Regions Financial Corporation $RF Stock: Sumitomo Mitsui Trust Group Inc. Cuts Holdings

Posted by Brian Himes on Nov 4th, 2026

Sumitomo Mitsui Trust Group Inc. reduced its position in shares of Regions Financial Corporation (NYSE:RF – Free Report) by 3.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,109,007 shares of the bank’s stock after selling 66,175 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Regions Financial were worth $56,690,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nykredit A S acquired a new position in shares of Regions Financial during the 2nd quarter valued at about $236,756,000. Bank of America Corp DE acquired a new position in shares of Regions Financial during the second quarter worth about $219,068,000. First Trust Advisors LP grew its position in Regions Financial by 75.7% in the first quarter. First Trust Advisors LP now owns 13,358,969 shares of the bank’s stock valued at $348,936,000 after acquiring an additional 5,754,487 shares in the last quarter. Legal & General Group Plc acquired a new position in Regions Financial in the 2nd quarter worth $163,654,000. Finally, Korea Investment CORP acquired a new position in shares of Regions Financial in the second quarter worth about $99,190,000. Hedge funds and other institutional investors own 79.39% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on RF shares. TD Cowen started coverage on shares of Regions Financial in a report on Thursday, October 8th. They set a “hold” rating and a $30.00 price objective for the company. Robert W. Baird upgraded shares of Regions Financial from an “underperform” rating to a “neutral” rating and set a $28.00 target price for the company in a research report on Friday, September 18th. Jefferies Financial Group restated a “hold” rating and set a $32.00 target price on shares of Regions Financial in a report on Friday, July 17th. Cantor Fitzgerald reissued an “overweight” rating and issued a $32.00 price objective on shares of Regions Financial in a research note on Wednesday, October 21st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Regions Financial from $30.50 to $31.00 and gave the stock a “neutral” rating in a report on Friday, October 30th. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Regions Financial presently has a consensus rating of “Hold” and an average target price of $31.00.

View Our Latest Report on Regions Financial

Regions Financial Trading Down 1.4%

NYSE RF opened at $28.57 on Wednesday. The stock has a 50-day simple moving average of $28.46 and a 200 day simple moving average of $28.69. Regions Financial Corporation has a 12 month low of $23.59 and a 12 month high of $32.47. The company has a market capitalization of $24.34 billion, a PE ratio of 11.14, a P/E/G ratio of 1.17 and a beta of 1.01. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.36.

Regions Financial (NYSE:RF – Get Free Report) last issued its quarterly earnings data on Friday, October 16th. The bank reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.06. Regions Financial had a net margin of 23.97% and a return on equity of 13.43%. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the previous year, the company earned $0.63 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. Research analysts forecast that Regions Financial Corporation will post 2.70 EPS for the current year.

Regions Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.2%. The ex-dividend date is Tuesday, December 1st. Regions Financial’s dividend payout ratio (DPR) is 47.06%.

Regions Financial Profile

(Free Report)

Regions Financial Corporation (NYSE: RF) is a financial services company headquartered in Birmingham, Alabama. Through its principal subsidiary, Regions Bank, the company provides banking and related financial services to consumers, businesses, institutions and governments.

Regions Bank offers checking and savings accounts, consumer and commercial loans, credit products, mortgages, treasury and cash-management services, investment and wealth-management solutions, and insurance-related services.