Piper Jaffray Raises Price Target on Regions Financial (RF) Following 3Q

Ada Gardner, Branch Manager in East Point, Ga., Receives Regions Bank’s Top Associate Honor

Author, motivational speaker and inspirational mother is a true example of triumph

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Bank today announced that Ada Gardner, a Regions branch manager in East Point, Ga., is the October 2016 recipient of the Regions Bank Better Life Award. The Better Life Award is the top honor given to a Regions associate for outstanding dedication and job performance as... More

Regions Reports Earnings for the Third Quarter of 2016 of $304 Million, up 26 Percent over the Prior Year, and Earnings Per Share of $0.24, up 33 Percent

Revenue increases reflect growth in deposits and non-interest income

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Financial Corporation (NYSE: RF) today announced earnings for the third quarter ended September 30, 2016. The company reported net income available to common shareholders of $304 million, an increase of 26 percent over the prior year and earnings per diluted share of $0.24, an increase of 33 percent.

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Regions Bank Acquires Affordable Housing Syndication and Asset Management Businesses from First Sterling Financial, Inc.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Bank today announced it has acquired the Low Income Housing Tax Credit (LIHTC) corporate fund syndication and asset management businesses of First Sterling Financial, Inc. The acquisition complements Regions Community Investment Capital, Real Estate and Capital Markets capabilities to serve more clients and communities.

First Sterling is one of the leading national syndicators of investment funds benefiting from Low Income Housing Tax Credits. Since its founding by Martin and Ann Soja more than 30 years ago, First Sterling has raised more than $1.9 billion in investor equity through both proprietary and multi-investor funds.... More