Regions Financial (RF) 8-K Regions Reports Earnings for Third Quarter 2012

Exhibit 99.2

Regions Financial Corporation and Subsidiaries

Financial Supplement

Third Quarter 2012

Regions Financial Corporation and Subsidiaries

Financial Supplement to Third Quarter 2012 Earnings Release

Table of Contents

	Page
Consolidated Balance Sheets		1
Consolidated Statements of Operations		2
Selected Ratios and Other Information		3
Consolidated Average Daily Balances and Yield / Rate Analysis from Continuing Operations		4-5
Loans		6
Deposits		7
Pre-Tax Pre-Provision Income (“PPI”) and Adjusted PPI from Continuing Operations		8
Non-Interest Income and Expense from Continuing Operations		9
Credit Quality
Allowance for Credit Losses, Net Charge-Offs and Related Ratios		10
Troubled Debt Restructurings and Credit Costs		11
NPL, Foreclosed Property and Held for Sale Migration		12
Early and late stage delinquencies		13
Non-Accrual Loans (excludes loans held for sale) and IRE portfolio analysis		14
Residential lending net charge-off analysis		15
Reconciliation to GAAP Financial Measures
Net Income and EPS		16
Fee Income Ratios, Efficiency Ratios and Adjusted Non-Interest Income / Expense		17
Return Ratios, Tangible Common Ratios and Capital		18
Tier 1 Capital Adjusted to exclude Series A Preferred Stock		19
Statement of Discontinued Operations		20
Forward-Looking Statements		21

Regions Financial Corporation and Subsidiaries	Page 1
Financial Supplement to Third Quarter 2012 Earnings Release

Consolidated Balance Sheets (unaudited)

	Quarter Ended
($ amounts in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Assets:
Cash and due from banks	$	1,738		$	2,000		$	2,036		$	2,132		$	2,000
Interest-bearing deposits in other banks		2,192			1,766			5,270			4,913			6,009
Federal funds sold and securities purchased under agreements to resell		—			—			167			200			254
Trading account assets		114			110			1,127			1,266			1,462
Securities available for sale		27,603			27,232			27,177			24,471			24,635
Securities held to maturity		12			13			15			16			18
Loans held for sale		1,265			1,187			1,054			1,193			1,012
Loans, net of unearned income		75,259			76,202			76,720			77,594			79,447
Allowance for loan losses		(2,062	)		(2,291	)		(2,530	)		(2,745	)		(2,964	)
Net loans		73,197			73,911			74,190			74,849			76,483
Other interest-earning assets		881			901			1,054			1,085			1,081
Premises and equipment, net		2,274			2,300			2,350			2,375			2,399
Interest receivable		362			341			397			361			422
Goodwill		4,816			4,816			4,816			4,816			5,561
Mortgage servicing rights (MSRs)		176			179			199			182			182
Other identifiable intangible assets		365			391			420			449			478
Other assets		6,803			7,198			8,010			8,742			7,766
Total assets	$	121,798		$	122,345		$	128,282		$	127,050		$	129,762
Liabilities and stockholders’ equity:
Deposits:
Non-interest-bearing	$	30,345		$	29,625		$	29,646		$	28,209		$	28,242
Interest-bearing		64,536			65,473			67,492			67,418			67,696
Total deposits		94,881			95,098			97,138			95,627			95,938
Borrowed funds:
Short-term borrowings:
Federal funds purchased and securities sold under agreements to repurchase		1,866			2,746			2,287			2,333			1,969
Other short-term borrowings		70			560			621			734			974
Total short-term borrowings		1,936			3,306			2,908			3,067			2,943
Long-term borrowings		6,224			6,230			7,196			8,110			10,140
Total borrowed funds		8,160			9,536			10,104			11,177			13,083
Other liabilities		3,856			3,256			3,506			3,747			3,478
Total liabilities		106,897			107,890			110,748			110,551			112,499
Stockholders’ equity:
Preferred stock, Series A		—			—			3,429			3,419			3,409
Common stock		15			15			15			13			13
Additional paid-in capital		19,910			19,898			19,939			19,060			19,059
Retained earnings (deficit)		(3,849	)		(4,136	)		(4,395	)		(4,527	)		(3,913	)
Treasury stock, at cost		(1,377	)		(1,376	)		(1,394	)		(1,397	)		(1,397	)
Accumulated other comprehensive income (loss), net		202			54			(60	)		(69	)		92
Total stockholders’ equity		14,901			14,455			17,534			16,499			17,263
Total liabilities and stockholders’ equity	$	121,798		$	122,345		$	128,282		$	127,050		$	129,762

Regions Financial Corporation and Subsidiaries	Page 2
Financial Supplement to Third Quarter 2012 Earnings Release

Consolidated Statements of Operations (unaudited)

	Quarter Ended
($ amounts in millions, except per share data)	9/30/12			6/30/12		3/31/12			12/31/11			9/30/11
Interest income on:
Loans, including fees	$	783		$	806	$	812		$	854		$	867
Securities:
Taxable		170			179		174			166			177
Tax-exempt		—			—		—			—			—
Total securities		170			179		174			166			177
Loans held for sale		9			7		7			7			7
Trading account assets		—			—		1			1			—
Other interest-earning assets		2			2		3			3			4
Total interest income	$	964			994		997			1,031			1,055
Interest expense on:
Deposits		67			76		88			95			112
Short-term borrowings		1			—		—			(2	)		—
Long-term borrowings		79			80		82			89			93
Total interest expense		147			156		170			182			205
Net interest income		817			838		827			849			850
Provision for loan losses		33			26		117			295			355
Net interest income after provision for loan losses		784			812		710			554			495
Non-interest income:
Service charges on deposit accounts		244			233		254			263			310
Investment fee income (loss)		34			17		28			19			(5	)
Mortgage income		106			90		77			57			68
Trust department income		48			50		49			49			49
Securities gains (losses), net		12			12		12			7			(1	)
Other		89			105		104			112			92
Total non-interest income		533			507		524			507			513
Non-interest expense:
Salaries and employee benefits		449			434		442			392			383
Net occupancy expense		99			92		94			95			95
Furniture and equipment expense		65			67		64			63			70
Goodwill impairment		—			—		—			253			—
Other		256			249		313			321			302
Total non-interest expense		869			842		913			1,124			850
Income (loss) before income taxes		448			477		321			(63	)		158
Income tax expense		136			126		82			18			17
Income (loss) from continuing operations		312			351		239			(81	)		141
Discontinued operations:
Income (loss) from discontinued operations before income taxes		(19	)		4		(65	)		(472	)		24
Income tax expense (benefit)		(8	)		—		(25	)		(5	)		10
Income (loss) from discontinued operations, net of tax		(11	)		4		(40	)		(467	)		14
Net income (loss)	$	301		$	355	$	199		$	(548	)	$	155
Income (loss) from continuing operations available to common shareholders(1)	$	312		$	280	$	185		$	(135	)	$	87
Net income (loss) available to common shareholders(1)	$	301		$	284	$	145		$	(602	)	$	101
Weighted-average shares outstanding - during quarter:
Basic		1,414			1,414		1,282			1,259			1,259
Diluted		1,423			1,418		1,283			1,259			1,261
Actual shares outstanding - end of quarter		1,413			1,413		1,412			1,259			1,259
Earnings (loss) per common share from continuing operations(1):
Basic	$	0.22		$	0.20	$	0.14		$	(0.11	)	$	0.07
Diluted	$	0.22		$	0.20	$	0.14		$	(0.11	)	$	0.07
Earnings (loss) per common share (1):
Basic	$	0.21		$	0.20	$	0.11		$	(0.48	)	$	0.08
Diluted	$	0.21		$	0.20	$	0.11		$	(0.48	)	$	0.08
Cash dividends declared per common share	$	0.01		$	0.01	$	0.01		$	0.01		$	0.01
Taxable-equivalent net interest income from continuing operations	$	830		$	850	$	839		$	858		$	859

(1) Includes preferred stock dividends and accretion

Regions Financial Corporation and Subsidiaries	Page 3
Financial Supplement to Third Quarter 2012 Earnings Release

Selected Ratios and Other Information

	As of and for Quarter Ended
	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Return on average assets from continuing operations		1.02	%		0.92	%		0.59	%		(0.43	%)		0.26	%
Return on average assets from continuing operations, excluding goodwill impairment (non-GAAP)*(1)		1.02	%		0.92	%		0.59	%		0.37	%		0.26	%
Return on average tangible common stockholders’ equity (non-GAAP)*(1)		12.40	%		12.40	%		7.08	%		(30.12	%)		5.05	%
Return on average tangible common stockholders’ equity, excluding goodwill impairment (non-GAAP)*(1)		12.40	%		12.40	%		7.08	%		6.45	%		5.05	%
Efficiency ratio from continuing operations (non-GAAP)(1)		64.3	%		62.8	%		67.9	%		64.6	%		61.8	%
Common equity per share	$	10.55		$	10.23		$	9.99		$	10.39		$	11.00
Tangible common book value per share (non-GAAP)(1)	$	7.02		$	6.69		$	6.42		$	6.37		$	6.38
Tangible common stockholders’ equity to tangible assets (non-GAAP)(1)		8.49	%		8.04	%		7.35	%		6.57	%		6.48	%
Tier 1 Common risk-based ratio (non-GAAP)(1) (2)		10.5	%		10.0	%		9.6	%		8.5	%		8.2	%
Tier 1 Capital(2)		11.5	%		11.0	%		14.3	%		13.3	%		12.8	%
Tier 1 Capital adjusted for retirement of Series A preferred stock(1) (2)		11.5	%		11.0	%		10.5	%		9.4	%		9.0	%
Total Risk-Based Capital(2)		15.0	%		14.5	%		18.0	%		16.9	%		16.5	%
Leverage(2)		9.1	%		8.7	%		11.0	%		9.9	%		9.7	%
Allowance for loan losses as a percentage of loans, net of unearned income		2.74	%		3.01	%		3.30	%		3.54	%		3.73	%
Allowance for loan losses to non-performing loans, excluding loans held for sale		1.09	x		1.20	x		1.18	x		1.16	x		1.09	x
Net interest margin (FTE) from continuing operations		3.08	%		3.16	%		3.09	%		3.08	%		3.04	%
Loans, net of unearned income, to total deposits		79.3	%		80.1	%		79.0	%		81.1	%		82.8	%
Net charge-offs as a percentage of average loans*		1.38	%		1.39	%		1.73	%		2.16	%		2.52	%
Non-accrual loans, excluding loans held for sale as a percentage of loans		2.50	%		2.51	%		2.80	%		3.06	%		3.41	%
Non-performing assets (excluding loans 90 days past due) as a percentage of loans, foreclosed properties and non-performing loans held for sale		2.93	%		3.04	%		3.42	%		3.83	%		4.23	%
Non-performing assets (including loans 90 days past due) as a percentage of loans, foreclosed properties and non-performing loans held for sale		3.47	%		3.57	%		3.97	%		4.40	%		4.75	%
Associate headcount(3)		23,361			23,422			23,619			23,707			23,713
Total branch outlets		1,716			1,719			1,722			1,726			1,767
ATMs		2,061			2,063			2,070			2,083			2,130

