<SUBMISSION>
<ACCESSION-NUMBER>0001281761-04-000109
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20041124
<FILING-DATE>20041126
<DATE-OF-FILING-DATE-CHANGE>20041126
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>HENRIQUES ADOLFO
<CIK>0001181803
<STATE-OF-INCORPORATION>TN
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-50831
<FILM-NUMBER>041169237
</FILING-VALUES>
<BUSINESS-ADDRESS>
<PHONE>9015805769
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>C/O UNION PLANTERS CORP
<STREET2>6200 POPLAR AVE
<CITY>MEMPHIS
<STATE>TN
<ZIP>38119
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>REGIONS FINANCIAL CORP
<CIK>0001281761
<ASSIGNED-SIC>6021
<IRS-NUMBER>630589368
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>417 N 20TH ST
<CITY>BIRMINGHAM
<STATE>AL
<ZIP>35202
<PHONE>205-944-1300
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>417 N 20TH ST
<CITY>BIRMINGHAM
<STATE>AL
<ZIP>35202
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>NEW REGIONS FINANCIAL CORP
<DATE-CHANGED>20040225
</FORMER-COMPANY>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>hen383.xml
<TEXT>
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    <periodOfReport>2004-11-24</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001281761</issuerCik>
        <issuerName>REGIONS FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>RF</issuerTradingSymbol>
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            <rptOwnerName>HENRIQUES ADOLFO</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 387</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MEMPHIS</rptOwnerCity>
            <rptOwnerState>TN</rptOwnerState>
            <rptOwnerZipCode>38147</rptOwnerZipCode>
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            <officerTitle>Group CEO</officerTitle>
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                <value>Common Stock</value>
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            <transactionAmounts>
                <transactionShares>
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                <transactionPricePerShare>
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        </nonDerivativeHolding>
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        <nonDerivativeHolding>
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        <nonDerivativeHolding>
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        </nonDerivativeHolding>
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            <underlyingSecurity>
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                <value>2009-12-16</value>
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                <underlyingSecurityTitle>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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        </derivativeHolding>
        <derivativeHolding>
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            <conversionOrExercisePrice>
                <value>33.32</value>
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                <value>2005-03-17</value>
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                <value>2010-12-20</value>
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        </derivativeHolding>
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                <value>Stock Option</value>
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                <value>25.59</value>
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                <value>2004-07-01</value>
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                <value>2011-10-10</value>
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                    <value>112500.00</value>
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                <value>2011-10-15</value>
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                <sharesOwnedFollowingTransaction>
                    <value>90000.00</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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                    <value></value>
                </natureOfOwnership>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
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            <conversionOrExercisePrice>
                <value>24.81</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-07-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2012-10-08</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                    <value>125000.00</value>
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                <sharesOwnedFollowingTransaction>
                    <value>125000.00</value>
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                <directOrIndirectOwnership>
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                    <value></value>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
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            <conversionOrExercisePrice>
                <value>33.48</value>
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            <exerciseDate>
                <value>2004-07-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-10-14</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>93750.00</value>
                </underlyingSecurityShares>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>93750.00</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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                    <value></value>
                </natureOfOwnership>
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        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reported phantom stock units were acquired under the Union Planters Corp. Deferred Compensation Plan for Executives.</footnote>
        <footnote id="F2">The option becomes exercisable in two equal installments on October 15, 2006 and 2007.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: Ronald C. Jackson</signatureName>
        <signatureDate>2004-11-26</signatureDate>
    </ownerSignature>
</ownershipDocument>

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</TEXT>
</DOCUMENT>
</SUBMISSION>
