Market Summary
USD16.52-0.68
Market Closed-3.95%
RF Alerts
RF Stock Price
RF RSI Chart
RF Valuation
RF Price/Sales (Trailing)
RF Profitability
RF Fundamentals
RF Revenue
RF Earnings
Price Action
52 Week Range
13.9424.33
(Low)(High)
Last 7 days
-4.5%
Last 30 days
-11.0%
Last 90 days
-9.7%
Trailing 12 Months
-17.7%
RF Financial Health
RF Investor Care
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Net sales
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Latest Insider Trading transactions for RF
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-08 | Smith Ronald G. | gifted | - | - | -1,000 | sevp |
2023-08-07 | Smith Ronald G. | sold | -209,300 | 20.93 | -10,000 | sevp |
2023-07-03 | Massey Charles Dandridge | back to issuer | -13,259 | 18.29 | -724 | sevp |
2023-07-03 | Massey Charles Dandridge | acquired | - | - | 724 | sevp |
2023-07-01 | Massey Charles Dandridge | acquired | - | - | 17,516 | sevp |
2023-07-01 | Massey Charles Dandridge | sold (taxes) | -103,980 | 17.82 | -5,835 | sevp |
2023-05-17 | Hill J Thomas | bought | 200,134 | 16.7813 | 11,926 | - |
2023-04-19 | Golodryga Zhanna | acquired | - | - | 6,255 | - |
2023-04-19 | Di Piazza Samuel A Jr. | acquired | - | - | 34,676 | - |
2023-04-19 | Davis Noopur | acquired | - | - | 5,864 | - |
Which funds bought or sold RF recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | DecisionPoint Financial, LLC | unchanged | - | -7,924 | 190,817 | 0.10% |
2023-09-26 | BROOKFIELD Corp /ON/ | sold off | -100 | -30,195,500 | - | -% |
2023-09-21 | Baystate Wealth Management LLC | added | 1.29 | -85.00 | 2,806 | -% |
2023-09-20 | BARCLAYS PLC | added | 54.16 | 16,096,000 | 49,623,000 | 0.03% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -22.56 | -6,055 | 17,553 | -% |
2023-09-07 | JAG CAPITAL MANAGEMENT, LLC | sold off | -100 | -2,046,870 | - | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | -925 | 22,275 | 0.03% |
2023-08-30 | Western Wealth Management, LLC | added | 3.44 | -3,427 | 496,235 | 0.04% |
2023-08-25 | Gould Capital, LLC | unchanged | - | -634 | 15,290 | 0.01% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -72,224 | 1,739,230 | 0.02% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
RF Alerts
Schedule 13G FIlings of Regions Financial
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 11.74% | 109,685,449 | SC 13G/A | |
| Feb 03, 2023 | state street corp | 5.38% | 50,287,929 | SC 13G/A | |
| Jan 23, 2023 | blackrock inc. | 10.1% | 94,712,764 | SC 13G/A | |
| Feb 11, 2022 | state street corp | 7.07% | 67,417,692 | SC 13G/A | |
| Jan 10, 2022 | blackrock inc. | 10.1% | 96,711,569 | SC 13G/A | |
| Feb 10, 2021 | state street corp | 5.83% | 55,967,406 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 11.83% | 113,578,234 | SC 13G/A | |
| Feb 01, 2021 | blackrock inc. | 8.9% | 85,447,278 | SC 13G/A | |
| Feb 14, 2020 | state street corp | 5.51% | 53,146,330 | SC 13G | |
| Feb 11, 2020 | vanguard group inc | 12.58% | 121,416,672 | SC 13G/A |
