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





Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth 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 and Salaries and Benefits 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  
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 Fourth Quarter 2025 Earnings Release
Financial Highlights
Quarter Ended
($ amounts in millions, except per share data)12/31/20259/30/20256/30/20253/31/202512/31/2024
Earnings Summary
Interest income - taxable equivalent$1,781 $1,808 $1,796 $1,737 $1,815 
Interest expense - taxable equivalent487 539 525 531 572 
Net interest income - taxable equivalent1,294 1,269 1,271 1,206 1,243 
Less: Taxable-equivalent adjustment13 12 12 12 13 
Net interest income 1,281 1,257 1,259 1,194 1,230 
Provision for credit losses115 105 126 124 120 
Net interest income after provision for credit losses1,166 1,152 1,133 1,070 1,110 
Non-interest income640 659 646 590 585 
Non-interest expense1,098 1,103 1,073 1,039 1,038 
Income before income taxes708 708 706 621 657 
Income tax expense174 139 143 131 123 
Net income$534 $569 $563 $490 $534 
Net income available to common shareholders$514 $548 $534 $465 $508 
Adjusted net income available to common shareholders (non-GAAP) (1)
$504 $561 $538 $487 $538 
Weighted-average shares outstanding—during quarter:
Basic875 890 898 906 911 
Diluted880 894 900 910 915 
Basic earnings per common share $0.59 $0.62 $0.59 $0.51 $0.56 
Diluted earnings per common share $0.58 $0.61 $0.59 $0.51 $0.56 
Adjusted diluted earnings per common share (non-GAAP) (1)
$0.57 $0.63 $0.60 $0.54 $0.59 
Balance Sheet Summary
At quarter-end
Loans, net of unearned income$95,637 $96,125 $96,723 $95,733 $96,727 
Allowance for credit losses(1,686 )(1,713 )(1,743 )(1,730 )(1,729 )
Assets159,553 159,940 159,206 159,846 157,302 
Deposits131,128 130,334 130,919 130,971 127,603 
Long-term borrowings4,134 4,785 5,279 6,019 5,993 
Shareholders' equity19,043 19,049 18,666 18,530 17,879 
Average balances
Loans, net of unearned income$95,651 $96,647 $96,077 $96,122 $96,408 
Assets158,107 159,089 157,974 156,876 156,508 
Deposits129,850 129,575 129,444 127,687 126,493 
Long-term borrowings4,524 5,527 5,660 6,001 6,025 
Shareholders' equity18,986 18,688 18,350 18,127 18,042 
_____
(1) See reconciliation of these non-GAAP measures to the most directly comparable GAAP measures on page 19.



1
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Selected Ratios and Other Information
As of and for Quarter Ended
 12/31/20259/30/20256/30/20253/31/202512/31/2024
Return on average assets* (1)
1.34 %%1.42 %%1.43 %%1.27 %%1.36 %%
Return on average common shareholders' equity*11.58 %%12.56 %%12.72 %%11.49 %%12.39 %%
Return on average tangible common shareholders’ equity (non-GAAP)* (2)
17.17 %%18.81 %%19.34 %%17.72 %%19.19 %%
Adjusted return on average tangible common shareholders' equity (non-GAAP) *(2)
16.84 %%19.24 %%19.48 %%18.58 %%20.30 %%
Efficiency ratio56.8 %%57.2 %%56.0 %%57.9 %%56.8 %%
Adjusted efficiency ratio (non-GAAP) (2)
57.5 %%56.9 %%56.0 %%56.8 %%55.4 %%
Dividend payout ratio (3)
44.8 %%43.0 %%42.0 %%48.6 %%44.7 %%
Common book value per share$20.36 $19.98 $19.35 $18.70 $17.77 
Tangible common book value per share (non-GAAP) (2)
$13.75 $13.49 $12.91 $12.29 $11.42 
Total shareholders' equity to total assets11.94 %%11.91 %%11.72 %%11.59 %%11.37 %%
Tangible common shareholders’ equity to tangible assets (non-GAAP) (2)
7.76 %%7.74 %%7.52 %%7.17 %%6.86 %%
Common equity Tier 1 (4)
$13,486$13,620 $13,533 $13,355 $13,434 
Total risk-weighted assets (4)
$125,311$125,386 $125,755 $123,755 $124,440 
Common equity Tier 1 ratio (4)
10.8 %%10.9 %%10.8 %%10.8 %%10.8 %%
Common equity Tier 1 ratio (inclusive of AOCI) (non-GAAP) (2)(4)
9.6 %%9.6 %%9.3 %%9.1 %%8.8 %%
Tier 1 capital ratio (4)
11.9 %%12.0 %%11.9 %%12.2 %%12.2 %%
Total risk-based capital ratio (4)
13.7 %%13.8 %%13.7 %%14.1 %%14.1 %%
Leverage ratio (4)
9.7 %%9.7 %%9.7 %%9.8 %%9.9 %%
Effective tax rate 24.5 %%19.7 %%20.3 %%21.1 %%18.9 %%
Allowance for credit losses as a percentage of loans, net of unearned income1.76 %%1.78 %%1.80 %%1.81 %%1.79 %%
Allowance for credit losses to non-performing loans, excluding loans held for sale 242 %%226 %%225 %%205 %%186 %%
Net interest margin (FTE)* 3.70 %%3.59 %%3.65 %%3.52 %%3.55 %%
Loans, net of unearned income, to total deposits72.9 %%73.8 %%73.9 %%73.1 %%75.8 %%
Net charge-offs as a percentage of average loans*0.59 %%0.55 %%0.47 %%0.52 %%0.49 %%
Non-performing loans, excluding loans held for sale, as a percentage of loans0.73 %%0.79 %%0.80 %%0.88 %%0.96 %%
Non-performing assets (excluding loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale0.75 %%0.82 %%0.84 %%0.92 %%0.97 %%
Non-performing assets (including loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale (5)
0.94 %%0.98 %%1.01 %%1.11 %%1.15 %%
Associate headcount—full-time equivalent 19,969 19,675 19,642 19,541 19,644 
ATMs 1,786 1,874 1,996 2,008 2,011 
Branch Statistics
Full service1,222 1,223 1,224 1,224 1,227 
Drive-through/transaction service only25 25 26 25 26 
Total branch outlets1,247 1,248 1,250 1,249 1,253 
Year Ended December 31
20252024
Return on average assets (1)
1.36 %%1.23 %%
Return on average common shareholders' equity12.09 %%11.24 %%
Return on average tangible common shareholders’ equity (non-GAAP) (2)
18.25 %%17.77 %%
Adjusted return on average tangible common shareholders' equity (non-GAAP) (2)
18.51 %%19.55 %%
Efficiency ratio 56.9 %%59.5 %%
Adjusted efficiency ratio (non-GAAP) (2)
56.8 %%57.6 %%
Dividend payout ratio (3)
44.4 %%50.5 %%
Effective tax rate 21.4 %%19.6 %%
Net interest margin (FTE) 3.61 %%3.54 %%
Net charge-offs as a percentage of average loans0.53 %%0.47 %%
*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 13, 17, 19, and 21.
(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 24 for amounts related to these loans.

2
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Consolidated Balance Sheets
As of
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/2024
Assets:
Cash and due from banks$3,112 $3,073 $3,245 $3,287 $2,893 
Interest-bearing deposits in other banks7,795 9,026 7,930 11,029 7,819 
Debt securities held to maturity5,606 5,769 5,972 5,195 4,427 
Debt securities available for sale27,560 26,886 26,333 25,942 26,224 
Loans held for sale511 573 594 345 594 
Loans, net of unearned income 95,637 96,125 96,723 95,733 96,727 
Allowance for loan losses
(1,556)(1,581)(1,612)(1,613)(1,613)
Net loans94,081 94,544 95,111 94,120 95,114 
Other earning assets1,703 1,513 1,682 1,412 1,616 
Premises and equipment, net1,659 1,742 1,755 1,726 1,673 
Interest receivable571 574 574 583 572 
Goodwill5,733 5,733 5,733 5,733 5,733 
Residential mortgage servicing rights at fair value (MSRs)970 976 988 979 1,007 
Other identifiable intangible assets, net140 146 153 161 169 
Other assets10,112 9,385 9,136 9,334 9,461 
Total assets$159,553 $159,940 $159,206 $159,846 $157,302 
Liabilities and Equity:
Deposits:
Non-interest-bearing$39,530 $39,768 $40,209 $40,443 $39,138 
Interest-bearing91,598 90,566 90,710 90,528 88,465 
Total deposits131,128 130,334 130,919 130,971 127,603 
Borrowed funds:
Short-term borrowings750 1,300 — — 500 
Long-term borrowings4,134 4,785 5,279 6,019 5,993 
Other liabilities4,438 4,426 4,302 4,289 5,296 
Total liabilities140,450 140,845 140,500 141,279 139,392 
Equity:
Preferred stock, non-cumulative perpetual1,369 1,369 1,369 1,715 1,715 
Common stock9 9 9 9 9 
Additional paid-in capital10,366 10,780 11,017 11,161 11,394 
Retained earnings10,205 9,922 9,609 9,299 9,060 
Treasury stock, at cost(1,371)(1,371)(1,371)(1,371)(1,371)
Accumulated other comprehensive income (loss), net(1,535)(1,660)(1,967)(2,283)(2,928)
Total shareholders’ equity19,043 19,049 18,666 18,530 17,879 
Noncontrolling interest
60 46 40 37 31 
Total equity
19,103 19,095 18,706 18,567 17,910 
Total liabilities and equity$159,553 $159,940 $159,206 $159,846 $157,302 