* Annualized

(1) See reconciliation of GAAP to non-GAAP Financial Measures on pages 16-19

(2) Current quarter Tier 1 Common, Tier 1, Total Risk-Based Capital and Leverage ratios are estimated

(3) Excludes Morgan Keegan Associates

Regions Financial Corporation and Subsidiaries	Page 4
Financial Supplement to Third Quarter 2012 Earnings Release

Consolidated Average Daily Balances and Yield/Rate Analysis fromContinuing Operations

	Quarter Ended
	9/30/12								6/30/12
	Average			Income/		Yield/			Average			Income/		Yield/
($ amounts in millions; yields on taxable-equivalent basis)	Balance			Expense		Rate			Balance			Expense		Rate
Assets
Interest-earning assets:
Federal funds sold and securities purchased under agreements to resell	$	—		$	—		—	%	$	—		$	—		—	%
Trading account assets		112			—		—			116			—		—
Securities:
Taxable		27,028			170		2.50			26,846			179		2.68
Tax-exempt		10			—		—			16			—		—
Loans held for sale		1,213			9		2.95			1,107			8		2.91
Loans, net of unearned income:
Commercial and industrial		26,024			262		4.01			25,650			266		4.17
Commercial real estate mortgage - owner-occupied		10,464			122		4.64			10,805			128		4.76
Commercial real estate construction - owner-occupied		274			3		4.36			271			4		5.94
Commercial investor real estate mortgage		8,374			74		3.52			8,925			81		3.65
Commercial investor real estate construction		851			8		3.74			923			8		3.49
Residential first mortgage		13,300			141		4.22			13,484			144		4.30
Home equity		12,157			109		3.57			12,479			111		3.58
Indirect		2,150			26		4.81			2,022			25		4.97
Consumer credit card		908			29		12.71			925			28		12.17
Other consumer		1,195			22		7.32			1,186			22		7.46
Total loans, net of unearned income		75,697			796		4.18			76,670			817		4.29
Other interest-earning assets		3,187			2		0.25			3,311			2		0.24
Total interest-earning assets		107,247			977		3.62			108,066			1,006		3.74
Allowance for loan losses		(2,232	)							(2,506	)
Cash and due from banks		1,732								1,814
Other non-earning assets		14,784								15,052
	$	121,531							$	122,426
Liabilities and Stockholders’ Equity
Interest-bearing liabilities:
Savings accounts	$	5,650			1		0.07		$	5,655			1		0.07
Interest-bearing transaction accounts		18,880			5		0.11			19,447			6		0.12
Money market accounts(3)		24,891			11		0.18			24,520			11		0.18
Time deposits		15,536			50		1.28			17,175			58		1.36
Total interest-bearing deposits(1)		64,957			67		0.41			66,797			76		0.46
Federal funds purchased and securities sold under agreements to repurchase		2,375			1		0.17			1,856			—		—
Other short-term borrowings		363			—		—			468			—		—
Long-term borrowings		6,230			79		5.04			6,862			80		4.69
Total interest-bearing liabilities(2)		73,925			147		0.79			75,983			156		0.83
Net interest spread							2.83								2.91
Non-interest-bearing deposits(1) (2) (3)		29,652								29,066
Other liabilities		3,243								2,996
Stockholders’ equity		14,711								14,381
	$	121,531							$	122,426
Net interest income/margin FTE basis				$	830		3.08	%				$	850		3.16	%

(1) Total deposit costs from continuing operations may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest bearing deposits. The rates for total deposit costs from continuing operations equal 0.28% and 0.32% for the quarters ended September 30, 2012 and June 30, 2012, respectively.

(2) Total funding costs from continuing operations may be calculated by dividing total interest expense on interest-bearing liablities by the sum of interest-bearing liabilites and non-interest bearing deposits. The rates for total funding costs from continuing operations equal 0.56% and 0.60% for the quarters ended September 30, 2012 and June 30 2012, respectively.

(3) Prior period amounts have been reclassified to conform to the current period classification.

Regions Financial Corporation and Subsidiaries	Page 5
Financial Supplement to Third Quarter 2012 Earnings Release

Consolidated Average Daily Balances and Yield/Rate Analysis from Continuing Operations

	Quarter Ended
	3/31/12								12/31/11									9/30/11
	Average			Income/		Yield/			Average			Income/			Yield/			Average			Income/		Yield/
($ amounts in millions; yields on taxable-equivalent basis)	Balance			Expense		Rate			Balance			Expense			Rate			Balance			Expense		Rate
Assets
Interest-earning assets:
Federal funds sold and securities purchased under agreements to resell	$	—		$	—		—	%	$	—		$	—			—	%	$	—		$	—		—	%
Trading account assets		182			2		4.42			175			1			2.27			182			1		2.18
Securities:
Taxable		25,659			173		2.71			24,731			166			2.66			24,098			177		2.91
Tax-exempt		33			—		—			32			—			—			31			—		—
Loans held for sale		1,047			7		2.69			1,057			7			2.63			847			7		3.28
Loans, net of unearned income:
Commercial and industrial		24,748			258		4.19			24,310			263			4.29			23,953			249		4.12
Commercial real estate mortgage - owner-occupied		11,077			130		4.72			11,404			140			4.87			11,661			163		5.55
Commercial real estate construction - owner-occupied		311			4		5.17			346			5			5.73			375			4		4.23
Commercial investor real estate mortgage		9,492			85		3.60			10,357			91			3.49			11,395			100		3.48
Commercial investor real estate construction		994			8		3.24			1,152			9			3.10			1,411			9		2.53
Residential first mortgage		13,651			149		4.39			13,925			153			4.36			14,207			160		4.47
Home equity		12,845			113		3.54			13,172			118			3.55			13,454			119		3.51
Indirect		1,908			25		5.27			1,825			25			5.43			1,755			25		5.65
Consumer credit card		952			30		12.67			1,002			37			14.65			1,095			24		8.70
Other consumer		1,190			22		7.44			1,209			22			7.22			1,207			22		7.23
Total loans, net of unearned income		77,168			824		4.29			78,702			863			4.35			80,513			875		4.31
Other interest-earning assets		5,140			3		0.23			5,690			4			0.28			6,544			4		0.24
Total interest-earning assets		109,229			1,009		3.72			110,387			1,041			3.74			112,215			1,064		3.76
Allowance for loan losses		(2,745	)							(2,901	)								(3,150	)
Cash and due from banks		1,987								1,974									1,972
Other non-earning assets		15,285								15,440									15,549
	$	123,756							$	124,900								$	126,586
Liabilities and Stockholders’ Equity
Interest-bearing liabilities:
Savings accounts	$	5,362			1		0.08		$	5,153			1			0.08		$	5,148			1		0.08
Interest-bearing transaction accounts		19,657			6		0.12			18,602			7			0.15			16,651			7		0.17
Money market accounts(3)		23,552			12		0.20			23,365			13			0.22			24,623			18		0.29
Time deposits		19,053			69		1.46			19,774			74			1.48			21,369			86		1.60
Total interest-bearing deposits(1)		67,624			88		0.52			66,894			95			0.56			67,791			112		0.66
Federal funds purchased and securities sold under agreements to repurchase		1,572			—		—			1,912			(2	)		(0.41	)		1,604			—		—
Other short-term borrowings		63			—		—			77			—			—			148			—		—
Long-term borrowings		7,585			82		4.35			9,630			90			3.71			10,786			93		3.42
Total interest-bearing liabilities(2)		76,844			170		0.89			78,513			183			0.92			80,329			205		1.01
Net interest spread							2.83									2.81								2.75
Non-interest-bearing deposits(1) (2) (3)		28,437								28,261									28,356
Other liabilities		2,745								2,569									2,496
Stockholders’ equity		15,730								15,557									15,405
	$	123,756							$	124,900								$	126,586
Net interest income/margin FTE basis				$	839		3.09	%				$	858			3.08	%				$	859		3.04	%

(1) Total deposit costs from continuing operations may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest bearing deposits. The rates for total deposit costs from continuing operations equal 0.37%, 0.40%, and 0.46% for the quarters ended March 31, 2012, December 31, 2011 and September 30, 2011, respectively.

(2) Total funding costs from continuing operations may be calculated by dividing total interest expense on interest-bearing liablities by the sum of interest-bearing liabilities and non-interest bearing deposits. The rates for total funding costs from continuing operations equal 0.65%, 0.68% and 0.75% for the quarters ended March 31, 2012, December 31, 2011, and September 30, 2011, respectively.

(3) Prior period amounts have been reclassified to conform to the current period classification.

Regions Financial Corporation and Subsidiaries	Page 6
Financial Supplement to Third Quarter 2012 Earnings Release

Loans

	Quarter Ended
($ amounts in millions)	9/30/12		6/30/12		3/31/12		12/31/11		9/30/11		9/30/12 vs. 6/30/12					9/30/12 vs. 9/30/11
Commercial and industrial	$	26,375	$	25,990	$	25,098	$	24,522	$	24,273	$	385		1.5	%	$	2,102		8.7	%
Commercial real estate mortgage - owner-occupied		10,325		10,626		10,931		11,166		11,537		(301	)	-2.8	%		(1,212	)	-10.5	%
Commercial real estate construction - owner-occupied		292		261		281		337		356		31		11.9	%		(64	)	-18.0	%
Total commercial		36,992		36,877		36,310		36,025		36,166		115		0.3	%		826		2.3	%
Commercial investor real estate mortgage		7,866		8,598		9,156		9,702		10,696		(732	)	-8.5	%		(2,830	)	-26.5	%
Commercial investor real estate construction		847		849		955		1,025		1,188		(2	)	-0.2	%		(341	)	-28.7	%
Total investor real estate		8,713		9,447		10,111		10,727		11,884		(734	)	-7.8	%		(3,171	)	-26.7	%
Residential first mortgage		13,225		13,394		13,611		13,784		14,083		(169	)	-1.3	%		(858	)	-6.1	%
Home equity - first lien		5,605		5,663		5,760		5,884		5,954		(58	)	-1.0	%		(349	)	-5.9	%
Home equity - second lien		6,420		6,658		6,882		7,137		7,362		(238	)	-3.6	%		(942	)	-12.8	%
Indirect		2,220		2,060		1,938		1,848		1,774		160		7.8	%		446		25.1	%
Consumer credit card		901		922		939		987		1,024		(21	)	-2.3	%		(123	)	-12.0	%
Other consumer		1,183		1,181		1,169		1,202		1,200		2		0.2	%		(17	)	-1.4	%
Total Loans	$	75,259	$	76,202	$	76,720	$	77,594	$	79,447	$	(943	)	-1.2	%	$	(4,188	)	-5.3	%

