Regions Financial (NYSE:RF) is a U.S.-based bank holding company headquartered in Birmingham, Alabama. Formed through the 1971 merger of several Southern banks, it traces its roots to the June 1971 formation of First Alabama Bancshares. Over the ensuing decades, Regions expanded through a series of acquisitions and organic growth, establishing itself as one of the nation’s largest full-service providers of consumer and commercial banking services.
The company’s primary business activities encompass a broad suite of financial offerings. In retail banking, Regions provides personal checking and savings accounts, mortgages, home equity loans, and credit cards. Its commercial banking arm serves small and middle-market businesses with lending, treasury management, equipment financing, and international trade services. Wealth management and trust services are offered through Regions Private Wealth Management, covering investment advisory, estate planning, and fiduciary services for high-net-worth clients.
Regions operates more than 1,200 branches and over 2,000 ATMs across 15 states in the South, Midwest and Texas, with a strong footprint in metropolitan centers such as Atlanta, Nashville, and Houston. The bank has invested heavily in digital transformation, rolling out online and mobile banking platforms that feature remote deposit capture, person-to-person payments, and enhanced fraud monitoring. Through its regional presence and digital channels, Regions serves more than 3 million consumer and business customers.
Leadership is headed by President and Chief Executive Officer John M. Turner, who has guided the company since 2016. Under his stewardship, Regions has focused on operational efficiency, risk management and community development. The bank maintains active partnerships with nonprofit organizations, dedicating resources to affordable housing, financial education and small business growth in the markets it serves.
