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Exhibit 99.2

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Regions Financial Corporation and Subsidiaries
Financial Supplement (unaudited)
Second Quarter 2025





Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release

Table of Contents
 
   Page
Financial Highlights  
Selected Ratios and Other Information*  
Consolidated Balance Sheets  
  
Loans   
Deposits  
Consolidated Statements of Income  
Consolidated Average Daily Balances and Yield / Rate Analysis  
Pre-Tax Pre-Provision Income ("PPI")* and Adjusted PPI*  
Non-Interest Income, Service Charges on Deposit Accounts by Segment, Wealth Management Income, Capital Markets Income, and Mortgage Income  
Non-Interest Expense  
Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures*  
Adjusted Efficiency Ratios, Adjusted Fee Income Ratios, Adjusted Non-Interest Income / Expense, Adjusted Operating Leverage Ratios, Adjusted Total Revenue, Adjusted Net Income Available to Common Shareholders, Adjusted Diluted EPS, Return Ratios, Tangible Common Ratios, and Common Equity Tier 1 (CET1) Ratios
Asset Quality  
Allowance for Credit Losses, Net Charge-Offs and Related Ratios, Adjusted Net Charge-Offs and Related Ratios  
Non-Performing Loans (excludes loans held for sale), Early and Late Stage Delinquencies  
Forward-Looking Statements

*Use of non-GAAP financial measures
Regions believes that the presentation of non-GAAP financial measures provides a meaningful basis for period-to-period comparisons, which management believes will assist investors in assessing the performance of the Company on the same basis as that applied by management. Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied and are not audited. Although non-GAAP financial measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical tools, and should not be considered in isolation, or as a substitute for analyses of results as reported under GAAP. In particular, a measure of earnings that excludes certain adjustments does not represent the amount that effectively accrues directly to shareholders. Additionally, our non-GAAP financial measures may not be comparable to similar non-GAAP financial measures used by other companies and there is no certainty that we will not incur expenses in the future that are similar to those excluded in the calculations on non-GAAP financial measures presented herein.

Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Financial Highlights
Quarter Ended
($ amounts in millions, except per share data)6/30/20253/31/202512/31/20249/30/20246/30/2024
Earnings Summary
Interest income - taxable equivalent$1,796 $1,737 $1,815 $1,832 $1,774 
Interest expense - taxable equivalent525 531 572 602 576 
Net interest income - taxable equivalent1,271 1,206 1,243 1,230 1,198 
Less: Taxable-equivalent adjustment12 12 13 12 12 
Net interest income 1,259 1,194 1,230 1,218 1,186 
Provision for credit losses126 124 120 113 102 
Net interest income after provision for credit losses1,133 1,070 1,110 1,105 1,084 
Non-interest income646 590 585 572 545 
Non-interest expense1,073 1,039 1,038 1,069 1,004 
Income before income taxes706 621 657 608 625 
Income tax expense143 131 123 118 124 
Net income$563 $490 $534 $490 $501 
Net income available to common shareholders$534 $465 $508 $446 $477 
Adjusted net income available to common shareholders (non-GAAP) (1)
$538 $487 $538 $520 $488 
Weighted-average shares outstanding—during quarter:
Basic898 906 911 914 917 
Diluted900 910 915 918 918 
Basic earnings per common share $0.59 $0.51 $0.56 $0.49 $0.52 
Diluted earnings per common share $0.59 $0.51 $0.56 $0.49 $0.52 
Adjusted diluted earnings per common share (non-GAAP) (1)
$0.60 $0.54 $0.59 $0.57 $0.53 
Balance Sheet Summary
At quarter-end
Loans, net of unearned income$96,723 $95,733 $96,727 $96,789 $97,508 
Allowance for credit losses(1,743 )(1,730 )(1,729 )(1,728 )(1,732 )
Assets159,206 159,846 157,302 157,426 154,052 
Deposits130,919 130,971 127,603 126,376 126,616 
Long-term borrowings5,279 6,019 5,993 6,016 5,083 
Shareholders' equity18,666 18,530 17,879 18,676 17,169 
Average balances
Loans, net of unearned income$96,077 $96,122 $96,408 $97,040 $97,281 
Assets157,974 156,876 156,508 154,667 152,867 
Deposits129,444 127,687 126,493 125,950 126,901 
Long-term borrowings5,660 6,001 6,025 5,351 3,595 
Shareholders' equity18,350 18,127 18,042 18,047 16,713 
_____
(1) See reconciliation of these non-GAAP measures to the most directly comparable GAAP measures on page 18.



1
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Selected Ratios and Other Information
As of and for Quarter Ended
 6/30/20253/31/202512/31/20249/30/20246/30/2024
Return on average assets* (1)
1.43 %1.27 %1.36 %1.26 %1.32 %
Return on average common shareholders' equity*12.72 %11.49 %12.39 %10.88 %12.74 %
Return on average tangible common shareholders’ equity (non-GAAP)* (2)
19.34 %17.72 %19.19 %16.87 %20.75 %
Adjusted return on average tangible common shareholders' equity (non-GAAP) *(2)
19.48 %18.58 %20.30 %19.68 %21.23 %
Efficiency ratio56.0 %57.9 %56.8 %59.3 %57.6 %
Adjusted efficiency ratio (non-GAAP) (2)
56.0 %56.8 %55.4 %56.9 %57.6 %
Dividend payout ratio (3)
42.0 %48.6 %44.7 %51.3 %46.1 %
Common book value per share$19.35 $18.70 $17.77 $18.62 $16.94 
Tangible common book value per share (non-GAAP) (2)
$12.91 $12.29 $11.42 $12.26 $10.61 
Total shareholders' equity to total assets11.72 %11.59 %11.37 %11.86 %11.14 %
Tangible common shareholders’ equity to tangible assets (non-GAAP) (2)
7.52 %7.17 %6.86 %7.37 %6.55 %
Common equity Tier 1 (4)
$13,529$13,355 $13,434 $13,185 $13,093 
Total risk-weighted assets (4)
$126,319$123,755 $124,440 $124,645 $125,682 
Common equity Tier 1 ratio (4)
10.7 %10.8 %10.8 %10.6 %10.4 %
Adjusted common equity Tier 1 ratio (non-GAAP) (2)(4)
9.2 %9.1 %8.8 %9.1 %8.2 %
Tier 1 capital ratio (4)
11.8 %12.2 %12.2 %12.0 %11.7 %
Total risk-based capital ratio (4)
13.7 %14.1 %14.1 %13.9 %13.6 %
Leverage ratio (4)
9.7 %9.8 %9.9 %9.8 %9.8 %
Effective tax rate 20.3 %21.1 %18.9 %19.4 %19.8 %
Allowance for credit losses as a percentage of loans, net of unearned income1.80 %1.81 %1.79 %1.79 %1.78 %
Allowance for credit losses to non-performing loans, excluding loans held for sale 225 %205 %186 %210 %204 %
Net interest margin (FTE)* 3.65 %3.52 %3.55 %3.54 %3.51 %
Loans, net of unearned income, to total deposits73.9 %73.1 %75.8 %76.6 %77.0 %
Net charge-offs as a percentage of average loans*0.47 %0.52 %0.49 %0.48 %0.42 %
Non-performing loans, excluding loans held for sale, as a percentage of loans0.80 %0.88 %0.96 %0.85 %0.87 %
Non-performing assets (excluding loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale0.84 %0.92 %0.97 %0.87 %0.88 %
Non-performing assets (including loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale (5)
1.01 %1.11 %1.15 %1.06 %1.06 %
Associate headcount—full-time equivalent 19,642 19,541 19,644 19,560 19,595 
ATMs 1,996 2,008 2,011 2,019 2,022 
Branch Statistics
Full service1,224 1,224 1,227 1,235 1,236 
Drive-through/transaction service only25 25 26 26 26 
Total branch outlets1,249 1,249 1,253 1,261 1,262 
*Annualized
(1)Calculated by dividing net income by average assets.
(2)See reconciliation of these non-GAAP measures to the most directly comparable GAAP measures on pages 12, 16, 18, and 19.
(3)Dividend payout ratio reflects dividends declared within the applicable period.
(4)Current quarter Common equity Tier 1 as well as Total risk-weighted assets, Tier 1 capital, Total risk-based capital and Leverage ratios are estimated.
(5)Excludes guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 22 for amounts related to these loans.

2
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Consolidated Balance Sheets
As of
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024
Assets:
Cash and due from banks$3,245 $3,287 $2,893 $2,665 $2,955 
Interest-bearing deposits in other banks7,930 11,029 7,819 7,856 5,524 
Debt securities held to maturity5,972 5,195 4,427 2,787 733 
Debt securities available for sale26,333 25,942 26,224 28,698 28,537 
Loans held for sale594 345 594 522 552 
Loans, net of unearned income 96,723 95,733 96,727 96,789 97,508 
Allowance for loan losses
(1,612)(1,613)(1,613)(1,607)(1,621)
Net loans95,111 94,120 95,114 95,182 95,887 
Other earning assets1,682 1,412 1,616 1,625 1,844 
Premises and equipment, net1,755 1,726 1,673 1,648 1,630 
Interest receivable574 583 572 596 608 
Goodwill5,733 5,733 5,733 5,733 5,733 
Residential mortgage servicing rights at fair value (MSRs)988 979 1,007 971 1,020 
Other identifiable intangible assets, net153 161 169 178 187 
Other assets9,136 9,334 9,461 8,965 8,842 
Total assets$159,206 $159,846 $157,302 $157,426 $154,052 
Liabilities and Equity:
Deposits:
Non-interest-bearing$40,209 $40,443 $39,138 $39,698 $40,927 
Interest-bearing90,710 90,528 88,465 86,678 85,689 
Total deposits130,919 130,971 127,603 126,376 126,616 
Borrowed funds:
Short-term borrowings— — 500 1,500 513 
Long-term borrowings5,279 6,019 5,993 6,016 5,083 
Other liabilities4,302 4,289 5,296 4,807 4,638 
Total liabilities140,500 141,279 139,392 138,699 136,850 
Equity:
Preferred stock, non-cumulative perpetual1,369 1,715 1,715 1,715 1,659 
Common stock9 9 9 10 10 
Additional paid-in capital11,017 11,161 11,394 11,438 11,575 
Retained earnings9,609 9,299 9,060 8,778 8,561 
Treasury stock, at cost(1,371)(1,371)(1,371)(1,371)(1,371)
Accumulated other comprehensive income (loss), net(1,967)(2,283)(2,928)(1,894)(3,265)
Total shareholders’ equity18,666 18,530 17,879 18,676 17,169 
Noncontrolling interest
40 37 31 51 33 
Total equity
18,706 18,567 17,910 18,727 17,202 
Total liabilities and equity$159,206 $159,846 $157,302 $157,426 $154,052 