	Average Balances
($ amounts in millions)	3Q12		2Q12		1Q12		4Q11		3Q11		3Q12 vs. 2Q12					3Q12 vs. 3Q11
Commercial and industrial	$	26,024	$	25,650	$	24,748	$	24,310	$	23,953	$	374		1.5	%	$	2,071		8.6	%
Commercial real estate mortgage - owner-occupied		10,464		10,805		11,077		11,404		11,661		(341	)	-3.2	%		(1,197	)	-10.3	%
Commercial real estate construction - owner-occupied		274		271		311		346		375		3		1.1	%		(101	)	-26.9	%
Total commercial		36,762		36,726		36,136		36,060		35,989		36		0.1	%		773		2.1	%
Commercial investor real estate mortgage		8,374		8,925		9,492		10,357		11,395		(551	)	-6.2	%		(3,021	)	-26.5	%
Commercial investor real estate construction		851		923		994		1,152		1,411		(72	)	-7.8	%		(560	)	-39.7	%
Total investor real estate		9,225		9,848		10,486		11,509		12,806		(623	)	-6.3	%		(3,581	)	-28.0	%
Residential first mortgage		13,300		13,484		13,651		13,925		14,207		(184	)	-1.4	%		(907	)	-6.4	%
Home equity - first lien		5,636		5,723		5,835		5,927		6,003		(87	)	-1.5	%		(367	)	-6.1	%
Home equity - second lien		6,521		6,756		7,010		7,245		7,451		(235	)	-3.5	%		(930	)	-12.5	%
Indirect		2,150		2,022		1,908		1,825		1,755		128		6.3	%		395		22.5	%
Consumer credit card		908		925		952		1,002		1,095		(17	)	-1.8	%		(187	)	-17.1	%
Other consumer		1,195		1,186		1,190		1,209		1,207		9		0.8	%		(12	)	-1.0	%
Total Loans	$	75,697	$	76,670	$	77,168	$	78,702	$	80,513	$	(973	)	-1.3	%	$	(4,816	)	-6.0	%

Loan Portfolio Balances by Percentage

	Quarter Ended
	9/30/2012			6/30/2012			3/31/12			12/31/11			9/30/11
Commercial and industrial		35.0	%		34.1	%		32.7	%		31.6	%		30.6	%
Commercial real estate mortgage - owner-occupied		13.7	%		13.9	%		14.2	%		14.4	%		14.5	%
Commercial real estate construction - owner-occupied		0.5	%		0.4	%		0.4	%		0.4	%		0.4	%
Total commercial		49.2	%		48.4	%		47.3	%		46.4	%		45.5	%
Commercial investor real estate mortgage		10.5	%		11.3	%		11.9	%		12.5	%		13.5	%
Commercial investor real estate construction		1.1	%		1.1	%		1.3	%		1.3	%		1.5	%
Total investor real estate		11.6	%		12.4	%		13.2	%		13.8	%		15.0	%
Residential first mortgage		17.6	%		17.6	%		17.8	%		17.8	%		17.7	%
Home equity - first lien		7.4	%		7.4	%		7.5	%		7.6	%		7.5	%
Home equity - second lien		8.5	%		8.7	%		9.0	%		9.2	%		9.3	%
Indirect		2.9	%		2.7	%		2.5	%		2.4	%		2.2	%
Consumer credit card		1.2	%		1.2	%		1.2	%		1.3	%		1.3	%
Other consumer		1.6	%		1.5	%		1.5	%		1.5	%		1.5	%
Total Loans		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%

Regions Financial Corporation and Subsidiaries	Page 7
Financial Supplement to Third Quarter 2012 Earnings Release

Deposits

	Quarter Ended
($ amounts in millions)	9/30/12		6/30/12		3/31/12		12/31/11		9/30/11		9/30/12 vs. 6/30/12					9/30/12 vs. 9/30/11
Customer Deposits
Interest-free deposits(1)	$	30,345	$	29,625	$	29,646	$	28,209	$	28,242	$	720		2.4	%	$	2,103		7.4	%
Interest-bearing checking		19,240		19,311		19,805		19,388		18,317		(71	)	-0.4	%		923		5.0	%
Savings		5,652		5,661		5,632		5,159		5,155		(9	)	-0.2	%		497		9.6	%
Money market - domestic(1)		24,404		23,974		23,488		23,028		23,259		430		1.8	%		1,145		4.9	%
Money market - foreign(1)		327		322		357		460		502		5		1.6	%		(175	)	-34.9	%
Low-cost deposits		79,968		78,893		78,928		76,244		75,475		1,075		1.4	%		4,493		6.0	%
Time deposits		14,911		16,202		18,207		19,378		20,455		(1,291	)	-8.0	%		(5,544	)	-27.1	%
Total customer deposits		94,879		95,095		97,135		95,622		95,930		(216	)	-0.2	%		(1,051	)	-1.1	%
Corporate Treasury Deposits
Time deposits		2		3		3		5		8		(1	)	-33.3	%		(6	)	-75.0	%
Total Deposits	$	94,881	$	95,098	$	97,138	$	95,627	$	95,938	$	(217	)	-0.2	%	$	(1,057	)	-1.1	%
	Average Balances
($ amounts in millions)	3Q12		2Q12		1Q12		4Q11		3Q11		3Q12 vs. 2Q12					3Q12 vs. 3Q11
Customer Deposits
Interest-free deposits(1)	$	29,652	$	29,066	$	28,437	$	28,261	$	28,356	$	586		2.0	%	$	1,296		4.6	%
Interest-bearing checking		18,880		19,447		19,657		18,602		16,651		(567	)	-2.9	%		2,229		13.4	%
Savings		5,650		5,655		5,362		5,153		5,148		(5	)	-0.1	%		502		9.8	%
Money market - domestic(1)		24,563		24,172		23,141		22,926		24,073		391		1.6	%		490		2.0	%
Money market - foreign(1)		328		348		411		439		550		(20	)	-5.7	%		(222	)	-40.4	%
Low-cost deposits		79,073		78,688		77,008		75,381		74,778		385		0.5	%		4,295		5.7	%
Time deposits		15,533		17,172		19,049		19,767		21,359		(1,639	)	-9.5	%		(5,826	)	-27.3	%
Total customer deposits		94,606		95,860		96,057		95,148		96,137		(1,254	)	-1.3	%		(1,531	)	-1.6	%
Corporate Treasury Deposits
Time deposits		3		3		4		7		10		—		—			(7	)	-70.0	%
Total Deposits	$	94,609	$	95,863	$	96,061	$	95,155	$	96,147	$	(1,254	)	-1.3	%	$	(1,538	)	-1.6	%

Deposits by Percentage

	Quarter Ended
	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Customer Deposits
Interest-free deposits(1)		32.0	%		31.2	%		30.5	%		29.5	%		29.4	%
Interest-bearing checking		20.3	%		20.3	%		20.4	%		20.3	%		19.1	%
Savings		6.0	%		6.0	%		5.8	%		5.4	%		5.4	%
Money market - domestic(1)		25.7	%		25.2	%		24.2	%		24.1	%		24.2	%
Money market - foreign(1)		0.3	%		0.3	%		0.4	%		0.5	%		0.5	%
Low-cost deposits		84.3	%		83.0	%		81.3	%		79.8	%		78.6	%
Time deposits		15.7	%		17.0	%		18.7	%		20.2	%		21.4	%
Total customer deposits		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%
Corporate Treasury Deposits
Time deposits		—			—			—			—			—
Total Deposits		100.0	%		100.00	%		100.0	%		100.0	%		100.0	%

(1) Prior period amounts have been reclassified to conform to the current period classification.

Regions Financial Corporation and Subsidiaries	Page 8
Financial Supplement to Third Quarter 2012 Earnings Release

Pre-Tax Pre-Provision Income from Continuing Operations (non-GAAP)

	Quarter Ended
($ amounts in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11		3Q12 vs. 2Q12					3Q12 vs. 3Q11
Income (loss) from continuing operations available to common shareholders (GAAP)	$	312		$	280		$	185		$	(135	)	$	87	$	32		11.4	%	$	225		258.6	%
Preferred dividends (GAAP)		—			71			54			54			54		(71	)	NM			(54	)	NM
Income tax expense (GAAP)		136			126			82			18			17		10		7.9	%		119		NM
Income (loss) from continuing operations before income taxes (GAAP)		448			477			321			(63	)		158		(29	)	-6.1	%		290		183.5	%
Provision for loan losses (GAAP)		33			26			117			295			355		7		26.9	%		(322	)	-90.7	%
Pre-tax pre-provision income from continuing operations (non-GAAP)		481			503			438			232			513		(22	)	-4.4	%		(32	)	-6.2	%
Goodwill impairment		—			—			—			253			—		—		—			—		—
Pre-tax pre-provision income from continuing operations, excluding goodwill impairment (non-GAAP)		481			503			438			485			513		(22	)	-4.4	%		(32	)	-6.2	%
Other Adjustments:
Securities (gains) losses, net		(12	)		(12	)		(12	)		(7	)		1		—		—			(13	)	NM
Leveraged lease termination (gains) losses, net(1)		—			(7	)		(7	)		(10	)		2		7		NM			(2	)	NM
Securities impairment, net		—			2			—			2			—		(2	)	NM			—		—
Branch consolidation and equipment costs		—			—			—			(2	)		—		—		—			—		—
Total other adjustments		(12	)		(17	)		(19	)		(17	)		3		5		-29.4	%		(15	)	NM
Adjusted pre-tax pre-provision income from continuing operations (non-GAAP)	$	469		$	486		$	419		$	468		$	516	$	(17	)	-3.5	%	$	(47	)	-9.1	%

The Pre-Tax Pre-Provision Income (PPI) from Continuing Operations table above presents computations of pre-tax pre-provision income from continuing operations excluding certain adjustments (non-GAAP). Regions believes that the presentation of PPI and the exclusion of certain items to PPI provides a meaningful base for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations. Regions believes that presentation of these non-GAAP financial measures will permit investors to assess the performance of the Company on the same basis as that applied by management. Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied and are not audited. Although these non-GAAP financial measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical tools, and should not be considered in isolation, or as a substitute for analyses of results as reported under GAAP. In particular, a measure of income that excludes certain adjustments does not represent the amount that effectively accrues directly to stockholders.

(1) After tax amounts for leveraged lease terminations gains are zero for 9/30/12, $0.6 million for 6/30/2012, $3.1 million for 3/31/2012, $2.8 million for 12/31/11 and $5.4 million for 9/30/11.

