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)

20K

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.

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Executives & Employees

President & Chief Executive Officer

Senior Executive Vice President Chief Financial Officer

Chief Operating Officer & Senior Executive Vice President

Senior Executive Vice President General Counsel & Corporate Secretary

Senior Executive Vice President Chief Risk Officer

President/West Region, Director, Regions Bank

Senior Executive Vice President Chief Human Resources Officer

Senior Executive Vice President Head of Consumer Banking Group

Senior Executive Vice President Head of Corporate Banking Group

Senior Executive Vice President, Head-Strategic Performance & Alignment

Board of Directors

Vice President at Alabama Jobs Foundation

Former President & Chief Executive Officer at Protective Life Corporation

President, Chief Executive Officer, Director at MOS Holdings, Inc.

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

Community Director at Ochsner Health System

Former President & Chief Executive Officer at Walter Energy, Inc.

General Manager, Digital Ventures at Fairfax Media Ltd.

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

President & Chief Executive Officer at Regions Financial Corporation

Founder at GlobalTech Financial LLC

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Owners & Shareholders
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LSV Asset Management 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. LSV uses a strictly quantitative investment model to identify out-of-favor (undervalued) stocks that have the potential for near-term appreciation. Their portfolios typically have a deep value orientation relative to the indices. Market timing is not part of LSV's process and portfolios are generally fully invested with cash levels usually below 2 percent. LSV selects 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. Portfolio turnover is approximately 30 percent for each strategy. LSV also offers socially responsible investment portfolios and has a strict policy against using soft dollars.

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Perkins is primarily a long-only equities value investment advisor. The firm's value-oriented approach is based on the belief that investing in a diversified portfolio of high-quality, yet undervalued stocks can lead to outperformance of a benchmark over time. Perkins believes that by conducting rigorous downside analysis before determining upside potential, they can identify companies with favorable reward-to-risk trade-offs over a full market cycle. Their investment strategies include: small cap value, mid cap value, large cap value, global value, non-US value, all cap value and value plus income. Perkins uses the same methods of analysis on all strategies. They employ a thorough bottom-up method of fundamental analysis. Perkins seeks high-quality companies with strong balance sheets, low debt ratios, financial flexibility, solid recurring free cash flows and committed and tenured management with significant insider ownership. The portfolios that Perkins manages are designed for long-term investors seeking an equity portfolio, including common stocks.

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Shapiro Capital Management (SCM) is a value manager that adheres to an absolute value approach to investing in US equities. The firm manages small-cap, mid-cap and all-cap equity products. SCM employs a bottom-up investment selection process that is based on research-intensive fundamental analysis. The firm's value approach often includes a contrarian philosophy. They do not employ technical analysis in their investment decisions. SCM seeks to identify companies that compete in a business that is easily understood and that demonstrate superior economic characteristics. The firm typically invests in companies with high returns on invested assets, free cash flow, true franchise characteristics, significant barriers to competitive entry, products with minimal chance of obsolescence and significant managerial ownership. SCM's research includes an analysis of financial statements including all published material for at least the three most recent years. They focus on historical accounting procedures, asset valuations and cash flow. SCM will sell when a stock reaches what they believe to be its intrinsic value, when there is an unanticipated corporate reorganization, there is a change in business philosophy or when there is an unanticipated change in management.

Recent Transactions
Details Hidden

Regions Financial Corporation purchases Highland Associates, Inc.

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

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Regions Bank, Regions Financial Corporation purchase First Sterling Financial, Inc.

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onRegions Financial Corporation purchases AmSouth Bancorporation

Underwriter

Advised onRegions Financial Corporation issued Common Stock

Legal Advisor

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

Legal Advisor

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

Investment Advisor

Advised onRaymond James Financial, Inc. purchases Morgan Keegan & Co., Inc. 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

Priority Technology Holdings, Inc. operates as a blank check company, which was formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination. It operates through the following segments: Consumer Payments and Commercial Payments and Managed Services. The Consumer Payments segment- represents consumer-related services and offerings including merchant acquiring and transaction processing services including the proprietary MX enterprise suite. Either through acquisition of merchant portfolios or through resellers, the Company becomes a party or enters into contracts with a merchant and a sponsor bank. The Commercial Payments and Managed Services segment- represents services provided to certain enterprise customers, including outsourced sales force to those customers and accounts payable automation services to commercial customers. The company was founded on April 23, 2015 and is headquartered in Alpharetta, GA.

GreenSky, Inc. is a technology company. It powers commerce at the point of sale. Its platform facilitates merchant sales, while reducing the friction, and improving the economics, associated with a consumer making a purchase and a bank extending financing for that purchase. The company was founded by David Zalik in 2006 and is headquartered in Atlanta, GA.

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 2018
Market Capitalization
$15.4B
Total Enterprise Value
$26.2B
Earnings Per Share
$1.54
Revenue
$6.39B
Net Profit
$1.76B
Total Equity
$15.1B
Three Year Compounded Annual Growth Rate Of Revenue
5.08%
Five Year Compounded Annual Growth Rate Of Revenue
2.2%
Total Debt
$14.2B
Enterprise Value Sales
4.1x
TEVNet Income
14.9x
Debt TEV
0.54x
Political Donations
$1,000
2014
$1,000
2014
$2,500
2014
Investments
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Strategic Outsourcing, 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 Charlotte, NC.

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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.

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dv01, Inc. operates online data management, reporting and analytics platform. Its solutions include data management, reporting and analytics. The company was founded by Perry Rahbar in 2008 and is headquartered in New York, NY.

Investors
Details Hidden

Director-Performance Measurement at Highland Associates, Inc.

Details Hidden

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

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

Bottomline Technologies, Inc. engages in the provision of cloud-based digital banking, fraud prevention, payment, financial document, insurance, and healthcare solutions. 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 of healthcare and cyber fraud and risk management operating segments. The company was founded by Daniel M. McGurl and James L. Loomis in May 1989 and is headquartered in Portsmouth, NH.

CCF Holding Co. Holding Companies | JONESBORO , GA

CCF Holding Co. engages in the provision of banking services. It operates through its subsidiary, Heritage Bank. Its products and services include deposit services, lending, leasing, cash management, credit and debit cards, free checking, online banking, telephone banking, and mortgage loans. The company was founded in March 1995 and is headquartered in Jonesboro, GA.

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.

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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