v3.25.4
Business Segment Information
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Business Segment Information NOTE 22. 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.
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.
The Corporate Bank segment represents the Company’s commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending. This segment also includes equipment lease financing, as well as capital markets activities, which include securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition and other advisory services. Corporate Bank customers include corporate, middle market, and commercial real estate developers and investors. Corresponding deposit products related to these types of customers are also included in this segment.
The Consumer Bank segment represents the Company’s branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards and other consumer loans, as
well as the corresponding deposit relationships. These services are also provided through the Company's digital channels and contact center.
The Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities a wide range of solutions to help protect, grow and transfer wealth. Offerings include credit related products, trust and investment management, asset management, retirement and savings solutions and estate planning.
Other includes the Company’s Treasury function, the securities portfolio, wholesale funding activities, interest rate risk management activities and other corporate functions that are not related to a strategic business unit. Also within Other are certain reconciling items in order to translate the segment results that are based on management accounting practices into consolidated results. Management accounting practices utilized by Regions as the basis of presentation for segment results include the following:
•Net interest income is presented utilizing an FTP approach, for which market-based funding charges/credits are assigned within the segments. By allocating a cost or a credit to each product based on the FTP framework, management is able to more effectively measure the net interest margin contribution of its assets/liabilities by segment. The summation of the interest income/expense and FTP charges/credits for each segment is its designated net interest income.
•Provision for (benefit from) credit losses is allocated to each segment based on an estimated loss methodology. The difference between the consolidated provision for (benefit from) credit losses and the segments’ estimated loss is reflected in Other.
•Income tax expense (benefit) is calculated for the Corporate Bank, Consumer Bank and Wealth Management based on a consistent federal and state statutory rate. Any difference between the Company’s consolidated income tax expense (benefit) and the segments’ calculated amounts is reflected in Other.
•Management reporting allocations of certain expenses are made in order to analyze the financial performance of the segments. These allocations consist of operational and overhead cost pools and are intended to represent the total costs to support a segment.
The following tables present financial information, including non-interest income disaggregated by major product category, for each reportable segment for the years ended December 31:
 2025
 Corporate BankConsumer BankWealth
Management		OtherConsolidated
 (In millions)
Net interest income $1,877 $2,937 $177 $— $4,991 
Provision for (benefit from) credit losses 337 273 7 (147)470 
Non-interest income (loss) (1):
Service charges on deposit accounts246 386 3 — 635 
Card and ATM fees42 444 1 — 487 
Investment management and trust fee income— — 362 — 362 
Capital markets income344 2 1 — 347 
Mortgage income— 158 — — 158 
Investment services fee income— — 182 — 182 
Commercial credit fee income114 — — — 114 
Bank-owned life insurance— — — 95 95 
Securities gains (losses), net— — — (53)(53)
Market value adjustments on employee benefit assets
— — — 20 20 
Other miscellaneous income (loss)209 79 3 (103)188 
Total non-interest income (loss)
955 1,069 552 (41)2,535 
Non-interest expense:
Salaries and employee benefits564 726 281 1,045 2,616 
Equipment and software expense22 100 2 297 421 
Net occupancy expense27 221 12 28 288 
Other expenses (benefits) (2)
647 1,468 188 (1,315)988 
Total non-interest expense
1,260 2,515 483 55 4,313 
Income before income taxes1,235 1,218 239 51 2,743 
Income tax expense (benefit)309 304 60 (86)587 
Net income $926 $914 $179 $137 $2,156 
Average assets$69,862 $37,442 $2,151 $48,563 $158,018 
 2024
 Corporate BankConsumer BankWealth
Management		OtherConsolidated
 (In millions)
Net interest income $1,821 $2,834 $163 $— $4,818 
Provision for (benefit from) credit losses 362 270 8 (153)487 
Non-interest income (loss) (1):
Service charges on deposit accounts223 385 3 1 612 
Card and ATM fees43 424 1 (1)467 
Investment management and trust fee income— — 338 — 338 
Capital markets income346 1 1 — 348 
Mortgage income— 146 — — 146 
Investment services fee income— — 157 — 157 
Commercial credit fee income111 — — — 111 
Bank-owned life insurance— — — 102 102 
Securities gains (losses), net— — — (208)(208)
Market value adjustments on employee benefit assets
— — — 25 25 
Other miscellaneous income (loss)174 81 2 (90)167 
Total non-interest income (loss)
897 1,037 502 (171)2,265 
Non-interest expense:
Salaries and employee benefits558 721 260 990 2,529 
Equipment and software expense19 101 3 283 406 
Net occupancy expense27 210 12 29 278 
Other expenses (benefit) (2)
666 1,369 178 (1,184)1,029 
Total non-interest expense
1,270 2,401 453 118 4,242 
Income (loss) before income taxes
1,086 1,200 204 (136)2,354 
Income tax expense (benefit)271 300 51 (161)461 
Net income (loss)$815 $900 $153 $25 $1,893 
Average assets$69,207 $37,947 $2,063 $44,664 $153,881 
 2023
 Corporate BankConsumer BankWealth
Management		OtherConsolidated
 (In millions)
Net interest income $2,007 $3,123 $190 $— $5,320 
Provision for (benefit from) credit losses 343 279 8 (77)553 
Non-interest income (1):
Service charges on deposit accounts193 396 3 — 592 
Card and ATM fees45 458 — 1 504 
Investment management and trust fee income— — 313 — 313 
Capital markets income219 1 1 1 222 
Mortgage income— 109 — — 109 
Investment services fee income— — 138 — 138 
Commercial credit fee income105 — — — 105 
Bank-owned life insurance— — — 78 78 
Securities gains (losses), net(1)— — (4)(5)
Market value adjustments on employee benefit assets
— — — 15 15 
Other miscellaneous income (loss)151 80 2 (48)185 
Total non-interest income712 1,044 457 43 2,256 
Non-interest expense:
Salaries and employee benefits546 732 254 884 2,416 
Equipment and software expense20 110 3 279 412 
Net occupancy expense27 222 12 28 289 
Other expenses (benefit) (2)
635 1,509 158 (1,003)1,299 
Total non-interest expense
1,228 2,573 427 188 4,416 
Income (loss) before income taxes
1,148 1,315 212 (68)2,607 
Income tax expense (benefit)287 330 52 (136)533 
Net income$861 $985 $160 $68 $2,074 
Average assets$69,520 $37,762 $2,044 $43,691 $153,017 
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(1) Non-interest income includes $650 million, $473 million, and $534 million of revenue that is not from a contract with a customer for the years ended December 31, 2025, 2024 and 2023, respectively.
2) See Note 18 for a detail of expenses compromising other expenses.