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Regions Reports Earnings of $549 Million and EPS of $0.64 in 2Q 2026

By Business Wire | July 17, 2026, 6:00 AM

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) today reported second quarter 2026 earnings of $549 million and diluted EPS of $0.64. On an adjusted basis, earnings(1) were $583 million, with diluted EPS(1) of $0.68. Total revenue remained relatively stable while diluted EPS increased 8 percent compared to second quarter of 2025. Adjusted total revenue(1) increased 2 percent, and adjusted diluted EPS(1) increased 13 percent compared to second quarter of 2025.





Financial Highlights

Soundness 

 

Quarter Ended

 

 

  • Low-cost deposit base continued to deliver peer-leading interest-bearing deposit costs of 1.69% in 2Q26
  • Robust capital with CET1 of 10.7% (9.5% inclusive of AOCI(1)) supported by strong organic capital generation
  • Annualized net charge-offs decreased 12 bps QoQ to 42 bps; business services criticized loans and NPLs also decreased QoQ while ACL/NPLs increased to 241%

($ amounts in millions, except per share data)

 

2Q26

 

 

 

1Q26

 

 

Earnings Summary

 

 

 

 

Net income

$

570

 

 

$

559

 

 

Net income available to common shareholders

 

549

 

 

 

539

 

 

Adj. net income avail. to common shareholders(1)

 

583

 

 

 

539

 

 

Diluted earnings per common share

 

0.64

 

 

 

0.62

 

 

Adj. diluted earnings per common share(1)

 

0.68

 

 

 

0.62

 

 

Profitability

Balance Sheet Summary

 

 

 

 

 

  • Best-in-class hedging program creates a mostly neutral short-term interest rate position and supports a top-quartile 2Q26 NIM of 3.66%
  • Regions continues to generate top-quartile returns vs its peer group; 2Q26 reported ROATCE of 19% and adjusted ROATCE(1) of 20%
  • Expenses remained well-controlled; supporting self-funding of growth initiatives

Average loans, net of unearned income

$

98,722

 

 

$

96,423

 

 

Average deposits

 

130,691

 

 

 

130,234

 

 

Credit Quality

 

 

 

 

Allowance for credit losses ratio

 

1.63

%

 

 

1.68

%

 

Net charge-offs / average loans*

 

0.42

 

 

 

0.54

 

 

Selected Ratios

 

 

 

 

Return on average assets*

 

1.42

%

 

 

1.42

%

 

Growth

Return on average common equity*

 

12.73

 

 

 

12.35

 

 

 

  • Net income grew 2% and diluted EPS 3% QoQ; Adj. net income grew 8% and adj. diluted EPS 10%(1)
  • 2Q26 average loans increased 2% while ending loans increased 1% vs 1Q26; growth driven primarily by high-quality, broad-based C&I loans
  • 2Q26 reflects another record quarter of Wealth Management income (5th in the last 6 quarters)
  • Expanding municipal finance expertise and long-term growth opportunities within capital markets through the 7/1/2026 acquisition of The Frazer Lanier Company

Return on avg. tangible common equity*(1)

 

19.01

 

 

 

18.26

 

 

Adj. return on avg. tangible common equity*(1)

 

20.18

 

 

 

18.26

 

 

Net interest margin (FTE)*

 

3.66

 

 

 

3.67

 

 

Efficiency ratio

 

58.3

 

 

 

56.6

 

 

Adjusted efficiency ratio(1)

 

56.9

 

 

 

56.6

 

 

Common equity Tier 1 ratio(2)

 

10.7

 

 

 

10.7

 

 

Common equity Tier 1 ratio (incl. AOCI)(1)(2)

 

9.5

 

 

 

9.4

 

 

Effective Tax Rate

 

20.7

 

 

 

21.6

 

 

 

 

 

 

 

 

*Annualized

(1) Non-GAAP; refer to reconciliations in the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the Securities and Exchange Commission ("SEC") on Jul. 17, 2026. (2) Current quarter is estimated.

