Regions Financial Corp. - RF STOCK NEWS

Regions Bank announced the appointment of Andrew Nix as its chief governance officer, effective March 17. Nix will advise the Regions Financial Corporation Board and management on corporate governance best practices, while liaising with institutional shareholders. He brings extensive legal experience in banking, corporate governance, and compliance from Maynard Cooper & Gale PC. The bank, with $147 billion in assets, aims to enhance its governance framework to support its commitment to stakeholders, as stated by Tara Plimpton, chief legal officer.

The Regions Financial Corporation (NYSE:RF) Board of Directors has declared cash dividends for its common and preferred shares. Common shareholders will receive a dividend of $0.155 per share, payable on April 1, 2021. Preferred shareholders will receive $15.9375 per share for both Series A and Series B, with payments scheduled for March 15, 2021. Series D shareholders will receive $1,437.50 per share, also payable on March 15, 2021. These dividends reflect the company’s commitment to returning capital to shareholders.

Regions Financial Corp. (NYSE:RF) will participate in the Credit Suisse Virtual Financial Services Forum on February 24, 2021, with a fireside chat starting at 9:40 a.m. ET. This event will be accessible via a live webcast on Regions' Investor Relations page. Regions Financial, holding $147 billion in assets, is part of the S&P 500 and operates approximately 1,400 banking offices and 2,000 ATMs across the South, Midwest, and Texas through Regions Bank. A replay will be available post-event.

Regions Bank announced Abbas Merchant as the new chief marketing officer, succeeding Michele Elrod. Merchant, who has prior experience at M&T Bank and U.S. Bancorp, aims to enhance customer engagement and elevate the bank’s market presence. Elrod's retirement, effective this month, follows her impactful tenure where she led successful marketing initiatives, including the LifeGreen brand. Regions Financial, with $147 billion in assets, is one of the largest banking providers in the U.S.

Regions Financial Corporation (NYSE:RF) reported substantial growth in its Q4 and full-year 2020 earnings. Q4 net income rose to $588 million, up 61% year-over-year, resulting in diluted EPS of $0.61. For the full year, net income available to common shareholders was $991 million, with revenue increasing by 7%. Adjusted pre-tax pre-provision income climbed 9%. The company showcased strong operating leverage of 2.7% on reported and 2.6% on adjusted basis. CEO John Turner highlighted successful execution and innovation during the challenging COVID-19 environment.

The Regions Financial Corporation (NYSE:RF) has declared a cash dividend of $14.25 per share of Series C Preferred Stock, equivalent to approximately $0.35625 per depositary share. This dividend is payable on February 16, 2021, to stockholders of record at the close of business on February 1, 2021. With assets totaling $145 billion, Regions is a leading financial provider operating around 1,400 banking offices and 2,000 ATMs across the southern, midwestern, and Texan regions.

Regions Bank has introduced exclusive debit cards and checks to commemorate the Alabama Crimson Tide's victory in the College Football Playoff National Championship. The commemorative debit cards can be ordered for $10 and are accessible to all Regions Bank consumer checking account holders. Additionally, checks are available through Regions’ online platform. The announcement signals the bank's support for collegiate athletics, especially in the SEC, where they have a strong presence. Regions Financial Corporation, with $145 billion in assets, is a major banking provider in the South and Midwest.

Regions Bank has announced the return of Financial Fitness Fridays, a no-cost program aimed at educating individuals on budget management and credit improvement. The 2021 sessions will be held virtually during the second half of January, focusing on the importance of good credit for achieving financial goals. The first seminar is scheduled for January 22, discussing strategies to build strong credit reports. Participation is open to everyone, regardless of banking affiliation, highlighting Regions Bank's commitment to enhancing financial wellness.

Regions Financial Corporation (NYSE:RF) will announce its fourth quarter 2020 financial results on January 22, 2021. A live audio webcast featuring executives will start at 11 a.m. ET, with an associated slide presentation. The company, which manages $145 billion in assets, is prominent in consumer and commercial banking, wealth management, and mortgage services across the southern U.S. An archived recording of the event will be available on the Investor Relations website.