Regions Financial (RF) 8-K Regions Reports Earnings for First Quarter 2013

Exhibit 99.2

Regions Financial Corporation and Subsidiaries

Financial Supplement

First Quarter 2013

Regions Financial Corporation and Subsidiaries

Financial Supplement to First Quarter 2013 Earnings Release

Table of Contents

	Page
Consolidated Balance Sheets		1
Consolidated Statements of Income		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		8
Non-Interest Income		9
Non-Interest Expense		10
Credit Quality
Allowance for Credit Losses, Net Charge-Offs and Related Ratios		11
NPL, Foreclosed Property and Held for Sale Migration		12
Non-Accrual Loans (excludes loans held for sale) and Residential Lending Net Charge-Off Analysis		13
Early and Late Stage Delinquencies		14
Troubled Debt Restructurings		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 Financial Supplement to First Quarter 2013 Earnings Release Page 1

Consolidated Balance Sheets (unaudited)

	As of
($ amounts in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
Assets:
Cash and due from banks	$	1,796		$	1,979		$	1,738		$	2,000		$	2,036
Interest-bearing deposits in other banks		3,137			3,510			2,192			1,766			5,270
Federal funds sold and securities purchased under agreements to resell		—			—			—			—			167
Trading account assets		121			116			114			110			1,127
Securities available for sale		27,089			27,244			27,603			27,232			27,177
Securities held to maturity		8			10			12			13			15
Loans held for sale		1,082			1,383			1,265			1,187			1,054
Loans, net of unearned income		73,936			73,995			75,259			76,202			76,720
Allowance for loan losses		(1,749	)		(1,919	)		(2,062	)		(2,291	)		(2,530	)
Net loans		72,187			72,076			73,197			73,911			74,190
Other interest-earning assets		102			900			881			901			1,054
Premises and equipment, net		2,252			2,279			2,274			2,300			2,350
Interest receivable		366			344			362			341			397
Goodwill		4,816			4,816			4,816			4,816			4,816
Mortgage servicing rights at fair value (MSRs)		236			191			176			179			199
Other identifiable intangible assets		331			345			365			391			420
Other assets		6,195			6,154			6,803			7,198			8,010
Total assets	$	119,718		$	121,347		$	121,798		$	122,345		$	128,282
Liabilities and stockholders’ equity:
Deposits:
Non-interest-bearing	$	29,971		$	29,963		$	30,345		$	29,625		$	29,646
Interest-bearing		64,162			65,511			64,536			65,473			67,492
Total deposits		94,133			95,474			94,881			95,098			97,138
Borrowed funds:
Short-term borrowings:
Federal funds purchased and securities sold under agreements to repurchase		1,829			1,449			1,866			2,746			2,287
Other short-term borrowings		1			125			70			560			621
Total short-term borrowings		1,830			1,574			1,936			3,306			2,908
Long-term borrowings		5,847			5,861			6,224			6,230			7,196
Total borrowed funds		7,677			7,435			8,160			9,536			10,104
Other liabilities		2,168			2,939			3,856			3,256			3,506
Total liabilities		103,978			105,848			106,897			107,890			110,748
Stockholders’ equity:
Preferred stock, Series A issued to the U.S. Treasury		—			—			—			—			3,429
Preferred stock, Series A non-cumulative perpetual		474			482			—			—			—
Common stock		15			15			15			15			15
Additional paid-in capital		19,643			19,652			19,664			19,666			19,721
Retained earnings (deficit)		(3,003	)		(3,338	)		(3,603	)		(3,904	)		(4,177	)
Treasury stock, at cost		(1,377	)		(1,377	)		(1,377	)		(1,376	)		(1,394	)
Accumulated other comprehensive income (loss), net		(12	)		65			202			54			(60	)
Total stockholders’ equity		15,740			15,499			14,901			14,455			17,534
Total liabilities and stockholders’ equity	$	119,718		$	121,347		$	121,798		$	122,345		$	128,282

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 2

Consolidated Statements of Income (unaudited)

	Quarter Ended
($ amounts in millions, except per share data)	3/31/13		12/31/12			9/30/12			6/30/12		3/31/12
Interest income on:
Loans, including fees	$	743	$	777		$	783		$	806	$	812
Securities - taxable		156		158			170			179		174
Loans held for sale		9		10			9			7		7
Trading account assets		1		1			—			—		1
Other interest-earning assets		2		2			2			2		3
Total interest income		911		948			964			994		997
Interest expense on:
Deposits		42		53			67			76		88
Short-term borrowings		—		1			1			—		—
Long-term borrowings		71		76			79			80		82
Total interest expense		113		130			147			156		170
Net interest income		798		818			817			838		827
Provision for loan losses		10		37			33			26		117
Net interest income after provision for loan losses		788		781			784			812		710
Non-interest income:
Service charges on deposit accounts		242		254			244			233		254
Investment fee income		27		31			34			17		28
Mortgage income		72		90			106			90		77
Trust department income		49		48			48			50		49
Securities gains, net		15		12			12			12		12
Other		96		101			89			105		104
Total non-interest income		501		536			533			507		524
Non-interest expense:
Salaries and employee benefits		447		438			449			434		442
Net occupancy expense		90		97			99			92		94
Furniture and equipment expense		69		65			65			67		64
Other		236		302			256			249		313
Total non-interest expense		842		902			869			842		913
Income before income taxes from continuing operations		447		415			448			477		321
Income tax expense		114		138			136			126		82
Income from continuing operations		333		277			312			351		239
Discontinued operations:
Income (loss) from discontinued operations before income taxes		4		(19	)		(19	)		4		(65	)
Income tax expense (benefit)		2		(7	)		(8	)		—		(25	)
Income (loss) from discontinued operations, net of tax		2		(12	)		(11	)		4		(40	)
Net income	$	335	$	265		$	301		$	355	$	199
Income from continuing operations available to common shareholders	$	325	$	273		$	312		$	280	$	185
Net income available to common shareholders	$	327	$	261		$	301		$	284	$	145
Weighted-average shares outstanding - during quarter:
Basic		1,413		1,413			1,414			1,414		1,282
Diluted		1,423		1,423			1,423			1,418		1,283
Actual shares outstanding - end of quarter		1,413		1,413			1,413			1,413		1,412
Earnings per common share from continuing operations:
Basic	$	0.23	$	0.19		$	0.22		$	0.20	$	0.14
Diluted	$	0.23	$	0.19		$	0.22		$	0.20	$	0.14
Earnings per common share:
Basic	$	0.23	$	0.18		$	0.21		$	0.20	$	0.11
Diluted	$	0.23	$	0.18		$	0.21		$	0.20	$	0.11
Cash dividends declared per common share	$	0.01	$	0.01		$	0.01		$	0.01	$	0.01
Taxable-equivalent net interest income from continuing operations	$	811	$	831		$	830		$	850	$	839

