11:35 AM EDT, 07/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

After digesting Q2 FY 25 earnings, we increase our 12-month target price by $3 to $33, 12.5x our 2026 EPS estimate, a premium to RF's five-year forward P/E average of 10.7x as an improving regulatory environment outweighs tariff uncertainty. We maintain our 2025 EPS estimate at $2.37 and increase 2026's by $0.04 to $2.65. Our revenue projections are $7.6 billion and $8.0 billion, respectively. Despite an improving bank M&A environment, RF reaffirmed that it is not looking for depository M&A. This is a prudent decision, in our view, as RF has demonstrated it doesn't need additional scale to outperform peers. RF's Q2 2025 ROTCE of 19.3% is ranked among the industry's highest, with further upside potential as credit quality improves and capital markets activity accelerates. Management also raised guidance, improving its net interest income outlook from +1-4% to +3-5%, though we view this as still conservative given the upside potential from improving loan growth trends. Shares yield 4.1%.