NYSE: RF
Regions Financial
Financials · National Commercial Banks
52-week range
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$25.7B
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| Period | Market cap |
|---|---|
| FY2016, ended Dec 31, 2016 | $17.3B |
| FY2017, ended Dec 31, 2017 | $19.4B |
| FY2018, ended Dec 31, 2018 | $13.6B |
| FY2019, ended Dec 31, 2019 | $16.4B |
| FY2020, ended Dec 31, 2020 | $15.5B |
| FY2021, ended Dec 31, 2021 | $20.4B |
| FY2022, ended Dec 31, 2022 | $20.1B |
| FY2023, ended Dec 31, 2023 | $17.8B |
| FY2024, ended Dec 31, 2024 | $21.3B |
| FY2025, ended Dec 31, 2025 | $23.4B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $25.7B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$7.62B
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| Period | Revenue |
|---|---|
| FY2016, ended Dec 31, 2016 | $5.41B |
| FY2017, ended Dec 31, 2017 | $5.50B |
| FY2018, ended Dec 31, 2018 | $5.75B |
| FY2019, ended Dec 31, 2019 | $5.86B |
| FY2020, ended Dec 31, 2020 | $6.29B |
| FY2021, ended Dec 31, 2021 | $6.44B |
| FY2022, ended Dec 31, 2022 | $7.21B |
| FY2023, ended Dec 31, 2023 | $7.58B |
| FY2024, ended Dec 31, 2024 | $7.08B |
| FY2025, ended Dec 31, 2025 | $7.53B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $7.62B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $1.16B | $1.83B |
| FY2017, ended Dec 31, 2017 | $1.26B | $2.15B |
| FY2018, ended Dec 31, 2018 | $1.76B | $2.12B |
| FY2019, ended Dec 31, 2019 | $1.58B | $2.40B |
| FY2020, ended Dec 31, 2020 | $1.09B | $2.19B |
| FY2021, ended Dec 31, 2021 | $2.52B | $2.94B |
| FY2022, ended Dec 31, 2022 | $2.25B | $3.01B |
| FY2023, ended Dec 31, 2023 | $2.07B | $2.12B |
| FY2024, ended Dec 31, 2024 | $1.89B | $1.42B |
| FY2025, ended Dec 31, 2025 | $2.16B | $2.03B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $2.23B | $1.67B |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$9.93B
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| Period | Cash and cash equivalents |
|---|---|
| FY2016, ended Dec 31, 2016 | $5.45B |
| FY2017, ended Dec 31, 2017 | $3.98B |
| FY2018, ended Dec 31, 2018 | $3.54B |
| FY2019, ended Dec 31, 2019 | $4.11B |
| FY2020, ended Dec 31, 2020 | $18.0B |
| FY2021, ended Dec 31, 2021 | $29.4B |
| FY2022, ended Dec 31, 2022 | $11.2B |
| FY2023, ended Dec 31, 2023 | $6.80B |
| FY2024, ended Dec 31, 2024 | $10.7B |
| FY2025, ended Dec 31, 2025 | $10.9B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $9.93B |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$7.63B
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| Period | Total debt |
|---|---|
| FY2016, ended Dec 31, 2016 | $7.76B |
| FY2017, ended Dec 31, 2017 | $8.63B |
| FY2018, ended Dec 31, 2018 | $14.0B |
| FY2019, ended Dec 31, 2019 | $9.93B |
| FY2020, ended Dec 31, 2020 | $3.57B |
| FY2021, ended Dec 31, 2021 | $2.41B |
| FY2022, ended Dec 31, 2022 | $2.28B |
| FY2023, ended Dec 31, 2023 | $2.33B |
| FY2024, ended Dec 31, 2024 | $6.49B |
| FY2025, ended Dec 31, 2025 | $4.88B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $7.63B |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Down 29.3% since 2016.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.852M
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| Period | Shares outstanding |
|---|---|
| FY2016, ended Dec 31, 2016 | 1.21B |
| FY2017, ended Dec 31, 2017 | 1.12B |
| FY2018, ended Dec 31, 2018 | 1.02B |
| FY2019, ended Dec 31, 2019 | 957M |
| FY2020, ended Dec 31, 2020 | 961M |
| FY2021, ended Dec 31, 2021 | 937M |
