MAD 12-5Analyze and Compare Truist and Regions FinancialObj. 7 - Describe and illustrate the use of earnings per share in evaluating acompany's profitability.Truist Financial Corp (TFC) and Regions Financial Corporation (RF) arelarge regional banking companies. The net income and average common sharesoutstanding for both companies were reported in recent financial reports asfollows (in millions):Net incomePreferred dividendsAverage number of common sharesoutstandingb.C.d.Truist$3,224perspective?$196805.1RegionsFinanciala. Determine the earnings per share for each company. Round to the nearestcent.$1,582$79995.0Which company appears more profitable from a total net incomeWhich company appears more profitable from an earnings-per-share perspective?From a stockholder's perspective, is net income or earnings pershare the better relative earnings measure between the two banks?The annual report (10-K) assignment for this chapter is in Appendix C: Nike Annual Report,Chapter 12.Posision Earnings per Share

Investors generally invest in a more profitable company. The company raises capital either by…

MAD 12-5 Analyze and Compare Truist and Regions Financial Obj. 7 - Describe and illustrate the use of earnings per share in evaluating a company's profitability. Truist Financial Corp (TFC) and Regions Financial Corporation (RF) are large regional banking companies. The net income and average common shares outstanding for both companies were reported in recent financial reports as follows (in millions): Net income Preferred dividends Average number of common shares outstanding b. C. d. Truist $3,224 perspective? $196 805.1 a. Determine the earnings per share for each company. Round to the nearest cent. Regions Financial $1,582 $79 995.0 Which company appears more profitable from a total net income Which company appears more profitable from an earnings-per- share perspective? From a stockholder's perspective, is net income or earnings per share the better relative earnings measure between the two banks? e annual report (10-K) assignment for this chapter is in Appendix C: Nike Annual Report, apter 12. Earnings per Share

MAD 12-5 Analyze and Compare Truist and Regions Financial Obj. 7 - Describe and illustrate the use of earnings per share in evaluating a company's profitability. Truist Financial Corp (TFC) and Regions Financial Corporation (RF) are large regional banking companies. The net income and average common shares outstanding for both companies were reported in recent financial reports as follows (in millions): Net income Preferred dividends Average number of common shares outstanding b. C. d. Truist $3,224 perspective? $196 805.1 a. Determine the earnings per share for each company. Round to the nearest cent. Regions Financial $1,582 $79 995.0 Which company appears more profitable from a total net income Which company appears more profitable from an earnings-per- share perspective? From a stockholder's perspective, is net income or earnings per share the better relative earnings measure between the two banks? e annual report (10-K) assignment for this chapter is in Appendix C: Nike Annual Report, apter 12. Earnings per Share

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

MAD 12-5
Analyze and Compare Truist and Regions Financial
Obj. 7 - Describe and illustrate the use of earnings per share in evaluating a
company's profitability.
Truist Financial Corp (TFC) and Regions Financial Corporation (RF) are
large regional banking companies. The net income and average common shares
outstanding for both companies were reported in recent financial reports as
follows (in millions):
Net income
Preferred dividends
Average number of common shares
outstanding
b.
C.
d.
Truist
$3,224
perspective?
$196
805.1
Regions
Financial
a. Determine the earnings per share for each company. Round to the nearest
cent.
$1,582
$79
995.0
Which company appears more profitable from a total net income
Which company appears more profitable from an earnings-per-
share perspective?
From a stockholder's perspective, is net income or earnings per
share the better relative earnings measure between the two banks?
The annual report (10-K) assignment for this chapter is in Appendix C: Nike Annual Report,
Chapter 12.
Posision Earnings per Share

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