RF

EX-99.1

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EX-99.1

Document

Exhibit 99.1

Regions Reports Earnings of $549 Million and EPS of $0.64 in 2Q 2026

BIRMINGHAM, Ala. - (BUSINESS WIRE) - July 17, 2026 - Regions Financial Corp. (NYSE:RF) today reported second quarter 2026 earnings of $549 million and diluted EPS of $0.64. On an adjusted basis, earnings(1) were $583 million, with diluted EPS(1) of $0.68. Total revenue remained relatively stable while diluted EPS increased 8 percent compared to second quarter of 2025. Adjusted total revenue(1) increased 2 percent, and adjusted diluted EPS(1) increased 13 percent compared to second quarter of 2025.

Financial HighlightsSoundness

Quarter Ended

•Low-cost deposit base continued to deliver peer-leading interest-bearing deposit costs of 1.69% in 2Q26

•Robust capital with CET1 of 10.7% (9.5% inclusive of AOCI(1)) supported by strong organic capital generation

•Annualized net charge-offs decreased 12 bps QoQ to 42 bps; business services criticized loans and NPLs also decreased QoQ while ACL/NPLs increased to 241%

($ amounts in millions, except per share data)

2Q261Q26

Earnings Summary

Net income$570 $559

Net income available to common shareholders549 539

Adj. net income avail. to common shareholders(1) 583 539

Diluted earnings per common share0.64 0.62

Adj. diluted earnings per common share(1) 0.68 0.62 Profitability

Balance Sheet Summary

•Best-in-class hedging program creates a mostly neutral short-term interest rate position and supports a top-quartile 2Q26 NIM of 3.66%

•Regions continues to generate top-quartile returns vs its peer group; 2Q26 reported ROATCE of 19% and adjusted ROATCE(1) of 20%

•Expenses remained well-controlled; supporting self-funding of growth initiatives

Average loans, net of unearned income$98,722 $96,423

Average deposits130,691 130,234

Credit Quality

Allowance for credit losses ratio 1.63 %1.68 %

Net charge-offs / average loans*

0.42 0.54

Selected Ratios

Return on average assets* 1.42 %1.42 %Growth

Return on average common equity* 12.73 12.35

•Net income grew 2% and diluted EPS 3% QoQ; Adj. net income grew 8% and adj. diluted EPS 10%(1)

•2Q26 average loans increased 2% while ending loans increased 1% vs 1Q26; growth driven primarily by high-quality, broad-based C&I loans

•2Q26 reflects another record quarter of Wealth Management income (5th in the last 6 quarters)

•Expanding municipal finance expertise and long-term growth opportunities within capital markets through the 7/1/2026 acquisition of The Frazer Lanier Company

Return on avg. tangible common equity*(1) 19.01 18.26

Adj. return on avg. tangible common equity*(1) 20.18 18.26

Net interest margin (FTE)* 3.66 3.67

Efficiency ratio58.3 56.6

Adjusted efficiency ratio(1) 56.9 56.6

Common equity Tier 1 ratio(2) 10.7 10.7

Common equity Tier 1 ratio (incl. AOCI)(1)(2) 9.5 9.4

Effective Tax Rate 20.7 21.6

*Annualized

(1) Non-GAAP; refer to reconciliations in the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the Securities and Exchange Commission ("SEC") on Jul. 17, 2026. (2) Current quarter is estimated.

John Turner, Chairman, President and CEO of Regions Financial Corp.

"Strategic execution and solid delivery define our results for the second quarter. And, together, they're giving Regions clear momentum going into the second half of the year. As our markets grow, Regions Bank is focused on leveraging every opportunity to illustrate the Regions difference to more consumers, businesses, Wealth Management clients, and homeowners. We have a solid value proposition. We know the needs and opportunities in our markets based on the depth of our local experience. And we have not only the historical commitment, but also the forward-leaning investments in technology and innovation that we believe position us to compete and grow effectively. The foundation for our growth - including focusing on what we can control, operating to the highest standards, and keeping the customer first - hasn't changed. As we expand our capabilities and grow our talented group of bankers, that foundation is stronger than ever before and will serve us well in the years to come."

1

Total revenue

Quarter Ended

($ amounts in millions)6/30/20263/31/20266/30/20252Q26 vs. 1Q262Q26 vs. 2Q25

Net interest income$1,277 $1,248 $1,259 $29 2.3 %$18 1.4 %

Taxable equivalent adjustment14 13 12 1 7.7 %2 16.7 %

Net interest income, taxable equivalent basis$1,291 $1,261 $1,271 $30 2.4 %$20 1.6 %

Net interest margin (FTE)* 3.66 %3.67 %3.65 %

Non-interest income:

Service charges on deposit accounts$167 $163 $151 $4 2.5 %$16 10.6 %

Card and ATM fees126 117 125 9 7.7 %1 0.8 %

Wealth management income150 141 133 9 6.4 %17 12.8 %

Capital markets income84 84 83 — — %1 1.2 %

Mortgage income33 32 48 1 3.1 %(15)(31.3)%

Commercial credit fee income28 30 29 (2)(6.7)%(1)(3.4)%

BOLI income24 30 24 (6)(20.0)%— — %

Market va

EX-99.1

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Document

Exhibit 99.1

Regions Reports earnings of $539 million and EPS of $0.62 in 1Q 2026

$1.9 billion in total revenue reflects 5 percent year-over-year growth.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - April 17, 2026 - Regions Financial Corp. (NYSE:RF) today reported first quarter 2026 earnings of $539 million and diluted EPS of $0.62. Total revenue increased 5 percent, and pre-tax pre-provision income(1) increased 8 percent compared to first quarter of 2025. Adjusted total revenue(1) increased 4 percent, and adjusted pre-tax pre-provision income(1) increased 4 percent compared to first quarter of 2025.

Financial HighlightsSoundness

Quarter Ended

•Low-cost deposit base continued to deliver peer-leading interest-bearing deposit costs of 1.72% in 1Q26

•Robust capital with CET1 of 10.6% (9.4% inclusive of AOCI(1)) supported by strong organic capital generation

•Business services criticized loans as a percent of business loans decreased 16 bps to 5.15% while NPLs to total loans decreased 2 bps to 0.71%; ACL/NPLs remains solid at 238%

($ amounts in millions, except per share data)

1Q264Q25

Earnings Summary

Net income$559 $534

Net income available to common shareholders539 514

Adj. net income avail. to common shareholders(1) 539 504

Diluted earnings per common share0.62 0.58

Adj. diluted earnings per common share(1) 0.62 0.57 Profitability

Balance Sheet Summary

•Best-in-class hedging program creates a mostly neutral short-term interest rate position and supports a top-quartile 1Q26 NIM of 3.67%

•Regions has consistently generated top-quartile returns vs its peer group; 1Q26 ROATCE of 18.26%

•Expenses remain well-controlled; supports self-funding of growth initiatives

Average loans$96,423 $95,651

Average deposits130,234 129,850

Credit Quality

Allowance for credit losses ratio 1.68 %1.76 %

Net charge-offs / average loans*

0.54 0.59

Selected Ratios

Return on average assets* 1.42 %1.34 %Growth

Return on average common equity* 12.35 11.58

•Net income grew 16% and diluted EPS 22% YoY; Adj. net income grew 11% and diluted EPS 15%(1)

•1Q26 average loans increased 1% while ending loans increased 2% vs 4Q25; growth driven primarily by high-quality broad-based C&I loans

•1Q26 reflects a record quarter of Treasury Management fees

•Significant progress in hiring and reskilling of bankers to support growth initiatives throughout the company's priority markets

Return on avg. tangible common equity*(1) 18.26 17.17

Adj. return on avg. tangible common equity*(1) 18.26 16.84

Net interest margin (FTE)* 3.67 3.70

Efficiency ratio56.6 56.8

Adjusted efficiency ratio(1) 56.6 57.5

Common equity Tier 1 ratio(2) 10.7 10.9

Common equity Tier 1 ratio (incl. AOCI)(1)(2) 9.4 9.7

Effective Tax Rate 21.6 24.5

*Annualized

(1) Non-GAAP; refer to reconciliations in the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the SEC on Apr. 17, 2026. (2) Current quarter is estimated.

John Turner, Chairman, President and CEO of Regions Financial Corp.

"Our results reflect the strength of our franchise, the continued momentum of our markets, and our consistent focus on solid execution amid an evolving macroeconomic backdrop. Growth in loans and deposits accelerated during the first quarter, credit metrics continued to improve, and client sentiment remained generally optimistic across our footprint. At the same time, we are making meaningful progress on our core transformation, including key technology and AI investments that are enhancing efficiency and the customer experience, while remaining attentive to near‑term growth drivers. Together, these actions support our confidence to deliver on our strategic priorities throughout the year."

