Mortgage earnings didn’t move on a quarter-over-quarter basis at Regions Financial Corp., while a modest gain was made with originations. But there was growth in mortgage servicing.
Before income taxes, Regions earned $471 million from continuing operations during the three months ended Sept. 30. Income accelerated from $378 million earned one year prior.
The Birmingham, Alabama-based parent of Regions Bank released the numbers, in addition to other operational and financial metrics, as part of its third-quarter 2016 earnings report.
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From:: Financing