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	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	5,771	5,771	5,773	4,124	3,489	3,638
Interest Income on Investments	1,337	1,337	1,124	978	592	624
Total Interest Income	7,108	7,108	6,897	5,102	4,081	4,262
Interest Paid on Deposits	1,971	1,971	1,255	197	64	180
Interest Paid on Borrowings	319	319	322	119	103	188
Total Interest Expense	2,290	2,290	1,577	316	167	368
Net Interest Income	4,818	4,818	5,320	4,786	3,914	3,894
Net Interest Income Growth (YoY)	-9.44%	-9.44%	11.16%	22.28%	0.51%	3.98%
Trust Income	495	495	313	297	278	253
Mortgage Banking Activities	146	146	109	156	242	333
Gain (Loss) on Sale of Investments	-208	-208	-5	-1	6	54
Other Non-Interest Income	1,220	1,220	1,245	1,285	1,348	1,130
Total Non-Interest Income	2,265	2,265	2,254	2,378	2,522	2,391
Non-Interest Income Growth (YoY)	0.49%	0.49%	-5.21%	-5.71%	5.48%	13.05%
Revenues Before Loan Losses	7,083	7,083	7,574	7,164	6,436	6,285
Provision for Loan Losses	487	487	553	271	-524	1,330
Revenue	6,596	6,596	7,021	6,893	6,960	4,955
Revenue Growth (YoY)	-6.05%	-6.05%	1.86%	-0.96%	40.46%	-9.46%
Salaries and Employee Benefits	2,499	2,499	2,324	2,258	2,142	2,016
Occupancy Expenses	278	278	204	214	216	228
Selling, General & Administrative	516	516	668	640	615	580
Other Non-Interest Expense	822	822	1,067	774	728	646
Total Non-Interest Expense	4,115	4,115	4,263	3,886	3,701	3,470
EBT Excluding Unusual Items	2,481	2,481	2,758	3,007	3,259	1,485
Other Unusual Items	-30	-30	-113	-178	-18	-20
Pretax Income	2,354	2,354	2,607	2,876	3,215	1,314
Income Tax Expense	461	461	533	631	694	220
Earnings From Continuing Operations	1,893	1,893	2,074	2,245	2,521	1,094
Net Income	1,893	1,893	2,074	2,245	2,521	1,094
Preferred Dividends & Other Adjustments	119	119	98	99	121	103
Net Income to Common	1,774	1,774	1,976	2,146	2,400	991
Net Income Growth	-8.73%	-8.73%	-7.62%	-10.95%	130.44%	-30.85%
Basic Shares Outstanding	916	916	936	935	956	959
Diluted Shares Outstanding	918	918	938	942	963	962
Shares Change (YoY)	-2.13%	-2.13%	-0.42%	-2.18%	0.10%	-3.70%
EPS (Basic)	1.94	1.94	2.11	2.30	2.51	1.03
EPS (Diluted)	1.93	1.93	2.11	2.28	2.49	1.03
EPS Growth	-8.53%	-8.53%	-7.46%	-8.43%	141.75%	-31.33%
Dividend Per Share	0.980	0.980	0.880	0.740	0.650	0.620
Dividend Growth	11.36%	11.36%	18.92%	13.85%	4.84%	5.08%
Effective Tax Rate	19.58%	19.58%	20.44%	21.94%	21.59%	16.74%

Source: S&P Capital IQ. Banks template. Financial Sources.