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Business Segment Information
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Business Segment Information
Each of Regions’ reportable segments is a strategic business unit that serves specific needs of Regions’ customers based on the products and services provided. The segments are based on the manner in which management views the financial performance of the business. The Company has three reportable segments: Corporate Bank, Consumer Bank, and Wealth Management, with the remainder in Other. Additional information about the Company's reportable segments is included in Regions' Annual Report on Form 10-K for the year ended December 31, 2022.
The application and development of management reporting methodologies is a dynamic process and is subject to periodic enhancements. As these enhancements are made, financial results presented by each reportable segment may be periodically revised. Accordingly, the prior periods were updated to reflect these enhancements.
The following tables present financial information for each reportable segment for the periods indicated:
 Three Months Ended March 31, 2023
 Corporate BankConsumer
Bank
Wealth
Management
OtherConsolidated
 (In millions)
Net interest income $525 $838 $54 $— $1,417 
Provision for (benefit from) credit losses80 67 (14)135 
Non-interest income161 258 114 534 
Non-interest expense313 588 110 16 1,027 
Income (loss) before income taxes293 441 56 (1)789 
Income tax expense (benefit)73 110 14 (20)177 
Net income $220 $331 $42 $19 $612 
Average assets$69,093 $37,156 $2,086 $44,747 $153,082 
Three Months Ended March 31, 2022
 Corporate BankConsumer
Bank
Wealth
Management
OtherConsolidated
 (In millions)
Net interest income$433 $547 $35 $— $1,015 
Provision for (benefit from) credit losses69 70 (177)(36)
Non-interest income184 304 103 (7)584 
Non-interest expense278 558 97 — 933 
Income before income taxes270 223 39 170 702 
Income tax expense68 56 10 20 154 
Net income $202 $167 $29 $150 $548 
Average assets$60,292 $36,272 $2,130 $63,034 $161,728