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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: Recognized as a 2024 Military Friendly Employer, the bank is committed to creating career opportunities for veterans, service members, and military spouses. The Silver Designation is awarded based on the bank's commitment to leveraging military experience and supporting a military-friendly culture. Regions Bank offers various programs to support veterans and military spouses in transitioning to the civilian workforce.
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Regions Bank: Dave Lyder Elevated to Group Leader for Ascentium Capital, Continuing Strategic Approach to Small Business Equipment Financing. Dave Lyder has been appointed as the new group leader for Ascentium Capital, a division of Regions Bank, specializing in streamlined financing support for small businesses. He succeeds Tom Depping, who recently retired after founding Ascentium Capital in 2011. Under Depping's leadership, Ascentium grew to become the largest independent equipment finance company in the country and was acquired by Regions Bank in 2021. With Lyder's leadership, origination volume grew from $440 million in 2014 to $1.8 billion in 2022. Regions Bank offers specialized banking capabilities for small businesses, including SBA loans and a Franchise Lending team.
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Regions Bank (Ticker: REGN) has been designated as a 2024 Military Friendly® Employer by Military Friendly®, recognizing its commitment to creating professional opportunities for veterans, service members, and military spouses. The bank achieved the Military Friendly® Silver Designation, highlighting its support for military-friendly career opportunities.
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Regions Bank: Literacy nonprofit quadruples people served in 3 years, launching 100 Families program to help families move from crisis to career. Supported by Regions Bank with a $5,000 donation.
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Regions Regional Community Development Manager Latrisha Jemison has been honored by Tennessee State University with the first-ever Corporate Engagement Award for her outstanding representation of Regions Bank in support of TSU.
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Regions Bank and Self Financial collaborate to help Regions’ Consumer Banking customers build their credit report files by reporting rent, cell phone, and utility payments to credit bureaus, creating a more complete picture of consumers’ financial habits.
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Regions Bank associates are actively participating in United Way campaigns across their footprint. Last year, Regions contributed $7.2 million to over 150 United Way agencies, with $5.1 million coming from Regions associates. Associates also provide significant volunteer hours. This press release features the stories of United Way influencers and their motivations for serving at this level.
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Regions Financial Corporation (NYSE:RF) will participate in Goldman Sachs’ Financial Services Conference 2023 on December 5. Company executives will deliver remarks at 8:40 a.m. ET. The comments will be accessible via a live webcast on Regions’ Investor Relations website.
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Regions Bank receives a score of 100 on the 2023 Disability Equality Index, making it a 'Best Place to Work for Disability Inclusion' for the third consecutive year. The index is a joint initiative of the American Association of People with Disabilities and Disability:IN, and participation has grown from 80 companies in 2015 to 485 in 2023.
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Regions Financial Corp. announced the retirement of Ward Cheatham, head of Corporate Specialized Banking, at the end of 2023. Joel Stephens will succeed Cheatham as head of Corporate Banking. Rit Amin will succeed Stephens as head of Corporate and Institutional Markets.
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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