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 3

Selected Ratios and Other Information

	As of and for Quarter Ended
	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
Return on average assets from continuing operations*		1.11	%		0.90	%		1.02	%		0.92	%		0.59	%
Adjusted return on average assets from continuing operations (non-GAAP)*(1)		1.11	%		1.02	%		1.02	%		0.92	%		0.59	%
Return on average tangible common stockholders’ equity (non-GAAP)*(1)		13.12	%		10.42	%		12.39	%		12.40	%		7.08	%
Adjusted return on average tangible common stockholders’ equity (non-GAAP)*(1)		13.12	%		11.93	%		12.39	%		12.40	%		7.08	%
Adjusted efficiency ratio from continuing operations (non-GAAP)(1)		64.9	%		62.7	%		64.3	%		62.8	%		67.9	%
Common equity per share	$	10.80		$	10.63		$	10.55		$	10.23		$	9.99
Tangible common book value per share (non-GAAP)(1)	$	7.29		$	7.11		$	7.02		$	6.69		$	6.42
Tangible common stockholders’ equity to tangible assets (non-GAAP)(1)		8.98	%		8.63	%		8.49	%		8.04	%		7.35	%
Tier 1 Common risk-based ratio (non-GAAP)(1) (2)		11.2	%		10.8	%		10.5	%		10.0	%		9.6	%
Tier 1 Capital(2)		12.3	%		12.0	%		11.5	%		11.0	%		14.3	%
Tier 1 Capital adjusted for retirement of Series A preferred stock (1) (2)		12.3	%		12.0	%		11.5	%		11.0	%		10.5	%
Total Risk-Based Capital(2)		15.7	%		15.4	%		15.0	%		14.5	%		18.0	%
Leverage(2)		10.1	%		9.6	%		9.1	%		8.7	%		11.0	%
Allowance for loan losses as a percentage of loans, net of unearned income		2.37	%		2.59	%		2.74	%		3.01	%		3.30	%
Allowance for loan losses to non-performing loans, excluding loans held for sale		1.10x			1.14x			1.09x			1.20x			1.18x
Net interest margin (FTE) from continuing operations		3.13	%		3.10	%		3.08	%		3.16	%		3.09	%
Loans, net of unearned income, to total deposits		78.5	%		77.5	%		79.3	%		80.1	%		79.0	%
Net charge-offs as a percentage of average loans*		0.99	%		0.96	%		1.38	%		1.39	%		1.73	%
Non-accrual loans, excluding loans held for sale as a percentage of loan		2.15	%		2.27	%		2.50	%		2.51	%		2.80	%
Non-performing assets (excluding loans 90 days past due as a percentage of loans, foreclosed properties and non-performing loans held for sale		2.41	%		2.59	%		2.93	%		3.04	%		3.42	%
Non-performing assets (including loans 90 days past due as a percentage of loans, foreclosed properties and non-performing loans held for sale(3)		2.88	%		3.07	%		3.37	%		3.49	%		3.91	%
Associate headcount(4)		23,466			23,427			23,361			23,422			23,619
Total branch outlets		1,709			1,711			1,716			1,719			1,722
ATMs		2,048			2,054			2,061			2,063			2,070

* 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 guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 14 for amounts related to these loans. (4) Excludes Morgan Keegan associates.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 4

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

	Quarter Ended
	3/31/13								12/31/12
($ amounts in millions; yields on taxable-equivalent basis)	Average Balance			Income/ Expense		Yield/ Rate			Average Balance			Income/ Expense		Yield/ Rate
Assets
Interest-earning assets:
Trading account assets	$	117		$	1		3.20	%	$	126		$	1		3.16	%
Securities:
Taxable		26,893			156		2.35			27,128			159		2.33
Tax-exempt		7			—		—			9			—		—
Loans held for sale		1,206			9		3.17			1,232			9		2.91
Loans, net of unearned income:
Commercial and industrial		27,058			260		3.90			26,414			266		4.01
Commercial real estate mortgage - owner-occupied		9,974			116		4.70			10,237			123		4.78
Commercial real estate construction - owner-occupied		303			3		4.41			298			3		4.00
Commercial investor real estate mortgage		6,613			59		3.59			7,404			66		3.55
Commercial investor real estate construction		951			9		3.77			901			12		5.30
Residential first mortgage		12,900			131		4.12			13,072			136		4.14
Home equity		11,670			105		3.64			11,912			108		3.61
Indirect		2,423			26		4.35			2,295			26		4.51
Consumer credit card		871			26		12.28			886			28		12.57
Other consumer		1,156			21		7.28			1,203			22		7.28
Total loans, net of unearned income		73,919			756		4.14			74,622			790		4.21
Other interest-earning assets		2,821			2		0.26			3,540			2		0.22
Total interest-earning assets		104,963			924		3.57			106,657			961		3.58
Allowance for loan losses		(1,894	)							(2,027	)
Cash and due from banks		1,766								1,812
Other non-earning assets		14,288								14,594
	$	119,123							$	121,036
Liabilities and Stockholders’ Equity
Interest-bearing liabilities:
Savings accounts	$	5,929			1		0.10		$	5,689			1		0.07
Interest-bearing transaction accounts		20,440			6		0.11			19,694			6		0.12
Money market accounts		25,477			9		0.14			24,912			9		0.14
Time deposits		12,904			26		0.81			14,220			37		1.04
Total interest-bearing deposits(1)		64,750			42		0.26			64,515			53		0.33
Federal funds purchased and securities sold under agreements to repurchase		1,786			—		0.10			1,601			1		0.25
Other short-term borrowings		25			—		0.01			109			—		—
Long-term borrowings		5,857			71		4.89			6,109			76		4.95
Total interest-bearing liabilities(2)		72,418			113		0.63			72,334			130		0.71
Net interest spread							2.94								2.87
Non-interest-bearing deposits(1) (2)		29,114								30,290
Other liabilities		2,047								3,094
Stockholders’ equity		15,544								15,318
	$	119,123							$	121,036
Net interest income/margin FTE basis				$	811		3.13	%				$	831		3.10	%

(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 0.18% and 0.22% for the quarters ended March 31, 2013 and December 31 2012, respectively.

(2) Total funding costs from continuing operations may be calculated by dividing total interest expense on interest-bearing liabilities by the sum of interest-bearing liabilities and non-interest bearing deposits. The rates for total funding costs from continuing operations equal 0.45% and 0.50% for the quarters ended March 31, 2013 and December 31, 2012, respectively.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 5

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

	Quarter Ended
	9/30/12								6/30/12								3/31/12
($ amounts in millions; yields on taxable-equivalent basis)	Average Balance			Income/ Expense		Yield/ Rate			Average Balance			Income/ Expense		Yield/ Rate			Average Balance			Income/ Expense		Yield/ Rate
Assets
Interest-earning assets:
Trading account assets	$	112		$	—		—	%	$	116		$	—		—	%	$	182		$	2		4.42	%
Securities:
Taxable		27,028			170		2.50			26,846			179		2.68			25,659			173		2.71
Tax-exempt		10			—		—			16			—		—			33			—		—
Loans held for sale		1,213			9		2.95			1,107			8		2.91			1,047			7		2.69
Loans, net of unearned income:
Commercial and industrial		26,024			262		4.01			25,650			266		4.17			24,748			258		4.19
Commercial real estate mortgage - owner-occupied		10,464			122		4.64			10,805			128		4.76			11,077			130		4.72
Commercial real estate construction - owner-occupied		274			3		4.36			271			4		5.94			311			4		5.17
Commercial investor real estate mortgage		8,374			74		3.52			8,925			81		3.65			9,492			85		3.60
Commercial investor real estate construction		851			8		3.74			923			8		3.49			994			8		3.24
Residential first mortgage		13,300			141		4.22			13,484			144		4.30			13,651			149		4.39
Home equity		12,157			109		3.57			12,479			111		3.58			12,845			113		3.54
Indirect		2,150			26		4.81			2,022			25		4.97			1,908			25		5.27
Consumer credit card		908			29		12.71			925			28		12.17			952			30		12.67
Other consumer		1,195			22		7.32			1,186			22		7.46			1,190			22		7.44
Total loans, net of unearned income		75,697			796		4.18			76,670			817		4.29			77,168			824		4.29
Other interest-earning assets		3,187			2		0.25			3,311			2		0.24			5,140			3		0.23
Total interest-earning assets		107,247			977		3.62			108,066			1,006		3.74			109,229			1,009		3.72
Allowance for loan losses		(2,232	)							(2,506	)							(2,745	)
Cash and due from banks		1,732								1,814								1,987
Other non-earning assets		14,784								15,052								15,285
	$	121,531							$	122,426							$	123,756
Liabilities and Stockholders’ Equity
Interest-bearing liabilities:
Savings accounts	$	5,650			1		0.07		$	5,655			1		0.07		$	5,362			1		0.08
Interest-bearing transaction accounts		18,880			5		0.11			19,447			6		0.12			19,657			6		0.12
Money market accounts		24,891			11		0.18			24,520			11		0.18			23,552			12		0.20
Time deposits		15,536			50		1.28			17,175			58		1.36			19,053			69		1.46
Total interest-bearing deposits(1)		64,957			67		0.41			66,797			76		0.46			67,624			88		0.52
Federal funds purchased and securities sold under agreements to repurchase		2,375			1		0.17			1,856			—		—			1,572			—		—
Other short-term borrowings		363			—		—			468			—		—			63			—		—
Long-term borrowings		6,230			79		5.04			6,862			80		4.69			7,585			82		4.35
Total interest-bearing liabilities(2)		73,925			147		0.79			75,983			156		0.83			76,844			170		0.89
Net interest spread							2.83								2.91								2.83
Non-interest-bearing deposits(1) (2)		29,652								29,066								28,437
Other liabilities		3,243								2,996								2,745
Stockholders’ equity		14,711								14,381								15,730
	$	121,531							$	122,426							$	123,756
Net interest income/margin FTE basis				$	830		3.08	%				$	850		3.16	%				$	839		3.09	%

(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%, 0.32%, and 0.37% for the quarters ended September 30, 2012, June 30, 2012, and March 31, 2012, respectively.