 

 

John Turner, Chairman, President and CEO of Regions Financial Corp.

"Strategic execution and solid delivery define our results for the second quarter. And, together, they're giving Regions clear momentum going into the second half of the year. As our markets grow, Regions Bank is focused on leveraging every opportunity to illustrate the Regions difference to more consumers, businesses, Wealth Management clients, and homeowners. We have a solid value proposition. We know the needs and opportunities in our markets based on the depth of our local experience. And we have not only the historical commitment, but also the forward-leaning investments in technology and innovation that we believe position us to compete and grow effectively. The foundation for our growth - including focusing on what we can control, operating to the highest standards, and keeping the customer first - hasn't changed. As we expand our capabilities and grow our talented group of bankers, that foundation is stronger than ever before and will serve us well in the years to come."

 
 

Total revenue 

 

 

 

Quarter Ended

($ amounts in millions)

 

6/30/2026

 

3/31/2026

 

6/30/2025

 

2Q26 vs. 1Q26

 

2Q26 vs. 2Q25

Net interest income

 

$

1,277

 

 

$

1,248

 

 

$

1,259

 

 

$

29

 

 

2.3

%

 

$

18

 

 

1.4

%

Taxable equivalent adjustment

 

 

14

 

 

 

13

 

 

 

12

 

 

 

1

 

 

7.7

%

 

 

2

 

 

16.7

%

Net interest income, taxable equivalent basis

 

$

1,291

 

 

$

1,261

 

 

$

1,271

 

 

$

30

 

 

2.4

%

 

$

20

 

 

1.6

%

Net interest margin (FTE)*

 

 

3.66

%

 

 

3.67

%

 

 

3.65

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-interest income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit accounts

 

$

167

 

 

$

163

 

 

$

151

 

 

$

4

 

 

2.5

%

 

$

16

 

 

10.6

%

Card and ATM fees

 

 

126

 

 

 

117

 

 

 

125

 

 

 

9

 

 

7.7

%

 

 

1

 

 

0.8

%

Wealth management income

 

 

150

 

 

 

141

 

 

 

133

 

 

 

9

 

 

6.4

%

 

 

17

 

 

12.8

%

Capital markets income

 

 

84

 

 

 

84

 

 

 

83

 

 

 

 

 

%

 

 

1

 

 

1.2

%

Mortgage income

 

 

33

 

 

 

32

 

 

 

48

 

 

 

1

 

 

3.1

%

 

 

(15

)

 

(31.3

)%

Commercial credit fee income

 

 

28

 

 

 

30

 

 

 

29

 

 

 

(2

)

 

(6.7

)%

 

 

(1

)

 

(3.4

)%

BOLI income

 

 

24

 

 

 

30

 

 

 

24

 

 

 

(6

)

 

(20.0

)%

 

 

 

 

%

Market value adjustments on employee benefit assets**

 

 

24

 

 

 

(5

)

 

 

16

 

 

 

29

 

 

NM

 

 

 

8

 

 

50.0

%

Securities gains (losses), net

 

 

(41

)

 

 

(3

)

 

 

(1

)

 

 

(38

)

 

NM

 

 

 

(40

)

 

NM

 

Other miscellaneous income

 

 

35

 

 

 

36

 

 

 

38

 

 

 

(1

)

 

(2.8

)%

 

 

(3

)

 

(7.9

)%

Non-interest income

 

$

630

 

 

$

625

 

 

$

646

 

 

$

5

 

 

0.8

%

 

$

(16

)

 

(2.5

)%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted non-interest income (non-GAAP)(1)

 

$

670

 

 

$

625

 

 

$

646

 

 

$

45

 

 

7.2

%

 

$

24

 

 

3.7

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

1,907

 

 

$

1,873

 

 

$

1,905

 

 

$

34

 

 

1.8

%

 

$

2

 

 

0.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted total revenue (non-GAAP)(1)

 

$

1,947

 

 

$

1,873

 

 

$

1,905

 

 

$

74

 

 

4.0

%

 

$

42

 

 

2.2

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NM - Not Meaningful

* Annualized

** These market value adjustments relate to assets held for employee and director benefits that are effectively offset within salaries and employee benefits and other non-interest expense.

