Regions Bank Reduces its Prime Lending Rate
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.8%
Revenue Growth %: +1.8%
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BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Bank today announced it is reducing the Regions prime lending rate to 4.75% from 5.00%, effective Thursday, Oct. 31.
About Regions Financial Corporation:
Regions Financial Corporation (NYSE: RF), with $128 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, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191030005913/en/
Evelyn Mitchell
205-264-4551
Regions News Online: regions.doingmoretoday.com
Regions News on Twitter: @RegionsNews
Source: Regions Financial Corporation
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