1

Total revenue

Quarter Ended

($ amounts in millions)3/31/202612/31/20253/31/20251Q26 vs. 4Q251Q26 vs. 1Q25

Net interest income$1,248 $1,281 $1,194 $(33)(2.6)%$54 4.5 %

Taxable equivalent adjustment13 13 12 — — %1 8.3 %

Net interest income, taxable equivalent basis$1,261 $1,294 $1,206 $(33)(2.6)%$55 4.6 %

Net interest margin (FTE)* 3.67 %3.70 %3.52 %

Non-interest income:

Service charges on deposit accounts$163 $163 $161 $— — %$2 1.2 %

Card and ATM fees117 123 117 (6)(4.9)%— — %

Wealth management income141 143 129 (2)(1.4)%12 9.3 %

Capital markets income84 80 80 4 5.0 %4 5.0 %

Mortgage income32 32 40 — — %(8)(20.0)%

Commercial credit fee income30 30 27 — — %3 11.1 %

Bank-owned life insurance30 23 23 7 30.4 %7 30.4 %

Market value adjustments on employee benefit assets**

(5)(5)(3)— NM(2)66.7 %

Securities gains (losses), net(3)— (25)(3)NM22 88.0 %

Other miscellaneous income36 51 41 (15)(29.4)%(5)(12.2)%

Non-interest income$625 $640 $590 $(15)(2.3)%$35 5.9 %

Adjusted non-interest income (non-GAAP)(1)

$625 $640 $615 $(15)(2.3)%$10 1.6 %

Total revenue$1,873 $1,921 $1,784 $(48)(2.5)%$89 5.0 %

Adjusted total revenue (non-GAAP)(1) $1,873 $1

EX-99.1

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Exhibit 99.1

Regions Reports Strong Earnings Growth in 2025,

New Annual Records in Wealth Management and Treasury Management Income

$1.9 billion in total revenue reflects 6 percent year-over-year growth.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - Jan. 16, 2026 - Regions Financial Corp. (NYSE:RF) today reported fourth quarter 2025 earnings of $514 million and diluted EPS of $0.58. For the full-year 2025, earnings were $2.1 billion and diluted EPS was $2.30. Adjusted full-year earnings were $2.1 billion, a 7 percent increase year-over-year, and adjusted EPS was $2.33, up 9 percent year-over-year.

Financial HighlightsSoundness

Quarter EndedYear Ended

•Low-cost deposit base continues to deliver peer-leading interest-bearing deposit costs of 1.85% in 4Q25

•Robust capital with CET1 of 10.8% (9.6% inclusive of AOCI(1)) supported by strong organic capital generation

•Business services criticized loans decreased 9% while NPL balances declined 8%; ACL/NPLs increased to 242%

($ amounts in millions, except per share data)

4Q253Q2520252024

Earnings Summary

Net income$534 $569 $2,156 $1,893

Net income available to common shareholders514 548 2,061 1,774

Adj. net income avail. to common shareholders(1) 504 561 2,090 1,952

Diluted earnings per common share0.58 0.61 2.30 1.93

Adj. diluted earnings per common share(1) 0.57 0.63 2.33 2.13 Profitability

Balance Sheet Summary

•Best-in-class hedging program creates a mostly neutral short-term interest rate position and supports a top-quartile 4Q25 NIM of 3.70%

•Regions expects 2025 18.25% ROATCE to represent 5th consecutive year as highest in its peer group

•Expenses remain well-controlled; supports self-funding of growth initiatives

Average loans$95,651 $96,647 $96,124 $97,036

Average deposits129,850 129,575 129,146 126,615

Credit Quality

Allowance for credit losses ratio 1.76 %%1.78 %%1.76 %%1.78 %%

Net charge-offs / average loans*

0.59 0.55 0.53 0.47

Selected Ratios

Return on average assets* 1.34 %%1.42 %%1.36 %%1.23 %%Growth

Return on average common equity* 11.58 12.56 12.09 11.24

•Continuing to grow accounts across consumer checking, small business and wealth management

•2025 represents another annual record for Wealth Management and Treasury Management income; 2nd highest year for Capital Markets income

•Significant progress in hiring and reskilling of bankers to support growth initiatives

Return on avg. tangible common equity*(1) 17.17 18.81 18.25 17.77

Adj. return on avg. tangible common equity*(1) 16.84 19.24 18.51 19.55

Net interest margin (FTE)* 3.70 3.59 3.61 3.54

Efficiency ratio56.8 57.2 56.9 59.5

Adjusted efficiency ratio(1) 57.5 56.9 56.8 57.6

Common equity Tier 1 ratio(2) 10.8 10.9 10.8 10.9

Common equity Tier 1 ratio (incl. AOCI)(1)(2) 9.6 9.6 9.6 9.6

Effective Tax Rate 24.5 19.7 21.4 19.6

*Annualized

(1) Non-GAAP; refer to reconciliations in the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the SEC on Jan. 16, 2026.(2) Current quarter is estimated

John Turner, Chairman, President and CEO of Regions Financial Corp.

While operating in a competitive environment, and in many of the strongest markets in the country, our teams delivered solid growth in 2025 by attracting more clients across our lines of business and generating record-breaking results in Wealth Management and Treasury Management. We see improving underlying trends in the nation's economy, further supporting the momentum we've built and strengthening our foundation for solid performance in 2026. We're in a great capital position while modernizing and enhancing our technology. And we're extremely well positioned to continue growing with our markets and delivering strong returns for our shareholders.

1

Diluted earnings per common share - 4Q25

($ amounts in millions, except per share data)

Diluted earnings per common share (GAAP) - 4Q25$0.58

Adjusted diluted earnings per common share (non-GAAP) - 4Q25(1) $0.57

Additional selected items impacting 4Q25 earnings*:

Pre-tax additional selected items:

Salaries and employee benefits - severance charges

$7

Visa Class B litigation escrow funding 5

Non-qualified benefit plan settlement charge

2

Total pre-tax impact of additional selected items$14

After-tax additional selected items:

Increase in state income tax reserves $26

Diluted earnings per share impact of additional selected items - 4Q25 **$(0.04)

* Items impacting results or trends during the quarter, but are not considered non-GAAP adjustments.

** Based on income taxes at an approximate 25% incremental rate.

The additional selected items presented in the table above represent activities impacting the company's performance which are not included in its disclosed non-GAAP reconciliations. The $26 million of additional income tax expense was related primarily to an increase of state income tax reserves. This adj

EX-99.1

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Exhibit 99.1

Regions Reports Solid Third Quarter Results,

New Records in Wealth and Capital Markets Performance

$1.9 billion in total revenue reflects 7 percent year-over-year growth.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - Oct. 17, 2025 - Regions Financial Corp. (NYSE:RF) today reported third quarter 2025 earnings of $548 million and diluted EPS of $0.61. Adjusted earnings were $561 million, an 8 percent increase year-over-year, and adjusted EPS of $0.63, up 11 percent.

Financial HighlightsSoundness

Quarter Ended

•Robust capital with CET1 of 10.8% supported by strong organic capital generation

•Business services criticized loans decreased ~$1B or 20% while NPL balances declined 2%; ACL/NPLs increased to 226%

•Low-cost deposit base continues to deliver peer-leading interest-bearing deposit costs of 2.01%

($ amounts in millions, except per share data) 9/30/20256/30/20259/30/2024

Earnings Summary

Net income$569 $563 $490

Net income available to common shareholders548 534 446

Adj. net income avail. to common shareholders(1) 561 538 520

Diluted earnings per common share0.61 0.59 0.49

Adj. diluted earnings per common share(1) 0.63 0.60 0.57 Profitability

Balance Sheet Summary

•Best-in-class hedging program creates a mostly neutral interest rate position and supports a top-quartile 3Q25 NIM of 3.59%

•Regions remains on target to generate peer-leading ROATCE again in 2025 representing the 5th consecutive year

•Expenses remain well-controlled and supports self-funding of core modernization and growth initiatives

Average loans$96,647 $96,077 $97,040

Average deposits129,575 129,444 125,950

Credit Quality

Allowance for credit losses ratio 1.78 %1.80 %1.79 %

Net charge-offs / average loans*

0.55 0.47 0.48

Selected Ratios

Return on average assets* 1.42 %1.43 %1.26 %Growth

Return on average common equity* 12.56 12.72 10.88

•Continuing to grow accounts across consumer checking, small business and wealth management

•Wealth Management marked its 3rd consecutive record fee quarter, alongside new record performance in Capital Markets (excl. customer derivative valuation adjustments)

•Hiring and reskilling of bankers to support growth initiatives remains on track

Return on avg. tangible common equity*(1) 18.81 19.34 16.87

Adj. return on avg. tangible common equity*(1) 19.24 19.48 19.68

Net interest margin (FTE)* 3.59 3.65 3.54

Efficiency ratio57.2 56.0 59.3

Adjusted efficiency ratio(1) 56.9 56.0 56.9

Common equity Tier 1 ratio10.8 10.8 10.6

Adj. common equity Tier 1 ratio(1) 9.5 9.3 9.1

*Annualized

(1) Non-GAAP; refer to reconciliations in the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the SEC on Oct. 17, 2025.

