Regions Financial Corporation

Regions Financial Corporation

Regions Financial Corporation

Overview
Date Founded

1970

Headquarters

1900 Fifth Avenue North, 25th Floor, Birmingham, AL, 35203, USA

Type of Company

Public

Employees (Worldwide)

19.4K

Industries

Retail & Commercial Banking
Holding Companies
Investment Banking & Brokerage

Company Description

Regions Financial Corporation, with $125 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, mortgage and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,600 banking offices and 2,000 ATMs.

Contact Data
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Executives & Employees

Director, President & Chief Executive Officer of the Company & the Bank

President & Chief Executive Officer

Senior Executive Vice President Chief Financial Officer

Senior Executive Vice President Chief Risk Officer

Chief Strategy & Client Experience Officer

Secretary, Chief Legal Officer & Senior Executive Vice President

President/West Region, Director, Regions Bank

Senior Executive Vice President, Head-Strategic Performance & Alignment

Senior Executive Vice President Head of Wealth Management

Head-Risk Analytics

Board of Directors

Former President & Chief Executive Officer at Southern Power Co.

President & Chief Executive Officer at Regions Financial Corporation

Chairman & Chief Executive Officer at Altec, Inc. - Alabama

Former Founding Partner at Maynard Cooper & Gale PC

Former Member of the Global Leadership Team & Senior Partner, US Operations at PricewaterhouseCoopers International Ltd.

Chairman, President & Chief Executive Officer at Pan-American Life Insurance Co.

Former President, Chief Executive Officer & Director at The Mosaic Company

Former President & Chief Executive Officer at New WEI, Inc.

President & Chief Executive Officer at Blue Cross & Blue Shield of Alabama

Founder at GlobalTech Financial LLC

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Owners & Shareholders
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Thornburg is an active, long-term manager that aims to preserve and increase the real wealth of their investors through a range of equity strategies that redefine traditional measures of value and growth and through a family of bond strategies that focus on quality, stability and minimizing risk over time. The firm employs a fundamental and comprehensive analytical approach to equity investing. Their equity funds focus on a limited number of securities so that each holding can impact performance. Thornburg's equity team searches for firms that are believed to have a promising future and they seek to buy shares of those companies at a discount to their intrinsic value. On the fixed-income side, the firm conducts fundamental, bottom-up research in an effort to identify bonds they believe provide the best return for a given level of risk.

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LSVAM is a quantitative value equity manager that provides active investment management for institutional investors through the application of proprietary investment models. The firm's investment approach is based on the premise that superior long-term results can be achieved by systematically exploiting the judgmental biases and behavioral weaknesses that influence the decisions of many investors. LSVAM uses a strictly quantitative investment model to identify out-of-favor (undervalued) stocks that have the potential for near-term appreciation. They select individual securities using a bottom-up, quantitative approach. All of their investment strategies use the same approach with investments segmented into different market-cap ranges and/or geographic regions.

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SCM employs a research intensive, value approach that often requires a contrarian philosophy and one with a time horizon measured in years. Investments are typically being made in out-of-favor companies whose securities may be declining. The portfolio on average includes 20-35 domestic equities traded on major exchanges and generally holds these securities as opposed to frequently trading many different securities.

Recent Transactions
Details Hidden

Regions Financial Corporation purchases Ascentium Capital LLC from Warburg Pincus LLC

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Regions Financial Corporation purchases Highland Associates, Inc.

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Truist Financial Corp., BB&T Insurance Holdings, Inc. purchase Regions Insurance Group, Inc. from Regions Financial Corporation

Transaction Clients
Escrow Agent

Advised on Acadia Healthcare Co. Inc. purchases Haven Behavioral Healthcare, Inc. /3 Psychiatric Facilities from Haven Behavioral Healthcare, Inc., Clayton Associates LLC, Thoma Cressey Bravo, Inc.

