Form 8-K

8-K — REGIONS FINANCIAL CORP

Accession: 0001281761-26-000032

Filed: 2026-04-17

Period: 2026-04-17

CIK: 0001281761

SIC: 6021 (NATIONAL COMMERCIAL BANKS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — rf-20260417.htm (Primary)

EX-99.1 (rf-2026331xexhibit991.htm)

EX-99.2 (rf-2026331xexhibitx992.htm)

EX-99.3 (rf-2026331xexhibit993fin.htm)

GRAPHIC (regionslogob22.jpg)

GRAPHIC (rf-2026331xexhibit993fin001.jpg)

GRAPHIC (rf-2026331xexhibit993fin002.jpg)

GRAPHIC (rf-2026331xexhibit993fin003.jpg)

GRAPHIC (rf-2026331xexhibit993fin004.jpg)

GRAPHIC (rf-2026331xexhibit993fin005.jpg)

GRAPHIC (rf-2026331xexhibit993fin006.jpg)

GRAPHIC (rf-2026331xexhibit993fin007.jpg)

GRAPHIC (rf-2026331xexhibit993fin008.jpg)

GRAPHIC (rf-2026331xexhibit993fin009.jpg)

GRAPHIC (rf-2026331xexhibit993fin010.jpg)

GRAPHIC (rf-2026331xexhibit993fin011.jpg)

GRAPHIC (rf-2026331xexhibit993fin012.jpg)

GRAPHIC (rf-2026331xexhibit993fin013.jpg)

GRAPHIC (rf-2026331xexhibit993fin014.jpg)

GRAPHIC (rf-2026331xexhibit993fin015.jpg)

GRAPHIC (rf-2026331xexhibit993fin016.jpg)

GRAPHIC (rf-2026331xexhibit993fin017.jpg)

GRAPHIC (rf-2026331xexhibit993fin018.jpg)

GRAPHIC (rf-2026331xexhibit993fin019.jpg)

GRAPHIC (rf-2026331xexhibit993fin020.jpg)

GRAPHIC (rf-2026331xexhibit993fin021.jpg)

GRAPHIC (rf-2026331xexhibit993fin022.jpg)

GRAPHIC (rf-2026331xexhibit993fin023.jpg)

GRAPHIC (rf-2026331xexhibit993fin024.jpg)

GRAPHIC (rf-2026331xexhibit993fin025.jpg)

GRAPHIC (rf-2026331xexhibit993fin026.jpg)

GRAPHIC (rf-2026331xexhibit993fin027.jpg)

GRAPHIC (rf-2026331xexhibit993fin028.jpg)

GRAPHIC (rf-2026331xexhibit993fin029.jpg)

GRAPHIC (rf-2026331xexhibit993fin030.jpg)

GRAPHIC (rf-2026331xexhibit993fin031.jpg)

GRAPHIC (rf-2026331xexhibit993fin032.jpg)

GRAPHIC (rf-2026331xexhibit993fin033.jpg)

GRAPHIC (rf-2026331xexhibit993fin034.jpg)

GRAPHIC (rf-2026331xexhibit993fin035.jpg)

GRAPHIC (rf-2026331xexhibit993fin036.jpg)

GRAPHIC (rf-2026331xexhibit993fin037.jpg)

GRAPHIC (rf-2026331xexhibit993fin038.jpg)

GRAPHIC (rf-2026331xexhibit993fin039.jpg)

GRAPHIC (rflogo.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: rf-20260417.htm · Sequence: 1

rf-20260417

0001281761falsefalse00012817612026-04-172026-04-170001281761us-gaap:CommonStockMember2026-04-172026-04-170001281761us-gaap:SeriesBPreferredStockMember2026-04-172026-04-170001281761us-gaap:SeriesCPreferredStockMember2026-04-172026-04-170001281761us-gaap:SeriesEPreferredStockMember2026-04-172026-04-17

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 17, 2026

REGIONS FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-34034 63-0589368

(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

1900 Fifth Avenue North

Birmingham, Alabama 35203

(Address, including zip code, of principal executive office)

Registrant’s telephone number, including area code: (800) 734-4667

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, $.01 par value RF New York Stock Exchange

Depositary Shares, each representing a 1/40th Interest in a Share of

5.700% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C RF PRC New York Stock Exchange

Depositary Shares, each representing a 1/40th Interest in a Share of

4.45% Non-Cumulative Perpetual Preferred Stock, Series E RF PRE New York Stock Exchange

Depositary Shares, each representing a 1/40th Interest in a Share of

Non-Cumulative Perpetual Preferred Stock, Series F RF PRF New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations and Financial Condition.

On April 17, 2026, Regions Financial Corporation (“Regions”) issued a press release announcing its preliminary results of operations for the quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1. Supplemental financial information for the quarter ended March 31, 2026 is attached as Exhibit 99.2. Each of Exhibits 99.1 and 99.2 are incorporated herein by reference and may also be found on Regions’ website at www.regions.com.

Item 7.01 Regulation FD Disclosure.

On April 17, 2026, executives from Regions will review its preliminary results of operations for the quarter ended March 31, 2026, via a live audio webcast. A copy of a visual presentation that will be a part of that review is attached as Exhibit 99.3. Exhibit 99.3 is incorporated herein by reference and may also be found on Regions’ website at www.regions.com. An archived recording of the webcast will be available for a limited time on the Investor Relations page of that website.

In accordance with general instruction B.2. of Form 8-K, the information included in or incorporated into Item 2.02 or Item 7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in any such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number Description of Exhibit

99.1

Press Release dated April 17, 2026.

99.2

Supplemental Financial Information for the Quarter Ended March 31, 2026.

99.3

Visual Presentation of April 17, 2026.

104 Cover Page Interactive Data (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

REGIONS FINANCIAL CORPORATION

By: /s/ Karin K. Allen

Name: Karin K. Allen

Title: Executive Vice President and Chief Accounting Officer

Date: April 17, 2026

EX-99.1

Filename: rf-2026331xexhibit991.htm · Sequence: 2

Document

Exhibit 99.1

Regions Reports earnings of $539 million and EPS of $0.62 in 1Q 2026

$1.9 billion in total revenue reflects 5 percent year-over-year growth.

BIRMINGHAM, Ala. - (BUSINESS WIRE) - April 17, 2026 - Regions Financial Corp. (NYSE:RF) today reported first quarter 2026 earnings of $539 million and diluted EPS of $0.62. Total revenue increased 5 percent, and pre-tax pre-provision income(1) increased 8 percent compared to first quarter of 2025. Adjusted total revenue(1) increased 4 percent, and adjusted pre-tax pre-provision income(1) increased 4 percent compared to first quarter of 2025.

Financial Highlights Soundness

Quarter Ended

•Low-cost deposit base continued to deliver peer-leading interest-bearing deposit costs of 1.72% in 1Q26

•Robust capital with CET1 of 10.6% (9.4% inclusive of AOCI(1)) supported by strong organic capital generation

•Business services criticized loans as a percent of business loans decreased 16 bps to 5.15% while NPLs to total loans decreased 2 bps to 0.71%; ACL/NPLs remains solid at 238%

($ amounts in millions, except per share data)

1Q26 4Q25

Earnings Summary

Net income $ 559 $ 534

Net income available to common shareholders 539 514

Adj. net income avail. to common shareholders(1)

539 504

Diluted earnings per common share 0.62 0.58

Adj. diluted earnings per common share(1)

0.62 0.57 Profitability

Balance Sheet Summary

•Best-in-class hedging program creates a mostly neutral short-term interest rate position and supports a top-quartile 1Q26 NIM of 3.67%

•Regions has consistently generated top-quartile returns vs its peer group; 1Q26 ROATCE of 18.26%

•Expenses remain well-controlled; supports self-funding of growth initiatives

Average loans $ 96,423 $ 95,651

Average deposits 130,234 129,850

Credit Quality

Allowance for credit losses ratio

1.68 % 1.76 %

Net charge-offs / average loans*

0.54 0.59

Selected Ratios

Return on average assets*

1.42 % 1.34 % Growth

Return on average common equity*

12.35 11.58

•Net income grew 16% and diluted EPS 22% YoY; Adj. net income grew 11% and diluted EPS 15%(1)

•1Q26 average loans increased 1% while ending loans increased 2% vs 4Q25; growth driven primarily by high-quality broad-based C&I loans

•1Q26 reflects a record quarter of Treasury Management fees

•Significant progress in hiring and reskilling of bankers to support growth initiatives throughout the company's priority markets

Return on avg. tangible common equity*(1)

18.26 17.17

Adj. return on avg. tangible common equity*(1)

18.26 16.84

Net interest margin (FTE)*

3.67 3.70

Efficiency ratio 56.6 56.8

Adjusted efficiency ratio(1)

56.6 57.5

Common equity Tier 1 ratio(2)

10.7 10.9

Common equity Tier 1 ratio (incl. AOCI)(1)(2)

9.4 9.7

Effective Tax Rate

21.6 24.5

*Annualized

(1) Non-GAAP; refer to reconciliations in the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the SEC on Apr. 17, 2026. (2) Current quarter is estimated.

John Turner, Chairman, President and CEO of Regions Financial Corp.

"Our results reflect the strength of our franchise, the continued momentum of our markets, and our consistent focus on solid execution amid an evolving macroeconomic backdrop. Growth in loans and deposits accelerated during the first quarter, credit metrics continued to improve, and client sentiment remained generally optimistic across our footprint. At the same time, we are making meaningful progress on our core transformation, including key technology and AI investments that are enhancing efficiency and the customer experience, while remaining attentive to near‑term growth drivers. Together, these actions support our confidence to deliver on our strategic priorities throughout the year."

Total revenue

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Net interest income $ 1,248 $ 1,281 $ 1,194 $ (33) (2.6) % $ 54 4.5 %

Taxable equivalent adjustment 13 13 12 — — % 1 8.3 %

Net interest income, taxable equivalent basis $ 1,261 $ 1,294 $ 1,206 $ (33) (2.6) % $ 55 4.6 %

Net interest margin (FTE)*

3.67 % 3.70 % 3.52 %

Non-interest income:

Service charges on deposit accounts $ 163 $ 163 $ 161 $ — — % $ 2 1.2 %

Card and ATM fees 117 123 117 (6) (4.9) % — — %

Wealth management income 141 143 129 (2) (1.4) % 12 9.3 %

Capital markets income 84 80 80 4 5.0 % 4 5.0 %

Mortgage income 32 32 40 — — % (8) (20.0) %

Commercial credit fee income 30 30 27 — — % 3 11.1 %

Bank-owned life insurance 30 23 23 7 30.4 % 7 30.4 %

Market value adjustments on employee benefit assets**

(5) (5) (3) — NM (2) 66.7 %

Securities gains (losses), net (3) — (25) (3) NM 22 88.0 %

Other miscellaneous income 36 51 41 (15) (29.4) % (5) (12.2) %

Non-interest income $ 625 $ 640 $ 590 $ (15) (2.3) % $ 35 5.9 %

Adjusted non-interest income (non-GAAP)(1)

$ 625 $ 640 $ 615 $ (15) (2.3) % $ 10 1.6 %

Total revenue $ 1,873 $ 1,921 $ 1,784 $ (48) (2.5) % $ 89 5.0 %

Adjusted total revenue (non-GAAP)(1)

$ 1,873 $ 1,921 $ 1,809 $ (48) (2.5) % $ 64 3.5 %

NM - Not Meaningful

* Annualized

** These market value adjustments relate to assets held for employee and director benefits that are effectively offset within salaries and employee benefits and other non-interest expense.

While total revenue has increased versus the first quarter of 2025, it decreased 2 percent on both a reported and adjusted basis(1) compared to the fourth quarter of 2025. Net interest income decreased 3 percent driven primarily by fewer days in the quarter and elevated non-recurring items in the prior quarter that did not repeat. Total net interest margin was also negatively impacted by tighter asset spreads associated with higher-quality asset growth contributing to a 3 basis point decrease to 3.67 percent.

Non-interest income decreased 2 percent on both a reported and adjusted basis(1) during the first quarter. Capital markets increased 5 percent in the first quarter attributable to higher loan syndication and securities underwriting activity, as well as commercial swap income. Bank-owned life insurance increased 30 percent primarily due to higher claims income. Service charges, wealth management and mortgage income remained relatively stable compared to the fourth quarter of 2025. Card and ATM fees decreased 5 percent due primarily to seasonally lower activity. Other miscellaneous income also decreased during the quarter attributable primarily to commercial lease sales activity with $6 million of gains recognized in the prior quarter compared to $7 million of losses recognized in the current quarter.

