BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Wednesday announced it has received the 2024 President's “E” Award for Export Service in recognition of the bank's work to provide financing solutions for Corporate Banking clients that collectively increase the nation's exports. Regions received the award at a ceremony Tuesday afternoon at the U.S. Department of Commerce in Washington, D.C. “O...
Barron's seventh-annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly-traded companies by market-value, then ranked each by performance for five-key-constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Techn...
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Tuesday announced its Real Estate Capital Markets division, a diversified multifamily and commercial real estate lender, has now begun servicing the loans it has originated. “Already, clients recognize Regions Real Estate Capital Markets as a source of customized financial guidance and solutions tailored to meet the needs of the businesses we s...
RENNES, France--(BUSINESS WIRE)--Unseenlabs, a pioneer and global leader in radio frequency (RF) intelligence from space, is set to redefine global surveillance standards once again with the scheduled launch of a new satellite constellation in 2026. Founded in 2015 by a group of visionary entrepreneurs and headquartered in Europe (France), Unseenlabs has consistently led the way in technologica...
VILLA RICA, Ga.--(BUSINESS WIRE)--There's community involvement. And then there's truly raising the bar. Regions Bank honors Kascia Polk from metro Atlanta for amazing volunteerism.
Regions Financial is a regional bank with over $150B in assets, focused on commercial & Industrial loans. The bank saw a decrease in net interest income in Q1, but made up for it with decreased non-interest expenses. The bank's exposure to commercial real estate is relatively low, and it has a strong balance sheet with ample cash reserves.
Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19). The southeastern regional's results were driven by higher expenses despite the headcount reduction, FDIC assessments and an adjustment to its securities accounting.
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