Raiffeisen Bank International AG Buys 47,984 Shares of Regions Financial Corporation $RF
MarketBeat
Raiffeisen Bank International AG significantly increased its stake in Regions Financial Corporation by 7,509.2% in the second quarter, acquiring 47,984 shares to a total of 48,623 shares valued at $1.47 million. This move comes as Regions Financial reported stronger-than-expected earnings of $0.68 per share and raised its quarterly dividend to $0.30 per share. Despite mixed analyst ratings, institutional investors now own 79.39% of the stock.
Read the full story
This is a short summary. The complete article is published by MarketBeat.
Headline and summary aggregated from public news feeds. For information only — not financial advice.