OverviewSuggest Edit

Regions Financial Corporation (also known as Regions Bank) is a provider of consumer and commercial banking, wealth management, and mortgage products and services. It operates in three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment represents its commercial banking functions, including commercial and industrial, commercial real estate, and investor real estate lending. The Consumer Bank segment represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards, and other consumer loans. The Wealth Management segment offers individuals, businesses, governmental institutions, and non-profit entities a range of solutions to enable the transfer of wealth.
TypePublic
Founded1971
HQBirmingham, AL, US
Websiteregions.com
Employee Ratings3.5
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2020)19,406
Job Openings1,159
Revenue (FY, 2020)$6.7 B(-1%)
Share Price (Sept 2021)$19.7
Cybersecurity ratingAMore

Key People/Management at Regions Financial

John M. Turner

John M. Turner

President and Chief Executive Officer, Director
David J. Turner

David J. Turner

Senior Executive Vice President, Chief Financial Officer
Bryan R. Grantham

Bryan R. Grantham

Senior Vice President
Kate R. Danella

Kate R. Danella

Senior Executive Vice President, Chief Strategy and Client Experience Officer
Amala Duggirala

Amala Duggirala

Senior Executive Vice President, Chief Operations and Technology Officer
John B. Owen

John B. Owen

Senior Executive Vice President, Chief Operating Officer
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Regions Financial Office Locations

Regions Financial has an office in Birmingham
Birmingham, AL, US (HQ)
1900 5th Ave N
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Regions Financial Financials and Metrics

Regions Financial Revenue

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Regions Financial's revenue was reported to be $6.66 b in FY, 2020 which is a 1.5% decrease from the previous period.
USD

Revenue (Q1, 2021)

1.7b

Gross profit (Q1, 2021)

1.6b

Gross profit margin (Q1, 2021), %

97.2%

Net income (Q1, 2021)

642.0m

Market capitalization (9-Sept-2021)

18.9b

Closing stock price (9-Sept-2021)

19.7

Cash (31-Mar-2021)

24.9b

EV

(3.1b)
Regions Financial's current market capitalization is $18.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.1b6.4b6.8b6.7b

Revenue growth, %

5%5%(1%)

Cost of goods sold

373.0m602.0m851.0m368.0m

Gross profit

5.7b5.8b5.9b6.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.6b1.6b1.6b1.7b1.7b1.7b1.6b1.6b1.7b1.7b

Cost of goods sold

122.0m136.0m156.0m223.0m235.0m213.0m151.0m91.0m71.0m46.0m

Gross profit

1.4b1.5b1.5b1.5b1.4b1.5b1.4b1.5b1.6b1.6b

Gross profit Margin, %

92%91%90%87%86%88%90%94%96%97%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

4.0b3.5b4.1b18.0b

Accounts Receivable

79.0b82.3b82.1b83.1b

PP&E

2.1b2.0b2.0b1.9b

Goodwill

4.9b4.8b4.8b5.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

3.2b4.3b3.5b3.8b4.5b5.1b5.3b13.2b13.5b24.9b

Accounts Receivable

79.0b79.6b81.0b83.6b82.7b81.9b86.5b88.3b86.1b82.8b

PP&E

2.1b2.1b2.1b2.0b2.0b1.9b1.9b1.9b1.9b1.9b

Goodwill

4.9b4.9b4.8b4.8b4.8b4.8b4.8b5.2b5.2b5.2b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.3b1.8b1.6b1.1b

Depreciation and Amortization

537.0m462.0m426.0m421.0m

Accounts Payable

(2.1b)(2.4b)3.0b25.0b

Cash From Operating Activities

2.3b2.3b2.6b2.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

414.0m789.0m1.4b394.0m784.0m1.2b162.0m(52.0m)478.0m642.0m

Depreciation and Amortization

121.0m239.0m355.0m105.0m212.0m321.0m100.0m228.0m360.0m101.0m

Accounts Payable

101.0m(1.6b)(3.6b)1.2b480.0m(186.0m)2.6b19.3b21.0b7.1b

Cash From Operating Activities

154.0m660.0m1.3b578.0m1.3b2.1b787.0m1.6b2.3b719.0m
USDFY, 2017

Revenue/Employee

280.6k

Debt/Equity

0.5 x

Debt/Assets

0.1 x

Financial Leverage

7.7 x
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Regions Financial Operating Metrics

Regions Financial's Total Loans was reported to be $84.8b in Q1, 2021.
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Regions Financial Acquisitions / Subsidiaries

Company NameDateDeal Size
EnerBank USAJune 08, 2021
Ascentium CapitalFebruary 28, 2020
Highland AssociatesJune 07, 2019
BlackArch PartnersOctober 26, 2015
AmSouth BancorpMay 26, 2006$9.8 b
Union Planters BankJanuary 23, 2004$6 b
Independence National BankMay 17, 2002
Regions InsuranceFebruary 07, 2001
Morgan Keegan & Co.December 18, 2000$789 m
A-F Leasing, Ltd.
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Regions Financial Revenue Breakdown

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Regions Financial revenue breakdown by business segment: 37.7% from Corporate Bank, 54.6% from Consumer Bank and 7.7% from Wealth Management

Regions Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Regions Financial Online and Social Media Presence

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Regions Financial Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    F

    53/100

  • Compensation

    B-

    76/100

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Regions Financial News and Updates

Regions Financial Stock Fell 7% In The Last Week, What To Expect?

