Regions Income Before Tax vs Total Revenue Analysis
| RF-PF Stock | 26.40 0.34 1.30% |
Regions Financial financial indicator trend analysis is much more than just breaking down Regions Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Regions Financial is a good investment. Please check the relationship between Regions Financial Income Before Tax and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regions Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Regions Stock please use our How to Invest in Regions Financial guide.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regions Financial Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Regions Financial's Income Before Tax and Total Revenue is 0.79. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Regions Financial, assuming nothing else is changed. The correlation between historical values of Regions Financial's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Regions Financial are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Regions Financial's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Regions Financial income statement and is an important metric when analyzing Regions Financial profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts Regions Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Regions Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Regions Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regions Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Regions Stock please use our How to Invest in Regions Financial guide.At this time, Regions Financial's Tax Provision is most likely to increase significantly in the upcoming years. The Regions Financial's current Selling General Administrative is estimated to increase to about 2.5 B, while Issuance Of Capital Stock is projected to decrease to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 3.9B | 4.8B | 5.3B | 4.9B | Tax Provision | 694M | 631M | 533M | 571.5M |
Regions Financial fundamental ratios Correlations
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Regions Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Regions Financial is a strong investment it is important to analyze Regions Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Regions Financial's future performance. For an informed investment choice regarding Regions Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regions Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Regions Stock please use our How to Invest in Regions Financial guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.