Exhibit 99.2 Regions Financial Corporation and Subsidiaries Financial Supplement (unaudited) Second Quarter 2024 Regions Financial Corporation and Subsidiaries Financial Supplement (unaudited) to Second Quarter 2024 Earnings Release Table of Contents | | Page | | --- | --- | | Financial Highlights | 1 | | Selected Ratios and Other Information* | 2 | | Consolidated Balance Sheets | 3 | | Loans | 4 | | Deposits | 6 | | Consolidated Statements of Income | 8 | | Consolidated Average Daily Balances and Yield / R ...

Regions Financial Corporation (RF) is scheduled to report second-quarter 2024 results on Jul 19, before the opening bell. The bank’s earnings and revenues in the to-be-reported quarter are expected to have declined from the year-ago reported figures.This Birmingham, AL-based player’s first-quarter 2024 earnings missed the Zacks Consensus Estimate due to a rise in expenses and a decline in net interest income (NII). Nonetheless, a rise in non-interest income supported results to some extent.Regions Financial ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Regions Financial (RF) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 19. On ...

Core Viewpoint - Regions Financial Corporation is positioned for growth due to strong loan balances, but faces challenges from high mortgage rates and rising expenses [1][4]. Group 1: Financial Performance - The company has seen improvements in net interest income and net interest margin, driven by solid loan balances and high interest rates [2]. - As of March 31, 2024, Regions Financial had long-term borrowings of $3.33 billion and liquidity sources totaling $40.7 billion, indicating a robust liquidity position that supports sustainable capital deployment [3]. - The bank's mortgage income has been declining due to lower production and sales, impacted by high market interest rates and reduced affordability in the housing market [4]. Group 2: Capital Distribution and Shareholder Value - Regions Financial announced a 20% increase in its quarterly common stock dividend to 24 cents per share in July 2023 [2]. - The company has a share repurchase program of up to $2.5 billion, with $2.13 billion remaining available as of March 31, 2024 [2]. Group 3: Strategic Initiatives - The bank is investing in talent and technology, introducing digital platforms and redesigned mobile apps to enhance user engagement [3]. - Digital sales increased by 17% and mobile banking active users rose by 16% from March 31, 2022, to March 31, 2024 [3]. Group 4: Expense Management - Regions Financial is experiencing rising expenses due to increased salaries, employee benefits, and other costs, despite efforts to manage expenses [4].

Regions Financial Corporation’s (RF) subsidiary, Regions Bank, has launched Regions CashFlowIQ in collaboration with BILL Holdings, Inc. (BILL) . CashFlowIQ is a digital solution intended to make payments easier and simplify cash-management procedures for its commercial clients.BILL is a leading financial operations platform that caters to small and midsize businesses. Its integrated platform allows businesses to control their payables, receivables, and spend and expense management efficiently.Powered by BI ...

Form10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Table of Contents ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 (800) 734-4667 (Registrant's telephone number, including area code) | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | --- | --- | --- | | Common Stock, $.01 par value | RF | New York Stock Exchange | | Depositary Shares, each representin ...

Exhibit 99.3 1st Quarter Earnings Conference Call April 19th, 2024 First Quarter Overview Continue to deliver consistent, sustainable long-term performance 1Q24 Highlights Key Performance Metrics Reported Adjusted(1) • Consistently generating top-quartile returns in our peer group Net Income Available to ...

Eivaisla/iStock via Getty Images Introduction Regions Financial (NYSE:RF) is a regional bank headquartered in Alabama and operating in the Midwest, South and Texas. With a total of in excess of $150B in assets on the balance sheet, Regions Financial is a relatively large bank focusing on making commercial loans. The total exposure to commercial real estate remains relatively low and that should help improve the perception of the bank as investors are currently shying away from banks with a relatively hi ...

Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19).The southeastern regional’s results were driven by higher expenses despite the headcount reduction, FDIC assessments and an adjustment to its securities accounting.By the numbers, the bank showed solid liquidity and cautiously optimistic consumer metrics. It reported a Q1 2024 net income of $343 million, adjusted for increased FDIC special assessment accrual and seve ...

Financial Data and Key Metrics Changes - The company reported first quarter earnings of $343 million, resulting in earnings per share of $0.37, with adjusted items impacting results by approximately $0.07 [6] - Total revenue was $1.7 billion on a reported basis and $1.8 billion on an adjusted basis, indicating resilience in net interest income and fee revenue despite macroeconomic uncertainties [6] - Net interest income declined by approximately 4% linked quarter, with a net interest margin decrease of 5 basis points [10] Business Line Data and Key Metrics Changes - Average loans decreased modestly, with a 1% decline in the business portfolio, while average consumer loans remained stable [8] - Adjusted noninterest income increased by 6% during the quarter, driven by growth in capital markets, particularly in real estate and M&A activity [12] - Adjusted noninterest expense increased by 6% compared to the prior quarter, primarily due to seasonal HR-related expenses and operational losses [13] Market Data and Key Metrics Changes - The mix of deposits shifted from noninterest-bearing to interest-bearing products, with expectations of a low 30% noninterest-bearing mix by mid-2024 [9] - The company anticipates declines in overall deposit balances in the second quarter due to tax payments [8] - The company expects net interest income for 2024 to be between $4.7 billion and $4.8 billion, driven by the ability to reprice deposits [11] Company Strategy and Development Direction - The company is focused on executing its strategic plan, emphasizing soundness, profitability, and growth [7] - There is a commitment to managing expenses prudently while funding investments in the business, with expectations of operational losses around $100 million for the year [13] - The company is exploring opportunities for securities repositioning to optimize capital deployment [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the overall asset quality performing consistent with historical levels, despite some pressure in business lending [7] - The company anticipates that loan growth will be stable to down modestly compared to 2023, reflecting client selectivity and limited demand [8] - Management noted that the competitive landscape for deposits is not as strong due to muted loan growth across the industry [17] Other Important Information - The company ended the quarter with a common equity Tier 1 ratio of 10.3%, executing $102 million in share repurchases and $220 million in common dividends [16] - Adjusted net charge-offs increased by 11 basis points, primarily due to a legacy restaurant credit and a commercial manufacturing credit [14] - The company expects its full year 2024 net charge-off ratio to be between 40 and 50 basis points [15] Q&A Session Summary Question: Noninterest-bearing deposits outlook - Management expects noninterest-bearing deposits to remain in the low 30% range, with confidence in growing these balances through new accounts [17] Question: Loan growth outlook - Management indicated that loan growth is muted, with some industries performing well while others are cautious, and they do not need to push for loan growth in the current environment [23][24] Question: Operational losses - Management clarified that the increase in operational losses was due to warranty claims from deposits, but they expect to meet their operational loss target for the year [26][27] Question: Fee revenue trends - Fee revenue showed strong performance, particularly in treasury management and wealth management, while consumer fees declined due to changes in overdraft policies [60] Question: Credit quality and reserves - Management noted that nonperforming loans increased due to stress in specific industries, but they feel confident in their reserve position [38] Question: Securities repositioning - Management is open to further securities repositioning but will ensure it aligns with their capital deployment strategy [20][33]