other material
confidence high
sentiment positive
materiality 0.65
Regions Financial presents 2024 ROATCE of 17.8%, lowest deposit costs among peers
REGIONS FINANCIAL CORP
- 2024 ROATCE (non-GAAP) 17.8%, peer-leading for 4 straight years; net income available to common $1.774B.
- Total deposit cost 1.56%, lowest among peers (peer median 2.30%); NIM consistently in top quartile.
- Plans to hire 50 commercial RMs, 10 treasury bankers, 300 reskilled branch bankers, 50 mortgage originators, 30 wealth associates.
- Priority markets (Tampa, Orlando, Miami, Houston, Dallas, Nashville, Atlanta, Huntsville) projected population CAGR 1.19% vs US 0.48%.
- Deposits in priority markets grew $12.5B since 2019; 6 of 8 markets gaining share.