 

Total revenue increased 2 percent on a reported basis and 4 percent on an adjusted basis(1) compared to the first quarter of 2026. Net interest income increased 2 percent driven primarily by average loan growth, fixed-rate asset turnover, one additional day in the quarter and continued prudent management of deposit costs. Net interest margin decreased 1 basis point to 3.66 percent. While loan growth and one additional day benefit net interest income, they reduce the net interest margin.

Non-interest income increased 1 percent on a reported basis and 7 percent on an adjusted basis(1) during the second quarter, with the variance attributable to a $40 million securities repositioning loss. Wealth management income increased 6 percent in the second quarter to a new record level attributable primarily to higher production and favorable market conditions. Card and ATM fees increased 8 percent due primarily to seasonally higher transaction volumes. Service charges and mortgage income increased 2 percent and 3 percent, respectively. Market value adjustments for employee benefit assets increased $29 million during the quarter but are effectively offset in non-interest expense.

 
 

Non-interest expense 

 

 

 

Quarter Ended

($ amounts in millions)

 

6/30/2026

 

3/31/2026

 

6/30/2025

 

2Q26 vs. 1Q26

 

2Q26 vs. 2Q25

Salaries and employee benefits

 

$

697

 

$

659

 

$

658

 

$

38

 

 

5.8

%

 

$

39

 

 

5.9

%

Equipment and software expense

 

 

107

 

 

108

 

 

104

 

 

(1

)

 

(0.9

)%

 

 

3

 

 

2.9

%

Net occupancy expense

 

 

73

 

 

72

 

 

72

 

 

1

 

 

1.4

%

 

 

1

 

 

1.4

%

Outside services

 

 

47

 

 

42

 

 

39

 

 

5

 

 

11.9

%

 

 

8

 

 

20.5

%

Marketing

 

 

28

 

 

29

 

 

26

 

 

(1

)

 

(3.4

)%

 

 

2

 

 

7.7

%

Professional, legal and regulatory expenses

 

 

28

 

 

28

 

 

28

 

 

 

 

%

 

 

 

 

%

Credit/checkcard expenses

 

 

16

 

 

14

 

 

16

 

 

2

 

 

14.3

%

 

 

 

 

%

FDIC insurance assessments

 

 

17

 

 

19

 

 

20

 

 

(2

)

 

(10.5

)%

 

 

(3

)

 

(15.0

)%

Visa class B shares expense

 

 

2

 

 

1

 

 

4

 

 

1

 

 

100.0

%

 

 

(2

)

 

(50.0

)%

Operational losses

 

 

8

 

 

10

 

 

13

 

 

(2

)

 

(20.0

)%

 

 

(5

)

 

(38.5

)%

Branch consolidation, property and equipment charges

 

 

5

 

 

 

 

 

 

5

 

 

NM

 

 

 

5

 

 

NM

 

Other miscellaneous expenses

 

 

93

 

 

86

 

 

93

 

 

7

 

 

8.1

%

 

 

 

 

%

Non-interest expense

 

$

1,121

 

$

1,068

 

$

1,073

 

$

53

 

 

5.0

%

 

$

48

 

 

4.5

%

Adjusted non-interest expense (non-GAAP)(1)

 

$

1,116

 

$

1,068

 

$

1,073

 

$

48

 

 

4.5

%

 

$

43

 

 

4.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Salaries and Employee Benefits Expense 

 

 

 

Quarter Ended

($ amounts in millions)

 

6/30/2026

 

3/31/2026

 

6/30/2025

 

2Q26 vs. 1Q26

 

2Q26 vs. 2Q25

Salaries and employee benefits

 

$

697

 

$

659

 

 

$

658

 

$

38

 

5.8

%

 

$

39

 

5.9

%

Less: Market value adjustments on supplemental 401(k) liabilities*

 

 

24

 

 

(4

)

 

 

16

 

 

28

 

NM

 

 

 

8

 

50.0

%

Salaries and employee benefits less market value adjustments on employee benefit liabilities

 

$

673

 

$

663

 

 

$

642

 

$

10

 

1.5

%

 

$

31

 

4.8

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NM - Not Meaningful 

* The company holds assets in order to effectively offset the market value adjustments on supplemental 401(k) liabilities and the market value adjustments on those assets are recorded in non-interest income. 

