Regions Financial Corporation
Headquarters at Regions Center | |
| Regions Bank | |
| Company type | Public |
| 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 |
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$9.153 billion (2023) |
| US$2.607 billion (2023) | |
| US$1.976 billion (2023) | |
| Total assets | US$152.94 billion (2023) |
| Total equity | US$17.493 billion (2023) |
Number of employees | 20,101 (2023) |
| Subsidiaries |
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| Capital ratio | Tier 1 10.91% (2022; Basel III Advanced) |
| Website | www |
| Footnotes / references | |
Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama. 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.
Regions is ranked 428th on the Fortune 500 and is component headquartered in Alabama. 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.
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. 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.