Recent SEC filings of Regions Financial
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 21, 2023 | 8-K | Current Report | |
| Aug 09, 2023 | 4 | Insider Trading | |
| Aug 09, 2023 | 13F-HR | Fund Holdings Report | |
| Aug 08, 2023 | 10-Q | Quarterly Report | |
| Aug 04, 2023 | 8-K | Current Report | |
| Jul 21, 2023 | 8-K | Current Report | |
| Jul 19, 2023 | 8-K | Current Report | |
| Jul 18, 2023 | 4 | Insider Trading | |
| Jul 18, 2023 | 4 | Insider Trading | |
| Jul 18, 2023 | 4 | Insider Trading |
Peers (Alternatives to Regions Financial)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
JPM | 423.2B | 173.2B | -2.08% | 38.81% | 8.85 | 2.44 | 35.92% | 22.61% |
BAC | 212.4B | 110.0B | -7.87% | -10.50% | 7.13 | 1.93 | 51.38% | 6.30% |
WFC | 146.6B | 72.5B | -4.90% | -0.88% | 8.98 | 2.02 | 73.83% | -8.32% |
USB | 49.3B | 25.2B | -13.30% | -20.29% | 8.5 | 1.96 | 79.85% | -14.63% |
PNC | 48.1B | 22.9B | -1.80% | -18.88% | 7.54 | 2.1 | 38.72% | 11.55% |
FHN | 5.7B | 3.5B | -16.55% | -52.80% | 5.16 | 1.63 | 63.30% | 33.69% |
| MID-CAP | ||||||||
CFR | 6.6B | 2.0B | -6.44% | -32.26% | 10.07 | 3.77 | 87.42% | 64.02% |
BOKF | 6.0B | 1.9B | -8.45% | -11.55% | 9.38 | 3.15 | 63.51% | 27.47% |
PNFP | 5.0B | 1.9B | -5.41% | -19.40% | 8.05 | 2.63 | 77.79% | 14.10% |
ZION | 5.0B | 3.4B | -8.10% | -33.10% | 5.64 | 1.44 | 49.65% | 2.44% |
| SMALL-CAP | ||||||||
PRK | 1.5B | 434.3M | -10.39% | -24.64% | 10.68 | 3.46 | 26.93% | -3.25% |
TRMK | 1.3B | 738.4M | -9.66% | -30.10% | 12.6 | 1.77 | 72.51% | -6.48% |
WABC | 1.2B | 270.1M | -4.16% | -16.61% | 7.45 | 4.27 | 51.23% | 68.79% |
HOPE | 1.0B | 919.0M | -11.74% | -30.28% | 5.73 | 1.14 | 55.57% | -16.98% |
Regions Financial News
Returns for RF
Cumulative Returns on RF
8.4%
10-Year Cumulative Returns
10.4%
7-Year Cumulative Returns
0.6%
5-Year Cumulative Returns
13.5%
3-Year Cumulative Returns
Risks for RF
What is the probability of a big loss on RF?
72.3%
Probability that Regions Financial stock will be more than 20% underwater in next one year
44.6%
Probability that Regions Financial stock will be more than 30% underwater in next one year.
18.9%
Probability that Regions Financial stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does RF drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Regions Financial was unfortunately bought at previous high price.
Drawdowns
Financials for Regions Financial
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 10.3% | 6,275 | 5,691 | 5,102 | 4,606 | 4,269 | 4,120 | 4,081 | 4,086 | 4,139 | 4,196 | 4,262 | 4,299 | 4,390 | 4,504 | 4,596 | 4,600 | 4,562 | 4,461 | 4,337 | 4,255 | 4,155 |
| EBITDA | - | - | - | - | - | - | - | 5,599 | 5,569 | 5,626 | 5,669 | 5,629 | 6,256 | 6,182 | 6,131 | 6,156 | 6,202 | 6,153 | 6,132 | - | - | - |
| EBITDA Margin | - | - | - | - | - | - | - | 1.37* | 1.36* | 1.36* | 1.35* | 1.32* | 1.47* | 1.42* | 1.36* | 1.34* | 1.33* | 1.33* | 1.36* | - | - | - |
