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Regions Financl - RF STOCK NEWS

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Regions Financial Corporation (NYSE: RF), headquartered in Birmingham, Alabama, is a leading member of the S&P 500 Index. With assets totaling $125 billion, Regions operates as one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. The company serves customers across 16 states located in the South, Midwest, and Texas through its subsidiary, Regions Bank, which operates approximately 1,630 banking offices and 2,000 ATMs.

Core Business and Offerings

Regions Financial is committed to enhancing the financial well-being of its customers through a comprehensive range of services. Its core operations include traditional retail and commercial banking, mortgage services, asset management, wealth management, securities brokerage, and trust services. These services are designed to meet the diverse financial needs of individuals, businesses, and communities.

Mission and Values

At the heart of Regions’ operations is its vibrant mission: to make life better. This mission extends to its associates, customers, and communities, guiding the company’s pursuit of creating strong, consistent shareholder value. The company's five core values—Do What Is Right, Put People First, Reach Higher, Focus on Your Customer, and Enjoy Life—are integral to its corporate culture and service approach.

Recent Achievements and Initiatives

Regions Financial is not only a leader in banking but also prioritizes sustainability and community involvement. Recently, the bank has made significant strides in environmental initiatives, such as carbon capture, utilization, and storage (CCUS). By partnering with various clients, Regions helps promote sustainable practices that align with their commitment to environmental stewardship.

Another notable initiative is Regions Bank’s longstanding partnership with Habitat for Humanity, contributing to affordable housing solutions and community development. This program underscores Regions' dedication to social responsibility and creating lasting positive impacts in the communities they serve.

Financial Condition and Outlook

Regions Financial continues to demonstrate robust financial health, successfully navigating market fluctuations while maintaining a stable growth trajectory. The company remains well-capitalized and strategically positioned to leverage opportunities and mitigate risks, ensuring long-term value for its shareholders.

Partnerships and Community Engagement

Regions Financial’s commitment to excellence is further reflected in its collaborations and partnerships. The company's relationship with organizations such as Visa Inc. and various community-based initiatives highlight its proactive approach to forging meaningful partnerships that enhance service delivery and community engagement.

For more information about Regions Financial Corporation and its latest updates, visit their official website or view their full community and privacy & security policy here.

