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Regions Financial Corporation and Subsidiaries
Financial Supplement (unaudited)
Third Quarter 2026





Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 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, and Tangible Common 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 Third Quarter 2026 Earnings Release
Financial Highlights
Quarter Ended
($ amounts in millions, except per share data)9/30/20266/30/20263/31/202612/31/20259/30/2025
Earnings Summary
Interest income - taxable equivalent$1,800 $1,762 $1,715 $1,781 $1,808 
Interest expense - taxable equivalent486 471 454 487 539 
Net interest income - taxable equivalent1,314 1,291 1,261 1,294 1,269 
Less: Taxable-equivalent adjustment16 14 13 13 12 
Net interest income 1,298 1,277 1,248 1,281 1,257 
Provision for credit losses68 68 91 115 105 
Net interest income after provision for credit losses1,230 1,209 1,157 1,166 1,152 
Non-interest income675 630 625 640 659 
Non-interest expense1,118 1,121 1,068 1,098 1,103 
Income before income taxes787 718 714 708 708 
Income tax expense156 148 155 174 139 
Net income$631 $570 $559 $534 $569 
Net income available to common shareholders$611 $549 $539 $514 $548 
Adjusted net income available to common shareholders (non-GAAP) (1)
$622 $583 $539 $504 $561 
Weighted-average shares outstanding—during quarter:
Basic852 854 863 875 890 
Diluted856 857 868 880 894 
Basic earnings per common share $0.72 $0.64 $0.63 $0.59 $0.62 
Diluted earnings per common share $0.71 $0.64 $0.62 $0.58 $0.61 
Adjusted diluted earnings per common share (non-GAAP) (1)
$0.73 $0.68 $0.62 $0.57 $0.63 
Balance Sheet Summary
At quarter-end
Loans, net of unearned income$99,827 $99,200 $97,926 $95,637 $96,125 
Allowance for credit losses(1,609 )(1,613 )(1,647 )(1,686 )(1,713 )
Assets163,213 161,299 160,741 158,814 159,940 
Deposits129,510 130,710 131,880 131,128 130,334 
Long-term borrowings5,982 4,628 3,137 4,134 4,785 
Shareholders' equity17,847 18,840 18,779 19,043 19,049 
Average balances
Loans, net of unearned income$99,183 $98,722 $96,423 $95,651 $96,647 
Assets161,414 161,237 159,287 158,107 159,089 
Deposits129,140 130,691 130,234 129,850 129,575 
Long-term borrowings4,633 3,617 3,750 4,524 5,527 
Shareholders' equity18,489 18,676 19,077 18,986 18,688 
_____
(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 Third Quarter 2026 Earnings Release
Selected Ratios and Other Information
As of and for Quarter Ended
9/30/20266/30/20263/31/202612/31/20259/30/2025
Return on average assets* (1)
1.55 %1.42 %1.42 %1.34 %1.42 %
Return on average common shareholders' equity*14.16 %12.73 %12.35 %11.58 %12.56 %
Return on average tangible common shareholders’ equity (non-GAAP)* (2)
21.27 %19.01 %18.26 %17.17 %18.81 %
Adjusted return on average tangible common shareholders' equity (non-GAAP) *(2)
21.66 %20.18 %18.26 %16.84 %19.24 %
Efficiency ratio56.2 %58.3 %56.6 %56.8 %57.2 %
Adjusted efficiency ratio (non-GAAP) (2)
55.8 %56.9 %56.6 %57.5 %56.9 %
Dividend payout ratio (3)
41.8 %41.2 %42.3 %44.8 %43.0 %
Common book value per share$19.38 $20.48 $20.39 $20.36 $19.98 
Tangible common book value per share (non-GAAP) (2)
$12.65 $13.78 $13.69 $13.75 $13.49 
Total shareholders' equity to total assets10.93 %11.68 %11.68 %11.99 %11.91 %
Tangible common shareholders’ equity to tangible assets (non-GAAP) (2)
6.83 %7.55 %7.54 %7.80 %7.74 %
Common Equity Tier 1 (4)
$13,968$13,692 $13,419 $13,490 $13,620 
Total risk-weighted assets (4)
$129,237$127,748 $125,682 $123,882 $125,386 
Common Equity Tier 1 ratio (4)
10.8 %10.7 %10.7 %10.9 %10.9 %
Tier 1 capital ratio (4)
11.9 %11.8 %11.8 %12.0 %12.0 %
Total risk-based capital ratio (4)
13.7 %13.7 %13.6 %13.9 %13.8 %
Leverage ratio (4)
9.8 %9.7 %9.6 %9.7 %9.7 %
Effective tax rate 19.8 %20.7 %21.6 %24.5 %19.7 %
Allowance for credit losses as a percentage of loans, net of unearned income1.61 %1.63 %1.68 %1.76 %1.78 %
Allowance for credit losses to non-performing loans, excluding loans held for sale 275 %241 %238 %242 %226 %
Net interest margin (FTE)* 3.68 %3.66 %3.67 %3.70 %3.59 %
Loans, net of unearned income, to total deposits77.1 %75.9 %74.3 %72.9 %73.8 %
Net charge-offs as a percentage of average loans*0.29 %0.42 %0.54 %0.59 %0.55 %
Business criticized loans to total business loans4.71 %5.01 %5.15 %5.31 %5.81 %
Non-performing loans, excluding loans held for sale, as a percentage of loans0.59 %0.67 %0.71 %0.73 %0.79 %
Non-performing assets (excluding loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale0.62 %0.69 %0.73 %0.75 %0.82 %
Non-performing assets (including loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale (5)
0.78 %0.85 %0.90 %0.94 %0.98 %
Associate headcount—full-time equivalent 19,968 20,003 19,910 19,969 19,675 
ATMs 1,775 1,777 1,779 1,786 1,874 
Branch Statistics
Full service1,221 1,221 1,221 1,222 1,223 
Drive-through/transaction service only25 25 25 25 25 
Total branch outlets1,246 1,246 1,246 1,247 1,248 
*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 20.
(3)Dividend payout ratio reflects dividends declared within the applicable period.
(4)Current quarter Common equity Tier 1, 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 23 for amounts related to these loans.

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Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Consolidated Balance Sheets
As of
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/2025
Assets:
Cash and due from banks$2,867 $3,177 $3,445 $3,112 $3,073 
Interest-bearing deposits in other banks7,462 6,749 7,698 7,795 9,026 
Debt securities held to maturity5,062 5,271 5,434 5,606 5,769 
Debt securities available for sale26,389 27,388 27,419 27,560 26,886 
Loans held for sale491 591 464 511 573 
Loans, net of unearned income 99,827 99,200 97,926 95,637 96,125 
Allowance for loan losses
(1,489)(1,489)(1,527)(1,556)(1,581)
Net loans98,338 97,711 96,399 94,081 94,544 
Other earning assets1,829 1,574 1,635 1,703 1,513 
Premises and equipment, net1,708 1,704 1,666 1,659 1,742 
Interest receivable506 495 569 571 574 
Goodwill5,748 5,733 5,733 5,733 5,733 
Residential mortgage servicing rights at fair value (MSRs)1,195 958 954 970 976 
Other identifiable intangible assets, net120 126 133 140 146 
Other assets11,498 9,822 9,192 9,373 9,385 
Total assets$163,213 $161,299 $160,741 $158,814 $159,940 
Liabilities and Equity:
Deposits:
Non-interest-bearing$40,783 $40,538 $40,062 $39,530 $39,768 
Interest-bearing88,727 90,172 91,818 91,598 90,566 
Total deposits129,510 130,710 131,880 131,128 130,334 
Borrowed funds:
Federal funds purchased and securities sold under agreements to repurchase500 200 1,200 — — 
Other short-term borrowings4,000 2,800 2,000 750 1,300 
Short-term borrowings4,500 3,000 3,200 750 1,300 
Long-term borrowings5,982 4,628 3,137 4,134 4,785 
Other liabilities5,255 4,050 3,680 3,699 4,426 
Total liabilities145,247 142,388 141,897 139,711 140,845 
Equity:
Preferred stock, non-cumulative perpetual1,369 1,369 1,369 1,369 1,369 
Common stock9 9 9 9 9 
Additional paid-in capital9,841 9,915 9,973 10,366 10,780 
Retained earnings11,196 10,840 10,517 10,205 9,922 
Treasury stock, at cost(1,371)(1,371)(1,371)(1,371)(1,371)
Accumulated other comprehensive income (loss), net(3,197)(1,922)(1,718)(1,535)(1,660)
Total shareholders’ equity17,847 18,840 18,779 19,043 19,049 
Noncontrolling interest
119 71 65 60 46 
Total equity
17,966 18,911 18,844 19,103 19,095 
Total liabilities and equity$163,213 $161,299 $160,741 $158,814 $159,940 







