Regions Financial Corp. Receives Results of 2024 Stress Test
Regions continues to operate from a position of strength, delivering consistent, sustainable performance.
Regions’ preliminary Stress Capital Buffer requirement for the fourth quarter of 2024 through the third quarter of 2025, as determined by the
Regions follows a highly strategic approach toward risk management, positioning the bank to deliver consistent, sustainable performance through a variety of economic cycles. The company benefits from several factors including:
- A well-diversified business portfolio, serving consumers and businesses through a wide range of financial solutions and specialty capabilities
- A strong and stable deposit franchise that is highly granular and built around long-term relationships with customers
- A solid and proactive interest rate risk management program
These factors and others give Regions a competitive advantage as the company serves an attractive footprint that includes high-growth markets across the Southeast,
“Regions operates with a well-positioned balance sheet and prudent risk management, which, together, enable further growth and diversification of our business,” said
Regions’ active and broad-reaching capital planning process is designed to help ensure the efficient use of capital while maintaining a long-term approach toward allocation and distribution in ways that are consistent with the bank’s strategic priorities. Regions remains committed to managing its Common Equity Tier 1 capital ratio sufficient to cover potential losses inherent in its balance sheet under a theoretical extended period of extreme stress. This includes the appropriate level sufficient to incorporate the proposed Basel III Endgame capital changes across its implementation period.
About
Forward-Looking Statements
This release may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, which reflect Regions’ current views with respect to future events and financial performance. The words “future,” “anticipates,” “assumes,” “intends,” “plans,” “seeks,” “believes,” “predicts,” “potential,” “objectives,” “estimates,” “expects,” “targets,” “projects,” “outlook,” “forecast,” “would,” “will,” “may,” “might,” “could,” “should,” “can,” and similar expressions often signify forward-looking statements. Forward-looking statements are not based on historical information, but rather are related to
future operations, strategies, financial results, or other developments. Forward-looking statements are based on management’s expectations as well as certain assumptions and estimates made by, and information available to, management at the time the statements are made, and are subject to various known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from the views, beliefs, and projections expressed in such statements. Factors that may cause actual results to differ from those described in forward-looking statements include those risks and other factors identified in Regions’ Annual Report on Form 10-K for the year ended
View source version on businesswire.com: https://www.businesswire.com/news/home/20240628474381/en/
Media Contact:
205-264-4551
Regions News Online: regions.doingmoretoday.com
Investor Relations Contact:
205-264-7040
Source: