Forget the Rating Agencies: We Give Regions Financial a Personal Upgrade

Douglas Estadt submits:

Regions Financial Corporation (RF), a company that offers an array of banking services in the South, was recently downgraded by ratings agencies, Fitch and S&P. While some may struggle to distinguish between the claims of rating agencies and the actual numbers, we know better.

RF, owner of Morgan Keegan Capital Markets, had a change in risk management leadership that sparked ratings agencies to downgrade the stock further. However, we see this change in management as a positive, as it is a strategy by RF to bring stronger and more sensible people into the company.

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