3
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
End of Period Loans
As of
9/30/20269/30/2026
($ amounts in millions, net of unearned income)9/30/20266/30/20263/31/202612/31/20259/30/2025 vs. 6/30/2026 vs. 9/30/2025
Commercial and industrial$52,409 $51,841 $50,824 $48,790 $49,234 $568 1.1 %$3,175 6.4 %
Commercial real estate mortgage—owner-occupied5,072 5,127 5,004 4,845 4,835 (55)(1.1)%237 4.9 %
Commercial real estate construction—owner-occupied296 267 261 263 285 29 10.9 %11 3.9 %
Total commercial57,777 57,235 56,089 53,898 54,354 542 0.9 %3,423 6.3 %
Commercial investor real estate mortgage 8,159 7,896 7,706 7,172 7,122 263 3.3 %1,037 14.6 %
Commercial investor real estate construction2,052 2,073 1,938 1,934 1,948 (21)(1.0)%104 5.3 %
Total investor real estate10,211 9,969 9,644 9,106 9,070 242 2.4 %1,141 12.6 %
Total business67,988 67,204 65,733 63,004 63,424 784 1.2 %4,564 7.2 %
Residential first mortgage19,376 19,498 19,621 19,765 19,881 (122)(0.6)%(505)(2.5)%
Home equity—lines of credit (1)
3,277 3,241 3,210 3,232 3,209 36 1.1 %68 2.1 %
Home equity—closed-end (2)
2,260 2,263 2,287 2,324 2,340 (3)(0.1)%(80)(3.4)%
Consumer credit card1,512 1,498 1,472 1,519 1,437 14 0.9 %75 5.2 %
Other consumer (3)
5,414 5,496 5,603 5,793 5,834 (82)(1.5)%(420)(7.2)%
Total consumer31,839 31,996 32,193 32,633 32,701 (157)(0.5)%(862)(2.6)%
Total Loans$99,827 $99,200 $97,926 $95,637 $96,125 $627 0.6 %$3,702 3.9 %
______
(1)     The balance of Regions' home equity lines of credit consists of $1,407 million of first lien and $1,870 million of second lien at 9/30/2026.
(2)    The balance of Regions' closed-end home equity loans consists of $1,651 million of first lien and $609 million of second lien at 9/30/2026.
(3)    Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $4.6 billion at 9/30/2026, $4.7 billion at 6/30/2026, $4.8 billion at 3/31/2026, $4.9 billion at 12/31/2025 and $5.0 billion at 9/30/2025.

As of
End of Period Loans by Percentage(1)
9/30/20266/30/20263/31/202612/31/20259/30/2025
Commercial and industrial52.5 %52.3 %51.9 %51.0 %51.2 %
Commercial real estate mortgage—owner-occupied5.1 %5.2 %5.1 %5.1 %5.0 %
Commercial real estate construction—owner-occupied0.3 %0.3 %0.3 %0.3 %0.3 %
Total commercial57.9 %57.7 %57.3 %56.4 %56.5 %
Commercial investor real estate mortgage8.2 %8.0 %7.8 %7.5 %7.4 %
Commercial investor real estate construction2.1 %2.1 %2.0 %2.0 %2.0 %
Total investor real estate10.2 %10.0 %9.8 %9.5 %9.4 %
Total business68.1 %67.7 %67.1 %65.9 %66.0 %
Residential first mortgage19.4 %19.7 %20.1 %20.7 %20.7 %
Home equity—lines of credit 3.3 %3.3 %3.3 %3.4 %3.3 %
Home equity—closed-end 2.3 %2.3 %2.3 %2.4 %2.4 %
Consumer credit card1.5 %1.5 %1.5 %1.6 %1.5 %
Other consumer5.4 %5.5 %5.7 %6.1 %6.1 %
Total consumer31.9 %32.3 %32.9 %34.1 %34.0 %
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 Third Quarter 2026 Earnings Release
Average Balances of Loans
Average Balances
($ amounts in millions, net of unearned income)3Q262Q261Q264Q253Q253Q26 vs. 2Q263Q26 vs. 3Q25
Commercial and industrial$51,910 $51,504 $49,572 $48,769 $49,588 $406 0.8 %$2,322 4.7 %
Commercial real estate mortgage—owner-occupied5,074 5,089 4,887 4,866 4,860 (15)(0.3)%214 4.4 %
Commercial real estate construction—owner-occupied286 253 259 260 274 33 13.0 %12 4.4 %
Total commercial57,270 56,846 54,718 53,895 54,722 424 0.7 %2,548 4.7 %
Commercial investor real estate mortgage7,940 7,798 7,381 7,210 7,087 142 1.8 %853 12.0 %
Commercial investor real estate construction2,052 1,991 1,946 1,906 2,051 61 3.1 %1 — %
Total investor real estate9,992 9,789 9,327 9,116 9,138 203 2.1 %854 9.3 %
Total business 67,262 66,635 64,045 63,011 63,860 627 0.9 %3,402 5.3 %
Residential first mortgage19,423 19,551 19,674 19,822 19,944 (128)(0.7)%(521)(2.6)%
Home equity—lines of credit3,256 3,226 3,216 3,219 3,197 30 0.9 %59 1.8 %
Home equity—closed-end2,255 2,270 2,298 2,327 2,341 (15)(0.7)%(86)(3.7)%
Consumer credit card1,492 1,474 1,473 1,458 1,420 18 1.2 %72 5.1 %
Other consumer (1)
5,495 5,566 5,717 5,814 5,885 (71)(1.3)%(390)(6.6)%
Total consumer31,921 32,087 32,378 32,640 32,787 (166)(0.5)%(866)(2.6)%
Total Loans$99,183 $98,722 $96,423 $95,651 $96,647 $461 0.5 %$2,536 2.6 %

Average Balances
Nine Months Ended September 30
($ amounts in millions, net of unearned income)202620252026 vs. 2025
Commercial and industrial$51,004 $49,278 $1,726 3.5 %
Commercial real estate mortgage—owner-occupied5,018 4,874 144 3.0 %
Commercial real estate construction—owner-occupied266 287 (21)(7.3)%
Total commercial56,288 54,439 1,849 3.4 %
Commercial investor real estate mortgage7,708 6,794 914 13.5 %
Commercial investor real estate construction1,997 2,173 (176)(8.1)%
Total investor real estate9,705 8,967 738 8.2 %
Total business 65,993 63,406 2,587 4.1 %
Residential first mortgage19,548 19,991 (443)(2.2)%
Home equity—lines of credit3,233 3,167 66 2.1 %
Home equity—closed-end2,274 2,357 (83)(3.5)%
Consumer credit card1,480 1,404 76 5.4 %
Other consumer (1)
5,591 5,959 (368)(6.2)%
Total consumer32,126 32,878 (752)(2.3)%
Total Loans$98,119 $96,284 $1,835 1.9 %
_____
(1)    Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $4.6 billion at 9/30/2026, $4.7 billion at 6/30/2026, $4.8 billion at 3/31/2026, $4.9 billion at 12/31/2025 and $5.0 billion at 9/30/2025 (on a quarter-to-date basis); and balances of $4.7 billion at 9/30/2026 and $5.1 billion at 9/30/2025 (on a year-to-date basis).


5
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
End of Period Deposits
As of
9/30/20269/30/2026
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/2025 vs. 6/30/2026 vs. 9/30/2025
Non-interest-bearing deposits$40,783 $40,538 $40,062 $39,530 $39,768 $2450.6%$1,0152.6%
Interest-bearing checking23,801 25,001 25,017 25,677 24,669 (1,200)(4.8)%(868)(3.5)%
Savings12,075 12,277 12,405 11,914 11,944 (202)(1.6)%1311.1%
Money market—domestic40,170 39,974 41,288 40,119 39,051 1960.5%1,1192.9%
Time deposits12,681 12,920 13,108 13,888 14,902 (239)(1.8)%(2,221)(14.9)%
Total Deposits$129,510 $130,710 $131,880 $131,128 $130,334 $(1,200)(0.9)%$(824)(0.6)%
As of
9/30/20269/30/2026
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/2025 vs. 6/30/2026 vs. 9/30/2025
Consumer Bank Segment$80,975 $80,972 $81,271 $80,193 $79,689 $3—%$1,2861.6%
Corporate Bank Segment39,270 39,952 40,574 40,449 40,415 (682)(1.7)%(1,145)(2.8)%
Wealth Management Segment7,437 7,466 7,750 8,344 7,654 (29)(0.4)%(217)(2.8)%
Other (1)
1,828 2,320 2,285 2,142 2,576 (492)(21.2)%(748)(29.0)%
Total Deposits$129,510 $130,710 $131,880 $131,128 $130,334 $(1,200)(0.9)%$(824)(0.6)%
As of
9/30/20269/30/2026
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/2025 vs. 6/30/2026 vs. 9/30/2025
Wealth Management - Private Wealth$6,612 $6,547 $6,741 $7,149 $6,698 $651.0%$(86)(1.3)%
Wealth Management - Institutional Services825 919 1,009 1,195 956 (94)(10.2)%(131)(13.7)%
Total Wealth Management Segment Deposits$7,437 $7,466 $7,750 $8,344 $7,654 $(29)(0.4)%$(217)(2.8)%

As of
End of Period Deposits by Percentage9/30/20266/30/20263/31/202612/31/20259/30/2025
Non-interest-bearing deposits31.5 %31.0 %30.4 %30.1 %30.5 %
Interest-bearing checking18.4 %19.1 %19.0 %19.6 %18.9 %
Savings9.3 %9.4 %9.4 %9.1 %9.2 %
Money market—domestic31.0 %30.6 %31.3 %30.6 %30.0 %
Time deposits9.8 %9.9 %9.9 %10.6 %11.4 %
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 $1.0 billion at 9/30/2026, $1.6 billion at 6/30/2026, $1.5 billion at 3/31/2026, $1.3 billion at 12/31/2025 and $1.8 billion at 9/30/2025.










