Annuncio • Jul 18
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on October 1, 2024 The Regions Financial Corporation Board of Directors declared cash dividend of $0.25 on each share of outstanding common stock of the Company, payable on October 1, 2024, to stockholders of record at the close of business on September 3, 2024. The dividend of $0.25 represents a $0.01 increase over the most recent quarterly common dividend. Annuncio • Jun 15
Regions Bank Launches CashFlowIQ Regions Bank and BILL announced the launch of Regions CashFlowIQSM, a digital solution designed to simplify payments and streamline cash-management processes for Regions’ commercial clients. Regions CashFlowIQ, powered by BILL,provides advanced accounts payable and accounts receivable capabilities to help businesses securely pay bills, invoice customers, and receive payments faster. Regions CashFlowIQ will leverage BILL’s flexible payment offerings to provide more choices and capabilities for domestic and international payments. Here’s how it works: Enhanced Efficiency and Visibility: Businesses can initiate bill payments, create and send customized invoices, track payment information, streamline workflow approvals needed to approve payments, and automate payments all within the Regions OnePass® portal. Automatic Sync and Payments Reconciliation: This feature helps clients reconcile their financial books by automatically syncing with accounting software. The platform integrates with many accounting software options currently available. Payments Flexibility: Clients can leverage multiple payment options from BILL, such as credit or debit card, virtual card, ACH, check, and international wires to complete transactions. This gives clients greater flexibility to make secure domestic or international payments. Leveraging cashflow management solutions continues to be top of mind for clients who are looking for a streamlined and efficient financial management resource. Regions Bank continues to invest in innovative technology resources that provide a digital accounts management benefit to its clients. Annuncio • Apr 18
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on July 1, 2024 The Regions Financial Corporation Board of Directors declared cash dividend of $0.24 on each share of outstanding common stock of the Company, payable on July 1, 2024, to stockholders of record at the close of business on June 3, 2024. Annuncio • Apr 02
Regions Financial Appoints John Jordan as Head of Retail Regions Financial Corp. announced John Jordan has joined its Consumer Banking Group as head of Retail. He will lead an organization of more than 7,500 Regions Bank associates, including frontline branch teams, regional branch-banking leaders and support functions. The Retail Banking team is part of Regions’ broader Consumer Banking organization serving 4.5 million consumer households and small-business customers through branches in 16 states and beyond. Services are delivered in Regions’ primary markets through branch, digital and phone channels, as well as mortgage loan officers. Services also extend outside Regions’ primary banking footprint through point-of-sale home improvement loans offered by the contractor network of EnerBank, Regions’ home improvement finance division. Jordan joins Regions from Bank of America, where he spent more than 20 years in retail banking and wealth management as well as client experience, strategy, national sales and service operations, products, programs, and analytics. Highlights of his tenure include the launch of the Bank of America Preferred Rewards® program. In his most recent position, Jordan led The Academy – a team of coaches and learning professionals providing onboarding and education to more than 150,000 Bank of America employees each year. As head of Retail for Regions Bank, Jordan reports directly to Danella. His responsibilities include oversight of the Consumer Bank’s retail branches, management and support teams, as well as the organizations directing retail sales and fair lending. His appointment is effective April 1, 2024. Jordan graduated from Auburn University with a Bachelor of Science in Industrial and Systems Engineering and earned his Master of Business Administration from the University of Virginia’s Darden Graduate School of Business Administration. He is a founding board member of the nonprofit Next Step Clubhouse in Charlotte, which provides social and recreational activities for people with special needs. Along with his family, Jordan actively supports The Exceptional Foundation in Birmingham – a nonprofit with the same mission that currently provides year-round social and recreational activities to more than 700 people ranging from ages 5 to 81. At Bank of America, he was co-sponsor of its Disability Action Network employee group. Annuncio • Mar 28
Regions Bank Announces Executive Changes Regions Bank announced a promotion at the firm. Financial services leader Katie Such has been promoted to head of Regions Affordable Housing. Such takes over from Rob Chiles, who is retiring after 35 years in the financial services industry. Annuncio • Feb 16