3
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
End of Period Loans
As of
    12/31/202512/31/2025
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/2024 vs. 9/30/2025 vs. 12/31/2024
Commercial and industrial$48,790 $49,234 $49,586 $48,879 $49,671 $(444)(0.9)%%$(881)(1.8)%%
Commercial real estate mortgage—owner-occupied4,845 4,835 4,890 4,849 4,841 10 0.2 %%4 0.1 %%
Commercial real estate construction—owner-occupied263 285 275 316 333 (22)(7.7)%%(70)(21.0)%%
Total commercial53,898 54,354 54,751 54,044 54,845 (456)(0.8)%%(947)(1.7)%%
Commercial investor real estate mortgage 7,172 7,122 6,949 6,376 6,567 50 0.7 %%605 9.2 %%
Commercial investor real estate construction1,934 1,948 2,149 2,457 2,143 (14)(0.7)%%(209)(9.8)%%
Total investor real estate9,106 9,070 9,098 8,833 8,710 36 0.4 %%396 4.5 %%
Total business63,004 63,424 63,849 62,877 63,555 (420)(0.7)%%(551)(0.9)%%
Residential first mortgage19,765 19,881 20,020 20,000 20,094 (116)(0.6)%%(329)(1.6)%%
Home equity—lines of credit (1)
3,232 3,209 3,184 3,130 3,150 23 0.7 %%82 2.6 %%
Home equity—closed-end (2)
2,324 2,340 2,352 2,371 2,390 (16)(0.7)%%(66)(2.8)%%
Consumer credit card1,519 1,437 1,415 1,384 1,445 82 5.7 %%74 5.1 %%
Other consumer (3)(4)
5,793 5,834 5,903 5,971 6,093 (41)(0.7)%%(300)(4.9)%%
Total consumer32,633 32,701 32,874 32,856 33,172 (68)(0.2)%%(539)(1.6)%%
Total Loans$95,637 $96,125 $96,723 $95,733 $96,727 $(488)(0.5)%%$(1,090)(1.1)%%
______
(1)     The balance of Regions' home equity lines of credit consists of $1,410 million of first lien and $1,822 million of second lien at 12/31/2025.
(2)    The balance of Regions' closed-end home equity loans consists of $1,751 million of first lien and $573 million of second lien at 12/31/2025.
(3)    Starting in 2025, other consumer loans also includes exit portfolios, which were previously presented separately.
(4)    Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $4.9 billion at 12/31/2025, $5.0 billion at 9/30/2025, $5.0 billion at 6/30/2025, $5.1 billion at 3/31/2025 and $5.2 billion at 12/31/2024.

As of
End of Period Loans by Percentage(1)
12/31/20259/30/20256/30/20253/31/202512/31/2024
Commercial and industrial51.0 %%51.2 %%51.3 %%51.1 %%51.4 %%
Commercial real estate mortgage—owner-occupied5.1 %%5.0 %%5.1 %%5.1 %%5.0 %%
Commercial real estate construction—owner-occupied0.3 %%0.3 %%0.3 %%0.3 %%0.3 %%
Total commercial56.4 %%56.5 %%56.6 %%56.5 %%56.7 %%
Commercial investor real estate mortgage7.5 %%7.4 %%7.2 %%6.7 %%6.8 %%
Commercial investor real estate construction2.0 %%2.0 %%2.2 %%2.6 %%2.2 %%
Total investor real estate9.5 %%9.4 %%9.4 %%9.2 %%9.0 %%
Total business65.9 %%66.0 %%66.0 %%65.7 %%65.7 %%
Residential first mortgage20.7 %%20.7 %%20.7 %%20.9 %%20.8 %%
Home equity—lines of credit 3.4 %%3.3 %%3.3 %%3.3 %%3.3 %%
Home equity—closed-end 2.4 %%2.4 %%2.4 %%2.5 %%2.5 %%
Consumer credit card1.6 %%1.5 %%1.5 %%1.4 %%1.5 %%
Other consumer6.1 %%6.1 %%6.1 %%6.2 %%6.3 %%
Total consumer34.1 %%34.0 %%34.0 %%34.3 %%34.3 %%
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 Fourth Quarter 2025 Earnings Release
Average Balances of Loans
 Average Balances
($ amounts in millions)4Q253Q252Q251Q254Q244Q25 vs. 3Q254Q25 vs. 4Q24
Commercial and industrial$48,769 $49,588 $49,033 $49,209 $49,357 $(819)(1.7)%%$(588)(1.2)%%
Commercial real estate mortgage—owner-occupied4,866 4,860 4,900 4,863 4,869 6 0.1 %%(3)(0.1)%%
Commercial real estate construction—owner-occupied260 274 270 317 343 (14)(5.1)%%(83)(24.2)%%
Total commercial53,895 54,722 54,203 54,389 54,569 (827)(1.5)%%(674)(1.2)%%
Commercial investor real estate mortgage7,210 7,087 6,805 6,484 6,491 123 1.7 %%719 11.1 %%
Commercial investor real estate construction1,906 2,051 2,204 2,267 2,165 (145)(7.1)%%(259)(12.0)%%
Total investor real estate9,116 9,138 9,009 8,751 8,656 (22)(0.2)%%460 5.3 %%
Total business 63,011 63,860 63,212 63,140 63,225 (849)(1.3)%%(214)(0.3)%%
Residential first mortgage19,822 19,944 19,992 20,037 20,107 (122)(0.6)%%(285)(1.4)%%
Home equity—lines of credit3,219 3,197 3,168 3,135 3,135 22 0.7 %%84 2.7 %%
Home equity—closed-end2,327 2,341 2,357 2,374 2,392 (14)(0.6)%%(65)(2.7)%%
Consumer credit card1,458 1,420 1,397 1,394 1,398 38 2.7 %%60 4.3 %%
Other consumer (1)(2)
5,814 5,885 5,951 6,042 6,151 (71)(1.2)%%(337)(5.5)%%
Total consumer32,640 32,787 32,865 32,982 33,183 (147)(0.4)%%(543)(1.6)%%
Total Loans$95,651 $96,647 $96,077 $96,122 $96,408 $(996)(1.0)%%$(757)(0.8)%%
Average Balances
Twelve Months Ended December 31
($ amounts in millions)202520242025 vs. 2024
Commercial and industrial$49,150 $49,834 $(684)(1.4)%%
Commercial real estate mortgage—owner-occupied4,872 4,836 36 0.7 %%
Commercial real estate construction—owner-occupied280 332 (52)(15.7)%%
Total commercial54,302 55,002 (700)(1.3)%%
Commercial investor real estate mortgage6,899 6,538 361 5.5 %%
Commercial investor real estate construction2,106 2,233 (127)(5.7)%%
Total investor real estate9,005 8,771 234 2.7 %%
Total business 63,307 63,773 (466)(0.7)%%
Residential first mortgage19,948 20,158 (210)(1.0)%%
Home equity—lines of credit3,180 3,147 33 1.0 %%
Home equity—closed-end2,350 2,407 (57)(2.4)%%
Consumer credit card1,417 1,351 66 4.9 %%
Other consumer (1)(2)
5,922 6,200 (278)(4.5)%%
Total consumer32,817 33,263 (446)(1.3)%%
Total Loans$96,124 $97,036 $(912)(0.9)%%
_____
(1)Starting in 2025, other consumer loans also includes exit portfolios, which were previously presented separately.
(2)    Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $4.9 billion at 12/31/2025, $5.0 billion at 9/30/2025, $5.1 billion at 6/30/2025, $5.1 billion at 3/31/2025 and $5.2 billion at 12/31/2024 (on a quarter-to-date basis); and balances of $5.0 billion at 12/31/2025 and $5.2 billion at 12/31/2024 (on a year-to-date basis).


5
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
End of Period Deposits
 As of
     12/31/202512/31/2025
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/2024 vs. 9/30/2025 vs. 12/31/2024
Non-interest-bearing deposits$39,530 $39,768 $40,209 $40,443 $39,138 $(238)(0.6)%$3921.0%
Interest-bearing checking25,677 24,669 24,704 25,281 25,079 1,0084.1%5982.4%
Savings11,914 11,944 12,187 12,466 12,022 (30)(0.3)%(108)(0.9)%
Money market—domestic40,119 39,051 38,525 37,289 35,644 1,0682.7%4,47512.6%
Time deposits13,888 14,902 15,294 15,492 15,720 (1,014)(6.8)%(1,832)(11.7)%
Total Deposits$131,128 $130,334 $130,919 $130,971 $127,603 $7940.6%$3,5252.8%
 As of
   12/31/202512/31/2025
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/2024 vs. 9/30/2025 vs. 12/31/2024
Consumer Bank Segment$80,193 $79,689 $79,953 $80,627 $78,637 $5040.6%$1,5562.0%
Corporate Bank Segment40,449 40,415 40,101 39,696 38,361 340.1%2,0885.4%
Wealth Management Segment8,344 7,654 7,352 7,798 7,736 6909.0%6087.9%
Other (1)
2,142 2,576 3,513 2,850 2,869 (434)(16.8)%(727)(25.3)%
Total Deposits$131,128 $130,334 $130,919 $130,971 $127,603 $7940.6%$3,5252.8%
 As of
    12/31/202512/31/2025
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/2024 vs. 9/30/2025 vs. 12/31/2024
Wealth Management - Private Wealth$7,149 $6,698 $6,433 $6,931 $6,998 $4516.7%$1512.2%
Wealth Management - Institutional Services1,195 956 919 867 738 23925.0%45761.9%
Total Wealth Management Segment Deposits$8,344 $7,654 $7,352 $7,798 $7,736 $6909.0%$6087.9%

As of
End of Period Deposits by Percentage12/31/20259/30/20256/30/20253/31/202512/31/2024
Non-interest-bearing deposits30.1 %%30.5 %%30.7 %%30.9 %%30.7 %%
Interest-bearing checking19.6 %%18.9 %%18.9 %%19.3 %%19.7 %%
Savings9.1 %%9.2 %%9.3 %%9.5 %%9.4 %%
Money market—domestic30.6 %%30.0 %%29.4 %%28.5 %%27.9 %%
Time deposits10.6 %%11.4 %%11.7 %%11.8 %%12.3 %%
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 $1.3 billion at 12/31/2025, $1.8 billion at 9/30/2025, $2.8 billion at 6/30/2025, $2.2 billion at 3/31/2025 and $2.2 billion at 12/31/2024.










