STOCK TITAN

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.

Rhea-AI Summary
Regions Bank announced an equity investment to expand access to affordable housing for seniors in Montgomery. The development, called Freedom Village, will consist of 56 two-bedroom units in a three-story building, specifically designed for people aged 55 and over. The project is being developed by the Community Action Partnership of North Alabama and will provide housing for seniors earning 60% or less of the area median income. Regions Bank's Affordable Housing group facilitated a $13.5 million investment to support the development, which is part of the bank's efforts to provide funding for safe and affordable housing. The project is a collaboration between Regions Bank, the City of Montgomery, the Alabama Housing Finance Authority, and the Bennett Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
none
-
Rhea-AI Summary
Regions Bank is recognized as the highest-rated bank in Forbes' list of the top 300 U.S. companies for customer service. The bank was selected after a year-long survey of 201,000 people providing 4.2 million ratings of more than 3,000 brands. Regions operates approximately 1,250 banking offices and more than 2,000 ATMs across the South, Midwest, and Texas. The head of Consumer Strategy and Customer Experience for Regions, Kristin Julbert, highlighted the focus on helping consumers and businesses chart a personalized path to financial confidence. In 2023, Regions helped customers create more than 855,000 personalized Regions Greenprint financial plans with recommended next steps to achieve financial goals. The ranking was created in collaboration with the research company HundredX, focusing on categories such as knowledge and attitude of staff, speed of service, and handling of returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
Tags
none
-
Rhea-AI Summary
Regions Financial Corp. (NYSE:RF) reported total revenue of $7.6 billion, reflecting 5% year-over-year growth. The company's net income available to common shareholders for the fourth quarter was $367 million, with earnings per diluted share of $0.39. The full-year 2023 net income available to common shareholders was $2.0 billion with record pre-tax pre-provision income of $3.2 billion. The company's total revenue increased 5% to a record $7.6 billion, driven by growth in net interest income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
Tags
Rhea-AI Summary
Regions Bank has been designated as a 2024 Military Spouse Friendly Employer by Military Friendly, recognizing its commitment to creating professional opportunities for military spouses. The bank has also earned this designation for four consecutive years. Clara Green, head of Diversity, Equity, and Inclusion for Regions, emphasizes the value of military experience and insights in strengthening the company. Regions Bank takes intentional steps to support military-friendly career opportunities, including establishing a career transition program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
none
-
Rhea-AI Summary
Regions Bank announces disaster-recovery financial services for people and businesses impacted by the Jan. 9 tornadoes in Northwest Florida and parts of Alabama, Georgia, and South Carolina. The services include mortgage disaster relief programs, business loan payment assistance, ATM fee waivers, and penalty-free CD withdrawals. The bank also offers dedicated teams to help with various banking needs and fraud prevention tips.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
none
-
Rhea-AI Summary
Regions Financial Corporation (RF) has declared a cash dividend of $14.25 per share of Series C Preferred Stock outstanding, payable on Feb. 15, 2024. The dividend is equivalent to approximately $0.35625 per depositary share and will be paid to stockholders of record at the close of business on Feb. 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
Tags
dividends
News
Rhea-AI Summary
Regions' Market Executives and Associates Deliver Thousands of Fidget Toys to 21 Children's Hospitals - Ticker Symbol: REG
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
Tags
none
-
News
Rhea-AI Summary
Regions Affordable Housing (REGI) Announces $5 Billion Investment in Affordable Housing Projects in Nashville, Breaking Ground on Birchstone Village and Highland East
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
none
-
Rhea-AI Summary
Regions Bank (Ticker: REG) launches Women + Wealth program to support and empower women in their financial journeys. The program offers unique events, fresh insights, and one-on-one guidance from professionals. The initiative aims to address the increasing involvement of women in investment and financial planning decisions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.59%
Tags
none
News
Rhea-AI Summary
Regions Community Development Corporation (RCDC) (Ticker: RCDC) Collaborates with Internal Partners to Enhance Technology and Processes to Better Support Mission-Driven Clients
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
none

FAQ

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

The current stock price of Regions Financial (RF) is $27.28 as of November 22, 2024.

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

The market cap of Regions Financial (RF) is approximately 24.6B.

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

24.62B
906.06M
0.27%
80.78%
4.48%
Banks - Regional
National Commercial Banks
Link
United States of America
BIRMINGHAM