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Regions Financial (RF)

Regions Financial Corporation, with $147 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,300 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC.

Company profile

Ticker
RF, RF+B, RF+C, RF+E
Exchange
Website
CEO
John Turner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NEW REGIONS FINANCIAL CORP
SEC CIK
Subsidiaries
1.A-F Leasing, Ltd. • 2.Ascentium Capital LLC • 3.Ascentium Depositor LLC • 4.BlackArch Partners LLC • 5.BlackArch Securities LLC • 6.Clearsight Advisors LLC • 7.First Sterling Associates, No. 8 LLC • 8.First Sterling Associates No. 9 LLC • 9.First Sterling Associates No. 10 LLC • 10.First Sterling Associates No. 11 LLC ...
IRS number
630589368

RF stock data

Analyst ratings and price targets

Last 3 months

Investment data

Data from SEC filings
Top 50 of 837 long holdings
End of quarter 30 Jun 22
Value
 
#Shares
 
$488.01M 1.29M
$341.65M 1.51M
$321.95M 3.48M
$310.83M 1.21M
$253.13M 1.85M
$176.58M 2.93M
Vanguard ETF/USA
$176.48M 4.33M
$160.26M 1.87M
$157.93M 1.62M
$154.51M 476.55K
$153.83M 1.69M
$147.76M 1.31M
$147.75M 2.36M
$145.59M 1.01M
$143.76M 729.62K
$139.07M 2.21M
$132.47M 605.7K
$131.91M 743.11K
$129.06M 1.67M
$118.93M 827.13K
$111.63M 1.25M
$108.9M 2.15M
$108.05M 210.36K
$107.34M 681.66K
Vanguard ETF/USA
$105.29M 2.53M
$105.24M 383.71K
$103.99M 855.29K
$97.92M 640.1K
$97.26M 1.22M
$90.81M 2.02M
$89.85M 41.23K
$83.84M 426.49K
$82.19M 134.96K
$79.53M 748.77K
$79.29M 558.01K
$79.08M 853.45K
$78.65M 452.48K
$77.81M 477.27K
$77.13M 796.64K
$76.95M 1.92M
$75.72M 139.38K
$71.38M 331.77K
$70.1M 1.13M
$69.1M 1.46M
$68.97M 539.96K
$68.54M 446.06K
$68.22M 759.62K
$62.18M 807.55K
$60.72M 1.09M
$60.37M 283.06K
Holdings list only includes long positions. Only includes long positions.

Calendar

5 Aug 22
1 Oct 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 20.5B 20.5B 20.5B 20.5B 20.5B 20.5B
Cash burn (monthly) 2.48B 424.5M 414.67M 370.83M (no burn) (no burn)
Cash used (since last report) 7.59B 1.3B 1.27B 1.13B n/a n/a
Cash remaining 12.91B 19.2B 19.23B 19.37B n/a n/a
Runway (months of cash) 5.2 45.2 46.4 52.2 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Jul 22 Vines Timothy Phantom Stock Common Stock Grant Acquire A No No 19.19 1,628.452 31.25K 25,937.76
15 Jul 22 Styslinger Lee J Iii Phantom Stock Common Stock Grant Acquire A No No 19.19 1,563.314 30K 214,686.18
15 Jul 22 Mccrary Charles D Phantom Stock Common Stock Grant Acquire A No No 19.19 1,954.143 37.5K 262,082.061
15 Jul 22 Ruth Ann Marshall Phantom Stock Common Stock Grant Acquire A No No 19.19 1,758.729 33.75K 118,728.856
15 Jul 22 John D Johns Phantom Stock Common Stock Grant Acquire A No No 19.19 977.071 18.75K 118,047.781
13F holders Current Prev Q Change
Total holders 768 784 -2.0%
Opened positions 71 84 -15.5%
Closed positions 87 111 -21.6%
Increased positions 274 258 +6.2%
Reduced positions 260 288 -9.7%
13F shares Current Prev Q Change
Total value 12.56B 15.03B -16.5%
Total shares 669.1M 675.06M -0.9%
Total puts 876.8K 2.07M -57.7%
Total calls 2.1M 4.16M -49.5%
Total put/call ratio 0.4 0.5 -16.3%
Largest owners Shares Value Change
Vanguard 112.14M $2.1B +0.3%
BLK Blackrock 97.59M $1.83B -1.3%
STT State Street 52.99M $1B -15.4%
Geode Capital Management 19M $355.55M +0.3%
MS Morgan Stanley 17.24M $323.3M +63.4%
Charles Schwab Investment Management 17.13M $321.2M +5.3%
LSV Asset Management 16.51M $309.52M -3.6%
JPM JPMorgan Chase & Co. 16.39M $307.39M -25.2%
Dimensional Fund Advisors 13.33M $249.96M +0.6%
IVZ Invesco 11.91M $223.23M -4.8%
Largest transactions Shares Bought/sold Change
STT State Street 52.99M -9.65M -15.4%
Citadel Advisors 9.81M +9.57M +3916.8%
Parametric Portfolio Associates 0 -7.55M EXIT
MS Morgan Stanley 17.24M +6.69M +63.4%
JPM JPMorgan Chase & Co. 16.39M -5.51M -25.2%
ATAC Neuberger Berman 2.83M -2.06M -42.1%
Intech Investment Management 1.98M +1.98M NEW
WFC Wells Fargo & Co. 3.02M +1.74M +134.9%
AXAHF Axa 2.32M +1.62M +232.8%
BMO Bank of Montreal 5.88M +1.37M +30.3%

Financial report summary

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Risks
  • Our businesses have been, and may continue to be, adversely affected by conditions in the financial markets and economic conditions generally.
  • We are subject to extensive governmental regulation, which could have an adverse impact on our operations.
Management Discussion
  • Regions reported net income available to common shareholders of $2.4 billion, or $2.49 per diluted share, in 2021 compared to net income available to common shareholders from continuing operations of $1.0 billion, or $1.03 per diluted share, in 2020.
  • Net interest income (taxable-equivalent basis) totaled $4.0 billion in 2021 compared to $3.9 billion in 2020. The net interest margin (taxable-equivalent basis) was 2.85 percent in 2021, reflecting a 36 basis point decrease from 2020. The increase in net interest income was primarily driven by decreases in interest expense on deposits and long-term borrowings, the acquisition of EnerBank, and PPP income. These increases were partially offset by a decrease in interest income due to declines in loan balances and a continued decline in long-term interest rates. Net interest income continued to benefit from the Company's interest rate hedging strategy. The decline in net interest margin was primarily driven by continued elevated liquidity as evidenced by higher cash levels held at the Federal Reserve and the continued repricing of fixed-rate loan portfolios and the securities portfolio at lower market interest rates.
  • The benefit from credit losses totaled $524 million in 2021 compared to a provision for credit losses of $1.3 billion in 2020. The benefit from credit losses was lower than net charge-offs by $728 million in 2021. The significant decrease in the provision for credit losses was driven primarily by improvement in the economic outlook and strong credit performance. Refer to the "Allowance for Credit Losses" section of Management's Discussion and Analysis for further detail.

Content analysis

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Positive
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Constraining
Legalese
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Readability
H.S. freshman Avg
New words: ARM, disposition, meaningfully, merit, movement, resolution, slight, solid, stability
Removed: add, authorization, CRE, detected, evidenced, expectation, floor, improved, labor, layered, path, persistent, phishing, prevailed, prevented, referred, repair, shorter, slightly, traffic