Non-interest expense

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Salaries and employee benefits $ 659 $ 662 $ 625 $ (3) (0.5) % $ 34 5.4 %

Equipment and software expense 108 112 99 (4) (3.6) % 9 9.1 %

Net occupancy expense 72 74 70 (2) (2.7) % 2 2.9 %

Outside services 42 45 40 (3) (6.7) % 2 5.0 %

Marketing 29 29 30 — — % (1) (3.3) %

Professional, legal and regulatory expenses 28 30 23 (2) (6.7) % 5 21.7 %

Credit/checkcard expenses 14 18 15 (4) (22.2) % (1) (6.7) %

FDIC insurance assessments 19 3 20 16 NM (1) (5.0) %

Visa class B shares expense 1 8 7 (7) (87.5) % (6) (85.7) %

Operational losses

10 9 13 1 11.1 % (3) (23.1) %

Other miscellaneous expenses

86 108 97 (22) (20.4) % (11) (11.3) %

Non-interest expense

$ 1,068 $ 1,098 $ 1,039 $ (30) (2.7) % $ 29 2.8 %

Adjusted non-interest expense (non-GAAP)(1)

$ 1,068 $ 1,112 $ 1,035 $ (44) (4.0) % $ 33 3.2 %

Salaries and Employee Benefits Expense

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Salaries and employee benefits $ 659 $ 662 $ 625 $ (3) (0.5) % $ 34 5.4 %

Less: Market value adjustments on supplemental 401(k) liabilities(*)

(4) 6 (1) (10) (166.7) % (3) (300.0) %

Salaries and employee benefits less market value adjustments on employee benefit liabilities

$ 663 $ 656 $ 626 $ 7 1.1 % $ 37 5.9 %

NM - Not Meaningful

* The company holds assets in order to effectively offset the market value adjustments on supplemental 401(k) liabilities and the market value adjustments on those assets are recorded in non-interest income.

Non-interest expenses decreased 3 percent on a reported basis and 4 percent on an adjusted basis(1) compared to the fourth quarter of 2025, reflecting broad-based improvement across most expense categories. Salaries and benefits remained relatively stable as declines in market value adjustments for supplemental employee benefit liabilities offset the seasonal increases in payroll taxes, 401(k) contributions, and one month of merit. FDIC insurance assessments increased $16 million attributable to an adjustment for the company's FDIC special insurance assessment recognized in the prior quarter. The company's first quarter efficiency ratio was 56.6 percent on both a reported and adjusted basis(1).

Loans

Average Balances

($ amounts in millions) 1Q26 4Q25 1Q25 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Commercial and industrial $ 49,572 $ 48,769 $ 49,209 $ 803 1.6 % $ 363 0.7%

Commercial real estate—owner-occupied 5,146 5,126 5,180 20 0.4 % (34) (0.7)%

Investor real estate 9,327 9,116 8,751 211 2.3 % 576 6.6%

Business Lending 64,045 63,011 63,140 1,034 1.6 % 905 1.4%

Residential first mortgage 19,674 19,822 20,037 (148) (0.7) % (363) (1.8)%

Home equity 5,514 5,546 5,509 (32) (0.6) % 5 0.1%

Consumer credit card 1,473 1,458 1,394 15 1.0 % 79 5.7%

Other consumer* 5,717 5,814 6,042 (97) (1.7) % (325) (5.4)%

Consumer Lending 32,378 32,640 32,982 (262) (0.8) % (604) (1.8)%

Total Loans $ 96,423 $ 95,651 $ 96,122 $ 772 0.8 % $ 301 0.3%

Ending Balances

3/31/2026 3/31/2026

($ amounts in millions) 3/31/2026 12/31/2025 3/31/2025 vs. 12/31/2025 vs. 3/31/2025

Commercial and industrial $ 50,824 $ 48,790 $ 48,879 $ 2,034 4.2 % $ 1,945 4.0%

Commercial real estate—owner-occupied 5,265 5,108 5,165 157 3.1 % 100 1.9%

Investor real estate 9,644 9,106 8,833 538 5.9 % 811 9.2%

Business Lending 65,733 63,004 62,877 2,729 4.3 % 2,856 4.5%

Residential first mortgage 19,621 19,765 20,000 (144) (0.7) % (379) (1.9)%

Home equity 5,497 5,556 5,501 (59) (1.1) % (4) (0.1)%

Consumer credit card 1,472 1,519 1,384 (47) (3.1) % 88 6.4%

Other consumer* 5,603 5,793 5,971 (190) (3.3) % (368) (6.2)%

Consumer Lending 32,193 32,633 32,856 (440) (1.3) % (663) (2.0)%

Total Loans $ 97,926 $ 95,637 $ 95,733 $ 2,289 2.4 % $ 2,193 2.3%

NM - Not meaningful.

* Other consumer loans includes Regions' Home Improvement Financing portfolio.

Average loans increased 1 percent while ending loans increased 2 percent compared to the prior quarter. Average business loans increased 2 percent during the quarter while average consumer loans decreased 1 percent. Growth was driven by broad-based C&I lending including power and utilities, manufacturing, healthcare and asset-based lending. Approximately half of this quarter's growth came from higher line utilization, with the remainder of the balance driven by new loans, primarily with existing clients. Loan growth was also very high quality as almost two-thirds were investment grade credits and the majority of the remaining were near investment grade credits.

Deposits

Average Balances

($ amounts in millions) 1Q26 4Q25 1Q25 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Total interest-bearing deposits $ 91,074 $ 90,391 $ 88,634 $ 683 0.8% $ 2,440 2.8%

Non-interest-bearing deposits 39,160 39,459 39,053 (299) (0.8)% 107 0.3%

Total Deposits $ 130,234 $ 129,850 $ 127,687 $ 384 0.3% $ 2,547 2.0%

($ amounts in millions) 1Q26 4Q25 1Q25 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Consumer Bank Segment $ 79,599 $ 79,437 $ 78,712 $ 162 0.2% $ 887 1.1%

Corporate Bank Segment 40,707 40,243 38,312 464 1.2% 2,395 6.3%

Wealth Management Segment 7,777 7,810 7,600 (33) (0.4)% 177 2.3%

Other*

2,151 2,360 3,063 (209) (8.9)% (912) (29.8)%

Total Deposits $ 130,234 $ 129,850 $ 127,687 $ 384 0.3% $ 2,547 2.0%

End of Period Deposits

3/31/2026 3/31/2026

($ amounts in millions) 3/31/2026 12/31/2025 3/31/2025 vs. 12/31/2025 vs. 3/31/2025

Consumer Bank Segment $ 81,271 $ 80,193 $ 80,627 $ 1,078 1.3% $ 644 0.8%

Corporate Bank Segment 40,574 40,449 39,696 125 0.3% 878 2.2%

Wealth Management Segment 7,750 8,344 7,798 (594) (7.1)% (48) (0.6)%

Other*

2,285 2,142 2,850 143 6.7% (565) (19.8)%

Total Deposits $ 131,880 $ 131,128 $ 130,971 $ 752 0.6% $ 909 0.7%

NM - Not meaningful.

*Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, selected deposits and brokered time deposits) and additional wholesale funding arrangements.

The company's deposit base continues to be a source of strength and an industry differentiator in liquidity and margin performance. Ending deposits increased approximately 1 percent while average deposits increased modestly during the quarter. Average corporate deposits increased 1 percent, while average consumer and wealth deposits remained relatively stable. Ending consumer deposits increased over 1 percent reflecting typical seasonal patterns associated primarily with income tax refunds, as well as the focus on customer acquisition and priority markets.

Asset quality

As of and for the Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 3/31/2025

Allowance for credit losses (ACL) at period end $1,647 $1,686 $1,730

ACL/Loans, net 1.68% 1.76% 1.81%

Business criticized loans to total business loans 5.15% 5.31% 7.82%

Allowance for credit losses to non-performing loans, excluding loans held for sale 238% 242% 205%

Provision for credit losses $91 $115 $124

Net loans charged-off $130 $142 $123

Net loans charged-off as a % of average loans, annualized 0.54% 0.59% 0.52%

Non-performing loans, excluding loans held for sale/Loans, net 0.71% 0.73% 0.88%

NPAs (ex. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale 0.73% 0.75% 0.92%

NPAs (inc. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale* 0.90% 0.94% 1.11%

Total Criticized Loans—Business Services**

$3,384 $3,342 $4,918

* Excludes fully guaranteed residential first mortgages that are 90+ days past due and still accruing.

** Business services represents the combined total of commercial and investor real estate loans.

Overall asset quality continues to demonstrate improvement. Based on recent discussions with commercial clients and ongoing relationship-manager engagement, customer sentiment remains generally optimistic, and consumer fundamentals continue to be sound. Aggregate spending trends among Regions' consumer customers are stable to modestly positive, and labor market conditions show no indications of material weakness.

Net charge-offs were $130 million or an annualized 54 basis points of average loans, representing a 5 basis point decrease compared to the fourth quarter of 2025. The majority of business services charge-offs came from previously identified portfolios of interest with established reserves. Business services criticized loans and non-performing loans remained relatively stable with the ratio of non-performing loans as a percentage of total loans declining 2 basis points to 0.71 percent and the ratio of business services criticized loans as a percentage of total business loans declining 16 basis points to 5.15 percent.

Allowance increases tied to loan growth and greater macroeconomic uncertainty were more than offset by meaningful progress in resolving loans within previously identified portfolios of interest, sustained risk-rating upgrades exceeding downgrades, and continued improvement in business services criticized and total non-performing loan ratios. As a result, the allowance for credit losses declined $39 million. Strengthening asset quality across portfolios, combined with high-quality loan growth, drove an 8 basis point reduction in the allowance ratio to 1.68 percent, while coverage of non-performing loans remained solid at 238 percent.

Capital and liquidity

As of and for Quarter Ended

3/31/2026 12/31/2025 3/31/2025

Common Equity Tier 1 ratio(2)

10.7% 10.9% 10.8%

Common equity Tier 1 ratio (incl. AOCI) (non-GAAP)(1)(2)

9.4% 9.7% 9.1%

Tier 1 capital ratio(2)

11.7% 12.0% 12.2%

Total shareholders' equity to total assets 11.68% 11.99% 11.59%

Tangible common shareholders’ equity to tangible assets (non-GAAP)(1)

7.54% 7.80% 7.17%

Common book value per share $20.39 $20.36 $18.70

Tangible common book value per share (non-GAAP)(1)

$13.69 $13.75 $12.29

Loans, net of unearned income, to total deposits 74.3% 72.9% 73.1%

Regions maintained a solid capital position in the first quarter with estimated capital ratios remaining well above current regulatory requirements. At quarter-end, the Common Equity Tier 1 (CET1)(2) and Tier 1 capital(2) ratios were estimated at 10.7 percent and 11.7 percent respectively. Including the impacts of accumulated other comprehensive income, CET1(1)(2) was estimated at 9.4 percent.

During the first quarter, the company repurchased approximately 14 million shares of common stock for a total of $401 million through open-market purchases and declared $227 million in dividends to common shareholders.

Tangible common book value per share(1) ended the quarter at $13.69, an 11 percent increase year-over-year.

The company's liquidity position also remained robust with total available liquidity as of March 31, 2026, of approximately $68 billion, which includes cash held at the Federal Reserve, FHLB borrowing capacity, unencumbered securities, and capacity at the Federal Reserve's facilities such as the Discount Window or Standing Repo Operations. These sources are sufficient to cover uninsured deposits at a ratio of approximately 178 percent as of quarter-end (excluding intercompany and secured deposits).

(1) Non-GAAP; refer to reconciliations on pages 11 14, 15 and 16 of the financial supplement to this earnings release included as Exhibit 99.2 to the company's Current Report on Form 8-K that was furnished to the Securities and Exchange Commission on Apr. 17, 2026.

(2) Current quarter Common Equity Tier 1 and Tier 1 capital ratios are estimated.

Conference Call

The company will hold a live audio webcast to discuss first quarter 2026 results on April 17, 2026 at 10 a.m. ET. To access this live audio webcast, visit the Investor Relations page at ir.regions.com. An archived recording of the webcast will be available at the Investor Relations page at ir.regions.com following the live event.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing

Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

Forward-Looking Statements

This release and the accompanying earnings call may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. In addition, the company, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein. 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 terms, expressions, and graphics often signify forward-looking statements. Forward-looking statements are subject to the risk that the actual effects may differ, possibly materially, from what is reflected in those forward-looking statements due to factors and future developments that are uncertain, unpredictable and in many cases beyond our control. 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 current expectations as well as certain assumptions and estimates made by, and information available to, management at the time the statements are made. Those statements are based on general assumptions and are subject to various risks, and because they also relate to the future, they are likewise subject to inherent uncertainties and other factors that may cause actual results to differ materially from the views, beliefs and projections expressed in such statements. Therefore, we caution you against relying on any of these forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, those described below:

•Our businesses have been, and may continue to be, adversely affected by conditions in the financial markets and economic conditions generally.

•Fluctuations in market interest rates, including the level and shape of the yield curve, may adversely affect our performance.

•If we experience greater credit losses in our loan portfolios than anticipated, our earnings may be materially adversely affected.

•Any future reductions in our credit ratings may increase our funding costs and place limitations on business activities.

•Changes in the soundness of other financial institutions could adversely affect us.

•We may suffer losses if the value of collateral declines in stressed market conditions.

•Ineffective liquidity management could adversely affect our financial results and condition.

•Loss of deposits or a change in deposit mix could increase our funding costs.