John Turner, Chairman, President and CEO of Regions Financial Corp.

"Our third quarter results highlight the strength of our franchise and the impact of disciplined execution across our businesses. We grew average deposits, expanded client relationships, and delivered another record quarter in Wealth Management and Capital Markets, while Treasury Management remains strong. The Regions brand remains a steady, growing presence across dynamic markets in the Southeast, Texas and the Midwest, backed by experienced teams, investments in technology, and a long-standing commitment to our communities. These strengths position us to compete and win, with momentum building into 2026 as we continue delivering long-term value for our shareholders."

Investor Relations Contact: Dana Nolan (205) 264-7040 | Media Contact: Jeremy King (205) 264-4551

Total revenue

Quarter Ended

($ amounts in millions)9/30/20256/30/20259/30/20243Q25 vs. 2Q253Q25 vs. 3Q24

Net interest income$1,257 $1,259 $1,218 $(2)(0.2)%$39 3.2 %

Taxable equivalent adjustment12 12 12 — — %— — %

Net interest income, taxable equivalent basis$1,269 $1,271 $1,230 $(2)(0.2)%$39 3.2 %

Net interest margin (FTE)* 3.59 %3.65 %3.54 %

Non-interest income:

Service charges on deposit accounts$160 $151 $158 $9 6.0 %$2 1.3 %

Card and ATM fees122 125 118 (3)(2.4)%4 3.4 %

Wealth management income139 133 128 6 4.5 %11 8.6 %

Capital markets income104 83 92 21 25.3 %12 13.0 %

Mortgage income38 48 36 (10)(20.8)%2 5.6 %

Commercial credit fee income28 29 28 (1)(3.4)%— — %

Bank-owned life insurance25 24 28 1 4.2 %(3)(10.7)%

Market value adjustments on employee benefit assets** 12 16 13 (4)(25.0)%(1)(7.7)%

Securities gains (losses), net(27)(1)(78)(26)NM51 65.4 %

Other miscellaneous income58 38 49 20 52.6 %9 18.4 %

Non-interest income$659 $646 $572 $13 2.0 %$87 15.2 %

Adjusted non-interest income (non-GAAP)(1)

$684 $646 $650 $38 5.9 %$34 5.2 %

Total revenue$1,916 $1,905 $1,790 $11 0.6 %$126 7.0 %

Adjusted total revenue (non-GAAP)(1) $1,941 $1,905 $1,868 $36 1.9 %$73 3.9 %

NM - Not Meaningful

* Annualized

** These market value adjustments relate to assets held for employee and director be

EX-99.1

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Momentum. Growth. Results. Regions reports second quarter 2025 earnings of $534 million, earnings per diluted share of $0.59; Adjusted earnings(1) of $538 million, adjusted earnings per diluted share(1) of $0.60

$1.9 billion in total revenue reflects 10 percent year-over-year growth.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - July 18, 2025 - Regions Financial Corp. (NYSE:RF) today reported earnings for the second quarter ended June 30, 2025. The company reported second quarter net income available to common shareholders of $534 million and diluted earnings per common share of $0.59. Adjusted net income available to common shareholders(1) was $538 million, and adjusted diluted earnings per common share(1) was $0.60. Compared to the second quarter of 2024, reported and adjusted net income available to common shareholders(1) increased 12 percent and 10 percent, respectively. The company reported $1.9 billion in total revenue during the second quarter, including $832 million in pre-tax pre-provision income(1).

"Our second quarter results demonstrate continued momentum across our franchise and the benefits of the strategic investments we've made in talent, technology, and capabilities," said John Turner, Chairman, President and CEO of Regions Financial Corp.

Turner added, "We are experiencing solid deposit growth, disciplined loan production, and strong performance across fee-based businesses, including Treasury Management and Wealth Management. As we modernize our platforms and expand further in key growth areas across our footprint, we remain committed to executing our plan while generating top-quartile returns and long-term value for our shareholders. Our strong performance is the result of remaining focused on the financial needs and opportunities of our clients and operating in a responsible manner for the benefit of the people we serve."

1

SUMMARY OF SECOND QUARTER RESULTS:

Quarter Ended

(amounts in millions, except per share data)6/30/20253/31/20256/30/2024

Net income$563 $490 $501

Preferred dividends and other*29 25 24

Net income available to common shareholders$534 $465 $477

Adjusted net income available to common shareholders (non-GAAP)(1) $538 $487 $488

Weighted-average diluted shares outstanding900 910 918

Actual shares outstanding—end of period894 899 915

Diluted earnings per common share$0.59 $0.51 $0.52

Adjusted diluted earnings per common share (non-GAAP)(1) $0.60 $0.54 $0.53

*        The second quarter 2025 amount includes $4 million of Series D preferred stock issuance costs, which reduced net income available to common shareholders when the shares were redeemed.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance. See "Use of Non-GAAP Financial Measures" below for more information.

2

Total revenue

Quarter Ended

($ amounts in millions)6/30/20253/31/20256/30/20242Q25 vs. 1Q252Q25 vs. 2Q24

Net interest income$1,259 $1,194 $1,186 $65 5.4 %$73 6.2 %

Taxable equivalent adjustment12 12 12 — — %— — %

Net interest income, taxable equivalent basis$1,271 $1,206 $1,198 $65 5.4 %$73 6.1 %

Net interest margin (FTE)3.65 %3.52 %3.51 %

Non-interest income:

Service charges on deposit accounts$151 $161 $151 $(10)(6.2)%$— — %

Card and ATM fees125 117 120 8 6.8 %5 4.2 %

Wealth management income133 129 122 4 3.1 %11 9.0 %

Capital markets income83 80 68 3 3.8 %15 22.1 %

Mortgage income48 40 34 8 20.0 %14 41.2 %

Commercial credit fee income29 27 28 2 7.4 %1 3.6 %

Bank-owned life insurance24 23 30 1 4.3 %(6)(20.0)%

Market value adjustments on employee benefit assets*16 (3)2 19 NM14 NM

Securities gains (losses), net(1)(25)(50)24 96.0 %49 98.0 %

Other miscellaneous income38 41 40 (3)(7.3)%(2)(5.0)%

Non-interest income$646 $590 $545 $56 9.5 %$101 18.5 %

Adjusted non-interest income (non-GAAP)(1)

$646 $615 $595 $31 5.0 %$51 8.6 %

Total revenue$1,905 $1,784 $1,731 $121 6.8 %$174 10.1 %

Adjusted total revenue (non-GAAP)(1) $1,905 $1,809 $1,781 $96 5.3 %$124 7.0 %

NM - Not Meaningful

* These market value adjustments relate to assets held for employee and director benefits that are offset within salaries and employee benefits and other non-interest expense.

Total revenue increased 7 percent on a reported basis and 5 percent on an adjusted basis(1) compared to the first quarter of 2025. The benefits of fixed-rate asset turnover, better funding costs and mix, credit-related recoveries, an additional day, and nonrecurring items that reduced the prior quarter increased net interest income by 5 percent. Total net interest margin increased 13 basis points to 3.65 percent.

3

Non-interest income increased 9 percent on a reported basis and 5

EX-99.1

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Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Solid performance. A strong foundation. Regions reports first quarter 2025 earnings of $465 million, earnings per diluted share of $0.51; Adjusted earnings(1) of $487 million, adjusted earnings per diluted share(1) of $0.54

$1.8 billion in total revenue reflects 2 percent year-over-year growth.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - April 17, 2025 - Regions Financial Corp. (NYSE:RF) today reported earnings for the first quarter ended March 31, 2025. The company reported first quarter net income available to common shareholders of $465 million and diluted earnings per common share of $0.51. Adjusted net income available to common shareholders(1) was $487 million and adjusted diluted earnings per common share(1) was $0.54. Compared to the first quarter of 2024, reported and adjusted net income available to common shareholders increased 36 percent and 20 percent, respectively. The company reported $1.8 billion in total revenue during the first quarter, including $745 million in reported pre-tax pre-provision income(1) and $774 million in adjusted pre-tax pre-provision income(1). First quarter reported results were impacted primarily by $25 million of pre-tax realized securities losses associated with an additional strategic securities repositioning.

