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Analyze and compare Truist and Regions Financial Truist Financial Corp (TFC) and Regions Financial Corporation (RF) are large regional banking companies. The net income and
Analyze and compare Truist and Regions Financial Truist Financial Corp (TFC) 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): Net income Truist Preferred dividends Average number of common shares outstanding a. Determine the earnings per share for each company. Round to the nearest cent. Truist Regions Financial b. Which company appears more profitable from a total net income perspective? Truist c. Which company appears more profitable from an earnings-per-share perspective? Truist $3,224 $196 805.1 d. From a stockholder's perspective, is net income or earnings per share the better relative earnings measure between the two banks? From a stockholder's perspective, the earnings per share de Regions Financial $1,582 $79 995.0 Fm ==== PMENT TE ME is a better relative measure of earnings between the two banks.
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