Regions Financl Stock Price, News & Analysis

CMS Energy (NYSE: CMS) has successfully completed the sale of EnerBank USA to Regions Bank (NYSE: RF) for approximately $1 billion. The proceeds will be allocated to enhance CMS's core utility operations. EnerBank has been part of CMS for nearly two decades, and CMS expresses confidence in its future under Regions Bank, which aims to leverage EnerBank's capabilities for customer financing solutions. The transaction marks a strategic move to focus on CMS's primary businesses and improve shareholder value.

Regions Bank has launched Regions Now Checking, a Bank On-certified checking account designed to enhance access to banking for underbanked individuals. This account features no overdraft fees and a low monthly fee of $5. It allows traditional banking functionalities such as check writing, online banking, and Zelle® payments. Regions Now Checking aligns with the Bank On National Account Standards and aims to facilitate financial empowerment, especially during the ongoing challenges posed by COVID-19. Regions Bank operates over 1,300 branches and serves customers across the South, Midwest, and Texas.

Regions Financial Corp. (NYSE:RF) will announce its third quarter 2021 financial results on October 22, 2021, via a live audio webcast at 10 a.m. ET. A news release will be accessible on the company's Investor Relations website prior to the event. An associated slide presentation will also be reviewed during the webcast. A replay will be available after the event, and a telephone replay can be accessed until November 22, 2021.

Regions Bank has launched a commemorative debit card and checks to celebrate Mississippi State University's first College World Series National Championship win. This initiative allows current customers to order the Mississippi State National Champions Regions Visa Debit Card and checks through various platforms, including online banking and in-branch services. The debit card costs $10, while the total price for checks may vary. Regions Bank, a member of the S&P 500 Index, operates over 1,300 banking offices and serves a diverse customer base.

Regions Bank has announced its approval as a Freddie Mac Multifamily Optigo® lender, enhancing its Real Estate Capital Markets division's offerings for affordable housing and conventional multifamily financing. This designation complements existing capabilities that include Fannie Mae DUS and FHA/HUD financing. The approval aims to deepen client relationships and attract new clientele by providing innovative financing solutions across various property types including market-rate and affordable multifamily properties.

Regions Bank has launched the Next Step Podcast, a financial wellness resource aimed at enhancing consumer education. The podcast covers personal finance topics such as budgeting, credit, and homeownership, as well as business-related themes like customer engagement and career development. Over 20 episodes are currently available, with more than 60 expected by the end of October. The initiative reflects Regions' commitment to providing accessible financial education resources at no cost, helping consumers make informed money-management decisions.

Regions Financial Corp. (NYSE:RF) will participate in the virtual Barclays Global Financial Services Conference on September 14, 2021. The presentation, led by company executives, is set to start at 10:30 a.m. ET, and will be accessible via a live, listen-only webcast. Investors can tune in through Regions' Investor Relations page, where a replay will also be available post-event. With $156 billion in assets, Regions operates over 1,300 banking offices across the South, Midwest, and Texas.

Regions Bank has introduced financial services to assist individuals and businesses affected by severe flooding in Middle Tennessee. The Regions Foundation has allocated $50,000 in disaster relief grants. Regions is offering various disaster-recovery financial services in impacted counties, including new loan programs, fee waivers, and payment assistance options. The bank emphasizes its commitment to support the recovery process, while its Waverly branch remains closed due to flood damage.