<p>地区金融公司（Regions Financial）今天再次受到华尔街分析师的关注。来自花旗的分析师 Keith Horowitz 对该股票维持了买入评级，并设定了 32.00 美元的目标价。</p>
<p>Keith Horowitz 给予买入评级的原因是多种因素的结合，这些因素突显了地区金融公司稳健的基本面和有吸引力的估值特征。他预计到 2026 年底，净利差将继续扩大至大约 3.7%，尽管由于存款重新定价的短期压力，净利息收入将以低至中个位数的增长。与此同时，他预计随着与办公相关的商业房地产减值压力的减轻，信用成本将正常化至 50 个基点以下，这将有助于稳定整体信用质量。预计手续费收入将增长，特别是来自资本市场业务，这将支持积极的经营杠杆并增强银行的盈利能力。</p>
<p>Horowitz 承认，由于对晚周期信用风险和东南部竞争加剧的担忧，投资者情绪一直较弱，但他认为这些担忧在当前股价中已经得到了充分反映。他的预测显示，地区金融公司将在 2026 年实现约 18% 的回报，并提供中位数的收益增长，他认为这对于一家以折扣交易的银行来说是强劲的表现。尽管他预计由于商业房地产减值的上升和净利差扩张速度略低于市场共识，短期内会有适度影响，但他认为这些在改善盈利能力和控制费用的更广泛背景下是可控的。综合来看，风险回报特征、预期的双位数上行空间以及领先同行的回报前景支持了他对该股票的买入推荐。</p>
<p>在 12 月 17 日发布的另一份报告中，KBW 也对该股票维持了买入评级，目标价为 31.00 美元。</p>

<p>Regions Financial 收到了花旗分析师 Keith Horowitz 的买入评级，他设定的目标价为 32.00 美元。他指出，净利差改善、信用成本正常化以及强劲的基本面是关键因素。尽管对信用风险和竞争存在担忧，Horowitz 预计该银行到 2026 年将实现 18% 的回报和中等十几的盈利增长。他认为当前的股价反映了投资者的担忧，使得该股票具有吸引力。KBW 也维持了买入评级，目标价为 31.00 美元</p>

<p>Regions Financial, the Financial sector company, was revisited by a Wall Street analyst today. Analyst Keith Horowitz from Citi maintained a Buy rating on the stock and has a $32.00 price target.</p>
<div class="lb-trans"><p>地区金融公司（Regions Financial）今天再次受到华尔街分析师的关注。来自花旗的分析师 Keith Horowitz 对该股票维持了买入评级，并设定了 32.00 美元的目标价。</p>
</div><p>Keith Horowitz has given his Buy rating due to a combination of factors that highlight both solid fundamentals and an attractive valuation profile for Regions Financial. He expects net interest margin to continue expanding toward roughly 3.7% by the end of 2026, with net interest income growing in the low- to mid-single digits despite some near‑term headwinds from deposit repricing. At the same time, he anticipates credit costs to normalize to below 50 basis points as the pressure from office‑related commercial real estate charge‑offs subsides, which should help stabilize overall credit quality. Fee income is projected to grow, particularly from the capital markets franchise, supporting positive operating leverage and reinforcing the bank’s earnings power.</p>
<div class="lb-trans"><p>Keith Horowitz 给予买入评级的原因是多种因素的结合，这些因素突显了地区金融公司稳健的基本面和有吸引力的估值特征。他预计到 2026 年底，净利差将继续扩大至大约 3.7%，尽管由于存款重新定价的短期压力，净利息收入将以低至中个位数的增长。与此同时，他预计随着与办公相关的商业房地产减值压力的减轻，信用成本将正常化至 50 个基点以下，这将有助于稳定整体信用质量。预计手续费收入将增长，特别是来自资本市场业务，这将支持积极的经营杠杆并增强银行的盈利能力。</p>
</div><p>Horowitz acknowledges that investor sentiment has been weak amid concerns about late‑cycle credit risk and rising competition in the Southeast, but he believes these worries are more than reflected in the current share price. His forecasts call for Regions to generate returns around 18% and deliver mid‑teens earnings growth in 2026, which he views as strong performance for a bank trading at a discount to peers. While he models a modest near‑term impact from elevated commercial real estate charge‑offs and a slightly slower pace of margin expansion than consensus, he sees these as manageable within the broader context of improving profitability and controlled expenses. Taken together, the risk‑reward profile, expected double‑digit upside, and peer‑leading return outlook support his Buy recommendation on the stock.</p>
<div class="lb-trans"><p>Horowitz 承认，由于对晚周期信用风险和东南部竞争加剧的担忧，投资者情绪一直较弱，但他认为这些担忧在当前股价中已经得到了充分反映。他的预测显示，地区金融公司将在 2026 年实现约 18% 的回报，并提供中位数的收益增长，他认为这对于一家以折扣交易的银行来说是强劲的表现。尽管他预计由于商业房地产减值的上升和净利差扩张速度略低于市场共识，短期内会有适度影响，但他认为这些在改善盈利能力和控制费用的更广泛背景下是可控的。综合来看，风险回报特征、预期的双位数上行空间以及领先同行的回报前景支持了他对该股票的买入推荐。</p>
</div><p>In another report released on December 17, KBW also maintained a Buy rating on the stock with a $31.00 price target.</p>
<div class="lb-trans"><p>在 12 月 17 日发布的另一份报告中，KBW 也对该股票维持了买入评级，目标价为 31.00 美元。</p>
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Regions Financial：利润率改善、信贷成本正常化以及折扣估值支持买入评级