Credit, check fraud costs weigh on Regions' earnings

Regions Financial reported first-quarter net income of $368 million, or 37 cents per share. This compared with $391 million, or 39 cents, in the previous quarter, and $612 million, or 62 cents, a year earlier. Read more:- https://www.americanbanker.com/news/credit-check-fraud-costs-weigh-on-regions-earnings
Credit, check fraud costs weigh on Regions' earnings Regions Financial reported first-quarter net income of $368 million, or 37 cents per share. This compared with $391 million, or 39 cents, in the previous quarter, and $612 million, or 62 cents, a year earlier. Read more:- https://www.americanbanker.com/news/credit-check-fraud-costs-weigh-on-regions-earnings
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Credit, check fraud costs weigh on Regions' earnings
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
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