Regions Financial Corp
NYSE:RF
RF's latest stock split occurred on Jul 1, 2004
The company executed a 12346-for-10000 stock split, meaning that for every 10000 shares held, investors received 12346 new shares.
Before the split, RF traded at 36.55 per share. Afterward, the share price was about 15.8599.
The adjusted shares began trading on Jul 1, 2004. This was RF's 7th stock split, following the previous one in Jun 7, 2002.
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Regions Financial Corp
Glance View
Regions Financial Corp., an institution deeply rooted in the heart of the American South, operates as a prominent player within the financial services sector. Through its main subsidiary, Regions Bank, headquartered in Birmingham, Alabama, the firm capitalizes on its expansive footprint, which spans across the Sun Belt and Midwest regions of the United States. Not just a bank, Regions Financial seamlessly integrates its offerings, providing a broad array of services that include commercial and retail banking, mortgage banking, asset management, and insurance. This diversified portfolio enables the company to cater to the varied financial needs of individuals and businesses alike, enhancing its resilience against market fluctuations. At its core, Regions Financial thrives by leveraging a robust network of branches and ATMs, promoting customer accessibility and retention. Revenue streams flow primarily from interest income earned on its diversified loan portfolio, including commercial, consumer, and real estate loans. Non-interest income forms another significant pillar, derived from service charges, wealth management fees, and insurance premiums. By maintaining a balanced revenue model, Regions effectively navigates economic cycles, fostering sustainable growth and stability. Their strategy of coupling personalized customer service with technological innovation further solidifies their competitive position, ensuring effective engagement with a wide-ranging client base.
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