6
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Average Balances of Deposits
Average Balances
($ amounts in millions)3Q262Q261Q264Q253Q253Q26 vs. 2Q263Q26 vs. 3Q25
Non-interest-bearing deposits$39,776 $39,738 $39,160 $39,459 $39,538 $38 0.1 %$238 0.6 %
Interest-bearing checking24,513 25,121 25,245 24,528 24,274 (608)(2.4)%239 1.0 %
Savings12,147 12,355 12,075 11,876 12,046 (208)(1.7)%101 0.8 %
Money market—domestic 39,922 40,382 40,366 39,591 38,593 (460)(1.1)%1,329 3.4 %
Time deposits12,782 13,095 13,388 14,396 15,124 (313)(2.4)%(2,342)(15.5)%
Total Deposits$129,140 $130,691 $130,234 $129,850 $129,575 $(1,551)(1.2)%(435)(0.3)%
Average Balances
($ amounts in millions)3Q262Q261Q264Q253Q253Q26 vs. 2Q263Q26 vs. 3Q25
Consumer Bank Segment$80,116 $80,624 $79,599 $79,437 $79,698 $(508)(0.6)%$418 0.5 %
Corporate Bank Segment39,505 40,106 40,707 40,243 39,733 (601)(1.5)%(228)(0.6)%
Wealth Management Segment7,484 7,594 7,777 7,810 7,262 (110)(1.4)%222 3.1 %
Other (1)
2,035 2,367 2,151 2,360 2,882 (332)(14.0)%(847)(29.4)%
Total Deposits$129,140 $130,691 $130,234 $129,850 $129,575 $(1,551)(1.2)%$(435)(0.3)%
Average Balances
($ amounts in millions)3Q262Q261Q264Q253Q253Q26 vs. 2Q263Q26 vs. 3Q25
Wealth Management - Private Wealth$6,634 $6,672 $6,747 $6,719 $6,604 $(38)(0.6)%$30 0.5 %
Wealth Management - Institutional Services850 922 1,030 1,091 658 (72)(7.8)%192 29.2 %
Total Wealth Management Segment Deposits$7,484 $7,594 $7,777 $7,810 $7,262 $(110)(1.4)%$222 3.1 %

Average Balances
Nine Months Ended September 30
($ amounts in millions)202620252026 vs. 2025
Interest-free deposits$39,560 $39,384 $176 0.4 %
Interest-bearing checking24,958 24,722 236 1.0 %
Savings12,192 12,174 18 0.1 %
Money market—domestic40,222 37,213 3,009 8.1 %
Time deposits13,086 15,416 (2,330)(15.1)%
Total Deposits$130,018 $128,909 $1,109 0.9 %
Average Balances
Nine Months Ended September 30
($ amounts in millions)202620252026 vs. 2025
Consumer Bank Segment$80,115 $79,444 $671 0.8 %
Corporate Bank Segment40,102 39,098 1,004 2.6 %
Wealth Management Segment7,617 7,394 223 3.0 %
Other (1)
2,184 2,973 (789)(26.5)%
Total Deposits$130,018 $128,909 $1,109 0.9 %
Average Balances
Nine Months Ended September 30
($ amounts in millions)202620252026 vs. 2025
Wealth Management - Private Wealth$6,684 $6,734 $(50)(0.7)%
Wealth Management - Institutional Services933 660 273 41.4 %
Total Wealth Management Segment Deposits$7,617 $7,394 $223 3.0 %
(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.

7
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Consolidated Statements of Income (unaudited)
Quarter Ended
($ amounts in millions, except per share data)9/30/20266/30/20263/31/202612/31/20259/30/2025
Interest income on:
Loans, including fees $1,378 $1,351 $1,313 $1,358 $1,386 
Debt securities312 305 298 300 293 
Loans held for sale8 8 8 9 9 
Other earning assets 86 84 83 101 108 
Total interest income1,784 1,748 1,702 1,768 1,796 
Interest expense on:
Deposits382 385 385 421 456 
Short-term borrowings40 34 17 4 8 
Long-term borrowings64 52 52 62 75 
Total interest expense486 471 454 487 539 
Net interest income 1,298 1,277 1,248 1,281 1,257 
Provision for credit losses68 68 91 115 105 
Net interest income after provision for credit losses1,230 1,209 1,157 1,166 1,152 
Non-interest income:
Service charges on deposit accounts171 167 163 163 160 
Card and ATM fees126 126 117 123 122 
Wealth management income146 150 141 143 139 
Capital markets income107 84 84 80 104 
Mortgage income32 33 32 32 38 
Securities gains (losses), net(15)(41)(3)— (27)
Other108 111 91 99 123 
Total non-interest income675 630 625 640 659 
Non-interest expense:
Salaries and employee benefits694 697 659 662 671 
Equipment and software expense113 107 108 112 106 
Net occupancy expense74 73 72 74 72 
Other237 244 229 250 254 
Total non-interest expense1,118 1,121 1,068 1,098 1,103 
Income before income taxes787 718 714 708 708 
Income tax expense 156 148 155 174 139 
Net income $631 $570 $559 $534 $569 
Net income available to common shareholders$611 $549 $539 $514 $548 
Weighted-average shares outstanding—during quarter:
Basic852 854 863 875 890 
Diluted856 857 868 880 894 
Actual shares outstanding—end of quarter850 853 854 868 885 
Earnings per common share: (1)
Basic$0.72 $0.64 $0.63 $0.59 $0.62 
Diluted$0.71 $0.64 $0.62 $0.58 $0.61 
Taxable-equivalent net interest income$1,314 $1,291 $1,261 $1,294 $1,269 
________
(1) Quarterly amounts may not add to year-to-date amounts due to rounding.




8
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Consolidated Statements of Income (continued) (unaudited)
Nine Months Ended September 30
($ amounts in millions, except per share data)20262025
Interest income on:
Loans, including fees$4,042 $4,105 
Debt securities915 845 
Loans held for sale24 26 
Other earning assets 253 329 
Total interest income5,234 5,305 
Interest expense on:
Deposits1,152 1,345 
Short-term borrowings91 13 
Long-term borrowings168 237 
Total interest expense1,411 1,595 
Net interest income3,823 3,710 
Provision for credit losses227 355 
Net interest income after provision for credit losses3,596 3,355 
Non-interest income:
Service charges on deposit accounts501 472 
Card and ATM fees369 364 
Wealth management income 437 401 
Capital markets income275 267 
Mortgage income97 126 
Securities gains (losses), net(59)(53)
Other310 318 
Total non-interest income1,930 1,895 
Non-interest expense:
Salaries and employee benefits2,050 1,954 
Equipment and software expense328 309 
Net occupancy expense219 214 
Other710 738 
Total non-interest expense3,307 3,215 
Income before income taxes2,219 2,035 
Income tax expense 459 413 
Net income $1,760 $1,622 
Net income available to common shareholders$1,699 $1,547 
Weighted-average shares outstanding—during year:
Basic856 898 
Diluted860 902 
Actual shares outstanding—end of period850 885 
Earnings per common share:
Basic$1.98 $1.72 
Diluted$1.97 $1.72 
Taxable-equivalent net interest income$3,866 $3,746 