Regions Financial Corporation and Subsidiaries	Page 9
Financial Supplement to Third Quarter 2012 Earnings Release

Non-Interest Income and Expense from Continuing Operations

Non-Interest Income from Continuing Operations	Quarter Ended
($ amounts in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11			3Q12 vs. 2Q12					3Q12 vs. 3Q11
Service charges on deposit accounts	$	244		$	233		$	254		$	263		$	310		$	11		4.7	%	$	(66	)	-21.3	%
Investment fee income (loss)		34			17			28			19			(5	)		17		100.0	%		39		NM
Mortgage income		106			90			77			57			68			16		17.8	%		38		55.9	%
Trust department income		48			50			49			49			49			(2	)	-4.0	%		(1	)	-2.0	%
Commercial credit fee income		17			16			19			20			20			1		6.3	%		(3	)	-15.0	%
Securities gains (losses), net		12			12			12			7			(1	)		—		—			13		NM
Insurance commissions and fees		28			26			28			26			27			2		7.7	%		1		3.7	%
Leveraged lease termination gains (losses), net		—			7			7			10			(2	)		(7	)	-100.0	%		2		-100.0	%
Bank owned life insurance		19			21			21			24			18			(2	)	-9.5	%		1		5.6	%
Net revenue (loss) from affordable housing		(17	)		(13	)		(14	)		(20	)		(18	)		(4	)	30.8	%		1		-5.6	%
Credit card/bank card income		18			23			23			24			24			(5	)	-21.7	%		(6	)	-25.0	%
Other		24			25			20			28			23			(1	)	-4.0	%		1		4.3	%
Total non-interest income from continuing operations	$	533		$	507		$	524		$	507		$	513		$	26		5.1	%	$	20		3.9	%
Non-Interest Expense from Continuing Operations	Quarter Ended
($ amounts in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11			3Q12 vs. 2Q12					3Q12 vs. 3Q11
Salaries and employee benefits	$	449		$	434		$	442		$	392		$	383		$	15		3.5	%	$	66		17.2	%
Net occupancy expense		99			92			94			95			95			7		7.6	%		4		4.2	%
Furniture and equipment expense		65			67			64			63			70			(2	)	-3.0	%		(5	)	-7.1	%
Professional and legal expenses		36			36			27			40			42			—		—			(6	)	-14.3	%
Amortization of core deposit intangible		20			21			22			23			23			(1	)	-4.8	%		(3	)	-13.0	%
Other real estate owned expense		13			10			23			38			48			3		30.0	%		(35	)	-72.9	%
Credit/checkcard expenses		15			19			20			18			18			(4	)	-21.1	%		(3	)	-16.7	%
Deposit administration fee		37			44			47			46			47			(7	)	-15.9	%		(10	)	-21.3	%
Marketing		27			20			17			18			14			7		35.0	%		13		92.9	%
Branch consolidation and property and equipment charges		—			—			—			(2	)		—			—		—			—		—
Gain on loans held for sale		(17	)		(26	)		(8	)		(5	)		—			9		-34.6	%		(17	)	NM
Provision (credit) for unfunded credit commitments		(15	)		—			13			(8	)		2			(15	)	NM			(17	)	NM
Outside services		23			18			18			17			15			5		27.8	%		8		53.3	%
Other		117			107			134			136			93			10		9.3	%		24		25.8	%
Total non-interest expense from continuing operations before goodwill impairment (non-GAAP)		869			842			913			871			850		$	27		3.2	%	$	19		2.2	%
Goodwill impairment		—			—			—			253			—			—		—			—		—
Total non-interest expense from continuing operations	$	869		$	842		$	913		$	1,124		$	850		$	27		3.2	%	$	19		2.2	%

• Non-interest income increased $26 million linked quarter to $533 million. Third quarter included $12 million in securities gains.

• Account service fees and charges were up $11 million linked quarter. During the second quarter the Company established a reserve for certain customer fee refunds resulting from a change in the company’s non-sufficient funds policy which resulted in a charge of $24 million. An additional $11 million was added to this reserve in the third quarter. Excluding this item, total service charges would have been consistent with the first quarter.

• Investment Fee income increased $17 million linked quarter primarily due to an increase in syndication fee revenue.

• Mortgage income increased $16 million linked quarter, aided by the government’s HARP II program, which is increasing refinance volume. Mortgage origination volume in the third quarter totaled $2.2 billion compared to $2.1 billion in the second quarter.

• Non-interest expenses increased $27 million or 3 percent linked quarter. Held for sale related gains decreased $11 million. Salaries and benefits increased $15 million linked quarter primarily related to a grant of long-term incentives.

• Occupancy expenses were up slightly linked quarter due to charges related to terminated ground leases.

• Marketing expenses were up $7 million linked quarter due to credit card conversion related expenses.

• The Company experienced $15 million in reserve reductions related to unfunded credit commitments that funded during the quarter.

• Deposit administration fee was down $7 million linked quarter due to improved performance metrics and a reduction in higher risk loans.

• Outside services increased $5 million linked quarter primarily due to technology costs related to system enhancements.

Regions Financial Corporation and Subsidiaries	Page 10
Financial Supplement to Third Quarter 2012 Earnings Release

Credit Quality

	As of and for Quarter Ended
($ amounts in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Allowance for credit losses (ACL)	$	2,138		$	2,382		$	2,621		$	2,823		$	3,050
Allowance allocated to purchased loans(1)		—			—			—			—			84
Provision for loan losses		33			26			117			295			355
Provision (credit) for unfunded credit losses		(15	)		—			13			(8	)		2
Net loans charged-off:
Commercial and industrial		31			33			61			65			72
Commercial real estate mortgage - owner-occupied		42			45			46			63			62
Commercial real estate construction - owner-occupied		1			4			2			1			2
Total commercial		74			82			109			129			136
Commercial investor real estate mortgage		64			41			64			112			167
Commercial investor real estate construction		6			11			19			39			52
Total investor real estate		70			52			83			151			219
Residential first mortgage		35			42			39			47			59
Home equity - first lien		14			17			18			16			19
Home equity - second lien		38			47			57			56			60
Indirect		4			2			4			4			2
Consumer credit card		12			11			12			12			1
Other consumer		15			12			10			15			15
Total	$	262		$	265		$	332		$	430		$	511
Net loan charge-offs as a % of average loans, annualized:
Commercial and industrial		0.47	%		0.51	%		0.99	%		1.06	%		1.19	%
Commercial real estate mortgage - owner-occupied		1.58	%		1.68	%		1.67	%		2.18	%		2.13	%
Commercial real estate construction - owner-occupied		2.06	%		5.59	%		2.02	%		0.82	%		2.01	%
Total commercial		0.80	%		0.89	%		1.21	%		1.41	%		1.50	%
Commercial investor real estate mortgage		3.03	%		1.86	%		2.70	%		4.28	%		5.81	%
Commercial investor real estate construction		3.03	%		4.56	%		7.64	%		13.61	%		14.45	%
Total investor real estate		3.03	%		2.11	%		3.17	%		5.21	%		6.76	%
Residential first mortgage		1.06	%		1.27	%		1.16	%		1.34	%		1.64	%
Home equity - first lien		0.97	%		1.18	%		1.25	%		1.11	%		1.26	%
Home equity - second lien		2.31	%		2.79	%		3.28	%		3.06	%		3.21	%
Indirect		0.65	%		0.52	%		0.76	%		0.78	%		0.64	%
Consumer credit card		5.37	%		4.95	%		4.95	%		4.62	%		0.42	%
Other consumer		4.99	%		4.07	%		3.38	%		4.92	%		4.93	%
Total		1.38	%		1.39	%		1.73	%		2.16	%		2.52	%
Non-accrual loans, excluding loans held for sale	$	1,884		$	1,915		$	2,151		$	2,372		$	2,710
Non-performing loans held for sale		134			202			249			328			344
Non-accrual loans, including loans held for sale	$	2,018		$	2,117		$	2,400		$	2,700		$	3,054
Foreclosed properties		197			214			241			296			337
Non-performing assets (NPAs)	$	2,215		$	2,331		$	2,641		$	2,996		$	3,391
Loans past due > 90 days	$	405		$	403		$	427		$	447		$	412
Restructured loans not included in categories above(2)	$	2,916		$	2,966		$	2,944		$	2,850		$	2,817
Credit Ratios:
ACL/Loans, net		2.84	%		3.13	%		3.42	%		3.64	%		3.84	%
ALL/Loans, net		2.74	%		3.01	%		3.30	%		3.54	%		3.73	%
Allowance for loan losses to non-performing loans, excluding loans held for sale		1.09	x		1.20	x		1.18	x		1.16	x		1.09	x
Non-accrual loans, excluding loans held for sale/Loans, net		2.50	%		2.51	%		2.80	%		3.06	%		3.41	%
NPAs (ex. 90+ past due)/Loans, foreclosed properties and non-performing loans held for sale		2.93	%		3.04	%		3.42	%		3.83	%		4.23	%
NPAs (inc. 90+ past due)/Loans, foreclosed properties and non-performing loans held for sale		3.47	%		3.57	%		3.97	%		4.40	%		4.75	%

Allowance for Credit Losses

	Quarter Ended
($ amounts in millions)	9/30/12		6/30/12		3/31/12		12/31/11		9/30/11
Components:
Allowance for loan losses	$	2,062	$	2,291	$	2,530	$	2,745	$	2,964
Reserve for unfunded credit commitments		76		91		91		78		86
Allowance for credit losses	$	2,138	$	2,382	$	2,621	$	2,823	$	3,050

(1) During the second quarter of 2011, Regions purchased a credit card portfolio for approximately $1.1 billion and recorded an allowance for loan losses and related premium of approximately $84 million. Upon finalization of the purchase price in the fourth quarter of 2011, Regions reclassified the $84 million allowance and premium. The impact of these reclassification entries was not material to the financial results in any of the quarters of 2011.

(2) See page 11 for detail of restructured loans.

