Regions Financial (RF) Revenue & Revenue Breakdown

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Regions Financial Revenue Highlights

Latest Revenue (Y)

$6.90B

Latest Revenue (Q)

$2.35B

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
2024-09-30	$2.35B	3.34%
2024-06-30	$2.28B	-1.34%
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 $2.35B in revenue during Q3 2024, up 3.34% compared to the previous quarter, and up 120.18% 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	$5.46B
FITB	Fifth Third Bancorp	$12.64B	$3.38B
KEY	KeyCorp	$10.40B	$1.91B
MTB	M&T Bank	$10.22B	$3.39B
HBAN	Huntington Bancshares	$8.92B	$3.05B
RF	Regions Financial	$6.90B	$2.35B
CMA	Comerica	$5.29B	$982.00M
WAL	Western Alliance Ban	$4.33B	$1.29B
ZION	Zions Bancorporation, National Association	$2.71B	$1.28B
CFG	Citizens Financial Group	$24.12M	$3.06B

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 Q3 2024 was $2.35B, a 3.34% increase from the previous quarter (Q2 2024), and a 26.66% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.28B, a -1.34% decrease from the previous quarter (Q1 2024), and a 16.30% increase year-over-year (Q2 2023). RF'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).

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.