Regions Financl Stock Price, News & Analysis

Regions Financial Corporation (RF) has announced the redemption of all 350,000 outstanding depositary shares representing interests in its Series D Preferred Stock. The redemption will take place on June 16, 2025, at a redemption price of $1,000 per Depositary Share (equivalent to $100,000 per share of Series D Preferred Stock). Each Depositary Share represents a 1/100th interest in a share of the Series D Preferred Stock.

The regular quarterly dividend will be paid separately prior to the redemption to holders of record. After the Redemption Date, no Depositary Shares or Series D Preferred Stock will remain outstanding, and dividends will no longer accrue. All Depositary Shares are held in book-entry form through Broadridge Corporate Issuer Solutions, LLC.

Regions Bank has announced the appointment of Angela Santone as Chief People Officer, effective May 12. Santone brings over two decades of HR leadership experience, most recently serving as Senior Executive Vice President of Human Resources at AT&T.

In her new role, Santone will join Regions' Executive Leadership Team and guide all Human Resources priorities, focusing on three key objectives: maintaining the bank's strong corporate culture, building the best team through talent recruitment and development, and enhancing operations across the organization.

The appointment aligns with Regions' strategic growth plans, as highlighted by Chairman, President and CEO John Turner. Santone will oversee HR initiatives for approximately 20,000 professionals across more than a dozen states, working to maintain Regions' reputation as an exceptional workplace, which has been recognized by Gallup for over a decade.

Regions Financial Corp. (NYSE:RF) reported strong Q1 2025 results with net income of $465 million and diluted EPS of $0.51. Adjusted earnings were $487 million with adjusted EPS of $0.54, showing year-over-year increases of 36% and 20% respectively.

Total revenue reached $1.8 billion, reflecting a 2% year-over-year growth. The quarter included $745 million in reported pre-tax pre-provision income and $774 million in adjusted pre-tax pre-provision income. Results were impacted by $25 million of pre-tax realized securities losses from strategic repositioning.

Key metrics include stable deposit growth with total deposits increasing 2.6% to $130.9 billion, while maintaining a strong asset quality with an allowance for credit losses ratio of 1.81%. The efficiency ratio was 57.9% on a reported basis and 56.8% on an adjusted basis, with an effective tax rate of 21%.

Regions Financial (NYSE:RF) has announced its quarterly dividend distributions for both common and preferred stockholders. The company will pay a cash dividend of $0.25 per common share on July 1, 2025, to shareholders of record as of June 2, 2025.

Additionally, the following preferred stock dividends have been declared:

• Series C: $14.25 per share ($0.35625 per depositary share), payable May 15, 2025
• Series D: $1,437.50 per share ($14.375 per depositary share), payable June 16, 2025
• Series E: $11.125 per share ($0.278125 per depositary share), payable June 16, 2025
• Series F: $17.375 per share ($0.434375 per depositary share), payable June 16, 2025

Regions Bank has announced disaster-recovery financial services for communities affected by severe storms, tornadoes, and flooding in the Midwest and Southeast from April 2-7. The bank is offering several temporary relief measures in affected areas of Arkansas, Illinois, Indiana, Kentucky, Missouri, Mississippi, Tennessee, and Texas.

Key financial assistance includes:

• Mortgage Disaster Relief Purchase and Renovation loan programs
• ATM surcharge waivers for both Regions and non-Regions customers (April 15-22, 2025)
• No check-cashing fees for FEMA-issued checks
• Personal and business loan payment assistance
• Credit card payment deferrals
• Business loan payment deferrals up to 90 days (until July 15, 2025)
• Penalty-free CD withdrawals
• 0.50% interest rate discounts on new personal unsecured loans and non-business auto loans

Regions Bank has appointed Brandon Greve as the new head of Regions Investment Services, succeeding Jim Nonnengard who is retiring after a 43-year career in financial services. Greve, who joined the bank in 2009, previously served as Consumer Banking Executive for Central and North Alabama.

The Investment Services division operates through nearly 300 financial advisors and associate financial consultants across 1,200 Regions branches, offering services including portfolio building, stocks, bonds, annuities, and financial planning. The Wealth Management division achieved record revenue in 2024.

The bank also announced leadership changes with Mike Dennis taking over Greve's previous role, and Tyler Lipe succeeding Dennis as Midwest Consumer Banking Executive.

Regions Bank has launched a bank-wide volunteer initiative for Financial Literacy Month in April, focusing on their 'Share the Good' program with the theme 'Building Financial Confidence'. The initiative includes organizing financial wellness events across their multi-state footprint, continuing a 16-year tradition.

The bank's Regions Next Step® program offers free financial education courses covering topics from budgeting to retirement planning. Key events include homeownership programs in Florida markets, budget simulations at HBCUs, fraud-prevention sessions in Mississippi, and financial education programs at various community organizations.

Notable metrics include reaching approximately 1.6 million people with financial education in 2024. The bank is hosting various webinars and workshops throughout April, including 'Building Better Money Habits' sessions and Extra Credit events for students and parents.

Regions Bank has been awarded the 2025 Gallup Exceptional Workplace Award (GEWA) for employee engagement, marking its 11th year of recognition. The award acknowledges the bank's success in maintaining one of the world's most engaged workplace cultures.

Dave Keenan, Regions Chief Administrative and Human Resources Officer, emphasized that employee engagement is fundamental to the company's success, fostering an environment where talent wants to stay and grow. Gallup CEO Jon Clifton praised Regions for creating a workplace where employees feel valued and empowered.

The recognition is based on Gallup's comprehensive workplace study, encompassing data from over 3.3 million employees across 347 organizations in 53 industries and 90 countries. The study shows that highly engaged organizations excel in key business metrics, including customer ratings, profitability, productivity, and employee wellbeing.

Regions Bank has announced disaster-recovery financial services for communities affected by tornadoes that hit the Midwest and Southeast on March 14-15, 2025. The bank is offering several temporary relief measures including:

• Waived ATM surcharges for non-Regions customers in impacted areas (March 20-27, 2025)
• No check-cashing fees for FEMA-issued checks
• Personal and business loan payment assistance
• Credit card payment deferrals
• Business loan payment deferrals up to 90 days (until June 19, 2025)
• Penalty-free CD withdrawals
• 0.50% interest rate discounts on new personal unsecured loans and non-business auto loans

The services are available in affected areas across Alabama, Arkansas, Illinois, Indiana, Louisiana, Mississippi and Missouri, with potential expansion based on damage assessments.