Regions Financial (RF) Revenue & Revenue Breakdown
Regions Financial Revenue Highlights
Latest Revenue (Y)
$6.90B
Latest Revenue (Q)
$2.32B
Main Segment (Y)
Consumer Bank
Regions Financial Revenue by Period
Regions Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $6.90B | -3.74% |
| 2022-12-31 | $7.17B | 11.29% |
| 2021-12-31 | $6.44B | 2.60% |
| 2020-12-31 | $6.28B | 6.28% |
| 2019-12-31 | $5.90B | 1.43% |
| 2018-12-31 | $5.82B | 1.77% |
| 2017-12-31 | $5.72B | 1.17% |
| 2016-12-31 | $5.65B | 4.59% |
| 2015-12-31 | $5.41B | 6.00% |
| 2014-12-31 | $5.10B | -3.43% |
| 2013-12-31 | $5.28B | -2.20% |
| 2012-12-31 | $5.40B | -8.37% |
| 2011-12-31 | $5.89B | -15.34% |
| 2010-12-31 | $6.96B | -0.77% |
| 2009-12-31 | $7.01B | 1.43% |
| 2008-12-31 | $6.92B | -4.66% |
| 2007-12-31 | $7.25B | 33.95% |
| 2006-12-31 | $5.42B | 16.86% |
| 2005-12-31 | $4.63B | 23.00% |
| 2004-12-31 | $3.77B | 31.11% |
| 2003-12-31 | $2.87B | 4.24% |
| 2002-12-31 | $2.76B | 14.50% |
| 2001-12-31 | $2.41B | 20.97% |
| 2000-12-31 | $1.99B | 1.38% |
| 1999-12-31 | $1.96B | 9.09% |
| 1998-12-31 | $1.80B | 65.47% |
| 1997-12-31 | $1.09B | 18.05% |
| 1996-12-31 | $921.20M | 40.19% |
| 1995-12-31 | $657.10M | 13.49% |
| 1994-12-31 | $579.00M | 22.13% |
| 1993-12-31 | $474.10M | - |
Regions Financial generated $6.90B in revenue during NA 2023, up -3.74% compared to the previous quarter, and up 118.48% compared to the same period a year ago.
Regions Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.32B | 0.43% |
| 2024-03-31 | $2.31B | 103.62% |
| 2023-12-31 | $1.13B | -38.99% |
| 2023-09-30 | $1.86B | -5.11% |
| 2023-06-30 | $1.96B | 0.36% |
| 2023-03-31 | $1.95B | -0.05% |
| 2022-12-31 | $1.95B | 4.56% |
| 2022-09-30 | $1.87B | 6.75% |
| 2022-06-30 | $1.75B | 9.32% |
| 2022-03-31 | $1.60B | -2.14% |
| 2021-12-31 | $1.63B | 1.24% |
| 2021-09-30 | $1.61B | 2.02% |
| 2021-06-30 | $1.58B | -1.62% |
| 2021-03-31 | $1.61B | -4.63% |
| 2020-12-31 | $1.69B | 2.62% |
| 2020-09-30 | $1.64B | 6.34% |
| 2020-06-30 | $1.54B | 7.44% |
| 2020-03-31 | $1.44B | -3.49% |
| 2019-12-31 | $1.49B | -0.53% |
| 2019-09-30 | $1.50B | 3.38% |
| 2019-06-30 | $1.45B | -0.96% |
| 2019-03-31 | $1.46B | -0.20% |
| 2018-12-31 | $1.47B | -0.61% |
| 2018-09-30 | $1.48B | 1.44% |
| 2018-06-30 | $1.45B | 1.54% |
| 2018-03-31 | $1.43B | -2.78% |
| 2017-12-31 | $1.47B | 2.94% |
| 2017-09-30 | $1.43B | 0.42% |
| 2017-06-30 | $1.43B | 2.44% |
| 2017-03-31 | $1.39B | -0.64% |
| 2016-12-31 | $1.40B | -4.04% |
| 2016-09-30 | $1.46B | 4.21% |
| 2016-06-30 | $1.40B | 0.36% |
| 2016-03-31 | $1.40B | 1.23% |
| 2015-12-31 | $1.38B | 7.07% |
| 2015-09-30 | $1.29B | -7.74% |
| 2015-06-30 | $1.40B | 10.45% |
| 2015-03-31 | $1.26B | -0.39% |
| 2014-12-31 | $1.27B | -2.39% |
| 2014-09-30 | $1.30B | 1.56% |
| 2014-06-30 | $1.28B | 1.99% |
| 2014-03-31 | $1.25B | -7.66% |
| 2013-12-31 | $1.36B | 2.96% |
| 2013-09-30 | $1.32B | 1.07% |
| 2013-06-30 | $1.30B | 0.46% |
| 2013-03-31 | $1.30B | -4.06% |
| 2012-12-31 | $1.35B | 0.30% |
| 2012-09-30 | $1.35B | 0.37% |
| 2012-06-30 | $1.34B | -0.44% |
| 2012-03-31 | $1.35B | -8.90% |
| 2011-12-31 | $1.48B | -7.49% |
| 2011-09-30 | $1.60B | -2.55% |
| 2011-06-30 | $1.65B | -3.58% |
| 2011-03-31 | $1.71B | -18.37% |
| 2010-12-31 | $2.09B | 29.17% |