(2) Total funding costs from continuing operations may be calculated by dividing total interest expense on interest-bearing liabilities by the sum of interest-bearing liabilities and non-interest bearing deposits. The rates for total funding costs from continuing operations equal 0.56%, 0.60%, and 0.65% for the quarters ended September 30, 2012, June 30, 2012, and March 31, 2012, respectively.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 6

Loans

	Quarter Ended
($ amounts in millions)	3/31/13		12/31/12		9/30/12		6/30/12		3/31/12		3/31/13 vs. 12/31/12					3/31/13 vs. 3/31/12
Commercial and industrial	$	27,602	$	26,674	$	26,375	$	25,990	$	25,098	$	928		3.5	%	$	2,504		10.0	%
Commercial real estate mortgage - owner-occupied		9,812		10,095		10,325		10,626		10,931		(283	)	–2.8	%		(1,119	)	–10.2	%
Commercial real estate construction - owner-occupied		325		302		292		261		281		23		7.6	%		44		15.7	%
Total commercial		37,739		37,071		36,992		36,877		36,310		668		1.8	%		1,429		3.9	%
Commercial investor real estate mortgage		6,338		6,808		7,866		8,598		9,156		(470	)	–6.9	%		(2,818	)	–30.8	%
Commercial investor real estate construction		984		914		847		849		955		70		7.7	%		29		3.0	%
Total investor real estate		7,322		7,722		8,713		9,447		10,111		(400	)	–5.2	%		(2,789	)	–27.6	%
Residential first mortgage		12,875		12,963		13,225		13,394		13,611		(88	)	–0.7	%		(736	)	–5.4	%
Home equity - first lien		5,625		5,622		5,605		5,663		5,760		3		0.1	%		(135	)	–2.3	%
Home equity - second lien		5,921		6,178		6,420		6,658		6,882		(257	)	–4.2	%		(961	)	–14.0	%
Indirect		2,483		2,336		2,220		2,060		1,938		147		6.3	%		545		28.1	%
Consumer credit card		851		906		901		922		939		(55	)	–6.1	%		(88	)	–9.4	%
Other consumer		1,120		1,197		1,183		1,181		1,169		(77	)	–6.4	%		(49	)	–4.2	%
Total Loans	$	73,936	$	73,995	$	75,259	$	76,202	$	76,720	$	(59	)	–0.1	%	$	(2,784	)	–3.6	%
	Average Balances
($ amounts in millions)	1Q13		4Q12		3Q12		2Q12		1Q12		1Q13 vs. 4Q12					1Q13 vs. 1Q12
Commercial and industrial	$	27,058	$	26,414	$	26,024	$	25,650	$	24,748	$	644		2.4	%	$	2,310		9.3	%
Commercial real estate mortgage - owner-occupied		9,974		10,237		10,464		10,805		11,077		(263	)	–2.6	%		(1,103	)	–10.0	%
Commercial real estate construction - owner-occupied		303		298		274		271		311		5		1.7	%		(8	)	–2.6	%
Total commercial		37,335		36,949		36,762		36,726		36,136		386		1.0	%		1,199		3.3	%
Commercial investor real estate mortgage		6,613		7,404		8,374		8,925		9,492		(791	)	–10.7	%		(2,879	)	–30.3	%
Commercial investor real estate construction		951		901		851		923		994		50		5.5	%		(43	)	–4.3	%
Total investor real estate		7,564		8,305		9,225		9,848		10,486		(741	)	–8.9	%		(2,922	)	–27.9	%
Residential first mortgage		12,900		13,072		13,300		13,484		13,651		(172	)	–1.3	%		(751	)	–5.5	%
Home equity - first lien		5,642		5,632		5,636		5,723		5,835		10		0.2	%		(193	)	–3.3	%
Home equity - second lien		6,028		6,280		6,521		6,756		7,010		(252	)	–4.0	%		(982	)	–14.0	%
Indirect		2,423		2,295		2,150		2,022		1,908		128		5.6	%		515		27.0	%
Consumer credit card		871		886		908		925		952		(15	)	–1.7	%		(81	)	–8.5	%
Other consumer		1,156		1,203		1,195		1,186		1,190		(47	)	–3.9	%		(34	)	–2.9	%
Total Loans	$	73,919	$	74,622	$	75,697	$	76,670	$	77,168	$	(703	)	–0.9	%	$	(3,249	)	–4.2	%

End of Period Loan Portfolio Balances by Percentage

	Quarter Ended
	3/31/13			12/31/2012			9/30/2012			6/30/2012			3/31/12
Commercial and industrial		37.3	%		36.1	%		35.0	%		34.1	%		32.7	%
Commercial real estate mortgage - owner-occupied		13.3	%		13.6	%		13.7	%		13.9	%		14.2	%
Commercial real estate construction - owner-occupied		0.4	%		0.4	%		0.5	%		0.4	%		0.4	%
Total commercial		51.0	%		50.1	%		49.2	%		48.4	%		47.3	%
Commercial investor real estate mortgage		8.6	%		9.2	%		10.5	%		11.3	%		11.9	%
Commercial investor real estate construction		1.3	%		1.2	%		1.1	%		1.1	%		1.3	%
Total investor real estate		9.9	%		10.4	%		11.6	%		12.4	%		13.2	%
Residential first mortgage		17.4	%		17.5	%		17.6	%		17.6	%		17.8	%
Home equity - first lien		7.6	%		7.6	%		7.4	%		7.4	%		7.5	%
Home equity - second lien		8.0	%		8.4	%		8.5	%		8.7	%		9.0	%
Indirect		3.4	%		3.2	%		2.9	%		2.7	%		2.5	%
Consumer credit card		1.2	%		1.2	%		1.2	%		1.2	%		1.2	%
Other consumer		1.5	%		1.6	%		1.6	%		1.6	%		1.5	%
Total Loans		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 7

Deposits

	Quarter Ended
($ amounts in millions)	3/31/13		12/31/12		9/30/12		6/30/12		3/31/12		3/31/13 vs. 12/31/12					3/31/13 vs. 3/31/12
Customer Deposits
Interest-free deposits	$	29,971	$	29,963	$	30,345	$	29,625	$	29,646	$	8		0.0	%	$	325		1.1	%
Interest-bearing checking		20,004		21,096		19,240		19,311		19,805		(1,092	)	–5.2	%		199		1.0	%
Savings		6,159		5,760		5,652		5,661		5,632		399		6.9	%		527		9.4	%
Money market - domestic		25,411		24,901		24,404		23,974		23,488		510		2.0	%		1,923		8.2	%
Money market - foreign		332		311		327		322		357		21		6.8	%		(25	)	–7.0	%
Low-cost deposits		81,877		82,031		79,968		78,893		78,928		(154	)	–0.2	%		2,949		3.7	%
Time deposits		12,256		13,443		14,911		16,202		18,207		(1,187	)	–8.8	%		(5,951	)	–32.7	%
Total customer deposits		94,133		95,474		94,879		95,095		97,135		(1,341	)	–1.4	%		(3,002	)	–3.1	%
Corporate Treasury Deposits
Time deposits		—		—		2		3		3		—		NM			(3	)	NM
Total Deposits	$	94,133	$	95,474	$	94,881	$	95,098	$	97,138	$	(1,341	)	–1.4	%	$	(3,005	)	–3.1	%
	Average Balances
($ amounts in millions)	1Q13		4Q12		3Q12		2Q12		1Q12		1Q13 vs. 4Q12					1Q13 vs. 1Q12
Customer Deposits
Interest-free deposits	$	29,114	$	30,290	$	29,652	$	29,066	$	28,437	$	(1,176	)	–3.9	%	$	677		2.4	%
Interest-bearing checking		20,440		19,694		18,880		19,447		19,657		746		3.8	%		783		4.0	%
Savings		5,929		5,689		5,650		5,655		5,362		240		4.2	%		567		10.6	%
Money market - domestic		25,161		24,577		24,563		24,172		23,141		584		2.4	%		2,020		8.7	%
Money market - foreign		316		335		328		348		411		(19	)	–5.7	%		(95	)	–23.1	%
Low-cost deposits		80,960		80,585		79,073		78,688		77,008		375		0.5	%		3,952		5.1	%
Time deposits		12,904		14,218		15,533		17,172		19,049		(1,314	)	–9.2	%		(6,145	)	–32.3	%
Total customer deposits		93,864		94,803		94,606		95,860		96,057		(939	)	–1.0	%		(2,193	)	–2.3	%
Corporate Treasury Deposits
Time deposits		—		2		3		3		4		(2	)	NM			(4	)	NM
Total Deposits	$	93,864	$	94,805	$	94,609	$	95,863	$	96,061	$	(941	)	–1.0	%	$	(2,197	)	–2.3	%