3
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release

End of Period Loans
As of
    6/30/20256/30/2025
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024 vs. 3/31/2025 vs. 6/30/2024
Commercial and industrial$49,586 $48,879 $49,671 $49,565 $50,222 $707 1.4 %$(636)(1.3)%
Commercial real estate mortgage—owner-occupied4,890 4,849 4,841 4,873 4,781 41 0.8 %109 2.3 %
Commercial real estate construction—owner-occupied275 316 333 341 370 (41)(13.0)%(95)(25.7)%
Total commercial54,751 54,044 54,845 54,779 55,373 707 1.3 %(622)(1.1)%
Commercial investor real estate mortgage 6,949 6,376 6,567 6,562 6,536 573 9.0 %413 6.3 %
Commercial investor real estate construction2,149 2,457 2,143 2,250 2,301 (308)(12.5)%(152)(6.6)%
Total investor real estate9,098 8,833 8,710 8,812 8,837 265 3.0 %261 3.0 %
Total business63,849 62,877 63,555 63,591 64,210 972 1.5 %(361)(0.6)%
Residential first mortgage20,020 20,000 20,094 20,125 20,206 20 0.1 %(186)(0.9)%
Home equity—lines of credit (1)
3,184 3,130 3,150 3,130 3,142 54 1.7 %42 1.3 %
Home equity—closed-end (2)
2,352 2,371 2,390 2,404 2,410 (19)(0.8)%(58)(2.4)%
Consumer credit card1,415 1,384 1,445 1,372 1,349 31 2.2 %66 4.9 %
Other consumer (3)(4)
5,903 5,971 6,093 6,167 6,191 (68)(1.1)%(288)(4.7)%
Total consumer32,874 32,856 33,172 33,198 33,298 18 0.1 %(424)(1.3)%
Total Loans$96,723 $95,733 $96,727 $96,789 $97,508 $990 1.0 %$(785)(0.8)%
______
(1)     The balance of Regions' home equity lines of credit consists of $1,422 million of first lien and $1,762 million of second lien at 6/30/2025.
(2)    The balance of Regions' closed-end home equity loans consists of $1,819 million of first lien and $533 million of second lien at 6/30/2025.
(3)    Starting in 2025, other consumer loans include exit portfolios, which consists primarily of indirect auto loans, and presentation of prior periods has been conformed accordingly.
(4)    Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $5.0 billion at 6/30/2025, $5.1 billion at 3/31/2025, $5.2 billion at 12/31/2024, $5.2 billion at 9/30/2024 and $5.2 billion at 6/30/2024.

As of
End of Period Loans by Percentage(1)
6/30/20253/31/202512/31/20249/30/20246/30/2024
Commercial and industrial51.3 %51.1 %51.4 %51.2 %51.5 %
Commercial real estate mortgage—owner-occupied5.1 %5.1 %5.0 %5.0 %4.9 %
Commercial real estate construction—owner-occupied0.3 %0.3 %0.3 %0.4 %0.4 %
Total commercial56.6 %56.5 %56.7 %56.6 %56.8 %
Commercial investor real estate mortgage7.2 %6.7 %6.8 %6.8 %6.7 %
Commercial investor real estate construction2.2 %2.6 %2.2 %2.3 %2.4 %
Total investor real estate9.4 %9.2 %9.0 %9.1 %9.1 %
Total business66.0 %65.7 %65.7 %65.7 %65.9 %
Residential first mortgage20.7 %20.9 %20.8 %20.8 %20.7 %
Home equity—lines of credit 3.3 %3.3 %3.3 %3.2 %3.2 %
Home equity—closed-end 2.4 %2.5 %2.5 %2.5 %2.5 %
Consumer credit card1.5 %1.4 %1.5 %1.4 %1.4 %
Other consumer6.1 %6.2 %6.3 %6.4 %6.3 %
Total consumer34.0 %34.3 %34.3 %34.3 %34.1 %
Total Loans100.0 %100.0 %100.0 %100.0 %100.0 %
(1)Amounts have been calculated using whole dollar values, and therefore such amounts may not add to total amounts.

4
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Average Balances of Loans
 Average Balances
($ amounts in millions)2Q251Q254Q243Q242Q242Q25 vs. 1Q252Q25 vs. 2Q24
Commercial and industrial$49,033 $49,209 $49,357 $49,847 $50,046 $(176)(0.4)%$(1,013)(2.0)%
Commercial real estate mortgage—owner-occupied4,900 4,863 4,869 4,877 4,765 37 0.8 %135 2.8 %
Commercial real estate construction—owner-occupied270 317 343 335 350 (47)(14.8)%(80)(22.9)%
Total commercial54,203 54,389 54,569 55,059 55,161 (186)(0.3)%(958)(1.7)%
Commercial investor real estate mortgage6,805 6,484 6,491 6,495 6,610 321 5.0 %195 3.0 %
Commercial investor real estate construction2,204 2,267 2,165 2,264 2,229 (63)(2.8)%(25)(1.1)%
Total investor real estate9,009 8,751 8,656 8,759 8,839 258 2.9 %170 1.9 %
Total business 63,212 63,140 63,225 63,818 64,000 72 0.1 %(788)(1.2)%
Residential first mortgage19,992 20,037 20,107 20,147 20,191 (45)(0.2)%(199)(1.0)%
Home equity—lines of credit3,168 3,135 3,135 3,128 3,145 33 1.1 %23 0.7 %
Home equity—closed-end2,357 2,374 2,392 2,402 2,412 (17)(0.7)%(55)(2.3)%
Consumer credit card1,397 1,394 1,398 1,359 1,331 3 0.2 %66 5.0 %
Other consumer (1)(2)
5,951 6,042 6,151 6,186 6,202 (91)(1.5)%(251)(4.0)%
Total consumer32,865 32,982 33,183 33,222 33,281 (117)(0.4)%(416)(1.2)%
Total Loans$96,077 $96,122 $96,408 $97,040 $97,281 $(45)— %$(1,204)(1.2)%
Average Balances
Six Months Ended June 30
($ amounts in millions)202520242025 vs. 2024
Commercial and industrial$49,120 $50,068 $(948)(1.9)%
Commercial real estate mortgage—owner-occupied4,882 4,799 83 1.7 %
Commercial real estate construction—owner-occupied293 324 (31)(9.6)%
Total commercial54,295 55,191 (896)(1.6)%
Commercial investor real estate mortgage6,646 6,584 62 0.9 %
Commercial investor real estate construction2,235 2,252 (17)(0.8)%
Total investor real estate8,881 8,836 45 0.5 %
Total business 63,176 64,027 (851)(1.3)%
Residential first mortgage20,015 20,190 (175)(0.9)%
Home equity—lines of credit3,152 3,163 (11)(0.3)%
Home equity—closed-end2,365 2,418 (53)(2.2)%
Consumer credit card1,396 1,323 73 5.5 %
Other consumer (1)(2)
5,995 6,230 (235)(3.8)%
Total consumer32,923 33,324 (401)(1.2)%
Total Loans$96,099 $97,351 $(1,252)(1.3)%
_____
(1)Starting in 2025, other consumer loans include exit portfolios, which consists primarily of indirect auto loans, and presentation of prior periods has been conformed accordingly.
(2)    Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $5.1 billion at 6/30/2025, $5.1 billion at 3/31/2025, $5.2 billion at 12/31/2024, $5.2 billion at 9/30/2024 and $5.2 billion at 6/30/2024 (on a quarter-to-date basis); and balances of $5.1 billion at 6/30/2025 and $5.2 billion at 12/31/2024 (on a year-to-date basis).


5
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
End of Period Deposits
 As of
     6/30/20256/30/2025
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024 vs. 3/31/2025 vs. 6/30/2024
Non-interest-bearing deposits$40,209 $40,443 $39,138 $39,698 $40,927 $(234)(0.6)%$(718)(1.8)%
Interest-bearing checking24,704 25,281 25,079 23,704 23,631 (577)(2.3)%1,0734.5%
Savings12,187 12,466 12,022 12,085 12,386 (279)(2.2)%(199)(1.6)%
Money market—domestic38,525 37,289 35,644 35,205 34,438 1,2363.3%4,08711.9%
Time deposits15,294 15,492 15,720 15,684 15,234 (198)(1.3)%600.4%
Total Deposits$130,919 $130,971 $127,603 $126,376 $126,616 $(52)—%$4,3033.4%
 As of
   6/30/20256/30/2025
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024 vs. 3/31/2025 vs. 6/30/2024
Consumer Bank Segment$79,953 $80,627 $78,637 $78,858 $80,126 $(674)(0.8)%$(173)(0.2)%
Corporate Bank Segment40,101 39,696 38,361 36,955 36,529 4051.0%3,5729.8%
Wealth Management Segment7,352 7,798 7,736 7,520 7,383 (446)(5.7)%(31)(0.4)%
Other (1)
3,513 2,850 2,869 3,043 2,578 66323.3%93536.3%
Total Deposits$130,919 $130,971 $127,603 $126,376 $126,616 $(52)—%$4,3033.4%
 As of
    6/30/20256/30/2025
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024 vs. 3/31/2025 vs. 6/30/2024
Wealth Management - Private Wealth$6,433 $6,931 $6,998 $6,676 $6,430 $(498)(7.2)%$3—%
Wealth Management - Institutional Services919 867 738 844 953 526.0%(34)(3.6)%
Total Wealth Management Segment Deposits$7,352 $7,798 $7,736 $7,520 $7,383 $(446)(5.7)%$(31)(0.4)%

As of
End of Period Deposits by Percentage6/30/20253/31/202512/31/20249/30/20246/30/2024
Non-interest-bearing deposits30.7 %30.9 %30.7 %31.4 %32.3 %
Interest-bearing checking18.9 %19.3 %19.7 %18.8 %18.7 %
Savings9.3 %9.5 %9.4 %9.6 %9.8 %
Money market—domestic29.4 %28.5 %27.9 %27.9 %27.2 %
Time deposits11.7 %11.8 %12.3 %12.3 %12.0 %
Total Deposits100.0 %100.0 %100.0 %100.0 %100.0 %
(1)Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, selected deposits and brokered time deposits) and additional wholesale funding arrangements. Other deposits includes brokered deposits totaling $2.8 billion at 6/30/2025, $2.2 billion at 3/31/2025, $2.2 billion at 12/31/2024, $2.3 billion at 9/30/2024 and $1.8 billion at 6/30/2024.










