Regions Financl Stock Price, News & Analysis

Regions Bank is partnering with The Scholars, a nonprofit in Texarkana, to empower youth through academic, civic, and entrepreneurial training. Founded by Rhonda Dolberry and Chiquita Burks in 2014, The Scholars initially started with 10 girls and has since expanded to include boys, averaging 30 members. The organization's core themes are inclusion, belonging, and hard work. Students participate in activities like business etiquette workshops, community projects, and professional shadowing. The Scholars also offers hands-on entrepreneurial experience through the 'Keeping History Alive' fundraiser, supported by Regions Bank. The bank's relationship banker team lead, Shanna Johnson Pollins, and Texarkana Main branch manager Ricky Robinette, provide monthly financial education classes to the students. The partnership aims to prepare students to be successful and responsible leaders, with exposure to diverse experiences and historical lessons.

Regions Financial Corp. (NYSE:RF) has announced the schedule for its quarterly earnings releases in 2025. The company will release its Fourth Quarter 2024 results on January 17, 2025, First Quarter 2025 results on April 17, 2025, Second Quarter 2025 results on July 18, 2025, and Third Quarter 2025 results on October 17, 2025. Each release will be followed by a conference call hosted by Regions executives at 10 a.m. ET, accessible through the company's Investor Relations website. Additionally, Regions will issue reaffirming announcements and provide links to archived webcasts and supplementary materials on their website.

Slide Insurance announced securing a $175 million senior credit facility, led by Regions Bank, Synovus Bank, and Texas Capital Bank. This funding will be used to refinance a previous facility and support growth initiatives. CEO Bruce Lucas highlighted the milestone as a testament to Slide's financial strength and commitment to providing affordable insurance solutions. The company has also completed a $1.86 billion reinsurance program and a $210 million catastrophe bond, securing robust protection for the upcoming hurricane season. Slide maintains a strong financial stability rating of 'A' from Demotech.

Angie Granados, owner of Stepping Stones Child Care & Learning Center in Laredo, Texas, credits her success in entrepreneurship to PeopleFund's support. PeopleFund, a nonprofit, offers education, capital, and technical resources to underserved small businesses in Texas.

Granados joined PeopleFund's BIPOC Accelerator Program, which provides weekly seminars and homework. This program helped her navigate business challenges, including the COVID-19 pandemic.

PeopleFund's community partner, the Regions Foundation, has invested in the Small Business Loan Fund, aiding Granados in securing loans to expand her business. Since its inception, PeopleFund has provided over $225 million in financial assistance to more than 5,500 small businesses, significantly impacting Texas's economy.

Regions Bank has launched MagnusCards, an innovative solution to assist neurodivergent and autistic customers with everyday banking tasks. These cards provide audio and visual step-by-step guidance for activities such as using a debit card, opening a checking account, and conducting ATM transactions. Available for download on IOS and Android, the MagnusCards aim to foster financial confidence and independence among users. The initiative reflects Regions Bank's commitment to inclusion and accessibility, developed in partnership with Magnusmode. The company offers additional resources like sensory packs and quiet spaces in branches to further support neurodivergent individuals.

The future is promising for Hispanic business owners in Florida. A December 2023 report from the U.S. Chamber of Commerce indicated rising small business confidence, despite high inflation and a tight labor market. Florida is home to over 600,000 Hispanic small business owners, the second highest in the U.S.

Dario Orozco from Regions Bank highlighted access to capital as a primary challenge, worsened by higher interest rates and inflation. Joey Leyva, a local business owner, emphasized difficulties in hiring bilingual staff and increased payroll costs.

Regions Bank's bilingual managers, such as Zenaida Negron, play a critical role in educating Hispanic business owners about the U.S. banking system. Inflation has had mixed impacts, with some businesses benefiting from a shift in consumer behavior towards Latin supermarkets.

Business owners like Tomas H. Bello are adapting by increasing inventory to meet demand and leveraging capital for growth. Resources, including events and mentorship from the Hispanic Chamber of Metro Orlando, support the vibrant Hispanic business community, which is expanding rapidly due to population growth and favorable economic conditions.

Regions Financial Corp. (NYSE:RF) will announce its second quarter 2024 financial results on July 19, 2024, before the market opens.

The results will be available via a news release and additional materials on the company's Investor Relations website, ir.regions.com.

At 10 a.m. ET the same day, company executives will host a live audio webcast to discuss the results, which will include an associated slide presentation.

An archived recording of the webcast will be accessible on the firm's Investor Relations website after the event.

On June 18, 2024, Regions Bank announced a significant contribution to The Little Bit Foundation, a nonprofit organization in St. Louis severely affected by flooding in July 2022. The bank's $5,000 donation was the first of many from various companies, aimed at helping the foundation recover and continue its mission of breaking the cycle of poverty for thousands of families.

The foundation supports over 50 schools, providing essential supplies and educational support. Recently, Regions Bank's Big Bike event included a 5K run and family walk benefiting the foundation, drawing 600 participants, including 200 children served by the nonprofit. The foundation's efforts include creating a Wellness and Family Support division and expanding therapy services to more schools. They're also relocating to a new permanent headquarters by summer 2024.

On June 14, 2024, Regions Wealth Management highlighted its role in aiding private foundations to support local communities. Regions has helped transform an initial $2 million investment into $40 million, distributing over $40 million in grants. Marcie Braswell, newly appointed head of Regions Philanthropic Solutions, emphasized the importance of building a legacy through charitable giving. Regions has facilitated more than 300 private foundations, significantly impacting various causes like education, healthcare, and housing. The company's approach tailors to clients' specific philanthropic goals, ensuring long-term, flexible, and impactful giving.