"First quarter results reflect our unwavering commitment to our longstanding priorities of soundness, profitability and growth and our continued focus on successfully executing our strategic plan. We believe our de-risking efforts and best-in-class hedging program coupled with our investments in talent, technology, products and services position us well to perform across a wide array of economic conditions while allowing us to continue capitalizing on opportunities," said John Turner, Chairman, President and CEO of Regions Financial Corp.

Turner added, "We are a relationship bank, and we are proud to serve as a source of strength and stability for our customers in times of economic uncertainty. Evidence of this is reflected in our first quarter deposit growth, driven in part by deepening relationships and account growth. Regions is distinguished by a long-term, ongoing presence in many of the nation's most stable and vibrant markets, including the Southeast and Texas. That puts us in a stronger position to generate sustainable performance even amid economic uncertainty, and it gives us a steady foundation for future growth."

1

SUMMARY OF FIRST QUARTER RESULTS:

Quarter Ended

(amounts in millions, except per share data)3/31/202512/31/20243/31/2024

Net income$490 $534 $368

Preferred dividends 25 26 25

Net income available to common shareholders$465 $508 $343

Adjusted net income available to common shareholders (non-GAAP)(1) $487 $538 $406

Weighted-average diluted shares outstanding910 915 923

Actual shares outstanding—end of period899 909 918

Diluted earnings per common share$0.51 $0.56 $0.37

Adjusted diluted earnings per common share (non-GAAP)(1) $0.54 $0.59 $0.44

Additional selected items also impacting earnings:

Pre-tax additional selected items*:

Incremental operational losses related to check warranty claims$— $— $(22)

*    Items impacting results or trends during the applicable period, but are not considered non-GAAP adjustments.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance. See "Use of Non-GAAP Financial Measures" below for more information.

2

Total revenue

Quarter Ended

($ amounts in millions)3/31/202512/31/20243/31/20241Q25 vs. 4Q241Q25 vs. 1Q24

Net interest income$1,194 $1,230 $1,184 $(36)(2.9)%$10 0.8 %

Taxable equivalent adjustment12 13 13 (1)(7.7)%(1)(7.7)%

Net interest income, taxable equivalent basis$1,206 $1,243 $1,197 $(37)(3.0)%$9 0.8 %

Net interest margin (FTE)3.52 %3.55 %3.55 %

Non-interest income:

Service charges on deposit accounts$161 $155 $148 $6 3.9 %$13 8.8 %

Card and ATM fees117 113 116 4 3.5 %1 0.9 %

Wealth management income129 126 119 3 2.4 %10 8.4 %

Capital markets income80 97 91 (17)(17.5)%(11)(12.1)%

Mortgage income40 35 41 5 14.3 %(1)(2.4)%

Commercial credit fee income27 28 27 (1)(3.6)%— — %

Bank-owned life insurance23 21 23 2 9.5 %— — %

Market value adjustments on employee benefit assets*(3)(5)15 2 40.0 %(18)(120.0)%

Securities gains (losses), net(25)(30)(50)5 16.7 %25 50.0 %

Other miscellaneous income41 45 33 (4)(8.9)%8 24.2 %

Non-interest income$590 $585 $563 $5 0.9 %$27 4.8 %

Adjusted non-interest income (non-GAAP)(1)

$615 $615 $613 $— — %$2 0.3 %

Total revenue$1,784 $1,815 $1,747 $(31)(1.7)%$37 2.1 %

Adjusted total revenue (non-GAAP)(1) $1,809 $1,845 $1,797 $(36)(2.0)%$12 0.7 %

NM - Not Meaningful

* These market value adjustme

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

A Strong Foundation for 2025. Regions reports 2024 earnings of $1.8 billion, earnings per diluted share of $1.93

Strategic execution of Regions' long-term plan leads to record performance across certain businesses.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - Jan. 17, 2025 - Regions Financial Corp. (NYSE:RF) today reported earnings for the fourth quarter and full-year ended Dec. 31, 2024. The company reported fourth quarter net income available to common shareholders of $508 million and diluted earnings per common share of $0.56. For the full-year 2024, the company reported net income available to common shareholders of $1.8 billion and diluted earnings per common share of $1.93. The company reported $1.8 billion in total revenue during the fourth quarter, including $777 million in reported pre-tax pre-provision income(1) and $816 million in adjusted pre-tax pre-provision income(1). Fourth quarter results were impacted by additional strategic securities repositioning and severance charges.

"This was a year of records at Regions, with our performance driven by a consistent focus on superior service as well as soundness, profitability, and growth. Our Capital Markets and Wealth Management businesses, as well as our Treasury Management products and services, all generated record revenue," said John Turner, Chairman, President and CEO of Regions Financial Corp.

Turner added, "We are excited about the momentum we have going into 2025 and remain focused on a solid growth plan, aided by the continued strength of the markets where we do business and leaders who inspire outstanding performance. Importantly, we have a team of 20,000 associates who consider the needs of our customers in every decision we make, taking the extra steps to turn ordinary experiences into something extraordinary. Our focus on providing best-in-class customer service is evident by our receipt of the Forbes Best Customer Service award. I'm proud to be part of the Regions team and of the way we take care of our customers and communities, and I look forward to what we will achieve together in 2025 and beyond."

1

SUMMARY OF FOURTH QUARTER and FULL-YEAR 2024 RESULTS:

Quarter EndedYear Ended

(amounts in millions, except per share data)12/31/20249/30/202412/31/202320242023

Net income$534 $490 $391 1,893 2,074

Preferred dividends and other*26 44 24 119 98

Net income available to common shareholders$508 $446 $367 $1,774 $1,976

Weighted-average diluted shares outstanding915 918 931 918 938

Actual shares outstanding—end of period909 911 924 909 924

Diluted earnings per common share$0.56 $0.49 $0.39 $1.93 $2.11

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$(9)$— $(147)$(16)$(154)

Adjustments to non-interest income(1)

(30)(78)(1)(208)(3)

Net provision benefit/(expense) from sale of unsecured consumer loans — — (8)— (8)

Total pre-tax adjusted items(1)

$(39)$(78)$(156)$(224)$(165)

After-tax preferred stock redemption expense*

$— $(15)$— $(15)$—

Diluted EPS impact**$(0.03)$(0.08)$(0.13)$(0.19)$(0.13)

Pre-tax additional selected items***:

Incremental operational losses related to check warranty claims $— $— $— $(22)$(135)

Visa Class B litigation escrow funding — 14 — 14 —

*        The third quarter 2024 amount includes $15 million of deferred issuance costs recognized upon the redemption of Series B preferred stock. Excluding the preceding adjusted item, total third quarter 2024 preferred dividends also includes $4 million representing a partial dividend payment on the newly issued Series F preferred stock.

**     Based on income taxes at an approximate 25% incremental rate. A second quarter 2024 adjustment to non-interest expense for a contingent reserve release related to a prior acquisition included a non-taxable component.

***     Items impacting results or trends during the period, but are not considered non-GAAP adjustments.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance.

2

Total revenue

Quarter Ended

($ amounts in millions)12/31/20249/30/202412/31/20234Q24 vs. 3Q244Q24 vs. 4Q23

Net interest income$1,230 $1,218 $1,231 $12 1.0 %$(1)(0.1)%

Taxable equivalent adjustment13 12 13 1 8.3 %— — %

Net interest income, taxable equivalent basis$1,243 $1,230 $1,244 $13 1.1 %$(1)(0.1)%

Net interest margin (FTE)3.55 %3.54 %3.60 %

Non-interest income:

Service charges on deposit accounts$155 $158 $143 $(3)(1.9)%$12 8.4 %

Card and ATM fees113 118 127 (5)(4.2)%(14)(11.0)%

Wealth management income126 128 117 (2)(1.6)%9 7.7 %

Capital markets income97 92 48 5 5.4 %49 102.1 %

Mortgage income35 36 31 (1)(2.8)%4 12.9 %

Com

EX-99.1

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Regions reports third quarter 2024 earnings of $446 million, earnings per diluted share of $0.49

Strategic execution of Regions' long-term plan leads to solid core performance, quarterly revenue growth.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - October 18, 2024 - Regions Financial Corp. (NYSE:RF) today reported earnings for the third quarter ended September 30, 2024. The company reported third quarter net income available to common shareholders of $446 million and earnings per diluted share of $0.49. The company reported $1.8 billion in total revenue during the quarter, including $721 million in reported pre-tax pre-provision income(1) and $799 million in adjusted pre-tax pre-provision income(1). Third quarter results were impacted by the following notable items: the impact of additional strategic securities repositioning and issuance costs associated with the redemption of the company's Series B Preferred Stock. The net impact of these items reduced reported third quarter earnings per diluted share by $0.08.

