<SEC-DOCUMENT>0001225208-21-002432.txt : 20210212
<SEC-HEADER>0001225208-21-002432.hdr.sgml : 20210212
<ACCEPTANCE-DATETIME>20210212173537
ACCESSION NUMBER:		0001225208-21-002432
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20201231
FILED AS OF DATE:		20210212
DATE AS OF CHANGE:		20210212

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCCRARY CHARLES D
		CENTRAL INDEX KEY:			0001195321

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34034
		FILM NUMBER:		21630077

	MAIL ADDRESS:	
		STREET 1:		30 IVAN ALLEN JR. BLVD. NW
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30308

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REGIONS FINANCIAL CORP
		CENTRAL INDEX KEY:			0001281761
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				630589368
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1900 FIFTH AVENUE NORTH
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35203
		BUSINESS PHONE:		800-734-4667

	MAIL ADDRESS:	
		STREET 1:		1900 FIFTH AVENUE NORTH
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW REGIONS FINANCIAL CORP
		DATE OF NAME CHANGE:	20040225
</SEC-HEADER>
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<SEQUENCE>1
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    <issuer>
        <issuerCik>0001281761</issuerCik>
        <issuerName>REGIONS FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>RF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
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            <rptOwnerCik>0001195321</rptOwnerCik>
            <rptOwnerName>MCCRARY CHARLES D</rptOwnerName>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>P. O. BOX 10247</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BIRMINGHAM</rptOwnerCity>
            <rptOwnerState>AL</rptOwnerState>
            <rptOwnerZipCode>35202-0247</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOther>1</isOther>
            <otherText>Non-Executive Chair</otherText>
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            <expirationDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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            <securityTitle>
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            </securityTitle>
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                <footnoteId id="F6"/>
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                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
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    <footnotes>
        <footnote id="F1">Shares acquired quarterly in 2020 pursuant to the issuer's dividend reinvestment plan.</footnote>
        <footnote id="F2">Shares acquired quarterly in 2020 pursuant to a dividend reinvestment feature of the AmSouth Bancorporation Amended and Restated Deferred Compensation Plan for Directors.</footnote>
        <footnote id="F3">The phantom stock was accrued under the Regions Financial Corporation Directors' Deferred Investment Plan.  Each share of phantom stock is the economic equivalent of one share of Regions Financial Corporation common stock.  The shares of phantom stock become payable in cash at the end of the deferral period elected by the reporting person in accordance with the Plan.</footnote>
        <footnote id="F4">Shares of phantom stock acquired quarterly in 2020 pursuant to a dividend reinvestment feature of the Regions Financial Corporation Directors' Deferred Investment Plan.</footnote>
        <footnote id="F5">Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock.</footnote>
        <footnote id="F6">Restricted stock units acquired quarterly in 2020 pursuant to a dividend reinvestment feature of the Regions Financial Corporation Directors' Deferred Restricted Stock Unit Plan.</footnote>
    </footnotes>

    <remarks>Prior to January 1, 2021, the reporting person's phantom stock accrued under the Regions Financial Corporation Directors' Deferred Investment Plan was payable only in shares of common stock and, therefore, was reported in Table I.  As of January 1, 2021, the Plan was amended to provide that all phantom stock accrued under the Plan, including amounts accrued prior to January 1, 2021, will now be payable in cash, not common stock, at the end of the deferral period elected by the reporting person in accordance with the Plan. Therefore, all of the reporting person's phantom stock accrued under the Plan, including phantom stock accrued prior to January 1, 2021, will be reported in Table II going forward.</remarks>

    <ownerSignature>
        <signatureName>Lachelle S. Koon - Attorney-in-Fact</signatureName>
        <signatureDate>2021-02-12</signatureDate>
    </ownerSignature>
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</SEC-DOCUMENT>
