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Regions Financial director buys more stock as company reports earnings above expectations and announces dividend.
Regions Financial Co. Director Jose S. Suquet bought more company stock, increasing his ownership by about 1.65%.
The company recently reported earnings of $0.56 per share, slightly above expectations.
Regions Financial also announced a $0.25 quarterly dividend, with a yield of 4.22%.
The company provides banking and financial services through its Corporate Bank, Consumer Bank, and Wealth Management segments.
Analysts have a "Moderate Buy" rating on the stock, with an average price target of $27.67.
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Regiones El director financiero compra más acciones a medida que la compañía reporta ganancias superiores a las expectativas y anuncia dividendos.