6
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Average Balances of Deposits
Average Balances
($ amounts in millions)4Q253Q252Q251Q254Q244Q25 vs. 3Q254Q25 vs. 4Q24
Non-interest-bearing deposits$39,459 $39,538 $39,556 $39,053 $39,424 $(79)(0.2)%%$35 0.1 %%
Interest-bearing checking24,528 24,274 24,865 25,033 24,060 254 1.0 %%468 1.9 %%
Savings11,876 12,046 12,300 12,177 12,020 (170)(1.4)%%(144)(1.2)%%
Money market—domestic 39,591 38,593 37,389 35,625 35,264 998 2.6 %%4,327 12.3 %%
Time deposits14,396 15,124 15,334 15,799 15,725 (728)(4.8)%%(1,329)(8.5)%%
Total Deposits$129,850 $129,575 $129,444 $127,687 $126,493 $275 0.2 %%3,357 2.7 %%
 Average Balances
($ amounts in millions)4Q253Q252Q251Q254Q244Q25 vs. 3Q254Q25 vs. 4Q24
Consumer Bank Segment$79,437 $79,698 $79,912 $78,712 $78,476 $(261)(0.3)%%$961 1.2 %%
Corporate Bank Segment40,243 39,733 39,234 38,312 37,426 510 1.3 %%2,817 7.5 %%
Wealth Management Segment7,810 7,262 7,324 7,600 7,492 548 7.5 %%318 4.2 %%
Other (1)
2,360 2,882 2,974 3,063 3,099 (522)(18.1)%%(739)(23.8)%%
Total Deposits$129,850 $129,575 $129,444 $127,687 $126,493 $275 0.2 %%$3,357 2.7 %%
 Average Balances
($ amounts in millions)4Q253Q252Q251Q254Q244Q25 vs. 3Q254Q25 vs. 4Q24
Wealth Management - Private Wealth$6,719 $6,604 $6,705 $6,897 $6,700 $115 1.7 %%$19 0.3 %%
Wealth Management - Institutional Services1,091 658 619 703 792 433 65.8 %%299 37.8 %%
Total Wealth Management Segment Deposits$7,810 $7,262 $7,324 $7,600 $7,492 $548 7.5 %%$318 4.2 %%

Average Balances
Twelve Months Ended December 31
($ amounts in millions)202520242025 vs. 2024
Interest-free deposits$39,403 $40,136 $(733)(1.8)%%
Interest-bearing checking24,672 24,090 582 2.4 %%
Savings12,099 12,332 (233)(1.9)%%
Money market—domestic37,813 34,586 3,227 9.3 %%
Time deposits15,159 15,471 (312)(2.0)%%
Total Deposits$129,146 $126,615 $2,531 2.0 %%
Average Balances
Twelve Months Ended December 31
($ amounts in millions)202520242025 vs. 2024
Consumer Bank Segment$79,442 $79,083 $359 0.5 %%
Corporate Bank Segment39,387 37,007 2,380 6.4 %%
Wealth Management Segment7,499 7,541 (42)(0.6)%%
Other (1)
2,818 2,984 (166)(5.6)%%
Total Deposits$129,146 $126,615 $2,531 2.0 %%
Average Balances
Twelve Months Ended December 31
($ amounts in millions)202520242025 vs. 2024
Wealth Management - Private Wealth$6,730 $6,638 $92 1.4 %%
Wealth Management - Institutional Services769 903 (134)(14.8)%%
Total Wealth Management Segment Deposits$7,499 $7,541 $(42)(0.6)%%
(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 Fourth Quarter 2025 Earnings Release
Consolidated Statements of Income (unaudited)
Quarter Ended
($ amounts in millions, except per share data)12/31/20259/30/20256/30/20253/31/202512/31/2024
Interest income on:
Loans, including fees $1,358 $1,386 $1,377 $1,342 $1,416 
Debt securities300 293 286 266 256 
Loans held for sale9 9 9 8 11 
Other earning assets 101 108 112 109 119 
Total interest income1,768 1,796 1,784 1,725 1,802 
Interest expense on:
Deposits421 456 447 442 467 
Short-term borrowings4 8 1 4 16 
Long-term borrowings62 75 77 85 89 
Total interest expense487 539 525 531 572 
Net interest income 1,281 1,257 1,259 1,194 1,230 
Provision for credit losses115 105 126 124 120 
Net interest income after provision for credit losses1,166 1,152 1,133 1,070 1,110 
Non-interest income:
Service charges on deposit accounts163 160 151 161 155 
Card and ATM fees123 122 125 117 113 
Wealth management income143 139 133 129 126 
Capital markets income80 104 83 80 97 
Mortgage income32 38 48 40 35 
Securities gains (losses), net— (27)(1)(25)(30)
Other99 123 107 88 89 
Total non-interest income640 659 646 590 585 
Non-interest expense:
Salaries and employee benefits662 671 658 625 617 
Equipment and software expense112 106 104 99 104 
Net occupancy expense74 72 72 70 67 
Other250 254 239 245 250 
Total non-interest expense1,098 1,103 1,073 1,039 1,038 
Income before income taxes708 708 706 621 657 
Income tax expense 174 139 143 131 123 
Net income $534 $569 $563 $490 $534 
Net income available to common shareholders$514 $548 $534 $465 $508 
Weighted-average shares outstanding—during quarter:
Basic875 890 898 906 911 
Diluted880 894 900 910 915 
Actual shares outstanding—end of quarter868 885 894 899 909 
Earnings per common share: (1)
Basic$0.59 $0.62 $0.59 $0.51 $0.56 
Diluted$0.58 $0.61 $0.59 $0.51 $0.56 
Taxable-equivalent net interest income$1,294 $1,269 $1,271 $1,206 $1,243 
________
(1) Quarterly amounts may not add to year-to-date amounts due to rounding.




8
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Consolidated Statements of Income (continued) (unaudited)
Twelve Months Ended December 31
($ amounts in millions, except per share data)20252024
Interest income on:
Loans, including fees$5,463 $5,732 
Debt securities1,145 925 
Loans held for sale35 39 
Other earning assets 430 412 
Total interest income7,073 7,108 
Interest expense on:
Deposits1,766 1,971 
Short-term borrowings17 40 
Long-term borrowings299 279 
Total interest expense2,082 2,290 
Net interest income4,991 4,818 
Provision for credit losses470 487 
Net interest income after provision for credit losses4,521 4,331 
Non-interest income:
Service charges on deposit accounts635 612 
Card and ATM fees487 467 
Wealth management income 544 495 
Capital markets income347 348 
Mortgage income158 146 
Securities gains (losses), net(53)(208)
Other417 405 
Total non-interest income2,535 2,265 
Non-interest expense:
Salaries and employee benefits2,616 2,529 
Equipment and software expense421 406 
Net occupancy expense288 278 
Other988 1,029 
Total non-interest expense4,313 4,242 
Income before income taxes2,743 2,354 
Income tax expense 587 461 
Net income $2,156 $1,893 
Net income available to common shareholders$2,061 $1,774 
Weighted-average shares outstanding—during year:
Basic892 916 
Diluted896 918 
Actual shares outstanding—end of period868 909 
Earnings per common share:
Basic$2.31 $1.94 
Diluted$2.30 $1.93 
Taxable-equivalent net interest income$5,040 $4,868 