End of Period Deposits by Percentage

	Quarter Ended
	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
Customer Deposits
Interest-free deposits		31.8	%		31.4	%		32.0	%		31.2	%		30.5	%
Interest-bearing checking		21.3	%		22.1	%		20.3	%		20.3	%		20.4	%
Savings		6.5	%		6.0	%		6.0	%		6.0	%		5.8	%
Money market - domestic		27.0	%		26.1	%		25.7	%		25.2	%		24.2	%
Money market - foreign		0.4	%		0.3	%		0.3	%		0.3	%		0.4	%
Low-cost deposits		87.0	%		85.9	%		84.3	%		83.0	%		81.3	%
Time deposits		13.0	%		14.1	%		15.7	%		17.0	%		18.7	%
Total customer deposits		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%
Corporate Treasury Deposits
Time deposits		—			—			—			—			—
Total Deposits		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 8

Pre-Tax Pre-Provision Income (non-GAAP)

The Pre-Tax Pre-Provision Income (PPI) table below 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.

	Quarter Ended
($ amounts in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12			1Q13 vs. 4Q12					1Q13 vs. 1Q12
Income from continuing operations available to common shareholders (GAAP)	$	325		$	273		$	312		$	280		$	185		$	52		19.0	%	$	140		75.7	%
Preferred dividends (GAAP)		8			4			—			71			54			4		NM			(46	)	–85.2	%
Income tax expense (GAAP)		114			138			136			126			82			(24	)	–17.4	%		32		39.0	%
Income (loss) from continuing operations before income taxes (GAAP)		447			415			448			477			321			32		7.7	%		126		39.3	%
Provision for loan losses (GAAP)		10			37			33			26			117			(27	)	–73.0	%		(107	)	–91.5	%
Pre-tax pre-provision income from continuing operations (non-GAAP)		457			452			481			503			438			5		1.1	%		19		4.3	%
Other Adjustments:
Securities gains, net		(15	)		(12	)		(12	)		(12	)		(12	)		(3	)	25.0	%		(3	)	25.0	%
Leveraged lease termination gains, net(1)		—			—			—			(7	)		(7	)		—		—			7		NM
Loss on early extinguishment of debt		—			11			—			—			—			(11	)	NM			—		—
Securities impairment, net		—			—			—			2			—			—		—			—		—
REIT investment early termination costs		— ��			42			—			—			—			(42	)	NM			—		—
Total other adjustments		(15	)		41			(12	)		(17	)		(19	)		(56	)	–136.6	%		4		–21.1	%
Adjusted pre-tax pre-provision income from continuing operations (non-GAAP)	$	442		$	493		$	469		$	486		$	419		$	(51	)	–10.3	%	$	23		5.5	%

(1) After tax amounts for leveraged lease terminations gains are zero for 3/31/2013, zero for 12/31/12, zero for 9/30/2012, $0.6 million for 6/30/2012 and $3.1 million for 3/31/2012.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 9

Non-Interest Income

	Quarter Ended
($ amounts in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12			1Q13 vs. 4Q12					1Q13 vs. 1Q12
Service charges on deposit accounts	$	242		$	254		$	244		$	233		$	254		$	(12	)	–4.7	%	$	(12	)	–4.7	%
Investment fee income		27			31			34			17			28			(4	)	–12.9	%		(1	)	–3.6	%
Mortgage income		72			90			106			90			77			(18	)	–20.0	%		(5	)	–6.5	%
Trust department income		49			48			48			50			49			1		2.1	%		—		—
Commercial credit fee income		16			16			17			16			19			—		—			(3	)	–15.8	%
Securities gains, net		15			12			12			12			12			3		25.0	%		3		25.0	%
Insurance commissions and fees		30			27			28			26			28			3		11.1	%		2		7.1	%
Leveraged lease termination gains, net		—			—			—			7			7			—		—			(7	)	–100.0	%
Bank-owned life insurance		22			20			19			21			21			2		10.0	%		1		4.8	%
Net revenue (loss) from affordable housing		(17	)		(5	)		(17	)		(13	)		(14	)		(12	)	240.0	%		(3	)	21.4	%
Credit card/bank card income		18			21			18			23			23			(3	)	–14.3	%		(5	)	–21.7	%
Other		27			22			24			25			20			5		22.7	%		7		35.0	%
Total non-interest income from continuing operations	$	501		$	536		$	533		$	507		$	524		$	(35	)	–6.5	%	$	(23	)	–4.4	%

Mortgage Income

	Quarter Ended
($ amounts in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12			1Q13 vs. 4Q12					1Q13 vs. 1Q12
Production and sales	$	59		$	72		$	85		$	69		$	57		$	(13	)	–18.1	%	$	2		3.5	%
Loan servicing		19			20			21			21			21			(1	)	–5.0	%		(2	)	–9.5	%
MSRs fair value increase (decrease)(1)		1			(1	)		(19	)		(34	)		3			2		–200.0	%		(2	)	–66.7	%
MSRs hedge gain (loss)		(7	)		(1	)		19			34			(4	)		(6	)	NM			(3	)	75.0	%
MSR hedge ineffectiveness		(6	)		(2	)		—			—			(1	)		(4	)	200.0	%		(5	)	NM
Total mortgage income	$	72		$	90		$	106		$	90		$	77		$	(18	)	–20.0	%	$	(5	)	–6.5	%
Mortgage production	$	1,819		$	2,124		$	2,226		$	2,066		$	1,610		$	(305	)	–14.4	%	$	209		13.0	%

(1) Fair value adjustment includes payment decay and assumptions change impact.

• Service charges were impacted by seasonally lower NSF fees.

• Losses related to affordable housing increased by $12 million quarter over quarter driven primarily by $14 million of gains recognized on the sale of equity investments in low income housing tax credits in the prior quarter.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 10

Non-Interest Expense

	Quarter Ended
($ amounts in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12			1Q13 vs. 4Q12					1Q13 vs. 1Q12
Salaries and employee benefits	$	447		$	438		$	449		$	434		$	442		$	9		2.1	%	$	5		1.1	%
Net occupancy expense		90			97			99			92			94			(7	)	–7.2	%		(4	)	–4.3	%
Furniture and equipment expense		69			65			65			67			64			4		6.2	%		5		7.8	%
Professional and legal expenses		31			15			36			36			27			16		106.7	%		4		14.8	%
Amortization of core deposit intangible		7			20			20			21			22			(13	)	–65.0	%		(15	)	–68.2	%
Other real estate owned expense		2			6			13			10			23			(4	)	–66.7	%		(21	)	–91.3	%
Credit/checkcard expenses		9			10			15			19			20			(1	)	–10.0	%		(11	)	–55.0	%
Deposit administrative fee		33			34			37			44			47			(1	)	–2.9	%		(14	)	–29.8	%
Marketing		23			23			27			20			17			—		—			6		35.3	%
Subsidiary dividend		—			3			4			3			16			(3	)	–100.0	%		(16	)	–100.0	%
Loss on early extinguishment of debt		—			11			—			—			—			(11	)	–100.0	%		—		NM
REIT investment early termination costs		—			42			—			—			—			(42	)	–100.0	%		—		NM
Gain on loans held for sale, net		(6	)		(10	)		(17	)		(26	)		(8	)		4		–40.0	%		2		–25.0	%
Provision (credit) for unfunded credit commitments		5			7			(15	)		—			13			(2	)	–28.6	%		(8	)	–61.5	%
Outside services		22			23			23			18			18			(1	)	–4.3	%		4		22.2	%
Other		110			118			113			104			118			(8	)	–6.8	%		(8	)	–6.8	%
Total non-interest expense from continuing operations	$	842		$	902		$	869		$	842		$	913		$	(60	)	–6.7	%	$	(71	)	–7.8	%

• Salaries and benefits were up due to seasonally higher payroll tax expense.

• Occupancy expense was lower driven by a $3 million recovery in ad-valorem taxes.

• Professional and legal expense increased $16 million linked quarter, primarily driven by a $20 million legal reserve reduction in the prior quarter.

• Core deposit intangible amortization expense was lower due to an increase in the estimated life of Regions’ core deposits over which the intangible is amortized. See page 71 in the 2012 10-K for further explanation.

• During the fourth quarter 2012, the Company redeemed $345 of Trust Preferred Securities, incurring $11 million in fees associated with the early extinguishment of debt.

• During the fourth quarter 2012, the Company extinguished a $203 million liability related to an investment by a third party in Regions Asset Management Company, Inc., incurring $42 million in termination costs. This eliminated $12 million in subsidiary dividend payments, traditionally expensed in the first quarter.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 11

Credit Quality

	As of and for Quarter Ended
($ amounts in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
Allowance for credit losses (ACL)	$	1,837		$	2,002		$	2,138		$	2,382		$	2,621
Provision for loan losses		10			37			33			26			117
Provision (credit) for unfunded credit losses		5			7			(15	)		—			13
Net loans charged-off:
Commercial and industrial		58			17			31			33			61
Commercial real estate mortgage - owner-occupied		25			44			42			45			46
Commercial real estate construction - owner-occupied		(1	)		1			1			4			2
Total commercial		82			62			74			82			109
Commercial investor real estate mortgage		14			21			64			41			64
Commercial investor real estate construction		—			1			6			11			19
Total investor real estate		14			22			70			52			83
Residential first mortgage		22			26			35			42			39
Home equity - first lien		10			12			14			17			18
Home equity - second lien		27			31			38			47			57
Indirect		6			5			4			2			4
Consumer credit card		9			8			12			11			12
Other consumer		10			14			15			12			10
Total	$	180		$	180		$	262		$	265		$	332
Net loan charge-offs as a % of average loans, annualized:
Commercial and industrial		0.87	%		0.27	%		0.47	%		0.51	%		0.99	%
Commercial real estate mortgage - owner-occupied		1.01	%		1.72	%		1.58	%		1.68	%		1.67	%
Commercial real estate construction - owner-occupied		–1.31	%		1.28	%		2.06	%		5.59	%		2.02	%
Total commercial		0.89	%		0.68	%		0.80	%		0.89	%		1.21	%
Commercial investor real estate mortgage		0.88	%		1.15	%		3.03	%		1.86	%		2.70	%
Commercial investor real estate construction		0.01	%		0.63	%		3.03	%		4.56	%		7.64	%
Total investor real estate		0.77	%		1.09	%		3.03	%		2.11	%		3.17	%
Residential first mortgage		0.68	%		0.76	%		1.06	%		1.27	%		1.16	%
Home equity - first lien		0.72	%		0.91	%		0.97	%		1.18	%		1.25	%
Home equity - second lien		1.82	%		1.96	%		2.31	%		2.79	%		3.28	%
Indirect		1.03	%		0.86	%		0.65	%		0.52	%		0.76	%
Consumer credit card		4.20	%		3.32	%		5.37	%		4.95	%		4.95	%
Other consumer		3.44	%		4.51	%		4.99	%		4.07	%		3.38	%
Total		0.99	%		0.96	%		1.38	%		1.39	%		1.73	%
Non-accrual loans, excluding loans held for sale	$	1,586		$	1,681		$	1,884		$	1,915		$	2,151
Non-performing loans held for sale		66			89			134			202			249
Non-accrual loans, including loans held for sale		1,652			1,770			2,018			2,117			2,400
Foreclosed properties		136			149			197			214			241
Non-performing assets (NPAs)	$	1,788		$	1,919		$	2,215		$	2,331		$	2,641
Loans past due > 90 days(1)	$	344		$	363		$	334		$	345		$	379
Accruing restructured loans not included in categories above(2)	$	2,717		$	2,789		$	2,916		$	2,966		$	2,944
Credit Ratios:
ACL/Loans, net		2.48	%		2.71	%		2.84	%		3.13	%		3.42	%
ALL/Loans, net		2.37	%		2.59	%		2.74	%		3.01	%		3.30	%
Allowance for loan losses to non-performing loans, excluding loans held for sale		1.10	x		1.14	x		1.09	x		1.20	x		1.18	x
Non-accrual loans, excluding loans held for sale/Loans, net		2.15	%		2.27	%		2.50	%		2.51	%		2.80	%
NPAs (ex. 90+ past due)/Loans, foreclosed properties and non-performing loans held for sale		2.41	%		2.59	%		2.93	%		3.04	%		3.42	%
NPAs (inc. 90+ past due)/Loans, foreclosed properties and non-performing loans held for sale(1)		2.88	%		3.07	%		3.37	%		3.49	%		3.91	%

Allowance for Credit Losses

	Quarter Ended
($ amounts in millions)	3/31/13		12/31/12		9/30/12		6/30/12		3/31/12
Components:
Allowance for loan losses	$	1,749	$	1,919	$	2,062	$	2,291	$	2,530
Reserve for unfunded credit commitments		88		83		76		91		91
Allowance for credit losses	$	1,837	$	2,002	$	2,138	$	2,382	$	2,621

(1) Excludes guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 14 for amounts related to these loans.

(2) See page 15 for detail of restructured loans.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 12

Gross and Net NPL Migration

	Quarter Ended
($ in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
Beginning Non-Performing Loans(1)	$	1,681		$	1,884		$	1,915		$	2,151		$	2,372
Additions(2):
Land/Single Family/Condo Investor Real Estate		8			21			24			45			57
Income Producing IRE		68			85			118			69			105
Total Investor Real Estate		76			106			142			114			162
Commercial		62			104			120			83			76
Business and Community		144			158			190			134			150
Consumer		(5	)		(18	)		11			(16	)		(7	)
Total Gross NPL Additions		277			350			463			315			381
Resolutions(3)		(203	)		(340	)		(217	)		(265	)		(267	)
Charge-Offs(4)		(120	)		(122	)		(159	)		(164	)		(212	)
Net Additions (Reductions)		(46	)		(112	)		87			(114	)		(98	)
Non-Accrual Loan Sales		(5	)		(20	)		(8	)		(24	)		(5	)
Transfer to HFS		(31	)		(51	)		(81	)		(77	)		(93	)
Transfer to OREO		(13	)		(20	)		(29	)		(21	)		(25	)
Ending Non-Performing Loans(1)	$	1,586		$	1,681		$	1,884		$	1,915		$	2,151

⁽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

Foreclosed Properties

	Quarter Ended
($ in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
Beginning Foreclosed Properties	$	149		$	197		$	214		$	241		$	296
Transfers in		60			50			70			80			94
Sales		(59	)		(86	)		(68	)		(87	)		(129	)
Writedowns / Other Activity		(14	)		(12	)		(19	)		(20	)		(20	)
Ending Foreclosed Properties	$	136		$	149		$	197		$	214		$	241

Non-Performing Loans Held for Sale

	Quarter Ended
($ in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
Beginning Non-Performing Loans Held for Sale	$	89		$	134		$	202		$	249		$	328
Transfers in		31			51			81			77			93
Sales		(36	)		(84	)		(138	)		(103	)		(145	)
Writedowns		(1	)		—			(1	)		(6	)		(2	)
Loan moved from HFS / Other Activity		(11	)		(10	)		(7	)		(4	)		(8	)
Transfers to OREO		(6	)		(2	)		(3	)		(11	)		(17	)
Ending Non-Performing Loans Held for Sale	$	66		$	89		$	134		$	202		$	249

Composition of Non-Performing Loans Held for Sale

Timing of Transfer to HFS	Percent
1Q13		47.0	%
2012		41.9	%
2011		9.6	%
Pre-2011		1.5	%
Total		100.0	%

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 13

Non-Accrual Loans (excludes loans held for sale)

