Regions logoRegions Financial Corporation is a financial holding company that operates throughout the South, Midwest and Texas, with approximately 1,900 banking offices in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. The company is headquartered in Birmingham, Alabama. Its banking operations are through Regions Bank, a state-chartered commercial bank. As of 2008, regions held more than $144 billion in assets, placing it in the top ten of banks in the United States. Regions was an early recipient of capital from the Treasury’s Capital Purchase Program, and the $3.5 billion it received is one of the largest cash infusions distributed under the program.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Regions Financial

 

Federal Equity Investment

$3.5 billion

Total Revenue

$10.93 billion (2007)
$9.64 billion (2008)

Net Income (Loss)

$1.251 million (2007)
$(5.60 billion) (2008)

Number of Employees

30,673

Corporate Headquarters

Birmingham, Alabama

Business Sector

Bank

Officers and Directors

C. Dowd Ritter, Chairman of the Board, President, Chief Executive Officer

Other Officers and Directors

Corporate Website

http://www.regions.com/

Executive Compensation

Regions Financial

►Financial Documents

2008-10-24 Regions 8K

2008-09-30 Regions 10Q

2008 Regions Proxy

2007 Regions 10K

Federal contracts

USAspending.gov (last accessed 03/30/2009)

Lobbying reports (if any)

Third Quarter 2008
 

Political Contributions

Center for Responsive Politics (last accessed 1/12/2009)

Related Articles

December 8, 2008 Regions Financial Corporation's Morgan Keegan Acquires Revolution Partners, LLC Reuters

October 27, 2008 Treasury to Invest $3.5 Billion in Regions Financial Arkansas Business Online

 

Last Updated March 12, 2009

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