Discontinued — last reported Q4 '23
Mortgage income — RevenueFromContractWithCustomerExcludingAssessedTax
Regions Financial Mortgage income — RevenueFromContractWithCustomerExcludingAssessedTax remained flat by 0.0% to $27.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 30.1%, from $39.00M to $27.25M. Over 2 years (FY 2021 to FY 2023), Mortgage income — RevenueFromContractWithCustomerExcludingAssessedTax shows a downward trend with a -32.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase reflects strong customer demand for mortgage services and effective fee-based service delivery, while a decrease indicates reduced transaction volume or pricing pressure in the mortgage market.
Detailed definition
This metric represents revenue recognized from contracts with customers within the mortgage segment, excluding any taxes...
Peer comparison
Comparable to service-based revenue from contracts with customers reported by other financial services firms under standard accounting frameworks.
rf_segment_mortgage_income_revenuefromcontractwithcustomerexcludingassessedtaxHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $242.00M | $156.00M | $109.00M |
| YoY Change | — | -35.5% | -30.1% |
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Frequently Asked Questions
- What is Regions Financial's mortgage income — revenuefromcontractwithcustomerexcludingassessedtax?
- Regions Financial (RF) reported mortgage income — revenuefromcontractwithcustomerexcludingassessedtax of $27.25M in Q4 2023.
- How has Regions Financial's mortgage income — revenuefromcontractwithcustomerexcludingassessedtax changed year-over-year?
- Regions Financial's mortgage income — revenuefromcontractwithcustomerexcludingassessedtax decreased by 30.1% year-over-year, from $39.00M to $27.25M.
- What is the long-term trend for Regions Financial's mortgage income — revenuefromcontractwithcustomerexcludingassessedtax?
- Over 2 years (2021 to 2023), Regions Financial's mortgage income — revenuefromcontractwithcustomerexcludingassessedtax has grown at a -32.9% compound annual growth rate (CAGR), from $242.00M to $109.00M.
- What does mortgage income — revenuefromcontractwithcustomerexcludingassessedtax mean?
- The core revenue earned from providing mortgage-related services to customers, excluding tax-related items.