6
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Average Balances of Deposits
Average Balances
($ amounts in millions)2Q251Q254Q243Q242Q242Q25 vs. 1Q252Q25 vs. 2Q24
Non-interest-bearing deposits$39,556 $39,053 $39,424 $39,690 $40,516 $503 1.3 %$(960)(2.4)%
Interest-bearing checking24,865 25,033 24,060 23,599 24,026 (168)(0.7)%839 3.5 %
Savings12,300 12,177 12,020 12,183 12,536 123 1.0 %(236)(1.9)%
Money market—domestic 37,389 35,625 35,264 35,051 34,368 1,764 5.0 %3,021 8.8 %
Time deposits15,334 15,799 15,725 15,427 15,455 (465)(2.9)%(121)(0.8)%
Total Deposits$129,444 $127,687 $126,493 $125,950 $126,901 $1,757 1.4 %2,543 2.0 %
 Average Balances
($ amounts in millions)2Q251Q254Q243Q242Q242Q25 vs. 1Q252Q25 vs. 2Q24
Consumer Bank Segment$79,912 $78,712 $78,476 $78,904 $79,809 $1,200 1.5 %$103 0.1 %
Corporate Bank Segment39,234 38,312 37,426 36,867 36,669 922 2.4 %2,565 7.0 %
Wealth Management Segment7,324 7,600 7,492 7,374 7,534 (276)(3.6)%(210)(2.8)%
Other (1)
2,974 3,063 3,099 2,805 2,889 (89)(2.9)%85 2.9 %
Total Deposits$129,444 $127,687 $126,493 $125,950 $126,901 $1,757 1.4 %$2,543 2.0 %
 Average Balances
($ amounts in millions)2Q251Q254Q243Q242Q242Q25 vs. 1Q252Q25 vs. 2Q24
Wealth Management - Private Wealth$6,705 $6,897 $6,700 $6,557 $6,577 $(192)(2.8)%$128 1.9 %
Wealth Management - Institutional Services619 703 792 817 957 (84)(11.9)%(338)(35.3)%
Total Wealth Management Segment Deposits$7,324 $7,600 $7,492 $7,374 $7,534 $(276)(3.6)%$(210)(2.8)%

Average Balances
Six Months Ended June 30
($ amounts in millions)202520242025 vs. 2024
Interest-free deposits$39,305 $40,721 $(1,416)(3.5)%
Interest-bearing checking24,949 24,354 595 2.4 %
Savings12,239 12,565 (326)(2.6)%
Money market—domestic36,512 34,008 2,504 7.4 %
Time deposits15,565 15,366 199 1.3 %
Total Deposits$128,570 $127,014 $1,556 1.2 %
Average Balances
Six Months Ended June 30
($ amounts in millions)202520242025 vs. 2024
Consumer Bank Segment$79,315 $79,479 $(164)(0.2)%
Corporate Bank Segment38,776 36,867 1,909 5.2 %
Wealth Management Segment7,461 7,650 (189)(2.5)%
Other (1)
3,018 3,018 — — %
Total Deposits$128,570 $127,014 $1,556 1.2 %
Average Balances
Six Months Ended June 30
($ amounts in millions)202520242025 vs. 2024
Wealth Management - Private Wealth$6,800 $6,648 $152 2.3 %
Wealth Management - Institutional Services661 1,002 (341)(34.0)%
Total Wealth Management Segment Deposits$7,461 $7,650 $(189)(2.5)%
(1)Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, selected deposits and brokered time deposits) and additional wholesale funding arrangements.

7
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Consolidated Statements of Income (unaudited)
Quarter Ended
($ amounts in millions, except per share data)6/30/20253/31/202512/31/20249/30/20246/30/2024
Interest income on:
Loans, including fees $1,377 $1,342 $1,416 $1,463 $1,432 
Debt securities286 266 256 241 219 
Loans held for sale9 8 11 11 9 
Other earning assets 112 109 119 105 102 
Total interest income1,784 1,725 1,802 1,820 1,762 
Interest expense on:
Deposits447 442 467 507 502 
Short-term borrowings1 4 16 10 13 
Long-term borrowings77 85 89 85 61 
Total interest expense525 531 572 602 576 
Net interest income 1,259 1,194 1,230 1,218 1,186 
Provision for credit losses126 124 120 113 102 
Net interest income after provision for credit losses1,133 1,070 1,110 1,105 1,084 
Non-interest income:
Service charges on deposit accounts151 161 155 158 151 
Card and ATM fees125 117 113 118 120 
Wealth management income133 129 126 128 122 
Capital markets income83 80 97 92 68 
Mortgage income48 40 35 36 34 
Securities gains (losses), net(1)(25)(30)(78)(50)
Other107 88 89 118 100 
Total non-interest income646 590 585 572 545 
Non-interest expense:
Salaries and employee benefits658 625 617 645 609 
Equipment and software expense104 99 104 101 100 
Net occupancy expense72 70 67 69 68 
Other239 245 250 254 227 
Total non-interest expense1,073 1,039 1,038 1,069 1,004 
Income before income taxes706 621 657 608 625 
Income tax expense 143 131 123 118 124 
Net income $563 $490 $534 $490 $501 
Net income available to common shareholders$534 $465 $508 $446 $477 
Weighted-average shares outstanding—during quarter:
Basic898 906 911 914 917 
Diluted900 910 915 918 918 
Actual shares outstanding—end of quarter894 899 909 911 915 
Earnings per common share: (1)
Basic$0.59 $0.51 $0.56 $0.49 $0.52 
Diluted$0.59 $0.51 $0.56 $0.49 $0.52 
Taxable-equivalent net interest income$1,271 $1,206 $1,243 $1,230 $1,198 
________
(1) Quarterly amounts may not add to year-to-date amounts due to rounding.




8
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Consolidated Statements of Income (continued) (unaudited)
Six Months Ended June 30
($ amounts in millions, except per share data)20252024
Interest income on:
Loans, including fees$2,719 $2,853 
Debt securities552 428 
Loans held for sale17 17 
Other earning assets 221 188 
Total interest income3,509 3,486 
Interest expense on:
Deposits889 997 
Short-term borrowings5 14 
Long-term borrowings162 105 
Total interest expense1,056 1,116 
Net interest income2,453 2,370 
Provision for credit losses250 254 
Net interest income after provision for credit losses2,203 2,116 
Non-interest income:
Service charges on deposit accounts312 299 
Card and ATM fees242 236 
Wealth management income 262 241 
Capital markets income163 159 
Mortgage income88 75 
Securities gains (losses), net(26)(100)
Other195 198 
Total non-interest income1,236 1,108 
Non-interest expense:
Salaries and employee benefits1,283 1,267 
Equipment and software expense203 201 
Net occupancy expense142 142 
Other484 525 
Total non-interest expense2,112 2,135 
Income before income taxes1,327 1,089 
Income tax expense 274 220 
Net income $1,053 $869 
Net income available to common shareholders$999 $820 
Weighted-average shares outstanding—during year:
Basic902 919 
Diluted905 920 
Actual shares outstanding—end of period894 915 
Earnings per common share:
Basic$1.11 $0.89 
Diluted$1.10 $0.89 
Taxable-equivalent net interest income$2,477 $2,395 

9
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis
 Quarter Ended
 6/30/20253/31/2025
($ amounts in millions; yields on taxable-equivalent basis)Average BalanceIncome/ Expense
Yield/ Rate (1)
Average BalanceIncome/ Expense
Yield/ Rate (1)
Assets
Earning assets:
Federal funds sold and securities purchased under agreements to resell$1 $— 4.44 %$1 $— 4.44 %
Debt securities (2)(3)
32,882 286 3.48 32,280 266 3.30 
Loans held for sale500 9 7.14 441 8 7.27 
Loans, net of unearned income:
Commercial and industrial (4)
49,033 708 5.72 49,209 687 5.58 
Commercial real estate mortgage—owner-occupied (5)
4,900 63 5.02 4,863 59 4.87 
Commercial real estate construction—owner-occupied270 4 5.75 317 5 5.78 
Commercial investor real estate mortgage6,805 113 6.55 6,484 100 6.17 
Commercial investor real estate construction2,204 40 7.10 2,267 40 7.06 
Residential first mortgage19,992 200 3.99 20,037 198 3.96 
Home equity5,525 90 6.51 5,509 91 6.63 
Consumer credit card1,397 50 14.24 1,394 50 14.55 
Other consumer5,951 121 8.33 6,042 124 8.27 
Total loans, net of unearned income96,077 1,389 5.75 96,122 1,354 5.64 
Interest-bearing deposits in other banks8,737 97 4.49 8,537 94 4.45 
Other earning assets1,466 15 3.96 1,483 15 4.19 
Total earning assets 139,663 1,796 5.12 138,864 1,737 5.01 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(1,348)(1,716)
Allowance for loan losses(1,643)(1,625)
Cash and due from banks2,893 2,957 
Other non-earning assets18,409 18,396 
$157,974 $156,876 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $12,300 4 0.13 $12,177 4 0.13 
Interest-bearing checking24,865 88 1.41 25,033 89 1.44 
Money market 37,389 220 2.37 35,625 204 2.32 
Time deposits15,334 135 3.52 15,799 145 3.73 
Total interest-bearing deposits (6)
89,888 447 1.99 88,634 442 2.02 
Federal funds purchased and securities sold under agreements to repurchase80 1 4.40 39 — 4.39 
Short-term borrowings— — — 339 4 4.57 
Long-term borrowings5,660 77 5.36 6,001 85 5.65 
Total interest-bearing liabilities95,628 525 2.20 95,013 531 2.27 
Non-interest-bearing deposits (6)
39,556 — — 39,053 — — 
Total funding sources135,184 525 1.55 134,066 531 1.60 
Net interest spread (2)
2.92 2.75 
Other liabilities4,403 4,652 
Shareholders’ equity18,350 18,127 
Noncontrolling interest37 31 
$157,974 $156,876 
Net interest income/margin FTE basis (2)
$1,271 3.65 %$1,206 3.52 %
_______
(1) Amounts have been calculated using whole dollar values and the prevailing interest accrual methodology.
(2) Debt securities are included on an amortized cost basis with yield and net interest margin calculated accordingly.
(3) Interest income includes hedging income of $6 million for the quarter ended June 30, 2025 and $2 million for the quarter ended March 31, 2025.
(4) Interest income includes hedging expense of $53 million for the quarter ended June 30, 2025 and $60 million for the quarter ended March 31, 2025.
(5) Interest income includes hedging expense of $7 million for the quarter ended June 30, 2025 and $7 million for the quarter ended March 31, 2025.
(6) Total deposit costs may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest-bearing deposits. The rates for total deposit costs equal 1.39% for the quarter ended June 30, 2025 and 1.40% for the quarter ended March 31, 2025.