| Interest Expenses | 5.3% | 5,461 | 5,188 | 4,786 | 4,404 | 4,107 | 3,962 | 3,914 | 3,901 | 3,924 | 3,933 | 3,894 | 3,806 | 3,755 | 3,725 | 3,745 | 3,785 | 3,790 | 3,774 | 3,735 | 3,678 | 3,633 |
| Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | 1,314 | - | - | - | 1,985 | 1,989 | 1,928 | 1,912 | 1,955 | 2,005 | 2,000 |
| EBT Margin | - | - | - | - | - | - | - | 0.32* | 0.32* | 0.32* | 0.31* | 0.31* | 0.47* | 0.45* | 0.44* | 0.43* | 0.43* | 0.42* | 0.42* | - | - | - |
| Net Income | -0.1% | 2,307 | 2,309 | 2,245 | 1,998 | 2,220 | 2,427 | 2,521 | 2,699 | 2,578 | 1,574 | 1,094 | 867 | 746 | 1,350 | 1,582 | 1,599 | 1,754 | 1,739 | 1,759 | 1,688 | 1,435 |
| Net Income Margin | -100.0% | - | 0.41* | 0.44* | 0.43* | 0.52* | 0.59* | 0.62* | 0.66* | 0.62* | 0.38* | 0.26* | 0.20* | 0.17* | 0.30* | 0.34* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 2,714 | 3,102 | 2,587 | 3,107 | 2,895 | 3,030 | 2,268 | 2,108 | 2,256 | 2,324 | 2,822 | 2,904 | 2,790 | 2,581 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.0% | 155,656 | 154,135 | 155,220 | 157,798 | 160,908 | 164,082 | 162,938 | 156,153 | 155,610 | 153,331 | 147,389 | 145,180 | 144,070 | 133,542 | 126,240 | 128,147 | 127,518 | 128,802 | 125,688 | 124,578 | 124,557 |
| Cash Equivalents | 11.9% | 9,886 | 8,833 | 11,227 | 15,666 | 20,500 | 27,945 | 29,411 | 27,507 | 25,594 | 24,920 | 17,956 | 13,473 | 13,198 | 5,255 | 4,114 | 5,067 | 4,488 | 3,807 | 3,538 | 3,495 | 4,286 |
| Net PPE | -4.9% | 1,622 | 1,705 | 1,718 | 1,744 | 1,768 | 1,794 | 1,814 | 1,805 | 1,825 | 1,852 | 1,897 | 1,896 | 1,929 | 1,935 | 1,960 | 1,944 | 1,950 | 2,026 | 2,045 | 2,051 | 2,050 |
| Goodwill | 0% | 5,733 | 5,733 | 5,733 | 5,739 | 5,749 | 5,748 | 5,744 | 5,181 | 5,181 | 5,181 | 5,190 | 5,187 | 5,193 | 4,845 | 4,845 | 4,845 | 4,829 | 4,829 | 4,829 | 4,829 | 4,904 |
| Liabilities | 1.3% | 138,995 | 137,233 | 139,269 | 142,625 | 144,401 | 147,100 | 144,612 | 137,530 | 137,358 | 135,469 | 129,278 | 127,276 | 126,442 | 116,210 | 109,945 | 111,566 | 110,910 | 113,279 | 110,598 | 109,808 | 108,780 |
| Short Term Borrowings | 50.0% | 3,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | 3,150 | 2,050 | 5,401 | 4,250 | 1,600 | 1,600 | 3,250 | 1,400 |
| Long Term Debt | 86.1% | 4,293 | 2,307 | 2,284 | 2,274 | 2,319 | 2,343 | 2,407 | 2,451 | 2,870 | 2,916 | 3,569 | 4,919 | 6,408 | 10,105 | 7,879 | 9,128 | 9,213 | 12,957 | 12,424 | 11,178 | 9,890 |
| Shareholder's Equity | -1.4% | 16,639 | 16,883 | 15,947 | 15,173 | 16,507 | 16,982 | 18,326 | 18,605 | 18,252 | 17,862 | 18,111 | 17,904 | 17,602 | 17,332 | 16,295 | 16,581 | 16,608 | 15,512 | 15,090 | 14,770 | 15,777 |
| Retained Earnings | 5.0% | 7,802 | 7,433 | 7,004 | 6,531 | 6,314 | 5,915 | 5,550 | 5,296 | 4,836 | 4,235 | 3,770 | 3,330 | 2,978 | 3,364 | 3,751 | 3,534 | 3,299 | 3,066 | 2,828 | 2,582 | 2,182 |
| Additional Paid-In Capital | -0.1% | 11,979 | 11,996 | 11,988 | 11,976 | 11,962 | 11,983 | 12,189 | 12,479 | 12,467 | 12,740 | 12,731 | 12,714 | 12,703 | 12,695 | 12,685 | 12,803 | 13,380 | 13,584 | 13,766 | 14,122 | 15,389 |