“During the third quarter, Regions continued its focus on delivering consistent, sustainable, long-term performance as evidenced by our solid quarterly revenue growth, including another record within wealth management, and margin expansion despite a challenging lending and interest rate environment. We have a great strategic plan and a leadership team with a proven track record of successful execution. The investments we are making in talent, technology, products and services, along with our fast-growing markets, position us well to continue generating top-quartile returns," said John Turner, Chairman, President and CEO of Regions Financial Corp.

Turner added, "To that end, I am proud of how our teams have responded to serve and support communities impacted by the recent hurricanes. Our branch network fared well, with minimal impacts from the storms, and we immediately launched disaster-recovery financial services to help customers and associates with storm-related needs."

1

SUMMARY OF THIRD QUARTER 2024 RESULTS:

Quarter Ended

(amounts in millions, except per share data)9/30/20246/30/20249/30/2023

Net income$490 $501 $490

Preferred dividends and other*44 24 25

Net income available to common shareholders$446 $477 $465

Weighted-average diluted shares outstanding918 918 940

Actual shares outstanding—end of period911 915 939

Diluted earnings per common share$0.49 $0.52 $0.49

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$— $28 $(4)

Adjustments to non-interest income(1)

(78)(50)(1)

Total pre-tax adjusted items(1)

$(78)$(22)$(5)

After-tax preferred stock redemption expense*

$(15)$— $—

Diluted EPS impact**$(0.08)$(0.01)$—

Pre-tax additional selected items***:

Incremental operational losses related to check warranty claims $— $— $(53)

Visa Class B litigation escrow funding 14 — —

*        The third quarter 2024 amount includes $15 million of Series B preferred stock issuance costs, which reduced net income available to common shareholders when the shares were redeemed. Excluding the preceding adjusted item, total third quarter 2024 preferred dividends also includes $4 million representing a partial dividend payment for the newly issued Series F preferred stock.

**     Based on income taxes at an approximate 25% incremental rate. The second quarter 2024 adjustment to non-interest expense for a contingent reserve release related to a prior acquisition included a non-taxable component.

***     Items impacting results or trends during the period, but are not considered non-GAAP adjustments.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance.

2

Total revenue

Quarter Ended

($ amounts in millions)9/30/20246/30/20249/30/20233Q24 vs. 2Q243Q24 vs. 3Q23

Net interest income$1,218 $1,186 $1,291 $32 2.7 %$(73)(5.7)%

Taxable equivalent adjustment12 12 13 — — %(1)(7.7)%

Net interest income, taxable equivalent basis$1,230 $1,198 $1,304 $32 2.7 %$(74)(5.7)%

Net interest margin (FTE)3.54 %3.51 %3.73 %

Non-interest income:

Service charges on deposit accounts$158 $151 $142 $7 4.6 %$16 11.3 %

Card and ATM fees118 120 126 (2)(1.7)%(8)(6.3)%

Wealth management income128 122 112 6 4.9 %16 14.3 %

Capital markets income92 68 64 24 35.3 %28 43.8 %

Mortgage income36 34 28 2 5.9 %8 28.6 %

Commercial credit fee income28 28 24 — — %4 16.7 %

Bank-owned life insurance28 30 20 (2)(6.7)%8 40.0 %

Market value adjustments on employee benefit assets*13 2 4 11 NM9 225.0 %

Securities gains (losses), net**

(78)(50)(1)(28)(56.0)%(77)NM

Other miscellaneous income49 40 47 9 22.5 %2 4.3 %

Non-interest

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Regions reports second quarter 2024 earnings of $477 million, earnings per diluted share of $0.52

Solid core performance, favorable credit trends combine to further position the company for consistent, sustainable results.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - July 19, 2024 - Regions Financial Corp. (NYSE:RF) today reported earnings for the second quarter ended June 30, 2024. The company reported second quarter net income available to common shareholders of $477 million and earnings per diluted share of $0.52. The company reported $1.7 billion in total revenue during the quarter, including $727 million in reported pre-tax pre-provision income(1) and $749 million in adjusted pre-tax pre-provision income(1). Second quarter results include the following notable items: an addition to the industry-wide FDIC special assessment accrual, severance-related charges, a contingent reserve release related to a prior acquisition, and the impact of additional securities repositioning.

“Our teams delivered solid second quarter results driven by the successful execution of Regions' business strategies. We have a great plan, and the investments we are making in talent, technology, products and services will continue to benefit us as macroeconomic conditions improve," said John Turner, Chairman, President and CEO of Regions Financial Corp.

Turner added, "The company exceeded all minimum capital levels and maintained a preliminary stress capital buffer at the 2.5 percent floor in the recent Federal Reserve Supervisory Stress Test. These results further underscore the value of our strong and diverse balance sheet, solid capital and liquidity levels, and prudent risk management strategies. We have a strong foundation from which to generate consistent, sustainable, long-term performance and top-quartile returns as we remain focused on execution."

1

SUMMARY OF SECOND QUARTER 2024 RESULTS:

Quarter Ended

(amounts in millions, except per share data)6/30/20243/31/20246/30/2023

Net income$501 $368 $581

Preferred dividends and other24 25 25

Net income available to common shareholders$477 $343 $556

Weighted-average diluted shares outstanding918 923 939

Actual shares outstanding—end of period915 918 939

Diluted earnings per common share$0.52 $0.37 $0.59

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$28 $(34)$(1)

Adjustments to non-interest income(1)

(50)(50)—

Total pre-tax adjusted items(1)

$(22)$(84)$(1)

Diluted EPS impact*$(0.01)$(0.07)$—

Pre-tax additional selected items**:

Incremental operational losses related to check warranty claims $— $(22)$(82)

*     Based on income taxes at an approximate 25% incremental rate. The 2Q24 adjustment to non-interest expense for a contingent reserve release related to a prior acquisition included a non-taxable component.

**     Items impacting results or trends during the period, but are not considered non-GAAP adjustments.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance.

2

Total revenue

Quarter Ended

($ amounts in millions)6/30/20243/31/20246/30/20232Q24 vs. 1Q242Q24 vs. 2Q23

Net interest income$1,186 $1,184 $1,381 $2 0.2 %$(195)(14.1)%

Taxable equivalent adjustment12 13 12 (1)(7.7)%— — %

Net interest income, taxable equivalent basis$1,198 $1,197 $1,393 $1 0.1 %$(195)(14.0)%

Net interest margin (FTE)3.51 %3.55 %4.04 %

Non-interest income:

Service charges on deposit accounts$151 $148 $152 $3 2.0 %$(1)(0.7)%

Card and ATM fees120 116 130 4 3.4 %(10)(7.7)%

Wealth management income122 119 110 3 2.5 %12 10.9 %

Capital markets income68 91 68 (23)(25.3)%— — %

Mortgage income34 41 26 (7)(17.1)%8 30.8 %

Commercial credit fee income28 27 28 1 3.7 %— — %

Bank-owned life insurance30 23 19 7 30.4 %11 57.9 %

Market value adjustments on employee benefit assets*2 15 — (13)(86.7)%2 NM

Securities gains (losses), net(50)(50)— — — %(50)NM

Other miscellaneous income40 33 43 7 21.2 %(3)(7.0)%

Non-interest income$545 $563 $576 $(18)(3.2)%$(31)(5.4)%

Total revenue$1,731 $1,747 $1,957 $(16)(0.9)%$(226)(11.5)%

Adjusted total revenue (non-GAAP)(1) $1,781 $1,797 $1,957 $(16)(0.9)%$(176)(9.0)%

NM - Not Meaningful

* These market value adjustments relate to assets held for employee and director benefits that are offset within salaries and employee benefits and other non-interest expense.

