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After Great Performance, This Will Be Regions Financial's Next Challenge

TheMotleyFool

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After Great Performance, This Will Be Regions Financial's Next Challenge: https://g.foolcdn.com/editorial/images/719987/people-looking-over-papers.jpg

The large Southeastern bank Regions Financial (NYSE: RF) has done a great job of transforming its business since the Great Recession.

The bank now has a very strong balance sheet supported by healthy credit quality and a lot of excess capital. The bank also has a great deposit base and an increasingly strong lending franchise, which has led to strong earnings recently.

For its great work, the market has rewarded the stock with a premium valuation and Regions now trades at close to 300% of its tangible book value, or net worth. But banks are always looking to get better. This will be Regions' next challenge.

Source Fool.com

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