| FY2022, ended Dec 31, 2022 | 935M |
| FY2023, ended Dec 31, 2023 | 919M |
| FY2024, ended Dec 31, 2024 | 905M |
| FY2025, ended Dec 31, 2025 | 864M |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | 852M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.Net: $1.14B more bought back than issued
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| Period | Bought back | Paid to employees |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $839M | — |
| FY2017, ended Dec 31, 2017 | $1.27B | — |
| FY2018, ended Dec 31, 2018 | $2.12B | — |
| FY2019, ended Dec 31, 2019 | $1.10B | — |
| FY2020, ended Dec 31, 2020 | $0 | — |
| FY2021, ended Dec 31, 2021 | $467M | — |
| FY2022, ended Dec 31, 2022 | $230M | — |
| FY2023, ended Dec 31, 2023 | $252M | $61.0M |
| FY2024, ended Dec 31, 2024 | $348M | $73.0M |
| FY2025, ended Dec 31, 2025 | $1.07B | $69.0M |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $1.14B | — |
Revenue (TTM)
$7.62B
+4.4% YoY
Net income (TTM)
$2.23B
+7.5% YoY
Cash
$9.93B
−11.2% YoY
Total debt
$7.63B
+44.5% YoY
Valuation
At current price- Market Cap
- $24.3B
- P/E
- 10.9×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 3.2×
- Price / Book
- 1.3×
- EV / EBITDA
- —. (Market cap + debt − cash) / EBITDA (TTM)
Growth
Trailing 12 months- Revenue (TTM)
- $7.62B
- Revenue Growth YoY
- 4.4%
- Revenue CAGR 3Y
- 1.4%
- Revenue CAGR 5Y
- 3.7%
- EPS Growth YoY
- 15.0%
- Net Income Growth YoY
- 7.5%
Profitability
Trailing 12 months- Gross Margin
- —
- Operating Margin
- —
- Net Margin
- 29.3%
- FCF Margin
- 21.9%
- Return on Equity
- 11.9%
Earnings
Trailing 12 months- Net Income
- $2.23B
- EPS (diluted)
- $2.46
- EBITDA
- —. Operating income + depreciation & amortization
- Operating Income
- —
Balance Sheet
As of Jun 30, 2026- Cash and cash equivalents
- $9.93B
- Total Debt
- $7.63B
- Net Cash
- $2.30B
- Total Assets
- $161B
- Total Liabilities
- $142B
- Shareholders' Equity
- $18.8B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $1.78B
- Capital Expenditure
- $110M
- Free Cash Flow
- $1.67B
Dividends and risk
Last 12 months- Dividend Yield
- 3.8%
- Dividend / Share
- $1.10
- Beta (5Y)
- 1.05
Every ratio is calculated from the company’s reported figures.
Note
Revenue is roughly flat year over year at $7.62B.
Note
Net margin of 29.3% over the last 12 months.
Strength
Turns 21.9% of revenue into free cash flow.
Strength
Share count is down 4.5% in a year, from buybacks.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Dec 31, 2025 · filed Feb 24, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2024 · 10-K51Some concerns
10-K for the fiscal year ended Dec 31, 2024
Filed Feb 21, 2025 · Read the filing on EDGAR
- Profit fell: earnings per share dropped to $1.93 from $2.11 as net interest income fell $503 million on higher deposit and funding costs.
- Costs and credit charges eased: non-interest expense fell 3.9% and credit-loss provisions fell to $487 million, but non-performing loans rose $120 million.
- Regions took $205 million of losses selling lower-yielding bonds and reinvested at higher rates; borrowings rose $3.7 billion, lifting cash to $10.7 billion.
- New disclosures include a January 2025 USAA patent lawsuit and possible effects from the US debt ceiling and fiscal, trade and immigration policy changes.
Business momentum
Weakening
“Regions reported net income available to common shareholders of $1.8 billion or $1.93 per diluted share in 2024 compared to net income available to common shareholders of $2.0 billion or $2.11 per diluted share in 2023.”
