Discontinued — last reported Q4 '23
Card and ATM fees — RevenueFromContractWithCustomerExcludingAssessedTax
Regions Financial Card and ATM fees — RevenueFromContractWithCustomerExcludingAssessedTax remained flat by 0.0% to $126.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.8%, from $128.25M to $126.00M. Over 2 years (FY 2021 to FY 2023), Card and ATM fees — RevenueFromContractWithCustomerExcludingAssessedTax shows relatively stable performance with a 0.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in this metric reflects successful customer acquisition or increased utilization of the bank's payment products. A decline may signal churn or a shift in consumer behavior toward non-bank payment platforms.
Detailed definition
This metric measures the revenue recognized from contracts with customers for card and ATM services, excluding any taxes...
Peer comparison
This is a standard revenue recognition metric used across the banking sector to comply with ASC 606, comparable to 'fee income from contracts' at other financial institutions.
rf_segment_card_and_atm_fees_revenuefromcontractwithcustomerexcludingassessedtaxHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $499.00M | $513.00M | $504.00M |
| YoY Change | — | +2.8% | -1.8% |
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Frequently Asked Questions
- What is Regions Financial's card and atm fees — revenuefromcontractwithcustomerexcludingassessedtax?
- Regions Financial (RF) reported card and atm fees — revenuefromcontractwithcustomerexcludingassessedtax of $126.00M in Q4 2023.
- How has Regions Financial's card and atm fees — revenuefromcontractwithcustomerexcludingassessedtax changed year-over-year?
- Regions Financial's card and atm fees — revenuefromcontractwithcustomerexcludingassessedtax decreased by 1.8% year-over-year, from $128.25M to $126.00M.
- What is the long-term trend for Regions Financial's card and atm fees — revenuefromcontractwithcustomerexcludingassessedtax?
- Over 2 years (2021 to 2023), Regions Financial's card and atm fees — revenuefromcontractwithcustomerexcludingassessedtax has grown at a 0.5% compound annual growth rate (CAGR), from $499.00M to $504.00M.
- What does card and atm fees — revenuefromcontractwithcustomerexcludingassessedtax mean?
- Revenue earned from customer contracts for card and ATM services, excluding taxes.