Regions Financial Corporation

NYSE RF

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Regions Financial Corporation Tangible Asset Value Ratio 1 year YoY Change (%) for the year ending December 31, 2022: -17.88%

Regions Financial Corporation Tangible Asset Value Ratio 1 year YoY Change (%) is -17.88% for the year ending December 31, 2022, a -29.55% change year over year. The tangible asset value ratio measures the proportion of tangible assets to total assets. It is calculated by dividing the tangible assets by the total assets. This ratio indicates the significance of tangible assets, such as property, plant, and equipment, in the company's total asset structure. A higher ratio suggests a higher proportion of tangible assets relative to total assets. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Regions Financial Corporation Tangible Asset Value Ratio for the year ending December 31, 2022 was 0.05, a -17.88% change year over year.
Regions Financial Corporation Tangible Asset Value Ratio for the year ending December 31, 2021 was 0.07, a -13.80% change year over year.
Regions Financial Corporation Tangible Asset Value Ratio for the year ending December 31, 2020 was 0.08, a -4.89% change year over year.
Regions Financial Corporation Tangible Asset Value Ratio for the year ending December 31, 2019 was 0.08, a 7.13% change year over year.

NYSE: RF

Regions Financial Corporation

CEO	Mr. John M. Turner Jr.
IPO Date	March 26, 1990
Location	United States
Headquarters	1900 Fifth Avenue North, Birmingham, AL, United States, 35203
Employees	20,101
Sector	Financial Services
Industry	Banks - regional

Description

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. It also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. The company was founded in 1971 and is headquartered in Birmingham, Alabama.

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