 

Non-interest expenses increased 5 percent on a reported and 4 percent on an adjusted basis(1) compared to the first quarter of 2026. Salaries and benefits increased 6 percent as elevated market value adjustments for supplemental employee benefit liabilities, higher revenue-based incentives, two additional months' impact of associate merit increases, and one additional day were partially offset by seasonal decreases in payroll taxes and 401(k) contributions. Outside services increased 12 percent primarily attributable to the timing and volume of services performed. FDIC insurance assessments decreased 11 percent attributable to the unsecured debt adjustment tied to the company's debt issuance during the quarter. The company's second quarter efficiency ratio was 58.3 percent on a reported basis and 56.9 percent on an adjusted basis(1).

 

Loans 

 

 

 

Average Balances

 

 

 

 

 

 

 

 

 

 

 

($ amounts in millions, net of unearned income)

 

2Q26

 

1Q26

 

2Q25

 

2Q26 vs. 1Q26

 

2Q26 vs. 2Q25

Commercial and industrial

 

$

51,504

 

$

49,572

 

$

49,033

 

$

1,932

 

 

3.9

%

 

$

2,471

 

 

5.0

%

Commercial real estate—owner-occupied

 

 

5,342

 

 

5,146

 

 

5,170

 

 

196

 

 

3.8

%

 

 

172

 

 

3.3

%

Investor real estate

 

 

9,789

 

 

9,327

 

 

9,009

 

 

462

 

 

5.0

%

 

 

780

 

 

8.7

%

Business Lending

 

 

66,635

 

 

64,045

 

 

63,212

 

 

2,590

 

 

4.0

%

 

 

3,423

 

 

5.4

%

Residential first mortgage

 

 

19,551

 

 

19,674

 

 

19,992

 

 

(123

)

 

(0.6

)%

 

 

(441

)

 

(2.2

)%

Home equity

 

 

5,496

 

 

5,514

 

 

5,525

 

 

(18

)

 

(0.3

)%

 

 

(29

)

 

(0.5

)%

Consumer credit card

 

 

1,474

 

 

1,473

 

 

1,397

 

 

1

 

 

0.1

%

 

 

77

 

 

5.5

%

Other consumer*

 

 

5,566

 

 

5,717

 

 

5,951

 

 

(151

)

 

(2.6

)%

 

 

(385

)

 

(6.5

)%

Consumer Lending

 

 

32,087

 

 

32,378

 

 

32,865

 

 

(291

)

 

(0.9

)%

 

 

(778

)

 

(2.4

)%

Total Loans

 

$

98,722

 

$

96,423

 

$

96,077

 

$

2,299

 

 

2.4

%

 

$

2,645

 

 

2.8

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending Balances

 

 

 

 

 

 

 

 

6/30/2026

 

6/30/2026

($ amounts in millions, net of unearned income)

 

6/30/2026

 

3/31/2026

 

6/30/2025

 

vs. 3/31/2026

 

vs. 6/30/2025

Commercial and industrial

 

$

51,841

 

$

50,824

 

$

49,586

 

$

1,017

 

 

2.0

%

 

$

2,255

 

 

4.5

%

Commercial real estate—owner-occupied

 

 

5,394

 

 

5,265

 

 

5,165

 

 

129

 

 

2.5

%

 

 

229

 

 

4.4

%

Investor real estate

 

 

9,969

 

 

9,644

 

 

9,098

 

 

325

 

 

3.4

%

 

 

871

 

 

9.6

%

Business Lending

 

 

67,204

 

 

65,733

 

 

63,849

 

 

1,471

 

 

2.2

%

 