Regions Financial Corporation and Regions Bank Appoints Bill Rhodes to the Boards of Directors and Member of Audit Committee and the Compensation and Human Resources Committee, Effective March 1, 2024 Regions Financial Corp. announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on the Regions boards will begin March 1, 2024. An experienced corporate executive, Rhodes, 58, in January concluded a successful 18-year tenure as President and CEO of AutoZone, where he continues to serve as Executive Chairman. Rhodes has been with AutoZone for 29 years overall. Over the course of Rhodes’ tenure as President and CEO, AutoZone roughly doubled its number of auto parts stores, grew its workforce to approximately 120,000 people, increased revenues by more than three times and consistently enhanced its online presence and services. Prior to being named as AutoZone’s CEO, Rhodes served in a variety of executive roles for the Memphis-based company, including leading store operations as well as overseeing the supply chain, information technology and finance departments. Rhodes began his career with Ernst & Young. Rhodes is a graduate of the University of Tennessee at Martin with a Bachelor of Science in Business Administration and Accounting. He earned a Master of Business Administration from the University of Memphis. Having lived in Memphis for over 50 years, Rhodes is active in the community and serves on several industry and nonprofit boards. He is the current chair of the Coalition for Auto Repair Equality and serves on boards of the Retail Industry Leaders Association, Youth Programs Inc., the National Civil Rights Museum, and the University of Tennessee Board of Trustees, and is a member of the J.R. Hyde III Family Foundation Board of Trustees. With the addition of Rhodes, the Regions Boards will consist of 15 members. Upon joining the Regions Boards, Rhodes will serve on the Audit Committee and the Compensation and Human Resources Committee. Annuncio • Feb 15
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on April 1, 2024 The Board of Directors of Regions Financial Corporation declared a quarterly cash dividend of $0.24 per share on each share of outstanding common stock of the company, payable on April 1, 2024, to stockholders of record at the close of business on March 1, 2024. Annuncio • Jan 17
Regions Bank Launches Disaster-Recovery Financial Services Following Recent Tornadoes Regions Bank announced a series of disaster-recovery financial services designed to help people and businesses impacted by the Jan. 9 tornadoes in Northwest Florida and parts of Alabama, Georgia and South Carolina. Special options available for a limited time in affected communities1 include: Regions Mortgage Disaster Relief Purchase and Renovation loan programs, Regions will waive ATM surcharges for non-Regions customers using Regions ATMs in the impacted areas1 for seven days beginning Jan. 17, 2024., Non-Regions ATM fees will be waived when Regions customers use other banks’ ATMs in the impacted areas for seven days beginning Jan. 17, 2024. (Note: Fees charged by other banks or ATM owners may still apply.), No check-cashing fees will be charged for FEMA-issued checks when cashed in a Regions branch.2, Personal and business loan payment assistance is available.3, Payment deferrals are available for current credit card holders.3, Business loan payment deferrals of up to 90 days are available, expiring April 16, 2024.3, One penalty-free CD withdrawal is available upon request (unless within seven days of issuance or renewal) for up to 90 days, expiring April 16, 2024., An interest rate discount of up to 0.50% on new personal unsecured loans when customers in impacted areas apply in a branch or by phone4. The offer is available for up to 90 days, expiring April 16, 2024., An interest rate discount of up to 0.50% on non-business auto loans when customers in impacted areas apply in-branch or by phone4. The offer is available for up to 90 days, expiring April 16, 2024. Annuncio • Oct 27
Regions Financial Corp. Announces Executive Changes, Effective Jan. 1, 2024 Regions Financial Corp. announced that Ward Cheatham will retire as head of Corporate Specialized Banking and a member of the company’s Executive Leadership Team at the end of 2023. The company’s current head of Capital Markets, Joel Stephens, has been named to succeed Cheatham, and the bank’s current head of Corporate and Institutional Markets, Rit Amin, will succeed Stephens. Cheatham joined Regions in 1996 as a Commercial Real Estate executive. Throughout his time at Regions, he served in a variety of leadership roles across the Corporate Banking Group, including division executive for Commercial and Industrial Lending, Capital Markets, Leasing, Healthcare and Asset-Based Lending. In addition, he served as head of Commercial Middle Market and Treasury Management Sales. Stephens joined Regions in 2008 to lead the Real Estate Capital Markets Group. He was named head of Capital Markets in 2019. During his 15 years at Regions, Stephens has been instrumental in expanding Regions’ services and solutions for Capital Markets clients. Examples include growing specialized banking teams managing HUD lending for multifamily and senior housing developments, building greater agency lending solutions through Fannie Mae and Freddie Mac, delivering Low-Income Housing Tax Credit program services, and guiding Commercial Real Estate loan syndication efforts. Additionally, Stephens helped lead the integration of Sabal