Regions Financial Corp (N:RF)

Business Focus: Banks

Sector:  Financials Industry:  Banks
See Regulatory Filings on SEC
Company Contact
Address: 1900 5th Ave N
BIRMINGHAM AL 35203-2610
Tel: N/A
IR: See website
Key People
Charles Douglas McCrary
Independent Chairman of the Board
Scott M. Peters
Senior Executive Vice President and Head of Consumer Banking Group of registrant and Regions Bank.
John M. Turner
President, Chief Executive Officer, Director
David J. Turner
Chief Financial Officer, Senior Executive Vice President of the Company and the Bank
John B. Owen
Chief Operating Officer, Senior Executive Vice President of Registrant and Regions Bank
C. Matthew Lusco
Senior Executive Vice President, Chief Risk Officer of the Company and the Bank
Fournier Jos Gale
Senior Executive Vice President, General Counsel, Corporate Secretary of the Company and the Bank
David R. Keenan
Senior Executive Vice President and Chief Human Resources Officer of Registrant and Regions Bank.
Kate R. Danella
Executive Vice President, Head of Strategic Planning and Consumer Bank Products and Originations Partnerships
Hope Dana Mehlman
Executive Vice President, Chief Governance Officer
Business Overview
Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It operates in three segments: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth. It provides traditional commercial, retail and mortgage banking services, as well as other financial services.
Financial Overview
For the fiscal year ended 31 December 2019, Regions Financial Corp interest income increased 6% to $4.64B. Net interest income after loan loss provision decreased 5% to $3.4B. Net income applicable to common stockholders excluding extraordinary items increased 2% to $1.5B. Net interest income after loan loss provision reflects wealth management segment decrease of 7% to $164M, Net Interest Margin, Total -% decrease of 1% to 3.45%.
Employees: 19,564 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $14,185M as of Dec 31, 2019
Annual revenue (TTM): $4,639M as of Dec 31, 2019
EBITDA (TTM): $2,838M as of Dec 31, 2019
Net annual income (TTM): $1,503M as of Dec 31, 2019
Free cash flow (TTM): $1,723M as of Dec 31, 2019
Net Debt Last Fiscal Year: $3,780M as of Dec 31, 2019
Shares outstanding: 957,393,175 as of Feb 24, 2020
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization