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Regions Financial Corp. - RF STOCK NEWS

Welcome to our dedicated page for Regions Financial news (Ticker: RF), a resource for investors and traders seeking the latest updates and insights on Regions Financial stock.

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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Regions Bank expands the Regions Riding Forward Scholarship Contest in 2024, offering more opportunities for high school and college students to share stories of those who inspired them. Winners will receive $8,000 each for education expenses, with a total of 16 scholarships awarded per year. The program has awarded over $1.4 million in scholarships over 12 years, aiming to support students in reaching their goals.
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Regions' Steve Ross discusses the impact of New Markets Tax Credit (NMTC) program on post-pandemic economic recovery, highlighting increased demand and flexibility in financing options. The PR showcases the role of NMTC in incentivizing growth in low-income communities, aiding businesses and nonprofits in expanding their operations. Steve Ross emphasizes the importance of NMTCs in financing real estate, equipment, and working capital across various sectors. The article also delves into the rising demand for NMTCs among for-profit and non-profit businesses, citing challenges in fundraising post-pandemic. Case studies of North Florida Medical Centers, Inc. and Cultivate Food Rescue illustrate how NMTC investments are driving expansion and fighting food insecurity, respectively.
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Birmingham DEI Network hosts training, book discussion, and author interview with the Lakeshore Foundation CEO, John Kemp, focusing on disability inclusion and advocacy.
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Regions Financial Corp. (NYSE:RF) appoints former AutoZone President and CEO Bill Rhodes to its boards, effective March 1, 2024. Rhodes brings extensive corporate experience to the company, enhancing its leadership.
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Regions Financial Corporation (RF) announced cash dividends on common and preferred stock. The common stock dividend of $0.24 per share will be payable on April 1, 2024. Series B preferred stock will receive $15.9375 per share, Series D preferred stock $1,437.50 per share, and Series E preferred stock $11.125 per share, all payable in March 2024.
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The press release highlights the inspiring journey of John Martin and the Young Black Leaders Alliance (YBLA) in developing youth into leaders who positively impact their communities. Martin's personal story of overcoming challenges and finding mentorship led to the establishment of YBLA, which focuses on student leadership, service, and education. YBLA's initiatives, such as teacher appreciation events and financial education classes, showcase the dedication of its members, like Lauri Mumford and Jalen Roddey, in fostering leadership and growth among young Black men and women.
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Visa (V) introduces enhanced digital wallet capabilities within Visa Commercial Pay in partnership with Conferma Pay, expanding globally and focusing on the Latin America & Caribbean region. The innovation allows adding virtual corporate cards to digital wallets for improved security and convenience. Visa aims to revolutionize B2B payments, reduce manual processes, and enhance financial agility.
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Regions Financial Corp. (NYSE:RF) to participate in the 2024 RBC Capital Markets Global Financial Institutions Conference on March 6, 2024. Executives to present at 11:20 a.m. ET. Webcast available on Regions' Investor Relations page.
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Regions Bank celebrates Black History Month by honoring Black heroes in their communities and recognizing distinguished Black leaders through the History in Motion Award. The 2023 recipient, Judge Vanzetta Penn McPherson, was honored for her lifetime of service defending civil rights. The 2024 winner will be announced later this month. The company also highlights the contributions of their associates, such as Seanna, a leader in the Human Resources Group, who reflects on her time at a Historically Black College and University (HBCU).
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Regions Bank's Chief Legal Officer and Corporate Secretary, Tara Plimpton, was recognized by Yellowhammer News for her leadership and service to the community. Plimpton plays a key role in strategy and decision making for Regions Bank, overseeing Legal matters, Government Affairs, Corporate Governance, and Reputation Management. She also provides counsel to the Regions Board of Directors and manages subpoena processing and eDiscovery operations.
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FAQ

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

The current stock price of Regions Financial (RF) is $24.47 as of January 24, 2025.

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

The market cap of Regions Financial (RF) is approximately 22.2B.

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 Financial Corp.

NYSE:RF

RF Rankings

RF Stock Data

22.24B
906.16M
0.27%
80.83%
3.65%
Banks - Regional
National Commercial Banks
Link
United States of America
BIRMINGHAM