•We rely on the mortgage secondary market to manage various risks.

•We are at risk of a variety of systems failures or errors and cyber-attacks or other similar incidents that could adversely affect customer experience and our business and financial performance.

•We are subject to complex and evolving laws, regulations, rules, standards and contractual obligations regarding privacy and cybersecurity, which could increase the cost of doing business, compliance risks and potential liability.

•We will continually encounter technological change and must effectively anticipate, develop and implement new technology.

•The development and use of AI presents risks and challenges that may adversely impact our business.

•Industry competition, including competition from decentralized finance platforms, cryptocurrencies and blockchain technologies could disrupt our business model and adversely affect our revenues, market share or liquidity.

•Our operations are concentrated primarily in the South, Midwest and Texas, and adverse changes in the economic conditions in this region can adversely affect our financial results and condition.

•Weakness in the residential real estate markets could adversely affect our performance.

•Weakness in the commercial real estate markets could adversely affect our performance.

•Risks associated with home equity products where we are in a second lien position could adversely affect our performance.

•Weakness in commodity businesses could adversely affect our performance.

•An outbreak or escalation of hostilities between countries or within a country or region could have a material adverse effect on the U.S. economy and on our businesses.

•We are subject to a variety of operational risks, including the risk of fraud or theft by internal or external parties, which may adversely affect our business and results of operations.

•We rely on other companies to provide key components of our business infrastructure.

•We depend on the accuracy and completeness of information about clients and counterparties.

•We are exposed to risk of environmental liability when we take title to property.

•We can be negatively affected if we fail to identify and address operational risks associated with the introduction of or changes to products, services and delivery platforms.

•Enhanced regulatory and other standards for the oversight of vendors and other service providers can result in higher costs and other potential exposures.

•We are, and may in the future be, subject to claims and litigation calling into question our right to use the intellectual property underlying certain technology in our business.

•Weather-related events, pandemics and other natural or man-made disasters could cause a disruption in our operations or lead to other consequences that could adversely impact our financial results and condition. These impacts could be intensified by climate change. Heightening focus on climate change may also carry transition risks that could negatively impact our results of operations and financial condition.

•We are subject to sociopolitical risks that could adversely affect our business, reputation and the trading price of our common stock.

•Damage to our reputation could significantly harm our businesses.

•We are, and may in the future be, subject to litigation, investigations and governmental proceedings that may result in liabilities adversely affecting our financial condition, business or results of operations or in reputational harm.

•We are subject to extensive governmental regulation, which could have an adverse impact on our operations and our business model.

•We are subject to a variety of risks in connection with any sale of loans we may conduct.

•We may be subject to more stringent capital and liquidity requirements.

•Rulemaking changes and regulatory initiatives implemented by the CFPB may result in higher regulatory and compliance costs that may adversely affect our results of operations.

•We are subject to numerous laws designed to protect consumers, including the CRA and fair lending laws, and a failure to comply with these laws could lead to a wide variety of penalties and other sanctions.

•We may not be able to complete future acquisitions, may not be successful in realizing the benefits of any future acquisitions that are completed or may choose not to pursue acquisition opportunities we might find beneficial.

•Increases in FDIC insurance assessments may adversely affect our earnings.

•Unfavorable results from ongoing stress analyses may adversely affect our ability to retain customers or compete for new business opportunities.

•We are a holding company and depend on our subsidiaries for dividends, distributions and other payments.

•We may not pay dividends on shares of our capital stock.

•Anti-takeover and banking laws and certain agreements and charter provisions may adversely affect share value.

•Our amended and restated by-laws designate (i) the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our shareholders and (ii) the federal district courts of the United States as the sole and exclusive forum for any action asserting a cause of action arising under the Securities Act, which could limit our shareholders’ ability to obtain a favorable judicial forum for disputes with our company or our company’s directors, officers or other employees.

•We face substantial legal and operational risks in our safeguarding and other processing of personal information.

•Differences in regulation can affect our ability to compete effectively.

•Our businesses may be adversely affected if we are unable to hire and retain qualified employees.

•Our operations rely on our ability, and the ability of key external parties, to maintain appropriately staffed workforces, and on the competence, trustworthiness, health and safety of employees.

•Our reported financial results depend on management’s selection of accounting methods and certain assumptions and estimates.

•If the models that we use in our business perform poorly or provide inadequate information, our business or results of operations may be adversely affected.

•Changes in our accounting policies or in accounting standards could materially affect how we report our financial results and condition.

The foregoing list of factors is not exhaustive. For discussion of these and other factors that may cause actual results to differ from expectations, look under the captions “Forward-Looking Statements” and “Risk Factors” in Regions’ Annual Report on Form 10-K for the year ended December 31, 2025 and in Regions’ subsequent filings with the SEC.

You should not place undue reliance on any forward-looking statements, which speak only as of the date made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible to predict all of them. We assume no obligation and do not intend to update or revise any forward-looking statements that are made from time to time, either as a result of future developments, new information or otherwise, except as may be required by law.

Use of Non-GAAP Financial Measures

Management uses pre-tax pre-provision income (non-GAAP), adjusted pre-tax pre-provision income (non-GAAP), the adjusted efficiency ratio (non-GAAP), the adjusted fee income ratio (non-GAAP), return on average tangible common shareholders' equity (non-GAAP), adjusted return on average tangible common shareholders' equity (non-GAAP), common equity Tier 1 ratio (inclusive of AOCI) (non-GAAP), as well as adjusted net income available to common shareholders (non-GAAP) and adjusted diluted EPS (non-GAAP) to monitor performance and believes these measures provide meaningful information to investors. Non-interest expense (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest expense (non-GAAP), which is the numerator for the adjusted efficiency ratio. Non-interest income (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest income (non-GAAP), which is the numerator for the adjusted fee income ratio. Adjusted non-interest income (non-GAAP) and adjusted non-interest expense (non-GAAP) are used to determine adjusted pre-tax pre-provision income (non-GAAP). Net interest income (GAAP) on a taxable-equivalent basis and non-interest income are added together to arrive at total revenue on a taxable-equivalent basis. Adjustments are made to arrive at adjusted total revenue on a taxable-equivalent basis (non-GAAP), which is the denominator for the adjusted fee income and adjusted efficiency ratios. Net income available to common shareholders (GAAP) is presented excluding certain adjustments, net of tax, to arrive at adjusted net income available to common shareholders (non-GAAP), which is the numerator for adjusted diluted EPS (non-GAAP). Return on average tangible common shareholders' equity (non-GAAP) is calculated by dividing net income available to common shareholders (GAAP) by the average tangible common shareholders’ equity (non-GAAP). Net income available to common shareholders (GAAP) is presented excluding certain adjustments, net of tax, to arrive at adjusted net income available to common shareholders (non-GAAP), which is the numerator for adjusted return on average tangible common shareholders’ equity. Adjusted return on average tangible common shareholders' equity is calculated by dividing the adjusted net income available to common shareholders (non-GAAP) by the average tangible common shareholders’ equity (non-GAAP). Adjusted common equity Tier 1 ratio (non-GAAP) is calculated by dividing the adjusted common equity tier 1 (non-GAAP), which is arrived at by excluding the AOCI loss on securities and AOCI loss on defined benefit pension plans and other post employment benefits from common equity Tier 1, by the company’s total risk-weighted assets (GAAP).

Regions believes that the exclusion of these adjustments provides a meaningful basis for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations. Regions believes that presentation of these non-GAAP financial measures will permit investors to assess the performance of the company on the same basis as that applied by management. Tangible common book value per share is calculated by dividing tangible common shareholders' equity (non-GAAP) by tangible assets (non-GAAP). The numerator for tangible book value per share (non-GAAP), tangible common shareholders' equity (non-GAAP), is calculated by excluding intangible assets and the deferred tax liability related to intangible assets from common shareholders' equity (GAAP). The denominator for tangible book value per share (non-GAAP), tangible assets (non-GAAP), is calculated by excluding intangible assets and the deferred tax liability related to intangible assets from total assets (non-GAAP).

Tangible common shareholders’ equity ratios have become a focus of some investors and management believes they may assist investors in analyzing the capital position of the company absent the effects of intangible assets and preferred stock. Analysts and banking regulators have assessed Regions’ capital adequacy using the tangible common shareholders’ equity measure. Because tangible common shareholders’ equity is not formally defined by GAAP or prescribed in any amount by federal banking regulations it is currently considered to be a non-GAAP financial measure and other entities may calculate it differently than Regions’ disclosed calculations. Since analysts and banking regulators may assess Regions’ capital adequacy using tangible common shareholders’ equity to tangible assets, management believes that it is useful to provide investors the ability to assess Regions’ capital adequacy on this same basis.

Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied and are not audited. Although these non-GAAP financial measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical tools, and should not be considered in isolation, or as a substitute for analyses of results as reported under GAAP. In particular, a measure of earnings that excludes selected items does not represent the amount that effectively accrues directly to stockholders. Additionally, our non-GAAP financial measures may not be comparable to similar non-GAAP financial measures used by other companies and there is no certainty that we will not incur expenses in the future that are similar to those excluded in the calculations of non-GAAP financial measures presented herein.

Management and the Board of Directors utilize non-GAAP measures as follows:

•Preparation of Regions' operating budgets

•Monthly financial performance reporting

•Monthly close-out reporting of consolidated results (management only)

•Presentation to investors of company performance

•Metrics for incentive compensation

See the company's Financial Supplement, included as Exhibit 99.2 to the company's Current Report on Form 8-K furnished to the Securities and Exchange Commission on April 17, 2026, for reconciliations of and additional information regarding the company's non-GAAP financial measures.

EX-99.2

Filename: rf-2026331xexhibitx992.htm · Sequence: 3

Document

Exhibit 99.2

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited)

First Quarter 2026

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Table of Contents

Page

Financial Highlights

Selected Ratios and Other Information*

Consolidated Balance Sheets

Loans

Deposits

Consolidated Statements of Income

Consolidated Average Daily Balances and Yield / Rate Analysis

Pre-Tax Pre-Provision Income ("PPI")* and Adjusted PPI*

Non-Interest Income, Service Charges on Deposit Accounts by Segment, Wealth Management Income, Capital Markets Income, and Mortgage Income

Non-Interest Expense and Salaries and Benefits Expense

Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures*

Adjusted Efficiency Ratios, Adjusted Fee Income Ratios, Adjusted Non-Interest Income / Expense, Adjusted Operating Leverage Ratios, Adjusted Total Revenue, Adjusted Net Income Available to Common Shareholders, Adjusted Diluted EPS, Return Ratios, Tangible Common Ratios, and Common Equity Tier 1 (CET1) Ratios

Asset Quality

Allowance for Credit Losses, Net Charge-Offs and Related Ratios

Non-Performing Loans (excludes loans held for sale), Early and Late Stage Delinquencies

Forward-Looking Statements

*Use of non-GAAP financial measures

Regions believes that the presentation of non-GAAP financial measures provides a meaningful basis for period-to-period comparisons, which management believes will assist investors in assessing the performance of the Company on the same basis as that applied by management. Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied and are not audited. Although non-GAAP financial measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical tools, and should not be considered in isolation, or as a substitute for analyses of results as reported under GAAP. In particular, a measure of earnings that excludes certain adjustments does not represent the amount that effectively accrues directly to shareholders. Additionally, our non-GAAP financial measures may not be comparable to similar non-GAAP financial measures used by other companies and there is no certainty that we will not incur expenses in the future that are similar to those excluded in the calculations on non-GAAP financial measures presented herein.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Financial Highlights

Quarter Ended

($ amounts in millions, except per share data) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Earnings Summary

Interest income - taxable equivalent $ 1,715 $ 1,781 $ 1,808 $ 1,796 $ 1,737

Interest expense - taxable equivalent 454 487 539 525 531

Net interest income - taxable equivalent 1,261 1,294 1,269 1,271 1,206

Less: Taxable-equivalent adjustment 13 13 12 12 12

Net interest income 1,248 1,281 1,257 1,259 1,194

Provision for credit losses 91 115 105 126 124

Net interest income after provision for credit losses 1,157 1,166 1,152 1,133 1,070

Non-interest income 625 640 659 646 590

Non-interest expense 1,068 1,098 1,103 1,073 1,039

Income before income taxes 714 708 708 706 621

Income tax expense 155 174 139 143 131

Net income $ 559 $ 534 $ 569 $ 563 $ 490

Net income available to common shareholders $ 539 $ 514 $ 548 $ 534 $ 465

Adjusted net income available to common shareholders (non-GAAP) (1)

$ 539 $ 504 $ 561 $ 538 $ 487

Weighted-average shares outstanding—during quarter:

Basic 863 875 890 898 906

Diluted 868 880 894 900 910

Basic earnings per common share $ 0.63 $ 0.59 $ 0.62 $ 0.59 $ 0.51

Diluted earnings per common share $ 0.62 $ 0.58 $ 0.61 $ 0.59 $ 0.51

Adjusted diluted earnings per common share (non-GAAP) (1)

