Regions Financial is a regional bank holding company that provides a wide range of financial services to consumers and businesses across the southeastern United States
The company offers various banking products, including checking and savings accounts, loans, mortgages, and investment services. In addition to traditional banking services, Regions Financial also emphasizes wealth management, commercial banking, and treasury management solutions. With a commitment to community engagement and economic development, the bank strives to foster long-lasting relationships with its customers while supporting local initiatives and businesses.
Regions Bank on Thursday announced Drew Chuba has joined Regions Mortgage as senior vice president, Home Loan Direct centralized sales and enablement manager.
Regions Bank on Wednesday announced its Real Estate Capital Markets division, a national multifamily and health care real estate lender, achieved a top lender ranking in four categories from the U.S. Department of Housing and Urban Development (HUD).
Regions Bank on Thursday announced its latest offering designed to help Treasury Management clients better manage cash flow, optimize liquidity, reduce risks and more clearly anticipate business needs.
The Regions Financial Corporation (NYSERF) Board of Directors today declared the following cash dividends on its common shares, Series D preferred shares, Series E preferred shares and Series F preferred shares:
Regions Financial Corp. (NYSERF) is scheduled to participate in the 2025 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 5, 2025.
U.S. stocks settled lower, as the S&P 500 recorded losses after hitting fresh records on Friday. All three major indices recorded their second consecutive positive week, with the S&P 500 and Nasdaq each gaining around 1.7% last week, while the Dow gained 2.2%.
The Regions Financial Corporation (NYSERF) Board of Directors today declared a cash dividend of $14.25 per share of Series C Preferred Stock outstanding (equivalent to approximately $0.35625 per depositary share), payable on Feb. 18, 2025, to stockholders of record at the close of business on Feb. 3, 2025.
Q4 earnings season officially kicked off this week, with 21 S&P 500 companies (mostly financials) reporting earnings. 14 companies beat estimates, 6 missed, and 1 tied. The average “surprise factor” was 6.4%.
Net interest income (NII), the difference between interest earned and expended, declined marginally to $1.23 billion. Net income rose 36.6% YoY to $534 million during the quarter.
Risk appetite surged on Wall Street at the end of the week, with investors ramping up stock purchases ahead of Monday's market closure for Martin Luther King Day, which is also when Donald Trump will be sworn in as the 47th U.S. president.
Regions Financial Corp. (NYSERF) today reported earnings for the fourth quarter and full-year ended Dec. 31, 2024. The company reported fourth quarter net income available to common shareholders of $508 million and diluted earnings per common share of $0.56. For the full-year 2024, the company reported net income available to common shareholders of $1.8 billion and diluted earnings per common share of $1.93. The company reported $1.8 billion in total revenue during the fourth quarter, including $777 million in reported pre-tax pre-provision income(1) and $816 million in adjusted pre-tax pre-provision income(1). Fourth quarter results were impacted by additional strategic securities repositioning and severance charges.
Regions Bank on Monday announced it has selected Axway, a data integration company, and its Amplify Open Banking solution, to deliver future open banking capabilities for Regions’ Consumer Banking, Corporate Banking and Wealth Management customers.
Morgan Stanley analyst Betsey Graseck said on Monday that the firm is Overweight on big banks following Donald Trump's win and the Republican sweep of the 2024 election.