Escrow Agent

Advised on Acadia Healthcare Co. Inc. purchases Haven Behavioral Healthcare, Inc. /3 Psychiatric Facilities from Haven Behavioral Healthcare, Inc., Clayton Associates LLC, Thoma Cressey Bravo, Inc.

Escrow Agent

Advised on Acadia Healthcare Co. Inc. purchases Haven Behavioral Healthcare, Inc. /3 Psychiatric Facilities from Haven Behavioral Healthcare, Inc., Clayton Associates LLC, Thoma Cressey Bravo, Inc.

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onRegions Financial Corporation purchases AmSouth Bancorporation

Underwriter

Advised onRegions Financial Corporation issued USD Common Stock

Legal Advisor

Advised onRaymond James Financial, Inc. purchases Morgan keegan & Co. LLC from Regions Financial Corporation

Legal Advisor

Advised onRaymond James Financial, Inc. purchases Morgan keegan & Co. LLC from Regions Financial Corporation

Investment Advisor

Advised onRaymond James Financial, Inc. purchases Morgan keegan & Co. LLC from Regions Financial Corporation

Executive Managing Director

Advised onRegions Financial Corporation purchases AmSouth Bancorporation

Advisors & Consultants
Legal Advisor

Partner at Sullivan & Cromwell LLP

Legal Advisor

Managing Partner, Executive Compensation & Benefits Practice Group at Sullivan & Cromwell LLP

Legal Advisor

Partner at Sullivan & Cromwell LLP

Clients

American Financial Group, Inc. (NYSE/NASDAQ:AFG) is a holding company based in Cincinnati, Ohio and has been in business for more than fifty years. Our insurance roots go back to the 1800's with the founding of Great American Insurance Company in 1872. Today, through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance ("P&C"), focusing on specialized commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities. AFG's purpose is to enable individuals and businesses to manage financial risk using insurance products and services tailored to meet their specific and ever-changing risk exposures. AFG's strategy is to allocate capital to insurance operations which management believes offer a competitive advantage or unique opportunities. AFG's insurance operations are conducted through Great American Insurance Group. The primary objective of our P&C operations is to achieve solid underwriting profitability while providing excellent service to its agents and policyholders. The P&C operations are primarily comprised of a highly diversified group of businesses offering a wide range of specialty commercial coverages and managed by specialists in particular lines of business or customer groups. The major product lines include inland and ocean marine, workers' compensation, agricultural-related products, executive and professional liability, fidelity and surety, collateral protection, umbrella and excess liability, excess and surplus and commercial automobile. This group writes business in all 50 states primarily through independent agents and brokers. Our Annuity operations are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank and individual markets. AFG's primary investment objective is to maximize return on an on-going basis rather than on short-term performance. Our in-house talented team of analysts and investment managers has built a quality investment portfolio that produces a relatively predictable, steady stream of income. Over the years, our conservatively invested, low-risk portfolio has generated solid returns and provided asset growth. Fixed income securities, primarily investment grade bonds and mortgage-backed securities, account for around 94% of our total investments. (Over 87% of our fixed maturity investments are rated "investment grade" by nationally recognized rating agencies -- 96% are rated NAIC 1 or 2, NAIC's highest ratings). Stocks, real estate, policy loans and other investments make up the remainder of the portfolio. Our real estate investments include commercial real estate operations such as office buildings and a group of hotels, marinas and a resort in various parts of the United States as well as apartment and retail commercial developments. Our real estate investment strategy is based upon our history of buying underperforming or out-of-favor assets, developing and managing them "in house", and selling them when we believe value has been maximized. With the power of generations behind it, AFG grows and changes with discipline and integrity. We're proud of who we are, where we've been and where we're going. Our industry is changing and we continue to change as well. We strive to continue to build value for our shareholders, provide quality products and service to our customers and offer a rewarding work environment for our employees.