Total revenue remained relatively stable at approximately $1.7 billion on a reported basis and $1.8 billion on an adjusted basis(1) compared to the first quarter of 2024. Net interest income remained stable at $1.2 billion compared to the first quarter as deposit cost pressures eased

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Regions reports first quarter 2024 earnings of $343 million, earnings per diluted share of $0.37

Solid core performance and peer-leading margin position the company for consistent, sustainable performance.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - April 19, 2024 - Regions Financial Corp. (NYSE:RF) today reported earnings for the first quarter ended March 31, 2024. The company reported first quarter net income available to common shareholders of $343 million and earnings per diluted share of $0.37. First quarter results include the following notable items: an increase to the industry-wide FDIC special assessment accrual, severance-related charges, and the impact of certain securities repositioning. The company reported $1.7 billion in total revenue during the quarter, including $616 million in reported pre-tax pre-provision income(1) and $700 million in adjusted pre-tax pre-provision income(1).

“We continue to focus on the successful execution of our strategic plan, and that is reflected in our core performance," said John Turner, Chairman and CEO of Regions Financial Corp.

Turner added, “Our results reflect the strength and diversity of our balance sheet, robust liquidity position, and proactive interest rate risk management practices. Our hedging strategies position us for success in a vast array of economic conditions and support our commitment to generating consistent, sustainable long-term performance as we once again generated top-quartile returns and a peer-leading net interest margin."

1

SUMMARY OF FIRST QUARTER 2024 RESULTS:

Quarter Ended

(amounts in millions, except per share data)3/31/202412/31/20233/31/2023

Net income$368 $391 $612

Preferred dividends and other25 24 24

Net income available to common shareholders$343 $367 $588

Weighted-average diluted shares outstanding923 931 942

Actual shares outstanding—end of period918 924 935

Diluted earnings per common share$0.37 $0.39 $0.62

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$(34)$(147)$(2)

Adjustments to non-interest income(1)

(50)(1)(1)

Net provision benefit/(expense) from sale of unsecured consumer loans***— (8)—

Total pre-tax adjusted items(1)

$(84)$(156)$(3)

Diluted EPS impact*$(0.07)$(0.13)$—

Pre-tax additional selected items**:

Incremental operational losses related to check warranty claims $(22)$— $—

Capital markets income (loss) - CVA/DVA(2)(5)(33)

*     Based on income taxes at an approximate 25% incremental rate.

**     Items impacting results or trends during the period, but are not considered non-GAAP adjustments.

***     The fourth quarter of 2023 loan sale had an associated allowance of $27 million and incurred a $35 million fair value mark recorded through charge-offs, resulting in a net provision expense of $8 million.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance.

2

Total revenue

Quarter Ended

($ amounts in millions)3/31/202412/31/20233/31/20231Q24 vs. 4Q231Q24 vs. 1Q23

Net interest income$1,184 $1,231 $1,417 $(47)(3.8)%$(233)(16.4)%

Taxable equivalent adjustment13 13 13 — — %— — %

Net interest income, taxable equivalent basis$1,197 $1,244 $1,430 $(47)(3.8)%$(233)(16.3)%

Net interest margin (FTE)3.55 %3.60 %4.22 %

Non-interest income:

Service charges on deposit accounts$148 $143 $155 $5 3.5 %$(7)(4.5)%

Card and ATM fees116 127 121 (11)(8.7)%(5)(4.1)%

Wealth management income119 117 112 2 1.7 %7 6.3 %

Capital markets income91 48 42 43 89.6 %49 116.7 %

Mortgage income41 31 24 10 32.3 %17 70.8 %

Commercial credit fee income27 27 26 — NM1 3.8 %

Bank-owned life insurance23 22 17 1 4.5 %6 35.3 %

Securities gains (losses), net(50)(2)(2)(48)NM(48)NM

Market value adjustments on employee benefit assets*15 12 (1)3 25.0 %16 NM

Other33 55 40 (22)(40.0)%(7)(17.5)%

Non-interest income$563 $580 $534 $(17)(2.9)%$29 5.4 %

Total revenue$1,747 $1,811 $1,951 $(64)(3.5)%$(204)(10.5)%

Adjusted total revenue (non-GAAP)(1) $1,797 $1,812 $1,952 $(15)(0.8)%$(155)(7.9)%

NM - Not Meaningful

* These market value adjustments relate to assets held for employee and director benefits that are offset within salaries and employee benefits and other non-interest expense.

Total revenue decreased approximately 4 percent on a reported basis and 1 percent on an adjusted basis(1) compared to the fourth quarter of 2023. Consistent with the company's expectations, net interest income decreased 4 percent to $1.2 billion compared to the fourth quarter attributable to higher deposit and funding costs, partially offset by the impact of higher market interest rates on new fixed-rate asset originations. Total

EX-99.1

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Record performance. Solid foundation. Regions reports 2023 earnings of $2.0 billion, earnings per diluted share of $2.11

$7.6 billion in total revenue reflects 5 percent year-over-year growth

BIRMINGHAM, Ala. - (BUSINESS WIRE) - Jan. 19, 2024 - Regions Financial Corp. (NYSE:RF) today reported earnings for the fourth quarter and full-year ended Dec. 31, 2023. The company reported fourth quarter net income available to common shareholders of $367 million and earnings per diluted share of $0.39. Fourth quarter results include the industry-wide FDIC special assessment, increased severance-related charges, and a net provision expense associated with an unsecured consumer loan portfolio sale. For the full-year 2023, the company reported net income available to common shareholders of $2.0 billion and record pre-tax pre-provision income(1) of $3.2 billion. Compared to 2022, total revenue increased 5 percent to a record $7.6 billion driven by growth in net interest income.

"I want to thank our 20,000 associates for their hard work and dedication throughout 2023. Their commitment and resilience allowed us to help our customers navigate through ongoing inflation and higher interest rates with confidence. We have positioned Regions to continue delivering solid results with a business plan focused on soundness, profitability and growth across economic cycles," said John Turner, President and CEO of Regions Financial Corp.

Turner added, "We are pleased with our fourth quarter and full-year performance. Our results reflect the strength and diversity of our balance sheet, robust liquidity position, and prudent risk management. Our protective hedging strategies continue to position us for success in any rate environment and support our commitment to generating consistent, sustainable long-term performance. While the industry continues to face economic and regulatory uncertainty, we are confident in our ability to adapt to the changing landscape while continuing to deliver one of the best returns in our peer group. We remain confident in our strategic plan, and our strong performance in 2023 provides a solid foundation as we enter 2024."

1

SUMMARY OF FOURTH QUARTER and FULL-YEAR 2023 RESULTS:

Quarter EndedYear Ended

(amounts in millions, except per share data)12/31/20239/30/202312/31/202220232022

Net income$391 $490 $685 2,074 2,245

Preferred dividends and other24 25 25 98 99

Net income available to common shareholders$367 $465 $660 $1,976 $2,146

Weighted-average diluted shares outstanding931 940 941 938 942

Actual shares outstanding—end of period924 939 934 924 934

Diluted earnings per common share$0.39 $0.49 $0.70 $2.11 $2.28

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$(147)$(4)$(5)$(154)$(182)

Adjustments to non-interest income(1)

(1)(1)50 (3)50

Net provision benefit/(expense) from sale of unsecured consumer loans***(8)— — (8)31

Total pre-tax adjusted items(1)

$(156)$(5)$45 $(165)$(101)

Diluted EPS impact*$(0.13)$— $0.03 $(0.13)$(0.09)

Pre-tax additional selected items**:

Incremental operational losses related to fraud $— $(53)$— $(135)$—

Provision release of hurricane-related allowance for loan losses

— — 20 — —

Capital markets income (loss) - CVA/DVA(5)(3)(11)(50)36

Residential MSR net hedge performance5 4 (6)2 2

Pension settlement charges (10)(7)(6)(17)(6)

*     Based on income taxes at an approximate 25% incremental rate.

**     Items impacting results or trends during the period, but are not considered non-GAAP adjustments.

***     The fourth quarter of 2023 loan sale had an associated allowance of $27 million and incurred a $35 million fair value mark recorded through charge-offs, resulting in a net provision expense of $8 million. The third quarter of 2022 loan sale had an associated allowance of $94 million and incurred a $63 million fair value mark recorded through charge-offs, resulting in a net provision benefit of $31 million.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance.

