Revenue performance shows signs of stabilization as net interest income growth rebounded to 4.5% in 2026Q1, though the efficiency ratio remains sensitive, recently settling at 45.9%.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Net Interest Income | 5.04B | 4.99B | 4.82B | 5.32B | 4.79B | 3.91B | 3.89B | 3.75B | 3.73B | 3.61B | 3.5B | 3.33B | 3.28B | 3.26B | 3.3B | 3.41B | 3.39B | 3.29B | 3.84B | 4.4B | 3.31B | 2.78B | 2.11B | 1.47B | 1.5B | 1.43B | 1.39B | 1.43B | 1.32B | 1.18B | 1.01B |
| NII Growth % | 18.03% | 3.59% | -9.44% | 11.16% | 22.28% | 0.51% | 3.98% | 0.27% | 3.35% | 3.23% | 4.98% | 1.68% | 0.52% | -1.12% | -3.23% | 0.62% | 2.92% | -14.31% | -12.62% | 32.94% | 18.94% | 31.63% | 43.3% | -1.54% | 5.06% | 2.64% | -2.6% | 7.63% | 12.35% | 16.54% | 62.07% |
| Net Interest Margin % | 3.14% | 3.13% | 3.06% | 3.5% | 3.08% | 2.4% | 2.64% | 2.97% | 2.97% | 2.91% | 2.78% | 2.65% | 2.74% | 2.78% | 2.72% | 2.68% | 2.56% | 2.31% | 2.63% | 3.12% | 2.31% | 3.28% | 2.51% | 3.03% | 3.12% | 3.14% | 3.18% | 3.34% | 3.6% | 3.75% | 5.34% |
| Interest Income | 7.05B | 7.07B | 7.11B | 6.9B | 5.1B | 4.08B | 4.26B | 4.6B | 4.34B | 3.99B | 3.81B | 3.6B | 3.59B | 3.65B | 3.9B | 4.25B | 4.64B | 5.28B | 6.56B | 8.07B | 5.65B | 4.27B | 2.96B | 2.22B | 2.54B | 3.06B | 3.23B | 2.85B | 2.6B | 2.28B | 1.95B |
| Interest Expense | 2B | 2.08B | 2.29B | 1.58B | 316M | 167M | 368M | 851M | 602M | 373M | 313M | 268M | 309M | 384M | 603M | 842M | 1.25B | 1.98B | 2.72B | 3.68B | 2.34B | 1.49B | 842.65M | 744.53M | 1.04B | 1.63B | 1.85B | 1.43B | 1.27B | 1.1B | 942.5M |
| Loan Loss Provision | 322M | 355M | 487M | 553M | 271M | -524M | 1.33B | 381M | 227M | 134M | 279M | 228M | 56M | 133M | 218M | 1.53B | 2.86B | 3.54B | 2.06B | 555M | 142.37M | 166.75M | 128.5M | 121.5M | 127.5M | 165.4M | 127.1M | 113.7M | 60.5M | 89.7M | 46M |
| Non-Interest Income | 2.57B | 2.54B | 2.27B | 2.26B | 2.38B | 2.52B | 2.38B | 2.1B | 2.02B | 1.95B | 2.01B | 2.07B | 1.94B | 2.1B | 1.96B | 1.93B | 2.24B | 2.69B | 3.05B | 2.85B | 2.03B | 1.69B | 1.66B | 1.4B | 1.26B | 1B | 597.22M | 537.1M | 474.7M | 407M | 345.1M |
| Non-Interest Income % | 26.72% | 26.38% | 24.17% | 24.65% | 31.8% | 38.19% | 35.84% | 31.36% | 31.82% | 32.8% | 34.49% | 36.5% | 35.06% | 36.5% | 33.4% | 31.16% | 32.54% | 33.76% | 31.73% | 26.08% | 26.43% | 28.31% | 36% | 38.66% | 33.16% | 24.75% | 15.59% | 15.84% | 15.45% | 15.17% | 15.01% |
| Total Revenue | 9.62B | 9.61B | 9.37B | 9.15B | 7.48B | 6.6B | 6.64B | 6.7B | 6.36B | 5.93B | 5.82B | 5.67B | 5.53B | 5.74B | 5.86B | 6.18B | 6.87B | 7.97B | 9.61B | 10.92B | 7.68B | 5.96B | 4.62B | 3.62B | 3.8B | 4.06B | 3.83B | 3.39B | 3.07B | 2.68B | 2.3B |
| Revenue Growth % | 9.36% | 2.51% | 2.4% | 22.35% | 13.3% | -0.6% | -0.79% | 5.27% | 7.21% | 1.91% | 2.61% | 2.66% | -3.76% | -2% | -5.13% | -10.14% | -13.72% | -17.12% | -11.99% | 42.25% | 28.88% | 29.01% | 27.65% | -4.69% | -6.52% | 5.98% | 12.96% | 10.39% | 14.49% | 16.71% | 58.91% |
| Non-Interest Expense | 4.46B | 4.43B | 4.24B | 4.42B | 4.02B | 3.75B | 3.63B | 3.48B | 3.58B | 3.57B | 3.57B | 3.65B | 3.48B | 3.56B | 3.38B | 3.64B | 3.61B | 3.71B | 10.77B | 4.65B | 3.2B | 2.94B | 2.47B | 1.84B | 1.76B | 1.55B | 1.12B | 1.06B | 1.1B | 901.8M | 837M |
| Efficiency Ratio | 46.33% | 46.09% | 45.26% | 48.25% | 53.71% | 56.72% | 54.66% | 51.96% | 56.23% | 60.1% | 61.25% | 64.29% | 62.96% | 62.01% | 57.65% | 58.99% | 52.47% | 46.57% | 112.03% | 42.6% | 41.73% | 49.39% | 53.51% | 50.87% | 46.36% | 38.1% | 29.16% | 31.38% | 35.92% | 33.6% | 36.4% |
| Operating Income | 2.84B | 2.74B | 2.35B | 2.61B | 2.88B | 3.21B | 1.31B | 1.99B | 1.96B | 1.86B | 1.66B | 1.53B | 1.68B | 1.67B | 1.66B | 161M | -844M | -1.27B | -5.93B | 2.04B | 1.99B | 1.36B | 1.18B | 911.57M | 869.24M | 717.95M | 741.73M | 785M | 635.3M | 594.7M | 473.9M |
| Operating Margin % | 29.48% | 28.55% | 25.11% | 28.48% | 38.44% | 48.69% | 19.78% | 29.64% | 30.73% | 31.35% | 28.58% | 26.97% | 30.43% | 28.99% | 28.34% | 2.61% | -12.28% | -15.92% | -61.72% | 18.67% | 25.94% | 22.8% | 25.46% | 25.2% | 22.9% | 17.68% | 19.36% | 23.14% | 20.68% | 22.16% | 20.61% |
| Operating Income Growth % | - | 16.53% | -9.7% | -9.35% | -10.54% | 144.67% | -33.8% | 1.53% | 5.11% | 11.78% | 8.76% | -9.04% | 1.02% | 0.24% | 931.68% | 119.08% | 33.44% | 78.63% | -390.98% | 2.38% | 46.6% | 15.57% | 28.96% | 4.87% | 21.07% | -3.21% | -5.51% | 23.56% | 6.83% | 25.49% | 61.25% |
| Pretax Income | 2.84B | 2.74B | 2.35B | 2.61B | 2.88B | 3.21B | 1.31B | 1.99B | 1.96B | 1.86B | 1.66B | 1.53B | 1.68B | 1.67B | 1.66B | 161M | -844M | -1.27B | -5.93B | 2.04B | 1.99B | 1.36B | 1.18B | 911.57M | 869.24M | 717.95M | 741.73M | 785M | 635.3M | 594.7M | 473.9M |
| Pretax Margin % | 29.48% | 28.55% | 25.11% | 28.48% | 38.44% | 48.69% | 19.78% | 29.64% | 30.73% | 31.35% | 28.58% | 26.97% | 30.43% | 28.99% | 28.34% | 2.61% | -12.28% | -15.92% | -61.72% | 18.67% | 25.94% | 22.8% | 25.46% | 25.2% | 22.9% | 17.68% | 19.36% | 23.14% | 20.68% | 22.16% | 20.61% |
| Income Tax | 611M | 587M | 461M | 533M | 631M | 694M | 220M | 403M | 387M | 619M | 510M | 455M | 548M | 561M | 482M | -28M | -376M | -194M | -348M | 646M | 619.1M | 395.86M | 351.82M | 259.73M | 249.34M | 209.02M | 214.2M | 259.6M | 213.6M | 197.2M | 156M |
| Effective Tax Rate % | 21.54% | 21.4% | 19.58% | 20.44% | 21.94% | 21.59% | 16.74% | 20.3% | 19.8% | 33.28% | 30.65% | 29.74% | 32.58% | 33.69% | 29.02% | -17.39% | 44.55% | 15.3% | 5.87% | 31.68% | 31.09% | 29.14% | 29.93% | 28.49% | 28.68% | 29.11% | 28.88% | 33.07% | 33.62% | 33.16% | 32.92% |
| Net Income | 2.23B | 2.16B | 1.89B | 2.07B | 2.25B | 2.52B | 1.09B | 1.58B | 1.76B | 1.26B | 1.16B | 1.06B | 1.15B | 1.09B | 1.12B | -215M | -539M | -1.03B | -5.6B | 1.25B | 1.35B | 1B | 823.76M | 651.84M | 619.9M | 508.93M | 527.52M | 525.4M | 421.7M | 397.5M | 317.9M |
| Net Margin % | 23.13% | 22.44% | 20.2% | 22.66% | 30.01% | 38.18% | 16.47% | 23.63% | 27.65% | 21.29% | 19.98% | 18.72% | 20.75% | 19% | 19.11% | -3.48% | -7.84% | -12.94% | -58.21% | 11.45% | 17.62% | 16.79% | 17.84% | 18.02% | 16.33% | 12.53% | 13.77% | 15.49% | 13.72% | 14.81% | 13.83% |
| Net Income Growth % | 10.42% | 13.89% | -8.73% | -7.62% | -10.95% | 130.44% | -30.85% | -10.06% | 39.27% | 8.6% | 9.51% | -7.41% | 5.13% | -2.59% | 620.93% | 60.11% | 47.72% | 81.58% | -547.32% | -7.55% | 35.24% | 21.46% | 26.38% | 5.15% | 21.8% | -3.52% | 0.4% | 24.59% | 6.09% | 25.04% | 60.72% |
| Net Income (Continuing) | 2.23B | 2.16B | 1.89B | 2.07B | 2.25B | 2.52B | 1.09B | 1.58B | 1.57B | 1.24B | 1.15B | 1.07B | 1.13B | 1.1B | 1.18B | 189M | -468M | -1.07B | -5.58B | 1.39B | 1.37B | 962.71M | 823.76M | 651.84M | 619.9M | 508.93M | 527.52M | 525.4M | 421.7M | 397.5M | 317.9M |
| EPS (Diluted) | 2.56 | 2.29 | 1.93 | 2.11 | 2.28 | 2.49 | 1.03 | 1.50 | 1.54 | 1.00 | 0.87 | 0.75 | 0.80 | 0.77 | 0.71 | 1.50 | -0.62 | -1.27 | -8.09 | 1.76 | 2.67 | 2.15 | 2.19 | 2.90 | 2.72 | 1.82 | 1.92 | 1.90 | 1.88 | 1.86 | 1.61 |
| EPS Growth % | 15.38% | 18.65% | -8.53% | -7.46% | -8.43% | 141.75% | -31.33% | -2.6% | 54% | 14.94% | 16% | -6.25% | 3.9% | 8.45% | -52.67% | 341.94% | 51.18% | 84.3% | -559.66% | -34.08% | 24.19% | -1.83% | -24.48% | 6.62% | 49.45% | -5.21% | 1.05% | 1.06% | 1.08% | 15.53% | 1.9% |
| EPS (Basic) | - | 2.31 | 1.94 | 2.11 | 2.30 | 2.51 | 1.03 | 1.51 | 1.55 | 1.01 | 0.87 | 0.75 | 0.80 | 0.78 | 0.72 | 1.51 | -0.62 | -1.27 | -8.09 | 1.77 | 2.70 | 2.17 | 2.22 | 2.93 | 2.76 | 1.83 | 1.94 | 1.92 | 1.92 | 1.89 | 1.64 |
| Diluted Shares Outstanding | 868M | 880M | 918M | 938M | 942M | 963M | 962M | 999M | 1.1B | 1.2B | 1.26B | 1.33B | 1.39B | 1.41B | 1.39B | 999M | 1.23B | 989M | 695M | 712.74M | 506.99M | 466.18M | 373.73M | 225.12M | 227.64M | 280.33M | 274.07M | 276.51M | 224.31M | 139.4M | 126.91M |
Interest rate hedge sensitivity
According to recent financial disclosures, Regions Financial has seen net interest income growth recover to 4.5% in 2026Q1, marking a notable improvement from the double-digit contractions observed throughout 2024, suggesting that the bank's core interest-earning assets are finally beginning to stabilize against the prevailing rate environment.
The return to positive NII growth indicates that the bank's deposit beta management is likely offsetting the pressure from higher funding costs. Investors should monitor whether this trajectory is sustainable or if it remains heavily dependent on the bank's specific interest rate hedging program.
As reported in quarterly filings, the efficiency ratio has demonstrated significant variability, peaking at 50.8% in 2023Q4 before improving to 45.9% in 2026Q1, which highlights the bank's ongoing struggle to balance necessary digital transformation investments against the need for disciplined non-interest expense management.
The volatility in the efficiency ratio suggests that operating leverage remains sensitive to personnel and technology costs. Maintaining a ratio below 45% appears critical for the bank to demonstrate meaningful operating leverage in the current competitive landscape.
Based on the provided income statement data, the provision for credit losses reached a low of zero in 2025Q4 before rising to $91 million in 2026Q1, indicating that the bank's credit outlook remains subject to subjective adjustments regarding regional economic conditions in the Southeastern United States.
The absence of provision expense in late 2025 may have artificially inflated net income, warranting caution regarding the bank's underlying credit quality. The subsequent increase in 2026Q1 suggests that management is proactively addressing potential deterioration in the commercial real estate and consumer portfolios.
Financial statements indicate that non-interest fee income has remained a consistent contributor to total revenue, hovering between 23.6% and 26.9% over the last ten quarters, which suggests that the bank's wealth management and transaction-based services provide a necessary, albeit modest, buffer against interest rate volatility.
While the fee percentage is stable, the reliance on transaction-based income leaves the bank vulnerable to regulatory changes regarding consumer fees. A shift toward more recurring wealth management revenue would likely improve the quality of these earnings over the long term.
Quick answers to the most common questions about buying RF stock.
Regions Financial Corporation (RF) is profitable, generating $2.16B in net income for the fiscal year ending 2025 with a net profit margin of 22.4%.
Regions Financial Corporation (RF) reported an operating income of $2.74B, resulting in an operating profit margin of 28.5%. This margin reflects the operational efficiency of the business before interest and taxes.
Regions Financial Corporation (RF) generated $7.17B in gross profit for the year, representing a gross profit margin of 74.6%. This demonstrates the company's core pricing power and production efficiency.