| Shares Outstanding | 0.4% | 939 | 935 | - | 934 | 934 | 938 | - | 955 | 958 | 961 | - | 960 | 960 | 957 | - | 988 | 1,010 | 1,019 | - | 1,086 | 1,119 |
| Minority Interest | 15.8% | 22.00 | 19.00 | 4.00 | - | - | - | - | 18.00 | - | - | - | - | 26.00 | - | - | - | - | 11.00 | - | - | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -19.3% | 2,190 | 2,714 | 3,102 | 2,587 | 3,107 | 2,895 | 3,030 | 2,268 | 2,108 | 2,256 | 2,324 | 2,822 | 2,904 | 2,790 | 2,581 | 3,088 | 2,936 | 2,699 | 2,275 | 1,564 | 1,805 |
| Cashflow From Investing | 45.9% | -5,648 | -10,438 | -12,941 | -13,585 | -10,373 | -6,397 | -2,865 | 1,625 | 84.00 | 360 | -4,853 | -6,543 | -5,942 | -3,083 | 509 | -989 | -2,296 | -4,689 | -3,045 | -2,636 | -957 |
| Cashflow From Financing | 37.2% | -7,156 | -11,388 | -8,345 | -843 | 2,172 | 6,527 | 11,290 | 10,141 | 10,204 | 17,049 | 16,371 | 12,127 | 11,748 | 1,741 | -2,514 | -527 | -438 | 2,612 | 327 | 806 | -693 |
| Dividend Payments | 4.2% | 718 | 689 | 663 | 640 | 629 | 620 | 608 | 595 | 595 | 595 | 595 | 597 | 589 | 583 | 577 | 574 | 535 | 493 | 452 | 304 | 308 |
| Buy Backs | -100.0% | - | 15.00 | 230 | 530 | 530 | 682 | 467 | 167 | 167 | - | - | 132 | 721 | 911 | 1,101 | 1,339 | 2,032 | 2,077 | 2,122 | 2,252 | 1,470 |
RF Income Statement
2023-06-30CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Interest income on: | ||||
| Loans, including fees | $ 1,454 | $ 932 | $ 2,814 | $ 1,808 |
| Debt securities | 185 | 157 | 372 | 295 |
| Loans held for sale | 10 | 10 | 17 | 19 |
| Other earning assets | 90 | 56 | 177 | 85 |
| Total interest income | 1,739 | 1,155 | 3,380 | 2,207 |
| Interest expense on: | ||||
| Deposits | 260 | 20 | 439 | 33 |
| Short-term borrowings | 42 | 0 | 47 | 0 |
| Long-term borrowings | 56 | 27 | 96 | 51 |
| Total interest expense | 358 | 47 | 582 | 84 |
| Net interest income | 1,381 | 1,108 | 2,798 | 2,123 |
| Provision (credit) for credit losses | 118 | 60 | 253 | 24 |
| Net interest income after provision for credit losses | 1,263 | 1,048 | 2,545 | 2,099 |
| Non-interest income: | ||||
| Total Noninterest Income | 576 | 640 | 1,110 | 1,224 |
| Non-interest expense: | ||||
| Salaries and employee benefits | 603 | 575 | 1,219 | 1,121 |
| Equipment and Software Expense | 101 | 97 | 203 | 192 |
| Net occupancy expense | 73 | 75 | $ 146 | 150 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Other | |||
| Other | 334 | 201 | $ 570 | 418 |
| Total non-interest expense | 1,111 | 948 | 2,138 | 1,881 |
| Income before income taxes | 728 | 740 | 1,517 | 1,442 |
| Income tax expense | 147 | 157 | 324 | 311 |
| Net income | 581 | 583 | 1,193 | 1,131 |
| Net income available to common shareholders | $ 556 | $ 558 | $ 1,144 | $ 1,082 |
| Weighted Average Number of Shares Outstanding, Diluted [Abstract] | ||||
| Basic | 939 | 934 | 938 | 936 |
| Diluted | 939 | 940 | 941 | 943 |
| Earnings Per Share [Abstract] | ||||
| Basic | $ 0.59 | $ 0.60 | $ 1.22 | $ 1.16 |
| Diluted | $ 0.59 | $ 0.59 | $ 1.22 | $ 1.15 |
| Service charges on deposit accounts | ||||
