Latest news with #RF
GMA Network
a day ago
- General
- GMA Network
Lone bettor wins P25M Lotto 6/42 jackpot on Thursday, June 19, 2025
One bettor won the Lotto 6/42 jackpot prize of P25.051 million drawn on Thursday, June 19, 2025, according to the Philippine Charity Sweepstakes Office (PCSO). The single winner for Lotto 6/42 picked the numbers 02-14-16-28-22-30 for the P25,051,343.80 jackpot prize. There were no winners for the Superlotto 6/49 jackpot now worth P81,897,783.60 after no bettor picked the winning combination of 19-33-26-18-17-39. Visit here for more lotto results. —RF, GMA Integrated News
Yahoo
a day ago
- Business
- Yahoo
Is Regions Financial Stock Outperforming the S&P 500?
Birmingham, Alabama-based Regions Financial Corporation (RF) is a financial holding company that provides banking and bank-related services to individual and corporate customers. With a market cap of $19.4 billion, the company provides consumer and commercial banking, wealth management, credit life insurance, leasing, commercial accounts receivable factoring, specialty mortgage financing, and securities brokerage services. Companies worth $10 billion or more are generally described as 'large-cap stocks,' and RF perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the regional banks industry. The company boasts a strong regional presence, diversified revenue streams, and improved efficiency. Its robust capital position enhanced digital capabilities, and diversified loan portfolio supports long-term growth. RF's experienced management, disciplined risk management, and customer-centric approach further solidify its competitive edge. 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Archer Aviation Is Betting Big on Its Fledgling Defense Business. Does That Make ACHR Stock a Buy Here? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Despite its notable strength, RF shares slipped 21.5% from their 52-week high of $27.96, achieved on Nov. 25, 2024. Over the past three months, RF stock has gained 2.2%, underperforming the S&P 500 Index's ($SPX) 6.5% rise during the same time frame. In the longer term, shares of RF dipped 6.6% on a YTD basis, underperforming SPX's YTD gains of 1.7%. However, the stock climbed 15.7% over the past 52 weeks, outperforming SPX's 9% returns over the last year. To confirm the bullish trend, RF has been trading above its 50-day moving average since early May. However, it has been trading below its 200-day moving average since early March. RF has outperformed due to its strong presence in growing regional economies, with over 30% of deposits coming from noninterest-bearing sources. The stock is up nearly 145% in the last five years, and stands to benefit from deregulation under the Trump administration, allowing for more lending and potential mergers and acquisitions in the regional bank space. On Apr. 17, RF shares closed up marginally after reporting its Q1 results. Its adjusted EPS of $0.54 beat Wall Street expectations of $0.51. The company's adjusted revenue was $1.81 billion, missing Wall Street forecasts of $1.82 billion. RF's rival, PNC Financial Services Group, Inc. (PNC) shares lagged behind the stock, with a 9.1% downtick on a YTD basis and a 13.5% gain over the past 52 weeks. Wall Street analysts are moderately bullish on RF's prospects. The stock has a consensus 'Moderate Buy' rating from the 25 analysts covering it, and the mean price target of $24.74 suggests a potential upside of 12.7% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
GMA Network
2 days ago
- GMA Network
San Juan designates ‘basaan zone' for Wattah Wattah 2025, warns violators
The San Juan City local government unit has designated a specific zone where the public can engage in the 'basaan' tradition of the annual Wattah Wattah Festival, following last year's unruly celebration. In Mark Salazar's Wednesday report on '24 Oras,' San Juan Mayor Francis Zamora expects a more orderly celebration following the implementation of a new ordinance. To recall, a resident tagged as 'Boy Dila' went viral for mockingly firing a water gun at an unwilling motorcycle rider. 'Ako namay umaasa na sa taong ito ay hindi niya gagawin yung ginawa niya noong nakaraang taon. Umaasa po ako natuto na siya ng leksyon at magsilbing leksyon sa lahat ng iba na maaaring gumagawa ganyan dati hindi naman nahuli,' Zamora said. (I'm expecting he will not repeat his actions of last year. I'm hoping this serves as a lesson to him and to others as well.) Starting June 24, the city has designated a kilometer-long 'basaan zone' from P. Guevarra Street along Pinaglabanan Road to N. Domingo St. About 300 police officers will be deployed during the festival to ensure public safety. 'Any other area outside this basaan zone ay bawal. Kung kayo pupunta sa San Juan para magdiwang o mag-basaan, welcome na welcome po kayo sa basaan zone,' Zamora said. (Any other area outside the basaan zone is prohibited. If you want to come to San Juan to celebrate, you are welcome in the basaan zone.) Additionally, throwing water bombs is prohibited, as well as using high-pressure sprayers, aside from those used by firefighters taking part in the fiesta. The public is also barred from climbing, shaking, or opening vehicles to douse motorists and passengers. Those who splash water outside the basaan zone will be meted a fine of P5,000 and face detention of up to 10 days. For minors caught violating the ordinance, their parents and guardians will have to pay the corresponding fine. Some residents of Barangay Balong-bao, where Boy Dila resides, expressed their disappointment, saying this was a break from tradition. Meanwhile, GMA Integrated News found Boy Dila inside a detention facility after he allegedly violated the Anti-Bastos Law for catcalling a minor. The man, who personally apologized to Zamora last year for his behavior during the fiesta, admitted to a lapse in judgment, saying he was drunk at the time of the incident. —Mariel Celine Serquiña/RF, GMA Integrated News
GMA Network
2 days ago
- General
- GMA Network
No winners of major lotto jackpot draws on Wednesday, June 18, 2025
The Philippine Charity Sweepstakes Office (PCSO) said there were no winners of the major lotto jackpot draws on Wednesday, June 18, 2025. The winning numbers for the Grand Lotto 6/55 jackpot worth P51,481,844.00 are 03-45-05-18-21-28. For Megalotto 6/45, the correct combination of 29-15-44-05-08-31, would have given a jackpot of P21,125,006.60. For more lotto results, visit here. — RF, GMA Integrated News
GMA Network
3 days ago
- Climate
- GMA Network
LPA inside PAR ‘unlikely' to turn into storm — PAGASA
The low pressure area (LPA) observed inside the Philippine Area of Responsibility (PAR) is 'unlikely' to develop into a tropical depression within the next 24 hours, PAGASA said Wednesday afternoon. At 3 p.m., the LPA was located 170 kilometers west of Bacnotan, La Union. It will affect the weather conditions of Metro Manila, Bataan, Zambales, Oriental Mindoro, Occidental Mindoro, Batangas, and Cavite, according to the state weather bureau's 4 p.m. daily weather forecast. Meanwhile, the Intertropical Convergence Zone will bring cloudy skies with scattered rains and thunderstorms over Surigao del Sur, Davao Oriental, Davao Occidental, Sarangani, and Sultan Kudarat. These moderate to at times heavy rains may cause flash floods and landslides. Partly cloudy to cloudy skies with isolated rain showers or thunderstorms will persist throughout the rest of the country due to the easterlies. These severe thunderstorms may trigger flash floods and landslides. State meteorologists also said winds will be light to moderate, while coastal waters will be slight to moderate throughout the country. Sunrise in Metro Manila will be at 5:28 a.m. on Thursday. —Mariel Celine Serquiña/RF, GMA Integrated News
