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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.

News
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Regions Bank supports The Mike Slive Foundation's fight against prostate cancer throughout September, donating $1 for every new qualifying consumer transaction. The foundation funds research for prostate cancer and educates men on fighting the disease. Early screening is crucial for high cure rates. The foundation fills a void in the Southeast with high incidences of prostate cancer and limited access to healthcare. The foundation started grant funding within the first year, which is remarkable.
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Regions Bank's head of Consumer Banking, Kate Danella, has been named one of the '25 Most Powerful Women in Banking' by American Banker magazine for the fifth consecutive year. Danella's commitment to innovation and delivering a superior customer experience has had a meaningful impact on customers. She has helped improve financial wellbeing through tools such as Regions Early Pay and the Regions Protection Line of Credit. The bank has also worked to broaden access to homeownership and expanded the use of personalized financial planning tools. Danella's leadership has built solid relationships and deeper trust between the bank and customers.
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The Regions Foundation and DREAM Alive partner to support youth career development in Indianapolis with a $30,000 grant.
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Regions Financial Corp. (NYSE:RF) to release Q3 2023 financial results on Oct. 20, 2023. Executives to review results via webcast at 10 a.m. ET.
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Farmland is seen as an appealing investment in the current market, offering stable returns and low correlation to financial assets. Regions Bank's Natural Resources and Real Estate group manages approximately 125,000 acres of farmland and provides services such as negotiating lease agreements and facilitating agency agreements. The majority of farmland under management is in northwest Alabama, the Tennessee River Valley, Mississippi Delta, Arkansas, Illinois, and Georgia. Ranchland management is also a focus, offering growth opportunities for investors. Regions' farmland team helped a Mississippi client raise cash by selling a portion of the land and using the proceeds to improve the remaining tract. The team works with clients and banking professionals to help achieve financial goals.
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Regions Financial Corp. announces retirement of Chief Risk Officer Matt Lusco and appointment of Russell Zusi as his successor.
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Regions Bank highlights Black entrepreneurs and organizations like the National Urban League during National Black Business Month, emphasizing their commitment to supporting and advancing Black-owned businesses.
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Regions Bank offers financial services to help communities impacted by Hurricane Idalia in Florida, Georgia, and South Carolina.
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Regions Bank associates pitch in to help families with back-to-school expenses by donating school supplies. They exceeded their goal of filling 500 backpacks and collected a total of 702 backpacks. The Birmingham-based Women in Finance group donated 142 pairs of brand-new sneakers. The Memphis market team collected over $5,000 worth of school supplies for Shelby County schools. Regions Bank has a long-standing partnership with Classroom Central, donating art supplies to under-resourced schools in Charlotte. Associates in South Florida filled backpacks with classroom essentials for Kristi House. The Montgomery market team donated 200 backpacks filled with school supplies.
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Regions Bank appoints Anna Brackin as Chief Compliance Officer and Gary Walton as Business Unit Chief Risk Officer for Consumer Banking and Wealth Management divisions.
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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