$ 0.62 $ 0.57 $ 0.63 $ 0.60 $ 0.54

Balance Sheet Summary

At quarter-end

Loans, net of unearned income $ 97,926 $ 95,637 $ 96,125 $ 96,723 $ 95,733

Allowance for credit losses (1,647 ) (1,686 ) (1,713 ) (1,743 ) (1,730 )

Assets 160,741 158,814 159,940 159,206 159,846

Deposits 131,880 131,128 130,334 130,919 130,971

Long-term borrowings 3,137 4,134 4,785 5,279 6,019

Shareholders' equity 18,779 19,043 19,049 18,666 18,530

Average balances

Loans, net of unearned income $ 96,423 $ 95,651 $ 96,647 $ 96,077 $ 96,122

Assets 159,287 158,107 159,089 157,974 156,876

Deposits 130,234 129,850 129,575 129,444 127,687

Long-term borrowings 3,750 4,524 5,527 5,660 6,001

Shareholders' equity 19,077 18,986 18,688 18,350 18,127

_____

(1) See reconciliation of these non-GAAP measures to the most directly comparable GAAP measures on page 15.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Selected Ratios and Other Information

As of and for Quarter Ended

3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Return on average assets* (1)

1.42 % 1.34 % 1.42 % 1.43 % 1.27 %

Return on average common shareholders' equity* 12.35 % 11.58 % 12.56 % 12.72 % 11.49 %

Return on average tangible common shareholders’ equity (non-GAAP)* (2)

18.26 % 17.17 % 18.81 % 19.34 % 17.72 %

Adjusted return on average tangible common shareholders' equity (non-GAAP) *(2)

18.26 % 16.84 % 19.24 % 19.48 % 18.58 %

Efficiency ratio 56.6 % 56.8 % 57.2 % 56.0 % 57.9 %

Adjusted efficiency ratio (non-GAAP) (2)

56.6 % 57.5 % 56.9 % 56.0 % 56.8 %

Dividend payout ratio (3)

42.3 % 44.8 % 43.0 % 42.0 % 48.6 %

Common book value per share $ 20.39 $ 20.36 $ 19.98 $ 19.35 $ 18.70

Tangible common book value per share (non-GAAP) (2)

$ 13.69 $ 13.75 $ 13.49 $ 12.91 $ 12.29

Total shareholders' equity to total assets 11.68 % 11.99 % 11.91 % 11.72 % 11.59 %

Tangible common shareholders’ equity to tangible assets (non-GAAP) (2)

7.54 % 7.80 % 7.74 % 7.52 % 7.17 %

Common equity Tier 1 (4)

$ 13,419 $ 13,490 $ 13,620 $ 13,533 $ 13,355

Total risk-weighted assets (4)

$ 125,860 $ 123,882 $ 125,386 $ 125,755 $ 123,755

Common equity Tier 1 ratio (4)

10.7 % 10.9 % 10.9 % 10.8 % 10.8 %

Common equity Tier 1 ratio (inclusive of AOCI) (non-GAAP) (2)(4)

9.4 % 9.7 % 9.6 % 9.3 % 9.1 %

Tier 1 capital ratio (4)

11.7 % 12.0 % 12.0 % 11.9 % 12.2 %

Total risk-based capital ratio (4)

13.6 % 13.9 % 13.8 % 13.7 % 14.1 %

Leverage ratio (4)

9.6 % 9.7 % 9.7 % 9.7 % 9.8 %

Effective tax rate 21.6 % 24.5 % 19.7 % 20.3 % 21.1 %

Allowance for credit losses as a percentage of loans, net of unearned income 1.68 % 1.76 % 1.78 % 1.80 % 1.81 %

Allowance for credit losses to non-performing loans, excluding loans held for sale 238 % 242 % 226 % 225 % 205 %

Net interest margin (FTE)* 3.67 % 3.70 % 3.59 % 3.65 % 3.52 %

Loans, net of unearned income, to total deposits 74.3 % 72.9 % 73.8 % 73.9 % 73.1 %

Net charge-offs as a percentage of average loans* 0.54 % 0.59 % 0.55 % 0.47 % 0.52 %

Business criticized loans to total business loans 5.15 % 5.31 % 5.81 % 7.22 % 7.82 %

Non-performing loans, excluding loans held for sale, as a percentage of loans 0.71 % 0.73 % 0.79 % 0.80 % 0.88 %

Non-performing assets (excluding loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale 0.73 % 0.75 % 0.82 % 0.84 % 0.92 %

Non-performing assets (including loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale (5)

0.90 % 0.94 % 0.98 % 1.01 % 1.11 %

Associate headcount—full-time equivalent 19,910 19,969 19,675 19,642 19,541

ATMs 1,779 1,786 1,874 1,996 2,008

Branch Statistics

Full service 1,221 1,222 1,223 1,224 1,224

Drive-through/transaction service only 25 25 25 26 25

Total branch outlets 1,246 1,247 1,248 1,250 1,249

*Annualized

(1)Calculated by dividing net income by average assets.

(2)See reconciliation of these non-GAAP measures to the most directly comparable GAAP measures on pages 11, 14, 15, and 16.

(3)Dividend payout ratio reflects dividends declared within the applicable period.

(4)Current quarter Common equity Tier 1 as well as Total risk-weighted assets, Tier 1 capital, Total risk-based capital and Leverage ratios are estimated.

(5)Excludes guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 19 for amounts related to these loans.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Consolidated Balance Sheets

As of

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Assets:

Cash and due from banks $ 3,445 $ 3,112 $ 3,073 $ 3,245 $ 3,287

Interest-bearing deposits in other banks 7,698 7,795 9,026 7,930 11,029

Debt securities held to maturity 5,434 5,606 5,769 5,972 5,195

Debt securities available for sale 27,419 27,560 26,886 26,333 25,942

Loans held for sale 464 511 573 594 345

Loans, net of unearned income 97,926 95,637 96,125 96,723 95,733

Allowance for loan losses

(1,527) (1,556) (1,581) (1,612) (1,613)

Net loans 96,399 94,081 94,544 95,111 94,120

Other earning assets 1,635 1,703 1,513 1,682 1,412

Premises and equipment, net 1,666 1,659 1,742 1,755 1,726

Interest receivable 569 571 574 574 583

Goodwill 5,733 5,733 5,733 5,733 5,733

Residential mortgage servicing rights at fair value (MSRs) 954 970 976 988 979

Other identifiable intangible assets, net 133 140 146 153 161

Other assets 9,192 9,373 9,385 9,136 9,334

Total assets $ 160,741 $ 158,814 $ 159,940 $ 159,206 $ 159,846

Liabilities and Equity:

Deposits:

Non-interest-bearing $ 40,062 $ 39,530 $ 39,768 $ 40,209 $ 40,443

Interest-bearing 91,818 91,598 90,566 90,710 90,528

Total deposits 131,880 131,128 130,334 130,919 130,971

Borrowed funds:

Federal funds purchased and securities sold under agreements to repurchase 1,200 — — — —

Other short-term borrowings 2,000 750 1,300 — —

Short-term borrowings 3,200 750 1,300 — —

Long-term borrowings 3,137 4,134 4,785 5,279 6,019

Other liabilities 3,680 3,699 4,426 4,302 4,289

Total liabilities 141,897 139,711 140,845 140,500 141,279

Equity:

Preferred stock, non-cumulative perpetual 1,369 1,369 1,369 1,369 1,715

Common stock 9 9 9 9 9

Additional paid-in capital 9,973 10,366 10,780 11,017 11,161

Retained earnings 10,517 10,205 9,922 9,609 9,299

Treasury stock, at cost (1,371) (1,371) (1,371) (1,371) (1,371)

Accumulated other comprehensive income (loss), net (1,718) (1,535) (1,660) (1,967) (2,283)

Total shareholders’ equity 18,779 19,043 19,049 18,666 18,530

Noncontrolling interest

65 60 46 40 37

Total equity

18,844 19,103 19,095 18,706 18,567

Total liabilities and equity $ 160,741 $ 158,814 $ 159,940 $ 159,206 $ 159,846

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

End of Period Loans

As of

3/31/2026 3/31/2026

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 vs. 12/31/2025 vs. 3/31/2025

Commercial and industrial $ 50,824 $ 48,790 $ 49,234 $ 49,586 $ 48,879 $ 2,034 4.2 % $ 1,945 4.0 %

Commercial real estate mortgage—owner-occupied 5,004 4,845 4,835 4,890 4,849 159 3.3 % 155 3.2 %

Commercial real estate construction—owner-occupied 261 263 285 275 316 (2) (0.8) % (55) (17.4) %

Total commercial 56,089 53,898 54,354 54,751 54,044 2,191 4.1 % 2,045 3.8 %

Commercial investor real estate mortgage 7,706 7,172 7,122 6,949 6,376 534 7.4 % 1,330 20.9 %

Commercial investor real estate construction 1,938 1,934 1,948 2,149 2,457 4 0.2 % (519) (21.1) %

Total investor real estate 9,644 9,106 9,070 9,098 8,833 538 5.9 % 811 9.2 %

Total business 65,733 63,004 63,424 63,849 62,877 2,729 4.3 % 2,856 4.5 %

Residential first mortgage 19,621 19,765 19,881 20,020 20,000 (144) (0.7) % (379) (1.9) %

Home equity—lines of credit (1)

3,210 3,232 3,209 3,184 3,130 (22) (0.7) % 80 2.6 %

Home equity—closed-end (2)

2,287 2,324 2,340 2,352 2,371 (37) (1.6) % (84) (3.5) %

Consumer credit card 1,472 1,519 1,437 1,415 1,384 (47) (3.1) % 88 6.4 %

Other consumer (3)

5,603 5,793 5,834 5,903 5,971 (190) (3.3) % (368) (6.2) %

Total consumer 32,193 32,633 32,701 32,874 32,856 (440) (1.3) % (663) (2.0) %

Total Loans $ 97,926 $ 95,637 $ 96,125 $ 96,723 $ 95,733 $ 2,289 2.4 % $ 2,193 2.3 %

______

(1) The balance of Regions' home equity lines of credit consists of $1,389 million of first lien and $1,821 million of second lien at 3/31/2026.

(2) The balance of Regions' closed-end home equity loans consists of $1,708 million of first lien and $579 million of second lien at 3/31/2026.

(3) Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $4.8 billion at 3/31/2026, $4.9 billion at 12/31/2025, $5.0 billion at 9/30/2025, $5.0 billion at 6/30/2025 and $5.1 billion at 3/31/2025.

As of

End of Period Loans by Percentage(1)

3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Commercial and industrial 51.9 % 51.0 % 51.2 % 51.3 % 51.1 %

Commercial real estate mortgage—owner-occupied 5.1 % 5.1 % 5.0 % 5.1 % 5.1 %

Commercial real estate construction—owner-occupied 0.3 % 0.3 % 0.3 % 0.3 % 0.3 %

Total commercial 57.3 % 56.4 % 56.5 % 56.6 % 56.5 %

Commercial investor real estate mortgage 7.8 % 7.5 % 7.4 % 7.2 % 6.7 %

Commercial investor real estate construction 2.0 % 2.0 % 2.0 % 2.2 % 2.6 %

Total investor real estate 9.8 % 9.5 % 9.4 % 9.4 % 9.2 %

Total business 67.1 % 65.9 % 66.0 % 66.0 % 65.7 %

Residential first mortgage 20.1 % 20.7 % 20.7 % 20.7 % 20.9 %

Home equity—lines of credit 3.3 % 3.4 % 3.3 % 3.3 % 3.3 %

Home equity—closed-end 2.3 % 2.4 % 2.4 % 2.4 % 2.5 %

Consumer credit card 1.5 % 1.6 % 1.5 % 1.5 % 1.4 %

Other consumer 5.7 % 6.1 % 6.1 % 6.1 % 6.2 %

Total consumer 32.9 % 34.1 % 34.0 % 34.0 % 34.3 %

Total Loans 100.0 % 100.0 % 100.0 % 100.0 % 100.0 %

(1)Amounts have been calculated using whole dollar values, and therefore such amounts may not add to total amounts.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Average Balances of Loans

Average Balances

($ amounts in millions) 1Q26 4Q25 3Q25 2Q25 1Q25 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Commercial and industrial $ 49,572 $ 48,769 $ 49,588 $ 49,033 $ 49,209 $ 803 1.6 % $ 363 0.7 %

Commercial real estate mortgage—owner-occupied 4,887 4,866 4,860 4,900 4,863 21 0.4 % 24 0.5 %

Commercial real estate construction—owner-occupied 259 260 274 270 317 (1) (0.4) % (58) (18.3) %

Total commercial 54,718 53,895 54,722 54,203 54,389 823 1.5 % 329 0.6 %

Commercial investor real estate mortgage 7,381 7,210 7,087 6,805 6,484 171 2.4 % 897 13.8 %

Commercial investor real estate construction 1,946 1,906 2,051 2,204 2,267 40 2.1 % (321) (14.2) %

Total investor real estate 9,327 9,116 9,138 9,009 8,751 211 2.3 % 576 6.6 %

Total business 64,045 63,011 63,860 63,212 63,140 1,034 1.6 % 905 1.4 %

Residential first mortgage 19,674 19,822 19,944 19,992 20,037 (148) (0.7) % (363) (1.8) %

