Regions Financl - RF STOCK NEWS

Regions Financial Corp. (NYSE:RF) will participate in the Credit Suisse Virtual Financial Services Forum on February 24, 2021, with a fireside chat starting at 9:40 a.m. ET. This event will be accessible via a live webcast on Regions' Investor Relations page. Regions Financial, holding $147 billion in assets, is part of the S&P 500 and operates approximately 1,400 banking offices and 2,000 ATMs across the South, Midwest, and Texas through Regions Bank. A replay will be available post-event.

Regions Bank announced Abbas Merchant as the new chief marketing officer, succeeding Michele Elrod. Merchant, who has prior experience at M&T Bank and U.S. Bancorp, aims to enhance customer engagement and elevate the bank’s market presence. Elrod's retirement, effective this month, follows her impactful tenure where she led successful marketing initiatives, including the LifeGreen brand. Regions Financial, with $147 billion in assets, is one of the largest banking providers in the U.S.

Regions Financial Corporation (NYSE:RF) reported substantial growth in its Q4 and full-year 2020 earnings. Q4 net income rose to $588 million, up 61% year-over-year, resulting in diluted EPS of $0.61. For the full year, net income available to common shareholders was $991 million, with revenue increasing by 7%. Adjusted pre-tax pre-provision income climbed 9%. The company showcased strong operating leverage of 2.7% on reported and 2.6% on adjusted basis. CEO John Turner highlighted successful execution and innovation during the challenging COVID-19 environment.

The Regions Financial Corporation (NYSE:RF) has declared a cash dividend of $14.25 per share of Series C Preferred Stock, equivalent to approximately $0.35625 per depositary share. This dividend is payable on February 16, 2021, to stockholders of record at the close of business on February 1, 2021. With assets totaling $145 billion, Regions is a leading financial provider operating around 1,400 banking offices and 2,000 ATMs across the southern, midwestern, and Texan regions.

Regions Bank has introduced exclusive debit cards and checks to commemorate the Alabama Crimson Tide's victory in the College Football Playoff National Championship. The commemorative debit cards can be ordered for $10 and are accessible to all Regions Bank consumer checking account holders. Additionally, checks are available through Regions’ online platform. The announcement signals the bank's support for collegiate athletics, especially in the SEC, where they have a strong presence. Regions Financial Corporation, with $145 billion in assets, is a major banking provider in the South and Midwest.

Regions Bank has announced the return of Financial Fitness Fridays, a no-cost program aimed at educating individuals on budget management and credit improvement. The 2021 sessions will be held virtually during the second half of January, focusing on the importance of good credit for achieving financial goals. The first seminar is scheduled for January 22, discussing strategies to build strong credit reports. Participation is open to everyone, regardless of banking affiliation, highlighting Regions Bank's commitment to enhancing financial wellness.

Regions Financial Corporation (NYSE:RF) will announce its fourth quarter 2020 financial results on January 22, 2021. A live audio webcast featuring executives will start at 11 a.m. ET, with an associated slide presentation. The company, which manages $145 billion in assets, is prominent in consumer and commercial banking, wealth management, and mortgage services across the southern U.S. An archived recording of the event will be available on the Investor Relations website.

Regions Financial Corp. announced the retirement of Chief Operating Officer John Owen, effective March 15, 2021, after a 38-year career in banking, including 13 years at Regions. Owen's leadership has resulted in significant advancements in services, including an upgraded mobile app and recognition in the J.D. Power 2020 U.S. Online Banking Satisfaction Study. Post-retirement, Amala Duggirala will take over Owen's responsibilities. Regions Financial operates with $145 billion in assets and approximately 1,400 banking offices across the U.S.

Regions Bank's financial education program, Regions Next Step, highlights the need for holiday budget planning amid pandemic-induced financial strains. A survey of 1,140 U.S. adults reveals that 48% have a holiday budget, yet only 14% feel fully prepared. Key findings show 37% plan to spend less compared to 2019 and 61% will reduce gift-giving expenses. Regions encourages consumers to utilize free resources for budgeting, manage spending realistically, and protect their purchases during the holiday season.