Quarterly Earnings: $534 million, with earnings per share of $0.59.

Adjusted Earnings: $538 million, or $0.60 per share.

Pre-tax, Pre-provision Income: $832 million, a 14% increase year-over-year.

Return on Tangible Common Equity: 19%.

Average Deposits Growth: 30% organic growth over the last five years.

Ending Loans Growth: 1% increase, driven by C&I and real estate.

Net Interest Income Growth: Increased by 5% in the quarter.

Net Interest Margin: Expected to remain in the low to mid-360s for the remainder of the year.

Adjusted Non-interest Income: Increased 5% linked quarter.

Mortgage Income: Increased 20% linked quarter.

Adjusted Non-interest Expense: Increased 4% compared to the prior quarter.

Allowance for Credit Loss Ratio: Declined one basis point to 1.80%.

Common Equity Tier 1 Ratio: Estimated at 10.7%.

Share Repurchases: $144 million executed during the quarter.

Common Dividends Paid: $224 million during the quarter.

Release Date: July 18, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

Regions Financial Corp (NYSE:RF) reported strong quarterly earnings of $534 million, with an adjusted earnings per share of $0.60.

The company achieved a 14% year-over-year increase in pre-tax, pre-provision income, reaching $832 million.

Regions Financial Corp (NYSE:RF) experienced growth in average deposits across consumer checking, small business, and wealth management in all eight priority markets.

The company added over 300 new commercial relationships across its wholesale business year-to-date, indicating successful execution of strategic plans.

Wealth management generated another quarter of record fee income, contributing to revenue diversification and strong client acquisition.

Negative Points

Average loans remained stable, with only modest growth in consumer credit card and home equity lines of credit balances.

Service charges decreased by 6% during the quarter, primarily due to a seasonal decline in treasury management income.

The company continues to face competition in its markets, which could impact growth and profitability.

Regions Financial Corp (NYSE:RF) is not currently interested in depository M&A, potentially limiting inorganic growth opportunities.

The company anticipates being at the higher end of its 40 to 50 basis points charge-off range due to specific portfolios of interest, such as office space and transportation.

Q & A Highlights

Q: Can you discuss the implications of the recent tax bill and bonus depreciation on loan growth and consumer spending? A: John Turner, President and CEO, explained that the passage of the tax bill provides certainty, which is beneficial for both businesses and consumers. Business sentiment has improved, and bonus depreciation is expected to boost activity, particularly in sectors like heavy equipment sales. Consumers remain in good shape, managing debt levels well, though they are spending more cautiously due to economic uncertainty.