9
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis
 Quarter Ended
 12/31/20259/30/2025
($ amounts in millions; yields on taxable-equivalent basis)Average BalanceIncome/ Expense
Yield/ Rate (1)
Average BalanceIncome/ Expense
Yield/ Rate (1)
Assets
Earning assets:
Debt securities (2)(3)
$33,464 $300 3.58 %%$33,223 $293 3.53 %%
Loans held for sale642 9 5.73 662 9 5.52 
Loans, net of unearned income:
Commercial and industrial (4)
48,769 688 5.53 49,588 714 5.65 
Commercial real estate mortgage—owner-occupied (5)
4,866 65 5.16 4,860 62 5.04 
Commercial real estate construction—owner-occupied260 3 5.72 274 4 5.96 
Commercial investor real estate mortgage7,210 116 6.29 7,087 114 6.30 
Commercial investor real estate construction1,906 33 6.85 2,051 37 7.12 
Residential first mortgage19,822 202 4.07 19,944 202 4.06 
Home equity5,546 91 6.57 5,538 91 6.54 
Consumer credit card1,458 51 14.06 1,420 52 14.46 
Other consumer5,814 122 8.26 5,885 122 8.14 
Total loans, net of unearned income95,651 1,371 5.65 96,647 1,398 5.70 
Interest-bearing deposits in other banks7,596 79 4.07 8,316 94 4.51 
Other earning assets1,456 22 6.21 1,519 14 3.63 
Total earning assets 138,809 1,781 5.07 140,367 1,808 5.09 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(641)(1,001)
Allowance for loan losses(1,545)(1,616)
Cash and due from banks3,055 2,892 
Other non-earning assets18,429 18,447 
$158,107 $159,089 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $11,876 3 0.10 $12,046 4 0.13 
Interest-bearing checking24,528 78 1.26 24,274 86 1.41 
Money market 39,591 220 2.20 38,593 234 2.40 
Time deposits14,396 120 3.33 15,124 132 3.45 
Total interest-bearing deposits (6)
90,391 421 1.85 90,037 456 2.01 
Federal funds purchased and securities sold under agreements to repurchase52 2 3.91 48 — 4.36 
Other short-term borrowings211 2 4.25 696 8 4.49 
Long-term borrowings4,524 62 5.40 5,527 75 5.39 
Total interest-bearing liabilities95,178 487 2.03 96,308 539 2.22 
Non-interest-bearing deposits (6)
39,459 — — 39,538 — — 
Total funding sources134,637 487 1.43 135,846 539 1.57 
Net interest spread (2)
3.04 2.87 
Other liabilities4,438 4,515 
Shareholders’ equity18,986 18,688 
Noncontrolling interest46 40 
$158,107 $159,089 
Net interest income/margin FTE basis (2)
$1,294 3.70 %%$1,269 3.59 %%
_______
(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 $5 million for the quarter ended December 31, 2025 and $7 million for the quarter ended September 30, 2025.
(4) Interest income includes hedging expense of $44 million for the quarter ended December 31, 2025 and $58 million for the quarter ended September 30, 2025.
(5) Interest income includes hedging expense of $6 million for the quarter ended December 31, 2025 and $7 million for the quarter ended September 30, 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 1.29% for the quarter ended December 31, 2025 and 1.39% for the quarter ended September 30, 2025.


10
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis (continued)
 Quarter Ended
 6/30/20253/31/202512/31/2024
($ 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 $— 4.44 %%$1 $— 4.44 %%$1 $— 4.82 %%
Debt securities (2)(3)
32,882 286 3.48 32,280 266 3.30 32,553 256 3.16 
Loans held for sale500 9 7.14 441 8 7.27 766 11 5.63 
Loans, net of unearned income:
Commercial and industrial (4)
49,033 708 5.72 49,209 687 5.58 49,357 746 5.99 
Commercial real estate mortgage—owner-occupied (5)
4,900 63 5.02 4,863 59 4.87 4,869 61 4.90 
Commercial real estate construction—owner-occupied270 4 5.75 317 5 5.78 343 5 6.03 
Commercial investor real estate mortgage6,805 113 6.55 6,484 100 6.17 6,491 105 6.35 
Commercial investor real estate construction2,204 40 7.10 2,267 40 7.06 2,165 41 7.40 
Residential first mortgage19,992 200 3.99 20,037 198 3.96 20,107 199 3.95 
Home equity5,525 90 6.51 5,509 91 6.63 5,527 94 6.78 
Consumer credit card1,397 50 14.24 1,394 50 14.55 1,398 50 14.37 
Other consumer5,951 121 8.33 6,042 124 8.27 6,151 128 8.18 
Total loans, net of unearned income 96,077 1,389 5.75 96,122 1,354 5.64 96,408 1,429 5.87 
Interest-bearing deposits in other banks8,737 97 4.49 8,537 94 4.45 7,978 98 4.84 
Other earning assets1,466 15 3.96 1,483 15 4.19 1,510 21 5.54 
Total earning assets
139,663 1,796 5.12 138,864 1,737 5.01 139,216 1,815 5.17 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(1,348)(1,716)(1,945)
Allowance for loan losses(1,643)(1,625)(1,621)
Cash and due from banks2,893 2,957 2,826 
Other non-earning assets18,409 18,396 18,032 
$157,974 $156,876 $156,508 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $12,300 4 0.13 $12,177 4 0.13 $12,020 3 0.11 
Interest-bearing checking24,865 88 1.41 25,033 89 1.44 24,060 92 1.52 
Money market 37,389 220 2.37 35,625 204 2.32 35,264 217 2.45 
Time deposits15,334 135 3.52 15,799 145 3.73 15,725 155 3.92 
Total interest-bearing deposits (6)
89,888 447 1.99 88,634 442 2.02 87,069 467 2.13 
Federal funds purchased and securities sold under agreements to repurchase80 1 4.40 39 — 4.39 24 — 4.60 
Other short-term borrowings— — — 339 4 4.57 1,207 16 4.93 
Long-term borrowings5,660 77 5.36 6,001 85 5.65 6,025 89 5.80 
Total interest-bearing liabilities 95,628 525 2.20 95,013 531 2.27 94,325 572 2.41 
Non-interest-bearing deposits (6)
39,556 — — 39,053 — — 39,424 — — 
Total funding sources135,184 525 1.55 134,066 531 1.60 133,749 572 1.70 
Net interest spread (2)
2.92 2.75 2.76 
Other liabilities4,403 4,652 4,672 
Shareholders’ equity18,350 18,127 18,042 
Noncontrolling interest37 31 45 
$157,974 $156,876 $156,508 
Net interest income/margin FTE basis (2)
$1,271 3.65 %%$1,206 3.52 %%$1,243 3.55 %%
_______
(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 $6 million for the quarter ended June 30, 2025, $2 million for the quarter ended March 31, 2025, and zero for the quarter ended December 31, 2024.
(4) Interest income includes hedging expense of $53 million for the quarter ended June 30, 2025, $60 million for the quarter ended March 31, 2025 and $69 million for the quarter ended December 31, 2024.
(5) Interest income includes hedging expense of $7 million for the quarter ended June 30, 2025, $7 million for the quarter ended March 31, 2025 and $8 million for the quarter ended December 31, 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 1.39% for the quarter ended June 30, 2025, 1.40% for the quarter ended March 31, 2025 and 1.47% for the quarter ended December 31, 2024.



11
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis (continued)
 Twelve Months Ended December 31
 20252024
($ 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 $— 4.30 %%$1 $— 5.25 %%
Debt securities (2)(3)
32,966 1,145 3.47 31,989 925 2.89 
Loans held for sale562 35 6.28 610 39 6.30 
Loans, net of unearned income:
Commercial and industrial (4)
49,150 2,797 5.62 49,834 3,025 6.04 
Commercial real estate mortgage—owner-occupied (5)
4,872 249 5.02 4,836 233 4.72 
Commercial real estate construction—owner-occupied280 16 5.80 332 21 6.17 
Commercial investor real estate mortgage6,899 443 6.33 6,538 460 6.92 
Commercial investor real estate construction2,106 150 7.04 2,233 178 7.82 
Residential first mortgage19,948 802 4.02 20,158 777 3.86 
Home equity5,530 363 6.56 5,554 380 6.85 
Consumer credit card1,417 203 14.32 1,351 199 14.75 
Other consumer5,922 489 8.25 6,200 509 8.20 
Total loans, net of unearned income96,124 5,512 5.69 97,036 5,782 5.93 
Interest-bearing deposits in other banks8,294 364 4.39 6,398 344 5.37 
Other earning assets 1,481 66 4.49 1,438 68 4.75 
Total earning assets139,428 7,122 5.07 137,472 7,158 5.18 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(1,173)(2,614)
Allowance for loan losses(1,607)(1,616)
Cash and due from banks2,949 2,727 
Other non-earning assets18,421 17,912 
$158,018 $153,881 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $12,099 15 0.12 $12,332 15 0.12 
Interest-bearing checking24,672 341 1.38 24,090 395 1.64 
Money market 37,813 878 2.32 34,586 930 2.69 
Time deposits15,159 532 3.51 15,471 631 4.08 
Total interest-bearing deposits (6)
89,743 1,766 1.97 86,479 1,971 2.28 
Federal funds purchased and securities sold under agreements to repurchase55 3 4.27 15 — 4.74 
Other short-term borrowings312 14 4.47 723 40 5.24 
Long-term borrowings5,424 299 5.46 4,352 279 6.34 
Total interest-bearing liabilities95,534 2,082 2.18 91,569 2,290 2.50 
Non-interest-bearing deposits (6)
39,403 — — 40,136 — — 
Total funding sources134,937 2,082 1.54 131,705 2,290 1.73 
Net interest spread (2)
2.90 2.68 
Other liabilities4,502 4,653 
Shareholders’ equity18,541 17,484 
Noncontrolling interest38 39 
$158,018 $153,881 
Net interest income/margin FTE basis (2)
$5,040 3.61 %%$4,868 3.54 %%
_______
(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 $20 million and $7 million for the years ended December 31, 2025 and 2024, respectively.
(4) Interest income includes hedging expense of $215 million and $374 million for the years ended December 31, 2025 and 2024, respectively.
(5) Interest income includes hedging expense of $27 million and $46 million for the years ended December 31, 2025 and 2024, respectively.
(6) Total deposit costs may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest bearing deposits. The rates for total
deposit costs equal 1.37% and 1.56% for the years ended December 31, 2025 and 2024, respectively.
12
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Pre-Tax Pre-Provision Income ("PPI") (non-GAAP) and Adjusted PPI (non-GAAP)
The Pre-Tax Pre-Provision Income tables below present computations of pre-tax pre-provision income excluding certain adjustments (non-GAAP). Regions believes that the presentation of PPI and the exclusion of certain items from PPI provides a meaningful basis for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations.
 Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Net income available to common shareholders (GAAP)$514 $548 $534 $465 $508 $(34)(6.2)%%$6 1.2 %%
Preferred dividends and other (GAAP) (1)
20 21 29 25 26 (1)(4.8)%%(6)(23.1)%%
Income tax expense (GAAP)174 139 143 131 123 35 25.2 %%51 41.5 %%
Income before income taxes (GAAP)708 708 706 621 657 — — %%51 7.8 %%
Provision for credit losses (GAAP)115 105 126 124 120 10 9.5 %%(5)(4.2)%%
Pre-tax pre-provision income (non-GAAP)823 813 832 745 777 10 1.2 %%46 5.9 %%
Other adjustments:
Securities (gains) losses, net— 25 — 25 30 (25)(100.0)%%(30)(100.0)%%
FDIC insurance special assessment(14)(3)(1)1 (2)(11)(366.7)%%(12)NM
Salaries and employee benefits—severance charges— — 1 1 10 — NM(10)(100.0)%%
Branch consolidation, property and equipment charges— (5)— — 1 5 (100.0)%%(1)(100.0)%%
Professional, legal and regulatory expenses— — — 2 — — NM— NM
Total other adjustments(14)17 — 29 39 (31)(182.4)%%(53)(135.9)%%
Adjusted pre-tax pre-provision income (non-GAAP)$809 $830 $832 $774 $816 $(21)(2.5)%%$(7)(0.9)%%
Year Ended
($ amounts in millions)202520242025 vs 2024
Net income available to common shareholders (GAAP)$2,061 $1,774 $287 16.2 %%
Preferred dividends and other (GAAP) (1)
95 119 (24)(20.2)%%
Income tax expense (GAAP)587 461 126 27.3 %%
Income before income taxes (GAAP)2,743 2,354 389 16.5 %%
Provision for credit losses (GAAP)470 487 (17)(3.5)%%
Pre-tax pre-provision income (non-GAAP)3,213 2,841 372 13.1 %%
Other adjustments:
Securities (gains) losses, net50 208 (158)(76.0)%%
FDIC insurance special assessment(17)16 (33)(206.3)%%
Salaries and employee benefits—severance charges2 30 (28)(93.3)%%
Branch consolidation, property and equipment charges(5)3 (8)(266.7)%%
Professional, legal and regulatory expenses2 3 (1)(33.3)%%
Other miscellaneous expenses (2)
— (37)37 100.0 %%
Total other adjustments32 223 (191)(85.7)%%
Adjusted pre-tax pre-provision income (non-GAAP)$3,245 $3,064 $181 5.9 %%
_____
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 year ended 2024 amount includes $15 million of deferred issuance costs recognized upon the redemption of Series B preferred stock.
(2) The year ended 2024 amount includes a contingent reserve release to a previous acquisition.