Regions Financial, a bank holding company which provides retail banking, commercial banking, mortgage, and other financial services, saw its stock fall by 6.7% to $20 over the last five trading days. In comparison, the broader S&P500 decreased 0.3% over the same period. Further, the company’s...

CMS Energy sells EnerBank sub to Regions Financial for $960 million in cash

CMS Energy Corp. announced Tuesday an agreement to sell its EnerBank USA subsidiary for $960 million in cash to Regions Financial Corp. , as the Michigan-based consumer energy business said it was exiting a "non-core business at a compelling valuation." CMS shares fell 0.2% in premarket trading, wh…

Regions Financial stock gains after profit, revenue rise above expectations, but NII comes up shy

Shares of Regions Financial Corp. rose 0.4% in premarket trading Friday, after the Alabama-based regional bank reported first-quarter profit and revenue that rose above expectations, while net interest income came up shy. Net income increased to $642 million, or 63 cents a share, from $162 million,…

Regions Financial reports surprise loss but revenue rises above expectations

Shares of Regions Financial Corp. inched up 0.1% in premarket trading Friday, as the Alabama-based regional bank reported a surprise second-quarter loss, as credit loss provisions exceeded expectations, although revenue rose more than forecasts. The bank swung to a net loss of $237 million, or 25 c…

Regions Financial profit falls a bit shy of expectation, revenue meets

Regions Financial Corp. reported Friday a fourth-quarter profit that fell a bit short of expectations, while revenue was in line with forecasts. The stock was little changed in light premarket trading. Net income was $366 million, or 38 cents a share, compared with $390 million, or 37 cents a share…
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Regions Financial Blogs

Restoring Homes. Empowering Youth: Regions Foundation Announces $100,000 Grant to Help Elevate North City Neighborhood

Urban League, Dream Builders 4 Equity collaboration supports Hyde Park neighborhood. The post Restoring Homes. Empowering Youth: Regions Foundation Announces $100,000 Grant to Help Elevate North City Neighborhood appeared first on Doing More Today.

On the Air: Regions Business Radio

Host J.D. Mealor navigates the conversations that matter most. The post On the Air: Regions Business Radio appeared first on Doing More Today.

Keep the Celebration Going: Regions Bank Launches Mississippi State Baseball Championship Debit Card and Checks

Exclusive debit card and checks savor the Bulldogs’ victory. The post Keep the Celebration Going: Regions Bank Launches Mississippi State Baseball Championship Debit Card and Checks appeared first on Doing More Today.

For Many Students, This Changes Everything

Eugene McCall knows he’s making a difference. He’s reminded at every graduation. It’s a nearly indescribable feeling when one of his students walks across the stage in cap and gown. “My heart tickles!” McCall exclaimed. “My eyes water, and I know we are doing something special and making an impact.”…

Regions Bank Names Doug Howard Regions Investment Solutions Area Investment Executive for East Tennessee and North Carolina

KNOXVILLE, Tenn. – September 16, 2021 –  Regions Bank announced Thursday Doug Howard has been promoted to lead the Regions Investment Solutions team for East Tennessee and North Carolina as senior vice president and area investment executive. Howard brings extensive investment and operational experi…

Customized Solutions: Regions Bank’s Capital Markets Division Adds Freddie Mac Multifamily Financing Services

Freddie Mac Multifamily Lender approval complements Regions’ focus on affordable housing and conventional multifamily financing. The post Customized Solutions: Regions Bank’s Capital Markets Division Adds Freddie Mac Multifamily Financing Services appeared first on Doing More Today.
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Regions Financial Frequently Asked Questions

  • When was Regions Financial founded?

    Regions Financial was founded in 1971.

  • Who are Regions Financial key executives?

    Regions Financial's key executives are John M. Turner, David J. Turner and Bryan R. Grantham.

  • How many employees does Regions Financial have?

    Regions Financial has 19,406 employees.

  • What is Regions Financial revenue?

    Latest Regions Financial annual revenue is $6.7 b.

  • What is Regions Financial revenue per employee?

    Latest Regions Financial revenue per employee is $342.9 k.

  • Who are Regions Financial competitors?

    Competitors of Regions Financial include Truist, Nomura Holdings and First Republic Bank.

  • Where is Regions Financial headquarters?

    Regions Financial headquarters is located at 1900 5th Ave N, Birmingham.

  • Where are Regions Financial offices?

    Regions Financial has an office in Birmingham.

  • How many offices does Regions Financial have?

    Regions Financial has 1 office.