	Quarter Ended
($ millions)	3/31/12				12/31/12				9/30/12				6/30/12				3/31/12
Commercial and Industrial	$	355	1.29	%	$	409	1.53	%	$	393	1.49	%	$	366	1.41	%	$	439	1.75	%
Commercial Real Estate Mortgage - OO		420	4.28	%		439	4.35	%		504	4.88	%		504	4.75	%		545	4.99	%
Commercial Real Estate Construction - OO		12	3.70	%		14	4.57	%		15	5.30	%		20	7.61	%		23	8.32	%
Total Commercial		787	2.08	%		862	2.33	%		912	2.47	%		890	2.41	%		1007	2.77	%
Commercial Investor Real Estate Mortgage		451	7.12	%		457	6.74	%		560	7.12	%		599	6.97	%		640	6.99	%
Commercial Investor Real Estate Construction		13	1.32	%		20	2.21	%		52	6.15	%		74	8.73	%		127	13.22	%
Total Investor Real Estate		464	6.34	%		477	6.17	%		612	7.03	%		673	7.12	%		767	7.58	%
Residential First Mortgage		201	1.56	%		214	1.65	%		224	1.69	%		229	1.71	%		241	1.77	%
Home Equity		133	1.15	%		128	1.08	%		136	1.12	%		123	1.00	%		136	1.08	%
Direct		—	0.06	%		—	0.00	%			0.00	%		0	0.00	%		0	0.00	%
Indirect		1	0.03	%		—	0.00	%			0.00	%		0	0.00	%		0	0.00	%
Consumer Credit Card		—	0.00	%		—	0.00	%			0.00	%		0	0.00	%		0	0.00	%
Other Consumer		—	0.00	%		—	0.00	%			0.00	%		0	0.00	%		0	0.00	%
Total Consumer		335	1.16	%		342	1.17	%		360	1.22	%		352	1.18	%		377	1.25	%
Total Non-Accrual Loans	$	1,586	2.15	%	$	1,681	2.27	%	$	1,884	2.50	%	$	1,915	2.51	%	$	2,151	2.80	%

OO = Owner Occupied

Criticized and Classified Loans - Commercial and Investor Real Estate

	Quarter Ended
($ millions)	3/31/13		12/31/12		9/30/12		6/30/12		3/31/12		3/31/13 vs. 12/31/12					3/31/13 vs. 3/31/12
Special Mention	$	1,136	$	1,336	$	1,707	$	1,548	$	1,652	$	(200	)	–15.0	%	$	(516	)	–31.2	%
Classified Loans		2,964		3,156		3,424		3,888		4,327	$	(192	)	–6.1	%	$	(1,363	)	–31.5	%
Total Commercial and Investor Real Estate	$	4,100	$	4,492	$	5,131	$	5,436	$	5,979	$	(392	)	–8.7	%	$	(1,879	)	–31.4	%

Residential Lending Net Charge-off Analysis

		Quarter Ended
		3/31/13															12/31/12
		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 %*			1.06	%		1.13	%		1.08	%		2.87	%		1.55	%		1.25	%		1.25	%		1.25	%		3.21	%		1.77	%
$ Losses	��	$	12.7		$	5.2		$	17.9		$	16.9		$	34.8		$	15.7		$	5.9		$	21.6		$	19.9		$	41.5
Balance		$	4,840.4		$	1,844.2		$	6,684.6		$	2,354.7		$	9,039.3		$	4,924.1		$	1,870.0		$	6,794.2		$	2,433.0		$	9,227.2
Original LTV			73.0	%		65.1	%					75.6	%					73.1	%		65.3	%					75.7	%
All Other States
Net Charge-off %*			0.45	%		0.56	%		0.48	%		1.14	%		0.64	%		0.45	%		0.73	%		0.54	%		1.15	%		0.69	%
$ Losses		$	8.8		$	5.2		$	14.0		$	10.2		$	24.3		$	9.3		$	6.9		$	16.2		$	11.0		$	27.2
Balance		$	8,034.1		$	3,781.2		$	11,815.4		$	3,566.1		$	15,381.4		$	8,038.6		$	3,752.4		$	11,791.0		$	3,744.5		$	15,535.5
Original LTV			74.5	%		65.5	%					79.1	%					74.4	%		65.8	%					79.1	%
Totals
Net Charge-off %*			0.68	%		0.75	%		0.70	%		1.83	%		0.97	%		0.76	%		0.91	%		0.80	%		1.96	%		1.09	%
$ Losses		$	21.5		$	10.4		$	31.9		$	27.1		$	59.0		$	24.9		$	12.8		$	37.7		$	31.0		$	68.7
Balance		$	12,874.6		$	5,625.4		$	18,500.0		$	5,920.8		$	24,420.8		$	12,962.7		$	5,622.4		$	18,585.2		$	6,177.5		$	24,762.7
Original LTV			74.0	%		65.3	%					77.7	%					73.9	%		65.7	%					77.7	%

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

* 20% Florida junior lien concentration driving results for home equity

* Junior lien, Florida net charge-offs represent 54% of 1Q13 Home Equity net charge-offs but just 20% 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 778 and an average LTV of 58%; Property value declines driving losses

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 14

Early and Late Stage Delinquencies

Accruing 30-89 Days Past Due Loans

	Quarter Ended
($ millions)	3/31/13				12/31/12				9/30/12				6/30/12				3/31/12
Commercial and Industrial	$	54	0.20	%	$	50	0.19	%	$	88	0.33	%	$	64	0.25	%	$	43	0.17	%
Commercial Real Estate Mortgage - OO		49	0.50	%		77	0.76	%		69	0.67	%		90	0.85	%		68	0.62	%
Commercial Real Estate Construction - OO		2	0.62	%		—	0.10	%		2	0.82	%		2	0.47	%		1	0.28	%
Total Commercial		105	0.28	%		127	0.34	%		159	0.43	%		156	0.42	%		112	0.31	%
Commercial Investor Real Estate Mortgage		72	1.13	%		80	1.18	%		80	1.01	%		103	1.20	%		122	1.33	%
Commercial Investor Real Estate Construction		7	0.73	%		2	0.17	%		40	4.73	%		3	0.36	%		3	0.37	%
Total Investor Real Estate		79	1.08	%		82	1.06	%		120	1.37	%		106	1.12	%		125	1.24	%
Residential First Mortgage - Non-Guaranteed(1)(3)		207	1.65	%		219	1.73	%		236	1.83	%		206	1.57	%		244	1.83	%
Home Equity		127	1.10	%		153	1.30	%		155	1.30	%		153	1.25	%		158	1.24	%
Direct		9	1.12	%		13	1.52	%		13	1.48	%		11	1.31	%		9	1.12	%
Indirect		31	1.26	%		40	1.74	%		36	1.61	%		27	1.33	%		25	1.30	%
Consumer Credit Card		9	1.11	%		14	1.56	%		14	1.64	%		12	1.28	%		12	1.28	%
Other Consumer		9	2.59	%		11	2.95	%		12	3.48	%		12	3.47	%		9	2.74	%
Total Consumer(1)(3)		392	1.37	%		450	1.56	%		466	1.60	%		421	1.42	%		457	1.52	%
Total Accruing 30-89 Days Past Due Loans(1)(3)	$	576	0.78	%	$	659	0.89	%	$	745	0.99	%	$	683	0.90	%	$	694	0.91	%