13
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Non-Interest Income
 Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Service charges on deposit accounts$163 $160 $151 $161 $155 $3 1.9 %%$8 5.2 %%
Card and ATM fees123 122 125 117 113 1 0.8 %%10 8.8 %%
Wealth management income143 139 133 129 126 4 2.9 %%17 13.5 %%
Capital markets income (1)
80 104 83 80 97 (24)(23.1)%%(17)(17.5)%%
Mortgage income32 38 48 40 35 (6)(15.8)%%(3)(8.6)%%
Commercial credit fee income 30 28 29 27 28 2 7.1 %%2 7.1 %%
Bank-owned life insurance23 25 24 23 21 (2)(8.0)%%2 9.5 %%
Market value adjustments on employee benefit assets (2)
(5)12 16 (3)(5)(17)(141.7)%%— — %%
Securities gains (losses), net— (27)(1)(25)(30)27 100.0 %%30 100.0 %%
Other miscellaneous income51 58 38 41 45 (7)(12.1)%%6 13.3 %%
Total non-interest income$640 $659 $646 $590 $585 $(19)(2.9)%%$55 9.4 %%
Service Charges on Deposit Accounts by Segment
Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Consumer Bank Segment (3)
$101 $99 $90 $96 $98 $2 2.0 %%$3 3.1 %%
Corporate Bank Segment (4)
61 61 60 64 56 — — %%5 8.9 %%
Wealth Management Segment1 — 1 1 1 1 NM— — %%
Total service charges on deposit accounts$163 $160 $151 $161 $155 $3 1.9 %%$8 5.2 %%
Wealth Management Income
Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Investment management and trust fee income$95 $91 $90 $86 $89 $4 4.4 %%$6 6.7 %%
Investment services fee income48 48 43 43 37 — — %%11 29.7 %%
Total wealth management income (5)
$143 $139 $133 $129 $126 $4 2.9 %%$17 13.5 %%
Capital Markets Income
Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Capital markets income$80 $104 $83 $80 $97 $(24)(23.1)%%$(17)(17.5)%%
Less: Valuation adjustments on customer derivatives (6)
— — (2)(1)(1)— NM1 100.0 %%
Capital markets income excluding valuation adjustments $80 $104 $85 $81 $98 $(24)(23.1)%%$(18)(18.4)%%
Mortgage Income
Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Production and sales$17 $17 $17 $13 $14 $— — %%$3 21.4 %%
Loan servicing47 47 47 47 48 — — %%(1)(2.1)%%
MSR and related hedge impact:
MSRs fair value increase (decrease) due to change in valuation inputs or assumptions13 1 16 (10)56 12 NM(43)(76.8)%%
MSRs hedge gain (loss)(16)1 (4)18 (53)(17)NM37 69.8 %%
MSRs change due to payment decay(29)(28)(28)(28)(30)(1)(3.6)%%1 3.3 %%
MSR and related hedge impact(32)(26)(16)(20)(27)(6)(23.1)%%(5)(18.5)%%
Total mortgage income$32 $38 $48 $40 $35 $(6)(15.8)%%$(3)(8.6)%%
Mortgage production - portfolio$463 $465 $602 $355 $413 $(2)(0.4)%%$50 12.1 %%
Mortgage production - agency/secondary market494 504 516 371 462 (10)(2.0)%%32 6.9 %%
Total mortgage production$957 $969 $1,118 $726 $875 $(12)(1.2)%%$82 9.4 %%
Mortgage production - purchased71.7 %%81.4 %%82.5 %%82.9 %%82.3 %%
Mortgage production - refinanced28.3 %%18.6 %%17.5 %%17.1 %%17.7 %%
_________
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.

14
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Non-Interest Income
($ amounts in millions)Twelve Months EndedYear-to-Date Change 12/31/2025 vs. 12/31/2024
12/31/202512/31/2024AmountPercent
Service charges on deposit accounts$635 $612 $23 3.8 %%
Card and ATM fees487 467 20 4.3 %%
Wealth management income544 495 49 9.9 %%
Capital markets income (1)
347 348 (1)(0.3)%%
Mortgage income158 146 12 8.2 %%
Commercial credit fee income 114 111 3 2.7 %%
Bank-owned life insurance95 102 (7)(6.9)%%
Market value adjustments on employee benefit assets (2)
20 25 (5)(20.0)%%
Securities gains (losses), net(53)(208)155 74.5 %%
Other miscellaneous income188 167 21 12.6 %%
Total non-interest income$2,535 $2,265 $270 11.9 %%
Service Charges on Deposit Accounts by Segment
Twelve Months EndedYear-to-Date Change 12/31/2025 vs. 12/31/2024
($ amounts in millions)12/31/202512/31/2024AmountPercent
Consumer Bank Segment (3)
$386 $385 $1 0.3 %%
Corporate Bank Segment (4)
246 223 23 10.3 %%
Wealth Management Segment3 3 — — %%
Other— 1 (1)(100.0)%%
Total service charges on deposit accounts$635 $612 $23 3.8 %%
Wealth Management Income
Twelve Months EndedYear-to-Date Change 12/31/2025 vs. 12/31/2024
($ amounts in millions)12/31/202512/31/2024AmountPercent
Investment management and trust fee income$362 $338 $24 7.1 %%
Investment services fee income182 157 25 15.9 %%
Total wealth management income (5)
$544 $495 $49 9.9 %%
Capital Markets Income
Twelve Months EndedYear-to-Date Change 12/31/2025 vs. 12/31/2024
($ amounts in millions)12/31/202512/31/2024AmountPercent
Capital markets income$347 $348 $(1)(0.3)%%
Less: Valuation adjustments on customer derivatives (6)
(3)(6)3 50.0 %%
Capital markets income excluding valuation adjustments $350 $354 $(4)(1.1)%%
Mortgage Income
Twelve Months EndedYear-to-Date Change 12/31/2025 vs. 12/31/2024
($ amounts in millions)12/31/202512/31/2024AmountPercent
Production and sales$64 $70 $(6)(8.6)%%
Loan servicing188 191 (3)(1.6)%%
MSR and related hedge impact:
MSRs fair value increase (decrease) due to change in valuation inputs or assumptions20 60 (40)(66.7)%%
MSRs hedge gain (1)(52)51 98.1 %%
MSRs change due to payment decay(113)(123)10 8.1 %%
MSR and related hedge impact(94)(115)21 18.3 %%
Total mortgage income$158 $146 $12 8.2 %%
Mortgage production - portfolio$1,885 $1,763 $122 6.9 %%
Mortgage production - agency/secondary market1,885 1,923 (38)(2.0)%%
Total mortgage production $3,770 $3,686 $84 2.3 %%
Mortgage production - purchased79.5 %%87.1 %%
Mortgage production - refinanced20.5 %%12.9 %%
_________
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.

