Company
Regions Financial Corporation
Headquarters: Birmingham, AL, United States
Founded: 1971
Employees: 19,626
CEO: Mr. John M. Turner Jr.
Market Cap
$18.22 Billion
USD as of July 1, 2024
Regions Financial Corporation Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Company Description
Regions Financial Corporation is a regional bank holding company headquartered in Birmingham, Alabama. Through its banking subsidiary, Regions Bank, it provides retail and commercial banking services, operating more than 1,400 branches and 1,900 ATMs in Southern and Midwestern United States. Regions Financial also offers trust, stock brokerage, and mortgage services.
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $169.00 B |
| China Merchants Bank | $115.76 B |
| ICICI Bank Limited | $101.49 B |
| Al Rajhi Banking and Investment Corp | $84.87 B |
| DBS Group Holdings Ltd | $79.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
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.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
Regions Financial Corporation has the following listings and related stock indices.
Stock: NYSE: RF wb_incandescent
Stock: Bovespa: R1FC34 wb_incandescent
Stock: FSX: RN7 wb_incandescent
Stock: NYSE: RF.PR.B wb_incandescent
Stock: NYSE: RF.PR.C wb_incandescent
Stock: NYSE: RF.PR.E wb_incandescent
Stock: NYSE: RF-B wb_incandescent
Stock: NYSE: RF-C wb_incandescent
Stock: XETR: RN7 wb_incandescent
Product & Services
Commercial bankingRetail bankingMortgage bankingInvestment bankingAsset managementInsurance
Key People
Charles D. Mc Crary, Chairman John M. Turner, Jr., President, CEO David J. Turner, Jr., CFO
Financials
Revenue: $6.762 billion (2018)
Net income: $1.094 billion (2020)
Total assets: $147.3 billion (2021)
Total equity: $15.381 billion (2018)