Regions Financial
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.
| Type | Public | |
| Founded | 1971 | |
| HQ | Birmingham, AL, US | Map |
| Website | regions.com | |
| Employee Ratings | More | |
| Overall Culture | D- | More |
Recent NewsAll News
- Regions Financial Stock Fell 7% In The Last Week, What To Expect?
- CMS Energy sells EnerBank sub to Regions Financial for $960 million in cash
- Regions Financial stock gains after profit, revenue rise above expectations, but NII comes up shy
- Regions Financial reports surprise loss but revenue rises above expectations
Key People/Management at Regions Financial
John M. Turner
President and Chief Executive Officer, Director
David J. Turner
Senior Executive Vice President,
Chief Financial Officer
Bryan R. Grantham
Senior Vice President
Kate R. Danella
Senior Executive Vice President,
Chief Strategy and Client Experience Officer
Amala Duggirala
Senior Executive Vice President,
Chief Operations and Technology Officer
John B. Owen
Senior Executive Vice President,
Chief Operating Officer
Regions Financial Office Locations
Regions Financial has an office in Birmingham
Birmingham, AL, US (HQ)
1900 5th Ave N
Regions Financial Financials and Metrics
Regions Financial Revenue
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
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.6b | 1.6b | 1.6b | 1.7b | 1.7b | 1.7b | 1.6b | 1.6b | 1.7b | 1.7b |
Cost of goods sold | 122.0m | 136.0m | 156.0m | 223.0m | 235.0m | 213.0m | 151.0m | 91.0m | 71.0m | 46.0m |
Gross profit | 1.4b | 1.5b | 1.5b | 1.5b | 1.4b | 1.5b | 1.4b | 1.5b | 1.6b | 1.6b |
Gross profit Margin, % | 92% | 91% | 90% | 87% | 86% | 88% | 90% | 94% | 96% | 97% |
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 414.0m | 789.0m | 1.4b | 394.0m | 784.0m | 1.2b | 162.0m | (52.0m) | 478.0m | 642.0m |
Depreciation and Amortization | 121.0m | 239.0m | 355.0m | 105.0m | 212.0m | 321.0m | 100.0m | 228.0m | 360.0m | 101.0m |
Accounts Payable | 101.0m | (1.6b) | (3.6b) | 1.2b | 480.0m | (186.0m) | 2.6b | 19.3b | 21.0b | 7.1b |
Cash From Operating Activities | 154.0m | 660.0m | 1.3b | 578.0m | 1.3b | 2.1b | 787.0m | 1.6b | 2.3b | 719.0m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 280.6k |
Debt/Equity | 0.5 x |
Debt/Assets | 0.1 x |
Financial Leverage | 7.7 x |
Regions Financial Operating Metrics
Regions Financial's Total Loans was reported to be $84.8b in Q1, 2021.
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATMs | 1.9 k | 1.95 k | 2.03 k | 2.08 k | ||||||||||
Bank Branches | 1.47 k | 1.45 k | 1.43 k | 1.37 k | ||||||||||
Non-performing Loans | $667 m | $609 m | $605 m | $554 m | $506 m | $536 m | $544 m | $470 m | $520 m | $641 m | $624 m | $772 m | $751 m | $746 m |
Total Loans | $80.1 b | $79.82 b | $80.48 b | $81.82 b | $83.15 b | $84.43 b | $83.55 b | $81.82 b | $82.96 b | $88.1 b | $90.55 b | $88.36 b | $85.27 b | $84.76 b |
Regions Financial Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| EnerBank USA | June 08, 2021 | |
| Ascentium Capital | February 28, 2020 | |
| Highland Associates | June 07, 2019 | |
| BlackArch Partners | October 26, 2015 | |
| AmSouth Bancorp | May 26, 2006 | $9.8 b |
| Union Planters Bank | January 23, 2004 | $6 b |
| Independence National Bank | May 17, 2002 | |
| Regions Insurance | February 07, 2001 | |
| Morgan Keegan & Co. | December 18, 2000 | $789 m |
| A-F Leasing, Ltd. |
Regions Financial Revenue Breakdown
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
Regions Financial Online and Social Media Presence
5.24k Twitter followers
Regions Financial has 5.24k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.5% quarter over quarter
Regions Financial's Trends
Twitter Engagement Stats for @RegionsNews
10k
Tweets
1.9k
Following
5.2k
Followers
79
Tweets last 30 days
2.6
Avg. likes per Tweet
88.6%
Tweets with engagement
Regions Financial Company Culture
Overall Culture
D-
53/100
CEO Rating
F
53/100
Compensation
B-
76/100
Regions Financial News and Updates
June 24, 2021
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...
June 08, 2021
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…
April 23, 2021
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,…
July 17, 2020
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…
January 17, 2020
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…
Regions Financial Blogs
September 20, 2021
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.
September 17, 2021
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.
September 16, 2021
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.
September 16, 2021
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.”…
September 16, 2021
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…
September 15, 2021
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.
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.
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