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1900 5th Ave. North Birmingham, AL 35203 AL Tel. 205-944-1300 Toll Free 800-734-4667 |
Type: Public
On the web:
http://www.regions.com
Employees:
27,829
Employee growth: (7.2%)
Regions Financial ain't just whistling Dixie anymore. The holding company for Regions Bank, which sprouted in the South, has grown by acquiring other financial services firms over the years. Regions has some 1,775 branches in 16 states, roughly stretching from the Southeast and Texas northward through the Mississippi River Valley in the US heartland. It offers standard consumer and business services like deposit accounts, loans and mortgages, credit cards, trust services, and private banking. Regions Financial is selling the investment banking and brokerage business of Morgan Keegan, which has more than 300 offices on its parent's turf, plus New York and Massachusetts, to Raymond James for some $930 million.
Key numbers for fiscal year ending December, 2011:
Sales: $6,395.0M
One year growth: (22.2%)
Net income: ($215.0)M
Officers:
Chairman: Earnest W. (Earnie) Deavenport Jr.
President, CEO, and Director: O. B. Grayson Hall Jr.
SEVP and CFO: David J. Turner Jr.
Competitors:
Bank of America
BB&T
SunTrust
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