This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Regions Financial Corp. Announces CCAR Results And Capital Plan Actions

As part of the Comprehensive Capital Analysis and Review (CCAR), on January 7, 2013, Regions Financial Corporation (NYSE: RF) submitted to the Federal Reserve a capital plan approved by its board of directors covering the period from April 1, 2013 to March 31, 2014.

The Federal Reserve indicated to Regions on March 14, 2013 that it does not object to the company’s capital plan and proposed capital actions that include increasing the company’s quarterly common dividend to $0.03 per share, as well as the repurchase over this period of common shares in an amount up to $350 million. In addition, Regions’ capital plan includes the proposed redemption/repurchase of certain capital securities including but not limited to up to approximately $500 million of trust preferred securities. These actions are subject to approval by the Regions Board of Directors.

“The outcome of the capital plan review demonstrates the strength of our company and our transition to a growth posture,” said Grayson Hall, Regions’ president and chief executive officer. “We are pleased to be in a position to begin returning capital to our shareholders consistent with our intent to ultimately provide them with a greater return on their investment in Regions.”

Regions has also disclosed the results of its company-administered stress test on the Investor Relations section of The disclosure is required by 12 CFR 252.148, which implements the requirements of Section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

About Regions Financial Corporation

Regions Financial Corporation, with $121 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,700 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,769.55 +297.18 1.80%
S&P 500 1,985.85 +34.49 1.77%
NASDAQ 4,776.2540 +68.4790 1.45%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs