RF-PC · Regions Financial Corporation

Regions Financial Corporation released investor presentation materials under Item 7.01, providing a comprehensive update on Q1 2026 performance and strategic outlook. Key results included net income available to common shareholders of $539 million and diluted EPS of $0.62, with pre-tax pre-provision income of $805 million and a ROTCE of 18.26%, reflecting top-quartile peer performance. NII declined 2.6% quarter-over-quarter to $1,261 million due to fewer days, non-recurring items, and loan spread compression, with NIM at 3.67%. Management highlighted protection from rate declines via hedging and deposit cost management, with interest-bearing deposit costs down 13 basis points and cycle-to-date beta at 35%.

Forward guidance signals optimism, with full-year 2026 NII expected to grow 2.5-4%, driven by fixed-rate asset turnover, lower funding costs, and loan growth. Q2 NII is projected to rise approximately 2% from Q1, with NIM in the mid-to-high 3.60%s, expanding to low 3.70%s by year-end, supported by higher long-term rates and steeper yield curve. The presentation underscores sustained above-median organic growth (5-year loan 14%, deposit 18% vs. peer median 3%/9%), investments in priority markets like Nashville and Tampa (58% deposit growth since 2019 vs. 41% market), and technology initiatives including AI-powered tools (CashFlowIQ, RegionsClientIQ) and core deposit system rollout in 2026-2027. Hiring progress (~80% complete on ~870 associates) and branch productivity gains (+33%) position the company for continued outperformance in returns and shareholder value.