Regions Financial Corporation and Subsidiaries	Page 11
Financial Supplement to Third Quarter 2012 Earnings Release

Troubled Debt Restructurings

	Quarter Ended
(in millions)	9/30/12		6/30/12		3/31/12		12/31/11		9/30/11
Current:
Commercial	$	495	$	450	$	445	$	452	$	437
Investor Real Estate		911		991		1,016		967		923
Residential First Mortgage		847		845		815		767		774
Home Equity		372		381		383		377		373
Other Consumer		41		45		49		50		54
Total Current	$	2,666	$	2,712	$	2,708	$	2,613	$	2,561
Accruing 30-89 DPD:
Commercial	$	51	$	71	$	44	$	40	$	39
Investor Real Estate		44		34		40		28		67
Residential First Mortgage		118		113		118		133		114
Home Equity		33		32		30		30		30
Other Consumer		4		4		4		6		6
Total Accruing 30-89 DPD	$	250	$	254	$	236	$	237	$	256
Non-accrual or 90+ DPD:
Commercial	$	308	$	315	$	344	$	353	$	373
Investor Real Estate		368		474		507		473		475
Residential First Mortgage		209		198		205		210		214
Home Equity		33		30		31		33		30
Other Consumer		—		1		—		—		1
Total Non-accrual or 90+DPD	$	918	$	1,018	$	1,087	$	1,069	$	1,093
Total TDRs	$	3,834	$	3,984	$	4,031	$	3,919	$	3,910

Credit Costs

	Quarter Ended
(in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Net Charge-offs
Investor Real Estate (IRE)	$	43		$	22		$	47		$	54		$	60
Commercial		57			65			89			87			100
Consumer Real Estate		86			103			115			117			134
Other Consumer		31			26			26			31			19
Net Charge-offs excluding charge-offs from Sales / Transfers to HFS	$	217		$	216		$	277		$	289		$	313
Sales/Transfer to HFS		45			49			55			141			198
Total Net Charge-offs	$	262		$	265		$	332		$	430		$	511
Net Loss / (Gain) - HFS Sales	$	(18	)	$	(33	)	$	(10	)	$	(12	)	$	(2	)
HFS Write-downs(1)		1			7			2			7			2
OREO expense		13			10			23			38			48
Total Credit Costs before Reserve Change	$	258		$	249		$	347		$	463		$	559
Loan Loss Reserve Increase / (Reduction)		(229	)		(239	)		(215	)		(135	)		(156	)
Total Credit Costs after Reserve Change	$	29		$	10		$	132		$	328		$	403

(1) Reflects write-downs subsequent to initial move to held for sale and write-downs upon transfer to OREO

Regions Financial Corporation and Subsidiaries	Page 12
Financial Supplement to Third Quarter 2012 Earnings Release

Gross and Net NPL Migration

	Quarter Ended
($ in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Beginning Non-Performing Loans(1)	$	1,915		$	2,151		$	2,372		$	2,710		$	2,784
Additions(2):
Land/Single Family/Condo Investor Real Estate	$	24		$	45		$	57		$	58		$	189
Income Producing IRE		118			69			105			199			273
Total Investor Real Estate		142			114			162			257			462
Commercial		120			83			76			140			161
Business and Community		190			134			150			165			144
Consumer		11			(16	)		(7	)		(1	)		(12	)
Total Gross NPL Additions	$	463	��	$	315		$	381		$	561		$	755
Resolutions(3)		(217	)		(265	)		(267	)		(340	)		(253	)
Charge-Offs(4)		(159	)		(164	)		(212	)		(305	)		(354	)
Home Equity Reclassification(5)		—			—			—			—			56
Net Additions (Reductions)	$	87		$	(114	)	$	(98	)	$	(84	)	$	204
Non-Accrual Loan Sales		(8	)		(24	)		(5	)		(8	)		(37	)
Transfer to HFS		(81	)		(77	)		(93	)		(196	)		(206	)
Transfer to OREO		(29	)		(21	)		(25	)		(50	)		(35	)
Ending Non-Performing Loans(1)	$	1,884		$	1,915		$	2,151		$	2,372		$	2,710

(1) Does not include Loans Held for Sale

(2) All net activity within the consumer portfolio other than sales and transfers to held for sale is included as a single net number within the additions line, due to the relative immateriality of consumer non-accrual loans.

(3) Includes payments and returned to accruals

(4) Includes charge-offs on loans on non-accrual status and charge-offs taken upon sale and transfer of non-accrual loans to held for sale

(5) Beginning in 3Q11, credit policy on home equity lines and loans in second lien position changed such that they are placed on non-accrual by the end of the month in which the loan becomes 120 days past due. Prior policy required all real estate secured loans to be placed on non-accrual by the end of the month in which the loan becomes 180 days past due unless the loan is fully secured and in process of collection. The effect of the reclassification was to increase non-accrual loans and to decrease 90 days past due loans.

Foreclosed Properties

	Quarter Ended
($ in millions)	9/30/12			6/30/12			03/31/12			12/31/11			9/30/11
Beginning Foreclosed Properties	$	214		$	241		$	296		$	337		$	437
Transfers in	$	70		$	80		$	94		$	119		$	94
Sales		(68	)		(87	)		(129	)		(121	)		(146	)
Writedowns / Other Activity		(19	)		(20	)		(20	)		(39	)		(48	)
Ending Foreclosed Properties	$	197		$	214		$	241		$	296		$	337

Non-Performing Loans Held for Sale

	Quarter Ended
($ in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Beginning Non-Performing Loans Held for Sale	$	202		$	249		$	328		$	344		$	381
Transfers in(1)	$	81		$	77		$	93		$	196		$	218
Sales		(138	)		(103	)		(145	)		(175	)		(244	)
Writedowns		(1	)		(6	)		(2	)		(7	)		(2	)
Loan moved from HFS / Other Activity		(7	)		(4	)		(8	)		(21	)		(6	)
Transfers to OREO		(3	)		(11	)		(17	)		(9	)		(3	)
Ending Non-Performing Loans Held for Sale	$	134		$	202		$	249		$	328		$	344

(1) During the Quarter-ended 9/30/11, there were approximately $12 million in transfers from Accruing Loans Held for Sale to Non-Performing Loans Held for Sale.

Composition of Non-Performing Loans Held for Sale

Quarter Transferred to HFS	Percent
3Q12		56.9	%
2Q12		6.0	%
1Q12		3.9	%
2011		27.3	%
Pre-2011		5.9	%
Total		100.0	%

Regions Financial Corporation and Subsidiaries	Page 13
Financial Supplement to Third Quarter 2012 Earnings Release

Early and Late Stage Delinquencies

30-89 Days Past Due Loans

	Quarter Ended
($ millions)	9/30/12				6/30/12				3/31/12				12/31/11				9/30/11
Commercial and Industrial	$	88	0.33	%	$	64	0.25	%	$	43	0.17	%	$	61	0.25	%	$	87	0.36	%
Commercial Real Estate Mortgage - OO		69	0.67	%		90	0.85	%		68	0.62	%		70	0.63	%		87	0.76	%
Commercial Real Estate Construction - OO		2	0.82	%		2	0.47	%		1	0.28	%		4	1.12	%		1	0.20	%
Total Commercial	$	159	0.43	%	$	156	0.42	%	$	112	0.31	%	$	135	0.37	%	$	175	0.48	%
Commercial Investor Real Estate Mortgage	$	79	1.01	%	$	103	1.20	%	$	122	1.33	%	$	76	0.78	%	$	126	1.18	%
Commercial Investor Real Estate Construction		40	4.73	%		3	0.36	%		3	0.37	%		28	2.76	%		17	1.42	%
Total Investor Real Estate	$	119	1.37	%	$	106	1.12	%	$	125	1.24	%	$	104	0.97	%	$	143	1.21	%
Residential First Mortgage	$	254	1.92	%	$	221	1.65	%	$	258	1.89	%	$	287	2.08	%	$	269	1.91	%
Home Equity		156	1.30	%		153	1.25	%		158	1.24	%		198	1.52	%		180	1.36	%
Direct		13	1.48	%		11	1.31	%		9	1.12	%		13	1.56	%		12	1.44	%
Indirect		35	1.61	%		27	1.33	%		25	1.30	%		33	1.80	%		30	1.66	%
Consumer Credit Card		15	1.64	%		12	1.28	%		12	1.28	%		14	1.39	%		14	1.40	%
Other Consumer		12	3.48	%		12	3.47	%		9	2.74	%		12	3.45	%		12	3.46	%
Total Consumer	$	485	1.64	%	$	436	1.46	%	$	471	1.55	%	$	557	1.81	%	$	517	1.65	%
Total 30-89 Days Past Due Loans	$	763	1.01	%	$	698	0.92	%	$	708	0.92	%	$	796	1.03	%	$	835	1.05	%

90+ Days Past Due Loans

	Quarter Ended
($ millions)	9/30/12				6/30/12				3/31/12				12/31/11				9/30/11
Commercial & Industrial	$	6	0.02	%	$	5	0.02	%	$	9	0.03	%	$	28	0.11	%	$	10	0.04	%
Commercial Real Estate Mortgage - OO		8	0.07	%		9	0.08	%		9	0.08	%		9	0.08	%		6	0.05	%
Commercial Real Estate Construction - OO		—	0.14	%		—	0.16	%		—	0.00	%		—	0.00	%		—	0.00	%
Total Commercial	$	14	0.04	%	$	14	0.04	%	$	18	0.05	%	$	37	0.10	%	$	16	0.04	%
Commercial Investor Real Estate Mortgage	$	7	0.10	%	$	16	0.19	%	$	2	0.02	%	$	13	0.13	%	$	9	0.08	%
Commercial Investor Real Estate Construction		1	0.08	%		—	0.00	%		—	0.00	%		—	0.01	%		—	0.01	%
Total Investor Real Estate	$	8	0.09	%	$	16	0.17	%	$	2	0.02	%	$	13	0.12	%	$	9	0.07	%
Residential First Mortgage	$	297	2.25	%	$	281	2.10	%	$	300	2.21	%	$	284	2.06	%	$	291	2.06	%
Home Equity(1)		69	0.57	%		74	0.60	%		87	0.69	%		93	0.71	%		81	0.61	%
Direct		1	0.16	%		1	0.14	%		1	0.13	%		2	0.23	%		2	0.19	%
Indirect		2	0.10	%		2	0.11	%		2	0.09	%		2	0.13	%		1	0.08	%
Consumer Credit Card		12	1.26	%		13	1.38	%		14	1.50	%		13	1.38	%		10	1.03	%
Other Consumer		2	0.54	%		2	0.62	%		3	0.90	%		3	0.75	%		2	0.50	%
Total Consumer	$	383	1.29	%	$	373	1.25	%	$	407	1.34	%	$	397	1.29	%	$	387	1.23	%
Total 90+ Days Past Due Loans	$	405	0.54	%	$	403	0.53	%	$	427	0.56	%	$	447	0.58	%	$	412	0.52	%

OO = Owner Occupied

(1) Refer to page 12 for the home equity reclassification which increased non-accrual loans and decreased 90 days past due loans in 3Q11.

