Regions Bank

JPMorgan Chase closing 1,000 branches to help slow pandemic

03/18/20

The biggest bank in the U.S. will temporarily close 20% of its branches, following recommendations by health experts. It said it would also operate its remaining branches at reduced hours.

[more]

After big banks suspend stock buybacks, will regionals follow suit?

03/16/20

They are under less pressure from policymakers to halt repurchase plans, but some have already hit the brakes and others may unofficially do so if the pandemic worsens.

[more]

Rate cut could prompt even tighter margins, mortgage surge

03/03/20

The Fed’s decision to cut its benchmark interest rate amid growing coronavirus concerns is bound to have an impact on banks, but just how broad and how deep remains to be seen.

[more]

Regions to buy equipment finance firm Ascentium

02/27/20

The acquisition of the Texas-based lender will help Regions expand its offerings to small businesses while adding about $2 billion of loans to the bank's balance sheet.

[more]

Synovus hires former Regions execs to form affordable housing business

02/10/20

The additions come as the Georgia regional looks to maintain momentum in commercial lending.

[more]

Regions' plan to boost lending in 2020

01/17/20

Total loans at Regions Financial fell slightly last year, but executives say a shift in consumer lending priorities and more aggressive C&I lending will start to pay off this year.

[more]

Suddenly, expenses rising faster than revenue at regional banks

01/17/20

Citizens Financial Group’s fourth-quarter results highlight the challenges regionals face in generating top-line growth.

[more]

Banks under mounting pressure to increase deposits per branch

12/26/19

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.

[more]

Labor shortage crimps demand for commercial loans, bankers say

12/11/19

Many business customers are putting off expansion because they can’t find enough workers to fill available jobs.

[more]

What Truist pressure? Regionals insist they're in no rush to merge

12/10/19

BB&T and SunTrust showed that big-bank mergers are still possible, but top executives at other large regional banks say that a knee-jerk response would be a mistake.

[more]