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Regions Financial Corporation (RF)

10.15 Up 0.04(0.40%) Aug 29, 4:01PM EDT
|After Hours : 10.15 0.00 (0.00%) Aug 29, 4:23PM EDT
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Regions Financial Corporation
1900 Fifth Avenue North
Birmingham, AL 35203
United States - Map
Phone: 800-734-4667

Index Membership:N/A
Industry:Regional - Southeast Banks
Full Time Employees:23,416

Business Summary 

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management. The Business Services segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services. This segment serves corporate, middle market, small business, and commercial real estate developers and investors. The Consumer Services segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, indirect loans, consumer credit cards, and other consumer loans, as well as the corresponding deposit relationships. The Wealth Management segment offers wealth management products and services comprise credit related products, trust and investment management, asset management, retirement and savings solutions, estate planning, and commercial insurance products to individuals, businesses, governmental institutions, and non-profit entities. It provides insurance coverage for various lines of personal and commercial insurance, such as property, casualty, life, health, and accident insurance; insurance products, such as title, mortgage, crop, term life, accidental death and dismemberment, and environmental insurance, as well as debt cancellation products; and commercial equipment financing products, as well as securities and advisory services through financial consultants. As of December 31, 2013, the company operated approximately 2,029 ATMs and 1,705 banking offices in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.

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Corporate Governance 
Regions Financial Corporation’s ISS Governance QuickScore as of Aug 1, 2014 is 3. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 6; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. O. B. Grayson Hall Jr., 57
Chairman, Chief Exec. Officer and Pres
Mr. David J. Turner Jr., 50
Chief Financial Officer and Sr. Exec. VP
Mr. David B. Edmonds , 61
Chief Admin. Officer and Sr. Exec. VP
Mr. Fournier J. Gale III, 69
Sr. Exec. VP, Gen. Counsel and Corp. Sec.
Mr. John B. Owen , 53
Head of The Gen. Bank and Sr. Exec. VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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