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Regions Financial Corporation (RF) is a financial services company that operates through three primary business segments: Corporate Bank, Consumer Bank, and Wealth Management, with additional activities categorized under "Other" . The company provides a range of financial products and services, including commercial and industrial lending, consumer banking products, and wealth management solutions . Regions Financial Corporation has a diversified revenue stream, with significant contributions from non-interest income sources such as service charges, card and ATM fees, and investment management .
- Consumer Bank - Offers consumer banking products and services through its branch network, including residential mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, along with corresponding deposit relationships .
- Corporate Bank - Provides commercial banking functions such as commercial and industrial lending, commercial real estate, investor real estate lending, equipment lease financing, and capital markets activities, serving corporate, middle market, and commercial real estate developers and investors .
- Wealth Management - Delivers solutions for individuals, businesses, governmental institutions, and non-profit entities, including credit-related products, trust and investment management, asset management, retirement and savings solutions, and estate planning .
Name | Position | External Roles | Short Bio | |
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Brian R. Willman Executive | Senior Executive Vice President, Head of Corporate Banking Group | N/A | Brian R. Willman joined RF in 2009, serving in various roles including Community Banking Executive, Area President, COO for Commercial Banking, and Head of Commercial Banking. He became Head of Corporate Banking Group effective December 31, 2024, succeeding Ronnie Smith. | |
C. Dandridge Massey Executive | Senior Executive Vice President and Chief Enterprise Operations and Technology Officer | N/A | Massey joined RF in 2022 and restructured technology and operations to align with strategic objectives. He delivered customer-centered solutions and achieved 100% participation in DEI Networks. | |
David R. Keenan Executive | Senior Executive Vice President and Chief Administrative and Human Resources Officer | N/A | David R. Keenan has been with RF since 2010, previously serving as Chief Human Resources Officer. He has led initiatives in associate engagement, turnover reduction, and performance management. | |
John M. Turner, Jr. Executive | President and CEO | Business Council of Alabama, Birmingham Business Alliance, Economic Development Partnership of Alabama, A Plus Education Foundation, United Way of Central Alabama, Infirmary Health System | John M. Turner, Jr. joined RF in 2011 as President of the South Region, became Head of the Corporate Bank in 2014, President in 2017, and CEO in 2018. He focuses on soundness, profitability, and growth, with strategic emphasis on risk management and long-term performance. | View Report → |
Kate R. Danella Executive | Senior Executive Vice President and Head of Consumer Banking Group | N/A | Kate R. Danella joined RF in 2018, previously serving as Chief Strategy and Client Experience Officer, and Head of Strategic Planning & Consumer Bank Products and Origination Partnerships. | |
Russell K. Zusi Executive | Senior Executive Vice President and Chief Risk Officer | Board member and head of the finance committee for LIFESPAN | Russell K. Zusi became CRO on January 2, 2024, after nearly 20 years at Bank of America in senior Risk Management and Finance roles. He oversees company-wide risk management functions at RF. | |
Scott M. Peters Executive | Senior Executive Vice President and Chief Transformation Officer | Director of Regions Investment Services, Inc. | Scott M. Peters has been an executive officer at RF since 2010, previously serving as Director of Regions Investment Services, Inc., Head of Consumer Banking Group, and Consumer Services Group Head. | |
Tara A. Plimpton Executive | Senior Executive Vice President, Chief Legal Officer, and Corporate Secretary | N/A | Tara A. Plimpton joined RF in 2020, previously serving as General Counsel. She oversees legal, governance, and regulatory matters for the corporation. | |
William D. Ritter Executive | Senior Executive Vice President and Head of Wealth Management Group | Director of Highland Associates, Inc. | William D. Ritter has been with RF since 2010, serving as Head of Wealth Management Group. He is also a Director of Highland Associates, Inc.. | |
Alison S. Rand Board | Director | University of Florida Foundation, Junior Achievement of Georgia, University of Georgia Terry College of Business, University of Florida Warrington College of Business | Alison S. Rand joined RF's board in 2023. She previously served as Executive Vice President and CFO at Primerica and played a critical role in its IPO in 2010. | |
Charles D. McCrary Board | Independent Director | Director of Great Southern Wood Holdings, Inc. | Charles D. McCrary has been an Independent Director at RF since 2001 and has served as the Independent Chair of the Board since 2019. He was previously President and CEO of Alabama Power Company. | |
J. Thomas Hill Board | Independent Director | Chairman, President, and CEO of Vulcan Materials Company | J. Thomas Hill joined RF's board in 2022. He is the Chairman, President, and CEO of Vulcan Materials Company and has extensive experience in leadership and strategic planning. | |
James T. Prokopanko Board | Independent Director | Vulcan Materials Company, Xcel Energy Inc. | James T. Prokopanko has been an Independent Director at RF since 2016. He previously served as President and CEO of The Mosaic Company and has experience in environmental risk management. | |
John D. Johns Board | Independent Director | Lead Independent Director at Genuine Parts Company, Member of the Compensation and Management Succession Committee at Southern Company | John D. Johns has been an Independent Director at RF since 2011. He serves as the Chair of the Risk Committee and has extensive experience in financial services and insurance. | |