Accruing 90+ Days Past Due Loans

	Quarter Ended
($ millions)	3/31/13				12/31/12				9/30/12				6/30/12				3/31/12
Commercial & Industrial	$	8	0.03	%	$	19	0.07	%	$	6	0.02	%	$	5	0.02	%	$	9	0.03	%
Commercial Real Estate Mortgage - OO		9	0.09	%		6	0.06	%		8	0.07	%		9	0.08	%		9	0.08	%
Commercial Real Estate Construction - OO		—	0.02	%		—	0.03	%		—	0.14	%		—	0.16	%		—	—
Total Commercial		17	0.05	%		25	0.07	%		14	0.04	%		14	0.04	%		18	0.05	%
Commercial Investor Real Estate Mortgage		25	0.39	%		11	0.16	%		7	0.10	%		16	0.19	%		2	0.02	%
Commercial Investor Real Estate Construction		0	0.02	%		0	0.05	%		1	0.08	%		0	—			0	—
Total Investor Real Estate		25	0.34	%		11	0.15	%		8	0.09	%		16	0.17	%		2	0.02	%
Residential First Mortgage - Non-Guaranteed(2)(3)		203	1.62	%		220	1.73	%		226	1.73	%		223	1.67	%		252	1.89	%
Home Equity		79	0.68	%		87	0.74	%		69	0.57	%		74	0.60	%		87	0.69	%
Direct		1	0.15	%		1	0.16	%		1	0.16	%		1	0.14	%		1	0.13	%
Indirect		3	0.13	%		3	0.12	%		2	0.10	%		2	0.11	%		2	0.09	%
Consumer Credit Card		14	1.60	%		14	1.56	%		12	1.26	%		13	1.38	%		14	1.50	%
Other Consumer		2	0.73	%		2	0.51	%		2	0.54	%		2	0.62	%		3	0.90	%
Total Consumer(2)(3)		302	1.06	%		327	1.13	%		312	1.07	%		315	1.06	%		359	1.20	%
Total Accruing 90+ Days Past Due Loans(2)(3)	$	344	0.47	%	$	363	0.49	%	$	334	0.45	%	$	345	0.45	%	$	379	0.50	%

OO = Owner Occupied

(1) Excludes loans that are 100% guaranteed by FHA and also those 100% guaranteed by GNMA where Regions has the right but not the obligation to repurchase. Total 30-89 days past due guaranteed loans excluded were $17 million at 3/31/13, $16 million at 12/31/12, $18 million at 9/30/12, $15 million at 6/30/12 and $14 million at 3/31/12.

(2) Excludes loans that are 100% guaranteed by FHA and also those 100% guaranteed by GNMA where Regions has the right but not the obligation to repurchase. Total 90 days or more past due guaranteed loans excluded were $98 million at 3/31/13, $87 million at 12/31/12, $71 million at 9/30/12, $58 million at 6/30/12 and $48 million at 3/31/12.

(3) Regions began excluding 100% guaranteed residential first mortgages from all past due metrics as of 3/31/13. All prior periods presented have been restated to conform to this presentation.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 15

Troubled Debt Restructurings

	Quarter Ended
(in millions)	3/31/2013		12/31/12		9/30/12			6/30/12		3/31/12
Current:
Commercial	$	486	$	462	$	495		$	450	$	445
Investor Real Estate		763		844		911			991		1,016
Residential First Mortgage		891		867		847			845		815
Home Equity		354		356		372			381		383
Consumer Credit Card		1		—		—			—		—
Other Consumer		34		37		41			45		49
Total Current	$	2,529	$	2,566	$	2,666		$	2,712	$	2,708
Accruing 30-89 DPD:
Commercial	$	25	$	38	$	51		$	71	$	44
Investor Real Estate		27		29		44			34		40
Residential First Mortgage		105		117		118			113		118
Home Equity		28		35		33			32		30
Consumer Credit Card		—		—		—			—		—
Other Consumer		3		4		4			4		4
Total Accruing 30-89 DPD	$	188	$	223	$	250		$	254	$	236
Total Accruing and <90 DPD	$	2,717	$	2,789	$	2,916		$	2,966	$	2,944
Non-accrual or 90+ DPD:
Commercial	$	289	$	291	$	308		$	315	$	344
Investor Real Estate		278		251		368			474		507
Residential First Mortgage		191		201		209	��		198		205
Home Equity		34		37		33			30		31
Consumer Credit Card		—		—		—			—		—
Other Consumer		—		—		—			1		—
Total Non-accrual or 90+DPD	$	792	$	780	$	918		$	1,018	$	1,087
Total TDRs	$	3,509	$	3,569	$	3,834		$	3,984	$	4,031

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 16

Reconciliation to GAAP Financial Measures

Net Income and Earnings Per Share from Continuing Operations

The table below presents a reconciliation of income and earnings per share available to common shareholders from continuing operations (GAAP) to adjusted income and adjusted earnings per share available to common shareholders from continuing operations (non-GAAP). Adjusted income and adjusted earnings per share available to common shareholders from continuing operations excludes the items listed in the table below. These selected items are included in financial results presented in accordance with generally accepted accounting principles (GAAP). Regions believes that their exclusion from income and earnings per share available to common shareholders from continuing operations 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 these selected items 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 these selected items does not represent the amount that effectively accrues directly to stockholders (i.e. the REIT investment early termination costs result in reductions in earnings and stockholders’ equity).

		Quarter Ended
($ amounts in millions, except per share data)		03/31/13		12/31/12			09/30/12			06/30/12		03/31/12
Net income available to common shareholders (GAAP)	A	$	327	$	261		$	301		$	284	$	145
REIT investment early termination costs, net of tax(1)			—		38			—			—		—
Adjusted income available to common shareholders (non-GAAP	B	$	327	$	299		$	301		$	284	$	145
Net income available to common shareholders (GAAP)	A	$	327	$	261		$	301		$	284	$	145
Income (loss) from discontinued operations, net of tax (GAAP)			2		(12	)		(11	)		4		(40	)
Income from continuing operations available to common shareholders (GAAP)	C		325		273			312			280		185
REIT investment early termination costs, net of tax from continuing operations(1)			—		38			—			—		—
Adjusted income from continuing operations available to common shareholders (non-GAAP)	D	$	325	$	311		$	312		$	280	$	185
Weighted-average diluted shares	E		1,423		1,423			1,423			1,418		1,283
Earnings per common share from continuing operations - diluted (GAAP)	C/E	$	0.23	$	0.19		$	0.22		$	0.20	$	0.14
Adjusted earnings per common share from continuing operations - diluted (non-GAAP)	D/E	$	0.23	$	0.22		$	0.22		$	0.20	$	0.14

(1) In the fourth quarter of 2012, Regions entered into an agreement with a third party investor in Regions Asset Management Company, Inc., pursuant to which the investment was fully redeemed. This resulted in extinguishing a $203 million liability, including accrued, unpaid interest, as well as incurring early termination costs of approximately $42 million on a pre-tax basis ($38 million after tax).

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 17

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 income 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 income ratio. Net interest income on a taxable-equivalent basis 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 income 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 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
($ amounts in millions)		3/31/13			12/31/12			9/30/12			6/30/12			3/31/12			1Q13 vs. 4Q12					1Q13 vs. 1Q12
Continuing Operations
Non-interest expense (GAAP)		$	842		$	902		$	869		$	842		$	913		$	(60	)	–6.7	%	$	(71	)	–7.8	%
Adjustments:
REIT investment early termination costs			—			(42	)		—			—			—			42		–100.0	%		—		—
Loss on early extinguishment of debt			—			(11	)		—			—			—			11		–100.0	%		—		—
Securities impairment, net			—			—			—			(2	)		—			—		—			—		—
Adjusted non-interest expense (non-GAAP)	F	$	842		$	849		$	869		$	840		$	913		$	(7	)	–0.8	%	$	(71	)	–7.8	%
Net interest income (GAAP)		$	798		$	818		$	817		$	838		$	827		$	(20	)	–2.4	%	$	(29	)	–3.5	%
Taxable-equivalent adjustment			13			13			13			12			12			—		—			1		8.3	%
Net interest income, taxable-equivalent basis			811			831			830			850			839			(20	)	–2.4	%		(28	)	–3.3	%
Non-interest income (GAAP)			501			536			533			507			524			(35	)	–6.5	%		(23	)	–4.4	%
Adjustments:
Securities gains, net			(15	)		(12	)		(12	)		(12	)		(12	)		(3	)	25.0	%		(3	)	25.0	%
Leveraged lease termination gains, net			—			—			—			(7	)		(7	)		—		—			7		–100.0	%
Adjusted non-interest income (non-GAAP)	G		486			524			521			488			505			(38	)	–7.3	%		(19	)	–3.8	%
Adjusted total revenue (non-GAAP)	H	$	1,297		$	1,355		$	1,351		$	1,338		$	1,344		$	(58	)	–4.3	%	$	(47	)	–3.5	%
Adjusted fee income ratio (non-GAAP)	G/H		37.5	%		38.7	%		38.6	%		36.5	%		37.6	%
Adjusted efficiency ratio (non-GAAP)	F/H		64.9	%		62.7	%		64.3	%		62.8	%		67.9	%

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 18

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 Analysis 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 measures. 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.