2

Total revenue

Quarter Ended

($ amounts in millions)12/31/20239/30/202312/31/20224Q23 vs. 3Q234Q23 vs. 4Q22

Net interest income$1,231 $1,291 $1,401 $(60)(4.6)%$(170)(12.1)%

Taxable equivalent adjustment13 13 13 — — %— — %

Net interest income, taxable equivalent basis$1,244 $1,304 $1,414 $(60)(4.6)%$(170)(12.0)%

Net interest margin (FTE)3.60 %3.73 %3.99 %

Non-interest income:

Service charges on deposit accounts$143 $142 $152 1 0.7 %(9)(5.9)%

Card and ATM fees127 126 130 1 0.8 %(3)(2.3)%

Wealth management income117 112 108 5 4.5 %9 8.3 %

Capital markets income48 64 61 (16)(

EX-99.1

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Strong Revenue. Disciplined Expense Management. Regions reports third quarter 2022 earnings of $404 million, earnings per diluted share of $0.43

Year-over-year revenue growth of 16 percent propels pre-tax pre-provision income(1).

BIRMINGHAM, Ala. - (BUSINESS WIRE) - October 21, 2022 - Regions Financial Corp. (NYSE:RF) today reported earnings for the third quarter ended September 30, 2022. The company reported third quarter net income available to common shareholders of $404 million and earnings per diluted share of $0.43. Compared to the third quarter of 2021, total revenue increased 16 percent to $1.9 billion on both a reported and adjusted basis(1) driven by growth in net interest income. Strong revenue growth contributed to a 3 percent increase in pre-tax pre-provision income(1) on a reported basis and a 27 percent increase on an adjusted basis(1) compared to the third quarter of 2021. The company's third quarter adjusted pre-tax pre-provision income(1) represents its highest level on record.

“During the third quarter, Regions continued its focus on delivering consistent, sustainable long-term performance as evidenced by another quarterly record in adjusted pre-tax pre-provision income(1),” said John Turner, President and CEO of Regions Financial Corp. “Our markets continue to provide opportunities to attract new customers while deepening and expanding relationships with our existing customer base. Our strategic investments are paying off, and we are better able to serve customers and clients in an uncertain economic environment. Additionally, we are pleased to have resolved our previously disclosed regulatory matter and look forward to building further on our commitment to help customers reach their financial goals.”

Turner added, “To that end, I am proud of how our teams responded to serve affected customers and meet the needs of fellow Regions associates and our surrounding communities impacted by Hurricane Ian. Our associates mobilized resources to quickly restore essential financial services in hard-hit areas, and we continue to work with customers on disaster-recovery needs.”

1

SUMMARY OF THIRD QUARTER 2022 RESULTS:

Quarter Ended

(amounts in millions, except per share data)9/30/20226/30/20229/30/2021

Net income$429 $583 $651

Preferred dividends and other25 25 27

Net income available to common shareholders$404 $558 $624

Weighted-average diluted shares outstanding940 940 962

Actual shares outstanding—end of period934 934 955

Diluted earnings per common share$0.43 $0.59 $0.65

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$(182)$6 $(20)

Adjustments to non-interest income(1)

(1)— 3

Net provision benefit from sale of unsecured consumer loans***$31 $— $—

Total pre-tax adjusted items(1)

$(152)$6 $(17)

Diluted EPS impact*$(0.13)$— $(0.01)

Pre-tax additional selected items**:

CECL provision (in excess of) less than net charge-offs****$(36)$(22)$185

Incremental provision for hurricane-related allowance for loan losses(20)— —

Capital markets income - CVA/DVA21 20 1

Residential MSR net hedge performance2 11 (15)

PPP loan interest income*****4 8 31

Pension settlement charges— — (8)

*        Based on income taxes at an approximate 25% incremental rate. The third quarter of 2022 regulatory settlement included a $50 million civil monetary penalty that is not tax deductible.

**     Items impacting results or trends during the period, but are not considered non-GAAP adjustments. These items generally include market-related measures, impacts of new accounting guidance, or event driven actions.

***     The net provision benefit of $31 million includes a $94 million reserve release offset by a $63 million fair value mark recorded through charge-offs. While reflected as a pre-tax adjusted item, the net provision benefit is not included in a non-GAAP reconciliation as it is not a non-GAAP metric and was not used in the determination of any non-GAAP metrics.

**** The third quarter of 2022 CECL provision (in excess of) less than net charge-offs excludes the $31 million net provision benefit from the sale of unsecured consumer loans and the $20 million provision for hurricane-related allowance for loan losses.

*****    Interest income for the Small Business Administration's Paycheck Protection Program (PPP) loans includes estimated funding costs.

Non-GAAP adjusted items(1) impacting the company's earnings are identified to assist investors in analyzing Regions' operating results on the same basis as that applied by management and provide a basis to predict future performance. Non-GAAP adjusted items(1) in the current quarter include $179 million in professional, legal and regulatory fees associated with a third quarter settlement with the Consumer Financia

EX-99.1

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EX-99.1

Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Solid Revenue Growth. Effective Risk Management. Regions reports second quarter 2022 earnings of $558 million, earnings per diluted share of $0.59

Delivers strong revenue and pre-tax pre-provision income(1) growth over the prior year

BIRMINGHAM, Ala. - (BUSINESS WIRE) - July 22, 2022 - Regions Financial Corp. (NYSE:RF) today reported earnings for the second quarter ended June 30, 2022. The company reported second quarter net income available to common shareholders of $558 million and earnings per diluted share of $0.59. Compared to the second quarter of 2021, strong revenue growth contributed to a 17 percent increase in pre-tax pre-provision income on a reported basis and a 19 percent increase on an adjusted basis(1). The company's second quarter adjusted pre-tax pre-provision income(1) represents its highest level on record. Compared to the second quarter of 2021, total revenue of $1.7 billion increased 10 percent on a reported basis and 12 percent on an adjusted basis(1) driven by growth in both net interest income and non-interest income. The company generated year-to-date positive operating leverage of 1.9 percent on a reported basis and 1.6 percent on an adjusted basis(1) versus the comparable prior-year period.

“Our solid second-quarter results reflect the strength of Regions’ business plan and our team’s success in executing it,” said John Turner, President and CEO of Regions Financial Corp. “The financial health of consumers and businesses in the Regions footprint continues to be good. Investments across our business groups are paying off. Strategic acquisitions completed in 2020 and 2021 are further expanding our pipelines and building revenue growth. We’re committed to keeping our customers at the center of every decision. We remain vigilant at all times with effective risk management and sound governance, and our teams have the depth of experience to guide customers through a variety of economic cycles.”

Among key performance indicators:

•Regions subsidiary Ascentium Capital’s production for the first half of 2022 is up 31 percent year-over-year with pipelines remaining strong.

•Regions subsidiary Sabal Capital Partners has closed $500 million in loans year-to-date, with full-year volume expected to increase by approximately 11 percent.

•Regions subsidiary Clearsight Advisors is on track to exceed full-year expectations and heads into the second half of the year with a robust pipeline.

1

•Regions’ SBA lending is on target to grow full-year 2022 production by 45 percent compared to pre-pandemic levels.

•Regions has increased its number of Treasury Management clients by 14 percent year-over-year.

•EnerBank grew loans by approximately 7 percent in the second quarter compared to the previous quarter. The merger of EnerBank with and into Regions Bank continues to result in the generation of high-quality consumer loans and presents further growth opportunities.

•Technology investments continue to drive a more seamless customer experience. During the second quarter, Regions launched a digital advisor tool from Regions Investment Solutions that gives emerging and experienced investors an effective online option for managing portfolios while receiving personalized support.

•Digital continues to support a better banking experience with an 8 percent increase specifically in mobile users in 2Q22 compared to 2Q21.

•Regions’ balance sheet remains strong, deliberately positioned to withstand a variety of economic conditions.

•Overall asset quality continued to improve during the second quarter with most metrics remaining well below historical levels. The company has a robust credit risk management framework and a disciplined and dynamic approach to managing concentration risk. Together, these factors position Regions to weather changing economic environments while delivering consistent, sustainable long-term performance.

2

SUMMARY OF SECOND QUARTER 2022 RESULTS:

Quarter Ended

(amounts in millions, except per share data)6/30/20223/31/20226/30/2021

Net income$583 $548 $790

Preferred dividends and other*25 24 42

Net income available to common shareholders$558 $524 $748

Weighted-average diluted shares outstanding940 947 965

Actual shares outstanding—end of period934 933 955

Diluted earnings per common share$0.59 $0.55 $0.77

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$6 $(1)$(3)

Adjustments to non-interest income(1)

— 1 19

Total pre-tax adjusted items(1)

$6 $— $16

After-tax preferred stock redemption expense(1)*

$— $— $(13)

Diluted EPS impact**$— $— $—

Pre-tax additional selected items***:

CECL provision (in excess of) less than net charge-offs$(22)$82 $384

Capital markets income - CVA/DVA20 6 (4)

Residential MSR net hedge performance11 (5)(6)

PPP

EX-99.1

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Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Strong Foundation. Positive Results. Regions reports first quarter 2022 earnings of $524 million, earnings per diluted share of $0.55

BIRMINGHAM, Ala. - (BUSINESS WIRE) - April 22, 2022 - Regions Financial Corp. (NYSE:RF) today announced earnings for the first quarter ended March 31, 2022. The company reported first quarter net income available to common shareholders of $524 million and earnings per diluted share of $0.55. Total revenue of $1.6 billion and pre-tax pre-provision income(1) of $666 million reflected a 5 percent increase in net interest income compared to the first quarter of 2021 attributable to higher interest rates as well as loan and deposit growth.