10
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis (continued)
 Quarter Ended
 12/31/20249/30/20246/30/2024
($ amounts in millions; yields on taxable-equivalent basis)Average BalanceIncome/ Expense
Yield/ Rate (1)
Average BalanceIncome/ Expense
Yield/ Rate (1)
Average BalanceIncome/ Expense
Yield/ Rate (1)
Assets
Earning assets:
Federal funds sold and securities purchased under agreements to resell$1 $— 4.82 %$1 $— 5.44 %$1 $— 5.44 %
Debt securities (2)(3)
32,553 256 3.16 32,252 241 2.98 31,649 219 2.77 
Loans held for sale766 11 5.63 642 11 6.56 531 9 6.85 
Loans, net of unearned income:
Commercial and industrial (4)
49,357 746 5.99 49,847 773 6.14 50,046 756 6.04 
Commercial real estate mortgage—owner-occupied (5)
4,869 61 4.90 4,877 60 4.80 4,765 56 4.59 
Commercial real estate construction—owner-occupied343 5 6.03 335 6 6.29 350 6 6.52 
Commercial investor real estate mortgage6,491 105 6.35 6,495 119 7.16 6,610 119 7.11 
Commercial investor real estate construction2,165 41 7.40 2,264 46 7.94 2,229 45 7.96 
Residential first mortgage20,107 199 3.95 20,147 196 3.90 20,191 191 3.79 
Home equity5,527 94 6.78 5,530 96 6.96 5,557 95 6.87 
Consumer credit card1,398 50 14.37 1,359 51 14.82 1,331 48 14.62 
Other consumer6,151 128 8.18 6,186 128 8.27 6,202 128 8.30 
Total loans, net of unearned income 96,408 1,429 5.87 97,040 1,475 6.02 97,281 1,444 5.93 
Interest-bearing deposits in other banks7,978 98 4.84 6,682 92 5.52 6,158 86 5.65 
Other earning assets1,510 21 5.54 1,456 13 3.58 1,447 16 4.43 
Total earning assets
139,216 1,815 5.17 138,073 1,832 5.26 137,067 1,774 5.17 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(1,945)(2,213)(3,267)
Allowance for loan losses(1,621)(1,629)(1,619)
Cash and due from banks2,826 2,822 2,678 
Other non-earning assets18,032 17,614 18,008 
$156,508 $154,667 $152,867 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $12,020 3 0.11 $12,183 4 0.13 $12,536 4 0.13 
Interest-bearing checking24,060 92 1.52 23,599 98 1.64 24,026 99 1.68 
Money market 35,264 217 2.45 35,051 247 2.80 34,368 239 2.79 
Time deposits15,725 155 3.92 15,427 158 4.09 15,455 160 4.16 
Total interest-bearing deposits (6)
87,069 467 2.13 86,260 507 2.34 86,385 502 2.34 
Federal funds purchased and securities sold under agreements to repurchase24 — 4.60 22 — 4.40 8 — 5.45 
Short-term borrowings1,207 16 4.93 641 10 5.42 962 13 5.49 
Long-term borrowings6,025 89 5.80 5,351 85 6.28 3,595 61 6.73 
Total interest-bearing liabilities 94,325 572 2.41 92,274 602 2.59 90,950 576 2.55 
Non-interest-bearing deposits (6)
39,424 — — 39,690 — — 40,516 — — 
Total funding sources133,749 572 1.70 131,964 602 1.81 131,466 576 1.76 
Net interest spread (2)
2.76 2.67 2.62 
Other liabilities4,672 4,623 4,655 
Shareholders’ equity18,042 18,047 16,713 
Noncontrolling interest45 33 33 
$156,508 $154,667 $152,867 
Net interest income/margin FTE basis (2)
$1,243 3.55 %$1,230 3.54 %$1,198 3.51 %
_______
(1) Amounts have been calculated using whole dollar values and the prevailing interest accrual methodology.
(2) Debt securities are included on an amortized cost basis with yield and net interest margin calculated accordingly.
(3)    Interest income includes hedge income of zero for the quarter ended December 31, 2024, $3 million for the quarter ended September 30, 2024, and $2 million for the quarter ended June 30, 2024.
(4) Interest income includes hedging expense of $69 million for the quarter ended December 31, 2024, $98 million for the quarter ended September 30, 2024 and $103 million for the quarter ended June 30, 2024.
(5) Interest income includes hedging expense of $8 million for the quarter ended December 31, 2024, $12 million for the quarter ended September 30, 2024 and $13 million for the quarter ended June 30, 2024.
(6) Total deposit costs may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest-bearing deposits. The rates for total deposit costs equal 1.47% for the quarter ended December 31, 2024, 1.60% for the quarter ended September 30, 2024 and 1.59% for the quarter ended June 30, 2024.



11
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Pre-Tax Pre-Provision Income ("PPI") (non-GAAP) and Adjusted PPI (non-GAAP)
The Pre-Tax Pre-Provision Income tables below present computations of pre-tax pre-provision income excluding certain adjustments (non-GAAP). Regions believes that the presentation of PPI and the exclusion of certain items from PPI provides a meaningful basis for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations.
 Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Net income available to common shareholders (GAAP)$534 $465 $508 $446 $477 $69 14.8 %$57 11.9 %
Preferred dividends and other (GAAP) (1)
29 25 26 44 24 4 16.0 %5 20.8 %
Income tax expense (GAAP)143 131 123 118 124 12 9.2 %19 15.3 %
Income before income taxes (GAAP)706 621 657 608 625 85 13.7 %81 13.0 %
Provision for credit losses (GAAP)126 124 120 113 102 2 1.6 %24 23.5 %
Pre-tax pre-provision income (non-GAAP)832 745 777 721 727 87 11.7 %105 14.4 %
Other adjustments:
Securities (gains) losses, net— 25 30 78 50 (25)(100.0)%(50)(100.0)%
FDIC insurance special assessment(1)1 (2)(4)4 (2)(200.0)%(5)(125.0)%
Salaries and employee benefits—severance charges1 1 10 3 4 — — %(3)(75.0)%
Branch consolidation, property and equipment charges— — 1 — 1 — NM(1)(100.0)%
Other miscellaneous expenses (2)
— — — — (37)— NM37 (100.0)%
Professional, legal and regulatory expenses— 2 — 1 — (2)(100.0)%— NM
Total other adjustments— 29 39 78 22 (29)(100.0)%(22)(100.0)%
Adjusted pre-tax pre-provision income (non-GAAP)$832 $774 $816 $799 $749 $58 7.5 %$83 11.1 %
______
NM - Not meaningful
(1) The second quarter 2025 amount includes $4 million of deferred issuance costs recognized upon the redemption of Series D preferred stock. The third quarter 2024 amount includes $15      million of deferred issuance costs recognized upon the redemption of Series B preferred stock.
(2) In the second quarter of 2024, the Company had a contingent reserve release related to a previous acquisition.





12
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Non-Interest Income
 Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Service charges on deposit accounts$151 $161 $155 $158 $151 $(10)(6.2)%$— — %
Card and ATM fees125 117 113 118 120 8 6.8 %5 4.2 %
Wealth management income133 129 126 128 122 4 3.1 %11 9.0 %
Capital markets income (1)
83 80 97 92 68 3 3.8 %15 22.1 %
Mortgage income48 40 35 36 34 8 20.0 %14 41.2 %
Commercial credit fee income 29 27 28 28 28 2 7.4 %1 3.6 %
Bank-owned life insurance24 23 21 28 30 1 4.3 %(6)(20.0)%
Market value adjustments on employee benefit assets (2)
16 (3)(5)13 2 19 NM14 NM
Securities gains (losses), net(1)(25)(30)(78)(50)24 96.0 %49 98.0 %
Other miscellaneous income38 41 45 49 40 (3)(7.3)%(2)(5.0)%
Total non-interest income$646 $590 $585 $572 $545 $56 9.5 %$101 18.5 %
Service Charges on Deposit Accounts by Segment
Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Consumer Bank Segment (3)
$90 $96 $98 $100 $95 $(6)(6.3)%$(5)(5.3)%
Corporate Bank Segment (4)
60 64 56 58 54 (4)(6.3)%6 11.1 %
Wealth Management Segment1 1 1 — 1 — — %— — %
Other— — — — 1 — NM(1)(100.0)%
Total service charges on deposit accounts$151 $161 $155 $158 $151 $(10)(6.2)%$— — %
Wealth Management Income
Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Investment management and trust fee income$90 $86 $89 $85 $83 $4 4.7 %$7 8.4 %
Investment services fee income43 43 37 43 39 — — %4 10.3 %
Total wealth management income (5)
$133 $129 $126 $128 $122 $4 3.1 %$11 9.0 %
Capital Markets Income
Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Capital markets income$83 $80 $97 $92 $68 $3 3.8 %$15 22.1 %
Less: Valuation adjustments on customer derivatives (6)
(2)(1)(1)(1)(2)(1)(100.0)%— — %
Capital markets income excluding valuation adjustments $85 $81 $98 $93 $70 $4 4.9 %$15 21.4 %
Mortgage Income
Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Production and sales$17 $13 $14 $16 $16 $4 30.8 %$1 6.3 %
Loan servicing47 47 48 53 46 — — %1 2.2 %
MSR and related hedge impact:
MSRs fair value increase (decrease) due to change in valuation inputs or assumptions16 (10)56 (28)13 26 260.0 %3 23.1 %
MSRs hedge gain (loss)(4)18 (53)28 (10)(22)(122.2)%6 60.0 %
MSRs change due to payment decay(28)(28)(30)(33)(31)— — %3 9.7 %
MSR and related hedge impact(16)(20)(27)(33)(28)4 20.0 %12 42.9 %
Total mortgage income$48 $40 $35 $36 $34 $8 20.0 %$14 41.2 %
Mortgage production - portfolio$531 $355 $413 $468 $528 $176 49.6 %$3 0.6 %
Mortgage production - agency/secondary market587 371 462 548 514 216 58.2 %73 14.2 %
Total mortgage production$1,118 $726 $875 $1,016 $1,042 $392 54.0 %$76 7.3 %
Mortgage production - purchased82.5 %82.9 %82.3 %85.5 %90.7 %
Mortgage production - refinanced17.5 %17.1 %17.7 %14.5 %9.3 %
_________
NM - Not Meaningful
(1)Capital markets income primarily relates to capital raising activities that includes debt securities underwriting and placement, loan syndication and placement, as well as foreign exchange, derivative and merger and acquisition advisory services.
(2)These market value adjustments relate to assets held for employee and director benefits that are offset within salaries and employee benefits expense and other non-interest expense.
(3)Consumer overdraft fees represent approximately half of these amounts each quarter.
(4)The majority of these amounts relate to Treasury Management (TM) activities and typically represent approximately two-thirds of total TM revenue each quarter.
(5)Total wealth management income does not include certain smaller dollar amounts that are attributable to the wealth management segment.
(6)For the purposes of determining the fair value of customer derivatives, the Company considers the risk of nonperformance by counterparties, as well as the Company's own risk of nonperformance. The valuation adjustments above are reflective of the values associated with these considerations.