Regions Financial Corporation and Subsidiaries	Page 14
Financial Supplement to Third Quarter 2012 Earnings Release

Non-Accrual Loans (excludes loans held for sale)

	Quarter Ended
($ millions)	9/30/12				6/30/12				3/31/12				12/31/11				9/30/11
Commercial and Industrial	$	393	1.49	%	$	366	1.41	%	$	439	1.75	%	$	457	1.86	%	$	498	2.05	%
Commercial Real Estate Mortgage - OO		504	4.88	%		504	4.75	%		545	4.99	%		590	5.29	%		668	5.79	%
Commercial Real Estate Construction - OO		15	5.30	%		20	7.61	%		23	8.32	%		25	7.36	%		27	7.68	%
Total Commercial	$	912	2.47	%	$	890	2.41	%	$	1,007	2.77	%	$	1,072	2.98	%	$	1,193	3.30	%
Commercial Investor Real Estate Mortgage	$	560	7.12	%	$	599	6.97	%	$	640	6.99	%	$	734	7.56	%	$	829	7.75	%
Commercial Investor Real Estate Construction		52	6.15	%		74	8.73	%		127	13.22	%		180	17.61	%		296	24.93	%
Total Investor Real Estate	$	612	7.03	%	$	673	7.12	%	$	767	7.58	%	$	914	8.52	%	$	1,125	9.46	%
Residential First Mortgage		224	1.69	%		229	1.71	%		241	1.77	%		250	1.81	%		261	1.85	%
Home Equity(1)		136	1.12	%		123	1.00	%		136	1.08	%		136	1.04	%		131	0.98	%
Direct			0.00	%		—	0.00	%		—	0.00	%		—	0.00	%		—	0.00	%
Indirect			0.00	%		—	0.00	%		—	0.00	%		—	0.00	%		—	0.00	%
Consumer Credit Card			0.00	%		—	0.00	%		—	0.00	%		—	0.00	%		—	0.00	%
Other Consumer			0.00	%		—	0.00	%		—	0.00	%		—	0.00	%		—	0.00	%
Total Consumer	$	360	1.22	%	$	352	1.18	%	$	377	1.25	%	$	386	1.25	%	$	392	1.25	%
Total Non-Accrual Loans	$	1,884	2.50	%	$	1,915	2.51	%	$	2,151	2.80	%	$	2,372	3.06	%	$	2,710	3.41	%

OO = Owner Occupied

(1) Refer to page 12 for the home equity reclassification which increased non-accrual loans and decreased 90 days past due loans in 3Q11.

Business Services Credit Quality - Criticized Loans

	Quarter Ended
($ millions)	9/30/12				6/30/12				3/31/12				12/31/11				9/30/11
Special Mention	$	1,707	3.73	%	$	1,548	3.34	%	$	1,652	3.56	%	$	1,637	3.50	%	$	1,897	3.95	%
Classified Loans	$	3,424	7.49	%	$	3,888	8.39	%	$	4,327	9.32	%	$	4,733	10.12	%	$	5,408	11.25	%
Total Business Services	$	5,131	11.23	%	$	5,436	11.73	%	$	5,979	12.88	%	$	6,370	13.62	%	$	7,305	15.20	%

Investor Real Estate Analysis

Represents percent of loan balances in the portfolio

	Core State(1)																								% of Total
	AL			AR			FL			GA			LA			MS			TN			Other			IRE
MULTI-FAMILY		2.0	%		0.6	%		3.4	%		1.6	%		1.1	%		0.4	%		2.1	%		11.2	%		22.4	%
RETAIL		2.1	%		0.7	%		5.2	%		2.4	%		0.5	%		0.2	%		1.6	%		8.6	%		21.3	%
OFFICE		2.1	%		0.2	%		3.9	%		2.6	%		1.3	%		0.4	%		1.1	%		8.0	%		19.6	%
INDUSTRIAL		1.1	%		0.1	%		1.6	%		1.4	%		0.3	%		0.3	%		1.0	%		3.1	%		8.9	%
SINGLE FAMILY		1.5	%		0.4	%		1.3	%		0.8	%		0.4	%		0.2	%		0.9	%		2.2	%		7.7	%
LAND		0.8	%		0.2	%		2.9	%		0.5	%		0.3	%		0.1	%		0.8	%		1.5	%		7.1	%
HOTEL		0.7	%		0.5	%		1.9	%		0.2	%		0.7	%		0.4	%		0.4	%		1.5	%		6.3	%
OTHER		0.8	%		0.2	%		1.6	%		0.5	%		0.4	%		0.3	%		0.6	%		1.3	%		5.7	%
CONDO		0.1	%		0.0	%		0.6	%		0.1	%		0.0	%		0.0	%		0.1	%		0.1	%		1.0	%
Grand Total		11.2	%		2.9	%		22.4	%		10.1	%		5.0	%		2.3	%		8.6	%		37.5	%		100.0	%

(1) Core State of Regions Bank’s Footprint in which the underlying collateral is located.

	Construction			Mortgage			Non- Performing Loans as a % of Total IRE			90+ days past due as a % of Total IRE			30-89 days past due as a % of Total IRE
MULTI-FAMILY		2.4	%		20.1	%		1.2	%		0.0	%		0.1	%
RETAIL		0.7	%		20.7	%		1.6	%		0.0	%		0.4	%
OFFICE		0.7	%		18.9	%		0.6	%		0.0	%		0.4	%
INDUSTRIAL		0.2	%		8.7	%		0.5	%		0.0	%		0.0	%
SINGLE FAMILY		3.9	%		3.7	%		0.9	%		0.1	%		0.1	%
LAND		1.6	%		5.5	%		1.4	%		0.0	%		0.3	%
HOTEL		0.1	%		6.1	%		0.0	%		0.0	%		0.0	%
OTHER		0.0	%		5.7	%		0.7	%		0.0	%		0.1	%
CONDO		0.2	%		0.8	%		0.1	%		0.0	%		0.0	%
Grand Total		9.8	%		90.2	%		7.0	%		0.1	%		1.4	%

Regions Financial Corporation and Subsidiaries	Page 15
Financial Supplement to Third Quarter 2012 Earnings Release

Residential Lending Net Charge-off Analysis

		Quarter Ended
		9/30/2012															6/30/2012
		First Liens									Junior Liens			Total(1)			First Liens									Junior Liens			Total(1)
($ in millions)		Residential Mortgage			Home Equity			Total			Home Equity						Residential Mortgage			Home Equity			Total			Home Equity
Florida	Net Charge-off %*		1.73	%		1.39	%		1.64	%		3.75	%		2.20	%		2.06	%		2.16	%		2.09	%		4.72	%		2.80	%
	$ Losses	$	22.0		$	6.6		$	28.7		$	24.0		$	52.7		$	26.2		$	10.4		$	36.6		$	30.9		$	67.5
	Balance	$	5,037.1		$	1,882.0		$	6,919.1		$	2,511.8		$	9,430.9		$	5,089.6		$	1,906.8		$	6,996.4		$	2,596.1		$	9,592.5
	Original LTV		73.0	%		65.4	%					75.7	%					72.9	%		65.5	%					75.8	%
All Other	Net Charge-off %*		0.65	%		0.75	%		0.68	%		1.39	%		0.86	%		0.79	%		0.68	%		0.76	%		1.55	%		0.96	%
States	$ Losses	$	13.4		$	7.1		$	20.5		$	13.9		$	34.4		$	16.4		$	6.4		$	22.8		$	15.9		$	38.7
	Balance	$	8,188.3		$	3,722.9		$	11,911.2		$	3,908.7		$	15,819.9		$	8,304.2		$	3,756.6		$	12,060.8		$	4,061.6		$	16,122.4
	Original LTV		74.3	%		66.3	%					79.2	%					74.3	%		66.5	%					79.2	%
Totals	Net Charge-off %*		1.06	%		0.97	%		1.03	%		2.31	%		1.36	%		1.27	%		1.18	%		1.24	%		2.79	%		1.65	%
	$ Losses	$	35.5		$	13.7		$	49.2		$	37.9		$	87.1		$	42.6		$	16.8		$	59.4		$	46.9		$	106.3
	Balance	$	13,225.4		$	5,604.9		$	18,830.3		$	6,420.6		$	25,250.9		$	13,393.8		$	5,663.4		$	19,057.1		$	6,657.8		$	25,714.9
	Original LTV		73.8	%		66.0	%					77.8	%					73.8	%		66.2	%					77.9	%

(1) Total line item includes first liens on residential first mortgage and home equity, as well as junior liens on home equity

* 21% Florida junior lien concentration driving results

* Junior lien, Florida net charge-offs represent 47% of 3Q12 Home Equity net charge-offs but just 21% of Home Equity outstanding balances.

* Net Home Equity charge-offs in Florida approximately 2.5 times non-Florida net charge-off rate

* Home Equity origination quality solid with an average FICO of 776 and an average LTV of 58%; Property value declines driving losses

Notes: * Recoveries are pro-rated based on charge-off balances.

           * Balances shown on an ending basis. Net loss rates calculated using average balances

Regions Financial Corporation and Subsidiaries	Page 16
Financial Supplement to Third Quarter 2012 Earnings Release

Reconciliation to GAAP Financial Measures

Net Income (Loss) and Earnings (Loss) Per Share

The table below presents earnings (loss) per share from continuing operations, excluding preferred dividends and accretion. The table also presents computations of earnings (loss) and certain other financial measures, excluding goodwill impairment (non-GAAP) recorded in 2011. The preferred dividends and accretion and goodwill impairment charge are included in financial results presented in accordance with generally accepted accounting principles (GAAP). Regions believes that the exclusion of the preferred dividends and accretion and goodwill impairment in expressing earnings (loss) and certain other financial measures, including “earnings (loss) per common share from continuing operations, excluding preferred dividends and accretion” and “earnings (loss) per common share, excluding goodwill impairment” provides a meaningful base for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business because management does not consider the preferred dividends and accretion and goodwill impairment to be relevant to ongoing operating results. Management and the Board of Directors utilize these non-GAAP financial measures for the following purposes: preparation of Regions’ operating budgets; monthly financial performance reporting; monthly close-out reporting of consolidated results (management only); and presentations to investors of Company performance. Regions believes that presenting these non-GAAP financial measures will permit investors to assess the performance of the Company on the same basis as that applied by management and the Board of Directors. Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied and are not audited. Although these non-GAAP financial measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical tools, and should not be considered in isolation, or as a substitute for analyses of results as reported under GAAP. In particular, a measure of earnings that excludes the preferred dividends and accretion and goodwill impairment charge does not represent the amount that effectively accrues directly to stockholders (i.e. the preferred dividends and accretion and goodwill impairment charge are reductions in earnings and stockholders’ equity).

