July 17, 2014

Regions Declares Quarterly Cash Dividend on Common and Preferred Shares

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series A preferred shares, and Series B preferred shares:

  • A quarterly cash dividend of 5 cents per common share, payable October 1, 2014, to stockholders of record as of September 12, 2014.
  • A quarterly cash dividend of $15.9375 per share (equivalent to approximately $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series A. Each outstanding share of the Series A Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series A Preferred Stock. The dividend will be paid on September 15, 2014, to stockholders of record at the close of business on August 29, 2014.
  • A quarterly cash dividend of $24.083333 per share (equivalent to approximately $0.602083 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series B. Each outstanding share of the Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series B Preferred Stock. The dividend will be paid on September 15, 2014, to stockholders of record at the close of business on August 29, 2014.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $118 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,700 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.

Regions Financial Corporation
Media Contact:
Jeremy King, 205-264-4551
www.regionsbanknews.com
Regions News on Twitter: @RegionsNews
or
Investor Relations Contacts:
List Underwood, 205-801-0265
or
Dana Nolan, 205-801-0265

Source: Regions Financial Corporation

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