Outlook
Neutral
“The risks to the base economic forecast are considered to be balanced.”
Financial stress
Low
“Cash and cash equivalents at the holding company exceeded minimums and totaled $2.4 billion at December 31, 2024.”
Tone against the previous report
About the same
Red flags
- Minor
Major lawsuit
“On January 28, 2025, USAA filed a lawsuit against Regions in the United States District Court, Eastern District of Texas, alleging that our mobile remote deposit capture process infringes certain patents held by USAA.”
Positives
Non-interest expenses fell as fraud losses and FDIC charges declined
“The decrease was driven by declines in operational losses, FDIC insurance assessments primarily related to the special assessment initially recognized in 2023, and miscellaneous expenses.”
Fee income held steady, with capital markets income up 56.8%
“The improvement was driven by increases in most categories, led by capital markets income.”
Moody's improved its credit outlook to stable
“On September 16, 2024, Moody's affirmed the Company's senior unsecured debt rating and revised its outlook to stable from negative citing its very strong deposit franchise, sound profitability and conservative asset risk profile.”
Concerns
Net interest income, the main earnings source, fell on higher funding costs
“Net interest income (taxable-equivalent basis) decreased by $503 million in 2024 compared to 2023, and net interest margin decreased by 36 basis points to 3.54 percent in 2024.”
Problem loans rose, led by office, transportation, apartment and retail borrowers
“Non-performing loans at December 31, 2024 increased $120 million as compared to year-end 2023 levels primarily due to increases in the industries or property types of office, transportation and warehousing, apartments and retail”
Loan write-offs increased and total loans shrank 1.7%
“Net charge-offs totaled $458 million, or 0.47 percent of average loans, in 2024, compared to $397 million, or 0.40 percent in 2023”
New risks since the previous report
US government debt default or debt-ceiling standoff could cut bond values and hurt capital
“A U.S. government debt default would have material adverse impact on our business and financial performance, including a decrease in the value of Treasury bonds and other government securities held by us”
Uncertain changes to fiscal, trade, immigration and regulatory policy cloud the 2025 forecast
“There is considerable uncertainty around any forecast for 2025 made before the specific details of changes to fiscal, trade, immigration, and regulatory policy are made known.”
Patent claims over the mobile check deposit technology
“We could incur significant expenses defending these claims and any future claims, even those without merit.”
Fewer rate cuts could strain property loans and companies refinancing debt
“To the extent there is less relief on the rates front than anticipated, potential downside risks from certain pockets of commercial real estate and the volume of debt in the non-financial corporate sector”
Biggest risks named
- Higher credit losses, especially in office, senior housing and trucking loans
- Interest rate moves squeezing income and bond values
- Deposit losses or shifts into higher-cost accounts
- Cyber-attacks, system failures and fraud
- Regulatory changes on capital, overdraft and debit card fees
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | −6 | |
| Outlook | 0 | |
| Tone against the previous report | 0 | |
| Financial stress | 0 | |
| Red flags | −1.2 | |
| New risks | −2 | |
| Score | 51 | |
Written by AI (Claude Opus 5.5) from the report’s text. 14 of 14 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Feb 24, 2026 | Pro | |||
| 10-K | Feb 21, 2025 | 51 | Weakening | 1 minor | |
| 10-K | Feb 23, 2024 | 50 | Mixed | 1 minor | |
| 10-K | Feb 24, 2023 | 59 | Mixed | 1 minor | |
| 10-K | Feb 24, 2022 | 77 | Strong improvement | None | |
| 10-K | Feb 16, 2016 | 46 | Mixed | 3 medium1 minor | |
| 10-K | Feb 21, 2013 | 65 | Improving | None | |
| 10-K | Feb 24, 2012 | 50 | Mixed | 2 medium | |
| 10-K | Feb 24, 2011 | 61 | Improving | 1 medium | |
| 10-K | Feb 22, 2010 | 46 | Improving | 3 medium |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q2 FY2026 (period ended Jun 30, 2026), filed Aug 6, 2026. View filings on SEC EDGAR