Global InformationRegions Financial Corporation information
 | |
 Headquarters at Regions Center | |
Trade name | Regions Bank |
|---|---|
| Company type | Public company |
Traded as | NYSE: RF S&P 500 Index component |
| Industry | Financial services |
| Founded | 1971 as First Alabama Bankshares |
| Headquarters | Regions Center, Birmingham, Alabama U.S. |
Number of locations | 1,952 ATMs and 1,454 banking offices[1] |
Key people | Charles D. McCrary, Chairman John M. Turner, Jr., President, CEO David J. Turner, Jr., CFO |
| Products | Commercial banking Retail banking Mortgage banking Investment banking Asset management Insurance |
| Revenue |  US$7.531 billion (2022) |
Operating income |  US$2.876 billion (2022) |
Net income | US$2.146 billion (2022) |
| Total assets | US$155.22 billion (2022) |
| Total equity | US$15.951 billion (2022) |
Number of employees | 20,073 (2022) |
| Subsidiaries |
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| Capital ratio | Tier 1 10.91% (2022; Basel III Advanced) |
| Website | www |
| Footnotes / references [1] [2] | |
Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama.[3] The company provides retail and commercial banking, trust, stock brokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates about 2,000 automated teller machines and 1,300 branches in 15 states in the Southern and Midwestern United States.[4] Regions is ranked 483rd on the Fortune 500 and 140th on Fortune's list of "America's Most Innovative Companies.[5] Component headquartered in Alabama, Regions is also on the list of largest banks in the United States.
Regions is ranked 434th on the Fortune 500 and is component headquartered in Alabama.[6] Regions is also on the list of largest banks in the United States.
Regions is the largest deposit holder in Alabama and Tennessee. It is also one of the largest deposit holders in Arkansas, Louisiana, Mississippi, and Florida.[7]
The company sponsors Regions Field, a Minor League Baseball stadium in Birmingham, Alabama, and the Tradition golf tournament. It sponsored the Regions Charity Classic, a golf tournament held in 2009 and 2010.
The company has a partnership with Operation HOPE, Inc. to provide free financial education to underserved communities.[8] In 2019, the company expanded its Workday, Inc. system in partnership with EnterpriseAlumni to engage and enable ex-employees to extend their corporate social responsibility initiatives.
- ^ a b "South State Corporation 2018 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ "REGIONS FINANCIAL CORPORATION 2022 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ "Regions Bank says lending will stay muted in first half of 2024". American Banker. January 19, 2024. Retrieved May 14, 2024.
- ^ He, Sophia Acevedo, Evelyn. "Regions Bank Review 2024". Business Insider. Retrieved May 14, 2024.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ "Regions Financial". Fortune. Retrieved May 14, 2024.
- ^ "Fortune 500: Regions Financial". Fortune. Retrieved July 14, 2021.
- ^ "FDIC: Deposit Market Share Reports - Summary of Deposits". Federal Deposit Insurance Corporation.
- ^ "Regions Bank Announces Major Expansion of Financial Education Partnership with Operation HOPE to Include 100 HOPE Inside Locations" (Press release). Business Wire. September 15, 2017.