Key Stats and Financials As of 2020
Market Capitalization
$22B
Total Enterprise Value
$3.32B
Earnings Per Share
$1.03
Revenue
$6.35B
Total Equity
$18.1B
Net Profit
$1.09B
TEVNet Income
3.04x
Debt TEV
1.24x
Enterprise Value / Sales
0.52x
Total Debt
$4.11B
Three Year Compounded Annual Growth Rate Of Revenue
1.45%
Non-Profit Donations & Grants
Political Donations
$1,000
2014
$1,000
2014
$2,500
2014
Investments
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TriNet HR II Holdings, Inc. provides human resource services. Its services include compliance and benefits administration, human resource administration, payroll administration, safety and risk management, and workers compensation. The company was founded by Steven Michael Mariano in 1990 and is headquartered in San Leandro, CA.

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MX Technologies, Inc. develops and publishes personal finance management software. Its solutions include data, experience and growth transformation. The company was founded by Ryan Caldwell and Jason Borup in 2010 and is headquartered in Lehi, UT.

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Built Technologies, Inc. develops draw management tool for construction lenders. It offers consumer and commercial lending; document management; and inspector mobile application. The company was founded by Chase Gilbert and Adam Serbert in 2014 and is headquartered in Nashville, TN.

Investors
Details Hidden

Director-Performance Measurement at Highland Associates, Inc.

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Chief Investment Officer & Managing Director at Highland Associates, Inc.

Suppliers
Bottomline Technologies Pension Funds & Sovereign Wealth | Portsmouth, NH

Bottomline Technologies, Inc. engages in facilitating electronic payments and transaction settlement between businesses, vendors, and banks. It operates through the following segments: Cloud Solutions; Banking Solutions; Payments and Transactional Documents; and Other. The Cloud Solutions segment provides customers with SaaS technology offerings that facilitate electronic payment, electronic invoicing, and spend management. The Banking Solutions segment offers solutions that are specifically designed for banking and financial institution customers. The Payments and Transactional Documents segment supplies software products that provide a range of financial business process management solutions including making and collecting payments, sending and receiving invoices, and generating and storing business documents. The Other segment consists healthcare and cyber fraud and risk management solutions. The company was founded by Daniel M. McGurl and James L. Loomis in May 1989 and is headquartered in Portsmouth, NH.

Cardlytics, Inc. Internet Software & Services | Atlanta, GA

Cardlytics, Inc. engages in the development of marketing solutions through its purchase intelligence platform. It operates through the Cardlytics Direct and Other Platform Solutions segments. The Cardlytics Direct segment represents its proprietary native bank advertising channel. The Other Platform Solutions segment includes solutions that enable marketers and marketing service providers to leverage the power of purchase intelligence outside the banking channel. The company was founded by Scott D. Grimes, Lynne M. Laube, and Hans Theisen on June 26, 2008 and is headquartered in Atlanta, GA.

Total System Services LLC Retail & Commercial Banking | Columbus, GA

38 million times each day, the people of TSYS® improve lives and businesses across the world by processing a payment. We make it possible for millions of people to move money between the world's buyers and sellers. Offering merchant payment-acceptance solutions as well as services in credit, debit, prepaid, mobile, chip, healthcare and more, we make it possible for those in the global marketplace to conduct safe and secure electronic transactions with trust and convenience. TSYS' headquarters are located in Columbus, Georgia, U.S.A. with local offices spread across the Americas, EMEA and Asia–Pacific. TSYS provides services to more than half of the top-20 global banks. In a bygone era, general store merchants greeted their customers by name and spent a minute or two in conversation before processing the transaction, which was a simple exchange of merchandise for cash. As customers selected their products, the merchants learned their preferences – both benefiting from the relationship. Since then, transactions have evolved dramatically. Technology has extended the reach, scale and velocity of every transaction in the global payment chain. In this complex process, it's easy to lose sight of that basic relationship. At TSYS (Total System Services, Inc.®), we believe it's possible to create more value in those relationships than ever before. That's because we believe that payments should revolve around people, not the other way around.

Awards & Honors
Rank #453
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #453
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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