15
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Non-Interest Expense
Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Salaries and employee benefits$662 $671 $658 $625 $617 $(9)(1.3)%%$45 7.3 %%
Equipment and software expense112 106 104 99 104 6 5.7 %%8 7.7 %%
Net occupancy expense74 72 72 70 67 2 2.8 %%7 10.4 %%
Outside services45 42 39 40 42 3 7.1 %%3 7.1 %%
Marketing29 28 26 30 28 1 3.6 %%1 3.6 %%
Professional, legal and regulatory expenses 30 30 28 23 20 — — %%10 50.0 %%
Credit/checkcard expenses18 15 16 15 16 3 20.0 %%2 12.5 %%
FDIC insurance assessments 3 15 20 20 20 (12)(80.0)%%(17)(85.0)%%
Visa class B shares expense8 8 4 7 6 — — %%2 33.3 %%
Operational losses 9 18 13 13 16 (9)(50.0)%%(7)(43.8)%%
Branch consolidation, property and equipment charges — (5)— — 1 5 100.0 %%(1)(100.0)%%
Other miscellaneous expenses108 103 93 97 101 5 4.9 %%7 6.9 %%
Total non-interest expense$1,098 $1,103 $1,073 $1,039 $1,038 $(5)(0.5)%%$60 5.8 %%
Salaries and Benefits Expense
Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Salaries and employee benefits$662 $671 $658 $625 $617 $(9)(1.3)%%$45 7.3 %%
Less: Market value adjustments on 401(k) liabilities (1)
6 13 16 (1)(1)(7)(53.8)%%7NM
Salaries and employee benefits less market value adjustments on employee benefits liabilities$656 $658 $642 $626 $618 $(2)(0.3)%%$38 6.1 %%

Twelve Months EndedYear-to-Date Change 12/31/2025 vs. 12/31/2024
($ amounts in millions)12/31/202512/31/2024AmountPercent
Salaries and employee benefits $2,616 $2,529 $87 3.4 %%
Equipment and software expense421 406 15 3.7 %%
Net occupancy expense288 278 10 3.6 %%
Outside services166 162 4 2.5 %%
Marketing113 110 3 2.7 %%
Professional, legal and regulatory expenses 111 94 17 18.1 %%
Credit/checkcard expenses64 59 5 8.5 %%
FDIC insurance assessments 58 109 (51)(46.8)%%
Visa class B shares expense27 32 (5)(15.6)%%
Operational losses53 95 (42)(44.2)%%
Branch consolidation, property and equipment charges (5)3 (8)(266.7)%%
Other miscellaneous expenses401 365 36 9.9 %%
Total non-interest expense$4,313 $4,242 $71 1.7 %%
Salaries and Benefits Expense
Twelve Months EndedYear-to-Date Change 12/31/2025 vs. 12/31/2024
($ amounts in millions)12/31/202512/31/2024AmountPercent
Salaries and employee benefits$2,616 $2,529 $87 3.4 %%
Less: Market value adjustments on 401(k) liabilities (1)
34 33 1 3.0 %%
Salaries and employee benefits less market value adjustments on employee benefits liabilities$2,582 $2,496 $86 3.4 %%


16
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth 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) 12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Non-interest expense (GAAP)A$1,098 $1,103 $1,073 $1,039 $1,038 $(5)(0.5)%%$60 5.8 %%
Adjustments:
FDIC insurance special assessment 14 3 1 (1)2 11 366.7 %%12 NM
Branch consolidation, property and equipment charges — 5 — — (1)(5)(100.0)%%1 100.0 %%
Salaries and employee benefits—severance charges— — (1)(1)(10)— NM10 100.0 %%
Professional, legal and regulatory expenses— — — (2)— — NM— NM
Adjusted non-interest expense (non-GAAP)B$1,112 $1,111 $1,073 $1,035 $1,029 $1 0.1 %%$83 8.1 %%
Net interest income (GAAP)C$1,281 $1,257 $1,259 $1,194 $1,230 $24 1.9 %%$51 4.1 %%
Taxable-equivalent adjustment13 12 12 12 13 1 8.3 %%— — %%
Net interest income, taxable-equivalent basis (GAAP)D$1,294 $1,269 $1,271 $1,206 $1,243 $25 2.0 %%$51 4.1 %%
Non-interest income (GAAP)E$640 $659 $646 $590 $585 $(19)(2.9)%%$55 9.4 %%
Adjustments:
Securities (gains) losses, net— 25 — 25 30 (25)(100.0)%%(30)(100.0)%%
Adjusted non-interest income (non-GAAP)F$640 $684 $646 $615 $615 $(44)(6.4)%%$25 4.1 %%
Total revenue (GAAP)C+E=G$1,921 $1,916 $1,905 $1,784 $1,815 $5 0.3 %%$106 5.8 %%
Adjusted total revenue (non-GAAP)C+F=H$1,921 $1,941 $1,905 $1,809 $1,845 $(20)(1.0)%%$76 4.1 %%
Total revenue, taxable-equivalent basis (GAAP)D+E=I$1,934 $1,928 $1,917 $1,796 $1,828 $6 0.3 %%$106 5.8 %%
Adjusted total revenue, taxable-equivalent basis (non-GAAP)D+F=J$1,934 $1,953 $1,917 $1,821 $1,858 $(19)(1.0)%%$76 4.1 %%
Operating leverage ratio (GAAP) (1)
I-A0.7 %%— %%
Adjusted operating leverage ratio (non-GAAP) (1)
J-B(1.1)%%(3.9)%%
Efficiency ratio (GAAP) (1)
A/I56.8 %%57.2 %%56.0 %%57.9 %%56.8 %%
Adjusted efficiency ratio (non-GAAP) (1)
B/J57.5 %%56.9 %%56.0 %%56.8 %%55.4 %%
Fee income ratio (GAAP) (1)
E/I33.1 %%34.2 %%33.7 %%32.9 %%32.0 %%
Adjusted fee income ratio (non-GAAP) (1)
F/J33.1 %%35.0 %%33.7 %%33.8 %%33.1 %%
________
NM - Not Meaningful
(1) Amounts have been calculated using whole dollar values.






17
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth 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)
Twelve Months Ended December 31
($ amounts in millions)202520242025 vs. 2024
Non-interest expense (GAAP)A$4,313 $4,242 $71 1.7 %%
Adjustments:
FDIC insurance special assessment17 (16)33 206.3 %%
Branch consolidation, property and equipment charges5 (3)8 266.7 %%
Salaries and employee benefits—severance charges(2)(30)28 93.3 %%
Professional, legal and regulatory expenses (2)(3)1 33.3 %%
Other miscellaneous expenses (1)
— 37 (37)(100.0)%%
Adjusted non-interest expense (non-GAAP)B$4,331 $4,227 $104 2.5 %%
Net interest income (GAAP) C$4,991 $4,818 $173 3.6 %%
Taxable-equivalent adjustment49 50 (1)(2.0)%%
Net interest income, taxable-equivalent basisD$5,040 $4,868 $172 3.5 %%
Non-interest income (GAAP)E$2,535 $2,265 $270 11.9 %%
Adjustments:
Securities (gains) losses, net50 208 (158)(76.0)%%
Adjusted non-interest income (non-GAAP)F$2,585 $2,473 $112 4.5 %%
Total revenue (GAAP)C+E= G$7,526 $7,083 $443 6.3 %%
Adjusted total revenue (non-GAAP)C+F=H$7,576 $7,291 $285 3.9 %%
Total revenue, taxable-equivalent basis (GAAP)D+E=I$7,575 $7,133 $442 6.2 %%
Adjusted total revenue, taxable-equivalent basis (non-GAAP)D+F=J$7,625 $7,341 $284 3.9 %%
Operating leverage ratio (GAAP) (2)
I-A4.5 %%
Adjusted operating leverage ratio (non-GAAP) (2)
J-B1.4 %%
Efficiency ratio (GAAP) (2)
A/I56.9 %%59.5 %%
Adjusted efficiency ratio (non-GAAP) (2)
B/J56.8 %%57.6 %%
Fee income ratio (GAAP) (2)
E/I33.5 %%31.8 %%
Adjusted fee income ratio (non-GAAP) (2)
F/J33.9 %%33.7 %%
______
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.





