REGIONS FINANCIAL CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data REGIONS FINANCIAL CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	125	94	71	79	84	104
Operating income						46	56	212	95	53
Interest expense	313	373	602	851	368	167	316	1,577
Pre-tax income	1,664	1,860	1,955	1,985	1,314	3,215	2,876	2,607	2,354	2,743
Income tax	510	619	387	403	220	694	631	533	461	587
Income from continuing operations	1,154	1,241	1,568	1,582	1,094	2,521	2,245
Net income	1,163	1,263	1,759	1,582	1,094	2,521	2,245	2,074	1,893	2,156
EBITDA						417	409	448	239	137
EPS, basic	0.87	1.01	1.55	1.51	1.03	2.51	2.29	2.11	1.94	2.31
EPS, diluted	0.87	1.00	1.54	1.50	1.03	2.49	2.28	2.11	1.93	2.30
Shares, basic (weighted)	1,255	1,186	1,092	995	959	956	935	936	916	892
Shares, diluted (weighted)	1,261	1,198	1,102	999	962	963	942	938	918	896
Dividend per share	0.26	0.32	0.46	0.59	0.62	0.65	0.74	0.88	0.98	1.03

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	5,451	3,981	3,538	4,114	17,956	29,411	11,227	6,801	10,712	10,907
Property, plant and equipment	2,096	2,064	2,045	1,960	1,897	1,814	1,718	1,642	1,673	1,659
Lease right-of-use assets				443	475	459	474	462	453	464
Goodwill	4,904	4,904	4,829	4,845	5,190	5,744	5,733	5,733	5,733	5,733
Intangible assets	221	177	115	105	122	305	249	205	169	140
Total assets	125,968	124,294	125,688	126,240	147,389	162,938	155,220	152,194	157,302	158,814
Short-term debt	0	500	1,600	2,050	0		0	0	500	750
Total liabilities	109,304	108,102	110,598	109,945	129,278	144,612	139,269	134,701	139,392	139,711
Total debt	7,763	8,132	12,424	7,879	3,569	2,407	2,284	2,330	5,993	4,134
Paid-in capital	17,092	15,858	13,766	12,685	12,731	12,189	11,988	11,757	11,394	10,366
Retained earnings	666	1,628	2,828	3,751	3,770	5,550	7,004	8,186	9,060	10,205
Treasury stock	-1,377	-1,377	-1,371	-1,371	-1,371	-1,371	-1,371	-1,371	-1,371	-1,371
Other comprehensive income	-550	-749	-964	-90	1,315	289	-3,343	-2,812	-2,928	-1,535
Shareholders' equity	16,664	16,192	15,090	16,295	18,111	18,326	15,947	17,429	17,879	19,043
Minority interests			0	0	0	0	4	64	31	60
Total equity	16,664	16,192	0	16,295	18,111	18,326	15,951	17,493	17,910	19,103
Total liabilities and equity	125,968	124,294	125,688	126,240	147,389	162,938	155,220	152,194	157,302	158,814

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	1,163	1,263	1,759	1,582	1,094	2,521	2,245	2,074	1,893	2,156
Depreciation and amortization	574	537	462	426	421	371	353	236	144	84
Stock-based compensation								61	73	69
Deferred income tax	47	216	183	62	-158	165	22	32	21	78
Cash from operations	2,037	2,297	2,275	2,581	2,324	3,030	3,102	2,308	1,598	2,181
Acquisitions			0	0	-381	-1,182	0	0
Purchases of investments				-8,102	-8,956	-8,360	-8,991	-2,610	-9,612	-7,262
Sales and maturities of investments	4,072	3,575	3,383	3,532	4,921	5,848	4,433	2,930	3,225	3,289
Cash from investing	-700	-801	-3,045	509	-4,853	-2,865	-12,941	-1,607	-262	-1,418
Debt issued	3,357	6,649	21,750	21,274	4,698	647	0	2,000	3,740	0
Debt repaid	-3,916	-6,255	-17,451	-25,926	-10,918	-1,779	0	-2,000	-100	-1,900
Stock issued	11	8	11	5	5
Share buybacks	-839	-1,275	-2,122	-1,101	0	-467	-230	-252	-348	-1,067
Dividends paid	-317	-346	-452	-577	-595	-608	-663	-787	-890	-912
Cash from financing	-1,200	-2,966	327	-2,514	16,371	11,290	-8,345	-5,127	2,575	-568
Net change in cash	137	-1,470	-443	576	13,842	11,455	-18,184	-4,426	3,911	195
Interest paid	299	363	581	851	408	185	303	1,441	2,219	2,145
Income taxes paid	314	181	57	85	132	367	336	376	64	178

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $27.62 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Effective tax rate	21.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	11.8%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	1.4%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Operating income growth, 1y	-44.2%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-1.8%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y	-42.7%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-30.6%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y	13.9%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-1.3%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	14.5%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	19.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	0.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	17.4%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	36.5%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-11.1%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-1.3%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	5.1%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	11.7%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	10.7%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	6.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	6.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	1.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	1.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	0.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	1.5%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-2.4%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-1.7%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-1.4%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Debt / equity	0.25x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	2.9%	Total debt / total assets.
Liabilities / assets	88.3%	Total liabilities / total assets.
Net debt	-$5.30B	Total debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets	3.6%	(Goodwill + intangible assets) / total assets.
Tangible book value	$12.98B	Shareholders' equity - goodwill - intangible assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$2.60	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share	$2.07	Cash from operations / diluted weighted shares.
Book value per share	$21.98	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$15.15	Tangible book value / shares outstanding.
Cash per share	$11.58	(Cash + short-term investments) / shares outstanding.
Payout ratio	41.1%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$23.53B	Share price x shares outstanding.
Enterprise value	$18.23B	Market cap + total debt - cash - short-term investments.
P/E	10.5x	Market cap / net income. Only when net income is positive.
P/B	1.25x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.81x	Market cap / tangible book value, when positive.
P/OCF	13.2x	Market cap / cash from operations, when positive.
Earnings yield	9.5%	Net income / market cap (the inverse of P/E).
Dividend yield	3.9%	Dividends paid over the period / market cap.
Shareholder yield	8.7%	(Dividends paid + share buybacks) / market cap.
PEG	36.2x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

Was REGIONS FINANCIAL CORP profitable in fiscal 2025?

Yes. Net income was $2.16B, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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