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Regions Financial Corp.

Industry: Regional Banks

Fortune Rank: 254

For the nine months ended 30 September 2005, Regions Financial Corp. Net income available to common shareholders increased 28% to $746.5M. Net income available to common shareholders reflects increase in net interest margin, increased net interest income and higher fee-based revenue. Regions Financial Corp is a regional holding company that operates 689 banking offices in AL, AR, FL, GA, TN, SC, TX and LA.

Regions Financial Corporation (Regions) is a financial holding company that operates primarily within the southeastern United States. Regions' operations consist of banking, brokerage and investment services, mortgage banking, insurance brokerage, credit life insurance, commercial accounts receivable factoring and specialty financing. Regions Financial Corporation conducts its banking operations through Regions Bank, an Alabama-chartered commercial bank that is a member of the Federal Reserve System, and Union Planters Bank, National Association (UPBNA), a national bank. Regions provides additional financial services through various subsidiaries or divisions. On July 1, 2004, Regions merged with Union Planters Corporation (Union Planters).

Regions Financial Corp.

Regions Financial Corp. achieved revenue of $9,087.10 million in 2010 but posted a loss of $-1,031.30 million.

Regions Financial Corp.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 254th compared to 280th in 2009. This was based on its 2009 revenue of $9,637 million (a change of 0 million compared to 2010) and profits of $-5,596 million (a change of $4 million compared to 2009).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Regions Financial Corp. would be ranked 462nd rather than 254th due to the fact it made a loss of $-1,031 million in 2010.

* US$ Million

• Address
  • Regions Financial Corp.
    417 N 20th Street
    Birmingham
    AL
    35203
• Contact Details
  • Phone: 205-944-1300
  • Fax: 334-832-8419
  • Website: www.regions.com
  • Stock Symbol: RF

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