v3.26.1
Business Segment Information
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Business Segment Information NOTE 11. BUSINESS SEGMENT INFORMATION
Each of Regions’ reportable segments is a strategic business unit that serves specific needs of Regions’ customers based on the products and services provided. The Company has three reportable segments: Corporate Bank, Consumer Bank, and Wealth Management, with the remainder in Other. The segments are based on the manner in which the CODM reviews the Company's performance. The Company's CODM is the CEO, President and Chair of the Board. As a part of the CODM review, pre-tax income is utilized to allocate resources amongst segments. Additional information about the Company's reportable segments is included in Regions' Annual Report on Form 10-K for the year ended December 31, 2025.
The application and development of management reporting methodologies is a dynamic process and is subject to periodic enhancements. As these enhancements are made, financial results presented by each reportable segment may be periodically revised and the prior periods updated to reflect these enhancements. Accordingly, the prior periods may be updated to reflect these enhancements. In the first quarter of 2026, the Company changed its provision for credit losses allocation methodology from expected losses to net charge‑offs. For each business segment, the provision for (benefit from) credit losses represents net charge‑offs, with any portion of the provision that is greater than or less than net charge‑offs reported within the Other segment.
The following tables present financial information, including non-interest income disaggregated by major product category, for each reportable segment:
Three Months Ended March 31, 2026
Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income$474 $729 $45 $— $1,248 
Provision for (benefit from) credit losses71 56 — (36)91 
Non-interest income:
Service charges on deposit accounts66 96 — 163 
Card and ATM fees11 106 — — 117 
Investment management and trust fee income— — 92 — 92 
Capital markets income84 — — — 84 
Mortgage income— 32 — — 32 
Investment services fee income— — 49 — 49 
Commercial credit fee income30 — — — 30 
Bank-owned life insurance— — — 30 30 
Securities gains (losses), net— — — (3)(3)
Market value adjustments on employee benefit assets
— — — (5)(5)
Other miscellaneous income (loss)39 18 (22)36 
Total non-interest income230 252 143 — 625 
Non-interest expense:
Salaries and employee benefits151 203 76 229 659 
Equipment and software expense24 78 108 
Net occupancy expense55 72 
Other expenses (benefits) (1)
168 325 50 (314)229 
Total non-interest expense
331 607 130 — 1,068 
Income before income taxes302 318 58 36 714 
Income tax expense (benefit)75 79 15 (14)155 
Net income $227 $239 $43 $50 $559 
Average assets$71,203 $36,905 $2,216 $48,963 $159,287 
 Three Months Ended March 31, 2025
 Corporate BankConsumer BankWealth
Management
OtherConsolidated
 (In millions)
Net interest income$441 $710 $43 $— $1,194 
Provision for credit losses65 59 — — 124 
Non-interest income (loss):
Service charges on deposit accounts64 96 — 161 
Card and ATM fees11 106 — — 117 
Investment management and trust fee income— — 86 — 86 
Capital markets income79 — — 80 
Mortgage income— 40 — — 40 
Investment services fee income— — 43 — 43 
Commercial credit fee income27 — — — 27 
Bank-owned life insurance— — — 23 23 
Securities gains (losses), net— — — (25)(25)
Market value adjustments on employee benefit assets
— — — (3)(3)
Other miscellaneous income (loss)42 19 — (20)41 
Total non-interest income (loss)
223 261 131 (25)590 
Non-interest expense:
Salaries and employee benefits145 194 70 216 625 
Equipment and software expense25 — 69 99 
Net occupancy expense53 70 
Other expenses (benefits) (1)
153 320 48 (276)245 
Total non-interest expense
310 592 121 16 1,039 
Income (loss) before income taxes289 320 53 (41)621 
Income tax expense (benefit)72 80 13 (34)131 
Net income (loss)$217 $240 $40 $(7)$490 
Average assets$69,289 $37,667 $2,133 $47,787 $156,876 
_____
(1) Other expenses are primarily comprised of outside services, marketing, professional, legal and regulatory expenses, credit and checkcard expenses, and FDIC insurance assessment fees.