		As of and for Quarter Ended
($ amounts in millions, except per share data)		09/30/12			06/30/12		03/31/12			12/31/11			9/30/11
Net income (loss) available to common shareholders (GAAP)		$	301		$	284	$	145		$	(602	)	$	101
Preferred dividends and accretion (GAAP)			—			71		54			54			54
Income (loss) from discontinued operations, net of tax (GAAP)			(11	)		4		(40	)		(467	)		14
Income (loss) from continuing operations (GAAP)	A	$	312		$	351	$	239		$	(81	)	$	141
Net income (loss) available to common shareholders (GAAP)	B	$	301		$	284	$	145		$	(602	)	$	101
Goodwill impairment, net of tax			—			—		—			731			—
Income available to common shareholders, excluding goodwill impairment (non-GAAP)	C	$	301		$	284	$	145		$	129		$	101
Net income (loss) available to common shareholders (GAAP)	B	$	301		$	284	$	145		$	(602	)	$	101
Income (loss) from discontinued operations, net of tax (GAAP)(1)			(11	)		4		(40	)		(467	)		14
Income (loss) from continuing operations available to common shareholders (GAAP)	D		312			280		185			(135	)		87
Goodwill impairment from continuing operations (non-deductible)			—			—		—			253			—
Income from continuing operations available to common shareholders, excluding goodwill impairment (non-GAAP)	E	$	312		$	280	$	185		$	118		$	87
Weighted-average diluted shares	F		1,423			1,418		1,283			1,259			1,261
Earnings (loss) per common share from continuing operations, excluding preferred dividends and accretion - diluted (non-GAAP)	A/F	$	0.22		$	0.25	$	0.19		$	(0.06	)	$	0.11
Earnings (loss) per common share - diluted (GAAP)	B/F	$	0.21		$	0.20	$	0.11		$	(0.48	)	$	0.08
Earnings (loss) per common share from continuing operations - diluted (GAAP)	D/F	$	0.22		$	0.20	$	0.14		$	(0.11	)	$	0.07
Earnings per common share from continuing operations, excluding goodwill impairment - diluted (non-GAAP)	E/F	$	0.22		$	0.20	$	0.14		$	0.09		$	0.07

(1) There are no preferred shares allocable to discontinued operations.

Regions Financial Corporation and Subsidiaries	Page 17
Financial Supplement to Third Quarter 2012 Earnings Release

Reconciliation to GAAP Financial Measures - Continuing Operations

Fee Income Ratios and Efficiency Ratios

The table below presents computations of the efficiency ratio (non-GAAP), which is a measure of productivity, generally calculated as non-interest expense divided by total revenue. The table also shows the fee ratio (non-GAAP), generally calculated as non-interest income divided by total revenue. Management uses these ratios to monitor performance and believes these measures provide meaningful information to investors. Non-interest expense (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest expense (non-GAAP), which is the numerator for the efficiency ratio. Non-interest income (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest income (non-GAAP), which is the numerator for the fee ratio. Net interest income on a fully taxable-equivalent basis (GAAP) and non-interest income are added together to arrive at total revenue (GAAP). Adjustments are made to arrive at adjusted total revenue (non-GAAP), which is the denominator for the fee and efficiency ratios. Regions believes that the exclusion of these adjustments provides a meaningful base for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by manageme to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations. Regions believes that presentation of these non-GAAP financial measures will permit investors to assess the performance of the Company on the same basis as that applied by management.

		Quarter Ended
($ amounts in millions)		9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
Continuing Operations
Non-interest expense (GAAP)		$	869		$	842		$	913		$	1,124		$	850
Adjustments:
Securities impairment, net			—			(2	)		—			(2	)		—
Branch consolidation and property and equipment charges			—			—			—			2			—
Goodwill impairment			—			—			—			(253	)		—
Adjusted non-interest expense (non-GAAP)	G	$	869		$	840		$	913		$	871		$	850
Net interest income, taxable-equivalent basis (GAAP)		$	830		$	850		$	839		$	858		$	859
Non-interest income (GAAP)		$	533		$	507		$	524		$	507		$	513
Adjustments:
Securities (gains) losses, net			(12	)		(12	)		(12	)		(7	)		1
Leveraged lease termination (gains) losses, net			—			(7	)		(7	)		(10	)		2
Adjusted non-interest income (non-GAAP)	H		521			488			505			490			516
Adjusted total revenue (non-GAAP)	I	$	1,351		$	1,338		$	1,344		$	1,348		$	1,375
Fee income ratio (non-GAAP)	H/I		38.6	%		36.5	%		37.6	%		36.4	%		37.5	%
Efficiency ratio (non-GAAP)	G/I		64.3	%		62.8	%		67.9	%		64.6	%		61.8	%

Adjusted Non-Interest Income/Expense

The table below presents computations of adjusted non-interest income/expense for the third quarter of 2012 and the second quarter of 2012 (non-GAAP). Management uses these measures to monitor performance and believes these measures provide meaningful information to investors. Non-interest income/expense (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest income/expense (non-GAAP). Regions believes that the exclusion of these adjustments provides a meaningful base for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations. Regions believes that presentation of these non-GAAP financial measures will permit investors to assess the performance of the Company on the same basis as that applied by management.

	Quarter Ended
	9/30/12			6/30/12			$ Change		% Change
Continuing Operations
Non-interest income (GAAP)	$	533		$	507		$	26		5.1	%
Adjustments:
Securities gains, net		(12	)		(12	)		—		—
Leveraged lease termination gains, net		—			(7	)		7		NM
Adjusted non-interest income (non-GAAP)	$	521		$	488		$	33		6.8	%

	Quarter Ended
	9/30/12		6/30/12			$ Change		% Change
Continuing Operations
Non-interest expense (GAAP)	$	869	$	842		$	27		3.2	%
Adjustments:
Securities impairment, net		—		(2	)		2		NM
Adjusted non-interest expense (non-GAAP)	$	869	$	840		$	29		3.5	%

Regions Financial Corporation and Subsidiaries	Page 18
Financial Supplement to Third Quarter 2012 Earnings Release

Reconciliation to GAAP Financial Measures

Return Ratios, Tangible Common Ratios, Capital

The following tables provide calculations of “return on average assets from continuing operations”, “return on average tangible common stockholders’ equity”, end of period “tangible common stockholders’ equity” ratios and a reconciliation of stockholders’ equity (GAAP) to tangible common stockholders’ equity (non-GAAP), Tier 1 capital (regulatory) and “Tier 1 common equity” (non-GAAP). Tangible common stockholders’ equity ratios have become a focus of some investors and management believes they may assist investors in analyzing the capital position of the Company absent the effects of intangible assets and preferred stock. Traditionally, the Federal Reserve and other banking regulatory bodies have assessed a bank’s capital adequacy based on Tier 1 capital, the calculation of which is prescribed in amount by federal banking regulations. In connection with the Company’s Comprehensive Capital Assessment and Review (“CCAR”), these regulators are supplementing their assessment of the capital adequacy of a bank based on a variation of Tier 1 capital, known as Tier 1 common equity. While not prescribed in amount by federal banking regulations, analysts and banking regulators have assessed Regions’ capital adequacy using the tangible common stockholders’ equity and/or the Tier 1 common equity measure. Because tangible common stockholders’ and Tier 1 common equity are not formally defined by GAAP or prescribed in any amount by federal banking regulations, these measures are considered to be non-GAAP financial measures and other entities may calculate them differently than Regions’ disclosed calculations. Since analysts and banking regulators may assess Regions’ capital adequacy using tangible common stockholders’ equity and Tier 1 common equity, management believes that it is useful to provide investors the ability to assess Regions’ capital adequacy on these same bases.

Tier 1 common equity is often expressed as a percentage of risk-weighted assets. Under the risk-based capital framework, a company’s balance sheet assets and credit equivalent amounts of off-balance sheet items are assigned to one of four broad risk categories. The aggregated dollar amount in each category is then multiplied by the risk-weighted category. The resulting weighted values from each of the four categories are added together and this sum is the risk-weighted assets total that, as adjusted, comprises the denominator of certain risk-based capital ratios. Tier 1 capital is then divided by this denominator (risk-weighted assets) to determine the Tier 1 capital ratio. Adjustments are made to Tier 1 capital to arrive at Tier 1 common equity (non-GAAP). Tier 1 common equity (non-GAAP) is also divided by the risk-weighted assets to determine the Tier 1 common equity ratio (non-GAAP). The amounts disclosed as risk-weighted assets are calculated consistent with banking regulatory requirements.

($ amounts in millions, except per share data)		As of and for Quarter Ended
		9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
RETURN ON AVERAGE ASSETS FROM CONTINUING OPERATIONS
Average assets (GAAP) - continuing operations	J	$	121,531		$	122,426		$	123,756		$	124,900		$	126,586
Return on average assets from continuing operations (GAAP)(1)	D/J		1.02	%		0.92	%		0.59	%		(0.43	%)		0.26	%
Return on average assets from continuing operations, excluding goodwill impairment (non-GAAP)(1)	E/J		1.02	%		0.92	%		0.59	%		0.37	%		0.26	%
RETURN ON AVERAGE TANGIBLE COMMON STOCKHOLDERS’ EQUITY
Average stockholders’ equity (GAAP)		$	14,663		$	14,347		$	16,715		$	17,151		$	17,069
Less: Average intangible assets (GAAP)			5,195			5,221			5,253			6,019			5,998
Average deferred tax liability related to intangibles (GAAP)			(198	)		(198	)		(198	)		(210	)		(224	)
Average preferred equity (GAAP)			—			113			3,423			3,413			3,402
Average tangible common stockholders’ equity (non-GAAP)	K	$	9,666		$	9,211		$	8,237		$	7,929		$	7,893
Return on average tangible common stockholders’ equity (GAAP)(1)	B/K		12.40	%		12.40	%		7.08	%		(30.12	%)		5.05	%
Return on average tangible common stockholders’ equity, excluding goodwill impairment (non-GAAP)(1)	C/K		12.40	%		12.40	%		7.08	%		6.45	%		5.05	%
TANGIBLE COMMON RATIOS - CONSOLIDATED
Stockholders’ equity (GAAP)		$	14,901		$	14,455		$	17,534		$	16,499		$	17,263
Less: Preferred equity (GAAP)			—			—			3,429			3,419			3,409
Intangible assets (GAAP)			5,181			5,207			5,236			5,265			6,039
Deferred tax liability related to intangibles (GAAP)			(195	)		(201	)		(195	)		(200	)		(220	)
Tangible common stockholders’ equity (non-GAAP)	L	$	9,915		$	9,449		$	9,064		$	8,015		$	8,035
Total assets (GAAP)		$	121,798		$	122,345		$	128,282		$	127,050		$	129,762
Less: Intangible assets (GAAP)			5,181			5,207			5,236			5,265			6,039
Deferred tax liability related to intangibles (GAAP)			(195	)		(201	)		(195	)		(200	)		(220	)
Tangible assets (non-GAAP)	M	$	116,812		$	117,339		$	123,241		$	121,985		$	123,943
Shares outstanding - end of quarter	N		1,413			1,413			1,412			1,259			1,259
Tangible common stockholders’ equity to tangible assets (non-GAAP)	L/M		8.49	%		8.04	%		7.35	%		6.57	%		6.48	%
Tangible common book value per share (non-GAAP)	L/N	$	7.02		$	6.69		$	6.42		$	6.37		$	6.38
TIER 1 COMMON RISK-BASED RATIO(2) - CONSOLIDATED
Stockholders’ equity (GAAP)		$	14,901		$	14,455		$	17,534		$	16,499		$	17,263
Accumulated other comprehensive (income) loss			(202	)		(54	)		60			69			(92	)
Non-qualifying goodwill and intangibles			(4,836	)		(4,852	)		(4,881	)		(4,900	)		(5,649	)
Disallowed deferred tax assets			(238	)		(336	)		(345	)		(432	)		(506	)
Disallowed servicing assets			(33	)		(33	)		(36	)		(35	)		(35	)
Qualifying non-controlling interests			93			92			92			92			92
Qualifying trust preferred securities			846			846			846			846			846
Tier 1 capital (regulatory)		$	10,531		$	10,118		$	13,270		$	12,139		$	11,919
Qualifying non-controlling interests			(93	)		(92	)		(92	)		(92	)		(92	)
Qualifying trust preferred securities			(846	)		(846	)		(846	)		(846	)		(846	)
Preferred stock			—			—			(3,429	)		(3,419	)		(3,409	)
Tier 1 common equity (non-GAAP)	O	$	9,592		$	9,180		$	8,903		$	7,782		$	7,572
Risk-weighted assets (regulatory)	P		91,621			91,779			92,546			91,449			92,786
Tier 1 common risk-based ratio (non-GAAP)	O/P		10.5	%		10.0	%		9.6	%		8.5	%		8.2	%

