---
schema_version: "secwatch.filing_event.v1"
accession: "0001281761-24-000022"
form_type: "8-K"
ticker: "RF"
cik: "0001281761"
company_name: "REGIONS FINANCIAL CORP"
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T15:18:24.248395+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Regions Q1 EPS $0.37; NII falls 3.8% QoQ, NIM 3.55%; guides FY NII $4.7-4.8B

## Summary
- Net income available to common $343M, diluted EPS $0.37, down ~40% YoY.
- Net interest income $1.184B (-3.8% QoQ); NIM 3.55% (-5 bps QoQ).
- FY2024 guidance: NII $4.7-$4.8B; adjusted non-interest income $2.3-2.4B; expense ~$4.1B.
- Recognized $50M pre-tax loss on sale of $1.3B securities; reinvested at higher yields.
- Net charge-offs 0.50% annualized; FY2024 NCO guidance 40-50 bps.

## SEC filing metadata
- accession: 0001281761-24-000022
- form_type: 8-K
- ticker: RF
- cik: 0001281761
- company_name: REGIONS FINANCIAL CORP
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1281761/000128176124000022/0001281761-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1281761/000128176124000022/rf-20240419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001281761-24-000022
- JSON: https://secwatch.observer/filing/0001281761-24-000022.json
- Plain text: https://secwatch.observer/filing/0001281761-24-000022.txt

## Key facts
- Earnings Releases
  REGIONS FINANCIAL CORP reported first quarter 2024 results: revenue $1.7B, net income $343M, EPS $0.37. Guidance initiated.
  - Period: first quarter 2024
  - Revenue: $1.7B
  - Net income: $343M
  - EPS: $0.37
  - Guidance: initiated
  - Result: reported results
  source text: 1Q24 Reported Adjusted(1) Net Income Available to Common Shareholders $343M Diluted Earnings Per Share $0.37 Total Revenue $1.7B $1.8B Non-Interest Expense $1.1B $1.1B Pre-Tax Pre-Provision Income(1) $616M $700M Efficiency Ratio 64.3% 60.6% Net-Charge Offs / Avg Loans 0.50% 0.50%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1281761/000128176124000022/0001281761-24-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.