| Non-interest income: | ||||
| Total Noninterest Income | $ 152 | $ 165 | $ 307 | $ 333 |
| Card and ATM fees | ||||
| Non-interest income: | ||||
| Total Noninterest Income | 130 | 133 | 251 | 257 |
| Investment management and trust fee income | ||||
| Non-interest income: | ||||
| Total Noninterest Income | 77 | 72 | 153 | 147 |
| Capital Markets [Member] | ||||
| Non-interest income: | ||||
| Total Noninterest Income | 68 | 112 | 110 | 185 |
| Mortgage income | ||||
| Non-interest income: | ||||
| Total Noninterest Income | 26 | 47 | 50 | 95 |
| Securities gains, net [Member] | ||||
| Non-interest income: | ||||
| Total Noninterest Income | 0 | 0 | (2) | 0 |
| Other [Member] | ||||
| Non-interest income: | ||||
| Total Noninterest Income | $ 123 | $ 111 | $ 241 | $ 207 |
RF Balance Sheet
2023-06-30CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets | ||
| Cash and due from banks | $ 2,480 | $ 1,997 |
| Interest-bearing deposits in other banks | 7,406 | 9,230 |
| Debt Securities held to maturity | 777 | 801 |
| Debt securities available for sale | 27,296 | 27,933 |
| Loans held for sale | 554 | 354 |
| Loans, net of unearned income | 99,191 | 97,009 |
| Allowance for loan losses | (1,513) | (1,464) |
| Net loans | 97,678 | 95,545 |
| Other earning assets | 1,563 | 1,308 |
| Premises and equipment, net | 1,622 | 1,718 |
| Interest receivable | 575 | 511 |
| Goodwill | 5,733 | 5,733 |
| Residential mortgage servicing rights at fair value | 801 | 812 |
| Other identifiable intangible assets, net | $ 226 | 249 |
| Derivative Asset, Statement of Financial Position [Extensible Enumeration] | Other assets | |
| Other assets | $ 8,945 | 9,029 |
| Total assets | 155,656 | 155,220 |
| Deposits: | ||
| Noninterest-bearing Deposit Liabilities | 46,898 | 51,348 |
| Interest-bearing | 80,061 | 80,395 |
| Total deposits | 126,959 | 131,743 |
| Borrowed funds: | ||
| Short-term borrowings | 3,000 | 0 |
| Long-term borrowings | 4,293 | 2,284 |
| Total borrowed funds | $ 7,293 | 2,284 |
| Derivative Liability, Statement of Financial Position [Extensible Enumeration] | Other liabilities | |
| Other liabilities | $ 4,743 | 5,242 |
| Total liabilities | 138,995 | 139,269 |
| Equity: | ||
| Preferred stock | 1,659 | 1,659 |
| Common stock | 10 | 10 |
| Additional paid-in capital | 11,979 | 11,988 |
| Retained earnings | 7,802 | 7,004 |
| Treasury stock, at cost | (1,371) | (1,371) |
| Accumulated other comprehensive income (loss), net | (3,440) | (3,343) |
| Total shareholders’ equity | 16,639 | 15,947 |
| Noncontrolling interest | 22 | 4 |
| Total equity | 16,661 | 15,951 |
| Total liabilities and equity | $ 155,656 | $ 155,220 |
Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. The company also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. As of March 01, 2022, it operated through a network of 1,300 banking offices and 2,000 automated teller machines across the South, Midwest, and Texas. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.