Home equity—lines of credit 3,216 3,219 3,197 3,168 3,135 (3) (0.1) % 81 2.6 %

Home equity—closed-end 2,298 2,327 2,341 2,357 2,374 (29) (1.2) % (76) (3.2) %

Consumer credit card 1,473 1,458 1,420 1,397 1,394 15 1.0 % 79 5.7 %

Other consumer (1)

5,717 5,814 5,885 5,951 6,042 (97) (1.7) % (325) (5.4) %

Total consumer 32,378 32,640 32,787 32,865 32,982 (262) (0.8) % (604) (1.8) %

Total Loans $ 96,423 $ 95,651 $ 96,647 $ 96,077 $ 96,122 $ 772 0.8 % $ 301 0.3 %

________

(1) Other consumer loans also include Regions' Home Improvement Financing portfolio balances of $4.8 billion at 3/31/2026, $4.9 billion at 12/31/2025, $5.0 billion at 9/30/2025, $5.1 billion at 6/30/2025 and $5.1 billion at 3/31/2025.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

End of Period Deposits

As of

3/31/2026 3/31/2026

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 vs. 12/31/2025 vs. 3/31/2025

Non-interest-bearing deposits $ 40,062 $ 39,530 $ 39,768 $ 40,209 $ 40,443 $ 532 1.3% $ (381) (0.9)%

Interest-bearing checking 25,017 25,677 24,669 24,704 25,281 (660) (2.6)% (264) (1.0)%

Savings 12,405 11,914 11,944 12,187 12,466 491 4.1% (61) (0.5)%

Money market—domestic 41,288 40,119 39,051 38,525 37,289 1,169 2.9% 3,999 10.7%

Time deposits 13,108 13,888 14,902 15,294 15,492 (780) (5.6)% (2,384) (15.4)%

Total Deposits $ 131,880 $ 131,128 $ 130,334 $ 130,919 $ 130,971 $ 752 0.6% $ 909 0.7%

As of

3/31/2026 3/31/2026

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 vs. 12/31/2025 vs. 3/31/2025

Consumer Bank Segment $ 81,271 $ 80,193 $ 79,689 $ 79,953 $ 80,627 $ 1,078 1.3% $ 644 0.8%

Corporate Bank Segment 40,574 40,449 40,415 40,101 39,696 125 0.3% 878 2.2%

Wealth Management Segment 7,750 8,344 7,654 7,352 7,798 (594) (7.1)% (48) (0.6)%

Other (1)

2,285 2,142 2,576 3,513 2,850 143 6.7% (565) (19.8)%

Total Deposits $ 131,880 $ 131,128 $ 130,334 $ 130,919 $ 130,971 $ 752 0.6% $ 909 0.7%

As of

3/31/2026 3/31/2026

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 vs. 12/31/2025 vs. 3/31/2025

Wealth Management - Private Wealth $ 6,741 $ 7,149 $ 6,698 $ 6,433 $ 6,931 $ (408) (5.7)% $ (190) (2.7)%

Wealth Management - Institutional Services 1,009 1,195 956 919 867 (186) (15.6)% 142 16.4%

Total Wealth Management Segment Deposits $ 7,750 $ 8,344 $ 7,654 $ 7,352 $ 7,798 $ (594) (7.1)% $ (48) (0.6)%

As of

End of Period Deposits by Percentage 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Non-interest-bearing deposits 30.4 % 30.1 % 30.5 % 30.7 % 30.9 %

Interest-bearing checking 19.0 % 19.6 % 18.9 % 18.9 % 19.3 %

Savings 9.4 % 9.1 % 9.2 % 9.3 % 9.5 %

Money market—domestic 31.3 % 30.6 % 30.0 % 29.4 % 28.5 %

Time deposits 9.9 % 10.6 % 11.4 % 11.7 % 11.8 %

Total Deposits 100.0 % 100.0 % 100.0 % 100.0 % 100.0 %

(1)Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, selected deposits and brokered time deposits) and additional wholesale funding arrangements. Other deposits includes brokered deposits totaling $1.5 billion at 3/31/2026, $1.3 billion at 12/31/2025, $1.8 billion at 9/30/2025, $2.8 billion at 6/30/2025 and $2.2 billion at 3/31/2025.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Average Balances of Deposits

Average Balances

($ amounts in millions) 1Q26 4Q25 3Q25 2Q25 1Q25 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Non-interest-bearing deposits $ 39,160 $ 39,459 $ 39,538 $ 39,556 $ 39,053 $ (299) (0.8) % $ 107 0.3 %

Interest-bearing checking 25,245 24,528 24,274 24,865 25,033 717 2.9 % 212 0.8 %

Savings 12,075 11,876 12,046 12,300 12,177 199 1.7 % (102) (0.8) %

Money market—domestic 40,366 39,591 38,593 37,389 35,625 775 2.0 % 4,741 13.3 %

Time deposits 13,388 14,396 15,124 15,334 15,799 (1,008) (7.0) % (2,411) (15.3) %

Total Deposits $ 130,234 $ 129,850 $ 129,575 $ 129,444 $ 127,687 $ 384 0.3 % 2,547 2.0 %

Average Balances

($ amounts in millions) 1Q26 4Q25 3Q25 2Q25 1Q25 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Consumer Bank Segment $ 79,599 $ 79,437 $ 79,698 $ 79,912 $ 78,712 $ 162 0.2 % $ 887 1.1 %

Corporate Bank Segment 40,707 40,243 39,733 39,234 38,312 464 1.2 % 2,395 6.3 %

Wealth Management Segment 7,777 7,810 7,262 7,324 7,600 (33) (0.4) % 177 2.3 %

Other (1)

2,151 2,360 2,882 2,974 3,063 (209) (8.9) % (912) (29.8) %

Total Deposits $ 130,234 $ 129,850 $ 129,575 $ 129,444 $ 127,687 $ 384 0.3 % $ 2,547 2.0 %

Average Balances

($ amounts in millions) 1Q26 4Q25 3Q25 2Q25 1Q25 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Wealth Management - Private Wealth $ 6,747 $ 6,719 $ 6,604 $ 6,705 $ 6,897 $ 28 0.4 % $ (150) (2.2) %

Wealth Management - Institutional Services 1,030 1,091 658 619 703 (61) (5.6) % 327 46.5 %

Total Wealth Management Segment Deposits $ 7,777 $ 7,810 $ 7,262 $ 7,324 $ 7,600 $ (33) (0.4) % $ 177 2.3 %

(1)Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, selected deposits and brokered time deposits) and additional wholesale funding arrangements.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Consolidated Statements of Income (unaudited)

Quarter Ended

($ amounts in millions, except per share data) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Interest income on:

Loans, including fees $ 1,313 $ 1,358 $ 1,386 $ 1,377 $ 1,342

Debt securities 298 300 293 286 266

Loans held for sale 8 9 9 9 8

Other earning assets 83 101 108 112 109

Total interest income 1,702 1,768 1,796 1,784 1,725

Interest expense on:

Deposits 385 421 456 447 442

Short-term borrowings 17 4 8 1 4

Long-term borrowings 52 62 75 77 85

Total interest expense 454 487 539 525 531

Net interest income 1,248 1,281 1,257 1,259 1,194

Provision for credit losses 91 115 105 126 124

Net interest income after provision for credit losses 1,157 1,166 1,152 1,133 1,070

Non-interest income:

Service charges on deposit accounts 163 163 160 151 161

Card and ATM fees 117 123 122 125 117

Wealth management income 141 143 139 133 129

Capital markets income 84 80 104 83 80

Mortgage income 32 32 38 48 40

Securities gains (losses), net (3) — (27) (1) (25)

Other 91 99 123 107 88

Total non-interest income 625 640 659 646 590

Non-interest expense:

Salaries and employee benefits 659 662 671 658 625

Equipment and software expense 108 112 106 104 99

Net occupancy expense 72 74 72 72 70

Other 229 250 254 239 245

Total non-interest expense 1,068 1,098 1,103 1,073 1,039

Income before income taxes 714 708 708 706 621

Income tax expense 155 174 139 143 131

Net income $ 559 $ 534 $ 569 $ 563 $ 490

Net income available to common shareholders $ 539 $ 514 $ 548 $ 534 $ 465

Weighted-average shares outstanding—during quarter:

Basic 863 875 890 898 906

Diluted 868 880 894 900 910

Actual shares outstanding—end of quarter 854 868 885 894 899

Earnings per common share: (1)

Basic $ 0.63 $ 0.59 $ 0.62 $ 0.59 $ 0.51

Diluted $ 0.62 $ 0.58 $ 0.61 $ 0.59 $ 0.51

Taxable-equivalent net interest income $ 1,261 $ 1,294 $ 1,269 $ 1,271 $ 1,206

________

(1) Quarterly amounts may not add to year-to-date amounts due to rounding.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Consolidated Average Daily Balances and Yield/Rate Analysis

Quarter Ended

3/31/2026 12/31/2025

($ amounts in millions; yields on taxable-equivalent basis) Average Balance Income/ Expense

Yield/ Rate (1)

Average Balance Income/ Expense

Yield/ Rate (1)

Assets

Earning assets:

Debt securities (2)(3)

$ 33,530 $ 298 3.56 % $ 33,464 $ 300 3.58 %

Loans held for sale 579 8 5.48 642 9 5.73

Loans, net of unearned income:

Commercial and industrial (4)

49,572 665 5.37 48,769 688 5.53

Commercial real estate mortgage—owner-occupied (5)

4,887 63 5.14 4,866 65 5.16

Commercial real estate construction—owner-occupied 259 4 5.60 260 3 5.72

Commercial investor real estate mortgage 7,381 106 5.72 7,210 116 6.29

Commercial investor real estate construction 1,946 32 6.51 1,906 33 6.85

Residential first mortgage 19,674 200 4.07 19,822 202 4.07

Home equity 5,514 89 6.50 5,546 91 6.57

Consumer credit card 1,473 51 14.00 1,458 51 14.06

Other consumer 5,717 116 8.26 5,814 122 8.26

Total loans, net of unearned income 96,423 1,326 5.51 95,651 1,371 5.65

Interest-bearing deposits in other banks 7,415 69 3.79 7,596 79 4.07

Other earning assets 1,481 14 3.72 1,456 22 6.21

Total earning assets 139,428 1,715 4.93 138,809 1,781 5.07

Unrealized gains/(losses) on debt securities available for sale, net (2)

(580) (641)

Allowance for loan losses (1,552) (1,545)

Cash and due from banks 3,275 3,055

Other non-earning assets 18,716 18,429

$ 159,287 $ 158,107

Liabilities and Shareholders’ Equity

Interest-bearing liabilities:

Savings $ 12,075 4 0.13 $ 11,876 3 0.10

Interest-bearing checking 25,245 71 1.15 24,528 78 1.26

Money market 40,366 207 2.08 39,591 220 2.20

Time deposits 13,388 103 3.12 14,396 120 3.33

Total interest-bearing deposits (6)

91,074 385 1.72 90,391 421 1.85

Federal funds purchased and securities sold under agreements to repurchase 655 7 3.66 52 2 3.91

Other short-term borrowings 1,077 10 3.80 211 2 4.25

Long-term borrowings 3,750 52 5.56 4,524 62 5.40

Total interest-bearing liabilities 96,556 454 1.91 95,178 487 2.03

Non-interest-bearing deposits (6)

39,160 — — 39,459 — —

Total funding sources 135,716 454 1.35 134,637 487 1.43

Net interest spread (2)

3.02 3.04

Other liabilities 4,435 4,438

Shareholders’ equity 19,077 18,986

Noncontrolling interest 59 46

$ 159,287 $ 158,107

Net interest income/margin FTE basis (2)

$ 1,261 3.67 % $ 1,294 3.70 %

_______

(1) Amounts have been calculated using whole dollar values and the prevailing interest accrual methodology.

(2) Debt securities are included on an amortized cost basis with yield and net interest margin calculated accordingly.

(3) Interest income includes hedging income of $1 million for the quarter ended March 31, 2026 and $5 million for the quarter ended December 31, 2025.

(4) Interest income includes hedging expense of $32 million for the quarter ended March 31, 2026 and $44 million for the quarter ended December 31, 2025.

(5) Interest income includes hedging expense of $4 million for the quarter ended March 31, 2026 and $6 million for the quarter ended December 31, 2025.