 

3,355

 

 

5.3

%

Residential first mortgage

 

 

19,498

 

 

19,621

 

 

20,020

 

 

(123

)

 

(0.6

)%

 

 

(522

)

 

(2.6

)%

Home equity

 

 

5,504

 

 

5,497

 

 

5,536

 

 

7

 

 

0.1

%

 

 

(32

)

 

(0.6

)%

Consumer credit card

 

 

1,498

 

 

1,472

 

 

1,415

 

 

26

 

 

1.8

%

 

 

83

 

 

5.9

%

Other consumer*

 

 

5,496

 

 

5,603

 

 

5,903

 

 

(107

)

 

(1.9

)%

 

 

(407

)

 

(6.9

)%

Consumer Lending

 

 

31,996

 

 

32,193

 

 

32,874

 

 

(197

)

 

(0.6

)%

 

 

(878

)

 

(2.7

)%

Total Loans

 

$

99,200

 

$

97,926

 

$

96,723

 

$

1,274

 

 

1.3

%

 

$

2,477

 

 

2.6

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NM - Not meaningful. 

* Other consumer loans includes Regions' Home Improvement Financing portfolio. 

 

Average loans increased 2 percent while ending loans increased 1 percent compared to the prior quarter. Average business loans increased 4 percent during the quarter while average consumer loans decreased 1 percent. Growth was driven by broad-based C&I lending categories including power and utilities, manufacturing, government and public sector and retail trade. Investor real estate delivered solid growth during the quarter, driven by strong production and increased bridge-financing activity within the multifamily sector, as elevated long-term interest rates have slowed permanent financing. Loan growth remained high quality, with investment grade credits representing more than half of new balances.

 

Deposits 

 

 

 

Average Balances

 

 

 

 

 

 

 

 

 

 

 

($ amounts in millions)

 

2Q26

 

1Q26

 

2Q25

 

2Q26 vs. 1Q26

 

2Q26 vs. 2Q25

Total interest-bearing deposits

 

$

90,953

 

$

91,074

 

$

89,888

 

$

(121

)

 

(0.1

)%

 

$

1,065

 

 

1.2

%

Non-interest-bearing deposits

 

 

39,738

 

 

39,160

 

 

39,556

 

 

578

 

 

1.5

%

 

 

182

 

 

0.5

%

Total Deposits

 

$

130,691

 

$

130,234

 

$

129,444

 

$

457

 

 

0.4

%

 

$

1,247

 

 

1.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ amounts in millions)

 

2Q26

 

1Q26

 

2Q25

 

2Q26 vs. 1Q26

 

2Q26 vs. 2Q25

Consumer Bank Segment

 

$

80,624

 

$

79,599

 

$

79,912

 

$

1,025

 

 

1.3

%

 

$

712

 

 

0.9

%

Corporate Bank Segment

 

 

40,106

 

 

40,707

 

 

39,234

 

 

(601

)

 

(1.5

)%

 

 

872

 

 

2.2

%

Wealth Management Segment

 

 

7,594

 

 

7,777

 

 

7,324

 

 

(183

)

 

(2.4

)%

 

 

270

 

 

3.7

%

Other*

 

 

2,367

 

 

2,151

 

 

2,974

 

 

216

 

 

10.0

%

 

 

(607

)

 

(20.4

)%

Total Deposits

 

$

130,691

 

$

130,234

 

$

129,444

 

$

457

 

 

0.4

%

 

$

1,247

 

 

1.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

End of Period Deposits

 

 

 

 

 

 

 

 

6/30/2026

 

6/30/2026

($ amounts in millions)

 

6/30/2026

 

3/31/2026

 

6/30/2025

 

vs. 3/31/2026

 

vs. 6/30/2025

Consumer Bank Segment

 

$

80,972

 

$

81,271

 

$

79,953

 

$

(299

)

 

(0.4

)%

 

$

1,019

 

 

1.3

%

Corporate Bank Segment

 

 

39,952

 

 

40,574

 

 

40,101

 

 

(622

)

 

