Regions Bank 2015 Annual Report Download

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Perspective Regions
Consistent Strategy. Refreshed for Today.
2015 Annual Review

Table of contents

  • Page 1
    2015 Annual Review Perspective Regions Consistent Strategy. Refreshed for Today.

  • Page 2
    Chairman's Letter Grayson Hall Chairman, President and Chief Executive Officer To our shareholders, associates, customers and communities: Reflecting on Regions' accomplishments in 2015, we have never been more confident that we have the right strategy, the right bankers serving the right markets, ...

  • Page 3
    ...that, fundamentally, banking remains a people business. When it comes time for customers to make their most important financial decisions - like buying a home, planning for retirement, launching a new business or funding a child's college education - they want to work with a trusted financial expert...

  • Page 4
    ... The fundamentals of our business were positive across the board: We grew loans, checking accounts, deposits, customers, households and credit cards. Growth in these categories enabled us to reach our goal of increasing total revenue. For the year, net income available to common shareholders totaled...

  • Page 5
    ...and commitment, and to our Board of Directors, our customers and shareholders for their continued support. Sincerely, Grayson Hall Chairman, President and Chief Executive Officer (1) See table 2 in Form 10-K for GAAP to non-GAAP reconciliations. 5 Perspective Regions Regions 2015 Annual Review

  • Page 6
    Perspective Regions Consistent Strategy. Refreshed for Today. 6 Perspective Regions Regions 2015 Annual Review

  • Page 7
    ...Corley, Regions Customer, Centerville, IL Right Place, Right Time "Our approach to earning new business is it's a marathon, not a sprint. It takes a lot of tenacity ...and thinking outside the normal bounds of what a bank offers." David Smith, Commercial Banking Executive, Atlanta, GA Make Culture...

  • Page 8
    ... Relationships Ciara Corley, Regions Customer Centerville, IL Bringing Regions360SM to Life. When you put customer needs at the center of a financial services relationship, good things happen - both for customers and those that serve them. 8 Perspective Regions Regions 2015 Annual Review

  • Page 9
    ... those needs to Regions capabilities - which for consumers can encompass loans, savings and checking accounts, credit and debit cards, IRAs, Wealth Management solutions, insurance services and more. This needs-based approach is resonating with both consumer and commercial customers. Last year we...

  • Page 10
    ...is that I can open up my educational center. I want to reach out and better my community. And I can do that with education." Regions reaches its 4.4 million customer households in many ways - through more than 1,600 branches in 16 states, nearly 2,000 ATMs, 1.4 million mobile app users and more than...

  • Page 11
    Right Place, Right Time David Smith, Executive Vice President and Commercial Banking Executive Atlanta, GA Regions' franchise spans the South, Midwest and Texas, which serves as an impressive geographic platform for our growth strategies. 11 Perspective Regions Regions 2015 Annual Review

  • Page 12
    ... and commercial banking executive David Smith leverages more than 25 years of banking experience on behalf of middle-market clients in, and near, America's ninth-largest metropolitan area. He sees a host of compelling qualities in Atlanta, which Regions has identified as a priority market. Economic...

  • Page 13
    ...with our customers and their financial needs. The percentage of mobile banking users who use Regions Remote Deposit continues to grow at double-digit levels, and for nearly four in 10 transactions, customers choose expedited funds availability. Juan Cazorla, Corporate Banker, Charlotte, NC We bring...

  • Page 14
    Make Culture Matter Angela Mintun & Gary White, Loan Operations Building the best team - by recruiting, retaining and developing the most capable professionals in the financial services industry - is a core strategic priority at Regions. 14 Perspective Regions Regions 2015 Annual Review

  • Page 15
    ... DeGreen, senior vice president and loan operations manager. Amanda and her five department managers lead a team of nearly 300 associates responsible for closing, processing and servicing of loans - consumer, business banking and commercial - as well as credit card operations and relationship awards...

  • Page 16
    ...grow in responsibility. Today Edward is branch manager of the Bessemer, Alabama, branch, leading a team of 15 associates. Edward credits his managers and a climate of mutual trust for his career progression. "I thought being a bank teller was adequate for me - it was, after all, my dream job. But my...

  • Page 17
    ... and engaged Board of Directors, and a commitment to assuring that the long-term interests of the shareholders are being served - these are the hallmarks of a public company that operates responsibly and creates sustainable franchise value. 17 Perspective Regions Regions 2015 Annual Review

  • Page 18
    ..., who is the retired Chairman and CEO of Alabama Power, "Our compensation objectives and policies support our business goals and strategic plans, including a commitment to a strong risk management culture. The Board also acts as a challenge function for senior management. It is our job to ask the...

  • Page 19
    ... grow and prosper, the financial institution closely connected to those communities will grow as well. At Regions, we know that our success is linked with the success of the cities, suburban areas and small towns we reach across our 16 states. 19 Perspective Regions Regions 2015 Annual Review

  • Page 20
    ... economic development and create good paying jobs. Trust is the essential prerequisite for our growth agenda, and the work we do to strengthen communities builds upon our reputation for leadership and service. We know that this connection exists because leaders like Mike Warren, Chief Executive...

  • Page 21
    ... of Regions Bank serves on Children's Board of Trustees, and was preceded in that role by Regions Chairman and CEO Grayson Hall. The bank's philanthropic support for the medical center's mission goes back decades. Children's is the primary philanthropic beneficiary of the Regions Tradition golf...

  • Page 22
    ...Full-service provider of Consumer & Commercial Banking, Wealth Management and Insurance Services Returned $98 Billion $0.76(2) $927 Million Total Deposits Diluted EPS In Capital to shareholders in FY 2015 Operating in 23,916 Employees 16 States 1,627 Locations Awards won for customer service...

  • Page 23
    ... our business such as credit risk and operational risk, including third-party vendors and other service providers, which could, among other things, result in a breach of operating or security systems as a result of a cyber attack or similar act. 23 Perspective Regions Regions 2015 Annual Review

  • Page 24
    .../or reduce demand for loans in those industries. • Our inability to keep pace with technological changes could result in losing business to competitors. • Our ability to identify and address cyber-security risks such as data security breaches, "denial of service" attacks, "hacking" and identity...

  • Page 25
    Financial Highlights (In millions, except per share data, branch and ATMs) 2015 2014 2013 EARNINGS SUMMARY Income (loss) from continuing operations available to common shareholders Net income (loss) available to common shareholders Earnings (loss) per common share from continuing operations - ...

  • Page 26
    ..., Sr. Vice Chairman Cooper/T. Smith Corporation Don DeFosset Former Chairman, President and Chief Executive Officer Walter Industries, Inc. Eric C. Fast Former Chief Executive Officer Crane Co. O. B. Grayson Hall, Jr. Chairman, President and Chief Executive Officer Regions Financial Corporation John...

  • Page 27
    Shareholder Information REGIONS FINANCIAL CORPORATION 1900 Fifth Avenue North Birmingham, AL 35203 Phone: 1-800-734-4667 STOCK LISTING Regions common stock is traded on the NYSE under the symbol RF. CORPORATE WEBSITE For more information, please visit www.regions.com ANNUAL MEETING The 2016 Annual ...