RF
Exhibit 99.1
Investor
Information
August - September
Table of Contents
Topic
Page #
Profile and Strategy
3-12
Asset / Liability Management
13-23
Fees & Expenses
24-32
Business Segment Highlights
33-35
Loans & Deposits
36-44
Capital, Debt & Liquidity
45-47
Technology
48-51
Credit
52-64
Near-Term Expectations
65
Environmental, Social & Governance
66-67
Appendix & Forward Looking Statements
68-84
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Our Banking Franchise
Ranked 19th in the U.S. in total deposits(1)
Regions HQ
Retail Branch Footprint
Specialized Lending
Nationwide
Branch Locations by State(2)
Alabama - 186
Georgia - 117
Iowa - 5
Mississippi - 98
South Carolina - 18
Arkansas - 57
Illinois - 41
Kentucky - 9
Missouri - 49
Tennessee - 195
Florida - 272
Indiana - 40
Louisiana - 80
North Carolina - 6
Texas - 88
Regions is one of the top financial institutions in the U.S., providing financial solutions for a wide range of clients including retail and mortgage banking services, commercial banking services, and wealth & investment services through its 15-state retail banking footprint, along with national advisory and specialty lending offerings.(3)
Assets
$154 Billion
Market Capitalization
$18.4 Billion
Customers
~5 Million
Branches
1,262
ATMs
2,022
Associates (FTE)
19,595
(1) Source: S&P Capital IQ as of 6/30/2023; pro-forma for announced M&A transactions as of 7/29/2024. The green shaded states represent Regions' 15-state
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branch footprint. (2) Total branches as of 6/30/2024. (3) Assets, Market Capitalization, Customers, Branches, ATMs, and Associates are as of June 30, 2024.
Diversified Lines of Businesses
Consumer Bank
Retail
Branch network, ATMs, deposit accounts, credit cards, home equity loans, etc. Includes small businesses serviced through the branch
Mortgage
~300 Mortgage Loan Officers providing home
financing to Customers; Business also has ~$70B in
UPB for mortgage servicing rights (MSRs)
EnerBank
Acquired Oct 2021; Home improvement point-of-sale lending to consumers; typically HVAC, windows and doors, roofing, and pools
Corporate Bank
Large Corporate
Banks businesses with revenues from $250M - $2B
Middle-Market Commercial
Banks businesses with revenues from $5M - $250M
Real Estate Banking
Commercial & investment banking services & products to commercial real estate customers
Advisory Services & Specialty Lending
Capital Markets, Treasury Management, Specialty
Lending Verticals: Healthcare, Energy, Technology,
Transportation, Financial Services, Asset-Based
Lending, Franchise, Ascentium
Wealth Management
Private Wealth
Wealth planning, banking, investment mgt, trust, estate services and philanthropic solutions for affluent and high net worth individuals and families with $500k+ in income producing assets
Institutional Services
Deliver asset mgt, retirement, investment consulting,
corporate trust, escrow, funeral trust, and philanthropic solutions for businesses, gov't institutions and non-profit entities
Investment Services
Offers mass affluent customers financial planning, investments, retirement and savings solutions, through financial advisors and digital investing
2Q24 Pre-taxpre-provision income(1)
7%
$727M 44%
49%
Consumer
2Q24 Average loans
2Q24 Average deposits
2%
6%
2%
35%
29%
$127B
$97B
63%
63%
Corporate
Wealth Management
Other
(1) Pie %'s exclude the pre-taxpre-provision income from the Other Segment totaling ($55) million. The Other Segment consists primarily of unallocated Treasury functions
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(securities portfolio and wholesale funding activities), as well as certain reconciling items necessary to translate management accounting practices into consolidated results.
Profile Evolution
Improved Credit
Risk Profile
Exited Non-Core
Businesses
Continuous
Improvement
Investor CRE
CCAR Loan Loss
($ in billions)
Rate
$24
8.1%
7.8%
$9
Sold $300M of
Indirect Auto
Consumer Exit
Portfolio
2018
2022
2012
2019
2023
Customer
Journeys
Revenue Growth
Organization Simplification
Efficiency
Improvements
2008
2023
2012
2024
Proactive Interest
Rate Hedging
Sold $1.2B Unsecured
Consumer Loan Portfolio
Strategic M&A
~550 bps improvement in efficiency ratio 2016 to 2023 while improving Associate Engagement(1)
Top Quartile
Profitability
ROATCE
21.9%
17.2%
Top Quartile
9.0%
16.4%
Median
13.9%
Bottom Quartile
2015
RF
Peers(2)
2023
(1) Gallup (2) Source: S&P Capital IQ; peers include CFG, CMA, FHN, FITB, HBAN, HWC, KEY, MTB, PNC, SNV, TFC, USB, ZION.