(1.5

)%

 

 

(149

)

 

(0.4

)%

Wealth Management Segment

 

 

7,466

 

 

7,750

 

 

7,352

 

 

(284

)

 

(3.7

)%

 

 

114

 

 

1.6

%

Other*

 

 

2,320

 

 

2,285

 

 

3,513

 

 

35

 

 

1.5

%

 

 

(1,193

)

 

(34.0

)%

Total Deposits

 

$

130,710

 

$

131,880

 

$

130,919

 

$

(1,170

)

 

(0.9

)%

 

$

(209

)

 

(0.2

)%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NM - Not meaningful. 

*Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, selected deposits and brokered time deposits) and additional wholesale funding arrangements. 

 

The company's deposit base continues to be a source of strength and an industry differentiator in liquidity and margin performance. Average deposits grew modestly while ending deposits decreased 1 percent during the quarter. Average consumer deposits increased 1 percent, while average corporate and wealth deposits declined 1 percent and 2 percent, respectively.

 

Asset quality 

 

 

 

As of and for the Quarter Ended

($ amounts in millions)

 

6/30/2026

 

3/31/2026

 

6/30/2025

Allowance for credit losses (ACL) at period end

 

$1,613

 

$1,647

 

$1,743

ACL/Loans, net

 

1.63%

 

1.68%

 

1.80%

Business criticized loans to total business loans

 

5.01%

 

5.15%

 

7.22%

Allowance for credit losses to non-performing loans, excluding loans held for sale

 

241%

 

238%

 

225%

Provision for credit losses

 

$68

 

$91

 

$126

Net loans charged-off

 

$102

 

$130

 

$113

Net loans charged-off as a % of average loans, annualized

 

0.42%

 

0.54%

 

0.47%

Non-performing loans, excluding loans held for sale/Loans, net

 

0.67%

 

0.71%

 

0.80%

NPAs (ex. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale

 

0.69%

 

0.73%

 

0.84%

NPAs (inc. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale*

 

0.85%

 

0.90%

 

1.01%

Total Criticized Loans—Business Services**

 

$3,370

 

$3,384

 

$4,608

 

* Excludes fully guaranteed residential first mortgages that are 90+ days past due and still accruing. 

** Business services represents the combined total of commercial and investor real estate loans. 

 

Asset quality trends continued to improve during the quarter, with credit performance reflecting increasing stability across the portfolio. Feedback from commercial customers and ongoing engagement by relationship managers indicates business sentiment remains constructive, while consumer credit fundamentals remain healthy. Consumer spending patterns across Regions' customer base were generally consistent with recent trends, and employment conditions remain supportive. While these trends remain favorable, the company continues to closely monitor economic uncertainty and portfolios with heightened risk or interest rate sensitivity.

Net charge-offs were $102 million or an annualized 42 basis points of average loans, representing a 12 basis point decrease compared to the first quarter of 2026. Business services criticized and total non-performing loans both declined during the quarter. The ratio of non-performing loans as a percentage of total loans declined 4 basis points to 0.67 percent, and the ratio of business services criticized loans as a percentage of total business loans declined 14 basis points to 5.01 percent.

High-quality loan growth modestly increased the allowance, but that increase was offset by progress in resolving loans within previously identified portfolios of interest and continued improvement in underlying credit metrics. As a result, the allowance for credit losses declined $34 million driving a 5 basis point reduction in the allowance ratio to 1.63 percent, while coverage of non-performing loans increased to 241 percent.