		As of and for Quarter Ended
($ amounts in millions, except per share data)		3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
RETURN ON AVERAGE ASSETS FROM CONTINUING OPERATIONS
Average assets (GAAP) - continuing operations	I	$	119,123		$	121,036		$	121,531		$	122,426		$	123,756
Return on average assets from continuing operations (GAAP)(1)	C/I		1.11	%		0.90	%		1.02	%		0.92	%		0.59	%
Adjusted return on average assets from continuing operations (non-GAAP)(1)	D/I		1.11	%		1.02	%		1.02	%		0.92	%		0.59	%
RETURN ON AVERAGE TANGIBLE COMMON STOCKHOLDERS’ EQUITY
Average stockholders’ equity (GAAP)		$	15,552		$	15,265		$	14,663		$	14,347		$	16,715
Less: Average intangible assets (GAAP)			5,154			5,170			5,195			5,221			5,253
Average deferred tax liability related to intangibles (GAAP)			(190	)		(193	)		(198	)		(198	)		(198	)
Average preferred equity (GAAP)			476			321			—			113			3,423
Average tangible common stockholders’ equity (non-GAAP)	J	$	10,112		$	9,967		$	9,666		$	9,211		$	8,237
Return on average tangible common stockholders’ equity (non-GAAP)(1)	A/J		13.12	%		10.42	%		12.39	%		12.40	%		7.08	%
Adjusted return on average tangible common stockholders’ equity (non-GAAP)(1)	B/J		13.12	%		11.93	%		12.39	%		12.40	%		7.08	%
TANGIBLE COMMON RATIOS - CONSOLIDATED
Stockholders’ equity (GAAP)			15,740		$	15,499		$	14,901		$	14,455		$	17,534
Less: Preferred equity (GAAP)			474			482			—			—			3,429
Intangible assets (GAAP)			5,147			5,161			5,181			5,207			5,236
Deferred tax liability related to intangibles (GAAP)			(189	)		(191	)		(195	)		(201	)		(195	)
Tangible common stockholders’ equity (non-GAAP)	K	$	10,308		$	10,047		$	9,915		$	9,449		$	9,064
Total assets (GAAP)		$	119,718		$	121,347		$	121,798		$	122,345		$	128,282
Less: Intangible assets (GAAP)			5,147			5,161			5,181			5,207			5,236
Deferred tax liability related to intangibles (GAAP)			(189	)		(191	)		(195	)		(201	)		(195	)
Tangible assets (non-GAAP)	L	$	114,760		$	116,377		$	116,812		$	117,339		$	123,241
Shares outstanding - end of quarter	M		1,413			1,413			1,413			1,413			1,412
Tangible common stockholders’ equity to tangible assets (non-GAAP)	K/L		8.98	%		8.63	%		8.49	%		8.04	%		7.35	%
Tangible common book value per share (non-GAAP)	K/M	$	7.29		$	7.11		$	7.02		$	6.69		$	6.42
TIER 1 COMMON RISK-BASED RATIO(2) - CONSOLIDATED
Stockholders’ equity (GAAP)			15,740		$	15,499		$	14,901		$	14,455		$	17,534
Accumulated other comprehensive (income) loss			12			(65	)		(202	)		(54	)		60
Non-qualifying goodwill and intangibles			(4,819	)		(4,826	)		(4,836	)		(4,852	)		(4,881	)
Disallowed deferred tax assets			—			(35	)		(238	)		(336	)		(345	)
Disallowed servicing assets			(37	)		(33	)		(33	)		(33	)		(36	)
Qualifying non-controlling interests			93			93			93			92			92
Qualifying trust preferred securities			501			501			846			846			846
Tier 1 capital (regulatory)		$	11,490		$	11,134		$	10,531		$	10,118		$	13,270
Qualifying non-controlling interests			(93	)		(93	)		(93	)		(92	)		(92	)
Qualifying trust preferred securities			(501	)		(501	)		(846	)		(846	)		(846	)
Preferred stock			(474	)		(482	)		—			—			(3,429	)
Tier 1 common equity (non-GAAP)	N	$	10,422		$	10,058		$	9,592		$	9,180		$	8,903
Risk-weighted assets (regulatory)	O		93,220			92,811			91,723			91,779			92,546
Tier 1 common risk-based ratio (non-GAAP)	N/O		11.2	%		10.8	%		10.5	%		10.0	%		9.6	%

(1) Annualized

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

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 19

Reconciliation to GAAP Financial Measures

Tier 1 Capital - With History Adjusted for Series A Retirement

Regions’ Series A preferred stock issued to the U.S. Treasury 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 issued to the U.S. Treasury plus the remaining balance of the related discount.

	Quarter Ended
($ amounts in millions)	3/31/13			12/31/12			9/30/12			6/30/12			3/31/12
TIER 1 RISK-BASED RATIO
Stockholders’ equity	$	15,740		$	15,499		$	14,901		$	14,455		$	17,534
Accumulated other comprehensive (income) loss		12			(65	)		(202	)		(54	)		60
Non-qualifying goodwill and intangibles		(4,819	)		(4,826	)		(4,836	)		(4,852	)		(4,881	)
Disallowed deferred tax assets		—			(35	)		(238	)		(336	)		(345	)
Disallowed servicing assets		(37	)		(33	)		(33	)		(33	)		(36	)
Qualifying non-controlling interests		93			93			93			92			92
Qualifying trust preferred securities		501			501			846			846			846
Tier 1 capital as reported	$	11,490		$	11,134		$	10,531		$	10,118		$	13,270
Series A Preferred Stock retirement (reduction to stockholders’ equity)	$	—		$	—		$	—		$	—		$	(3,500	)
Retirement of warrant to purchase 48.3 million shares of Regions common stock		—			—			—			—			(45	)
Tier 1 capital as adjusted to exclude Series A Preferred Stock	$	11,490		$	11,134		$	10,531		$	10,118		$	9,725
Risk-weighted assets(1)	$	93,220		$	92,811		$	91,723		$	91,779		$	92,546
Tier 1 capital ratio(1)		12.3	%		12.0	%		11.5	%		11.0	%		14.3	%
Tier 1 capital ratio excluding Series A Preferred Stock and associated warrant(1)		12.3	%		12.0	%		11.5	%		11.0	%		10.5	%

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

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 20

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 were not included in the sale. 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)	3/31/13			12/31/12			9/30/12			6/30/12		3/31/12
Interest income	$	—		$	—		$	—		$	—	$	8
Interest expense		—			—			—			—		1
Net interest income		—			—			—			—		7
Non-interest income:
Brokerage, investment banking and capital markets		—			—			—			—		233
Gain on sale		—			3			1			15		—
Other		—			5			—			—		7
Total non-interest income		—			8			1			15		240
Non-interest expense:
Salaries and employee benefits		—			—			—			—		171
Net occupancy expense		—			—			—			—		9
Furniture and equipment expense		—			—			—			—		8
Professional and legal fees		(5	)		27			19			10		96
Other		1			—			1			1		28
Total non-interest expense		(4	)		27			20			11		312
Income (loss) from discontinued operations before income tax		4			(19	)		(19	)		4		(65	)
Income tax expense (benefit)		2			(7	)		(8	)		—		(25	)
Income (loss) from discontinued operations, net of tax	$	2		$	(12	)	$	(11	)	$	4	$	(40	)
Weighted-average shares outstanding - during quarter(1):
Basic		1,413			1,413			1,414			1,414		1,282
Diluted		1,423			1,413			1,414			1,418		1,282
Earnings (loss) per common share from discontinued operations:
Basic	$	0.00		$	(0.01	)	$	(0.01	)	$	0.00	$	(0.03	)
Diluted	$	0.00		$	(0.01	)	$	(0.01	)	$	0.00	$	(0.03	)

(1) In a quarter where there is a loss basic and diluted weighted-average common shares outstanding are the same.

Regions Financial Corporation and Subsidiaries Financial Supplement to First Quarter 2013 Earnings Release Page 21

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, unless the context implies otherwise, 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. 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 and to meet more stringent liquidity requirements. 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 could 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 challenging 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 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 identify and manage credit risk, interest rate risk, market risk, operational risk, legal risk, liquidity risk, reputational risk, counterparty risk, international risk, an 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.

• Regions ability to identify and address data security breaches.

• 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” of Regions’ Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the Securities and Exchange Commission.

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