Below are the financial statements of Regions Financial, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Assets | — | — |
Cash and due from banks | 2,893a | 2,635a |
Interest-bearing deposits in other banks | 7,819a | 4,166a |
Debt securities held to maturity | 4,427a | 754a |
Debt securities available for sale | 26,224a | 28,104a |
Loans held for sale | 594a | 400a |
Loans, net of unearned income | 96,727a | 98,379a |
Allowance for loan losses | -1,613a | -1,576a |
Net loans | 95,114a | 96,803a |
Other earning assets | 1,616a | 1,417a |
Premises, equipment and software, net | 1,673a | 1,642a |
Interest receivable | 572a | 614a |
Goodwill | 5,733a | 5,733a |
Residential mortgage servicing rights at fair value | 1,007a | 906a |
Other identifiable intangible assets, net | 169a | 205a |
Other assets | 9,461a | 8,815a |
Total assets | 157,302a | 152,194a |
Deposits | — | — |
Non-interest-bearing | 39,138a | 42,368a |
Interest-bearing | 88,465a | 85,420a |
Total deposits | 127,603a | 127,788a |
Borrowed funds | — | — |
Short-term borrowings | 500a | 0a |
Long-term borrowings | 5,993a | 2,330a |
Total borrowed funds | 6,493a | 2,330a |
Liabilities and equity | — | — |
Other liabilities | 5,296a | 4,583a |
Total liabilities | 139,392a | 134,701a |
Non-cumulative perpetual, including related surplus, net of issuance costs | 1,715a | 1,659a |
Issued including treasury stock | 9a | 10a |
Equity | — | — |
Additional paid-in capital | 11,394a | 11,757a |
Retained earnings | 9,060a | 8,186a |
Treasury stock, at cost | -1,371a | -1,371a |
Accumulated other comprehensive income (loss), net | -2,928a | -2,812a |
Total shareholders’ equity | 17,879a | 17,429a |
Noncontrolling interest | 31a | 64a |
Total equity | 17,910a | 17,493a |
Total liabilities and equity | 157,302a | 152,194a |
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