Regional bank shares slump as lenders warn of more pain from higher interest rates
Signage is displayed outside of a Comerica Bank branch in Torrance, California, on March 13, 2023. Patrick T. Fallon | AFP | Getty Images Stock Chart IconStock chart icon Regional banks selling off Regions Financial, a Birmingham, Alabama-based lender, posted a 6.5% decline in net interest income (NII) compared with the previous quarter. The bank…