Rochester, NY 8/25/2009 9:07:00 PM
Regions Financial Corp. RF, Regions Financial downgraded Ahead of the Bell
Regions Financial Corp. RF
Regions Financial Corp. was downgraded yesterday by an analyst because of the expectation of share price brought it in line resent surge. The regional bank could still face steep losses from commercial real estate exposure and upgraded 44 percent shares in May.
Aside from the recent share price gains, the Regions Financial still could face large losses from its exposure to commercial real estate loans. On those types of loans they sharfly increase and putting pressure on banks' earnings.
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