Regions Reports Earnings of $549 Million and EPS of $0.64 in 2Q 2026

BIRMINGHAM, Ala., July 17, 2026–(BUSINESS WIRE)–Regions Financial Corp. (NYSE:RF) today reported second quarter 2026 earnings of $549 million and diluted EPS of $0.64. On an adjusted basis, earnings(1) were $583 million, with diluted EPS(1) of $0.68. Total revenue remained relatively stable while diluted EPS increased 8 percent compared to second quarter of 2025. Adjusted total revenue(1) increased 2 percent, and adjusted diluted EPS(1) increased 13 percent compared to second quarter of 2025.

($ amounts in millions, except per share data)

Net income available to common shareholders

Adj. net income avail. to common shareholders(1)

Diluted earnings per common share

Adj. diluted earnings per common share(1)

Average loans, net of unearned income

Allowance for credit losses ratio

Net charge-offs / average loans*

Return on average common equity*

Return on avg. tangible common equity*(1)

Adj. return on avg. tangible common equity*(1)

Net interest margin (FTE)*

Adjusted efficiency ratio(1)

Common equity Tier 1 ratio(2)

Common equity Tier 1 ratio (incl. AOCI)(1)(2)

(1) Non-GAAP; refer to reconciliations in the financial supplement to this earnings release included as Exhibit 99.2 to the company’s Current Report on Form 8-K that was furnished to the Securities and Exchange Commission (“SEC”) on Jul. 17, 2026. (2) Current quarter is estimated.

John Turner, Chairman, President and CEO of Regions Financial Corp.

“Strategic execution and solid delivery define our results for the second quarter. And, together, they’re giving Regions clear momentum going into the second half of the year. As our markets grow, Regions Bank is focused on leveraging every opportunity to illustrate the Regions difference to more consumers, businesses, Wealth Management clients, and homeowners. We have a solid value proposition. We know the needs and opportunities in our markets based on the depth of our local experience. And we have not only the historical commitment, but also the forward-leaning investments in technology and innovation that we believe position us to compete and grow effectively. The foundation for our growth – including focusing on what we can control, operating to the highest standards, and keeping the customer first – hasn’t changed. As we expand our capabilities and grow our talented group of bankers, that foundation is stronger than ever before and will serve us well in the years to come.”

Taxable equivalent adjustment

Net interest income, taxable equivalent basis

Net interest margin (FTE)*

Service charges on deposit accounts

Commercial credit fee income

Market value adjustments on employee benefit assets**

Securities gains (losses), net

Other miscellaneous income

Adjusted non-interest income (non-GAAP)(1)

Adjusted total revenue (non-GAAP)(1)

** These market value adjustments relate to assets held for employee and director benefits that are effectively offset within salaries and employee benefits and other non-interest expense.

Total revenue increased 2 percent on a reported basis and 4 percent on an adjusted basis(1) compared to the first quarter of 2026. Net interest income increased 2 percent driven primarily by average loan growth, fixed-rate asset turnover, one additional day in the quarter and continued prudent management of deposit costs. Net interest margin decreased 1 basis point to 3.66 percent. While loan growth and one additional day benefit net interest income, they reduce the net interest margin.

Non-interest income increased 1 percent on a reported basis and 7 percent on an adjusted basis(1) during the second quarter, with the variance attributable to a $40 million securities repositioning loss. Wealth management income increased 6 percent in the second quarter to a new record level attributable primarily to higher production and favorable market conditions. Card and ATM fees increased 8 percent due primarily to seasonally higher transaction volumes. Service charges and mortgage income increased 2 percent and 3 percent, respectively. Market value adjustments for employee benefit assets increased $29 million during the quarter but are effectively offset in non-interest expense.

Salaries and employee benefits

Equipment and software expense

Professional, legal and regulatory expenses

FDIC insurance assessments

Visa class B shares expense

Branch consolidation, property and equipment charges

Other miscellaneous expenses

Adjusted non-interest expense (non-GAAP)(1)

Salaries and Employee Benefits Expense

Salaries and employee benefits

Less: Market value adjustments on supplemental 401(k) liabilities*

Salaries and employee benefits less market value adjustments on employee benefit liabilities

* The company holds assets in order to effectively offset the market value adjustments on supplemental 401(k) liabilities and the market value adjustments on those assets are recorded in non-interest income.

Non-interest expenses increased 5 percent on a reported and 4 percent on an adjusted basis(1) compared to the first quarter of 2026. Salaries and benefits increased 6 percent as elevated market value adjustments for supplemental employee benefit liabilities, higher revenue-based incentives, two additional months’ impact of associate merit increases, and one additional day were partially offset by seasonal decreases in payroll taxes and 401(k) contributions. Outside services increased 12 percent primarily attributable to the timing and volume of services performed. FDIC insurance assessments decreased 11 percent attributable to the unsecured debt adjustment tied to the company’s debt issuance during the quarter. The company’s second quarter efficiency ratio was 58.3 percent on a reported basis and 56.9 percent on an adjusted basis(1).