9
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis
Quarter Ended
9/30/20266/30/2026
($ 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)
$33,269 $312 3.75 %$33,286 $305 3.66 %
Loans held for sale501 8 6.55 512 8 6.16 
Loans, net of unearned income:
Commercial and industrial (4)
51,910 714 5.40 51,504 697 5.36 
Commercial real estate mortgage—owner-occupied (5)
5,074 68 5.27 5,089 66 5.14 
Commercial real estate construction—owner-occupied286 4 5.65 253 3 5.73 
Commercial investor real estate mortgage7,940 112 5.55 7,798 111 5.63 
Commercial investor real estate construction2,052 36 6.90 1,991 32 6.40 
Residential first mortgage19,423 204 4.18 19,551 201 4.11 
Home equity5,511 90 6.50 5,496 89 6.48 
Consumer credit card1,492 51 13.58 1,474 50 13.69 
Other consumer5,495 115 8.25 5,566 116 8.31 
Total loans, net of unearned income99,183 1,394 5.54 98,722 1,365 5.50 
Interest-bearing deposits in other banks7,204 69 3.79 7,291 69 3.78 
Other earning assets1,580 17 4.33 1,526 15 4.06 
Total earning assets 141,737 1,800 5.02 141,337 1,762 4.96 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(1,125)(769)
Allowance for loan losses(1,503)(1,533)
Cash and due from banks3,001 3,247 
Other non-earning assets19,304 18,955 
$161,414 $161,237 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $12,147 4 0.13 $12,355 4 0.12 
Interest-bearing checking24,513 72 1.18 25,121 74 1.17 
Money market 39,922 208 2.07 40,382 209 2.07 
Time deposits12,782 98 3.02 13,095 98 3.02 
Total interest-bearing deposits (6)
89,364 382 1.70 90,953 385 1.69 
Federal funds purchased and securities sold under agreements to repurchase1,677 16 3.69 1,096 9 3.64 
Other short-term borrowings2,428 24 3.88 2,592 25 3.81 
Long-term borrowings4,633 64 5.46 3,617 52 5.69 
Total interest-bearing liabilities98,102 486 1.97 98,258 471 1.92 
Non-interest-bearing deposits (6)
39,776 — — 39,738 — — 
Total funding sources137,878 486 1.40 137,996 471 1.37 
Net interest spread (2)
3.05 3.04 
Other liabilities4,975 4,500 
Shareholders’ equity18,489 18,676 
Noncontrolling interest72 65 
$161,414 $161,237 
Net interest income/margin FTE basis (2)
$1,314 3.68 %$1,291 3.66 %
_______
(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 $1 million and $1 million for the quarter ended September 30, 2026 and June 30, 2026, respectively.
(4) Interest income includes hedging expense of $29 million and $30 million for the quarter ended September 30, 2026 and June 30, 2026, respectively.
(5) Interest income includes hedging expense of $3 million and $4 million for the quarter ended September 30, 2026 and June 30, 2026, 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 1.17% and 1.18% for the quarter ended September 30, 2026 and June 30, 2026, respectively.


10
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis (continued)
Quarter Ended
3/31/202612/31/20259/30/2025
($ 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:
Debt securities (2)(3)
33,530 298 3.56 %33,464 300 3.58 %33,223 293 3.53 %
Loans held for sale579 8 5.48 642 9 5.73 662 9 5.52 
Loans, net of unearned income:
Commercial and industrial (4)
49,572 665 5.37 48,769 688 5.53 49,588 714 5.65 
Commercial real estate mortgage—owner-occupied (5)
4,887 63 5.14 4,866 65 5.16 4,860 62 5.04 
Commercial real estate construction—owner-occupied259 4 5.60 260 3 5.72 274 4 5.96 
Commercial investor real estate mortgage7,381 106 5.72 7,210 116 6.29 7,087 114 6.30 
Commercial investor real estate construction1,946 32 6.51 1,906 33 6.85 2,051 37 7.12 
Residential first mortgage19,674 200 4.07 19,822 202 4.07 19,944 202 4.06 
Home equity5,514 89 6.50 5,546 91 6.57 5,538 91 6.54 
Consumer credit card1,473 51 14.00 1,458 51 14.06 1,420 52 14.46 
Other consumer5,717 116 8.26 5,814 122 8.26 5,885 122 8.14 
Total loans, net of unearned income 96,423 1,326 5.51 95,651 1,371 5.65 96,647 1,398 5.70 
Interest-bearing deposits in other banks7,415 69 3.79 7,596 79 4.07 8,316 94 4.51 
Other earning assets1,481 14 3.72 1,456 22 6.21 1,519 14 3.63 
Total earning assets
139,428 1,715 4.93 138,809 1,781 5.07 140,367 1,808 5.09 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(580)(641)(1,001)
Allowance for loan losses(1,552)(1,545)(1,616)
Cash and due from banks3,275 3,055 2,892 
Other non-earning assets18,716 18,429 18,447 
$159,287 $158,107 $159,089 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $12,075 4 0.13 $11,876 3 0.10 $12,046 4 0.13 
Interest-bearing checking25,245 71 1.15 24,528 78 1.26 24,274 86 1.41 
Money market 40,366 207 2.08 39,591 220 2.20 38,593 234 2.40 
Time deposits13,388 103 3.12 14,396 120 3.33 15,124 132 3.45 
Total interest-bearing deposits (6)
91,074 385 1.72 90,391 421 1.85 90,037 456 2.01 
Federal funds purchased and securities sold under agreements to repurchase655 7 3.66 52 2 3.91 48 — 4.36 
Other short-term borrowings1,077 10 3.80 211 2 4.25 696 8 4.49 
Long-term borrowings3,750 52 5.56 4,524 62 5.40 5,527 75 5.39 
Total interest-bearing liabilities 96,556 454 1.91 95,178 487 2.03 96,308 539 2.22 
Non-interest-bearing deposits (6)
39,160 — — 39,459 — — 39,538 — — 
Total funding sources135,716 454 1.35 134,637 487 1.43 135,846 539 1.57 
Net interest spread (2)
3.02 3.04 2.87 
Other liabilities4,435 4,438 4,515 
Shareholders’ equity19,077 18,986 18,688 
Noncontrolling interest59 46 40 
$159,287 $158,107 $159,089 
Net interest income/margin FTE basis (2)
$1,261 3.67 %$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 hedge income of $1 million, $5 million, $7 million and for the quarter ended March 31, 2026, December 31, 2025, and September 30, 2025, respectively.
(4) Interest income includes hedging expense of $32 million, $44 million, and $58 million for the quarter ended March 31, 2026, December 31, 2025, and September 30, 2025, respectively.
(5) Interest income includes hedging expense of $4 million, $6 million, and $7 million for the quarter ended March 31, 2026,December 31, 2025, and September 30, 2025, 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 1.20%, 1.29%, and 1.39% for the quarter ended March 31, 2026, December 31, 2025, and September 30, 2025, respectively.



11
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Consolidated Average Daily Balances and Yield/Rate Analysis (continued)
Nine Months Ended September 30
20262025
($ 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 $— 4.42 %
Debt securities (2)(3)
33,361 915 3.66 32,798 845 3.44 
Loans held for sale531 24 6.04 535 26 6.50 
Loans, net of unearned income:
Commercial and industrial (4)
51,004 2,076 5.38 49,278 2,109 5.65 
Commercial real estate mortgage—owner-occupied (5)
5,018 197 5.18 4,874 184 4.98 
Commercial real estate construction—owner-occupied266 11 5.66 287 13 5.83 
Commercial investor real estate mortgage7,708 329 5.63 6,794 327 6.34 
Commercial investor real estate construction1,997 100 6.61 2,173 117 7.10 
Residential first mortgage19,548 605 4.12 19,991 600 4.00 
Home equity5,507 268 6.50 5,524 272 6.56 
Consumer credit card1,480 152 13.75 1,404 152 14.42 
Other consumer5,591 347 8.27 5,959 367 8.25 
Total loans, net of unearned income98,119 4,085 5.52 96,284 4,141 5.70 
Interest-bearing deposits in other banks7,303 207 3.79 8,529 285 4.48 
Other earning assets 1,528 46 4.04 1,490 44 3.92 
Total earning assets140,842 5,277 4.97 139,637 5,341 5.08 
Unrealized gains/(losses) on debt securities available for sale, net (2)
(826)(1,352)
Allowance for loan losses(1,529)(1,628)
Cash and due from banks3,173 2,914 
Other non-earning assets18,994 18,417 
$160,654 $157,988 
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Savings $12,192 12 0.13 $12,174 12 0.13 
Interest-bearing checking24,958 217 1.17 24,722 263 1.42 
Money market 40,222 624 2.07 37,213 658 2.37 
Time deposits13,086 299 3.05 15,416 412 3.57 
Total interest-bearing deposits (6)
90,458 1,152 1.70 89,525 1,345 2.01 
Federal funds purchased and securities sold under agreements to repurchase1,146 32 3.67 56 1 4.39 
Other short-term borrowings2,038 59 3.84 346 12 4.52 
Long-term borrowings4,003 168 5.56 5,728 237 5.47 
Total interest-bearing liabilities97,645 1,411 1.93 95,655 1,595 2.23 
Non-interest-bearing deposits (6)
39,560 — — 39,384 — — 
Total funding sources137,205 1,411 1.37 135,039 1,595 1.58 
Net interest spread (2)
3.04 2.85 
Other liabilities4,639 4,523 
Shareholders’ equity18,744 18,390 
Noncontrolling interest66 36 
$160,654 $157,988 
Net interest income/margin FTE basis (2)
$3,866 3.67 %$3,746 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 $3 million and $15 million for the nine months ended September 30, 2026 and 2025, respectively.
(4) Interest income includes hedging expense of $91 million and $171 million for the nine months ended September 30, 2026 and 2025, respectively.
(5) Interest income includes hedging expense of $11 million and $21 million for the nine months ended September 30, 2026 and 2025, respectively.
(6) Total deposit costs may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest bearing deposits. The rates for total
deposit costs equal 1.18% and 1.39% for the nine months ended September 30, 2026 and 2025, respectively.
12
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Pre-Tax Pre-Provision Income ("PPI") (non-GAAP) and Adjusted PPI (non-GAAP)
The Pre-Tax Pre-Provision Income tables below present computations of pre-tax pre-provision income excluding certain adjustments (non-GAAP). Regions believes that the presentation of PPI and the exclusion of certain items from PPI provides a meaningful basis for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations.
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Net income available to common shareholders (GAAP)$611 $549 $539 $514 $548 $62 11.3 %$63 11.5 %
Preferred dividends (GAAP)20 21 20 20 21 (1)(4.8)%(1)(4.8)%
Income tax expense (GAAP)156 148 155 174 139 8 5.4 %17 12.2 %
Income before income taxes (GAAP)787 718 714 708 708 69 9.6 %79 11.2 %
Provision for credit losses (GAAP)68 68 91 115 105 — — %(37)(35.2)%
Pre-tax pre-provision income (non-GAAP)855 786 805 823 813 69 8.8 %42 5.2 %
Other adjustments:
Securities (gains) losses, net15 40 — — 25 (25)(62.5)%(10)(40.0)%
FDIC insurance special assessment— — — (14)(3)— NM3 100.0 %
Branch consolidation, property and equipment charges— 5 — — (5)(5)(100.0)%5 100.0 %
Total other adjustments15 45 — (14)17 (30)(66.7)%(2)(11.8)%
Adjusted pre-tax pre-provision income (non-GAAP)$870 $831 $805 $809 $830 $39 4.7 %$40 4.8 %
_____
NM - Not meaningful







