Regions Financial (RF) FY2021 results: revenue $6.4 billion, up 2.4% on the year
Regions Financial Corp. (RF) reported revenue of $6.4 billion for fiscal 2021, the year ended 31 December 2021, up 2.4% on the year before. Net income was $2.5 billion, up 130.4%, and diluted earnings per share $2.49. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$6.4 billion
+2.4% on the year
FY2014FY2021
Operating margin
0.7%
FY2014FY2021
Net income
$2.5 billion
+130.4% on the year
FY2014FY2021
Diluted EPS
$2.49
+141.7% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
3,030
2,324
2,581
+30.4%
Cash from investing
-2,865
-4,853
509
Cash from financing
11,290
16,371
-2,514
-31.0%
Depreciation and amortisation
371
421
426
-11.9%
Buybacks
467
0.0
1,101
Dividends paid
608
595
577
+2.2%
Dividend per share
$0.65
$0.62
$0.59
+4.8%
Diluted shares, weighted
963m
962m
999m
+0.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
18,326
18,111
16,295
+1.2%
Non-controlling interest
0.0
0.0
0.0
Deposits
139,072
122,479
97,475
+13.5%
Short-term borrowings
n/a
0.0
n/a
Debt
2,407
3,569
9,929
-32.6%
Other liabilities
3,133
3,230
2,541
-3.0%
Total liabilities and equity
162,938
147,389
126,240
+10.5%
Fixed assets
1,814
1,897
1,960
-4.4%
Goodwill
5,744
5,190
4,845
+10.7%
Intangible assets
305
122
105
+150.0%
Securities held for sale or to maturity
29,380
28,276
23,938
+3.9%
Loans
86,305
83,099
82,094
+3.9%
Cash and equivalents
29,411
17,956
4,114
+63.8%
Other assets
9,979
10,849
9,184
-8.0%
Total assets
162,938
147,389
126,240
+10.5%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.