Regions Financial Corp reported a higher-than-expected third-quarter profit, but shares of the southeastern U.S. regional bank fell as some problem loans increased.Regions shares were down nearly 6 percent in morning trading, worse than a 1.6 percent decline in the broader KBW Banks Index ."They've got bigger problems" than their peers, said Barclays Capital analyst Jason Goldberg. "And it's taking them more time to work through it."The Birmingham, Alabama-based bank has struggled with real estate-related loan losses since the U.S. housing market collapsed in 2007. Regions expanded into hard-hit Florida, focusing its lending along the state's panhandle, a vacation home and resort destination.
Itau Unibanco Holding S.A. is a bank in Brazil. The Company has four operational segments: Commercial Banking, Itau BBA, Consumer Credit and Corporate and Treasury. Shares of ITUB fell by 3.36% or $-0.635/share to $18.28. In the past year, the shares have traded as low as $14.47 and as high as $26.30. On average, 19460800 shares of ITUB exchange hands on a given day and today's volume is recorded at 6086708.
Regions Financial Corporation (Regions) is a financial holding company. Shares of RF fell by 5.64% or $-0.22/share to $3.68. In the past year, the shares have traded as low as $3.02 and as high as $8.09. On average, 26995400 shares of RF exchange hands on a given day and today's volume is recorded at 15998604.
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