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Business Segment Information
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Business Segment Information
NOTE 11. 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, 2023.
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 and the prior periods updated to reflect these enhancements.
The following tables present financial information for each reportable segment for the periods indicated:
 Three Months Ended March 31, 2024
 Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income $452 $692 $40 $— $1,184 
Provision for (benefit from) credit losses 91 68 (9)152 
Non-interest income (loss)218 257 120 (32)563 
Non-interest expense 321 627 110 73 1,131 
Income (loss) before income taxes258 254 48 (96)464 
Income tax expense (benefit)65 64 12 (45)96 
Net income (loss)$193 $190 $36 $(51)$368 
Average assets$68,941 $38,035 $2,035 $42,433 $151,444 
 Three Months Ended March 31, 2023
 Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income $525 $838 $54 $— $1,417 
Provision for (benefit from) credit losses 80 67 (14)135 
Non-interest income 161 258 114 534 
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