Have you been eager to see how Regions Financial Corporation RF performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this AL-based popular bank’s earnings release this morning:An Earnings Beat Regions Financial came out with earnings per share of 20 cents, beating the Zacks Consensus Estimate by a penny. Growth in revenues and an almost stable expense line were primarily responsible for this earnings beat.How Was the Estimate Revision Trend?You should note that the earnings estimate revisions for Regions Financial depicted a neutral stance prior to the earnings release. The Zacks Consensus Estimate has remained stable over the last 7 days.However, Regions Financial has a decent earnings surprise history. Before posting earnings beat in Q1, in the prior four quarters, the company delivered positive surprise in one quarter, negative surprises in the two quarters while results were in line in the remaining one quarter. Overall, the company missed the Zacks Consensus Estimate by an average of 1.40% in the trailing four quarters.Revenue Came In Higher Than Expected Regions Financial posted revenues of $1.37 billion, which outpaced the Zacks Consensus Estimate of $1.34 billion. Moreover, it compared favorably with the year-ago number of $1.29 billion.Key Stats to Note:Average loans and leases increased 5%, while average deposit balances increased 2% Repurchased $175 million of common stock and declared $80 million in common stock dividends Loan-to-deposit ratio at the end of the quarter was 83% What Zacks Rank SaysThe estimate revisions that we discussed earlier have driven a Zacks Rank #4 (Sell) for Regions Financial. However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change. While things apparently look favorable, it all depends on what sense the just-released report makes to the analysts.Check back later for our full write up on this Regions Financial earnings report!Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report REGIONS FINL CP (RF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research