13
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Non-Interest Income
($ amounts in millions)Six Months EndedYear-to-Date Change 6/30/2025 vs. 6/30/2024
6/30/20256/30/2024AmountPercent
Service charges on deposit accounts$312 $299 $13 4.3 %
Card and ATM fees242 236 6 2.5 %
Wealth management income262 241 21 8.7 %
Capital markets income (1)
163 159 4 2.5 %
Mortgage income88 75 13 17.3 %
Commercial credit fee income 56 55 1 1.8 %
Bank-owned life insurance47 53 (6)(11.3)%
Market value adjustments on employee benefit assets (2)
13 17 (4)(23.5)%
Securities gains (losses), net(26)(100)74 74.0 %
Other miscellaneous income79 73 6 8.2 %
Total non-interest income$1,236 $1,108 $128 11.6 %
Service Charges on Deposit Accounts by Segment
Six Months EndedYear-to-Date Change 6/30/2025 vs. 6/30/2024
($ amounts in millions)6/30/20256/30/2024AmountPercent
Consumer Bank Segment (3)
$186 $187 $(1)(0.5)%
Corporate Bank Segment (4)
124 109 15 13.8 %
Wealth Management Segment2 2 — — %
Other— 1 (1)(100.0)%
Total service charges on deposit accounts$312 $299 $13 4.3 %
Wealth Management Income
Six Months EndedYear-to-Date Change 6/30/2025 vs. 6/30/2024
($ amounts in millions)6/30/20256/30/2024AmountPercent
Investment management and trust fee income$176 $164 $12 7.3 %
Investment services fee income86 77 9 11.7 %
Total wealth management income (5)
$262 $241 $21 8.7 %
Capital Markets Income
Six Months EndedYear-to-Date Change 6/30/2025 vs. 6/30/2024
($ amounts in millions)6/30/20256/30/2024AmountPercent
Capital markets income$163 $159 $4 2.5 %
Less: Valuation adjustments on customer derivatives (6)
(3)(4)1 25.0 %
Capital markets income excluding valuation adjustments $166 $163 $3 1.8 %
Mortgage Income
Six Months EndedYear-to-Date Change 6/30/2025 vs. 6/30/2024
($ amounts in millions)6/30/20256/30/2024AmountPercent
Production and sales$30 $40 $(10)(25.0)%
Loan servicing94 90 4 4.4 %
MSR and related hedge impact:
MSRs fair value increase (decrease) due to change in valuation inputs or assumptions6 32 (26)(81.3)%
MSRs hedge gain (loss)14 (27)41 151.9 %
MSRs change due to payment decay(56)(60)4 6.7 %
MSR and related hedge impact(36)(55)19 34.5 %
Total mortgage income$88 $75 $13 17.3 %
Mortgage production - portfolio$886 $882 $4 0.5 %
Mortgage production - agency/secondary market958 913 45 4.9 %
Total mortgage production $1,844 $1,795 $49 2.7 %
Mortgage production - purchased82.7 %90.4 %
Mortgage production - refinanced17.3 %9.6 %
_________
NM - Not Meaningful
(1)Capital markets income primarily relates to capital raising activities that includes debt securities underwriting and placement, loan syndication and placement, as well as foreign exchange, derivative and merger and acquisition advisory services.
(2)These market value adjustments relate to assets held for employee and director benefits that are offset within salaries and employee benefits expense and other non-interest expense.
(3)Consumer overdraft fees typically represent approximately half of these amounts each reporting period.
(4)The majority of these amounts relate to Treasury Management (TM), and typically represent approximately two-thirds of Regions' total TM revenue each reporting period.
(5)Total wealth management income does not include certain smaller dollar amounts that are attributable to the wealth management segment.
(6)For the purposes of determining the fair value of customer derivatives, the Company considers the risk of nonperformance by counterparties, as well as the Company's own risk of nonperformance. The valuation adjustments above are reflective of the values associated with these considerations.

14
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Non-Interest Expense
Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Salaries and employee benefits$658 $625 $617 $645 $609 $33 5.3 %$49 8.0 %
Equipment and software expense104 99 104 101 100 5 5.1 %4 4.0 %
Net occupancy expense72 70 67 69 68 2 2.9 %4 5.9 %
Outside services39 40 42 41 40 (1)(2.5)%(1)(2.5)%
Marketing26 30 28 28 27 (4)(13.3)%(1)(3.7)%
Professional, legal and regulatory expenses 28 23 20 21 25 5 21.7 %3 12.0 %
Credit/checkcard expenses16 15 16 14 15 1 6.7 %1 6.7 %
FDIC insurance assessments 20 20 20 17 29 — — %(9)(31.0)%
Visa class B shares expense4 7 6 17 5 (3)(42.9)%(1)(20.0)%
Operational losses 13 13 16 19 18 — — %(5)(27.8)%
Branch consolidation, property and equipment charges — — 1 — 1 — — %(1)(100.0)%
Other miscellaneous expenses93 97 101 97 67 (4)(4.1)%26 38.8 %
Total non-interest expense$1,073 $1,039 $1,038 $1,069 $1,004 $34 3.3 %$69 6.9 %

Salaries and Benefits Expense
Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Salaries and employee benefits$658 $625 $617 $645 $609 $33 5.3 %$49 8.0 %
Less: Market value adjustments on 401(k) liabilities (1)
16 (1)(1)12 4 17NM12300 %
Salaries and employee benefits less market value adjustments on employee benefits liabilities$642 $626 $618 $633 $605 $16 2.6 %$37 6.1 %

Six Months EndedYear-to-Date Change 6/30/2025 vs. 6/30/2024
($ amounts in millions)6/30/20256/30/2024AmountPercent
Salaries and employee benefits $1,283 $1,267 $16 1.3 %
Equipment and software expense203 201 2 1.0 %
Net occupancy expense142 142 — — %
Outside services79 79 — — %
Marketing56 54 2 3.7 %
Professional, legal and regulatory expenses 51 53 (2)(3.8)%
Credit/checkcard expenses31 29 2 6.9 %
FDIC insurance assessments 40 72 (32)(44.4)%
Visa class B shares expense11 9 2 22.2 %
Operational losses26 60 (34)(56.7)%
Branch consolidation, property and equipment charges — 2 (2)(100.0)%
Other miscellaneous expenses190 167 23 13.8 %
Total non-interest expense$2,112 $2,135 $(23)(1.1)%

Salaries and Benefits Expense
Six Months EndedYear-to-Date Change 6/30/2025 vs. 6/30/2024
($ amounts in millions)6/30/20256/30/2024AmountPercent
Salaries and employee benefits$1,283 $1,267 $16 1.3 %
Less: Market value adjustments on 401(k) liabilities (1)
15 22 (7)(31.8)%
Salaries and employee benefits less market value adjustments on employee benefits liabilities$1,268 $1,245 $23 1.8 %
_________
NM - Not Meaningful
(1) The Company holds assets in order to offset the market value adjustments on 401(k) liabilities and the market value adjustments on those assets are recorded in non-interest income.
15
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures
Adjusted Efficiency Ratios, Adjusted Fee Income Ratios, Adjusted Non-Interest Income/Expense, Adjusted Operating Leverage Ratios, and Adjusted Total Revenue
The table below presents computations of the efficiency ratio, which is a measure of productivity, generally calculated as non-interest expense divided by total revenue; and the fee income ratio, generally calculated as non-interest income divided by total revenue. Management uses these ratios to monitor performance and believes these measures provide meaningful information to investors. Non-interest expense (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest expense (non-GAAP), which is the numerator for the adjusted efficiency ratio. Non-interest income (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest income (non-GAAP), which is the numerator for the adjusted fee income ratio. Net interest income and non-interest income are added together to arrive at total revenue. Adjustments are made to arrive at adjusted total revenue (non-GAAP). Net interest income on a taxable-equivalent basis and non-interest income are added together to arrive at total revenue on a taxable-equivalent basis (GAAP). Adjustments are made to arrive at adjusted total revenue on a taxable-equivalent basis (non-GAAP), which is the denominator for the adjusted fee income and adjusted efficiency ratios. Also presented is a computation of the adjusted operating leverage ratio (non-GAAP), which is the period- to-period percentage change in adjusted total revenue on a taxable-equivalent basis (non-GAAP) less the percentage change in adjusted non-interest expense (non-GAAP).
 Quarter Ended
($ amounts in millions) 6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Non-interest expense (GAAP)A$1,073 $1,039 $1,038 $1,069 $1,004 $34 3.3 %$69 6.9 %
Adjustments:
FDIC insurance special assessment 1 (1)2 4 (4)2 200.0 %5 125.0 %
Branch consolidation, property and equipment charges — — (1)— (1)— NM1 100.0 %
Salaries and employee benefits—severance charges(1)(1)(10)(3)(4)— — %3 75.0 %
Professional, legal and regulatory expenses— (2)— (1)— 2 100.0 %— NM
Other miscellaneous expenses (1)
— — — — 37 — NM(37)(100.0)%
Adjusted non-interest expense (non-GAAP)B$1,073 $1,035 $1,029 $1,069 $1,032 $38 3.7 %$41 4.0 %
Net interest income (GAAP)C$1,259 $1,194 $1,230 $1,218 $1,186 $65 5.4 %$73 6.2 %
Taxable-equivalent adjustment12 12 13 12 12 — — %— — %
Net interest income, taxable-equivalent basis (GAAP)D$1,271 $1,206 $1,243 $1,230 $1,198 $65 5.4 %$73 6.1 %
Non-interest income (GAAP)E$646 $590 $585 $572 $545 $56 9.5 %$101 18.5 %
Adjustments:
Securities (gains) losses, net— 25 30 78 50 (25)(100.0)%(50)(100.0)%
Adjusted non-interest income (non-GAAP)F$646 $615 $615 $650 $595 $31 5.0 %$51 8.6 %
Total revenue (GAAP)C+E=G$1,905 $1,784 $1,815 $1,790 $1,731 $121 6.8 %$174 10.1 %
Adjusted total revenue (non-GAAP)C+F=H$1,905 $1,809 $1,845 $1,868 $1,781 $96 5.3 %$124 7.0 %
Total revenue, taxable-equivalent basis (GAAP)D+E=I$1,917 $1,796 $1,828 $1,802 $1,743 $121 6.7 %$174 10.0 %
Adjusted total revenue, taxable-equivalent basis (non-GAAP)D+F=J$1,917 $1,821 $1,858 $1,880 $1,793 $96 5.3 %$124 6.9 %
Operating leverage ratio (GAAP) (2)
I-A3.5 %3.1 %
Adjusted operating leverage ratio (non-GAAP) (2)
J-B1.5 %3.0 %
Efficiency ratio (GAAP) (2)
A/I56.0 %57.9 %56.8 %59.3 %57.6 %
Adjusted efficiency ratio (non-GAAP) (2)
B/J56.0 %56.8 %55.4 %56.9 %57.6 %
Fee income ratio (GAAP) (2)
E/I33.7 %32.9 %32.0 %31.7 %31.3 %
Adjusted fee income ratio (non-GAAP) (2)
F/J33.7 %33.8 %33.1 %34.6 %33.2 %
________
NM - Not Meaningful
(1) In the second quarter of 2024, the Company had a contingent reserve release related to a previous acquisition.
(2) Amounts have been calculated using whole dollar values.






