Regions continues to operate from a position of strength, delivering consistent, sustainable performance.

The Federal Reserve has communicated to Regions Financial Corp. (NYSE:RF) that the company exceeded all minimum capital levels under the Federal Reserve’s Supervisory Stress Test.

Regions’ preliminary Stress Capital Buffer requirement for the fourth quarter of 2024 through the third quarter of 2025, as determined by the Federal Reserve, will remain floored at 2.5%.

Regions follows a highly strategic approach toward risk management, positioning the bank to deliver consistent, sustainable performance through a variety of economic cycles. The company benefits from several factors including:

• A well-diversified business portfolio, serving consumers and businesses through a wide range of financial solutions and specialty capabilities
• A strong and stable deposit franchise that is highly granular and built around long-term relationships with customers
• A solid and proactive interest rate risk management program

These factors and others give Regions a competitive advantage as the company serves an attractive footprint that includes high-growth markets across the Southeast, Texas, and portions of the Midwest.

“Regions operates with a well-positioned balance sheet and prudent risk management, which, together, enable further growth and diversification of our business,” said John Turner, Chairman, President and CEO of Regions Financial Corp. “We are focused on allocating capital in ways that strategically enhance and strengthen the Regions brand while creating greater value for customers, shareholders, and communities. Our diverse revenue streams are combined with a commitment to delivering a superior client experience, allowing us to operate from a clear position of strength.”

Regions’ active and broad-reaching capital planning process is designed to help ensure the efficient use of capital while maintaining a long-term approach toward allocation and distribution in ways that are consistent with the bank’s strategic priorities. Regions remains committed to managing its Common Equity Tier 1 capital ratio sufficient to cover potential losses inherent in its balance sheet under a theoretical extended period of extreme stress. This includes the appropriate level sufficient to incorporate the proposed Basel III Endgame capital changes across its implementation period.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $155 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 1,250 banking offices and more than 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.

Forward-Looking Statements

This release may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, which reflect Regions’ current views with respect to future events and financial performance. The words “future,” “anticipates,” “assumes,” “intends,” “plans,” “seeks,” “believes,” “predicts,” “potential,” “objectives,” “estimates,” “expects,” “targets,” “projects,” “outlook,” “forecast,” “would,” “will,” “may,” “might,” “could,” “should,” “can,” and similar expressions often signify forward-looking statements. Forward-looking statements are not based on historical information, but rather are related to future operations, strategies, financial results, or other developments. Forward-looking statements are based on management’s expectations as well as certain assumptions and estimates made by, and information available to, management at the time the statements are made, and are subject to various known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from the views, beliefs, and projections expressed in such statements. Factors that may cause actual results to differ from those described in forward-looking statements include those risks and other factors identified in Regions’ Annual Report on Form 10-K for the year ended December 31, 2023, and in Regions’ subsequent filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which speak only as of the date made. Regions assumes no obligation and does not intend to update or revise any forward-looking statements that are made from time to time.

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