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Variable Interest Entities
 6 Months Ended
Jun. 30, 2025
Disclosure Variable Interest Entities Schedule Of Equity Method Investments [Abstract]  
Variable Interest Entities
NOTE 2. VARIABLE INTEREST ENTITIES
Regions is involved in various entities that are considered to be VIEs, as defined by authoritative accounting literature. Generally, a VIE is a corporation, partnership, trust or other legal structure that either does not have equity investors with substantive voting rights or has equity investors that do not provide sufficient financial resources for the entity to support its activities. The following discusses the VIEs in which Regions has a significant interest.
Regions periodically invests in various limited partnerships that sponsor affordable housing projects and economic development projects, which then provide tax credits to Regions. These investments are funded through a combination of debt and equity. These partnerships meet the definition of a VIE and are collectively referred to as tax credit investments in the table below. Due to the nature of the management activities of the general partner, Regions is not the primary beneficiary of these partnerships. Refer to Note 1 "Summary of Significant Accounting Policies" in the Annual Report on Form 10-K for the year ended December 31, 2024 for additional details. Additionally, Regions has loans or letters of credit commitments with certain limited partnerships. The funded portion of the loans and letters of credit are classified as commercial and industrial loans or investor real estate loans as applicable in Note 4.
A summary of Regions’ tax credit investments and related loans and letters of credit, representing Regions’ maximum exposure to loss, is as follows: 
June 30, 2025December 31, 2024
 (In millions)
Tax credit investments included in other assets$1,529 $1,471 
Unfunded tax credit commitments included in other liabilities515 590 
Loans and letters of credit commitments568 663 
Funded portion of loans and letters of credit commitments302 336 
Three Months Ended June 30Six Months Ended June 30
2025202420252024
 (In millions)
Tax credits and other tax benefits recognized$58 $61 $112 $116 
Tax credit amortization expense included in income tax expense48 47 95 93
In addition to the investments discussed above, Regions also syndicates affordable housing investments. In these syndication transactions, Regions creates affordable housing funds in which a subsidiary is the general partner or managing member and sells limited partnership interests to third parties. Regions' general partner or managing member interest represents an insignificant interest in the affordable housing fund. The affordable housing funds meet the definition of a VIE. As Regions is not the primary beneficiary and does not have a significant interest, these investments are not consolidated. At June 30, 2025 and December 31, 2024, the value of Regions’ general partnership interest in affordable housing investments was immaterial.