“Our solid first-quarter results are a reflection of Regions' sound business strategy. Factors positioning us for further growth include our passion for delivering a first-class banking experience, an innovative mindset in digital banking and other services, our enhanced specialty capabilities, and exceptional teams that are building and deepening customer relationships in many of the fastest-growing markets in the country,” said John Turner, President and CEO of Regions Financial Corp. “We are proud that our results reflect Regions' strong credit profile, our commitment to prudently managing expenses, and our growth in loan commitments, balances, and pipelines, as well as deposit accounts and balances. We will continue to differentiate Regions through a seamless customer experience, an always-on focus toward evolving and enhancing our services, and exceptional banking teams that are empowered through competitive tools and resources to expand our customer base and build even greater client loyalty.”

Regions' Strategic Plan in Action:

With results including a year-to-year increase in net interest income, well-controlled expenses, solid credit metrics, and more, Regions is delivering quality fundamentals supported by key advantages. Those advantages include:

•Strong in-market migration converting legacy "core" markets into growth markets:

◦Nineteen of Regions' top 25 MSAs are projected to grow faster than the U.S. national average.

◦Twenty of the top 25 U.S. markets with net migration inflows are within Regions' footprint, which includes vibrant markets across the Southeast, Texas, and portions of the Midwest.

◦Regions' deposit-weighted population growth by MSA for 2022-2027 is projected at 3.6% vs. the national average of 3.2%.

1

◦Consistently onboarding talented and highly experienced, revenue-generating personnel in growth markets, further introducing the Regions brand to more businesses and consumers

•Digital and data supporting a better banking experience:

◦5.5% increase in overall digital users in 1Q22 compared to 1Q21

◦9.5% increase specifically in mobile users in 1Q22 compared to 1Q21

◦4.6% increase in digital transactions as a percentage of total consumer customer transactions in 1Q22 compared to 1Q21

◦Expansion of Regions' Relationship Platform: Regions Bridge provides a single client relationship view to better serve customers across Wealth Management and Mortgage.

◦New Fulfillment & Servicing Platforms for Real Estate Loans: Part of Regions' path to a more omnichannel experience

◦Centralization of Data/Modernization: Leveraging modern Big Data Platforms to accelerate data-driven decision-making processes

2

SUMMARY OF FIRST QUARTER 2022 RESULTS:

Quarter Ended

(amounts in millions, except per share data)3/31/202212/31/20213/31/2021

Net income$548 $438 $642

Preferred dividends and other24 24 28

Net income available to common shareholders$524 $414 $614

Weighted-average diluted shares outstanding947 958 968

Actual shares outstanding—end of period933 942 961

Diluted earnings per common share$0.55 $0.43 $0.63

Selected items impacting earnings:

Pre-tax adjusted items(1):

Adjustments to non-interest expense(1)

$(1)$(16)$(10)

Adjustments to non-interest income(1)

1 — 4

Total pre-tax adjusted items(1)

$— $(16)$(6)

Diluted EPS impact*$— $(0.01)$—

Pre-tax additional selected items**:

CECL provision (in excess of) less than net charge-offs***$82 $(66)$225

Capital markets income - CVA/DVA6 — 11

MSR net hedge performance(5)(5)7

PPP loan interest income****12 39 40

Pension settlement charges— (3)—

Ginnie Mae re-securitization gains12 — —

*        Based on income taxes at an approximate 25% incremental rate.

**     Items impacting results or trends during the period, but are not considered non-GAAP adjustments. These items generally include market-related measures, impacts of new accounting guidance, or event driven actions.

***     Fourth quarter 2021 amount includes $145 million for the initial allowance for non-purchased credit deteriorated acquired EnerBank loans.

**** Interest income for the Small Business Administration's Paych

EX-99.1

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EX-99.1

Document

Exhibit 99.1

Media Contact:    Investor Relations Contact:

Jeremy King     Dana Nolan

(205) 264-4551    (205) 264-7040

Record Performance. Accelerating Growth. Regions reports 2021 earnings of $2.4 billion, earnings per diluted share of $2.49

Generates highest pre-tax pre-provision income(1) on record.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - Jan. 20, 2022 - Regions Financial Corp. (NYSE:RF) today announced earnings for the fourth quarter and full-year ended Dec. 31, 2021. The company reported fourth quarter net income available to common shareholders of $414 million and earnings per diluted share of $0.43. For the full year 2021, the company reported net income available to common shareholders of $2.4 billion and record pre-tax pre-provision income(1) of $2.7 billion. Compared to full-year 2020, total revenue and pre-tax pre-provision income(1) both grew 2 percent. Adjusted revenue(1) increased 3 percent, and adjusted pre-tax pre-provision income(1) increased 2 percent.

“Regions delivered strong results throughout 2021 with record pre-tax pre-provision income(1) for the year, net retail checking account growth that exceeded the previous three years combined, and our lowest annual net charge-off ratio since 2006. Further, during the fourth quarter alone, we completed three acquisitions that will grow and diversify our revenue by adding to our specialty capabilities for clients across our high-growth footprint,” said John Turner, President and CEO of Regions Financial Corp. “We have also invested in key hires who are helping us expand our presence in vibrant markets and thriving business sectors. More than ever before, we have the talent, the products and services, and an innovation mindset that are helping us deliver comprehensive financial solutions for today's clients.

“Our teams have proven we are adaptive and forward thinking in how we fulfill our purpose and mission to create shared value and make life better for our stakeholders,” Turner added. “While challenges from the pandemic remain, we see optimism among our clients and strength in our markets, and we are well positioned to generate further growth as we execute our strategic plan.”

1

Regions is competitively positioned to generate long-term results based on several factors, including:

A Strong Foundation: Three Key Factors for Growth

1) Expanded Specialty Capabilities:

•Within the fourth quarter of 2021, Regions completed three acquisitions that expand and enhance services to support further revenue growth and diversification. This allows the company to meet more financial needs for people and businesses that already bank with Regions - while welcoming more customers who value the services delivered by these newly acquired companies:

•EnerBank: A point-of-sale lender that finances a wide range of home improvement projects, EnerBank is part of Regions' strategy to serve as the premier lender to homeowners. Through EnerBank's services, Regions is well positioned to not only provide mortgage and refinancing solutions for homeowners, but also financial tools to help people make upgrades and improvements to what is often their most valuable asset. EnerBank has been incorporated into Regions' Consumer Banking group.

•Sabal Capital Partners, LLC: Sabal leverages an innovative, technology-driven origination and servicing platform to facilitate off-balance-sheet lending in the small balance commercial real estate market. Sabal, a top originator of Fannie Mae and Freddie Mac small-balance commercial real estate loans, has a growing presence in non-agency commercial mortgage-backed securities loan originations as well. It has been incorporated into Regions' Real Estate Capital Markets group.

•Clearsight Advisors, Inc.: Clearsight provides mergers and acquisition (M&A) advisory capabilities to businesses serving the high-growth technology industry and knowledge economy. Currently being incorporated into Regions' Capital Markets division, Clearsight represents another opportunity to deepen relationships with business clients while enhancing revenue diversification through high-value, fee-based financial services.

2) Technology:

•Regions knows the front door to the bank is not always at the branch. The entryway is often online, in the app, at an ATM, or over the phone. The bank's continued investments in technology are paying off:

•Mobile Banking App: 4.8/5 Rating in Apple Store

•Digital Adoption: Full-year 2021 active digital users are up 7%, including active mobile banking users up 12%

•Digital Sales: Full-year 2021 deposit accounts opened and loans booked increased 36% YoY

•Digital Transactions: Approximately 70% of fourth quarter 2021 consumer transactions occurred through digital channels

3) A Vibrant, High-Growth Footprint:

•Regions is operating in many of the best markets in the country. Population trends and business growth add to the thriving nature of Regions' footprint.

•Re