(6) Total deposit costs may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest-bearing deposits. The rates for total deposit costs equal 1.20% for the quarter ended March 31, 2026 and 1.29% for the quarter ended December 31, 2025.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Consolidated Average Daily Balances and Yield/Rate Analysis (continued)

Quarter Ended

9/30/2025 6/30/2025 3/31/2025

($ amounts in millions; yields on taxable-equivalent basis) Average Balance Income/ Expense

Yield/ Rate (1)

Average Balance Income/ Expense

Yield/ Rate (1)

Average Balance Income/ Expense

Yield/ Rate (1)

Assets

Earning assets:

Federal funds sold and securities purchased under agreements to resell $ — $ — — % $ 1 $ — 4.44 % $ 1 $ — 4.44 %

Debt securities (2)(3)

33,223 293 3.53 32,882 286 3.48 32,280 266 3.30

Loans held for sale 662 9 5.52 500 9 7.14 441 8 7.27

Loans, net of unearned income:

Commercial and industrial (4)

49,588 714 5.65 49,033 708 5.72 49,209 687 5.58

Commercial real estate mortgage—owner-occupied (5)

4,860 62 5.04 4,900 63 5.02 4,863 59 4.87

Commercial real estate construction—owner-occupied 274 4 5.96 270 4 5.75 317 5 5.78

Commercial investor real estate mortgage 7,087 114 6.30 6,805 113 6.55 6,484 100 6.17

Commercial investor real estate construction 2,051 37 7.12 2,204 40 7.10 2,267 40 7.06

Residential first mortgage 19,944 202 4.06 19,992 200 3.99 20,037 198 3.96

Home equity 5,538 91 6.54 5,525 90 6.51 5,509 91 6.63

Consumer credit card 1,420 52 14.46 1,397 50 14.24 1,394 50 14.55

Other consumer 5,885 122 8.14 5,951 121 8.33 6,042 124 8.27

Total loans, net of unearned income 96,647 1,398 5.70 96,077 1,389 5.75 96,122 1,354 5.64

Interest-bearing deposits in other banks 8,316 94 4.51 8,737 97 4.49 8,537 94 4.45

Other earning assets 1,519 14 3.63 1,466 15 3.96 1,483 15 4.19

Total earning assets

140,367 1,808 5.09 139,663 1,796 5.12 138,864 1,737 5.01

Unrealized gains/(losses) on debt securities available for sale, net (2)

(1,001) (1,348) (1,716)

Allowance for loan losses (1,616) (1,643) (1,625)

Cash and due from banks 2,892 2,893 2,957

Other non-earning assets 18,447 18,409 18,396

$ 159,089 $ 157,974 $ 156,876

Liabilities and Shareholders’ Equity

Interest-bearing liabilities:

Savings $ 12,046 4 0.13 $ 12,300 4 0.13 $ 12,177 4 0.13

Interest-bearing checking 24,274 86 1.41 24,865 88 1.41 25,033 89 1.44

Money market 38,593 234 2.40 37,389 220 2.37 35,625 204 2.32

Time deposits 15,124 132 3.45 15,334 135 3.52 15,799 145 3.73

Total interest-bearing deposits (6)

90,037 456 2.01 89,888 447 1.99 88,634 442 2.02

Federal funds purchased and securities sold under agreements to repurchase 48 — 4.36 80 1 4.40 39 — 4.39

Other short-term borrowings 696 8 4.49 — — — 339 4 4.57

Long-term borrowings 5,527 75 5.39 5,660 77 5.36 6,001 85 5.65

Total interest-bearing liabilities 96,308 539 2.22 95,628 525 2.20 95,013 531 2.27

Non-interest-bearing deposits (6)

39,538 — — 39,556 — — 39,053 — —

Total funding sources 135,846 539 1.57 135,184 525 1.55 134,066 531 1.60

Net interest spread (2)

2.87 2.92 2.75

Other liabilities 4,515 4,403 4,652

Shareholders’ equity 18,688 18,350 18,127

Noncontrolling interest 40 37 31

$ 159,089 $ 157,974 $ 156,876

Net interest income/margin FTE basis (2)

$ 1,269 3.59 % $ 1,271 3.65 % $ 1,206 3.52 %

_______

(1) Amounts have been calculated using whole dollar values and the prevailing interest accrual methodology.

(2) Debt securities are included on an amortized cost basis with yield and net interest margin calculated accordingly.

(3) Interest income includes hedge income of $7 million for the quarter ended September 30, 2025, $6 million for the quarter ended June 30, 2025, and $2 million for the quarter ended March 31, 2025.

(4) Interest income includes hedging expense of $58 million for the quarter ended September 30, 2025, $53 million for the quarter ended June 30, 2025 and $60 million for the quarter ended March 31, 2025.

(5) Interest income includes hedging expense of $7 million for the quarter ended September 30, 2025, $7 million for the quarter ended June 30, 2025 and $7 million for the quarter ended March 31, 2025.

(6) Total deposit costs may be calculated by dividing total interest expense on deposits by the sum of interest-bearing deposits and non-interest-bearing deposits. The rates for total deposit costs equal 1.39% for the quarter ended September 30, 2025, 1.39% for the quarter ended June 30, 2025 and 1.40% for the quarter ended March 31, 2025.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Pre-Tax Pre-Provision Income ("PPI") (non-GAAP) and Adjusted PPI (non-GAAP)

The Pre-Tax Pre-Provision Income tables below present computations of pre-tax pre-provision income excluding certain adjustments (non-GAAP). Regions believes that the presentation of PPI and the exclusion of certain items from PPI provides a meaningful basis for period-to-period comparisons, which management believes will assist investors in analyzing the operating results of the Company and predicting future performance. These non-GAAP financial measures are also used by management to assess the performance of Regions’ business. It is possible that the activities related to the adjustments may recur; however, management does not consider the activities related to the adjustments to be indications of ongoing operations.

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Net income available to common shareholders (GAAP) $ 539 $ 514 $ 548 $ 534 $ 465 $ 25 4.9 % $ 74 15.9 %

Preferred dividends and other (GAAP) (1)

20 20 21 29 25 — — % (5) (20.0) %

Income tax expense (GAAP) 155 174 139 143 131 (19) (10.9) % 24 18.3 %

Income before income taxes (GAAP) 714 708 708 706 621 6 0.8 % 93 15.0 %

Provision for credit losses (GAAP) 91 115 105 126 124 (24) (20.9) % (33) (26.6) %

Pre-tax pre-provision income (non-GAAP) 805 823 813 832 745 (18) (2.2) % 60 8.1 %

Other adjustments:

Securities (gains) losses, net — — 25 — 25 — NM (25) (100.0) %

FDIC insurance special assessment — (14) (3) (1) 1 14 100.0 % (1) (100.0) %

Salaries and employee benefits—severance charges — — — 1 1 — NM (1) (100.0) %

Branch consolidation, property and equipment charges — — (5) — — — NM — NM

Professional, legal and regulatory expenses — — — — 2 — NM (2) (100.0) %

Total other adjustments — (14) 17 — 29 14 100.0 % (29) (100.0) %

Adjusted pre-tax pre-provision income (non-GAAP) $ 805 $ 809 $ 830 $ 832 $ 774 $ (4) (0.5) % $ 31 4.0 %

_____

NM - Not meaningful

(1) The second quarter 2025 amount includes $4 million of deferred issuance costs recognized upon the redemption of Series D preferred stock.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Non-Interest Income

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Service charges on deposit accounts $ 163 $ 163 $ 160 $ 151 $ 161 $ — — % $ 2 1.2 %

Card and ATM fees 117 123 122 125 117 (6) (4.9) % — — %

Wealth management income 141 143 139 133 129 (2) (1.4) % 12 9.3 %

Capital markets income (1)

84 80 104 83 80 4 5.0 % 4 5.0 %

Mortgage income 32 32 38 48 40 — — % (8) (20.0) %

Commercial credit fee income 30 30 28 29 27 — — % 3 11.1 %

Bank-owned life insurance 30 23 25 24 23 7 30.4 % 7 30.4 %

Market value adjustments on employee benefit assets (2)

(5) (5) 12 16 (3) — NM (2) 66.7 %

Securities gains (losses), net (3) — (27) (1) (25) (3) NM 22 88.0 %

Other miscellaneous income 36 51 58 38 41 (15) (29.4) % (5) (12.2) %

Total non-interest income $ 625 $ 640 $ 659 $ 646 $ 590 $ (15) (2.3) % $ 35 5.9 %

Service Charges on Deposit Accounts by Segment

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Consumer Bank Segment (3)

$ 96 $ 101 $ 99 $ 90 $ 96 $ (5) (5.0) % $ — — %

Corporate Bank Segment (4)

66 61 61 60 64 5 8.2 % 2 3.1 %

Wealth Management Segment 1 1 — 1 1 — — % — — %

Total service charges on deposit accounts $ 163 $ 163 $ 160 $ 151 $ 161 $ — — % $ 2 1.2 %

Wealth Management Income

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Investment management and trust fee income $ 92 $ 95 $ 91 $ 90 $ 86 $ (3) (3.2) % $ 6 7.0 %

Investment services fee income 49 48 48 43 43 1 2.1 % 6 14.0 %

Total wealth management income (5)

$ 141 $ 143 $ 139 $ 133 $ 129 $ (2) (1.4) % $ 12 9.3 %

Capital Markets Income

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Capital markets income $ 84 $ 80 $ 104 $ 83 $ 80 $ 4 5.0 % $ 4 5.0 %

Less: Valuation adjustments on customer derivatives (6)

1 — — (2) (1) 1 NM 2 200.0 %

Capital markets income excluding valuation adjustments $ 83 $ 80 $ 104 $ 85 $ 81 $ 3 3.8 % $ 2 2.5 %

Mortgage Income

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Production and sales $ 18 $ 17 $ 17 $ 17 $ 13 $ 1 5.9 % $ 5 38.5 %

Loan servicing 46 47 47 47 47 (1) (2.1) % (1) (2.1) %

MSR and related hedge impact:

MSRs fair value increase (decrease) due to change in valuation inputs or assumptions 1 13 1 16 (10) (12) (92.3) % 11 (110.0) %

MSRs hedge gain (loss) (3) (16) 1 (4) 18 13 81.3 % (21) (116.7) %

MSRs change due to payment decay (30) (29) (28) (28) (28) (1) (3.4) % (2) (7.1) %

MSR and related hedge impact (32) (32) (26) (16) (20) — — % (12) (60.0) %

Total mortgage income $ 32 $ 32 $ 38 $ 48 $ 40 $ — — % $ (8) (20.0) %

Mortgage production - portfolio $ 451 $ 463 $ 465 $ 602 $ 355 $ (12) (2.6) % $ 96 27.0 %

Mortgage production - agency/secondary market 516 494 504 516 371 22 4.5 % 145 39.1 %

Total mortgage production $ 967 $ 957 $ 969 $ 1,118 $ 726 $ 10 1.0 % $ 241 33.2 %

Mortgage production - purchased 61.2 % 71.7 % 81.4 % 82.5 % 82.9 %

Mortgage production - refinanced 38.8 % 28.3 % 18.6 % 17.5 % 17.1 %

_________

NM - Not Meaningful

(1)Capital markets income primarily relates to capital raising activities that includes debt securities underwriting and placement, loan syndication and placement, as well as foreign exchange, derivative and merger and acquisition advisory services.

(2)These market value adjustments relate to assets held for employee and director benefits that are offset within salaries and employee benefits expense and other non-interest expense.

(3)Consumer overdraft fees represent approximately half of these amounts each quarter.

(4)The majority of these amounts relate to Treasury Management (TM) activities and typically represent approximately two-thirds of total TM revenue each quarter.

(5)Total wealth management income does not include certain smaller dollar amounts that are attributable to the wealth management segment.

(6)For the purposes of determining the fair value of customer derivatives, the Company considers the risk of nonperformance by counterparties, as well as the Company's own risk of nonperformance. The valuation adjustments above are reflective of the values associated with these considerations.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Non-Interest Expense

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Salaries and employee benefits $ 659 $ 662 $ 671 $ 658 $ 625 $ (3) (0.5) % $ 34 5.4 %

Equipment and software expense 108 112 106 104 99 (4) (3.6) % 9 9.1 %

Net occupancy expense 72 74 72 72 70 (2) (2.7) % 2 2.9 %

Outside services 42 45 42 39 40 (3) (6.7) % 2 5.0 %

Marketing 29 29 28 26 30 — — % (1) (3.3) %

Professional, legal and regulatory expenses 28 30 30 28 23 (2) (6.7) % 5 21.7 %

Credit/checkcard expenses 14 18 15 16 15 (4) (22.2) % (1) (6.7) %

FDIC insurance assessments 19 3 15 20 20 16 NM (1) (5.0) %

Visa class B shares expense 1 8 8 4 7 (7) (87.5) % (6) (85.7) %

Operational losses 10 9 18 13 13 1 11.1 % (3) (23.1) %

Branch consolidation, property and equipment charges — — (5) — — — NM — NM

Other miscellaneous expenses 86 108 103 93 97 (22) (20.4) % (11) (11.3) %

Total non-interest expense $ 1,068 $ 1,098 $ 1,103 $ 1,073 $ 1,039 $ (30) (2.7) % $ 29 2.8 %

Salaries and Benefits Expense

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Salaries and employee benefits $ 659 $ 662 $ 671 $ 658 $ 625 $ (3) (0.5) % $ 34 5.4 %

Less: Market value adjustments on supplemental 401(k) liabilities (4) 6 13 16 (1) (10) (166.7) % (3) (300.0) %

Salaries and employee benefits less market value adjustments on employee benefits liabilities $ 663 $ 656 $ 658 $ 642 $ 626 $ 7 1.1 % $ 37 5.9 %

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures

Adjusted Efficiency Ratios, Adjusted Fee Income Ratios, Adjusted Non-Interest Income/Expense, Adjusted Operating Leverage Ratios, and Adjusted Total Revenue

The table below presents computations of the efficiency ratio, which is a measure of productivity, generally calculated as non-interest expense divided by total revenue; and the fee income ratio, generally calculated as non-interest income divided by total revenue. Management uses these ratios to monitor performance and believes these measures provide meaningful information to investors. Non-interest expense (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest expense (non-GAAP), which is the numerator for the adjusted efficiency ratio. Non-interest income (GAAP) is presented excluding certain adjustments to arrive at adjusted non-interest income (non-GAAP), which is the numerator for the adjusted fee income ratio. Net interest income and non-interest income are added together to arrive at total revenue. Adjustments are made to arrive at adjusted total revenue (non-GAAP). Net interest income on a taxable-equivalent basis and non-interest income are added together to arrive at total revenue on a taxable-equivalent basis (GAAP). Adjustments are made to arrive at adjusted total revenue on a taxable-equivalent basis (non-GAAP), which is the denominator for the adjusted fee income and adjusted efficiency ratios. Also presented is a computation of the adjusted operating leverage ratio (non-GAAP), which is the period-to-period percentage change in adjusted total revenue on a taxable-equivalent basis (non-GAAP) less the percentage change in adjusted non-interest expense (non-GAAP).