Capital Partners into Regions Real Estate Capital Markets, an acquisition expanding Regions’ work in small-balance Commercial Real Estate lending through SNAP®, a technology-enabled platform that automates and drives efficiencies across the life-of-loan process, from loan origination through servicing. Amin is a veteran banker of nearly 30 years who joined Regions in 2013 as head of Corporate and Institutional Markets. During his decade-long tenure in this role, Amin has led teams providing clients with advisory and capital-raising expertise across a variety of industries and capital markets including loan, fixed income and equity markets. Amin’s experience and insights have also been key to the successful integration of acquired affiliates BlackArch Partners in 2015 and Clearsight Advisors in 2021. BlackArch Partners and Clearsight Advisors are advisory firms for mergers and acquisitions that operate across multiple industry sectors serving entrepreneurs and private equity clients. Under Amin’s direction, Regions also expanded its mergers-and-acquisitions corporate finance and advisory capabilities for middle market and corporate clients. Cheatham, Stephens and Amin will work collaboratively through the remainder of 2023 on the transition process for these key leadership roles. The leadership changes are effective Jan. 1, 2024. Annuncio • Oct 19
Regions Financial Corporation Declares Quarterly Common Stock Dividend, Payable on January 2, 2024 The Regions Financial Corporation's Board of Directors declared cash dividend of $0.24 on each share of outstanding common stock of the Company, payable on January 2, 2024, to stockholders of record at the close of business on December 8, 2023. Annuncio • Sep 22
Regions Financial Corp. Announces Executive Changes Regions Financial Corp. announced Chief Risk Officer Matt Lusco will retire at the end of 2023 following a nearly 45-year career in risk, finance, auditing, and accounting roles. Russell Zusi has been named to succeed Lusco effective January 2, 2024. Zusi joins Regions from Bank of America, where he has spent nearly 20 years in Risk Management and Finance roles, leading to his most recent position as co-head of Global Compliance and Operational Risk and Global Technology and Operations Chief Risk Officer. In this role, Zusi was responsible for overseeing the company’s strategy, governance, and execution of the Compliance and Operational Risk program. He prioritized comprehensive risk-management coverage and a culture of effectively managing risks, including ensuring a prudent control environment while supporting the company’s growth strategy. He also maintained strong relationships with key regulators and supervisory institutions worldwide, the bank’s senior leadership team, governance committees and the board of directors. Zusi will serve on the company’s Executive Leadership Team. His responsibilities will include overseeing Regions’ company-wide risk-management functions, including Financial Risk, Non-Financial Risk, Compliance and Regulatory Risk, Enterprise Risk, Risk Initiative Management and Integration, and Business Unit Risk Groups for the Corporate Banking Group, Consumer Banking Group, and Wealth Management. Zusi graduated from Cornell University with a Bachelor of Science in Operations Research and Industrial Engineering and a Master of Business Administration. He serves as a board member and head of the finance committee for LIFESPAN, a nonprofit supporting people with disabilities. Annuncio • Sep 14
Regions Financial Corporation Announces Executive Changes Regions Bankon Wednesday announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton recently joined the bank as Business Unit Chief Risk Officer for Regions’ Consumer Bankingand Wealth Management divisions. As Chief Compliance Officer, Brackin will lead an experienced team of risk management professionals who support the entire bank and its customer base. Areas of focus include building on Regions’ foundation of thorough compliance programs, consistently ensuring a prudent regulatory risk framework, and helping protect Regions and its customers from financial loss or harm. Brackin assumes the role following the recent retirement of Doug Jackson after a 34-year career at Regions. Brackin will report to Regions Chief Risk Officer Matt Lusco. Brackin joined Regions in 2020 as head of Corporate Banking Strategy and Administration. Over the last three years, Brackin more closely aligned essential functions within the Corporate Banking group, such as risk controls and compliance, program and process management, analytics and reporting, and more. Additionally, she promoted the development of new frameworks to further empower teams while ensuring a consistent approach in decisioning and project execution. Her new, company-wide leadership role enables Brackin to leverage her deep experience in the compliance arena to further evolve processes and procedures across the bank in support of Regions’ compliance and risk-management functions. Before joining Regions, Brackin held leadership roles in the Risk Management, Operations, and Wholesale Banking division at SunTrust Bank for 12 years. Responsibilities ranged from execution to oversight for enterprise-wide risk functions such as BSA/AML/OFAC programs, Information Security Risk Management programs, and Fraud Strategy and Operations. Walton comes to Regions from Union Bank, where he served as Chief Credit Officer and Executive Risk Officer. His 34-year banking career also includes risk management roles at SunTrust, InfiLink and Bank of America. Annuncio • Jun 16