13
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Non-Interest Income
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Service charges on deposit accounts$171 $167 $163 $163 $160 $4 2.4 %$11 6.9 %
Card and ATM fees126 126 117 123 122 — — %4 3.3 %
Wealth management income146 150 141 143 139 (4)(2.7)%7 5.0 %
Capital markets income (1)
107 84 84 80 104 23 27.4 %3 2.9 %
Mortgage income32 33 32 32 38 (1)(3.0)%(6)(15.8)%
Commercial credit fee income 35 28 30 30 28 7 25.0 %7 25.0 %
BOLI income32 24 30 23 25 8 33.3 %7 28.0 %
Market value adjustments on employee benefit assets (2)
(4)24 (5)(5)12 (28)(116.7)%(16)(133.3)%
Securities gains (losses), net(15)(41)(3)— (27)26 63.4 %12 44.4 %
Other miscellaneous income45 35 36 51 58 10 28.6 %(13)(22.4)%
Total non-interest income$675 $630 $625 $640 $659 $45 7.1 %$16 2.4 %
Service Charges on Deposit Accounts by Segment
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Consumer Bank Segment (3)
$106 $100 $96 $101 $99 $6 6.0 %$7 7.1 %
Corporate Bank Segment (4)
64 66 66 61 61 (2)(3.0)%3 4.9 %
Wealth Management Segment1 1 1 1 — — — %1 NM
Total service charges on deposit accounts$171 $167 $163 $163 $160 $4 2.4 %$11 6.9 %
Wealth Management Income
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Investment management and trust fee income$96 $97 $92 $95 $91 $(1)(1.0)%$5 5.5 %
Investment services fee income50 53 49 48 48 (3)(5.7)%2 4.2 %
Total wealth management income (5)
$146 $150 $141 $143 $139 $(4)(2.7)%$7 5.0 %
Capital Markets Income
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Capital markets income$107 $84 $84 $80 $104 $23 27.4 %$3 2.9 %
Less: Valuation adjustments on customer derivatives (6)
1 (2)1 — — 3 150.0 %1 NM
Capital markets income excluding valuation adjustments $106 $86 $83 $80 $104 $20 23.3 %$2 1.9 %
Mortgage Income
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Production and sales$15 $17 $18 $17 $17 $(2)(11.8)%$(2)(11.8)%
Loan servicing46 45 46 47 47 1 2.2 %(1)(2.1)%
MSR and related hedge impact:
MSRs fair value increase (decrease) due to change in valuation inputs or assumptions69 5 1 13 1 64 NM68 NM
MSRs hedge gain (loss)(72)(9)(3)(16)1 (63)NM(73)NM
MSRs change due to payment decay(26)(25)(30)(29)(28)(1)(4.0)%2 7.1 %
MSR and related hedge impact(29)(29)(32)(32)(26)— — %(3)(11.5)%
Total mortgage income$32 $33 $32 $32 $38 $(1)(3.0)%$(6)(15.8)%
Mortgage production - portfolio$445 $586 $451 $463 $465 $(141)(24.1)%$(20)(4.3)%
Mortgage production - agency/secondary market517 586 516 494 504 (69)(11.8)%13 2.6 %
Total mortgage production$962 $1,172 $967 $957 $969 $(210)(17.9)%$(7)(0.7)%
Mortgage production - purchased79.5 %72.9 %61.2 %71.7 %81.4 %
Mortgage production - refinanced20.5 %27.1 %38.8 %28.3 %18.6 %
_________
NM - Not Meaningful
(1)Capital markets income primarily relates to capital raising activities that includes debt securities underwriting and placement, loan syndication and placement, as well as foreign exchange, derivative and merger and acquisition advisory services.
(2)These market value adjustments relate to assets held for employee and director benefits that are offset within salaries and employee benefits expense and other non-interest expense.
(3)Consumer overdraft fees 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 Third Quarter 2026 Earnings Release
Non-Interest Income
($ amounts in millions)Nine Months EndedYear-to-Date Change 9/30/2026 vs. 9/30/2025
9/30/20269/30/2025AmountPercent
Service charges on deposit accounts$501 $472 $29 6.1 %
Card and ATM fees369 364 5 1.4 %
Wealth management income437 401 36 9.0 %
Capital markets income (1)
275 267 8 3.0 %
Mortgage income97 126 (29)(23.0)%
Commercial credit fee income 93 84 9 10.7 %
Bank-owned life insurance86 72 14 19.4 %
Market value adjustments on employee benefit assets (2)
15 25 (10)(40.0)%
Securities gains (losses), net(59)(53)(6)(11.3)%
Other miscellaneous income116 137 (21)(15.3)%
Total non-interest income$1,930 $1,895 $35 1.8 %
Service Charges on Deposit Accounts by Segment
Nine Months EndedYear-to-Date Change 9/30/2026 vs. 9/30/2025
($ amounts in millions)9/30/20269/30/2025AmountPercent
Consumer Bank Segment (3)
$302 $285 $17 6.0 %
Corporate Bank Segment (4)
196 185 11 5.9 %
Wealth Management Segment3 2 1 50.0 %
Total service charges on deposit accounts$501 $472 $29 6.1 %
Wealth Management Income
Nine Months EndedYear-to-Date Change 9/30/2026 vs. 9/30/2025
($ amounts in millions)9/30/20269/30/2025AmountPercent
Investment management and trust fee income$285 $267 $18 6.7 %
Investment services fee income152 134 18 13.4 %
Total wealth management income (5)
$437 $401 $36 9.0 %
Capital Markets Income
Nine Months EndedYear-to-Date Change 9/30/2026 vs. 9/30/2025
($ amounts in millions)9/30/20269/30/2025AmountPercent
Capital markets income$275 $267 $8 3.0 %
Less: Valuation adjustments on customer derivatives (6)
— (3)3 100.0 %
Capital markets income excluding valuation adjustments $275 $270 $5 1.9 %
Mortgage Income
Nine Months EndedYear-to-Date Change 9/30/2026 vs. 9/30/2025
($ amounts in millions)9/30/20269/30/2025AmountPercent
Production and sales$50 $47 $3 6.4 %
Loan servicing137 141 (4)(2.8)%
MSR and related hedge impact:
MSRs fair value increase (decrease) due to change in valuation inputs or assumptions75 7 68 NM
MSRs hedge gain (84)15 (99)NM
MSRs change due to payment decay(81)(84)3 3.6 %
MSR and related hedge impact(90)(62)(28)(45.2)%
Total mortgage income$97 $126 $(29)(23.0)%
Mortgage production - portfolio$1,482 $1,422 $60 4.2 %
Mortgage production - agency/secondary market1,619 1,391 228 16.4 %
Total mortgage production $3,101 $2,813 $288 10.2 %
Mortgage production - purchased71.3 %82.2 %
Mortgage production - refinanced28.7 %17.8 %
_________
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 Third Quarter 2026 Earnings Release
Non-Interest Expense
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Salaries and employee benefits$694 $697 $659 $662 $671 $(3)(0.4)%$23 3.4 %
Equipment and software expense113 107 108 112 106 6 5.6 %7 6.6 %
Net occupancy expense74 73 72 74 72 1 1.4 %2 2.8 %
Outside services45 47 42 45 42 (2)(4.3)%3 7.1 %
Marketing29 28 29 29 28 1 3.6 %1 3.6 %
Professional, legal and regulatory expenses 35 28 28 30 30 7 25.0 %5 16.7 %
Credit/checkcard expenses18 16 14 18 15 2 12.5 %3 20.0 %
FDIC insurance assessments 16 17 19 3 15 (1)(5.9)%1 6.7 %
Visa class B shares expense4 2 1 8 8 2 100.0 %(4)(50.0)%
Operational losses 7 8 10 9 18 (1)(12.5)%(11)(61.1)%
Branch consolidation, property and equipment charges — 5 — — (5)(5)(100.0)%5 100.0 %
Other miscellaneous expenses83 93 86 108 103 (10)(10.8)%(20)(19.4)%
Total non-interest expense$1,118 $1,121 $1,068 $1,098 $1,103 $(3)(0.3)%$15 1.4 %
Salaries and Benefits Expense
Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Salaries and employee benefits$694 $697 $659 $662 $671 $(3)(0.4)%$23 3.4 %
Less: Market value adjustments on supplemental 401(k) liabilities (1)
(2)24 (4)6 13 (26)(108.3)%(15)(115.4)%
Salaries and employee benefits less market value adjustments on employee benefits liabilities$696 $673 $663 $656 $658 $23 3.4 %$38 5.8 %