18
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth 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)12/31/20259/30/20256/30/20253/31/202512/31/20244Q25 vs. 3Q254Q25 vs. 4Q24
Net income available to common shareholders (GAAP)A$514 $548 $534 $465 $508 $(34)(6.2)%%$6 1.2 %%
Adjustments:
Securities (gains) losses, net— 25 — 25 30 (25)(100.0)%%(30)(100.0)%%
FDIC insurance special assessment(14)(3)(1)1 (2)(11)(366.7)%%(12)NM
Salaries and employee benefits—severance charges— — 1 1 10 — NM(10)(100.0)%%
Branch consolidation, property and equipment charges— (5)— — 1 5 100.0 %%(1)(100.0)%%
Professional, legal and regulatory expenses— — — 2 — — NM— NM
Preferred stock redemption expense (1)
— — 4 — — — NM— NM
Total adjustments(14)17 4 29 39 $(31)(182.4)%%$(53)(135.9)%%
Tax impact of adjusted items (2)
4 (4)— (7)(9)8 200.0 %%13 144.4 %%
Adjusted net income available to common shareholders (non-GAAP)B$504 $561 $538 $487 $538 $(57)(10.2)%%$(34)(6.3)%%
Weighted-average diluted sharesC880 894 900 910 915 
Diluted EPS (GAAP) (3)
A/C$0.58 $0.61 $0.59 $0.51 $0.56 $(0.03)(4.9)%%$0.02 3.6 %%
Adjusted diluted EPS (non-GAAP) (3)
B/C$0.57 $0.63 $0.60 $0.54 $0.59 $(0.06)(9.5)%%$(0.02)(3.4)%%
Average shareholders' equity (GAAP)18,986 18,688 18,350 18,127 18,042 298 1.6 %%944 5.2 %%
Less: Average preferred stock (GAAP)1,369 1,369 1,513 1,715 1,715 — — %%(346)(20.2)%%
Average common shareholders' equity (GAAP)D17,617 17,319 16,837 16,412 16,327 298 1.7 %%1,290 7.9 %%
Less:
  Average intangible assets (GAAP)5,876 5,883 5,891 5,899 5,907 (7)(0.1)%%(31)(0.5)%%
  Average deferred tax liability related to intangibles (GAAP)(135)(131)(127)(126)(123)(4)(3.1)%%(12)(9.8)%%
Average tangible common shareholders' equity (non-GAAP)E$11,876 $11,567 $11,073 $10,639 $10,543 309 2.7 %%1,333 12.6 %%
Return on average common shareholders' equity (GAAP) (3)*
A/D11.58 %%12.56 %%12.72 %%11.49 %%12.39 %%
Return on average tangible common shareholders' equity (non-GAAP) (3)*
A/E17.17 %%18.81 %%19.34 %%17.72 %%19.19 %%
Adjusted return on average tangible common shareholders' equity (non-GAAP) (3)*
B/E16.84 %%19.24 %%19.48 %%18.58 %%20.30 %%
_______
*Annualized
NM - Not Meaningful
(1) In the second quarter of 2025, the Company redeemed its Series D preferred stock. The initial issuance costs reduced net income to common shareholders when the shares were redeemed. This is a non-taxable expense.
(2) Unless separately noted, the tax impact for adjustments has been calculated using a nominal tax rate of 25 percent.
(3) Amounts calculated based upon whole dollar values.
19
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Twelve Months Ended December 31
202520242025 vs. 2024
($ amounts in millions)
Net income available to common shareholders (GAAP)A$2,061 $1,774 $287 16.2 %%
Adjustments:
Securities (gains) losses, net50 208 (158)(76.0)%%
FDIC insurance special assessment(17)16 (33)(206.3)%%
Salaries and employee benefits—severance charges2 30 (28)(93.3)%%
Branch consolidation, property and equipment charges(5)3 (8)(266.7)%%
Professional, legal and regulatory expenses2 3 (1)(33.3)%%
Other miscellaneous expenses (1)
— (37)37 (100.0)%%
Preferred stock redemption expense (2)
4 15 (11)(73.3)%%
Total adjustments36 238 (202)(84.9)%%
Tax impact of adjusted items (3)
(7)(60)53 88.3 %%
Adjusted net income available to common shareholders (non-GAAP)B2,090 1,952 138 7.1 %%
Weighted-average diluted sharesC896 918 (22)(2.4)%%
Diluted EPS (GAAP) (4)
A/C$2.30 $1.93 0.37 19.2 %%
Adjusted diluted EPS (non-GAAP) (4)
B/C$2.33 $2.13 0.20 9.4 %%
Average shareholders' equity (GAAP)$18,541 $17,484 1,057 6.0 %%
Less: Average preferred stock (GAAP)1,491 1,693 (202)(11.9)%%
Average common shareholders' equity (GAAP)D$17,050 $15,791 1,259 8.0 %%
Less:
Average intangible assets (GAAP)5,887 5,920 (33)(0.6)%%
Average deferred tax liability related to intangibles (GAAP)(130)(117)(13)(11.1)%%
Average tangible common shareholders' equity (non-GAAP)E11,293 9,988 1,305 13.1 %%
Return on average common shareholders' equity (GAAP) (4)
A/D12.09 %%11.24 %%
Return on average tangible common shareholders' equity (non-GAAP) (4)
A/E18.25 %%17.77 %%
Adjusted return on average tangible common shareholders' equity (non-GAAP) (4)
B/E18.51 %%19.55 %%
_______
NM - Not Meaningful
(1) A portion of this item was non-taxable.
(2) In the second quarter of 2025 and the third quarter of 2024, the Company redeemed its Series D preferred stock and Series B preferred stock, respectively. The initial issuance costs reduced net income to common shareholders when the shares were redeemed. This is a non-taxable expense.
(3) Unless separately noted, the tax impact for adjustments has been calculated using a nominal tax rate of 25 percent.
(4) Amounts calculated based upon whole dollar values.
20
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures
Tangible Common Ratios
The following table provides a reconciliation of shareholders’ equity (GAAP) to tangible common shareholders’ equity (non-GAAP) and the calculations of the end of period “tangible common shareholders’ equity to tangible assets” and "tangible common book value per share" ratios (non-GAAP). Since analysts and banking regulators may assess Regions’ capital adequacy using tangible common shareholders' equity, management believes that it is useful to provide investors the ability to assess Regions’ capital adequacy on this same basis.
As of and for Quarter Ended
($ amounts in millions, except per share data)12/31/20259/30/20256/30/20253/31/202512/31/2024
TANGIBLE COMMON RATIOS
Shareholders’ equity (GAAP)A$19,043 $19,049 $18,666 $18,530 $17,879 
Less: Preferred stock (GAAP)1,369 1,369 1,369 1,715 1,715 
Common shareholders' equity (GAAP)B17,674 17,680 17,297 16,815 16,164 
Less:
Intangible assets (GAAP)5,873 5,879 5,886 5,894 5,902 
Deferred tax liability related to intangibles (GAAP)(138)(133)(130)(126)(126)
Tangible common shareholders’ equity (non-GAAP)C$11,939 $11,934 $11,541 $11,047 $10,388 
Total assets (GAAP)D$159,553 $159,940 $159,206 $159,846 $157,302 
Less:
Intangible assets (GAAP)5,873 5,879 5,886 5,894 5,902 
Deferred tax liability related to intangibles (GAAP)(138)(133)(130)(126)(126)
Tangible assets (non-GAAP)E$153,818 $154,194 $153,450 $154,078 $151,526 
Shares outstanding—end of quarterF868 885 894 899 909 
Total equity to total assets (GAAP) (1)
A/D11.94 %%11.91 %%11.72 %%11.59 %%11.37 %%
Tangible common shareholders’ equity to tangible assets (non-GAAP) (1)
C/E7.76 %%7.74 %%7.52 %%7.17 %%6.86 %%
Common book value per share (GAAP) (1)
B/F$20.36 $19.98 $19.35 $18.70 $17.77 
Tangible common book value per share (non-GAAP) (1)
C/F$13.75 $13.49 $12.91 $12.29 $11.42 
____
(1)Amounts have been calculated using whole dollar values.


Common equity Tier 1 (CET1) Ratios

The following table presents CET1 and CET1 adjusted to include certain components of AOCI (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)12/31/20259/30/20256/30/20253/31/202512/31/2024
CET1 RATIOS
Common equity Tier 1 (1)
A$13,486$13,620 $13,533 $13,355 $13,434 
Adjustments:
AOCI loss on securities (2)
(1,076)(1,241)(1,485)(1,645)(2,024)
AOCI loss on defined benefit pension plans and other post employment benefits(391)(396)(401)(406)(410)
Common equity Tier 1 (inclusive of AOCI) (non-GAAP)B$12,019 $11,983 $11,647 $11,304 $11,000 
Total risk-weighted assets (1)
C$125,311$125,386 $125,755 $123,755 $124,440 
Common equity Tier 1 ratio (1)(3)
A/C10.8 %%10.9 %%10.8 %%10.8 %%10.8 %%
Common equity Tier 1 ratio (inclusive of AOCI) (non-GAAP) (1)(3)
B/C9.6 %%9.6 %%9.3 %%9.1 %%8.8 %%
____
(1)Current quarter Common equity Tier 1 as well as Total risk-weighted assets are estimated.
(2)Represents AOCI loss on both available for sale and held to maturity securities.
(3)Amounts have been calculated using whole dollar values.

