Regions Financial
RF · NYSENational Commercial Banks · Fiscal year ends Dec 31
Net income was $2.2B. It held more cash than debt (net cash $6B).
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $104M | – | – | – | – |
| Operating income | $46M | $56M | $212M | $95M | $53M |
| Net interest incomeBanks | $3.9B | $4.8B | $5.3B | $4.8B | $5B |
| Interest expense | $167M | $316M | $1.6B | – | – |
| Pre-tax income | $3.2B | $2.9B | $2.6B | $2.4B | $2.7B |
| Income tax | $694M | $631M | $533M | $461M | $587M |
| Net income | $2.5B | $2.2B | $2.1B | $1.9B | $2.2B |
| Diluted EPS | 2.49 | 2.28 | 2.11 | 1.93 | 2.30 |
| Diluted shares | 963M | 942M | 938M | 918M | 896M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $29.4B | $11.2B | $6.8B | $10.7B | $10.9B |
| Net PP&E | $1.8B | $1.7B | $1.6B | $1.7B | $1.7B |
| Goodwill | $5.7B | $5.7B | $5.7B | $5.7B | $5.7B |
| Total assets | $163B | $155B | $152B | $157B | $159B |
| Short-term debt | – | $0 | $0 | $500M | $750M |
| Long-term debt | $2.4B | $2.3B | $2.3B | $6B | $4.1B |
| DepositsBanks | $139B | $132B | $128B | $128B | $131B |
| Total liabilities | $145B | $139B | $135B | $139B | $140B |
| Shareholders' equity | $18.3B | $15.9B | $17.4B | $17.9B | $19B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $3B | $3.1B | $2.3B | $1.6B | $2.2B |
| Depreciation & amortisation | $371M | $353M | $236M | $144M | $84M |
| Stock-based compensation | – | – | $61M | $73M | $69M |
| Acquisitions | $1.2B | $0 | $0 | – | – |
| Share buybacks | $467M | $230M | $252M | $348M | $1.1B |
| Dividends paid | $608M | $663M | $787M | $890M | $912M |
| Dividend per share | 0.65 | 0.74 | 0.88 | 0.98 | 1.03 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating income growth (YoY) | – | 21.7% | 278.6% | −55.2% | −44.2% |
| EPS growth (YoY) | – | −8.4% | −7.5% | −8.5% | 19.2% |
| Operating margin | 44.2% | – | – | – | – |
| Net margin | 2424.0% | – | – | – | – |
| Return on equityBlank when equity is negative | 13.8% | 14.1% | 11.9% | 10.6% | 11.3% |
| Cash conversion (CFO ÷ net income) | 1.20x | 1.38x | 1.11x | 0.84x | 1.01x |
| Interest cover | 0.28x | 0.18x | 0.13x | – | – |
| Debt ÷ equity | 0.13x | 0.14x | 0.13x | 0.36x | 0.26x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −$27B | −$8.9B | −$4.5B | −$4.2B | −$6B |
Recent filings
More in National Commercial Banks
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.