5
Top Market Share
Plays valuable role in the competitive landscape
Markets with top 5 market share(1)
MSAs
Non-MSA Counties
(1) Based on MSA and non-MSA counties using FDIC deposit data as of 6/30/2023; pro-forma for announced M&A transactions as of 7/29/2024. (2) Significant
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money center bank presence (JPM, BAC, C, WFC) defined as combined market share using 6/30/2023 FDIC deposit data of 20% or more.
Strong In-Market Migration
Converted legacy core markets into growth markets
Serving Fast-Growing MSAs
Deposits
Market
Rank(1)
Nashville, Tennessee
$10.0
3
Tampa, Florida
$6.5
5
Atlanta, Georgia
$5.8
7
Orlando, Florida
$2.7
6
Knoxville, Tennessee
$2.7
3
Huntsville, Alabama
$2.7
1
Dallas/Ft Worth, Texas
$2.1
21
Houston, Texas
$2.1
16
Little Rock, AR
$2.1
7
Chattanooga, TN
$1.7
4
Indianapolis, Indiana
$1.7
13
Pensacola, Florida
$1.6
2
Daphne, AL
$1.4
1
Destin, FL
$1.3
1
Jacksonville, FL
$1.1
8
'24-'29 Population Growth(1)
National average: 2.4%
18 of top 25 U.S. markets with net
migration inflows are within
Regions' footprint(2)
Regions' deposit weighted
population growth by MSA for 2024-2029 is 3.1% vs. national average of 2.4%(1)
15 of Regions' top 25(1) MSAs are projected to grow fasterthan the U.S. national average
Unemployment rates in 7 of our top 8 deposit states remain below the national average(3)
(3) Source: U.S. Bureau of Labor Statistics.
7
Regions Receives Top Honors
Regions Bank was ranked 1st
among regional banks in JD Powers Online Banking Satisfaction StudySM.
Regions Investment Management has once again been recognized by Pensions & Investments with the 2023 Best Places to Work in Money Management award.
Regions Bank was named a Gallup Exceptional Workplace Award Winner for the 10th consecutive year.
Regions Financial named one of America's most JUST Companies for third consecutive year
Regions Bank is the highest- ranked bank on Forbes' 2024 list of Top 300 companies for customer service.
Regions Bank is recognized by FORTUNE
as one of America's most innovative
companies.
For the fourth consecutive year,
Regions Bank was named a Best Place to Work for Disability Inclusion by the Disability Equality Index
For the seventh consecutive year,
The US Small Business Administration Office of International Trade selected Regions as a 2023 Export Lender of the Year
Regions Bank was recognized as a 2024 Silver Status Military Friendly and Military Spouse Friendly Employer
Fannie Mae has recognized
Regions Mortgage for excellence
in loan servicing
8
Second Quarter Overview
Continue to deliver consistent, sustainable long-term performance
Key Performance Metrics
2Q24
Reported
Adjusted(1)
Highlights
Net Income Available to Common
$477M
Shareholders
Diluted Earnings Per Share
$0.52
Total Revenue
$1.7B
$1.8B
Non-Interest Expense
$1.0B
$1.0B
Pre-TaxPre-Provision Income(1)
$727M
$749M
Efficiency Ratio
57.6%
57.6%
Net-Charge Offs / Avg Loans
0.42%
0.42%
(1) Non-GAAP, see appendix for reconciliation.
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Regions' Consistent Outperformance
Regions' earnings, including credit costs, have been top quartile vs peers since 2019
Adjusted PPI(1) Less Net Charge-offs to RWA(2)
2.30%
2.47%
2.31%
1.99%
2.07%
1.96%
1.96%
1.88%
1.95%
1.78%
1.86%
1.73%
1.58%
1.61%
2019
2020
2021
2022
2023
1Q24
2Q24
RF
Peer Median
FHN, FITB, HBAN, HWC, KEY, MTB, PNC, SNV, TFC, USB, ZION.
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Disclaimer
Regions Financial Corporation published this content on 19 August 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on August 19, 2024 at 21:58:06 UTC.