16
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release

Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures
Adjusted Efficiency Ratios, Adjusted Fee Income Ratios, Adjusted Non-Interest Income/Expense, Adjusted Operating Leverage Ratios, and Adjusted Total Revenue (continued)
Six Months Ended June 30
($ amounts in millions)202520242025 vs. 2024
Non-interest expense (GAAP)A$2,112 $2,135 $(23)(1.1)%
Adjustments:
FDIC insurance special assessment— (22)22 100.0 %
Branch consolidation, property and equipment charges— (2)2 100.0 %
Salaries and employee benefits—severance charges(2)(17)15 88.2 %
Professional, legal and regulatory expenses (2)(2)— — %
Other miscellaneous expenses (1)
— 37 (37)(100.0)%
Adjusted non-interest expense (non-GAAP)B$2,108 $2,129 $(21)(1.0)%
Net interest income (GAAP) C$2,453 $2,370 $83 3.5 %
Taxable-equivalent adjustment24 25 (1)(4.0)%
Net interest income, taxable-equivalent basisD$2,477 $2,395 $82 3.4 %
Non-interest income (GAAP)E$1,236 $1,108 $128 11.6 %
Adjustments:
Securities (gains) losses, net25 100 (75)75.0 %
Adjusted non-interest income (non-GAAP)F$1,261 $1,208 $53 4.4 %
Total revenue (GAAP)C+E= G$3,689 $3,478 $211 6.1 %
Adjusted total revenue (non-GAAP)C+F=H$3,714 $3,578 $136 3.8 %
Total revenue, taxable-equivalent basis (GAAP)D+E=I$3,713 $3,503 $210 6.0 %
Adjusted total revenue, taxable-equivalent basis (non-GAAP)D+F=J$3,738 $3,603 $135 3.7 %
Operating leverage ratio (GAAP) (2)
I-A7.1 %
Adjusted operating leverage ratio (non-GAAP) (2)
J-B4.8 %
Efficiency ratio (GAAP) (2)
A/I56.9 %60.9 %
Adjusted efficiency ratio (non-GAAP) (2)
B/J56.4 %59.1 %
Fee income ratio (GAAP) (2)
E/I33.3 %31.6 %
Adjusted fee income ratio (non-GAAP) (2)
F/J33.7 %33.5 %
______
NM - Not Meaningful
(1) In the second quarter of 2024, the Company had a contingent reserve release related to a previous acquisition.
(2)Amounts have been calculated using whole dollar values.





17
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures
Adjusted Net Income Available to Common Shareholders, Adjusted Diluted EPS, and Return Ratios
The table below provides a reconciliation of net income available to common shareholders (GAAP) to adjusted net income available to common shareholders (non-GAAP), a computation of adjusted diluted EPS (non-GAAP), and calculations of “average tangible common shareholders’ equity” (non-GAAP) and related ratios. Net income available to common shareholders (GAAP) is presented excluding certain adjustments, net of tax, to arrive at adjusted net income available to common shareholders (non-GAAP), which is the numerator for adjusted diluted EPS (non-GAAP). Management uses these ratios to monitor performance and believes these measures provide meaningful information to investors. Average tangible common shareholders’ equity ratios have become a focus of some investors and management believes they may assist investors in analyzing the capital position of the Company absent the effects of intangible assets and preferred stock. Analysts and banking regulators have assessed Regions’ capital adequacy using the average tangible common shareholders’ equity measure. Because average tangible common shareholders’ equity is not formally defined by GAAP or prescribed in any amount by federal banking regulations it is currently considered to be a non-GAAP financial measure and other entities may calculate it differently than Regions’ disclosed calculations. In calculating return on average tangible common shareholders' equity ratios, Regions makes adjustments to shareholders' equity including average intangible assets and related deferred taxes, and average preferred stock. Regions also presents an adjusted tangible common shareholder ratio using adjusted net income (non-GAAP) as the numerator. Management uses these metrics to monitor performance and believes these measures provide meaningful information to investors.
Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/20242Q25 vs. 1Q252Q25 vs. 2Q24
Net income available to common shareholders (GAAP)A$534 $465 $508 $446 $477 $69 14.8 %$57 11.9 %
Adjustments:
Securities (gains) losses, net— 25 30 78 50 (25)(100.0)%(50)(100.0)%
FDIC insurance special assessment(1)1 (2)(4)4 (2)(200.0)%(5)(125.0)%
Salaries and employee benefits—severance charges1 1 10 3 4 — — %(3)(75.0)%
Branch consolidation, property and equipment charges— — 1 — 1 — NM(1)(100.0)%
Other miscellaneous expenses (1)
— — — — (37)— NM37 100.0 %
Professional, legal and regulatory expenses— 2 — 1 — (2)(100.0)%— NM
Preferred stock redemption expense (2)
4 — — 15 — 4 NM4 NM
Total adjustments4 29 39 93 22 $(25)(86.2)%$(18)(81.8)%
Tax impact of adjusted items (3)
— (7)(9)(19)(11)7 100.0 %11 100.0 %
Adjusted net income available to common shareholders (non-GAAP)B$538 $487 $538 $520 $488 $51 10.5 %$50 10.2 %
Weighted-average diluted sharesC900 910 915 918 918 
Diluted EPS (GAAP) (4)
A/C$0.59 $0.51 $0.56 $0.49 $0.52 $0.08 15.7 %$0.07 13.5 %
Adjusted diluted EPS (non-GAAP) (4)
B/C$0.60 $0.54 $0.59 $0.57 $0.53 $0.06 11.1 %$0.07 13.2 %
Average shareholders' equity (GAAP)18,350 18,127 18,042 18,047 16,713 223 1.2 %1,637 9.8 %
Less: Average preferred stock (GAAP)1,513 1,715 1,715 1,741 1,659 (202)(11.8)%(146)(8.8)%
Average common shareholders' equity (GAAP)D16,837 16,412 16,327 16,306 15,054 425 2.6 %1,783 11.8 %
Less:
  Average intangible assets (GAAP)5,891 5,899 5,907 5,916 5,925 (8)(0.1)%(34)(0.6)%
  Average deferred tax liability related to intangibles (GAAP)(126)(126)(123)(120)(115)— — %(11)(9.6)%
Average tangible common shareholders' equity (non-GAAP)E$11,072 $10,639 $10,543 $10,510 $9,244 433 4.1 %1,828 19.8 %
Return on average common shareholders' equity (GAAP) (4)*
A/D12.72 %11.49 %12.39 %10.88 %12.74 %
Return on average tangible common shareholders' equity (non-GAAP) (4)*
A/E19.34 %17.72 %19.19 %16.87 %20.75 %
Adjusted return on average tangible common shareholders' equity (non-GAAP) (4)*
B/E19.48 %18.58 %20.30 %19.68 %21.23 %
_______
*Annualized
(1) A portion of this item was non-taxable.
(2) In the second quarter of 2025 and the third quarter of 2024, the Company redeemed its Series D preferred stock and Series B preferred stock, respectively. The initial issuance costs reduced net income to common shareholders when the shares were redeemed. This is a non-taxable expense.
(3) Unless separately noted, the tax impact for adjustments has been calculated at using a nominal tax rate of 25 percent.
(4) Amounts calculated based upon whole dollar values.
18
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures
Tangible Common Ratios
The following table provides a reconciliation of shareholders’ equity (GAAP) to tangible common shareholders’ equity (non-GAAP) and the calculations of the end of period “tangible common shareholders’ equity to tangible assets” and "tangible common book value per share" ratios (non-GAAP). Since analysts and banking regulators may assess Regions’ capital adequacy using tangible common shareholders' equity, management believes that it is useful to provide investors the ability to assess Regions’ capital adequacy on this same basis.
As of and for Quarter Ended
($ amounts in millions, except per share data)6/30/20253/31/202512/31/20249/30/20246/30/2024
TANGIBLE COMMON RATIOS
Shareholders’ equity (GAAP)A$18,666 $18,530 $17,879 $18,676 $17,169 
Less: Preferred stock (GAAP)1,369 1,715 1,715 1,715 1,659 
Common shareholders' equity (GAAP)B17,297 16,815 16,164 16,961 15,510 
Less:
Intangible assets (GAAP)5,886 5,894 5,902 5,911 5,920 
Deferred tax liability related to intangibles (GAAP)(130)(126)(126)(122)(119)
Tangible common shareholders’ equity (non-GAAP)C$11,541 $11,047 $10,388 $11,172 $9,709 
Total assets (GAAP)D$159,206 $159,846 $157,302 $157,426 $154,052 
Less:
Intangible assets (GAAP)5,886 5,894 5,902 5,911 5,920 
Deferred tax liability related to intangibles (GAAP)(130)(126)(126)(122)(119)
Tangible assets (non-GAAP)E$153,450 $154,078 $151,526 $151,637 $148,251 
Shares outstanding—end of quarterF894 899 909 911 915 
Total equity to total assets (GAAP) (1)
A/D11.72 %11.59 %11.37 %11.86 %11.14 %
Tangible common shareholders’ equity to tangible assets (non-GAAP) (1)
C/E7.52 %7.17 %6.86 %7.37 %6.55 %
Common book value per share (GAAP) (1)
B/F$19.35 $18.70 $17.77 $18.62 $16.94 
Tangible common book value per share (non-GAAP) (1)
C/F$12.91 $12.29 $11.42 $12.26 $10.61 
____
(1)Amounts have been calculated using whole dollar values.


Common equity Tier 1 (CET1) Ratios

The following table presents CET1 and adjusted CET1 (non-GAAP). CET1 is a capital adequacy measure established by federal banking regulators under the Basel III framework. Banking institutions that meet requirements under the regulations are required to maintain certain minimum capital requirements, including a minimum CET1 ratio. This measure is utilized by analysts and banking regulators to assess Regions’ capital adequacy. Under the framework, Regions elected to remove certain of the effects of AOCI in the calculation of CET1. Adjustments to the calculation prescribed in federal banking regulations are considered to be non-GAAP financial measures. Adjustments to CET1 include certain portions of AOCI to arrive at CET1 inclusive of AOCI (non-GAAP), which is a potential impact under recent proposed rulemaking standards. Since analysts and banking regulators may assess Regions’ capital adequacy using proposed rulemaking standards, management believes that it is useful to provide investors the ability to assess Regions’ capital adequacy on this same basis.

