v3.25.4
Derivative Financial Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Of Derivative Instruments Notional And Fair Values
The following tables present the notional amount and estimated fair value of derivative instruments as of December 31:
 20252024
 
Notional
Amount(1)
Estimated Fair ValueNotional
Amount		Estimated Fair Value
 
Gain(1)
Loss(1)
Gain(1)
Loss(1)
 (In millions)
Derivatives in cash flow hedging relationships:
Interest rate swaps$39,918 $80 $196 $36,660 $— $718 
Interest rate options2,000 2 1 2,000 4 6 
Total derivatives in cash flow hedging relationships41,918 82 197 38,660 4 724 
Derivatives in fair value hedging relationships:
Interest rate swaps8,067 23 73 $5,484 $26 $95 
Total derivatives designated as hedging instruments$49,985 $105 $270 $44,144 $30 $819 
Derivatives not designated as hedging instruments:
Interest rate swaps $93,891 $1,023 $996 $94,803 $1,608 $1,598 
Interest rate options 10,674 14 6 11,005 31 24 
Interest rate futures and forward commitments1,537 8 1 1,247 8 4 
Other contracts15,051 185 172 12,539 139 106 
Total derivatives not designated as hedging instruments $121,153 $1,230 $1,175 $119,594 $1,786 $1,732 
Total derivatives$171,138 $1,335 $1,445 $163,738 $1,816 $2,551 
Total gross derivative instruments, before netting$1,335 $1,445 $1,816 $2,551 
Less: Netting adjustments (2)
1,120 964 1,703 1,615 
Total gross derivative instruments, after netting$215 $481 $113 $936 
_________
(1)Derivatives in a gain position are recorded as other assets and derivatives in a loss position are recorded as other liabilities on the consolidated balance sheets. Includes accrued interest as applicable. The table reflects net notional presentation and gross asset and liability presentation to capture the economic impact of the trades.
(2)Netting adjustments represent amounts recorded to convert derivative assets and derivative liabilities from a gross basis to a net basis in accordance with applicable accounting guidance. The net basis takes into account the impact of cash collateral received or posted, legally enforceable master netting agreements, and variation margin that allow Regions to settle derivative contracts with the counterparty on a net basis and to offset the net position with the related cash collateral. Cash collateral, all of which is included as a netting adjustment, totaled $83 million and $106 million for derivative assets at December 31, 2025 and 2024, respectively. Cash collateral totaled $123 million and $87 million for derivative liabilities at December 31, 2025 and 2024, respectively.
Schedule Of Effect Of Hedging Derivative Instruments On Statements Of Operations
The following tables present the effect of fair value hedging derivative instruments on the consolidated statements of income and the total amounts for the respective line items affected:
2025
Interest IncomeInterest Expense
Debt securitiesLong-term borrowings
(In millions)
Total income (expense) presented in the consolidated statements of income$1,145 $(299)
Gains/(losses) on fair value hedging relationships:
Interest rate contracts:
Amounts related to interest settlements on derivatives$20 $(32)
Recognized on derivatives(57)39 
Recognized on hedged items57 (39)
Income (expense) recognized on fair value hedges$20 $(32)
2024
Interest IncomeInterest Expense
Debt securitiesLong-term borrowingsDeposits
(In millions)
Total income (expense) presented in the consolidated statements of income$925 $(279)$(1,971)
Gains/(losses) on fair value hedging relationships:
Interest rate contracts:
   Amounts related to interest settlements on derivatives$8 $(67)$(1)
   Recognized on derivatives27 22 — 
   Recognized on hedged items(27)(22)— 
Income (expense) recognized on fair value hedges$8 $(67)$(1)
2023
Interest IncomeInterest Expense
Debt securitiesLong-term borrowings
(In millions)
Total income (expense) presented in the consolidated statements of income$749 $(226)
Gains/(losses) on fair value hedging relationships:
Interest rate contracts:
   Amounts related to interest settlements on derivatives$(1)$(64)
   Recognized on derivatives(6)46 
   Recognized on hedged items6 (46)
Income (expense) recognized on fair value hedges$(1)$(64)
Schedule of Fair Value Hedging Basis Adjustments
The following tables present the carrying amount and associated cumulative basis adjustment related to the application of hedge accounting that is included in the carrying amount of hedged assets and liabilities in fair value hedging relationships as of December 31.
20252024
Hedged Items Currently DesignatedHedged Items Currently Designated
Amortized Cost Basis of Assets/(Liabilities) Hedge Accounting Basis AdjustmentAmortized Cost Basis of Assets/(Liabilities)Hedge Accounting Basis Adjustment
(In millions)(In millions)
Debt securities available for sale$9,325 $— $3,304 $(22)
Long-term borrowings(2,348)52 (3,058)91 
Schedule Of Gains (Losses) Recognized In Income Related To Derivatives Not Designated As Hedging Instruments
The following table presents the location and amount of gain recognized in income on derivatives not designated as hedging instruments in the consolidated statements of income for the periods presented below:

Derivatives Not Designated as Hedging Instruments202520242023
 (In millions)
Capital markets income:
Interest rate swaps$29 $29 $(17)
Interest rate options41 52 42 
Interest rate futures and forward commitments16 23 13 
Other contracts(12)23 11 
Total capital markets income74 127 49 
Mortgage income:
Interest rate swaps(4)(44)(14)
Interest rate options(4)(4)1 
Interest rate futures and forward commitments6 8 (10)
Total mortgage income(2)(40)(23)
$72 $87 $26