06:41 AM EDT, 04/19/2024 (MT Newswires) -- Regions Financial ( RF ) reported Q1 earnings Friday of $0.37 per diluted share, down from $0.62 a year earlier.

Analysts polled by Capital IQ expected $0.44.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total non-interest income, was $1.75 billion, down from $1.95 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.76 billion.

Shares of the bank were up more than 1% in recent Friday premarket activity.