Regions Financial Corporation
Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama.: 9 The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates 1,952 automated teller machines and 1,454 branches in 16 states in the Southern and Midwestern United States.
Headquarters at Regions Center | |
| Regions Bank | |
| Company type | Public company |
| NYSE: RF S&P 500 Index component | |
| Industry | Financial services |
| Founded | 1971 as First Alabama Bankshares |
| Headquarters | Regions Center Birmingham, Alabama United States |
Number of locations | 1,952 ATMs and 1,454 banking offices |
Key people | Charles D. McCrary, Chairman John M. Turner, Jr., President, CEO David J. Turner, Jr., CFO |
| Products | Commercial banking Retail banking Mortgage banking Investment banking Asset management Insurance |
| Revenue | US$7.531 billion (2022) |
| US$2.876 billion (2022) | |
| US$2.146 billion (2022) | |
| Total assets | US$155.22 billion (2022) |
| Total equity | US$15.951 billion (2022) |
Number of employees | 20,073 (2022) |
| Subsidiaries |
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| Capital ratio | Tier 1 10.91% (2022; Basel III Advanced) |
| Website | www |
| Footnotes / references | |
Regions is ranked 434th on the Fortune 500 and is component headquartered in Alabama. Regions is also on the list of largest banks in the United States.
Regions is the largest deposit holder in Alabama and Tennessee. It is also one of the largest deposit holders in Arkansas, Louisiana, Mississippi, and Florida.
The company sponsors Regions Field, a Minor League Baseball stadium in Birmingham, Alabama, and the Tradition golf tournament. It sponsored the Regions Charity Classic, a golf tournament held in 2009 and 2010.
The company has a partnership with Operation HOPE, Inc., to provide free financial education to underserved community. In 2019, the company expanded its Workday, Inc., system in partnership with EnterpriseAlumni to engage and enable ex-employees to extend their corporate social responsibility initiatives.