Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0362
Expires: January 31, 2005
Estimated average burden hours per response... 1.0

1. Name and Address of Reporting Person *
MOORE JACKSON W
2. Issuer Name and Ticker or Trading Symbol
REGIONS FINANCIAL CORP [RF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

P.O. BOX 10247
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2006
(Street)


BIRMINGHAM, AL 35202
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock (1) 12/28/2006   J(2) 1,368 A $ 0 29,693 I By 401(k)
Common Stck (3)             1,416,779 D  
Common Stock             2,092 I BW Moore LP
Common Stock             318,524 I By Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to buy) $ 33.48           10/14/2003 10/14/2013 Common Stock
412,500
  412,500
D
 
Stock Option (Right to buy) $ 33           07/25/2005 01/27/2014 Common Stock
10,382
  10,382
D
 
Stock Option (Right to buy) $ 32.57           08/11/2005 02/11/2015 Common Stock
17,512
  17,512
D
 
Stock Option (Right to buy) $ 32.64           01/08/2003 12/20/2010 Common Stock
124,310
  124,310
D
 
Stock Option (Right to buy) $ 33           07/25/2005 12/20/2010 Common Stock
175,947
  175,947
D
 
Stock Option (Right to buy) $ 32.64           01/08/2003 01/04/2011 Common Stock
7,215
  7,215
D
 
Stock Option (Right to buy) $ 32.64           01/08/2003 07/05/2011 Common Stock
21,389
  21,389
D
 
Stock Option (Right to buy) $ 32.64           01/08/2003 10/10/2011 Common Stock
158,621
  158,621
D
 
Stock Option (Right to buy) $ 33           07/25/2005 01/07/2012 Common Stock
271,409
  271,409
D
 
Stock Option (Right to buy) $ 32.64           01/08/2003 07/08/2012 Common Stock
24,736
  24,736
D
 
Stock Option (Right to buy) $ 32.33           01/08/2004 10/08/2012 Common Stock
3,077
  3,077
D
 
Stock Option (Right to buy) $ 33           07/25/2005 10/08/2012 Common Stock
412,514
  412,514
D
 
Stock Option (Right to buy) $ 35.38           11/04/2006 12/20/2012 Common Stock
130,000
  130,000
D
 
Stock Option (Right to buy) $ 32.33           01/08/2004 01/08/2013 Common Stock
19,635
  19,635
D
 
Stock Option (Right to buy) $ 32.33           01/08/2004 07/08/2013 Common Stock
24,489
  24,489
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MOORE JACKSON W
P.O. BOX 10247
BIRMINGHAM, AL 35202
  X      

Signatures

By: D. Bryan Jordan 12/31/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Previously reported in Table II as derivative phantom stock; interests under benefit plans recharacterized as non-derivative and reported on Table I for treatment consistent with other of the issuer's reporting persons.
(2) The reported stock units were acquired under Regions' benefit plans.
(3) Includes 43,780 'profit shares' issuable upon exercise of the stock options shown in Table II, the receipt of which shares has been deferred pursuant to an irrevocable Stock Option Deferral Agreement, but which shares are reported as beneficially owned by the reporting person for purposes of Section 16(a).

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.