$RF (Regions Financial Corporation)

$RF {{ '2015-07-21T15:41:00+0000' | timeago}} • Webcast

$RF 2Q15 Call: Deposits costs remain new historical low levels at 11 bps. Total funding costs were 25 bps. Non-interest income grew $120MM, incl. $90MM related to insurance proceeds. Capital markets grew fees by $7MM QoverQ. Commercial credit fee income grew $5MM vs. 1Q15, due to reclassification from net interest income. Service charges grew 4%.

$RF {{ '2017-07-22T14:47:22+0000' | timeago}} • Webcast

$RF expects is FY17 average loans to be flat to slightly down when compared to the prior year and average deposit balance is expected to be stable with FY16. The company expects its net interest income and other financing income to be in the range of 3-5% and adjusted non-interest income growth to be about 1-3% for FY17.

$RF {{ '2017-07-22T14:38:45+0000' | timeago}} • Webcast

During 2Q17, $RF's total average deposits fell $478MM, less than 1% from 2Q16, while reporting $335MM of decrease in average low-cost deposits.

$RF {{ '2017-07-22T14:26:20+0000' | timeago}} • Webcast

$RF reported production increase during 2Q17, with commercial and investor real estate loan production up 56% and 35%, respectively. The commercial line utilization rose 20 basis points and commitments for new loans rose approx. $700MM when compared to 2Q16.

$RF {{ '2017-07-21T13:41:32+0000' | timeago}} • Announcement

During 2Q17, $RF's average loans and leases declined 2% compared to 2Q16. Average deposit balances remained relatively stable with the prior year. The company incurred  $7MM of expenses associated with  the consolidation of 22 additional branches that is expected to close during 4Q17.

$RF {{ '2017-07-21T13:36:21+0000' | timeago}} • Announcement

Banking company $RF posted higher 2Q17 earnings, helped by growth in net interest income. Net income available to common shareholders rose to $300MM, or $0.25 per share, compared to $256MM, or $0.20 per share during 2Q16. Total revenues on a taxable equivalent basis rose 2.4% to $1.43Bil.

$RF {{ '2017-06-28T20:47:50+0000' | timeago}} • Announcement

The Federal Reserve indicated to $RF that it does not object to the company's capital plan and proposed capital actions for 3Q17 through 2Q18. Regions' capital plan included the repurchase of up to $1.47Bil of Regions' common stock.

$RF {{ '2017-05-16T14:47:43+0000' | timeago}} • Announcement

$RF said Regions Securities has further expanded its Corporate Finance Group by hiring two managing directors, Gene Bowles and Daniel Hoverman. Bowles and Hoverman join previous hires including Managing Director Rob Tyndall and others following the 2016 launch of the Corporate Finance Group.

$RF {{ '2017-04-20T20:43:25+0000' | timeago}} • Announcement

$RF's BoD declared a quarterly cash dividend of $0.07 per common share, an increase of 7.7%. The dividend is payable on June 30, 2017 to stockholders of record on June 9, 2017. The dividend is being paid pursuant to $RF's 2016 capital plan that was not objected to by the Federal Reserve.

$RF {{ '2017-04-18T16:32:12+0000' | timeago}} • Webcast

$RF said that going into 2Q17, the company is confident on its production and repurchase activity.

$RF {{ '2017-04-18T15:55:53+0000' | timeago}} • Webcast

$RF said that with respect to the commercial real-estate portfolio, the company currently has about $2.6Bil in its commercial real-estate retail. Additionally in retail, the company is seeing hardly any vacancy rates where there are good shopping centers that are well placed.

$RF {{ '2017-04-18T12:10:54+0000' | timeago}} • Announcement

$RF's total non-interest expense from continuing operations increased almost 1% to $877MM in 1Q17. Meanwhile, total loans decreased 1.6% to $80.1Bil and total deposits edged up 0.2% to $97.96Bil.

$RF {{ '2017-04-18T11:57:36+0000' | timeago}} • Announcement

Consumer and commercial banking major $RF reported net income available to common shareholders from continuing operations of $278MM in 1Q17, up 8% from last year. EPS from continuing operations rose 15% to $0.23. Meanwhile, revenue was almost flat at $1.39Bil, even though net interest margin increased 6 basis points.

$RF {{ '2017-04-11T12:27:02+0000' | timeago}} • Announcement

Amala Duggirala will join $RF as Enterprise CIO, beginning April 17. She most recently served as Chief Technology Officer for online small-business lender Kabbage.

$RF {{ '2017-02-10T14:38:20+0000' | timeago}} • Announcement

$RF appointed Hope Mehlman as Chief Governance Officer and Assistant Corporate Secretary. In this newly created position, Mehlman will report directly to Fournier Gale, III, General Counsel for $RF.

$RF {{ '2017-02-09T20:18:22+0000' | timeago}} • Announcement

$RF declared a cash dividend of $0.065 per share on its common stock, payable on March 31, 2017, to stockholders of record on March 10, 2017. The BoD also declared a cash dividend of $15.9375 per share on its Series A and Series B Preferred Stock, both payable on March 15, 2017, to stockholders of record on March 1, 2017.

$RF {{ '2017-01-20T17:27:09+0000' | timeago}} • Webcast

$RF said that from a net interest margin standpoint, the company will get the benefit of lower rates for the whole of 1Q17. $RF also stated that it will get a couple of points with lower premium amortization as well.

$RF {{ '2017-01-20T16:44:15+0000' | timeago}} • Webcast

$RF said it expects FY17 average loan and average deposits to grow in the low single digits, while net interest income and other financing income growth is expected in the 2-4% range. Total adjusted non-interest expenses in FY17 are expected to increase between 0-1% and $RF expects to achieve a full-year adjusted efficiency ratio of approx. 62%.

$RF {{ '2017-01-20T11:32:24+0000' | timeago}} • Announcement

$RF's avg. loans and leases were relatively stable in 4Q16. Average deposit balances rose $1Bil or 1%, while net interest income and other financing income on a FTE basis rose $18MM or 2%. During 4Q16, $RF incurred $17MM of expenses related to the consolidation of 70 branches & will consolidate an additional 27 branches, expected to close in 2Q17.

$RF {{ '2017-01-20T11:26:44+0000' | timeago}} • Announcement

Banking company $RF posted higher 4Q16 earnings, helped by growth in deposits, net interest income and other financing income and non-interest income. Net income for the quarter rose 3.71% to $279MM or $0.23 per share from $269MM or $0.21 per share a year ago. Total revenue on a taxable-equivalent basis rose 1.89% YoverY to $1.396Bil.

$RF {{ '2017-01-05T22:07:59+0000' | timeago}} • Announcement

$RF announced that Jose S. Suquet has been appointed to the company's BoD, effective immediately. Mr. Suquet will serve on the Risk Committee and the Compensation Committee of the Regions Board of Directors. Mr. Suquet is Chairman, President and CEO of Pan-American Life Insurance Group.

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