PresentationEbrahim PoonawalaBofA Securities, Research Division So we'll go ahead and get started. So first of all, welcome, everyone, to Bank of America's Annual Financial -- 34th Annual Financial Services Conference. Ebrahim Poonawala, Head of North American Bank's research for BofA. We're on the Day 2 of our conference, or actually Day 3, in earnest began on Monday evening. And I think so far so good. Outside of all the market noise, I think just the updates from the banks across lending, capital markets ...

Summary of Regions Financial Conference Call Company Overview - **Company**: Regions Financial - **Event**: Bank of America's 34th Annual Financial Services Conference Key Points Industry and Market Context - The financial services sector is experiencing constructive updates from banks across lending and capital markets despite market noise [1] - Regulatory clarity is a significant topic, with discussions around Basel endgame proposals and options for regional banks [1] Company Evolution and Strategy - Regions Financial has evolved significantly since the merger with AmSouth in 2006, which was a pivotal moment leading into the financial crisis [6][7] - The bank has developed a strong deposit franchise, which is a competitive advantage, particularly in low-interest-rate environments [9][10] - Regions has improved its interest rate risk management and credit risk management, learning from past challenges [10][11] Financial Performance and Projections - The bank's net interest margin is projected to be between 360-390 basis points, with a focus on maintaining stability across interest rate environments [10][43] - Loan growth is expected to improve, with indications of green shoots in the current quarter [20][22] - The bank has reduced its leveraged lending book by approximately 20% last year, which is expected to support future loan growth [19] Investment and Growth Strategy - Regions is investing in hiring more bankers and enhancing technology to support growth in priority markets [23][24] - The bank is focused on small business deposits, with a significant opportunity to grow from the 400,000 small businesses currently banked [42] - Investments in technology are aimed at improving efficiency and customer experience, including core system transformations [24][28] Risk Management and Credit Quality - The bank reports that upgrades in risk ratings are outpacing downgrades, indicating a healthy credit quality outlook [63] - Regions has a diversified portfolio with a focus on maintaining low credit risk, particularly in sectors previously identified as vulnerable [62][65] Regulatory Environment - The bank benefits from regulatory stability, with no new significant regulations expected to disrupt operations [50] - Capital deployment priorities include dividends, organic loan growth, and potential non-bank acquisitions to enhance revenue sources [52][58] M&A Considerations - Regions is cautious about pursuing M&A due to the disruptive nature of such transactions and prefers to focus on organic growth [59][61] - The bank is open to strategic acquisitions that align with its existing operations and enhance market density [60] Future Outlook - The financial services industry is expected to perform well in 2026, with anticipated loan growth and advancements in technology [68] - Regions Financial is committed to protecting its dividend and maintaining a strong operational focus moving forward [68] Additional Insights - The competitive landscape for deposits remains intense, with a need for continuous investment in capabilities to attract and retain customers [37][39] - The bank's approach to managing deposit costs has been effective, with a reduction of 37 basis points last year [41]

Regions Financial Scheduled to Participate in RBC Global Financial Institutions ConferenceFeb 11, 2026 8:45 AM Eastern Standard Time# Regions Financial Scheduled to Participate in RBC Global Financial Institutions ConferenceShare---Discussion will be accessible via a live webcast on Regions' Investor Relations page.BIRMINGHAM, Ala.--([BUSINESS WIRE])-- [Regions Financial Corp.](NYSE:RF) on Wednesday announced the company is scheduled to participate in the RBC Capital Markets Global Financial Institutions Co ...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corp. (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series E preferred shares and Series F preferred shares: About Regions Financial Corporation Regions Financial Corporation (NYSE:RF), with $160 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions s ...

Company Overview - Regions Financial Corporation (RF) is a prominent U.S. regional banking and financial services company based in Birmingham, Alabama, with a market capitalization of $25 billion. The company operates mainly through its subsidiary, Regions Bank, offering a variety of services including retail and commercial banking, mortgages, credit cards, corporate lending, wealth management, and investment services to individuals, businesses, and institutions [1]. Stock Performance - Over the past 52 weeks, RF has outperformed the broader market, with shares rising 18.2%, compared to a 15.5% gain in the S&P 500 Index. Year-to-date, RF's stock is up 7.5%, which is higher than the S&P 500's 1.9% increase [2]. - RF has also outperformed the iShares U.S. Regional Banks ETF (IAT), which saw an 11.3% rise over the past 52 weeks and a 7.2% increase year-to-date [3]. Recent Developments - On January 21, shares of Regions Financial increased by 3.4% following the announcement of a significant partnership with payments technology firm Worldpay. This collaboration aims to enhance payment processing and cash flow management for business clients, thereby boosting investor confidence in Regions' growth strategy [4]. Earnings Expectations - For the fiscal year ending in December 2026, analysts project RF's earnings per share (EPS) to grow by 11.6% year-over-year to $2.60. The company's earnings surprise history has been mixed, with three out of the last four quarters exceeding consensus estimates [5]. Analyst Ratings - Among the 25 analysts covering RF, the consensus rating is a "Hold," which includes seven "Strong Buy," one "Moderate Buy," 14 "Hold," and three "Strong Sell" ratings. The consensus rating has become more bearish compared to a month ago when it was rated as "Moderate Buy" [5][7]. - On January 21, Argus raised its price target for RF from $29 to $31 while maintaining a "Buy" rating. DA Davidson also reiterated its "Buy" rating. The mean price target of $30.52 indicates a 4.8% premium from current price levels, while the highest price target of $34 suggests an upside potential of 16.8% [7].

