regions financial corporation, with $125 billion in assets, is a member of the s&p 500 index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage and insurance products and services. regions serves customers in 16 states across the south, midwest and texas, and through its subsidiary, regions bank, operates approximately 1,630 banking offices and 2,000 atms. our company mission we are regions. and ours is a vibrant mission. make life better. make life better for associates. make life better for our customers. make life better for our communities. this is our roadmap to success. our roadmap to create strong, consistent shareholder value. regions' five core values guide everything we do: • do what is right • put people first • reach higher • focus on your customer • enjoy life also, please view our full community and privacy & security policy: http://bit.ly/1aidoey equal housing lender | member fdic
Company profile
Ticker
RF, RF+B, RF+C, RF+E
Exchange
Website
CEO
John Turner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NEW REGIONS FINANCIAL CORP
SEC CIK
Corporate docs
Subsidiaries
1.A-F Leasing, Ltd. • 2.Ascentium Capital LLC • 3.Ascentium Dealership LLC • 4.Ascentium Depositor LLC • 5.BlackArch Partners LLC • 6.BlackArch Securities LLC • 7.Clearsight Advisors LLC • 8.First Sterling Associates, No. 8 LLC • 9.First Sterling Associates No. 9 LLC • 10.First Sterling Associates No. 10 LLC ...
IRS number
630589368
RF stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
4 Mar 24
DEFA14A
Additional proxy soliciting materials
4 Mar 24
ARS
2023 FY
Annual report to shareholders
4 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Bill Rhodes Appointed to the Regions Financial Corp. and Regions Bank Boards of Directors
14 Feb 24
8-K
Regulation FD Disclosure
6 Feb 24
8-K
Record performance. Solid foundation. Regions reports 2023 earnings of $2.0 billion, earnings per diluted share of $2.11
19 Jan 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Regulation FD Disclosure
31 Oct 23
8-K
Results of Operations and Financial Condition
20 Oct 23
Transcripts
RF
Earnings call transcript
2023 Q4
19 Jan 24
RF
Earnings call transcript
2023 Q3
20 Oct 23
RF
Earnings call transcript
2023 Q2
21 Jul 23
RF
Earnings call transcript
2023 Q1
21 Apr 23
RF
Earnings call transcript
2022 Q4
20 Jan 23
RF
Earnings call transcript
2022 Q3
21 Oct 22
RF
Earnings call transcript
2022 Q2
22 Jul 22
RF
Earnings call transcript
2022 Q1
22 Apr 22
RF
Earnings call transcript
2021 Q4
20 Jan 22
RF
Earnings call transcript
2021 Q4
20 Jan 22
Latest ownership filings
4
WILLIAM C RHODES III
5 Mar 24
3
WILLIAM C RHODES III
5 Mar 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
WELLINGTON MANAGEMENT GROUP LLP
8 Feb 24
13F-HR
Quarterly holdings report by institutional manager
6 Feb 24
SC 13G/A
STATE STREET CORP
30 Jan 24
SC 13G/A
BlackRock Inc.
24 Jan 24
4
TIMOTHY VINES
17 Jan 24
4
LEE J STYSLINGER III
17 Jan 24
4
CHARLES D MCCRARY
17 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.02 bn | 9.02 bn | 9.02 bn | 9.02 bn | 9.02 bn | 9.02 bn |
Cash burn (monthly) | 290.00 mm | 554.17 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.63 bn | 3.12 bn | n/a | n/a | n/a | n/a |
Cash remaining | 7.39 bn | 5.90 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 25.5 | 10.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
77.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 771 |
Opened positions | 92 |
Closed positions | 80 |
Increased positions | 259 |
Reduced positions | 269 |
13F shares | Current |
---|---|
Total value | 12.23 tn |
Total shares | 709.08 mm |
Total puts | 3.61 mm |
Total calls | 3.51 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 114.59 mm | $1.97 tn |
BLK Blackrock | 89.53 mm | $1.54 tn |
Wellington Management | 53.82 mm | $925.78 bn |
STT State Street | 51.72 mm | $901.42 bn |
JPM JPMorgan Chase & Co. | 22.18 mm | $381.55 bn |
Geode Capital Management | 20.82 mm | $357.37 bn |
Charles Schwab Investment Management | 20.17 mm | $346.92 bn |
MS Morgan Stanley | 15.20 mm | $261.51 bn |
Dimensional Fund Advisors | 14.18 mm | $243.84 bn |
LSV Asset Management | 13.83 mm | $237.24 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Rhodes William C Iii | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,166 | 0.00 | 1,166 |
12 Jan 24 | Vines Timothy | Phantom Stock Common Stock | Grant | Acquire A | No | No | 18.28 | 1,709.519 | 31.25 k | 37,933.053 |
12 Jan 24 | Styslinger Lee J Iii | Phantom Stock Common Stock | Grant | Acquire A | No | No | 18.28 | 1,641.138 | 30.00 k | 239,395.552 |
12 Jan 24 | Mccrary Charles D | Phantom Stock Common Stock | Grant | Acquire A | No | No | 18.28 | 2,188.184 | 40.00 k | 292,827.131 |
News
A Glimpse Into The Expert Outlook On Regions Finl Through 8 Analysts
18 Mar 24
Citigroup Upgrades Regions Finl to Buy, Raises Price Target to $23
18 Mar 24
NYCB Shares Keep Falling As Investors Weigh 'Significant And Very Expensive' Financial Strategy
11 Mar 24
Cramer: This REIT Is 'A Little Too Dicey'; As For Marathon Digital, 'Own The Pure'
6 Mar 24
A Look Into Financial Services Sector Value Stocks
15 Feb 24
Press releases
More Convenience. More Flexibility. Regions Bank Launches Visa Commercial Pay Mobile for Corporate Banking Clients
5 Mar 24
RF Capital Reports Fourth Quarter and Fiscal 2023 Results
29 Feb 24
Bill Rhodes Appointed to the Regions Financial Corp. and Regions Bank Boards of Directors
14 Feb 24
Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends
14 Feb 24
Visa Expands Its Digital Wallet Capabilities and Availability
12 Feb 24