Joia M. Johnson Board | Independent Director | Member of the Compensation Committee at Global Payments Inc., Member of the Nominating and Corporate Governance Committee at Sylvamo Corporation | Joia M. Johnson joined RF's board in 2021. She has extensive experience in corporate governance, human resources, and legal functions, and serves as the Chair of the CHR Committee at RF. | |
Lee J. Styslinger III Board | Independent Director | Co-Chairman of Altec Inc., Vulcan Materials Company, Workday, Inc. | Lee J. Styslinger III has been an Independent Director at RF since 2003. He is Co-Chairman of Altec Inc. and has extensive experience in risk management and strategic planning. | |
Mark A. Crosswhite Board | Independent Director | Chairman of the Board of Prosper Birmingham, Member of the President's Cabinet of the University of Alabama | Mark A. Crosswhite joined RF's board in 2022. He previously served as Chairman, President, and CEO of Alabama Power Company and brings extensive leadership experience in regulated industries. | |
Noopur Davis Board | Independent Director | Corporate Executive Vice President, Chief Information Security and Product Privacy Officer at Comcast, Member of the President's National Security Telecommunications Advisory Committee | Noopur Davis joined RF's board in 2022. She serves on the Risk Committee and Technology Committee, bringing expertise in technology and cybersecurity. | |
Roger W. Jenkins Board | Director | American Petroleum Institute, National Petroleum Council, Board Chair of the LSU Foundation | Roger W. Jenkins joined RF's board on January 1, 2025. He previously served as President, CEO, and Director of Murphy Oil Corporation and has extensive experience in the energy sector. | |
Ruth Ann Marshall Board | Independent Director | ConAgra Brands, Inc., Global Payments Inc. | Ruth Ann Marshall has been an Independent Director at RF since 2011. She previously served as President of The Americas at MasterCard International, Inc. and has extensive experience in electronic payment services. | |
Zhanna Golodryga Board | Independent Director | Executive Vice President, Emerging Energy and Sustainability at Phillips 66, Novonix Limited | Zhanna Golodryga has been an Independent Director at RF since 2019. She is the Chair of the Technology Committee and a member of the Risk Committee, overseeing technology and cybersecurity initiatives. | |
Jos\u00e9 S. Suquet |
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Given that your net charge-offs are trending towards the higher end of your expected 40-50 basis point range, do you anticipate this level remaining sticky, or do you foresee a decline in the coming quarters based on current economic conditions?
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With the growth of private credit and banks' potential roles in origination and structuring, are you considering investing more in this area to enhance your capital markets revenue, or are there specific reasons you are not pursuing this opportunity?
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Considering the cautious optimism among corporate customers and lower loan utilization rates, what specific strategies are you implementing to drive loan growth and capitalize on opportunities in your markets over the next year?
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Despite your confidence in expense management and commitment to positive operating leverage, what risks could pressure expenses higher, and how might this influence your ability to achieve positive operating leverage in 2025?
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With the potential risk of debit card interchange reform, how are you planning to grow your fee income in that area, and what contingencies do you have in place should regulatory changes impact this revenue stream?
Notable M&A activity and strategic investments in the past 3 years.
Company | Year | Details |
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Mortgage Servicing Rights | 2023 | Regions Financial Corporation acquired bulk MSRs—purchasing $6.2B in UPB in early Q3 and $32B in UPB during the first half of 2023—which boosted its servicing portfolio to $82B, with plans to expand past $100B, aligning with its strategy to grow fee revenue. |
Clearsight Advisors | 2021 | Although specific deal value or detailed terms were not disclosed, the acquisition was pursued to drive growth in capital markets revenue and diversify Regions Financial's revenue streams. |
Sabal Capital Partners | 2021 | Acquired by Regions in late 2021 (announced in October and completed in December), this deal enhanced their Real Estate Capital Markets capability by integrating a technology-driven platform focused on small-balance commercial loans, while excluding Sabal's investment management business. |
EnerBank | 2021 | Completed in October 2021 after a June announcement, the $960M acquisition of EnerBank—one of the nation’s largest home improvement lenders with $2.8B in loan balances—was aimed at expanding Regions’ consumer lending services, particularly in the point-of-sale home improvement financing space. |
Recent press releases and 8-K filings for RF.
- Strong earnings performance: $465 million net income, $0.51 EPS, and adjusted earnings of $487 million (adjusted EPS $0.54), with total revenue up 2% at $1.8 billion
- Robust capital management: Common equity Tier 1 ratio of 10.8%, execution of $242 million in share repurchases, and $226 million in dividends supporting strategic investments
- CEO remarks highlighted robust deposit growth and a focus on relationship banking to support sustainable performance
- Market uncertainty persists as customers adopt a wait-and-see approach amid tariff and economic concerns potentially impacting loan growth and investment decisions
- Shareholders held the meeting on April 16, 2025, where votes were cast on several key proposals, including the election of 14 directors for a one‑year term, with outcomes clearly indicating strong support for the director nominees.
- The meeting also secured ratification of Ernst & Young LLP as the independent auditor and provided advisory approval for the executive compensation program for fiscal year 2025.
- Additionally, shareholders approved both the 2025 Long Term Incentive Plan and a proposal to implement a simple majority vote for future matters.