Regions Financial Corp. (RF) is well-poised for revenue growth on the back of steady loan growth. The company’s capital distribution activities are backed by a strong liquidity profile. However, elevated expenses and lack of loan portfolio diversification remain near-term concerns.The company currently operates in strategic markets with strong economic and business trends, which are likely to propel loan growth for the bank. In fact, over the past five years (ended 2023), the metric witnessed a compound ann ...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) is scheduled to release its first quarter 2024 financial results on Friday, April 19, 2024. Information will be accessible in the following formats: A news release and additional materials will be made available on Regions’ Investor Relations website at ir.regions.com prior to market open on April 19. Also on April 19, Regions executives will discuss the results via a live audio webcast beginning at 10 a.m. ET. The webcast will be a ...

Regions Financial Corporation (RF) at Bank of America 2024 Financial Services Conference reiterated its net interest income (NII) guidance for the current year. It continues expecting NII to decline to $4.7-$4.8 billion from $5.32 billion in 2023.The bank also mentioned that to achieve the same, the company would have to manage its deposit costs well while keeping it quite competitive.Management is expecting Federal Reserve to implement four rate cuts this year, the first one being around May-June. Such rat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34034 REGIONS FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 63-0589368 (State or other j ...

Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on the Regions boards will begin March 1, 2024. (Photo: Business Wire)Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on t ...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series B preferred shares, Series D preferred shares and Series E preferred shares: A cash dividend of $0.24 on each share of outstanding common stock of the Company, payable on April 1, 2024, to stockholders of record at the close of business on March 1, 2024. A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to ...

SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE:V), a global leader in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world’s foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally. The innovation enables financial institutions to add virtual corporate cards into an employees’ digital wallet – including third-party wallets such as Ap ...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank is the highest-rated bank in Forbes’ newest list of the top 300 U.S. companies for customer service – selected after a year-long survey of 201,000 people providing 4.2 million ratings of more than 3,000 brands. “ We believe the message is resonating: Regions is here to be more than just a bank; our focus is to truly help consumers and businesses chart a personalized path to financial confidence,” said Kristin Julbert, head of Consumer Strategy and Customer Ex ...

Regions Financial Corporation’s (RF) fourth-quarter 2023 adjusted earnings per share of 52 cents surpassed the Zacks Consensus Estimate of 48 cents. The bottom line declined from 67 cents reported in the prior-year quarter.The results have been aided by a rise in deposit balances. However, increasing expenses and a decline in net interest income (NII) and total loan balances affected the bottom line.Net income available to common shareholders was $367 million, down from $660 million reported a year ago.Earn ...

Regions Financial Corporation (NYSE:RF) Q4 2023 Earnings Conference Call January 19, 2024 10:00 AM ET Company Participants Dana Nolan - Investor Relations John Turner - President and Chief Executive Officer David Turner - Chief Financial Officer Conference Call Participants Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Manan Gosalia - Morgan Stanley Ryan Nash - Goldman Sachs John Pancari - Evercore ISI Dave Rochester - Compass Point Gerard Cassidy - RBC Brandon King - Truist Erika Najari ...