Non-Interest Expense

Nine Months EndedYear-to-Date Change 9/30/2026 vs. 9/30/2025
($ amounts in millions)9/30/20269/30/2025AmountPercent
Salaries and employee benefits $2,050 $1,954 $96 4.9 %
Equipment and software expense328 309 19 6.1 %
Net occupancy expense219 214 5 2.3 %
Outside services134 121 13 10.7 %
Marketing86 84 2 2.4 %
Professional, legal and regulatory expenses 91 81 10 12.3 %
Credit/checkcard expenses48 46 2 4.3 %
FDIC insurance assessments 52 55 (3)(5.5)%
Visa class B shares expense7 19 (12)(63.2)%
Operational losses25 44 (19)(43.2)%
Branch consolidation, property and equipment charges 5 (5)10 200.0 %
Other miscellaneous expenses262 293 (31)(10.6)%
Total non-interest expense$3,307 $3,215 $92 2.9 %

Salaries and Benefits Expense
Nine Months EndedYear-to-Date Change 9/30/2026 vs. 9/30/2025
($ amounts in millions)9/30/20269/30/2025AmountPercent
Salaries and employee benefits$2,050 $1,954 $96 4.9 %
Less: Market value adjustments on 401(k) liabilities (1)
18 28 (10)(35.7)%
Salaries and employee benefits less market value adjustments on employee benefits liabilities$2,032 $1,926 $106 5.5 %
_________
NM - Not Meaningful
(1) The Company holds assets in order to offset the market value adjustments on 401(k) liabilities and the market value adjustments on those assets are recorded in non-interest income.
16
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 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. Net interest income and adjusted non-interest income are added together 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). Net interest income on a taxable-equivalent basis and adjusted non-interest income are added together 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)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Non-interest expense (GAAP)A$1,118 $1,121 $1,068 $1,098 $1,103 $(3)(0.3)%$15 1.4 %
Adjustments:
FDIC insurance special assessment — — — 14 3 — NM(3)(100.0)%
Branch consolidation, property and equipment charges — (5)— — 5 5 100.0 %(5)(100.0)%
Adjusted non-interest expense (non-GAAP)B$1,118 $1,116 $1,068 $1,112 $1,111 $2 0.2 %$7 0.6 %
Net interest income (GAAP)C$1,298 $1,277 $1,248 $1,281 $1,257 $21 1.6 %$41 3.3 %
Taxable-equivalent adjustment16 14 13 13 12 2 14.3 %4 33.3 %
Net interest income, taxable-equivalent basis (GAAP)D$1,314 $1,291 $1,261 $1,294 $1,269 $23 1.8 %$45 3.5 %
Non-interest income (GAAP)E$675 $630 $625 $640 $659 $45 7.1 %$16 2.4 %
Adjustments:
Securities (gains) losses, net15 40 — — 25 (25)(62.5)%(10)(40.0)%
Adjusted non-interest income (non-GAAP)F$690 $670 $625 $640 $684 $20 3.0 %$6 0.9 %
Total revenue (GAAP)C+E=G$1,973 $1,907 $1,873 $1,921 $1,916 $66 3.5 %$57 3.0 %
Adjusted total revenue (non-GAAP)C+F=H$1,988 $1,947 $1,873 $1,921 $1,941 $41 2.1 %$47 2.4 %
Total revenue, taxable-equivalent basis (GAAP)D+E=I$1,989 $1,921 $1,886 $1,934 $1,928 $68 3.5 %$61 3.2 %
Adjusted total revenue, taxable-equivalent basis (non-GAAP)D+F=J$2,004 $1,961 $1,886 $1,934 $1,953 $43 2.2 %$51 2.6 %
Operating leverage ratio (GAAP) (1)
I-A3.7 %1.7 %
Adjusted operating leverage ratio (non-GAAP) (1)
J-B1.9 %1.9 %
Efficiency ratio (GAAP) (1)
A/I56.2 %58.3 %56.6 %56.8 %57.2 %
Adjusted efficiency ratio (non-GAAP) (1)
B/J55.8 %56.9 %56.6 %57.5 %56.9 %
Fee income ratio (GAAP) (1)
E/I33.9 %32.8 %33.1 %33.1 %34.2 %
Adjusted fee income ratio (non-GAAP) (1)
F/J34.4 %34.2 %33.1 %33.1 %35.0 %
________
NM - Not Meaningful
(1) Amounts have been calculated using whole dollar values.






17
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 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)
Nine Months Ended September 30
($ amounts in millions)202620252026 vs. 2025
Non-interest expense (GAAP)A$3,307 $3,215 $92 2.9 %
Adjustments:
FDIC insurance special assessment— 3 (3)(100.0)%
Branch consolidation, property and equipment charges(5)5 (10)(200.0)%
Salaries and employee benefits—severance charges— (2)2 100.0 %
Professional, legal and regulatory expenses — (2)2 100.0 %
Adjusted non-interest expense (non-GAAP)B$3,302 $3,219 $83 2.6 %
Net interest income (GAAP) C$3,823 $3,710 $113 3.0 %
Taxable-equivalent adjustment43 36 7 19.4 %
Net interest income, taxable-equivalent basisD$3,866 $3,746 $120 3.2 %
Non-interest income (GAAP)E$1,930 $1,895 $35 1.8 %
Adjustments:
Securities (gains) losses, net55 50 5 10.0 %
Adjusted non-interest income (non-GAAP)F$1,985 $1,945 $40 2.1 %
Total revenue (GAAP)C+E= G$5,753 $5,605 $148 2.6 %
Adjusted total revenue (non-GAAP)C+F=H$5,808 $5,655 $153 2.7 %
Total revenue, taxable-equivalent basis (GAAP)D+E=I$5,796 $5,641 $155 2.7 %
Adjusted total revenue, taxable-equivalent basis (non-GAAP)D+F=J$5,851 $5,691 $160 2.8 %
Operating leverage ratio (GAAP) (1)
I-A(0.1)%
Adjusted operating leverage ratio (non-GAAP) (1)
J-B0.2 %
Efficiency ratio (GAAP) (1)
A/I57.1 %57.0 %
Adjusted efficiency ratio (non-GAAP) (1)
B/J56.4 %56.5 %
Fee income ratio (GAAP) (1)
E/I33.3 %33.6 %
Adjusted fee income ratio (non-GAAP) (1)
F/J33.9 %34.2 %
______
(1)Amounts have been calculated using whole dollar values.





18
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 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)9/30/20266/30/20263/31/202612/31/20259/30/20253Q26 vs. 2Q263Q26 vs. 3Q25
Net income available to common shareholders (GAAP)A$611 $549 $539 $514 $548 $62 11.3 %$63 11.5 %
Adjustments:
Securities (gains) losses, net15 40 — — 25 (25)(62.5)%(10)(40.0)%
FDIC insurance special assessment— — — (14)(3)— NM3 100.0 %
Branch consolidation, property and equipment charges— 5 — — (5)(5)(100.0)%5 100.0 %
Total adjustments15 45 — (14)17 $(30)(66.7)%$(2)(11.8)%
Tax impact of adjusted items (1)
(4)(11)— 4 (4)7 63.6 %— — %
Adjusted net income available to common shareholders (non-GAAP)B$622 $583 $539 $504 $561 $39 6.7 %$61 10.9 %
Weighted-average diluted sharesC856 857 868 880 894 
Diluted EPS (GAAP) (2)
A/C$0.71 $0.64 $0.62 $0.58 $0.61 $0.07 10.9 %$0.10 16.4 %
Adjusted diluted EPS (non-GAAP) (2)
B/C$0.73 $0.68 $0.62 $0.57 $0.63 $0.05 7.4 %$0.10 15.9 %
Average shareholders' equity (GAAP)18,489 18,676 19,077 18,986 18,688 (187)(1.0)%(199)(1.1)%
Less: Average preferred stock (GAAP)1,369 1,369 1,369 1,369 1,369 — — %— — %
Average common shareholders' equity (GAAP)D17,120 17,307 17,708 17,617 17,319 (187)(1.1)%(199)(1.1)%
Less:
  Average intangible assets (GAAP)5,871 5,863 5,869 5,876 5,883 8 0.1 %(12)(0.2)%
  Average deferred tax liability related to intangibles (GAAP)(144)(141)(138)(135)(131)(3)(2.1)%(13)(9.9)%
Average tangible common shareholders' equity (non-GAAP)E$11,393 $11,585 $11,977 $11,876 $11,567 (192)(1.7)%(174)(1.5)%
Return on average common shareholders' equity (GAAP) (2)*
A/D14.16 %12.73 %12.35 %11.58 %12.56 %
Return on average tangible common shareholders' equity (non-GAAP) (2)*
A/E21.27 %19.01 %18.26 %17.17 %18.81 %
Adjusted return on average tangible common shareholders' equity (non-GAAP) (2)*
B/E21.66 %20.18 %18.26 %16.84 %19.24 %
_______
*Annualized
NM - Not Meaningful
(1) Unless separately noted, the tax impact for adjustments has been calculated using a nominal tax rate of 25 percent.
(2) Amounts calculated based upon whole dollar values.

