BB&T Corporation (BBT) and Regions Financial Corporation (RF) are large regional banking companies. The net income and average common shares outstanding for both companies were reported in recent financial reports as follows (in millions):

a. Determine the earnings per share for each company. Round to the nearest cent.
b. Which company appears more profitable from a total net income perspective?
c. Which company appears more profitable from an earnings-per-share perspective?
d. From a stockholder€™s perspective, is net income or earnings per share the better relative earnings measure between the two banks?

Transcribed Image Text:

Regions Financial $1,158 $64 1,255 BB&T $2,458 $167 Net income Preferred dividends Average number of common shares outstanding 815