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Kascia Polk, manager of Regions Bank's Villa Rica, Georgia branch, receives the Lee Ann Petty Heart of Service Award, Regions' highest honor for community involvement. Polk's dedication to serving others is highlighted through her work with Beyond the Front Porch, a nonprofit enriching the lives of underserved schoolchildren. Her commitment to community service aligns with Regions' core values, Do What is Right and Put People First, making her a role model for all associates. Polk's recognition coincides with National Volunteer Week, celebrating her outstanding volunteerism and outreach efforts.
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Regions Bank has been recognized by FORTUNE as one of America’s Most Innovative Companies for 2024. The company's innovative approach to product and process innovation, along with a strong innovation culture, has led to this prestigious recognition. Regions Bank focuses on simplifying banking and enhancing customer experience through various new products and services. The bank's commitment to innovation is evident in its efforts to help customers build financial confidence and achieve their goals.
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The Regions Foundation, funded primarily by Regions Bank, is ensuring financial wellness and success by providing resources for teachers, students, and families. They are collaborating with community partners to enhance financial education instruction in schools. The Foundation has granted $25,000 each to three state affiliates of the Council for Economic Education in Mississippi, Georgia, and Alabama, aiming to improve financial literacy among K-12 students. Financial Literacy Month in April highlights their efforts to equip students with essential financial knowledge and skills.
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Regions Financial Corp. (NYSE:RF) reported earnings of $343 million and earnings per diluted share of $0.37 for the first quarter of 2024. Total revenue was $1.7 billion, with notable items impacting results including FDIC special assessment accrual, severance charges, and securities repositioning. The company's core performance, balance sheet strength, and proactive risk management strategies position it for sustainable long-term growth.
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Regions wins the 2024 Degreed Visionary Award for aligning learning with business strategies. The award was presented at the 2024 Degreed LENS conference to Regions Learning Coach Oscar Silva. Degreed named Regions a silver winner 'Learning Marketer of the Year' for its exceptional workplace and commitment to professional development. Regions focuses on upskilling, learning, and professional development for its associates, with Degreed being a key learning resource. The company prioritizes building the best team by investing in hiring, developing, and retaining top talent.
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Regions Financial (NYSE:RF) declares quarterly dividends on common and preferred stock. Common stock dividend of $0.24 per share payable on July 1, 2024. Series B preferred stock dividend of $15.9375 per share payable on June 17, 2024. Series C preferred stock dividend of $14.25 per share payable on May 15, 2024. Series D preferred stock dividend of $1,437.50 per share payable on June 17, 2024. Series E preferred stock dividend of $11.125 per share payable on June 17, 2024.
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Regions Bank receives the 2024 Gallup Exceptional Workplace Award with Distinction for the 10th consecutive year, highlighting their commitment to associate wellbeing and engagement. The award recognizes Regions as one of the top organizations globally for fostering a thriving workplace culture.
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Regions Bank launches Philanthropic Solutions group to support charitable organizations and individuals. Marcie Braswell to lead the team of advisors serving private foundations, family foundations, public charities, endowments, and nonprofits.
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Our House, a nonprofit organization, has been providing support to its community for over 35 years. Recently, they responded to a natural disaster in Little Rock, Arkansas, where an EF-3 tornado caused significant damage. The organization's quick and compassionate actions helped many individuals and families in need. This press release highlights the ongoing dedication of Our House to serve the community in times of crisis.
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Regions Bank launches its 15th annual Share the Good initiative, focusing on helping students build financial confidence. The program includes volunteer efforts to deliver financial education workshops and curriculum to youth programs and schools. The bank's commitment to community outreach is evident through the significant volunteer hours contributed by associates.
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FAQ

What is the current stock price of Regions Financl (RF)?

The current stock price of Regions Financl (RF) is $23.39 as of February 21, 2025.

What is the market cap of Regions Financl (RF)?

The market cap of Regions Financl (RF) is approximately 21.9B.

What services does Regions Financial Corporation offer?

Regions Financial Corporation offers consumer and commercial banking, wealth management, mortgage, and insurance products and services.

Where is Regions Financial Corporation headquartered?

Regions Financial Corporation is headquartered in Birmingham, Alabama.

In which states does Regions Financial operate?

Regions Financial operates in 16 states across the South, Midwest, and Texas.

How many banking offices and ATMs does Regions Bank have?

Regions Bank operates approximately 1,630 banking offices and 2,000 ATMs.

What is Regions Financial's mission?

Regions Financial's mission is to make life better for its associates, customers, and communities, guiding them toward creating strong, consistent shareholder value.

What are Regions Financial's core values?

Regions Financial’s core values are: Do What Is Right, Put People First, Reach Higher, Focus on Your Customer, and Enjoy Life.

What sustainability initiatives has Regions Financial undertaken?

Regions Financial has engaged in sustainability initiatives such as carbon capture, utilization, and storage (CCUS) to reduce environmental impact.

How does Regions Financial contribute to community development?

Regions Financial contributes to community development through partnerships like Habitat for Humanity, providing affordable housing and community support.

What recent financial performance indicators highlight Regions Financial's stability?

Regions Financial's strong capitalization, strategic positioning, and consistent growth trajectory highlight its financial stability.

How does Regions Financial collaborate with other organizations?

Regions Financial collaborates with organizations such as Visa Inc. and engages in various community-based initiatives to enhance service delivery and community engagement.
Regions Financl

NYSE:RF

RF Rankings

RF Stock Data

21.87B
904.87M
0.27%
80.93%
3.63%
Banks - Regional
National Commercial Banks
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United States
BIRMINGHAM