Regions Financial Corporation
RF-PE
New York Stock Exchange16.04
USD
-0.08
- -
Regions Financial Corporation
RF-PE
(New York Stock Exchange)
Recent
price
16.04
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Regions Financial Corporation (NYSE: RF; RF-PE), headquartered in Birmingham, Alabama and founded in 1971 through the merger of three Alabama banks, operates as a full-service regional bank holding company and S&P 500 member that provides consumer and commercial banking, wealth management, and mortgage products and services through its primary subsidiary Regions Bank across approximately 1,250 branches and 2,000 ATMs in the South, Midwest, and Texas. The company conducts business in three main segments: Corporate Bank, offering commercial and industrial lending, commercial real estate and investor real estate loans, equipment lease financing, treasury management, capital markets activities including securities underwriting, loan syndication, foreign exchange, derivatives, merger and acquisition advisory, and deposit products to corporate, middle-market, and real estate clients; Consumer Bank, delivering residential first mortgages, home equity lines and loans, consumer credit cards, small business loans, indirect loans, other consumer lending, and deposit accounts including checking and savings via its branch network and digital platforms; and Wealth Management, providing credit-related services, trust administration, investment and asset management, retirement planning, savings solutions, estate planning, financial planning, and insurance products to high-net-worth individuals, families, businesses, governmental institutions, and non-profits. Regions Financial maintains a robust asset base exceeding $150 billion, with deposit balances around $128 billion and loans near $98 billion as of late 2024, while generating revenue from net interest income on loans and investments alongside noninterest fees from financial services. Recent strategic initiatives include a focus on inorganic growth through acquisitions such as Clearsight Advisors in late 2021 to enhance technology-sector M&A advisory within Capital Markets, alongside earlier purchases of EnerBank USA for home improvement lending, Sabal Capital Partners for lending technology, and Highland Associates in 2019 for not-for-profit wealth management and healthcare capabilities; the company continues pursuing bolt-on opportunities in wealth management and nonbank M&A amid market disruptions, reported strong 2024 full-year net income of $1.8 billion, and plans talent expansion with 90 new revenue producers by 2026, AI-driven business insights powering 35% of Corporate Bank opportunities, and deposit growth averaging 5% over six years through primary checking accounts and repositioning 600 bankers in high-growth markets.