Regions Financial Corporation (LON:0KV3)

Regions Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	5,692	5,771	5,773	4,124	3,489	3,638
Interest Income on Investments	1,417	1,337	1,124	978	592	624
Total Interest Income	7,109	7,108	6,897	5,102	4,081	4,262
Interest Paid on Deposits	1,918	1,971	1,255	197	64	180
Interest Paid on Borrowings	363	319	322	119	103	188
Total Interest Expense	2,281	2,290	1,577	316	167	368
Net Interest Income	4,828	4,818	5,320	4,786	3,914	3,894
Net Interest Income Growth (YoY)	-5.09%	-9.44%	11.16%	22.28%	0.51%	3.98%
Trust Income	348	338	313	297	278	253
Mortgage Banking Activities	145	146	109	156	242	333
Gain (Loss) on Sale of Investments	-183	-208	-5	-1	6	54
Other Non-Interest Income	1,357	1,377	1,247	1,286	1,348	1,130
Total Non-Interest Income	2,292	2,265	2,256	2,379	2,522	2,391
Non-Interest Income Growth (YoY)	0.35%	0.40%	-5.17%	-5.67%	5.48%	13.05%
Revenues Before Loan Losses	7,120	7,083	7,576	7,165	6,436	6,285
Provision for Loan Losses	459	487	553	271	-524	1,330
Revenue	6,661	6,596	7,023	6,894	6,960	4,955
Revenue Growth (YoY)	-2.06%	-6.08%	1.87%	-0.95%	40.46%	-9.46%
Salaries and Employee Benefits	2,435	2,456	2,355	2,258	2,142	2,016
Occupancy Expenses	188	192	204	214	216	228
Selling, General & Administrative	676	675	668	640	615	580
Other Non-Interest Expense	858	916	1,186	953	728	646
Total Non-Interest Expense	4,160	4,239	4,413	4,065	3,701	3,470
EBT Excluding Unusual Items	2,501	2,357	2,610	2,829	3,259	1,485
Other Unusual Items	12	-	4	-	-18	-20
Pretax Income	2,511	2,354	2,607	2,876	3,215	1,314
Income Tax Expense	496	461	533	631	694	220
Earnings From Continuing Operations	2,015	1,893	2,074	2,245	2,521	1,094
Net Income	2,015	1,893	2,074	2,245	2,521	1,094
Preferred Dividends & Other Adjustments	119	119	98	99	121	103
Net Income to Common	1,896	1,774	1,976	2,146	2,400	991
Net Income Growth	10.11%	-8.73%	-7.62%	-10.95%	130.44%	-30.85%
Basic Shares Outstanding	912	916	936	935	956	959
Diluted Shares Outstanding	915	918	938	942	963	962
Shares Change (YoY)	-1.98%	-2.13%	-0.43%	-2.18%	0.10%	-3.70%
EPS (Basic)	2.08	1.94	2.11	2.30	2.51	1.03
EPS (Diluted)	2.07	1.93	2.11	2.28	2.49	1.03
EPS Growth	11.56%	-8.53%	-7.46%	-8.43%	141.75%	-31.33%
Dividend Per Share	0.990	0.980	0.880	0.740	0.650	0.620
Dividend Growth	7.61%	11.36%	18.92%	13.85%	4.84%	5.08%
Effective Tax Rate	19.75%	19.58%	20.45%	21.94%	21.59%	16.74%

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.