| 2010-09-30 | $1.62B | 0.37% |
| 2010-06-30 | $1.61B | -1.89% |
| 2010-03-31 | $1.64B | 4.78% |
| 2009-12-31 | $1.57B | -3.03% |
| 2009-09-30 | $1.62B | -20.34% |
| 2009-06-30 | $2.03B | 8.27% |
| 2009-03-31 | $1.88B | 15.32% |
| 2008-12-31 | $1.63B | -0.91% |
| 2008-09-30 | $1.64B | -4.76% |
| 2008-06-30 | $1.72B | -10.53% |
| 2008-03-31 | $1.93B | 8.36% |
| 2007-12-31 | $1.78B | - |
Regions Financial generated $2.32B in revenue during Q2 2024, up 0.43% compared to the previous quarter, and up 118.82% compared to the same period a year ago.
Regions Financial Revenue Breakdown
Regions Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Consumer Bank | $3.13B | $1.04B | - | - | - |
| Other Segment Revenue | $2.00M | $-2.00M | - | - | - |
| Other Revenue - Not Impacted | $534.00M | $447.00M | - | - | - |
| Continuing Operations | $2.26B | $2.12B | - | - | - |
| Wealth Management | $457.00M | $331.00M | - | - | - |
| Corporate Bank | $2.00B | $295.00M | - | - | - |
| Other miscellaneous income | - | $3.00M | $4.00M | $3.00M | - |
| Mortgage Banking | - | $156.00M | $242.00M | $333.00M | - |
| Market value adjustments on employee benefit assets - other | - | $-45.00M | $20.00M | $12.00M | - |
| Investment Advice | - | $122.00M | $104.00M | $84.00M | - |
| Letter of Credit | - | $96.00M | $91.00M | $77.00M | - |
| Deposit Account | - | $3.00M | $3.00M | $3.00M | - |
| Capital Markets | - | $231.00M | $182.00M | $149.00M | - |
| Bank-owned life insurance | - | $62.00M | $82.00M | $95.00M | - |
| Credit and Debit Card | - | - | - | $-1.00M | - |
| Securities gains (losses), net | - | $-1.00M | $3.00M | $4.00M | - |
| Valuation Gain on Equity Investment | - | - | $3.00M | $50.00M | - |
| Asset Management | - | - | $278.00M | $253.00M | - |
| Discontinued Operations | - | - | - | - | - |
Regions Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Consumer Bank (37.36%), Continuing Operations (26.91%), Corporate Bank (23.89%), Other Revenue - Not Impacted (6.37%), Wealth Management (5.45%), and Other Segment Revenue (0.02%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Segments | - | - | - | - | - | - | - | - | - | - | $-107.00M | $-71.00M | $-8.00M | - | - | - | - | - | - | - |
| Wealth Management | $40.00M | $313.00M | $43.00M | $47.00M | $54.00M | $51.00M | $41.00M | $35.00M | $35.00M | $33.00M | $35.00M | $38.00M | $36.00M | $38.00M | $88.00M | $85.00M | $81.00M | $78.00M | $78.00M | $80.00M |
| Consumer Bank | $692.00M | $715.00M | $760.00M | $819.00M | $838.00M | $702.00M | $600.00M | $546.00M | $486.00M | $488.00M | $497.00M | $581.00M | $555.00M | $544.00M | $265.00M | $267.00M | $261.00M | $252.00M | $260.00M | $255.00M |
| Corporate Bank | $452.00M | $475.00M | $488.00M | $515.00M | $525.00M | $509.00M | $467.00M | $434.00M | $444.00M | $442.00M | $435.00M | $476.00M | $452.00M | $354.00M | $71.00M | $70.00M | $74.00M | $79.00M | $66.00M | $68.00M |
| Continuing Operations | - | $839.00M | $1.42B | $562.00M | $558.00M | $494.00M | $502.00M | $481.00M | $519.00M | - | - | - | - | - | - | - | - | - | - | - |
| Total Company | - | - | - | - | - | $1.26B | $1.11B | $1.01B | $965.00M | $963.00M | $967.00M | $988.00M | $972.00M | $928.00M | - | - | - | - | - | - |