19
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 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)9/30/20266/30/20263/31/202612/31/20259/30/2025
TANGIBLE COMMON RATIOS
Shareholders’ equity (GAAP)A$17,847 $18,840 $18,779 $19,043 $19,049 
Less: Preferred stock (GAAP)1,369 1,369 1,369 1,369 1,369 
Common shareholders' equity (GAAP)B16,478 17,471 17,410 17,674 17,680 
Less:
Intangible assets (GAAP)5,868 5,859 5,866 5,873 5,879 
Deferred tax liability related to intangibles (GAAP)(146)(143)(141)(138)(133)
Tangible common shareholders’ equity (non-GAAP)C$10,756 $11,755 $11,685 $11,939 $11,934 
Total assets (GAAP)D$163,213 $161,299 $160,741 $158,814 $159,940 
Less:
Intangible assets (GAAP)5,868 5,859 5,866 5,873 5,879 
Deferred tax liability related to intangibles (GAAP)(146)(143)(141)(138)(133)
Tangible assets (non-GAAP)E$157,491 $155,583 $155,016 $153,079 $154,194 
Shares outstanding—end of quarterF850 853 854 868 885 
Total equity to total assets (GAAP) (1)
A/D10.93 %11.68 %11.68 %11.99 %11.91 %
Tangible common shareholders’ equity to tangible assets (non-GAAP) (1)
C/E6.83 %7.55 %7.54 %7.80 %7.74 %
Common book value per share (GAAP) (1)
B/F$19.38 $20.48 $20.39 $20.36 $19.98 
Tangible common book value per share (non-GAAP) (1)
C/F$12.65 $13.78 $13.69 $13.75 $13.49 
____
(1)Amounts have been calculated using whole dollar values.

20
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Asset Quality
As of and for Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/2025
Beginning allowance for loan losses (ALL)$1,489 $1,527 $1,556 $1,581 $1,612 
Loans charged-off:
Commercial and industrial34 66 88 92 57 
Commercial real estate mortgage—owner-occupied2 1 — 1 1 
Total commercial36 67 88 93 58 
Commercial investor real estate mortgage— — — 4 34 
Total investor real estate— — — 4 34 
Residential first mortgage1 1 — — 1 
Home equity—lines of credit— 1 1 — — 
Home equity—closed-end1 — — 1 — 
Consumer credit card18 18 18 17 16 
Other consumer42 36 44 52 51 
Total consumer62 56 63 70 68 
Total98 123 151 167 160 
Recoveries of loans previously charged-off:
Commercial and industrial13 8 9 11 10 
Commercial real estate mortgage—owner-occupied— 1 — — 1 
Total commercial13 9 9 11 11 
Commercial investor real estate mortgage— — — 1 2 
Total investor real estate— — — 1 2 
Residential first mortgage— 1 — 1 — 
Home equity—lines of credit— 1 1 1 1 
Home equity—closed-end1 — — 1 — 
Consumer credit card4 2 3 2 2 
Other consumer8 8 8 8 9 
Total consumer13 12 12 13 12 
Total26 21 21 25 25 
Net charge-offs (recoveries):
Commercial and industrial21 58 79 81 47 
Commercial real estate mortgage—owner-occupied2 — — 1 — 
Total commercial23 58 79 82 47 
Commercial investor real estate mortgage— — — 3 32 
Total investor real estate— — — 3 32 
Residential first mortgage1 — — (1)1 
Home equity—lines of credit— — — (1)(1)
Consumer credit card14 16 15 15 14 
Other consumer34 28 36 44 42 
Total consumer49 44 51 57 56 
Total72 102 130 142 135 
Provision for loan losses72 64 101 117 104 
Ending allowance for loan losses (ALL)1,489 1,489 1,527 1,556 1,581 
Beginning reserve for unfunded credit commitments124 120 130 132 131 
Provision for (benefit from) unfunded credit losses(4)4 (10)(2)1 
Ending reserve for unfunded commitments120 124 120 130 132 
Allowance for credit losses (ACL) at period end$1,609 $1,613 $1,647 $1,686 $1,713 
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Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Asset Quality (continued)
As of and for Quarter Ended
($ amounts in millions)9/30/20266/30/20263/31/202612/31/20259/30/2025
Net loan charge-offs as a % of average loans, annualized (1):
Commercial and industrial0.16 %0.45 %0.65 %0.66 %0.37 %
Commercial real estate mortgage—owner-occupied0.16 %0.01 %(0.03)%0.02 %0.04 %
Commercial real estate construction—owner-occupied0.03 %0.22 %(0.05)%(0.07)%(0.01)%
Total commercial0.16 %0.41 %0.58 %0.60 %0.34 %
Commercial investor real estate mortgage0.01 %— %0.02 %0.15 %1.82 %
Total investor real estate0.01 %— %0.02 %0.12 %1.41 %
Residential first mortgage0.01 %— %— %— %0.01 %
Home equity—lines of credit(0.04)%(0.04)%(0.01)%(0.10)%(0.12)%
Home equity—closed-end— %(0.03)%(0.02)%— %(0.01)%
Consumer credit card3.85 %4.28 %4.17 %4.08 %3.94 %
Other consumer2.45 %2.09 %2.51 %2.97 %2.83 %
Total consumer0.60 %0.56 %0.63 %0.70 %0.67 %
Total0.29 %0.42 %0.54 %0.59 %0.55 %
Non-performing loans, excluding loans held for sale$585 $668 $692 $698 $758 
Non-performing loans held for sale12 1 1 — 12 
Non-performing loans, including loans held for sale597 669 693 698 770 
Foreclosed properties20 19 20 17 18 
Non-performing assets (NPAs)$617 $688 $713 $715 $788 
Loans past due > 90 days (2)
$159 $158 $170 $180 $154 
Criticized loans—business (3)
$3,203 $3,370 $3,384 $3,342 $3,682 
Credit Ratios (1):
ACL/Loans, net1.61 %1.63 %1.68 %1.76 %1.78 %
ALL/Loans, net1.49 %1.50 %1.56 %1.63 %1.64 %
Business criticized loans to total business loans4.71 %5.01 %5.15 %5.31 %5.81 %
Allowance for credit losses to non-performing loans, excluding loans held for sale275 %241 %238 %242 %226 %
Allowance for loan losses to non-performing loans, excluding loans held for sale254 %223 %221 %223 %208 %
Non-performing loans, excluding loans held for sale/Loans, net0.59 %0.67 %0.71 %0.73 %0.79 %
NPAs (ex. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale0.62 %0.69 %0.73 %0.75 %0.82 %
NPAs (inc. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale (2)
0.78 %0.85 %0.90 %0.94 %0.98 %
(1)Amounts have been calculated using whole dollar values.
(2)Excludes guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 23 for amounts related to these loans.
(3)Business represents the combined total of commercial and investor real estate loans.
Allowance for Credit Losses
Nine Months Ended September 30
($ amounts in millions)20262025
Balance at January 1$1,686 $1,729 
Net charge-offs304 371 
Provision for loan losses237 339 
Provision for unfunded credit losses(10)16 
Balance at September 30
$1,609 $1,713 
Net loan charge-offs as a % of average loans, annualized (GAAP) (1)
0.41 %0.52 %
(1)Amounts have been calculated using whole dollar values.