21
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Asset Quality
As of and for Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/2024
Beginning allowance for loan losses (ALL)$1,581 $1,612 $1,613 $1,613 $1,607 
Loans charged-off:
Commercial and industrial92 57 70 57 65 
Commercial real estate mortgage—owner-occupied1 1 — 2 2 
Total commercial93 58 70 59 67 
Commercial investor real estate mortgage4 34 2 22 25 
Total investor real estate4 34 2 22 25 
Residential first mortgage— 1 1 — 1 
Home equity—lines of credit— — 1 — — 
Home equity—closed-end1 — — — — 
Consumer credit card17 16 17 17 16 
Other consumer52 51 42 47 45 
Total consumer70 68 61 64 62 
Total167 160 133 145 154 
Recoveries of loans previously charged-off:
Commercial and industrial11 10 10 11 26 
Commercial real estate mortgage—owner-occupied— 1 — — 1 
Commercial real estate construction—owner-occupied— — — 1 — 
Total commercial11 11 10 12 27 
Commercial investor real estate mortgage1 2 — — 1 
Total investor real estate1 2 — — 1 
Residential first mortgage1 — 1 — — 
Home equity—lines of credit1 1 2 — 1 
Home equity—closed-end1 — — — — 
Consumer credit card2 2 2 3 2 
Other consumer8 9 5 7 4 
Total consumer13 12 10 10 7 
Total25 25 20 22 35 
Net charge-offs (recoveries):
Commercial and industrial81 47 60 46 39 
Commercial real estate mortgage—owner-occupied1 — — 2 1 
Commercial real estate construction—owner-occupied— — — (1)— 
Total commercial82 47 60 47 40 
Commercial investor real estate mortgage3 32 2 22 24 
Total investor real estate3 32 2 22 24 
Residential first mortgage(1)1 — — 1 
Home equity—lines of credit(1)(1)(1)— (1)
Consumer credit card15 14 15 14 14 
Other consumer44 42 37 40 41 
Total consumer57 56 51 54 55 
Total142 135 113 123 119 
Provision for loan losses117 104 112 123 125 
Ending allowance for loan losses (ALL)1,556 1,581 1,612 1,613 1,613 
Beginning reserve for unfunded credit commitments132 131 117 116 121 
Provision for (benefit from) unfunded credit losses(2)1 14 1 (5)
Ending reserve for unfunded commitments130 132 131 117 116 
Allowance for credit losses (ACL) at period end$1,686 $1,713 $1,743 $1,730 $1,729 
22
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Asset Quality (continued)
As of and for Quarter Ended
($ amounts in millions)12/31/20259/30/20256/30/20253/31/202512/31/2024
Net loan charge-offs as a % of average loans, annualized (1):
Commercial and industrial0.66 %%0.37 %%0.49 %%0.38 %%0.31 %%
Commercial real estate mortgage—owner-occupied0.02 %%0.04 %%— %%0.14 %%0.10 %%
Commercial real estate construction—owner-occupied(0.07)%%(0.01)%%(0.01)%%(0.84)%%(0.01)%%
Total commercial0.60 %%0.34 %%0.45 %%0.35 %%0.29 %%
Commercial investor real estate mortgage0.15 %%1.82 %%0.10 %%1.38 %%1.49 %%
Total investor real estate0.12 %%1.41 %%0.07 %%1.02 %%1.12 %%
Residential first mortgage— %%0.01 %%— %%— %%— %%
Home equity—lines of credit(0.10)%%(0.12)%%(0.05)%%(0.04)%%(0.01)%%
Home equity—closed-end— %%(0.01)%%(0.01)%%(0.01)%%(0.03)%%
Consumer credit card4.08 %%3.94 %%4.24 %%4.18 %%3.94 %%
Other consumer2.97 %%2.83 %%2.50 %%2.68 %%2.66 %%
Total consumer0.70 %%0.67 %%0.63 %%0.66 %%0.66 %%
Total0.59 %%0.55 %%0.47 %%0.52 %%0.49 %%
Non-performing loans, excluding loans held for sale$698 $758 $776 $843 $928 
Non-performing loans held for sale— 12 16 26 — 
Non-performing loans, including loans held for sale698 770 792 869 928 
Foreclosed properties17 18 16 15 14 
Non-performing assets (NPAs)$715 $788 $808 $884 $942 
Loans past due > 90 days (2)
$180 $154 $171 $179 $166 
Criticized loans—business (3)
$3,342 $3,682 $4,608 $4,918 $4,716 
Credit Ratios (1):
ACL/Loans, net1.76 %%1.78 %%1.80 %%1.81 %%1.79 %%
ALL/Loans, net1.63 %%1.64 %%1.67 %%1.69 %%1.67 %%
Allowance for credit losses to non-performing loans, excluding loans held for sale242 %%226 %%225 %%205 %%186 %%
Allowance for loan losses to non-performing loans, excluding loans held for sale223 %%208 %%208 %%191 %%174 %%
Non-performing loans, excluding loans held for sale/Loans, net0.73 %%0.79 %%0.80 %%0.88 %%0.96 %%
NPAs (ex. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale0.75 %%0.82 %%0.84 %%0.92 %%0.97 %%
NPAs (inc. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale (2)
0.94 %%0.98 %%1.01 %%1.11 %%1.15 %%
(1)Amounts have been calculated using whole dollar values.
(2)Excludes guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 24 for amounts related to these loans.
(3)Business represents the combined total of commercial and investor real estate loans.
Allowance for Credit Losses
Twelve Months Ended December 31
($ amounts in millions)20252024
Balance at January 1$1,729 $1,700 
Net charge-offs513 458 
Provision for loan losses456 495 
Provision for unfunded credit losses14 (8)
Balance at December 31
$1,686 $1,729 
Net loan charge-offs as a % of average loans, annualized (GAAP) (1)
0.53 %%0.47 %%
(1)Amounts have been calculated using whole dollar values.



23
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth Quarter 2025 Earnings Release
Non-Performing Loans (excludes loans held for sale)
 As of
($ amounts in millions, %'s calculated using whole dollar values)12/31/20259/30/20256/30/20253/31/202512/31/2024
Commercial and industrial$474 0.97 %%$524 1.06 %%$391 0.79 %%$418 0.85 %%$408 0.82 %%
Commercial real estate mortgage—owner-occupied45 0.92 %%41 0.85 %%45 0.92 %%40 0.83 %%37 0.76 %%
Commercial real estate construction—owner-occupied2 0.85 %%1 0.43 %%1 0.46 %%1 0.41 %%5 1.43 %%
Total commercial521 0.97 %%566 1.04 %%437 0.80 %%459 0.85 %%450 0.82 %%
Commercial investor real estate mortgage121 1.69 %%137 1.92 %%283 4.08 %%327 5.14 %%423 6.45 %%
Total investor real estate121 1.33 %%137 1.51 %%283 3.12 %%327 3.71 %%423 4.86 %%
Residential first mortgage25 0.12 %%24 0.12 %%24 0.12 %%25 0.12 %%23 0.12 %%
Home equity—lines of credit24 0.74 %%24 0.73 %%26 0.79 %%26 0.82 %%26 0.81 %%
Home equity—closed-end7 0.32 %%7 0.31 %%6 0.26 %%6 0.27 %%6 0.25 %%
Total consumer56 0.17 %%55 0.17 %%56 0.17 %%57 0.17 %%55 0.17 %%
Total non-performing loans$698 0.73 %%$758 0.79 %%$776 0.80 %%$843 0.88 %%$928 0.96 %%

Early and Late Stage Delinquencies
Accruing 30-89 Days Past Due Loans
As of
($ amounts in millions, %'s calculated using whole dollar values)12/31/20259/30/20256/30/20253/31/202512/31/2024
Commercial and industrial $55 0.11 %%$63 0.13 %%$67 0.14 %%$68 0.14 %%$69 0.14 %%
Commercial real estate mortgage—owner-occupied6 0.11 %%10 0.21 %%8 0.17 %%3 0.07 %%5 0.12 %%
Total commercial61 0.11 %%73 0.13 %%75 0.14 %%71 0.13 %%74 0.14 %%
Commercial investor real estate mortgage— — %%28 0.40 %%— — %%20 0.31 %%— — %%
Commercial investor real estate construction— — %%— — %%1 0.05 %%— — %%— — %%
Total investor real estate— — %%28 0.31 %%1 0.01 %%20 0.23 %%— — %%
Residential first mortgage—non-guaranteed (1)
144 0.74 %%132 0.68 %%114 0.58 %%119 0.61 %%155 0.79 %%
Home equity—lines of credit25 0.79 %%28 0.89 %%25 0.77 %%23 0.72 %%24 0.76 %%
Home equity—closed-end 15 0.62 %%14 0.57 %%11 0.48 %%13 0.56 %%17 0.68 %%
Consumer credit card22 1.48 %%20 1.40 %%20 1.46 %%19 1.37 %%20 1.39 %%
Other consumer75 1.31 %%68 1.18 %%66 1.11 %%68 1.15 %%77 1.26 %%
Total consumer (1)
281 0.88 %%262 0.81 %%236 0.73 %%242 0.75 %%293 0.89 %%
Total accruing 30-89 days past due loans (1)
$342 0.36 %%$363 0.38 %%$312 0.32 %%$333 0.35 %%$367 0.38 %%
Accruing 90+ Days Past Due LoansAs of
($ amounts in millions, %'s calculated using whole dollar values)12/31/20259/30/20256/30/20253/31/202512/31/2024
Commercial and industrial$6 0.01 %%$4 0.01 %%$19 0.04 %%$22 0.05 %%$7 0.01 %%
Commercial real estate mortgage—owner-occupied— 0.01 %%2 0.05 %%1 0.02 %%1 0.01 %%1 0.02 %%
Total commercial6 0.01 %%6 0.01 %%20 0.04 %%23 0.04 %%8 0.01 %%
Residential first mortgage—non-guaranteed (2)
105 0.55 %%84 0.43 %%89 0.46 %%93 0.47 %%88 0.45 %%
Home equity—lines of credit15 0.45 %%14 0.43 %%12 0.38 %%13 0.42 %%16 0.52 %%
Home equity—closed-end 8 0.37 %%7 0.30 %%7 0.30 %%6 0.26 %%7 0.30 %%
Consumer credit card22 1.41 %%20 1.42 %%20 1.39 %%21 1.49 %%20 1.41 %%
Other consumer24 0.40 %%23 0.39 %%23 0.39 %%23 0.38 %%27 0.44 %%
Total consumer (2)
174 0.54 %%148 0.46 %%151 0.47 %%156 0.48 %%158 0.48 %%
Total accruing 90+ days past due loans (2)
$180 0.19 %%$154 0.16 %%$171 0.18 %%$179 0.19 %%$166 0.17 %%
Total delinquencies (1) (2)
$522 0.55 %%$517 0.54 %%$483 0.50 %%$512 0.54 %%$533 0.55 %%
(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; however, includes Ginnie Mae repurchased loans with partial guarantees. Total 30-89 days past due guaranteed loans excluded were $66 million at 12/31/2025, $62 million at 9/30/2025, $57 million at 6/30/2025, $52 million at 3/31/2025, and $62 million at 12/31/2024.
(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; however, includes Ginnie Mae repurchased loans with partial guarantees. Total 90 days or more past due guaranteed loans excluded were $79 million at 12/31/2025, $48 million at 9/30/2025, $44 million at 6/30/2025, $53 million at 3/31/2025, and $55 million at 12/31/2024.
24
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth 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, expressions, and graphics 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, digital wallet providers, and digital currency issuers, 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 adversely 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.
25
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Fourth 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 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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