Regions Financial posts surprising 1Q profit (AP)

April 26th, 2009 | by |

AP – Regions Financial Corp. on Tuesday reported a surprising first-quarter profit, driven by strong mortgage banking revenue and deposit growth. But loan losses at the regional bank continued to increase as consumers struggled to pay off their debts.

Source:Regions Financial posts surprising 1Q profit
(AP)

Sorry, comments for this entry are closed at this time.