Quarter-Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024
ADJUSTED CET1 RATIO
Common equity Tier 1 (1)
A$13,529$13,355 $13,434 $13,185 $13,093 
Adjustments:
AOCI gain (loss) on securities (2)
(1,485)(1,645)(2,024)(1,369)(2,298)
AOCI gain (loss) on defined benefit pension plans and other post employment benefits(401)(406)(410)(437)(443)
Adjusted common equity Tier 1 (non-GAAP)B$11,643 $11,304 $11,000 $11,379 $10,352 
Total risk-weighted assets (1)
C$126,319$123,755 $124,440 $124,645 $125,682 
Common equity Tier 1 ratio (1)(3)
A/C10.7 %10.8 %10.8 %10.6 %10.4 %
Adjusted common equity Tier 1 ratio (non-GAAP) (1)(3)
B/C9.2 %9.1 %8.8 %9.1 %8.2 %
____
(1)Current quarter Common equity Tier 1 as well as Total risk-weighted assets are estimated.
(2)Represents AOCI gain (loss) on both available for sale and held to maturity securities.
(3)Amounts have been calculated using whole dollar values.

19
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Asset Quality
As of and for Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024
Beginning allowance for loan losses (ALL)$1,613 $1,613 $1,607 $1,621 $1,617 
Loans charged-off:
Commercial and industrial70 57 65 70 60 
Commercial real estate mortgage—owner-occupied— 2 2 1 1 
Total commercial70 59 67 71 61 
Commercial investor real estate mortgage2 22 25 12 — 
Total investor real estate2 22 25 12 — 
Residential first mortgage1 — 1 — — 
Home equity—lines of credit1 — — 1 1 
Consumer credit card17 17 16 16 15 
Other consumer42 47 45 43 46 
Total consumer61 64 62 60 62 
Total133 145 154 143 123 
Recoveries of loans previously charged-off:
Commercial and industrial10 11 26 15 8 
Commercial real estate mortgage—owner-occupied— — 1 — 1 
Commercial real estate construction—owner-occupied— 1 — — 1 
Total commercial10 12 27 15 10 
Commercial investor real estate mortgage— — 1 — 1 
Total investor real estate— — 1 — 1 
Residential first mortgage1 — — 1 1 
Home equity—lines of credit2 — 1 1 2 
Consumer credit card2 3 2 3 1 
Other consumer5 7 4 6 7 
Total consumer10 10 7 11 11 
Total20 22 35 26 22 
Net charge-offs (recoveries):
Commercial and industrial60 46 39 55 52 
Commercial real estate mortgage—owner-occupied— 2 1 1 — 
Commercial real estate construction—owner-occupied— (1)— — (1)
Total commercial60 47 40 56 51 
Commercial investor real estate mortgage2 22 24 12 (1)
Total investor real estate2 22 24 12 (1)
Residential first mortgage— — 1 (1)(1)
Home equity—lines of credit(1)— (1)— (1)
Consumer credit card15 14 14 13 14 
Other consumer37 40 41 37 39 
Total consumer51 54 55 49 51 
Total113 123 119 117 101 
Provision for loan losses112 123 125 103 105 
Ending allowance for loan losses (ALL)1,612 1,613 1,613 1,607 1,621 
Beginning reserve for unfunded credit commitments117 116 121 111 114 
Provision for (benefit from) unfunded credit losses14 1 (5)10 (3)
Ending reserve for unfunded commitments131 117 116 121 111 
Allowance for credit losses (ACL) at period end$1,743 $1,730 $1,729 $1,728 $1,732 
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Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Asset Quality (continued)
As of and for Quarter Ended
($ amounts in millions)6/30/20253/31/202512/31/20249/30/20246/30/2024
Net loan charge-offs as a % of average loans, annualized (1):
Commercial and industrial0.49 %0.38 %0.31 %0.44 %0.42 %
Commercial real estate mortgage—owner-occupied— %0.14 %0.10 %0.09 %(0.03)%
Commercial real estate construction—owner-occupied(0.01)%(0.84)%(0.01)%(0.01)%(0.65)%
Total commercial0.45 %0.35 %0.29 %0.41 %0.37 %
Commercial investor real estate mortgage0.10 %1.38 %1.49 %0.71 %(0.01)%
Commercial investor real estate construction— %— %— %(0.01)%— %
Total investor real estate0.07 %1.02 %1.12 %0.52 %— %
Residential first mortgage— %— %— %(0.01)%(0.01)%
Home equity—lines of credit(0.05)%(0.04)%(0.01)%(0.08)%(0.13)%
Home equity—closed-end(0.01)%(0.01)%(0.03)%(0.01)%(0.02)%
Consumer credit card4.24 %4.18 %3.94 %3.84 %4.00 %
Other consumer2.50 %2.68 %2.66 %2.37 %2.55 %
Total consumer0.63 %0.66 %0.66 %0.58 %0.61 %
Total0.47 %0.52 %0.49 %0.48 %0.42 %
Non-performing loans, excluding loans held for sale$776 $843 $928 $821 $847 
Non-performing loans held for sale16 26 — 7 — 
Non-performing loans, including loans held for sale792 869 928 828 847 
Foreclosed properties16 15 14 17 15 
Non-performing assets (NPAs)$808 $884 $942 $845 $862 
Loans past due > 90 days (2)
$171 $178 $166 $183 $167 
Criticized loans—business (3)
$4,608 $4,918 $4,716 $4,692 $4,863 
Credit Ratios (1):
ACL/Loans, net1.80 %1.81 %1.79 %1.79 %1.78 %
Allowance for credit losses to non-performing loans, excluding loans held for sale225 %205 %186 %210 %204 %
Non-performing loans, excluding loans held for sale/Loans, net0.80 %0.88 %0.96 %0.85 %0.87 %
NPAs (ex. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale0.84 %0.92 %0.97 %0.87 %0.88 %
NPAs (inc. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale (2)
1.01 %1.11 %1.15 %1.06 %1.06 %
(1)Amounts have been calculated using whole dollar values.
(2)Excludes guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 22 for amounts related to these loans.
(3)Business represents the combined total of commercial and investor real estate loans.




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Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Non-Performing Loans (excludes loans held for sale)
 As of
($ amounts in millions, %'s calculated using whole dollar values)6/30/20253/31/202512/31/20249/30/20246/30/2024
Commercial and industrial$391 0.79 %$418 0.85 %$408 0.82 %$430 0.87 %$423 0.84 %
Commercial real estate mortgage—owner-occupied45 0.92 %40 0.83 %37 0.76 %43 0.88 %43 0.90 %
Commercial real estate construction—owner-occupied1 0.46 %1 0.41 %5 1.43 %6 1.75 %9 2.34 %
Total commercial437 0.80 %459 0.85 %450 0.82 %479 0.87 %475 0.86 %
Commercial investor real estate mortgage283 4.08 %327 5.14 %423 6.45 %287 4.38 %317 4.85 %
Total investor real estate283 3.12 %327 3.71 %423 4.86 %287 3.26 %317 3.58 %
Residential first mortgage24 0.12 %25 0.12 %23 0.12 %23 0.11 %22 0.11 %
Home equity—lines of credit26 0.79 %26 0.82 %26 0.81 %26 0.85 %27 0.88 %
Home equity—closed-end6 0.26 %6 0.27 %6 0.25 %6 0.24 %6 0.23 %
Total consumer56 0.17 %57 0.17 %55 0.17 %55 0.17 %55 0.17 %
Total non-performing loans$776 0.80 %$843 0.88 %$928 0.96 %$821 0.85 %$847 0.87 %

