Discontinued — last reported Q4 '23
Regions Financial Commercial Credit Fee Income — RevenueFromContractWithCustomerExcludingAssessedTax remained flat by 0.0% to $26.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $24.00M to $26.25M. Over 2 years (FY 2021 to FY 2023), Commercial Credit Fee Income — RevenueFromContractWithCustomerExcludingAssessedTax shows an upward trend with a 7.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase reflects successful execution of service-based contracts and growth in commercial client engagement, whereas a decrease suggests potential contract churn or lower service volume.
This metric measures the revenue recognized from contracts with customers related to commercial credit services, excludi...
Comparable to 'Revenue from contracts with customers' or 'Service charges on deposit accounts and credit services' reported under ASC 606 by peer financial institutions.
rf_segment_commercial_credit_fee_income_revenuefromcontractwithcustomerexcludingassessedtax| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $91.00M | $96.00M | $105.00M |
| YoY Change | — | +5.5% | +9.4% |