Regions Financial Corporation is a financial holding company headquartered in Birmingham, Alabama, with operations primarily in the South, Midwest, and Texas. It provides a diverse range of financial services including retail and mortgage banking, commercial banking, and wealth management services through its principal subsidiary, Regions Bank. By the end of 2023, Regions had approximately $152.2 billion in consolidated assets and operated 1,271 branch outlets and 2,023 ATMs, catering to a broad client base across its operational regions and specialty offices in major cities nationwide.
In addition to traditional banking services, Regions offers specialized financial solutions like merger and acquisition advisory, capital markets services, home improvement lending, and asset management. The company focuses on enhancing its technology offerings to meet growing consumer demands for digital banking solutions, while also navigating its extensive regulatory landscape as a large financial institution. This multifaceted approach aims to maintain competitiveness amid a rapidly evolving financial environment characterized by both traditional and fintech competition.