 

Capital and liquidity 

 

 

 

As of and for Quarter Ended

 

 

6/30/2026

 

3/31/2026

 

6/30/2025

Common Equity Tier 1 ratio(2)

 

10.7%

 

10.7%

 

10.8%

Common equity Tier 1 ratio (incl. AOCI) (non-GAAP)(1)(2)

 

9.5%

 

9.4%

 

9.3%

Tier 1 capital ratio(2)

 

11.8%

 

11.8%

 

11.9%

Total shareholders' equity to total assets

 

11.68%

 

11.68%

 

11.72%

Tangible common shareholders’ equity to tangible assets (non-GAAP)(1)

 

7.55%

 

7.54%

 

7.52%

Common book value per share

 

$20.48

 

$20.39

 

$19.35

Tangible common book value per share (non-GAAP)(1)

 

$13.78

 

$13.69

 

$12.91

Loans, net of unearned income, to total deposits

 

75.9%

 

74.3%

 

73.9%

 

Regions maintained a strong capital position in the second quarter with estimated capital ratios remaining well above current regulatory requirements. At quarter-end, the Common Equity Tier 1 (CET1)(2) and Tier 1 capital(2) ratios were estimated at 10.7 percent and 11.8 percent respectively. Including the impacts of accumulated other comprehensive income, CET1(1)(2) was estimated at 9.5 percent.

During the second quarter, the company repurchased approximately 2.1 million shares of common stock for a total of $59 million through open-market purchases and declared $226 million in dividends to common shareholders. Earlier this week, the Board of Directors declared a quarterly common stock dividend of $0.30 per share, representing a 13 percent increase over the previous quarter and a continuation of Regions' history of strong dividend growth. Over the past 10 years, Regions has increased its common stock dividend 16 percent on a compound annual growth rate basis, ranking within the top quartile among the company's peer group.

Tangible common book value per share(1) ended the quarter at $13.78, a 7 percent increase year-over-year.

The company's liquidity position also remained robust with total available liquidity as of June 30, 2026, of approximately $69 billion, which includes cash held at the Federal Reserve, FHLB borrowing capacity, unencumbered securities, and capacity at the Federal Reserve's facilities such as the Discount Window or Standing Repo Operations. These sources are sufficient to cover uninsured deposits at a ratio of approximately 181 percent as of quarter-end (excluding intercompany and secured deposits).

(1) Non-GAAP; refer to reconciliations on pages 13 17, 18, 19 and 20 of the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the SEC on Jul. 17, 2026.

(2) Current quarter Common Equity Tier 1 and Tier 1 capital ratios are estimated.

 

Conference Call
The company will hold a live audio webcast to discuss second quarter 2026 results on July 17, 2026 at 10 a.m. ET. To access this live audio webcast, visit the Investor Relations page at ir.regions.com. An archived recording of the webcast will be available at the Investor Relations page at ir.regions.com following the live event.

About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

Forward-Looking Statements
This release and the accompanying earnings call may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. In addition, the company, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein. The words “future,” “anticipates,” “assumes,” “intends,” “plans,” “seeks,” “believes,” “predicts,” “potential,” “objectives,” “estimates,” “expects,” “targets,” “projects,” “outlook,” “forecast,” “would,” “will,” “may,” “might,” “could,” “should,” “can,” and similar terms, expressions, and graphics often signify forward-looking statements. Forward-looking statements are subject to the risk that the actual effects may differ, possibly materially, from what is reflected in those forward-looking statements due to factors and future developments that are uncertain, unpredictable and in many cases beyond our control. 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 current 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, and because they also relate to the future, they are likewise subject to inherent uncertainties and other factors that may cause actual results to differ materially from the views, beliefs and projections expressed in such statements. Therefore, we caution you against relying on any of these forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, those described below:

  • Our businesses have been, and may continue to be, adversely affected by conditions in the financial markets and economic conditions generally.
  • Fluctuations in market interest rates, including the level and shape of the yield curve, may adversely affect our performance.
  • If we experience greater credit losses in our loan portfolios than anticipated, our earnings may be materially adversely affected.
  • Any future reductions in our credit ratings may increase our funding costs and place limitations on business activities.
  • Changes in the soundness of other financial institutions could adversely affect us.
  • We may suffer losses if the value of collateral declines in stressed market conditions.
  • Ineffective liquidity management could adversely affect our financial results and condition.
  • Loss of deposits or a change in deposit mix could increase our funding costs.

Contacts

Investor Relations:
Tom Speir, (205) 264-7040

Media:
Jeremy King, (205) 264-4551


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