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Non-interest expense (GAAP) A $ 1,068 $ 1,098 $ 1,103 $ 1,073 $ 1,039 $ (30) (2.7) % $ 29 2.8 %

Adjustments:

FDIC insurance special assessment — 14 3 1 (1) (14) (100.0) % 1 100.0 %

Branch consolidation, property and equipment charges — — 5 — — — NM — NM

Salaries and employee benefits—severance charges — — — (1) (1) — NM 1 100.0 %

Professional, legal and regulatory expenses — — — — (2) — NM 2 100.0 %

Adjusted non-interest expense (non-GAAP) B $ 1,068 $ 1,112 $ 1,111 $ 1,073 $ 1,035 $ (44) (4.0) % $ 33 3.2 %

Net interest income (GAAP) C $ 1,248 $ 1,281 $ 1,257 $ 1,259 $ 1,194 $ (33) (2.6) % $ 54 4.5 %

Taxable-equivalent adjustment 13 13 12 12 12 — — % 1 8.3 %

Net interest income, taxable-equivalent basis (GAAP) D $ 1,261 $ 1,294 $ 1,269 $ 1,271 $ 1,206 $ (33) (2.6) % $ 55 4.6 %

Non-interest income (GAAP) E $ 625 $ 640 $ 659 $ 646 $ 590 $ (15) (2.3) % $ 35 5.9 %

Adjustments:

Securities (gains) losses, net — — 25 — 25 — NM (25) (100.0) %

Adjusted non-interest income (non-GAAP) F $ 625 $ 640 $ 684 $ 646 $ 615 $ (15) (2.3) % $ 10 1.6 %

Total revenue (GAAP) C+E=G $ 1,873 $ 1,921 $ 1,916 $ 1,905 $ 1,784 $ (48) (2.5) % $ 89 5.0 %

Adjusted total revenue (non-GAAP) C+F=H $ 1,873 $ 1,921 $ 1,941 $ 1,905 $ 1,809 $ (48) (2.5) % $ 64 3.5 %

Total revenue, taxable-equivalent basis (GAAP) D+E=I $ 1,886 $ 1,934 $ 1,928 $ 1,917 $ 1,796 $ (48) (2.5) % $ 90 5.0 %

Adjusted total revenue, taxable-equivalent basis (non-GAAP) D+F=J $ 1,886 $ 1,934 $ 1,953 $ 1,917 $ 1,821 $ (48) (2.5) % $ 65 3.6 %

Operating leverage ratio (GAAP) (1)

I-A 0.3 % 2.2 %

Adjusted operating leverage ratio (non-GAAP) (1)

J-B 1.5 % 0.3 %

Efficiency ratio (GAAP) (1)

A/I 56.6 % 56.8 % 57.2 % 56.0 % 57.9 %

Adjusted efficiency ratio (non-GAAP) (1)

B/J 56.6 % 57.5 % 56.9 % 56.0 % 56.8 %

Fee income ratio (GAAP) (1)

E/I 33.1 % 33.1 % 34.2 % 33.7 % 32.9 %

Adjusted fee income ratio (non-GAAP) (1)

F/J 33.1 % 33.1 % 35.0 % 33.7 % 33.8 %

________

NM - Not Meaningful

(1) Amounts have been calculated using whole dollar values.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures

Adjusted Net Income Available to Common Shareholders, Adjusted Diluted EPS, and Return Ratios

The table below provides a reconciliation of net income available to common shareholders (GAAP) to adjusted net income available to common shareholders (non-GAAP), a computation of adjusted diluted EPS (non-GAAP), and calculations of “average tangible common shareholders’ equity” (non-GAAP) and related ratios. Net income available to common shareholders (GAAP) is presented excluding certain adjustments, net of tax, to arrive at adjusted net income available to common shareholders (non-GAAP), which is the numerator for adjusted diluted EPS (non-GAAP). Management uses these ratios to monitor performance and believes these measures provide meaningful information to investors. Average tangible common shareholders’ equity ratios have become a focus of some investors and management believes they may assist investors in analyzing the capital position of the Company absent the effects of intangible assets and preferred stock. Analysts and banking regulators have assessed Regions’ capital adequacy using the average tangible common shareholders’ equity measure. Because average tangible common shareholders’ equity is not formally defined by GAAP or prescribed in any amount by federal banking regulations it is currently considered to be a non-GAAP financial measure and other entities may calculate it differently than Regions’ disclosed calculations. In calculating return on average tangible common shareholders' equity ratios, Regions makes adjustments to shareholders' equity including average intangible assets and related deferred taxes, and average preferred stock. Regions also presents an adjusted tangible common shareholder ratio using adjusted net income (non-GAAP) as the numerator. Management uses these metrics to monitor performance and believes these measures provide meaningful information to investors.

Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 1Q26 vs. 4Q25 1Q26 vs. 1Q25

Net income available to common shareholders (GAAP) A $ 539 $ 514 $ 548 $ 534 $ 465 $ 25 4.9 % $ 74 15.9 %

Adjustments:

Securities (gains) losses, net — — 25 — 25 — NM (25) (100.0) %

FDIC insurance special assessment — (14) (3) (1) 1 14 100.0 % (1) (100.0) %

Salaries and employee benefits—severance charges — — — 1 1 — NM (1) (100.0) %

Branch consolidation, property and equipment charges — — (5) — — — NM — NM

Professional, legal and regulatory expenses — — — — 2 — NM (2) (100.0) %

Preferred stock redemption expense (1)

— — — 4 — — NM — NM

Total adjustments — (14) 17 4 29 $ 14 100.0 % $ (29) (100.0) %

Tax impact of adjusted items (2)

— 4 (4) — (7) (4) (100.0) % 7 100.0 %

Adjusted net income available to common shareholders (non-GAAP) B $ 539 $ 504 $ 561 $ 538 $ 487 $ 35 6.9 % $ 52 10.7 %

Weighted-average diluted shares C 868 880 894 900 910

Diluted EPS (GAAP) (3)

A/C $ 0.62 $ 0.58 $ 0.61 $ 0.59 $ 0.51 $ 0.04 6.9 % $ 0.11 21.6 %

Adjusted diluted EPS (non-GAAP) (3)

B/C $ 0.62 $ 0.57 $ 0.63 $ 0.60 $ 0.54 $ 0.05 8.8 % $ 0.08 14.8 %

Average shareholders' equity (GAAP) 19,077 18,986 18,688 18,350 18,127 91 0.5 % 950 5.2 %

Less: Average preferred stock (GAAP) 1,369 1,369 1,369 1,513 1,715 — — % (346) (20.2) %

Average common shareholders' equity (GAAP) D 17,708 17,617 17,319 16,837 16,412 91 0.5 % 1,296 7.9 %

Less:

Average intangible assets (GAAP) 5,869 5,876 5,883 5,891 5,899 (7) (0.1) % (30) (0.5) %

Average deferred tax liability related to intangibles (GAAP) (138) (135) (131) (127) (126) (3) (2.2) % (12) (9.5) %

Average tangible common shareholders' equity (non-GAAP) E $ 11,977 $ 11,876 $ 11,567 $ 11,073 $ 10,639 101 0.9 % 1,338 12.6 %

Return on average common shareholders' equity (GAAP) (3)*

A/D 12.35 % 11.58 % 12.56 % 12.72 % 11.49 %

Return on average tangible common shareholders' equity (non-GAAP) (3)*

A/E 18.26 % 17.17 % 18.81 % 19.34 % 17.72 %

Adjusted return on average tangible common shareholders' equity (non-GAAP) (3)*

B/E 18.26 % 16.84 % 19.24 % 19.48 % 18.58 %

_______

*Annualized

NM - Not Meaningful

(1) In the second quarter of 2025, the Company redeemed its Series D preferred stock. The initial issuance costs reduced net income to common shareholders when the shares were redeemed. This is a non-taxable expense.

(2) Unless separately noted, the tax impact for adjustments has been calculated using a nominal tax rate of 25 percent.

(3) Amounts calculated based upon whole dollar values.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Reconciliation of GAAP Financial Measures to non-GAAP Financial Measures

Tangible Common Ratios

The following table provides a reconciliation of shareholders’ equity (GAAP) to tangible common shareholders’ equity (non-GAAP) and the calculations of the end of period “tangible common shareholders’ equity to tangible assets” and "tangible common book value per share" ratios (non-GAAP). Since analysts and banking regulators may assess Regions’ capital adequacy using tangible common shareholders' equity, management believes that it is useful to provide investors the ability to assess Regions’ capital adequacy on this same basis.

As of and for Quarter Ended

($ amounts in millions, except per share data) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

TANGIBLE COMMON RATIOS

Shareholders’ equity (GAAP) A $ 18,779 $ 19,043 $ 19,049 $ 18,666 $ 18,530

Less: Preferred stock (GAAP) 1,369 1,369 1,369 1,369 1,715

Common shareholders' equity (GAAP) B 17,410 17,674 17,680 17,297 16,815

Less:

Intangible assets (GAAP) 5,866 5,873 5,879 5,886 5,894

Deferred tax liability related to intangibles (GAAP) (141) (138) (133) (130) (126)

Tangible common shareholders’ equity (non-GAAP) C $ 11,685 $ 11,939 $ 11,934 $ 11,541 $ 11,047

Total assets (GAAP) D $ 160,741 $ 158,814 $ 159,940 $ 159,206 $ 159,846

Less:

Intangible assets (GAAP) 5,866 5,873 5,879 5,886 5,894

Deferred tax liability related to intangibles (GAAP) (141) (138) (133) (130) (126)

Tangible assets (non-GAAP) E $ 155,016 $ 153,079 $ 154,194 $ 153,450 $ 154,078

Shares outstanding—end of quarter F 854 868 885 894 899

Total equity to total assets (GAAP) (1)

A/D 11.68 % 11.99 % 11.91 % 11.72 % 11.59 %

Tangible common shareholders’ equity to tangible assets (non-GAAP) (1)

C/E 7.54 % 7.80 % 7.74 % 7.52 % 7.17 %

Common book value per share (GAAP) (1)

B/F $ 20.39 $ 20.36 $ 19.98 $ 19.35 $ 18.70

Tangible common book value per share (non-GAAP) (1)

C/F $ 13.69 $ 13.75 $ 13.49 $ 12.91 $ 12.29

____

(1)Amounts have been calculated using whole dollar values.

Common equity Tier 1 (CET1) Ratios

The following table presents CET1 and CET1 adjusted to include certain components of AOCI (non-GAAP). CET1 is a capital adequacy measure established by federal banking regulators under the Basel III framework. Banking institutions that meet requirements under the regulations are required to maintain certain minimum capital requirements, including a minimum CET1 ratio. This measure is utilized by analysts and banking regulators to assess Regions’ capital adequacy. Under the framework, Regions elected to remove certain of the effects of AOCI in the calculation of CET1. Adjustments to the calculation prescribed in federal banking regulations are considered to be non-GAAP financial measures. Adjustments to CET1 include certain portions of AOCI to arrive at CET1 inclusive of AOCI (non-GAAP), which is a potential impact under recent proposed rulemaking standards. Since analysts and banking regulators may assess Regions’ capital adequacy using proposed rulemaking standards, management believes that it is useful to provide investors the ability to assess Regions’ capital adequacy on this same basis.

