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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 Financial Corp (NYSE: RF) reported 12% year-over-year revenue growth, reaching $2 billion in total revenue for the second quarter of 2023. The company's net income available to common shareholders was $556 million, with earnings per diluted share of $0.59. The increase in revenue was driven by growth in net interest income, contributing to a 6% increase in pre-tax pre-provision income compared to the same quarter in 2022.
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Regions Bank's Dr. Chun Schiros has been named to American Banker magazine's 2023 Most Powerful Women in Banking: Next list. Schiros, the senior vice president and head of Enterprise Data Science for Regions, is recognized for her leadership and expertise in data science and AI strategies. She is the only data scientist in the banking industry to receive this recognition.
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Regions Financial Corp. (RF) appoints Alison Rand as a new member of the boards of Regions Financial Corp. and its subsidiary, Regions Bank, effective October 1, 2023. Rand brings 23 years of experience as the Executive Vice President and Chief Financial Officer of Primerica.
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Regions Bank has granted $50,000 to RIP Medical Debt, erasing $9.1 million of medical debt for 6,000 individuals in Houston and Atlanta. This follows a previous grant of $50,000 that alleviated $12.8 million of debt for 12,000 people. RIP Medical Debt purchases unpaid medical debts at reduced rates and erases them. Regions Bank has also launched financial education tools to help address medical debt.
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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