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Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
Non-Performing Loans (excludes loans held for sale)
As of
($ amounts in millions, %'s calculated using whole dollar values)9/30/20266/30/20263/31/202612/31/20259/30/2025
Commercial and industrial$329 0.63 %$412 0.79 %$471 0.93 %$474 0.97 %$524 1.06 %
Commercial real estate mortgage—owner-occupied48 0.94 %61 1.19 %53 1.06 %45 0.92 %41 0.85 %
Commercial real estate construction—owner-occupied5 1.78 %2 0.64 %2 0.85 %2 0.85 %1 0.43 %
Total commercial382 0.66 %475 0.83 %526 0.94 %521 0.97 %566 1.04 %
Commercial investor real estate mortgage138 1.70 %127 1.60 %103 1.33 %121 1.69 %137 1.92 %
Total investor real estate138 1.35 %127 1.27 %103 1.06 %121 1.33 %137 1.51 %
Residential first mortgage33 0.17 %33 0.17 %30 0.16 %25 0.12 %24 0.12 %
Home equity—lines of credit24 0.75 %25 0.76 %25 0.77 %24 0.74 %24 0.73 %
Home equity—closed-end8 0.34 %8 0.36 %8 0.34 %7 0.32 %7 0.31 %
Total consumer65 0.21 %66 0.21 %63 0.20 %56 0.17 %55 0.17 %
Total non-performing loans$585 0.59 %$668 0.67 %$692 0.71 %$698 0.73 %$758 0.79 %

Early and Late Stage Delinquencies
Accruing 30-89 Days Past Due Loans
As of
($ amounts in millions, %'s calculated using whole dollar values)9/30/20266/30/20263/31/202612/31/20259/30/2025
Commercial and industrial $50 0.10 %$61 0.12 %$50 0.10 %$55 0.11 %$63 0.13 %
Commercial real estate mortgage—owner-occupied24 0.47 %15 0.28 %4 0.08 %6 0.11 %10 0.21 %
Total commercial74 0.13 %76 0.13 %54 0.10 %61 0.11 %73 0.13 %
Commercial investor real estate mortgage1 0.01 %38 0.49 %1 0.01 %— — %28 0.40 %
Total investor real estate1 0.01 %38 0.39 %1 0.01 %— — %28 0.31 %
Residential first mortgage—non-guaranteed (1)
138 0.73 %123 0.65 %127 0.66 %144 0.74 %132 0.68 %
Home equity—lines of credit24 0.73 %22 0.67 %22 0.69 %25 0.79 %28 0.89 %
Home equity—closed-end 12 0.54 %14 0.63 %13 0.57 %15 0.62 %14 0.57 %
Consumer credit card22 1.42 %20 1.32 %21 1.39 %22 1.48 %20 1.40 %
Other consumer65 1.20 %64 1.17 %66 1.19 %75 1.31 %68 1.18 %
Total consumer (1)
261 0.83 %243 0.77 %249 0.79 %281 0.88 %262 0.81 %
Total accruing 30-89 days past due loans (1)
$336 0.34 %$357 0.36 %$304 0.31 %$342 0.36 %$363 0.38 %
Accruing 90+ Days Past Due LoansAs of
($ amounts in millions, %'s calculated using whole dollar values)9/30/20266/30/20263/31/202612/31/20259/30/2025
Commercial and industrial$5 0.01 %$4 0.01 %$5 0.01 %$6 0.01 %$4 0.01 %
Commercial real estate mortgage—owner-occupied— 0.02 %1 0.03 %1 0.01 %— 0.01 %2 0.05 %
Total commercial5 0.01 %5 0.01 %6 0.01 %6 0.01 %6 0.01 %
Residential first mortgage—non-guaranteed (2)
94 0.50 %91 0.48 %100 0.52 %105 0.55 %84 0.43 %
Home equity—lines of credit11 0.34 %13 0.40 %14 0.42 %15 0.45 %14 0.43 %
Home equity—closed-end 9 0.39 %8 0.36 %8 0.35 %8 0.37 %7 0.30 %
Consumer credit card20 1.35 %21 1.39 %22 1.52 %22 1.41 %20 1.42 %
Other consumer20 0.36 %20 0.35 %20 0.35 %24 0.40 %23 0.39 %
Total consumer (2)
154 0.49 %153 0.48 %164 0.52 %174 0.54 %148 0.46 %
Total accruing 90+ days past due loans (2)
$159 0.16 %$158 0.16 %$170 0.17 %$180 0.19 %$154 0.16 %
Total delinquencies (1) (2)
$495 0.50 %$515 0.52 %$474 0.49 %$522 0.55 %$517 0.54 %
(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 $65 million at 9/30/2026, $58 million at 6/30/2026, $62 million at 3/31/2026, $66 million at 12/31/2025, and $62 million at 9/30/2025.
(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 $105 million at 9/30/2026, $100 million at 6/30/2026, $94 million at 3/31/2026, $79 million at 12/31/2025, and $48 million at 9/30/2025.
23
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 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:

•Our businesses have been, and may continue to be, adversely affected by conditions in the financial markets and economic conditions generally.
•Fluctuations in market interest rates, including the level and shape of the yield curve, may adversely affect our performance.
•If we experience greater credit losses in our loan portfolios than anticipated, our earnings may be materially adversely affected.
•Any future reductions in our credit ratings may increase our funding costs and place limitations on business activities.
•Changes in the soundness of other financial institutions could adversely affect us.
•We may suffer losses if the value of collateral declines in stressed market conditions.
•Ineffective liquidity management could adversely affect our financial results and condition.
•Loss of deposits or a change in deposit mix could increase our funding costs.
•We rely on the mortgage secondary market to manage various risks.
•We are at risk of a variety of systems failures or errors and cyber-attacks or other similar incidents that could adversely affect customer experience and our business and financial performance.
•We are subject to complex and evolving laws, regulations, rules, standards and contractual obligations regarding privacy and cybersecurity, which could increase the cost of doing business, compliance risks and potential liability.
•We will continually encounter technological change and must effectively anticipate, develop and implement new technology.
•The development and use of AI presents risks and challenges that may adversely impact our business.
•Industry competition, including competition from decentralized finance platforms, cryptocurrencies and blockchain technologies could disrupt our business model and adversely affect our revenues, market share or liquidity.
•Our operations are concentrated primarily in the South, Midwest and Texas, and adverse changes in the economic conditions in this region can adversely affect our financial results and condition.
•Weakness in the residential real estate markets could adversely affect our performance.
•Weakness in the commercial real estate markets could adversely affect our performance.
•Risks associated with home equity products where we are in a second lien position could adversely affect our performance.
•Weakness in commodity businesses could adversely affect our performance.
•An outbreak or escalation of hostilities between countries or within a country or region could have a material adverse effect on the U.S. economy and on our businesses.
•We are subject to a variety of operational risks, including the risk of fraud or theft by internal or external parties, which may adversely affect our business and results of operations.
•We rely on other companies to provide key components of our business infrastructure.
•We depend on the accuracy and completeness of information about clients and counterparties.
•We are exposed to risk of environmental liability when we take title to property.
•We can be negatively affected if we fail to identify and address operational risks associated with the introduction of or changes to products, services and delivery platforms.
•Enhanced regulatory and other standards for the oversight of vendors and other service providers can result in higher costs and other potential exposures.
•We are, and may in the future be, subject to claims and litigation calling into question our right to use the intellectual property underlying certain technology in our business.
•Weather-related events, pandemics and other natural or man-made disasters could cause a disruption in our operations or lead to other consequences that could adversely impact our financial results and condition. These impacts could be intensified by climate change. Heightening focus on climate change may also carry transition risks that could negatively impact our results of operations and financial condition.
•We are subject to sociopolitical risks that could adversely affect our business, reputation and the trading price of our common stock.
•Damage to our reputation could significantly harm our businesses.
•We are, and may in the future be, subject to litigation, investigations and governmental proceedings that may result in liabilities adversely affecting our financial condition, business or results of operations or in reputational harm.
•We are subject to extensive governmental regulation, which could have an adverse impact on our operations and our business model.
•We are subject to a variety of risks in connection with any sale of loans we may conduct.
•We may be subject to more stringent capital and liquidity requirements.
•Rulemaking changes and regulatory initiatives implemented by the CFPB may result in higher regulatory and compliance costs that may adversely affect our results of operations.
•We are subject to numerous laws designed to protect consumers, including the Community Reinvestment Act and fair lending laws, and a failure to comply with these laws could lead to a wide variety of penalties and other sanctions.
•We may not be able to complete future acquisitions, may not be successful in realizing the benefits of any future acquisitions that are completed or may choose not to pursue acquisition opportunities we might find beneficial.
•Increases in FDIC insurance assessments may adversely affect our earnings.
•Unfavorable results from ongoing stress analyses may adversely affect our ability to retain customers or compete for new business opportunities.
•We are a holding company and depend on our subsidiaries for dividends, distributions and other payments.
•We may not pay dividends on shares of our capital stock.
•Anti-takeover and banking laws and certain agreements and charter provisions may adversely affect share value.
•Our amended and restated by-laws designate (i) the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our shareholders and (ii) the federal district courts of the United States as the sole and exclusive forum for any action asserting a cause of action arising under the Securities Act, which could limit our shareholders’ ability to obtain a favorable judicial forum for disputes with our company or our company’s directors, officers or other employees.
•We face substantial legal and operational risks in our safeguarding and other processing of personal information.
•Differences in regulation can affect our ability to compete effectively.
•Our businesses may be adversely affected if we are unable to hire and retain qualified employees.
24
Regions Financial Corporation and Subsidiaries                                
Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release
•Our operations rely on our ability, and the ability of key external parties, to maintain appropriately staffed workforces, and on the competence, trustworthiness, health and safety of employees.
•Our reported financial results depend on management’s selection of accounting methods and certain assumptions and estimates.
•If the models that we use in our business perform poorly or provide inadequate information, our business or results of operations may be adversely affected.
•Changes in our accounting policies or in accounting standards could materially affect how we report our financial results and condition.
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 “Cautionary Note Regarding Forward-Looking Statements and Risk Factor Summary” and “Risk Factors” in Regions’ Annual Report on Form 10-K for the year ended December 31, 2025 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 Chris Best at (205) 264-7040; Regions’ Media contact is Jeremy King at (205) 264-4551.
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