Quarter-Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

CET1 RATIOS

Common equity Tier 1 (1)

A $ 13,419 $ 13,490 $ 13,620 $ 13,533 $ 13,355

Adjustments:

AOCI loss on securities (2)

(1,172) (1,076) (1,241) (1,485) (1,645)

AOCI loss on defined benefit pension plans and other post employment benefits (387) (391) (396) (401) (406)

Common equity Tier 1 (inclusive of AOCI) (non-GAAP) B $ 11,860 $ 12,023 $ 11,983 $ 11,647 $ 11,304

Total risk-weighted assets (1)

C $ 125,860 $ 123,882 $ 125,386 $ 125,755 $ 123,755

Common equity Tier 1 ratio (1)(3)

A/C 10.7 % 10.9 % 10.9 % 10.8 % 10.8 %

Common equity Tier 1 ratio (inclusive of AOCI) (non-GAAP) (1)(3)

B/C 9.4 % 9.7 % 9.6 % 9.3 % 9.1 %

____

(1)Current quarter Common equity Tier 1 as well as Total risk-weighted assets are estimated.

(2)Represents AOCI loss on both available for sale and held to maturity securities.

(3)Amounts have been calculated using whole dollar values.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Asset Quality

As of and for Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Beginning allowance for loan losses (ALL) $ 1,556 $ 1,581 $ 1,612 $ 1,613 $ 1,613

Loans charged-off:

Commercial and industrial 88 92 57 70 57

Commercial real estate mortgage—owner-occupied — 1 1 — 2

Total commercial 88 93 58 70 59

Commercial investor real estate mortgage — 4 34 2 22

Total investor real estate — 4 34 2 22

Residential first mortgage — — 1 1 —

Home equity—lines of credit 1 — — 1 —

Home equity—closed-end — 1 — — —

Consumer credit card 18 17 16 17 17

Other consumer 44 52 51 42 47

Total consumer 63 70 68 61 64

Total 151 167 160 133 145

Recoveries of loans previously charged-off:

Commercial and industrial 9 11 10 10 11

Commercial real estate mortgage—owner-occupied — — 1 — —

Commercial real estate construction—owner-occupied — — — — 1

Total commercial 9 11 11 10 12

Commercial investor real estate mortgage — 1 2 — —

Total investor real estate — 1 2 — —

Residential first mortgage — 1 — 1 —

Home equity—lines of credit 1 1 1 2 —

Home equity—closed-end — 1 — — —

Consumer credit card 3 2 2 2 3

Other consumer 8 8 9 5 7

Total consumer 12 13 12 10 10

Total 21 25 25 20 22

Net charge-offs (recoveries):

Commercial and industrial 79 81 47 60 46

Commercial real estate mortgage—owner-occupied — 1 — — 2

Commercial real estate construction—owner-occupied — — — — (1)

Total commercial 79 82 47 60 47

Commercial investor real estate mortgage — 3 32 2 22

Total investor real estate — 3 32 2 22

Residential first mortgage — (1) 1 — —

Home equity—lines of credit — (1) (1) (1) —

Consumer credit card 15 15 14 15 14

Other consumer 36 44 42 37 40

Total consumer 51 57 56 51 54

Total 130 142 135 113 123

Provision for loan losses 101 117 104 112 123

Ending allowance for loan losses (ALL) 1,527 1,556 1,581 1,612 1,613

Beginning reserve for unfunded credit commitments 130 132 131 117 116

Provision for (benefit from) unfunded credit losses (10) (2) 1 14 1

Ending reserve for unfunded commitments 120 130 132 131 117

Allowance for credit losses (ACL) at period end $ 1,647 $ 1,686 $ 1,713 $ 1,743 $ 1,730

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Asset Quality (continued)

As of and for Quarter Ended

($ amounts in millions) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Net loan charge-offs as a % of average loans, annualized (1):

Commercial and industrial 0.65 % 0.66 % 0.37 % 0.49 % 0.38 %

Commercial real estate mortgage—owner-occupied (0.03) % 0.02 % 0.04 % — % 0.14 %

Commercial real estate construction—owner-occupied (0.05) % (0.07) % (0.01) % (0.01) % (0.84) %

Total commercial 0.58 % 0.60 % 0.34 % 0.45 % 0.35 %

Commercial investor real estate mortgage 0.02 % 0.15 % 1.82 % 0.10 % 1.38 %

Total investor real estate 0.02 % 0.12 % 1.41 % 0.07 % 1.02 %

Residential first mortgage — % — % 0.01 % — % — %

Home equity—lines of credit (0.01) % (0.10) % (0.12) % (0.05) % (0.04) %

Home equity—closed-end (0.02) % — % (0.01) % (0.01) % (0.01) %

Consumer credit card 4.17 % 4.08 % 3.94 % 4.24 % 4.18 %

Other consumer 2.51 % 2.97 % 2.83 % 2.50 % 2.68 %

Total consumer 0.63 % 0.70 % 0.67 % 0.63 % 0.66 %

Total 0.54 % 0.59 % 0.55 % 0.47 % 0.52 %

Non-performing loans, excluding loans held for sale $ 692 $ 698 $ 758 $ 776 $ 843

Non-performing loans held for sale 1 — 12 16 26

Non-performing loans, including loans held for sale 693 698 770 792 869

Foreclosed properties 20 17 18 16 15

Non-performing assets (NPAs) $ 713 $ 715 $ 788 $ 808 $ 884

Loans past due > 90 days (2)

$ 170 $ 180 $ 154 $ 171 $ 179

Criticized loans—business (3)

$ 3,384 $ 3,342 $ 3,682 $ 4,608 $ 4,918

Credit Ratios (1):

ACL/Loans, net 1.68 % 1.76 % 1.78 % 1.80 % 1.81 %

ALL/Loans, net 1.56 % 1.63 % 1.64 % 1.67 % 1.69 %

Business criticized loans to total business loans 5.15 % 5.31 % 5.81 % 7.22 % 7.82 %

Allowance for credit losses to non-performing loans, excluding loans held for sale 238 % 242 % 226 % 225 % 205 %

Allowance for loan losses to non-performing loans, excluding loans held for sale 221 % 223 % 208 % 208 % 191 %

Non-performing loans, excluding loans held for sale/Loans, net 0.71 % 0.73 % 0.79 % 0.80 % 0.88 %

NPAs (ex. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale 0.73 % 0.75 % 0.82 % 0.84 % 0.92 %

NPAs (inc. 90+ past due)/Loans, foreclosed properties, and non-performing loans held for sale (2)

0.90 % 0.94 % 0.98 % 1.01 % 1.11 %

(1)Amounts have been calculated using whole dollar values.

(2)Excludes guaranteed residential first mortgages that are 90+ days past due and still accruing. Refer to the footnotes on page 19 for amounts related to these loans.

(3)Business represents the combined total of commercial and investor real estate loans.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Non-Performing Loans (excludes loans held for sale)

As of

($ amounts in millions, %'s calculated using whole dollar values) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Commercial and industrial $ 471 0.93 % $ 474 0.97 % $ 524 1.06 % $ 391 0.79 % $ 418 0.85 %

Commercial real estate mortgage—owner-occupied 53 1.06 % 45 0.92 % 41 0.85 % 45 0.92 % 40 0.83 %

Commercial real estate construction—owner-occupied 2 0.85 % 2 0.85 % 1 0.43 % 1 0.46 % 1 0.41 %

Total commercial 526 0.94 % 521 0.97 % 566 1.04 % 437 0.80 % 459 0.85 %

Commercial investor real estate mortgage 103 1.33 % 121 1.69 % 137 1.92 % 283 4.08 % 327 5.14 %

Total investor real estate 103 1.06 % 121 1.33 % 137 1.51 % 283 3.12 % 327 3.71 %

Residential first mortgage 30 0.16 % 25 0.12 % 24 0.12 % 24 0.12 % 25 0.12 %

Home equity—lines of credit 25 0.77 % 24 0.74 % 24 0.73 % 26 0.79 % 26 0.82 %

Home equity—closed-end 8 0.34 % 7 0.32 % 7 0.31 % 6 0.26 % 6 0.27 %

Total consumer 63 0.20 % 56 0.17 % 55 0.17 % 56 0.17 % 57 0.17 %

Total non-performing loans $ 692 0.71 % $ 698 0.73 % $ 758 0.79 % $ 776 0.80 % $ 843 0.88 %

Early and Late Stage Delinquencies

Accruing 30-89 Days Past Due Loans

As of

($ amounts in millions, %'s calculated using whole dollar values) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Commercial and industrial $ 50 0.10 % $ 55 0.11 % $ 63 0.13 % $ 67 0.14 % $ 68 0.14 %

Commercial real estate mortgage—owner-occupied 4 0.08 % 6 0.11 % 10 0.21 % 8 0.17 % 3 0.07 %

Total commercial 54 0.10 % 61 0.11 % 73 0.13 % 75 0.14 % 71 0.13 %

Commercial investor real estate mortgage 1 0.01 % — — % 28 0.40 % — — % 20 0.31 %

Commercial investor real estate construction — — % — — % — — % 1 0.05 % — — %

Total investor real estate 1 0.01 % — — % 28 0.31 % 1 0.01 % 20 0.23 %

Residential first mortgage—non-guaranteed (1)

127 0.66 % 144 0.74 % 132 0.68 % 114 0.58 % 119 0.61 %

Home equity—lines of credit 22 0.69 % 25 0.79 % 28 0.89 % 25 0.77 % 23 0.72 %

Home equity—closed-end 13 0.57 % 15 0.62 % 14 0.57 % 11 0.48 % 13 0.56 %

Consumer credit card 21 1.39 % 22 1.48 % 20 1.40 % 20 1.46 % 19 1.37 %

Other consumer 66 1.19 % 75 1.31 % 68 1.18 % 66 1.11 % 68 1.15 %

Total consumer (1)

249 0.79 % 281 0.88 % 262 0.81 % 236 0.73 % 242 0.75 %

Total accruing 30-89 days past due loans (1)

$ 304 0.31 % $ 342 0.36 % $ 363 0.38 % $ 312 0.32 % $ 333 0.35 %

Accruing 90+ Days Past Due Loans As of

($ amounts in millions, %'s calculated using whole dollar values) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025

Commercial and industrial $ 5 0.01 % $ 6 0.01 % $ 4 0.01 % $ 19 0.04 % $ 22 0.05 %

Commercial real estate mortgage—owner-occupied 1 0.01 % — 0.01 % 2 0.05 % 1 0.02 % 1 0.01 %

Total commercial 6 0.01 % 6 0.01 % 6 0.01 % 20 0.04 % 23 0.04 %

Residential first mortgage—non-guaranteed (2)

100 0.52 % 105 0.55 % 84 0.43 % 89 0.46 % 93 0.47 %

Home equity—lines of credit 14 0.42 % 15 0.45 % 14 0.43 % 12 0.38 % 13 0.42 %

Home equity—closed-end 8 0.35 % 8 0.37 % 7 0.30 % 7 0.30 % 6 0.26 %

Consumer credit card 22 1.52 % 22 1.41 % 20 1.42 % 20 1.39 % 21 1.49 %

Other consumer 20 0.35 % 24 0.40 % 23 0.39 % 23 0.39 % 23 0.38 %

Total consumer (2)

164 0.52 % 174 0.54 % 148 0.46 % 151 0.47 % 156 0.48 %

Total accruing 90+ days past due loans (2)

$ 170 0.17 % $ 180 0.19 % $ 154 0.16 % $ 171 0.18 % $ 179 0.19 %

Total delinquencies (1) (2)

$ 474 0.49 % $ 522 0.55 % $ 517 0.54 % $ 483 0.50 % $ 512 0.54 %

(1)Excludes loans that are 100% guaranteed by FHA and guaranteed loans sold to Ginnie Mae where Regions has the right but not the obligation to repurchase; however, includes Ginnie Mae repurchased loans with partial guarantees. Total 30-89 days past due guaranteed loans excluded were $62 million at 3/31/2026, $66 million at 12/31/2025, $62 million at 9/30/2025, $57 million at 6/30/2025, and $52 million at 3/31/2025.

(2)Excludes loans that are 100% guaranteed by FHA and all guaranteed loans sold to Ginnie Mae where Regions has the right but not the obligation to repurchase; however, includes Ginnie Mae repurchased loans with partial guarantees. Total 90 days or more past due guaranteed loans excluded were $94 million at 3/31/2026, $79 million at 12/31/2025, $48 million at 9/30/2025, $44 million at 6/30/2025, and $53 million at 3/31/2025.

Regions Financial Corporation and Subsidiaries

Financial Supplement (unaudited) to First Quarter 2026 Earnings Release

Forward-Looking Statements

This supplement, the related earnings release, and the accompanying earnings call may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. In addition, the company, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein. 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 terms, expressions, and graphics often signify forward-looking statements. Forward-looking statements are subject to the risk that the actual effects may differ, possibly materially, from what is reflected in those forward-looking statements due to factors and future developments that are uncertain, unpredictable and in many cases beyond our control. 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 current expectations as well as certain assumptions and estimates made by, and information available to, management at the time the statements are made. Those statements are based on general assumptions and are subject to various risks, and because they also relate to the future, they are likewise subject to inherent uncertainties and other factors that may cause actual results to differ materially from the views, beliefs and projections expressed in such statements. Therefore, we caution you against relying on any of these forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, those described below: