Regions Financial Corporation | Company profile from Hoover's
 
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Regions Financial Corporation · Birmingham, AL United States

Company Description

1900 5th Ave. North
Birmingham, AL
35203
United States (Map)
Phone: 205-944-1300
Fax: 901-580-3915
Toll Free: 800-734-4667
Rankings
  • #280 in FORTUNE 500
  • S&P 500
More Companies in: Birmingham, Alabama
Regions Financial ain't just whistling Dixie anymore. The holding company for Regions Bank, which sprouted in the South, has grown by acquiring other financial services firms over the years. Regions has some 1,900 branches in 16 states, roughly stretching from the Mississippi River Valley in the US heartland to the Southeast and Texas. It also owns Memphis-based investment bank and brokerage Morgan Keegan, which has more than 300 offices on its parent's turf, plus New York and Massachusetts. In addition to traditional banking, Regions offers a variety of other services, including mortgage banking (Regions Mortgage), equipment financing, and life, health, and property/casualty insurance (Regions Insurance). To read the full description, subscribe now.
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Key Regions Financial Corporation Financials

Company TypePublic

Headquarters
Fiscal Year-EndDecember
2009 Employees30,000

Regions Financial Corporation Executives

70 executives listed for Regions Financial Corporation's Birmingham, AL location.
TitleName & BioContact
Chairman, President, and CEOC. Dowd RitterEmail
DirectorEarnest DeavenportEmail
President, COO, and DirectorO. B. Grayson HallEmail

Competition

Competitive Landscape for Regions Financial Corporation
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top Regions Financial Corporation Competitors
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