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Non-Tech : Regions Financial Corporation (RF)
RF 24.15-0.4%3:59 PM EST

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From: JakeStraw4/17/2006 9:27:06 AM
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Regions Financial quarterly profit up 22 percent
biz.yahoo.com
Monday April 17, 6:14 am ET

NEW YORK (Reuters) - Regions Financial Corp. (NYSE:RF), a large southeastern U.S. bank, on Monday posted a 22 percent rise in first-quarter profit, helped by stronger net interest income and record earnings at Morgan Keegan.

Net income rose to $295 million, or 64 cents per share, from $242 million, or 51 cents a share, a year earlier.

Analysts on average expected earnings of 62 cents a share, according to Reuters Estimates.
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