Regions Financial Q3 Net Income Rises 11% to $611 Million as Capital Markets Income Hits a Record $107 Million
Regions Financial Corporation (NYSE: RF), headquartered in Birmingham, Alabama, reported third-quarter 2026 results on October 16, 2026, for the quarter ended September 30, 2026. Net income available to common shareholders was $611 million, up 11 percent year over year, and diluted earnings per share were $0.71, up 16 percent from $0.61 a year earlier, when net income was $548 million. Adjusted net income was $622 million, or $0.73 per diluted share, reflecting the exclusion of $15 million in securities repositioning losses. Adjusted pretax pre-provision income was $870 million, and the adjusted return on average tangible common equity was 21.7 percent.
Total revenue rose 3.0 percent year over year to $1.973 billion. Net interest income increased 3.3 percent to $1.298 billion, and the net interest margin was 3.68 percent. Noninterest income rose 2.4 percent to $675 million, including record capital markets income of $107 million, up 27 percent sequentially. Service charges on deposit accounts rose 6.9 percent to $171 million, and commercial credit fee income jumped 25 percent to $35 million.
On credit quality, the provision for credit losses was $68 million in the quarter, down from $105 million a year earlier. Net charge-offs were $72 million, or an annualized 0.29 percent of average loans, down from 0.42 percent in the prior quarter and 0.55 percent a year earlier. Nonperforming loans fell to 0.59 percent of total loans, and the allowance for credit losses covered nonperforming loans at 275 percent.
Average loans increased 0.5 percent sequentially to $99.2 billion, with ending loans of $99.8 billion, while average deposits declined 1.2 percent to $129.1 billion. The company's estimated Common Equity Tier 1 ratio was 10.8 percent. During the quarter Regions repurchased approximately 3 million common shares for $95 million and declared $255 million in common dividends, and total available liquidity was approximately $64 billion at quarter-end.
John Turner, Chairman, President and CEO, said: "Strong credit quality, continued momentum in fee-based businesses, and economically vibrant markets throughout our footprint all contributed to our third quarter results. As we continue to modernize the franchise and expand our capabilities, Regions Bank is well positioned to meet the evolving needs of our customers and drive more sustainable growth over time." On the earnings call, management added that both capital markets and treasury management delivered record revenue in the quarter.
Regions Financial, a member of the S&P 500 Index with about $161 billion in assets, serves customers across the South, Midwest and Texas through its subsidiary Regions Bank, which operates more than 1,200 banking offices and more than 1,750 ATMs, providing consumer and commercial banking, wealth management and mortgage products and services.
Published by GSM · USA (original Chinese edition)
Photo: 阿拉巴马州伯明翰市中心Regions中心大楼（右侧带REGIONS标识）· Melinda Shelton 摄，CC BY 2.0（维基共享资源 File:Wachovia and Regions, downtown Birmingham.jpg）