Early and Late Stage Delinquencies
Accruing 30-89 Days Past Due Loans
As of
($ amounts in millions, %'s calculated using whole dollar values)6/30/20253/31/202512/31/20249/30/20246/30/2024
Commercial and industrial $67 0.14 %$68 0.14 %$69 0.14 %$82 0.16 %$56 0.11 %
Commercial real estate mortgage—owner-occupied8 0.17 %3 0.07 %5 0.12 %4 0.09 %4 0.09 %
Commercial real estate construction—owner-occupied— — %— — %— — %— 0.10 %— — %
Total commercial75 0.14 %71 0.13 %74 0.14 %86 0.16 %60 0.11 %
Commercial investor real estate mortgage— — %20 0.31 %— — %45 0.70 %10 0.16 %
Commercial investor real estate construction1 0.05 %— — %— — %— — %— — %
Total investor real estate1 0.01 %20 0.23 %— — %45 0.52 %10 0.12 %
Residential first mortgage—non-guaranteed (1)
114 0.58 %119 0.61 %155 0.79 %115 0.58 %109 0.55 %
Home equity—lines of credit25 0.77 %23 0.72 %24 0.76 %24 0.77 %23 0.75 %
Home equity—closed-end 11 0.48 %13 0.56 %17 0.68 %12 0.50 %13 0.51 %
Consumer credit card20 1.46 %19 1.37 %20 1.39 %19 1.36 %18 1.34 %
Other consumer66 1.11 %68 1.15 %77 1.26 %68 1.09 %67 1.08 %
Total consumer (1)
236 0.73 %242 0.75 %293 0.89 %238 0.72 %230 0.84 %
Total accruing 30-89 days past due loans (1)
$312 0.32 %$333 0.35 %$367 0.38 %$369 0.38 %$300 0.31 %
Accruing 90+ Days Past Due LoansAs of
($ amounts in millions, %'s calculated using whole dollar values)6/30/20253/31/202512/31/20249/30/20246/30/2024
Commercial and industrial$19 0.04 %$22 0.05 %$7 0.01 %$3 0.01 %$6 0.01 %
Commercial real estate mortgage—owner-occupied1 0.02 %1 0.01 %1 0.02 %1 0.02 %1 0.03 %
Total commercial20 0.04 %23 0.04 %8 0.01 %4 0.01 %7 0.01 %
Commercial investor real estate mortgage— — %— — %— — %40 0.60 %23 0.35 %
Total investor real estate— — %— — %— — %40 0.45 %23 0.26 %
Residential first mortgage—non-guaranteed (2)
89 0.46 %93 0.47 %88 0.45 %75 0.38 %73 0.37 %
Home equity—lines of credit12 0.38 %13 0.42 %16 0.52 %16 0.52 %18 0.56 %
Home equity—closed-end 7 0.30 %6 0.26 %7 0.30 %7 0.27 %6 0.26 %
Consumer credit card20 1.39 %21 1.49 %20 1.41 %19 1.40 %18 1.36 %
Other consumer23 0.39 %23 0.38 %27 0.44 %22 0.36 %21 0.34 %
Total consumer (2)
151 0.47 %156 0.48 %158 0.48 %139 0.43 %136 0.53 %
Total accruing 90+ days past due loans (2)
$171 0.18 %$179 0.19 %$166 0.17 %$183 0.19 %$166 0.17 %
Total delinquencies (1) (2)
$483 0.50 %$512 0.54 %$533 0.55 %$552 0.57 %$466 0.48 %
(1)Excludes loans that are 100% guaranteed by FHA and guaranteed loans sold to Ginnie Mae where Regions has the right but not the obligation to repurchase. Total 30-89 days past due guaranteed loans excluded were $57 million at 6/30/2025, $52 million at 3/31/2025, $62 million at 12/31/2024, $52 million at 9/30/2024, and $50 million at 6/30/2024.
(2)Excludes loans that are 100% guaranteed by FHA and all guaranteed loans sold to Ginnie Mae where Regions has the right but not the obligation to repurchase. Total 90 days or more past due guaranteed loans excluded were $44 million at 6/30/2025, $53 million at 3/31/2025, $55 million at 12/31/2024, $46 million at 9/30/2024, and $40 million at 6/30/2024.
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Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
Forward-Looking Statements
This supplement, the related earnings 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 and expressions 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:
•Current and future economic and market conditions in the United States generally or in the communities we serve (in particular the Southeastern United States), including the effects of possible declines in property values, increases in interest rates and unemployment rates, inflation, financial market disruptions and potential reductions of economic growth, which may adversely affect our lending and other businesses and our financial results and conditions.
•Possible changes in trade, monetary and fiscal policies of, and other activities undertaken by, governments, agencies, central banks and similar organizations, including tariffs, which could have a material adverse effect on our businesses and our financial results and conditions.
•Changes in market interest rates or capital markets could adversely affect our revenue and expense, the value of assets (such as our portfolio of investment securities) and obligations, as well as the availability and cost of capital and liquidity.
•Volatility and uncertainty about the direction of interest rates and the timing of any changes, which may lead to increased costs for businesses and consumers and potentially contribute to poor business and economic conditions generally.
•Possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and leases.
•Changes in the speed of loan prepayments, loan origination and sale volumes, charge-offs, credit loss provisions or actual credit losses where our allowance for credit losses may not be adequate to cover our eventual losses.
•Possible acceleration of prepayments on mortgage-backed securities due to declining interest rates, and the related acceleration of premium amortization on those securities.
•Possible changes in consumer and business spending and saving habits and the related effect on our ability to increase assets and to attract deposits, which could adversely affect our net income.
•Loss of customer checking and savings account deposits as customers pursue other, higher-yield investments, or the need to price interest-bearing deposits higher due to competitive forces. Either of these activities could increase our funding costs.
•Possible downgrades in our credit ratings or outlook could, among other negative impacts, increase the costs of funding from capital markets.
•The loss of value of our investment portfolio could negatively impact market perceptions of us.
•Our ability to manage fluctuations in the value of assets and liabilities and off-balance sheet exposure so as to maintain sufficient capital and liquidity to support our businesses.
•The effects of social media on market perceptions of us and banks generally.
•The effects of problems encountered by other financial institutions that adversely affect us or the banking industry generally could require us to change certain business practices, reduce our revenue, impose additional costs on us, or otherwise negatively affect our businesses.
•Volatility in the financial services industry (including failures or rumors of failures of other depository institutions), along with actions taken by governmental agencies to address such turmoil, could affect the ability of depository institutions, including us, to attract and retain depositors and to borrow or raise capital.
•Our ability to effectively compete with other traditional and non-traditional financial services companies, including fintechs, some of which possess greater financial resources than we do or are subject to different regulatory standards than we are.
•Our inability to develop and gain acceptance from current and prospective customers for new products and services and the enhancement of existing products and services to meet customers’ needs and respond to emerging technological trends in a timely manner could have a negative impact on our revenue.
•Our inability to keep pace with technological changes, including those related to the offering of digital banking and financial services, could result in losing business to competitors.
•The development and use of AI presents risks and challenges that may impact our business.
•Our ability to execute on our strategic and operational plans, including our ability to fully realize the financial and nonfinancial benefits relating to our strategic initiatives.
•The risks and uncertainties related to our acquisition or divestiture of businesses and risks related to such acquisitions, including that the expected synergies, cost savings and other financial or other benefits may not be realized within expected timeframes, or might be less than projected; and difficulties in integrating acquired businesses.
•The success of our marketing efforts in attracting and retaining customers.
•Our ability to achieve our expense management initiatives.
•Changes in commodity market prices and conditions could adversely affect the cash flows of our borrowers operating in industries that are impacted by changes in commodity prices (including businesses indirectly impacted by commodities prices such as businesses that transport commodities or manufacture equipment used in the production of commodities), which could impair the ability of those borrowers to service any loans outstanding to them and/or reduce demand for loans in those industries.
•The effects of geopolitical instability, including wars, conflicts, civil unrest, and terrorist attacks and the potential impact, directly or indirectly, on our businesses.
•Fraud, theft or other misconduct conducted by external parties, including our customers and business partners, or by our employees.
•Any inaccurate or incomplete information provided to us by our customers or counterparties.
•Inability of our framework to manage risks associated with our businesses, such as credit risk and operational risk, including third-party vendors and other service providers, which inability could, among other things, result in a breach of operating or security systems as a result of a cyber-attack or similar act or failure to deliver our services effectively.
•Our ability to identify and address operational risks associated with the introduction of or changes to products, services, or delivery platforms.
•Dependence on key suppliers or vendors to obtain equipment and other supplies for our businesses on acceptable terms.
•The inability of our internal controls and procedures to prevent, detect or mitigate any material errors or fraudulent acts.
•Our ability to identify and address cyber-security risks such as data security breaches, malware, ransomware, “denial of service” attacks, “hacking” and identity theft, including account take-overs, a failure of which could disrupt our businesses and result in the disclosure of and/or misuse or misappropriation of confidential or proprietary information, disruption or damage to our systems, increased costs, losses, or adverse effects to our reputation.
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Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Second Quarter 2025 Earnings Release
•The effects of the failure of any component of our business infrastructure provided by a third party could disrupt our businesses, result in the disclosure of and/or misuse of confidential information or proprietary information, increase our costs, negatively affect our reputation, and cause losses.
•The effects of any developments, changes or actions relating to any litigation or regulatory proceedings brought against us or any of our subsidiaries.
•The costs, including possibly incurring fines, penalties, or other negative effects (including reputational harm) of any adverse judicial, administrative, or arbitral rulings or proceedings, regulatory enforcement actions or other legal actions to which we or any of our subsidiaries are a party, and which may adversely affect our results.
•Changes in laws and regulations affecting our businesses, including legislation and regulations relating to bank products and services, such as changes to debit card interchange fees, special FDIC assessments, any new long-term debt requirements, as well as changes in the enforcement and interpretation of such laws and regulations by applicable governmental and self-regulatory agencies, including as a result of the changes in U.S. presidential administration, control of the U.S. Congress, and changes in personnel at the bank regulatory agencies, which could require us to change certain business practices, increase compliance risk, reduce our revenue, impose additional costs on us, or otherwise negatively affect our businesses.
•Our capital actions, including dividend payments, common stock repurchases, or redemptions of preferred stock, must not cause us to fall below minimum capital ratio requirements, with applicable buffers taken into account, and must comply with other requirements and restrictions under law or imposed by our regulators, which may impact our ability to return capital to shareholders.
•Our ability to comply with stress testing and capital planning requirements (as part of the CCAR process or otherwise) may continue to require a significant investment of our managerial resources due to the importance of such tests and requirements.
•Our ability to comply with applicable capital and liquidity requirements (including, among other things, the Basel III Rules), including our ability to generate capital internally or raise capital on favorable terms, and if we fail to meet requirements, our financial condition and market perceptions of us could be negatively impacted.
•Our ability to recruit and retain talented and experienced personnel to assist in the development, management and operation of our products and services may be affected by changes in laws and regulations in effect from time to time.
•Our ability to receive dividends from our subsidiaries, in particular Regions Bank, could affect our liquidity and ability to pay dividends to shareholders.
•Fluctuations in the price of our common stock and inability to complete stock repurchases in the time frame and/or on the terms anticipated.
•The effects of anti-takeover laws and exclusive forum provision in our certificate of incorporation and bylaws.
•The effect of new tax legislation and/or interpretation of existing tax law, which may impact our earnings, capital ratios and our ability to return capital to shareholders.
•Changes in accounting policies or procedures as may be required by the FASB or other regulatory agencies could materially affect our financial statements and how we report those results, and expectations and preliminary analyses relating to how such changes will affect our financial results could prove incorrect.
•Any impairment of our goodwill or other intangibles, any repricing of assets or any adjustment of valuation allowances on our deferred tax assets due to changes in tax law, adverse changes in the economic environment declining operations of the reporting unit or other factors.
•The effects of man-made and natural disasters, including fires, floods, droughts, tornadoes, hurricanes and environmental damage (especially in the Southeastern United States), which may negatively affect our operations and/or our loan portfolios and increase our cost of conducting business. The severity and frequency of future earthquakes, fires, hurricanes, tornadoes, droughts, floods and other weather-related events are difficult to predict and may be exacerbated by global climate change.
•The impact of pandemics on our businesses, operations and financial results and conditions. The duration and severity of any pandemic as well as government actions or other restrictions in connection with such events could disrupt the global economy, adversely affect our capital and liquidity position, impair the ability of borrowers to repay outstanding loans and increase our allowance for credit losses, impair collateral values and result in lost revenue or additional expenses.
•The effects of any damage to our reputation resulting from developments related to any of the items identified above.
•Other risks identified from time to time in reports that we file with the SEC.

The foregoing list of factors is not exhaustive. For discussion of these and other factors that may cause actual results to differ from expectations, look under the captions “Forward-Looking Statements” and “Risk Factors” in Regions’ Annual Report on Form 10-K for the year ended December 31, 2024 and in Regions’ subsequent filings with the SEC.
You should not place undue reliance on any forward-looking statements, which speak only as of the date made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible to predict all of them. We assume no obligation and do not intend to update or revise any forward-looking statements that are made from time to time, either as a result of future developments, new information or otherwise, except as may be required by law.
Regions’ Investor Relations contact is Dana Nolan at (205) 264-7040; Regions’ Media contact is Jeremy King at (205) 264-4551.

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