Regions Financl Stock Price, News & Analysis

The Regions Financial Corporation (NYSE:RF) Board of Directors declared a cash dividend of $0.17 for common stock, payable on Jan. 3, 2022. Stockholders on record by Dec. 3, 2021 will receive this dividend. Additionally, dividends for Series B, C, D, and E preferred shares were announced, with payment dates spanning November and December 2021. Regions Financial, with $156 billion in assets, is a member of the S&P 500 Index and offers a wide range of banking services across the South, Midwest, and Texas.

Regions Bank has appointed Jason Kaye as senior vice president and relationship manager in its Affordable Housing division, focusing on affordable housing transactions in Florida, Tennessee, Indiana, Kentucky, and Ohio. Kaye brings over 13 years of experience, previously serving at Bank of America, where he managed affordable housing debt and equity opportunities. His leadership is expected to enhance affordable housing initiatives in high-demand markets. Regions Financial Corporation, listed under ticker RF, holds $156 billion in assets and is a significant player in affordable housing finance.

Regions Financial Corp. (NYSE:RF) announced an updated date for its fourth quarter and full year 2021 results, now set for Thursday, Jan. 20, 2022, before market open. This change is a shift from the previously scheduled date of Friday, Jan. 21, 2022. The company will host a conference call at 10 a.m. ET on the same day to discuss the results, with a live audio webcast available on the company’s Investor Relations website.

Regions Financial holds $156 billion in assets and operates over 1,300 banking offices and 2,000 ATMs across the Southern and Midwestern U.S.

Regions Community Development Corporation announced a $2 million equity investment in Optus Bank, a minority depository institution and community development financial institution. This investment aims to strengthen communities and address the racial wealth gap by providing access to capital. Optus Bank has witnessed a 500% growth over the past five years and is part of a $20 million capital raise. Regions' commitment includes prior investments totaling $12 million to support racial equity and economic empowerment initiatives.

Regions Bank has announced its plan to acquire Sabal Capital Partners, enhancing its small-balance commercial real estate lending capabilities. This acquisition will integrate Sabal's technology-driven platform into Regions' Real Estate Capital Markets division. Sabal has originated nearly $6 billion in financing and maintains a servicing portfolio of $5 billion. The deal is expected to close in Q4 2021, pending regulatory approvals, and will not include Sabal's investment management segment.

Regions Financial Corporation has completed the acquisition of EnerBank USA, effective October 1, receiving the necessary regulatory approvals. EnerBank, a leading home improvement lender, will enhance Regions' Consumer Banking Group. This acquisition aligns with Regions' strategy to strengthen its position in the home improvement finance market, serving homeowners and contractors. EnerBank has funded over $12 billion in home improvement projects since its inception in 2002. The transition will maintain the EnerBank brand initially, with gradual integration into Regions.