Regions Bank, Financial Information

About Regions Bank

 Address:
1900 Fifth Avenue North
Birmingham, AL
Jefferson County, Alabama
 Established:
Jan 1928
 Number of domestic offices:
1471
 Number of foreign offices:
3
Total assets$126,896M
Net income$880M
Net income, quarterly$442M
Total deposits$98,330M
Domestic deposits$98,330M
Equity capital$16,485M
ROA1.39%
ROAQ, quarterly1.39%
ROA, pretax1.39%
ROAQ, quarterly, pretax1.73%
ROE11.04%
ROEQ, quarterly10.92%
UpdatedOct 03, 2019

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Regions Financial Corporation traces its roots back to three Alabama-based banks who became original affiliates of First Alabama Bancshares, Inc., chartered in 1970 as the first multi-bank holding company in the state of Alabama. Those three banks are: the First National Bank of Huntsville, chartered in 1856, the First National Bank of Montgomery, opened in 1871, and the Exchange Security Bank of Birmingham.

Regions Financial Corporation, with $117 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,700 banking offices and 2,000 ATMs.

Regions Bank offers Checking, Money Market, Savings, CDs, Regions Visa® CheckCard, Credit Cards, Home Equity, Mortgages, Auto Loans, Student Loans. Regions Financial Corporation was formed in 1971 as First Alabama Bancshares Inc., Alabama 's first multibank holding company. With the combination of three well-respected banks, the holding company began operations with a total of $543 million in assets and 40 banking locations in Birmingham , Huntsville and Montgomery.