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Regions Financial . (RF) Stock Quotes & Symbols
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Regions Financial Corporation operates as the holding company for the Regions Bank that provides a range of commercial, retail, and mortgage banking services in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. It offers various deposit products, including savings accounts, transaction accounts, money market accounts, and foreign deposits, as well as time deposits, including certificate of deposits and individual retirement accounts. The company?s loan portfolio comprises commercial and industrial loans, including financial and agricultural, and owner occupied mortgage and construction loans; investor real estate loans, such as commercial real estate mortgage and construction loans; and consumer loans consisting of residential first mortgage, home equity, indirect, and other consumer loans. Regions Financial Corporation, through other subsidiaries, also provides regional brokerage and investment banking products and services, such as securities brokerage, asset management, financial planning, mutual funds, securities underwriting, sales and trading, investment banking services, and trust services, as well as insurance brokerage services for various lines of personal and commercial insurance, including property, casualty, life, health, accident, credit-related insurance, and debt cancellation products. In addition, the company provides domestic and international equipment financing products primarily to commercial clients. As of February 22, 2010, it offered its banking services approximately through 1,800 full-service banking offices and 2,200 automated teller machines; and investment and securities brokerage services through 300 offices. The company was founded in 1970 and is headquartered in Birmingham, Alabama.
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