Core Insights - The article emphasizes the importance of looking beyond well-known companies to discover undervalued and well-managed organizations that can yield strong returns [1]. Group 1 - The lead analyst for Dividend Kings, Scott Kaufman, has over a decade of experience in the financial sector and focuses on identifying high-quality dividend-growing and undervalued investment opportunities [2]. - The goal of the analysis is to achieve a robust total return through cash dividends and strong capital gains [2].

Core Viewpoint - Regions Financial Corp reported weaker-than-expected fourth-quarter results, with earnings per share of 57 cents, missing the analyst consensus estimate of 61 cents, and quarterly sales of $1.921 billion, falling short of the $1.936 billion estimate [1][2]. Financial Performance - The company’s quarterly earnings were 57 cents per share, below the expected 61 cents per share [1]. - Quarterly sales amounted to $1.921 billion, which was less than the anticipated $1.936 billion [1]. Management Commentary - John Turner, Chairman, President, and CEO, highlighted solid growth in 2025, driven by client attraction across various business lines and record results in Wealth Management and Treasury Management [2]. - Turner expressed optimism about improving economic trends in the U.S., which support the company's momentum and foundation for performance in 2026 [2]. - The company is in a strong capital position and is modernizing its technology to enhance growth and shareholder returns [2]. Analyst Reactions - Following the earnings announcement, analysts adjusted their price targets for Regions Financial [3]. - Piper Sandler analyst Scott Siefers maintained a Neutral rating and raised the price target from $29 to $31 [4]. - Wells Fargo analyst Mike Mayo maintained an Underweight rating and lowered the price target from $30 to $28 [4].

Core Viewpoint - Regions Financial Corp reported weaker-than-expected fourth-quarter results, with earnings per share of 57 cents, missing the analyst consensus estimate of 61 cents, and quarterly sales of $1.921 billion, falling short of the $1.936 billion estimate [1][2]. Financial Performance - The company’s quarterly earnings were 57 cents per share, below the expected 61 cents per share [1]. - Quarterly sales amounted to $1.921 billion, which was less than the anticipated $1.936 billion [1]. Management Commentary - John Turner, Chairman, President, and CEO, highlighted solid growth in 2025, driven by client attraction across various business lines and record results in Wealth Management and Treasury Management [2]. - Turner expressed optimism about improving economic trends supporting the company's momentum and performance foundation for 2026 [2]. - The company is in a strong capital position while modernizing its technology, positioning itself for continued growth and strong shareholder returns [2]. Analyst Reactions - Following the earnings announcement, analysts adjusted their price targets for Regions Financial [3]. - Piper Sandler analyst Scott Siefers maintained a Neutral rating and raised the price target from $29 to $31 [4]. - Wells Fargo analyst Mike Mayo maintained an Underweight rating and lowered the price target from $30 to $28 [4].

Core Viewpoint - Regions Financial Corp is a significant player in the financial services sector, particularly in the southeastern United States, focusing on innovation and customer satisfaction to maintain a competitive edge [1] Financial Performance - In 2025, Regions Financial reported full-year earnings of $2.1 billion, with earnings per share of $2.30, or $2.33 on an adjusted basis [2][6] - The company achieved a return on tangible common equity exceeding 18%, indicating strong financial health and efficiency [3][6] Market Position - Regions Financial has a market capitalization of approximately $24.35 billion and a trading volume of 27.67 million shares [5] - The stock is currently considered modestly overvalued with a GF Value of $23.18, suggesting caution regarding its current valuation [4] Price Target and Growth Potential - Morgan Stanley set a price target of $31 for Regions Financial, indicating an 11.63% potential increase from its current trading price of $27.77 [2][6] - The company has demonstrated effective expense management, achieving 140 basis points of adjusted positive operating leverage and increasing tangible book value per share by 20% [5]

Core Insights - Regions Financial Corporation is a significant entity in the financial services sector, primarily operating in the southeastern United States, offering a variety of banking and financial products [1] Financial Performance - On January 16, 2026, the company reported an EPS of $0.57, which was below the estimated $0.61, reflecting a slight decrease from the previous year's $0.59 [2][6] - The full-year 2025 EPS increased by 19.2% to $2.30, indicating overall growth in earnings despite the quarterly shortfall [2][6] - The company's revenue for the quarter was approximately $1.92 billion, slightly missing the anticipated $1.93 billion, resulting in a revenue surprise of -0.3%, but still marking a 5.8% increase compared to the same period last year [3] Valuation Metrics - Regions Financial has been downgraded to a "Hold" rating, with expected returns for 2026 anticipated to align with the broader market [4] - The forward price-to-earnings (P/E) ratio stands at 10.87, reflecting market expectations for the company's future earnings [4][6] - The company's valuation metrics include a P/E ratio of approximately 11.25, a price-to-sales ratio of about 2.57, an enterprise value to operating cash flow ratio of around 10.85, and an earnings yield of approximately 8.89% [5]