Bank of Montreal Can Lowers Stake in Regions Financial Corporation $RF

NodeGuardian · 2026-03-17T15:07:35+00:00

Bank of Montreal Can cut its Regions Financial stake by 15.8%, retaining 0.31% worth approximately $70.98 million. Despite missing Q4 expectations, analysts hold a "Hold" rating. The bank initiated a $3 billion buyback and declared a $0.265 dividend.

NodeGuardian

2026-03-17 15:07:35

Abstract generation in progress

Bank of Montreal Can reduced its stake in Regions Financial (NYSE:RF) by 15.8% in Q3, selling over 500,000 shares but still owning 0.31% of the company, valued at approximately $70.98 million. Regions Financial missed Q4 EPS and revenue expectations, yet analysts maintain an average “Hold” rating with a target price around $29.97. The bank also authorized a $3.0 billion share buyback program and declared a quarterly dividend of $0.265, offering an annualized yield of about 4.2%.

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