(1) Annualized

(2) Current quarter amount and the resulting ratio is estimated

Regions Financial Corporation and Subsidiaries	Page 19
Financial Supplement to Third Quarter 2012 Earnings Release

Reconciliation to GAAP Financial Measures

Tier 1 Capital - With History Adjusted for Series A Retirement

Regions’ Series A preferred stock was repurchased on April 4, 2012 and the warrant to purchase 48.3 million shares of Regions common stock was retired on May 2, 2012. The following table presents the calculations of Tier 1 capital and the Tier 1 capital ratio, adjusted as if the repurchase of the shares and the retirement of the warrant occurred on the last day of the quarter for each prior period presented. The amount retired includes the Series A preferred stock plus the remaining balance of the related discount.

	Quarter Ended
($ amounts in millions)	9/30/12			6/30/12			3/31/12			12/31/11			9/30/11
TIER 1 RISK-BASED RATIO
Stockholders’ equity	$	14,901		$	14,455		$	17,534		$	16,499		$	17,263
Accumulated other comprehensive (income) loss		(202	)		(54	)		60			69			(92	)
Non-qualifying goodwill and intangibles		(4,836	)		(4,852	)		(4,881	)		(4,900	)		(5,649	)
Disallowed deferred tax assets		(238	)		(336	)		(345	)		(432	)		(506	)
Disallowed servicing assets		(33	)		(33	)		(36	)		(35	)		(35	)
Qualifying non-controlling interests		93			92			92			92			92
Qualifying trust preferred securities		846			846			846			846			846
Tier 1 capital as reported	$	10,531		$	10,118		$	13,270		$	12,139		$	11,919
Series A Preferred Stock Retirement (Reduction to Stockholders’ equity)	$	—		$	—		$	(3,500	)	$	(3,500	)	$	(3,500	)
Retirement of warrant to purchase 48.3 million shares of Regions common stock		—			—			(45	)		(45	)		(45	)
Tier 1 capital as adjusted to exclude Series A Preferred Stock	$	10,531		$	10,118		$	9,725		$	8,594		$	8,374
Risk-weighted assets(1)		91,621			91,779			92,546			91,449			92,786
Tier 1 capital ratio(1)		11.5	%		11.0	%		14.3	%		13.3	%		12.8	%
Tier 1 capital ratio excluding Series A Preferred Stock and associated warrant(1)		11.5	%		11.0	%		10.5	%		9.4	%		9.0	%

(1) Current quarter amount and the resulting ratios are estimated

Regions Financial Corporation and Subsidiaries	Page 20
Financial Supplement to Third Quarter 2012 Earnings Release

Statements of Discontinued Operations (unaudited)

On January 11, 2012, Regions entered into a stock purchase agreement to sell Morgan Keegan and Company, Inc. and related affiliates to Raymond James Financial Inc. The sale was closed on April 2, 2012. Regions Investment Management, Inc. (formerly known as Morgan Asset Management, Inc.) and Regions Trust are not included in the sale. In connection with the closing, the Company and Raymond James agreed that in lieu of the $250 million pre-closing dividend from Morgan Keegan and Company, Inc. to the Company as contemplated in the original agreement, the parties would increase the purchase price by the same amount. The total purchase price received by the Company was approximately $1.2 billion. In connection with the agreement, the results of the entities being sold are reported as discontinued operations. The following tables represent the unaudited condensed results of operations for discontinued operations.

	Quarter Ended
($ amounts in millions)	9/30/12			6/30/12		3/31/12			12/31/11			9/30/11
Interest income	$	—		$	—	$	8		$	8		$	9
Interest expense		—			—		1			1			1
Net interest income		—			—		7			7			8
Non-interest income
Brokerage, investment banking and capital markets		—			—		233			251			222
Gain on sale		1			15		—			—			—
Other		—			—		7			11			10
Total non-interest income		1			15		240			262			232
Non-interest expense
Salaries and employee benefits		—			—		171			172			146
Net occupancy expense		—			—		9			9			9
Furniture and equipment expense		—			—		8			9			7
Goodwill impairment		—			—		—			492			—
Professional and legal fees		19			10		96			23			22
Other		1			1		28			36			32
Total non-interest expense		20			11		312			741			216
Income (loss) from discontinued operations before income tax		(19	)		4		(65	)		(472	)		24
Income tax expense (benefit)(1)		(8	)		—		(25	)		(5	)		10
Income (loss) from discontinued operations, net of tax	$	(11	)	$	4	$	(40	)	$	(467	)	$	14
Weighted-average shares outstanding—during quarter:
Basic		1,414			1,414		1,282			1,259			1,259
Diluted		1,414			1,418		1,282			1,259			1,261
Earnings (loss) per common share from discontinued operations:
Basic	$	(0.01	)	$	0.00	$	(0.03	)	$	(0.37	)	$	0.01
Diluted	$	(0.01	)	$	0.00	$	(0.03	)	$	(0.37	)	$	0.01

(1) The income tax benefit for the fourth quarter of 2011 includes a $14 million benefit related to goodwill impairment.

Regions Financial Corporation and Subsidiaries	Page 21
Financial Supplement to Third Quarter 2012 Earnings Release

Forward-Looking Statements

This presentation may include forward-looking statements which reflect Regions’ current views with respect to future events and financial performance. The Private Securities Litigation Reform Act of 1995 (“the Act”) provides a “safe harbor” for forward-looking statements which are identified as such and are accompanied by the identification of important factors that could cause actual results to differ materially from the forward-looking statements. For these statements, we, together with our subsidiaries, claim the protection afforded by the safe harbor in the Act. Forward-looking statements are not based on historical information, but rather are related to future operations, strategies, financial results or other developments. Forward-looking statements are based on management’s expectations as well as certain assumptions and estimates made by, and information available to, management at the time the statements are made. Those statements are based on general assumptions and are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from the views, beliefs and projections expressed in such statements. These risks, uncertainties and other factors include, but are not limited to, those described below:

›The Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”)became law in July 2010, and a number of legislative, regulatory and tax proposals remain pending. Additionally, the U.S. Treasury Department and federal banking regulators continue to implement, but are also beginning to wind down, a number of programs to address capital and liquidity in the banking system. Future and proposed rules, including those that are part of the Basel III process are expected to require banking institutions to increase levels of capital. All of the foregoing may have significant effects on Regions and the financial services industry, the exact nature and extent of which cannot be determined at this time.

›Possible additional loan losses, impairment of goodwill and other intangibles, and adjustment of valuation allowances on deferred tax assets and the impact on earnings and capital.

›Possible changes in interest rates may increase funding costs and reduce earning asset yields, thus reducing margins. Increases in benchmark interest rates would also increase debt service requirements for customers whose terms include a variable interest rate, which may negatively impact the ability of borrowers to pay as contractually obligated.

›Possible changes in general economic and business conditions in the United States in general and in the communities Regions serves in particular, including any prolonging or worsening of the current unfavorable economic conditions including unemployment levels.

›Possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans.

›Possible changes in trade, monetary and fiscal policies, laws and regulations and other activities of governments, agencies, and similar organizations, may have an adverse effect on business.

›Possible regulations issued by the Consumer Financial Protection Bureau or other regulators which might adversely impact Regions’ business model or products and services.

›Possible stresses in the financial and real estate markets, including possible continued deterioration in property values.

›Regions’ ability to manage fluctuations in the value of assets and liabilities and off-balance sheet exposure so as to maintain sufficient capital and liquidity to support Regions’ business.

›Regions’ ability to expand into new markets and to maintain profit margins in the face of competitive pressures.

›Regions’ ability to develop competitive new products and services in a timely manner and the acceptance of such products and services by Regions’ customers and potential customers.

›Regions’ ability to keep pace with technological changes.

›Regions’ ability to effectively manage credit risk, interest rate risk, market risk, operational risk, legal risk, liquidity risk, reputational risk, and regulatory and compliance risk.

›Regions’ ability to ensure adequate capitalization which is impacted by inherent uncertainties in forecasting credit losses.

›The cost and other effects of material contingencies, including litigation contingencies, and any adverse judicial, administrative or arbitral rulings or proceedings.

›The effects of increased competition from both banks and non-banks.

›The effects of geopolitical instability and risks such as terrorist attacks.

›Possible changes in consumer and business spending and saving habits could affect Regions’ ability to increase assets and to attract deposits.

›The effects of weather and natural disasters such as floods, droughts, wind, tornados and hurricanes, and the effects of man-made disasters.

›Possible downgrades in ratings issued by rating agencies.

›Possible changes in the speed of loan prepayments by Regions’ customers and loan origination or sales volumes.

›Possible acceleration of prepayments on mortgage-backed securities due to low interest rates and the related acceleration of premium amortization on those securities.

›The effects of problems encountered by larger or similar financial institutions that adversely affect Regions or the banking industry generally.

›Regions’ ability to receive dividends from its subsidiaries.

›The effects of the failure of any component of Regions’ business infrastructure which is provided by a third party.

›Changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies.

›The effects of any damage to Regions reputation resulting from developments related to any of the items identified above

›The foregoing list of factors is not exhaustive. For discussion of these and other factors that may cause actual results to differ from expectations, look under the captions “Forward-Looking Statements” and “Risk Factors” in Regions’ Annual Report on Form 10-K for the year ended December 31, 2011 and the “Foward-Looking Statements” section of Regions’ Quarterly Reports on Form 10-Q for the quarters ended March 31, and June 30, 2012.

›The words “believe,” “expect,” “anticipate,” “project,” and similar expressions often signify forward-looking statements. You should not place undue reliance on any forward-looking statements, which speak only as of the date made. We assume no obligation to update or revise any forward-looking statements that are made from time to time.

Regions’ Investor Relations contact is List Underwood at (205) 801-0265; Regions’ Media contact is Tim Deighton at (205) 264-4551