Regions Financl Stock Price, News & Analysis

Regions Bank has announced Regions Embedded ERP Finance, a new Treasury Management solution powered by Koxa that enables businesses to seamlessly connect their financial data with enterprise resource planning (ERP) systems. The solution eliminates manual data entry by providing real-time access to financial accounts within clients' ERP platforms.

The service offers automated reports for transactions and balances, enhanced internal controls for fraud prevention, and full auditability features. Initially compatible with Workday, Oracle NetSuite, Microsoft Dynamics 365 Business Central, and Sage Intacct, the platform will expand to include more ERP systems over time.

Future enhancements will include capabilities for initiating ACH and wire payments, expense reimbursement, and payroll management directly from Regions Bank accounts within the accounting software. This innovation follows other recent Treasury Management solutions including Regions CashFlowIQ, Visa Commercial Pay Mobile, and BillerXChange.

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 April 1, 2025, to shareholders of record as of March 3, 2025.

For preferred stockholders, the following dividends will be paid on March 17, 2025: Series D at $1,437.50 per share ($14.375 per depositary share), Series E at $11.125 per share ($0.278125 per depositary share), and Series F at $17.375 per share ($0.434375 per depositary share). All preferred stock dividends will be paid to shareholders of record as of March 3, 2025.

Regions Financial Corp. (NYSE:RF) has announced its scheduled participation in the 2025 RBC Capital Markets Global Financial Institutions Conference. The presentation by Regions executives is set for Wednesday, March 5, 2025, beginning at approximately 9:20 a.m. ET.

The event will be accessible to interested parties through a live webcast on the Events and Presentations page of Regions' Investor Relations website. For those unable to attend the live presentation, a replay will be made available on the company's investor relations platform following the event.

Regions Financial (NYSE:RF) has announced a dividend declaration for its Series C Preferred Stock. The Board of Directors has approved a cash dividend of $14.25 per share of Series C Preferred Stock, which is equivalent to approximately $0.35625 per depositary share. The dividend will be payable on February 18, 2025, to stockholders who are on record as of the close of business on February 3, 2025.

Regions Financial Corp. (NYSE:RF) reported strong financial results for 2024, with full-year net income of $1.8 billion and diluted earnings per share of $1.93. The fourth quarter delivered net income of $508 million with diluted EPS of $0.56.

The company achieved record performance across several business segments, including Capital Markets, Wealth Management, and Treasury Management services. Total revenue in Q4 2024 reached $1.8 billion, with net interest margin increasing to 3.55%. The company maintained a solid capital position with a Common Equity Tier 1 ratio of 10.8%.

Notable Q4 metrics include relatively stable average deposits at $126.5 billion and average loans at $96.4 billion. Asset quality remained within expectations, with net charge-offs at $119 million or 0.49% of average loans. The company continued its capital return to shareholders through share repurchases and dividends, while maintaining strong liquidity with approximately $62.6 billion in available funds.

Regions Bank has selected Axway's Amplify Open Banking solution to enhance its open banking capabilities across Consumer Banking, Corporate Banking, and Wealth Management services. The new implementation will replace the current 'screen scraping' method with a more secure API-based solution that gives customers greater control over their financial data sharing.

The enhanced system will require customer consent for individual transactions, eliminating the need for third-party platforms to store banking credentials. Customers will be able to monitor and deactivate data sharing permissions at any time. Corporate Banking clients will benefit from Amplify's Marketplace feature for secure API connections.

The solution includes APIs built to Financial Data Exchange (FDX) standards, an enhanced developer marketplace, and integrated consent management. The implementation is expected to launch in the coming years, with Regions Bank planning to provide educational materials through their online banking platforms to guide customers through the transition.

Regions Bank (RF) announced a reduction in its prime lending rate from 7.75% to 7.50%, effective December 19, 2024. The 25-basis-point decrease in the prime rate will affect various lending products tied to this benchmark rate.

Regions Bank played a significant role in the 83rd annual Magic City Classic, serving as both the Official Bank and first Official Volunteer Sponsor of the largest HBCU football game in the country. The event, featuring Alabama A&M University versus Alabama State University, attracted nearly 70,000 fans and 200,000 participants across various activities.

Almost 200 Regions associates volunteered at various events throughout Birmingham. The bank showcased its support through multiple initiatives, including financial wellness sessions, career opportunity discussions, and the Regions Riding Forward Scholarship program. The event generates millions in revenue for local businesses, and Regions' involvement extends beyond the Classic to various HBCU campus activities across its footprint.

Regions Financial Corp. (NYSE:RF) has announced it will release its fourth quarter and full-year 2024 financial results on Friday, January 17, 2025, before market open. The company will make the results and additional materials available on their Investor Relations website. Company executives will host a live audio webcast at 10:00 AM ET on the same day, which will include a slide presentation. The webcast will be accessible through ir.regions.com, and an archived recording will be available after the event.