Regions Financl Stock Price, News & Analysis

The Regions Foundation announced a $25,000 grant aimed at supporting families affected by the June 24 collapse of the Champlain Towers South condominium in Surfside. The funds will be directed to the United Way of Miami-Dade’s Operation Helping Hands disaster-recovery fund. Executive Director Marta Mendes-Miguel Self emphasized the community's unity during this tragic time, aiming to assist those grieving losses and rebuilding their lives. The Regions Foundation is committed to various community initiatives, enhancing resilience and well-being across the region.

Regions Bank has announced a new digital solution aimed at enhancing the construction lending process for homebuilders and developers. Collaborating with Built, this cloud-based platform streamlines loan management by connecting builders, inspectors, and lenders. Key features include real-time availability, draw requests, and business analytics. Since its launch, operational improvements have reduced draw turnaround times by over 50%. Regions, a significant player in consumer and commercial banking with $153 billion in assets, is committed to simplifying banking through technology.

Regions Financial Corp. (NYSE:RF) announced the schedule for its quarterly earnings reports in 2022. The earnings announcements will occur pre-market, with the first scheduled for January 21, 2022, and subsequent reports on April 22, July 22, and October 21. Each quarterly report will be followed by a conference call hosted by Regions' executives at 10 a.m. ET. This initiative reflects the company’s commitment to transparency and shareholder engagement, ensuring stakeholders have timely access to financial performance updates.

Regions Financial Corp. (NYSE:RF) has released its inaugural Task Force on Climate-related Financial Disclosures (TCFD) report. The report outlines the company's commitment to addressing climate risks and opportunities through sustainable practices, highlighting initiatives that include over $575 million in renewable energy financing and a 97% year-over-year growth in ESG-focused investments. Regions aims to reduce its carbon emissions by 50% by 2030 and will issue annual TCFD disclosures moving forward, demonstrating its dedication to environmental sustainability.

Regions Financial Corp. (NYSE:RF) is set to release its second quarter 2021 financial results on July 23, 2021. The company will host a live audio webcast at 10 a.m. ET, where executives will discuss the results. An accompanying slide presentation will be reviewed during the event. Investors can access the news release and related materials on Regions' Investor Relations website. A telephone replay will be available from July 23 until August 23, 2021. Regions Financial, with $153 billion in assets, is a key player in consumer and commercial banking.

Regions Financial Corp. (NYSE:RF) successfully passed the Federal Reserve's 2021 Supervisory Stress Test, surpassing all minimum capital requirements. The preliminary Stress Capital Buffer for Q4 2021 through Q3 2022 is set at 2.5%. CEO John Turner highlighted the company's resilient business plan, solid capital position, and diversified revenue as key strengths. Regions is pursuing growth through the impending acquisition of EnerBank USA, expected to close in Q4 2021. The Board will also consider increasing the quarterly common stock dividend in July 2021.

Regions Financial Corp. (NYSE:RF) has appointed Joia M. Johnson to its board, effective July 20, 2021. Johnson, a former chief administrative officer at Hanesbrands Inc., will serve on the Nominating and Corporate Governance Committee and the Risk Committee. Her extensive experience includes board positions at Global Payments Inc. and Crawford & Company. The board will expand to 13 members with 12 independent directors. This addition aims to strengthen governance and strategic initiatives while aligning with Regions' commitment to stakeholder value.