Regions Bank Announces Head of Its Homebuilder Finance Changes Regions Bank announced the hire of Fred Behnke to serve as head of its Homebuilder Finance. He previously served as regional manager for Region Bank's eastern region. He is to take over from Danny Hill, who has retired. Annuncio • Feb 16
Regions Financial Corporation Declares Cash Dividend, Payable on April 3, 2023 The board of directors of Regions Financial Corporation declared a cash dividend of $0.20 on each share of outstanding common stock of the Company, payable on April 3, 2023, to stockholders of record at the close of business on March 10, 2023. Annuncio • Jan 21
Regions Financial Corporation Reports Net Loans Charged-Off for the Fourth Quarter Ended December 31, 2022 Regions Financial Corporation reported net loans charged-off for the fourth quarter ended December 31, 2022. For the quarter, the company reported net loans charged-off of $69 million against $44 million a year ago. Annuncio • Apr 24
Regions Financial Corporation (NYSE:RF) announces an Equity Buyback for $2,500 million worth of its shares. Regions Financial Corporation (NYSE:RF) announces a share repurchase program. Under the program, the company will repurchase up to $2,500 million worth of its shares. The repurchase program will continue until First quarter of 2022. Annuncio • Jan 08
Regions Bank Appoints Seanna McGough as Head of Learning and Development Regions Bank announced that Seanna McGough, who previously served as chief learning officer at Wells Fargo, has joined the company as head of learning and development. McGough is currently based in Charlotte and working remotely due to the pandemic. She succeeds Sue Hengel, who is retiring. McGough, who has spent her 22-year career at Wells Fargo, previously led a team of more than 600 employees and was responsible for all functional learning programs. In addition to learning and development, her roles with the bank have involved recruitment and diversity, among other areas. In her new role, which includes leadership, professional, skills and compliance training for all associates, McGough reports to Chief Administrative and Human Resources Officer Dave Keenan. Annuncio • Dec 10
Regions Financial Corporation Announces Management Changes Regions Financial Corp. announced Chief Operating Officer John Owen will retire effective March 15, 2021, following a nearly 38-year career in business and banking, the last 13 of which have been at Regions. Following his retirement from Regions, Owen’s Enterprise Operations, Information Technology, and Data and Analytics responsibilities will be led by Regions’ Chief Operations and Technology Officer, Amala Duggirala. Duggirala will begin reporting directly to John Turner. Kate Danella, currently Regions’ head of Strategic Planning and Consumer Bank Products and Origination Partnerships, will fill the newly created role of Chief Strategy and Client Experience Officer. Danella will lead the bank’s Strategic Planning, Digital Banking, Customer Experience, Corporate Communications, Corporate Marketing and Community Affairs divisions. Danella will continue to report to Turner. Additionally, Dave Keenan, Regions’ Chief Human Resources Officer, will become Chief Administrative and Human Resources Officer and will lead business groups including Human Resources, Diversity and Inclusion, Learning and Development, Talent Acquisition, and Corporate Real Estate and Procurement. Keenan will continue reporting to Turner. Annuncio • Oct 04
Regions Financial Corporation to Report Q2, 2019 Results on Jul 19, 2019 Regions Financial Corporation announced that they will report Q2, 2019 results at 11:00 AM, US Eastern Standard Time on Jul 19, 2019 Annuncio • Jul 30
Regions Financial Corporation (NYSE:RF) completed the acquisition of Ascentium Capital LLC from Warburg Pincus Private Equity XII, L.P. of Warburg Pincus LLC. Regions Financial Corporation (NYSE:RF) entered into a definitive agreement to acquire Ascentium Capital LLC from Warburg Pincus Private Equity XII, L.P. of Warburg Pincus LLC on February 27, 2020. The transaction is expected to close during the second quarter of 2020, subject to satisfaction of customary closing conditions. As of March 12, 2020, Federal trade commission approval was received.
Morgan Stanley & Co. LLC served as financial advisor to Regions in connection with the transaction and Sullivan & Cromwell LLP served as its legal counsel. Piper Sandler & Co. served as financial advisor to Ascentium Capital and Cleary Gottlieb Steen & Hamilton LLP and James M. Garrett, Shane M. Tucker, Sean Becker and Todd Way of Vinson & Elkins LLP served as legal counsel to Ascentium Capital and the sellers.
Regions Financial Corporation (NYSE:RF) completed the acquisition of Ascentium Capital LLC from Warburg Pincus Private Equity XII, L.P. of Warburg Pincus LLC on April 1, 2020. Annuncio • Jun 20
Regions Financial Corporation to Report Q2, 2020 Results on Jul 17, 2020 Regions Financial Corporation announced that they will report Q2, 2020 results on Jul 17, 2020 