| Other Revenue - Not Impacted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $138.00M | $136.00M | $77.00M | $97.00M | $77.00M | $117.00M |
| Other Segment Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00M | $-4.00M | - | $-1.00M |
| Discontinued Operations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $280.00M |
Regions Financial's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Consumer Bank (58.45%), Corporate Bank (38.18%), and Wealth Management (3.38%).
Regions Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PNC | PNC Financial Services Group | $21.51B | $8.04B |
| FITB | Fifth Third Bancorp | $12.64B | $3.31B |
| KEY | KeyCorp | $10.40B | $2.71B |
| MTB | M&T Bank | $10.22B | $3.37B |
| HBAN | Huntington Bancshares | $8.92B | $2.98B |
| RF | Regions Financial | $6.90B | $2.32B |
| NYCB | New York Community Bancorp | $5.49B | $1.66B |
| CMA | Comerica | $5.29B | $1.25B |
| WAL | Western Alliance Ban | $4.33B | $1.24B |
| ZION | Zions Bancorporation, National Association | $2.71B | $1.25B |
| CFG | Citizens Financial Group | $24.12M | $3.11B |
RF Revenue FAQ
What is Regions Financial’s yearly revenue?
Regions Financial's yearly revenue for 2023 was $6.9B, representing a decrease of -3.74% compared to 2022. The company's yearly revenue for 2022 was $7.16B, representing an increase of 11.29% compared to 2021. RF's yearly revenue for 2021 was $6.44B, representing an increase of 2.60% compared to 2020.
What is Regions Financial’s quarterly revenue?
Regions Financial's quarterly revenue for Q2 2024 was $2.32B, a 0.43% increase from the previous quarter (Q1 2024), and a 18.40% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.31B, a 103.62% increase from the previous quarter (Q4 2023), and a 18.31% increase year-over-year (Q1 2023). RF's quarterly revenue for Q4 2023 was $1.13B, a -38.99% decrease from the previous quarter (Q3 2023), and a -41.93% decrease year-over-year (Q4 2022).
What is Regions Financial’s revenue growth rate?
Regions Financial's revenue growth rate for the last 3 years (2021-2023) was 7.13%, and for the last 5 years (2019-2023) was 16.82%.
What are Regions Financial’s revenue streams?
Regions Financial's revenue streams in c 23 are Consumer Bank, Other Segment Revenue, Other Revenue - Not Impacted, Continuing Operations, Wealth Management, and Corporate Bank. Consumer Bank generated $3.13B in revenue, accounting 37.36% of the company's total revenue, up 199.71% year-over-year. Other Segment Revenue generated $2M in revenue, accounting 0.02% of the company's total revenue, down -200.00% year-over-year. Other Revenue - Not Impacted generated $534M in revenue, accounting 6.37% of the company's total revenue, up 19.46% year-over-year. Continuing Operations generated $2.26B in revenue, accounting 26.91% of the company's total revenue, up 6.62% year-over-year. Wealth Management generated $457M in revenue, accounting 5.45% of the company's total revenue, up 38.07% year-over-year. Corporate Bank generated $2B in revenue, accounting 23.89% of the company's total revenue, up 578.98% year-over-year.
What is Regions Financial’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Regions Financial was Consumer Bank. This segment made a revenue of $3.13B, representing 37.36% of the company's total revenue.