Regions Financial (RF) Barclays 23rd Annual Global Financial Services Conference summary

Strategic priorities and performance

• Focus on soundness, profitability, and growth through improved risk management, client selectivity, and disciplined expense management.

• Exited underperforming businesses and reallocated capital to higher-return portfolios.

• Achieved top-quartile returns on tangible common equity and earnings per share growth over the last decade.

• Commitment to diversified revenue streams and appropriate risk-adjusted returns.

• Strategic investments in talent, technology, and product expansion to drive organic growth.

Market positioning and growth initiatives

• Operates in markets with above-average population and economic growth, with a strong deposit base and home field advantage in the Southeast.

• Achieved top quartile organic loan and deposit growth over the last five years compared to peers.

• Strategic investments in priority markets have driven $12.5B deposit growth since 2019, outpacing market growth.

• Adding over 170 bankers in commercial, wealth, and mortgage over the next three years, and reallocating branch staff to target small business and affluent segments.

• Enhanced digital offerings and new digital banking platform, with core deposit system conversion planned for 2027.

Financial outlook and guidance

• Expects stable to modest loan growth in the near term, with better growth anticipated in 2026.

• Net interest margin expected to expand, reaching mid-3.60s% by year-end and potentially 3.70s% by end of 2026.

• Net interest income guidance of 3%-5% growth for the year remains unchanged.

• Actively managing interest rate risk with swaps, focusing on protection against lower rates through 2028 and beyond.

• Deposit growth remains strong, with a focus on consumer and small business accounts as key drivers.