Regions Financial Related Content

Regions Financial Names Jordan Head of Retail for Consumer Banking Group

Regions Financial hired John Jordan as head of retail within its consumer banking group. Jordan joined Regions from Bank of America, where he spent more than 20 years in retail banking and wealth management. read more

Regions Financial Appoints Former AutoZone CEO to Board of Directors

Regions Financial appointed, Bill Rhodes, the former president and CEO of AutoZone, to the boards of Regions Financial and its subsidiary, Regions Bank. Rhodes’ term on Regions’ boards will begin March 1. read more

Regions Bank Hires Evans as Market Executive in San Antonio

Regions Bank named Mark Evans the company’s first market executive focused exclusively on San Antonio, further expanding its presence in Texas. Evans is assuming this new role following a decade leading Regions’ commercial banking strategies in north Louisiana and east Texas. read more

Regions Bank Hires Massey as Chief Operations and Technology Officer

Dan Massey joined Regions Bank as chief enterprise operations and technology officer. Massey will report to John Turner, president and CEO of Regions Financial. Massey will serve as a member of Regions’ executive leadership team. read more

Regions Financial Acquires Clearsight Advisors

Regions Financial, the parent company of Regions Bank, entered into a definitive agreement to acquire Clearsight Advisors, a mergers and acquisitions firm. Regions Financial plans to incorporate Clearsight Advisors into Regions Bank’s capital markets division. read more

Regions Bank Names Merchant Chief Marketing Officer as Elrod Retires

Regions Bank named Abbas Merchant chief marketing officer, succeeding Michele Elrod in leading the bank’s corporate marketing group after Elrod announced her retirement. Prior to joining Regions, Merchant served at M&T Bank for 12 years. read more

Regions Financial Reports 3.6% Y/Y Increase in Q2 C&I Loans

Regions recorded an average balance of $36,874 million in commercial and industrial loans and leases in Q2/18, up 1.1% compared to Q1/18 and 3.6% compared to Q2/17. read more

Regions Beats Estimate Despite Tax Act Charge

Regions Financial announced Q4 and full year 2017 earnings of $318 million and $1,193 million, respectively, were up from $278 million and $1,094 million in 2016, despite a tax reform charge of $29 million. read more

Regions Securities Expands Corporate Finance Group

Regions Financial announced Regions Securities has expanded its Corporate Finance group by hiring two managing directors, Gene Bowles and Daniel Hoverman. read more

Regions FY 2016 Earnings up 10% Year/Year

Regions Financial announced 2016 full year earnings of $1.1 billion were up 10% over the prior year. Regions noted net interest income and other financing income increased $100 million year-over-year. read more

Regions Financial Reports 26% Y/Y Earnings Growth in Q3/16

Regions Financial reported Q3/16 earnings of $304 million, up 26% from $242 million in the same quarter a year earlier. The bank noted year/year revenue growth of $103 million. read more

Reuters: Major Regional Banks Prepare for Energy Loan Losses

According to Reuters, five U.S. regional banks put aside millions of dollars during Q1/16 to cover potential losses from loans to the energy sector. read more

Regions Q3 Earnings Off on Higher Non-Interest Expense

Regions Financial reported Q3/15 earnings of $246 million, down 17% from $297 million a year earlier. The bank noted non-interest expense was up $69 million compared to Q3/14. read more

Regions Q2 Earnings Helped by Insurance Proceeds

Regions Financial said Q2/15 earnings of $269 million compared to $288 million a year earlier. The bank noted that revenue was up from the previous year primarily as a result of a non-recurring $90 million insurance claim. read more

Regions Financial Q4 Earnings Miss Expectations

Regions Financial announced Q4 earnings of $195 million or $0.14 per share, down from $219 million a year earlier. Analysts polled by Thompson Reuters expected EPS of $0.21 per share for the quarter. read more

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Terry Mulreany
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