4.88B |
| RF Regions Financial Corp | 9.29 | $18.02B |
| FHN First Horizon Corp | 9.37 | $8.27B |
| FNB Fnb Corp | 10.32 | $4.89B |
| TRMK Trustmark Corp | 11 | $1.82B |
| PNFP Pinnacle Financial Partners Inc | 11.32 | $6.27B |
| BKU BankUnited Inc | 11.75 | $2.04B |
| PNC Pnc Financial Services Group Inc | 12.21 | $62.18B |
| BAC Bank Of America Corp | 12.23 | $298.45B |
| WFC Wells Fargo & Company | 12.28 | $214.4B |
The price to earnings ratio for RF stock is 9.29 as of Apr 25, 2024.
The 3-year average PE ratio for RF stock is 8.46.
The 5-year average PE ratio for RF stock is 10.08.
The highest quarterly PE ratio in the last ten years has been 17.11 and it was in the Dec 2017 quarter.
RF's current price to earnings ratio is 21% below its 10-year historical average.
RF's PE ratio of 9.29 is considered low because the company's stock price is trading at a lower multiple of earnings.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 25, 2024), Regions Financial's share price is $19.61. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.11. Therefore, Regions Financial's price to earnings ratio for today is 9.29. PE RATIO(9.29) = STOCK PRICE($19.61) / TTM EPS($2.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.