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Regions Financial reports Q3 EPS 49c, consensus 53c

Reports Q3 revenue $1.79B, consensus $1.8B. Third quarter results were impacted by the following notable items: the impact of additional strategic securities repositioning and issuance costs associated with the redemption of the company’s Series B Preferred Stock. The net impact of these items reduced reported third quarter earnings per diluted share by 8c.

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