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Business Segment Information
6 Months Ended
Jun. 30, 2025
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 Company has three reportable segments: Corporate Bank, Consumer Bank, and Wealth Management, with the remainder in Other. The segments are based on the manner in which the CODM reviews the Company's performance. The Company's CODM is the CEO, President and Chair of the Board. As a part of the CODM review, pre-tax income is utilized to allocate resources amongst segments. Additional information about the Company's reportable segments is included in Regions' Annual Report on Form 10-K for the year ended December 31, 2024.
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. Accordingly, the prior periods were updated to reflect these enhancements.
The following tables present financial information, including non-interest income disaggregated by major product category, for each reportable segment:
Three Months Ended June 30, 2025
Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income$474 $742 $43 $— $1,259 
Provision for (benefit from) credit losses88 68 (32)126 
Non-interest income:
Service charges on deposit accounts60 90 — 151 
Card and ATM fees11 114 — — 125 
Investment management and trust fee income— — 90 — 90 
Capital markets income83 — — — 83 
Mortgage income— 48 — — 48 
Investment services fee income— — 43 — 43 
Commercial credit fee income29 — — — 29 
Bank-owned life insurance— — — 24 24 
Securities gains (losses), net— — — (1)(1)
Market value adjustments on employee benefit assets
— — — 16 16 
Other miscellaneous income (loss)42 20 (25)38 
Total non-interest income225 272 135 14 646 
Non-interest expense:
Salaries and employee benefits137 179 67 275 658 
Equipment and software expense24 74 104 
Net occupancy expense55 72 
Other expenses (benefits) (1)
162 369 48 (340)239 
Total non-interest expense
311 627 119 16 1,073 
Income before income taxes300 319 57 30 706 
Income tax expense (benefit)75 80 14 (26)143 
Net income $225 $239 $43 $56 $563 
Average assets$69,768 $37,479 $2,112 $48,615 $157,974 
 Three Months Ended June 30, 2024
 Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income$449 $697 $40 $— $1,186 
Provision for (benefit from) credit losses91 66 (57)$102 
Non-interest income (loss):
Service charges on deposit accounts54 95 151 
Card and ATM fees11 109 — — 120 
Investment management and trust fee income— — 83 — 83 
Capital markets income67 — — 68 
Mortgage income— 34 — — 34 
Investment services fee income— — 39 — 39 
Commercial credit fee income28 — — — 28 
Bank-owned life insurance— — — 30 30 
Securities gains (losses), net— — — (50)(50)
Market value adjustments on employee benefit assets
— — — 
Other miscellaneous income39 20 (20)40 
Total non-interest income (loss)
199 259 124 (37)545 
Non-interest expense:
Salaries and employee benefits133 178 63 235 609 
Equipment and software expense26 — 69 100 
Net occupancy expense51 68 
Other expenses (1)
162 316 42 (293)227 
Total non-interest expense
307 571 108 18 1,004 
Income before income taxes250 319 54 625 
Income tax expense (benefit)62 80 14 (32)124 
Net income$188 $239 $40 $34 $501 
Average assets$68,934 $38,007 $2,053 $43,873 $152,867 
 Six Months Ended June 30, 2025
 Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income $916 $1,451 $86 $— $2,453 
Provision for (benefit from) credit losses 175 134 (63)250 
Non-interest income (loss):
Service charges on deposit accounts124 186 — 312 
Card and ATM fees22 220 — — 242 
Investment management and trust fee income— — 176 — 176 
Capital markets income162 — — 163 
Mortgage income— 88 — — 88 
Investment services fee income— — 86 — 86 
Commercial credit fee income56 — — — 56 
Bank-owned life insurance— — — 47 47 
Securities gains (losses), net— — — (26)(26)
Market value adjustments on employee benefit assets
— — — 13 13 
Other miscellaneous income (loss)84 39 (46)79 
Total non-interest income (loss)
448 533 267 (12)1,236 
Non-interest expense:
Salaries and employee benefits282 358 137 506 1,283 
Equipment and software expense10 48 144 203 
Net occupancy expense14 108 14 142 
Other expenses (benefits) (1)
315 708 94 (633)484 
Total non-interest expense
621 1,222 238 31 2,112 
Income before income taxes568 628 111 20 1,327 
Income (loss) before income taxes
141 157 28 (52)274 
Net income $427 $471 $83 $72 $1,053 
Average assets$69,530 $37,574 $2,123 $48,201 $157,428 
 Six Months Ended June 30, 2024
 Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income $901 $1,389 $80 $— $2,370 
Provision for (benefit from) credit losses 182 134 (66)254 
Non-interest income (loss):
Service charges on deposit accounts109 187 299 
Card and ATM fees22 214 — — 236 
Investment management and trust fee income— — 164 — 164 
Capital markets income158 — — 159 
Mortgage income— 75 — — 75 
Investment services fee income— — 77 — 77 
Commercial credit fee income55 — — — 55 
Bank-owned life insurance— — — 53 53 
Securities gains (losses), net— — — (100)(100)
Market value adjustments on employee benefit assets
— — — 17 17 
Other miscellaneous income (loss)73 39 (40)73 
Total non-interest income (loss)
417 516 244 (69)1,108 
Non-interest expense:
Salaries and employee benefits283 361 129 494 1,267 
Equipment and software expense52 139 201 
Net occupancy expense14 107 15 142 
Other expenses (benefit) (1)
325 678 83 (561)525 
Total non-interest expense
631 1,198 219 87 2,135 
Income (loss) before income taxes
505 573 101 (90)1,089 
Income tax expense (benefit)126 143 25 (74)220 
Net income (loss)$379 $430 $76 $(16)$869 
Average assets$68,938 $38,021 $2,044 $43,152 $152,155 
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(1) Other miscellaneous expenses are primarily comprised of outside services, marketing, professional, legal and regulatory expenses, credit and checkcard expenses, and FDIC insurance assessment fees.