Slide 1: 3rd Quarter Earnings Conference Call
Exhibit 99.3 3rd Quarter Earnings Conference Call October 18, 2016
Slide 2: 3rd quarter 2016 results
3rd quarter 2016 results Demonstrates we are successfully executing on our strategic plan • Grew checking accounts, households, credit cards 3Q16 3Q15 Change and wealth management relationships ($ in millions, except per share data) • Total adjusted revenue (FTE) increased 5%(2) over the prior year
Slide 3: Prudently managing loans
Prudently managing loans Quarter-over-Quarter: Average loans and leases • Loan and lease balances down 1% $80.6 $80.8 $81.5 $82.0 $81.3 • Consumer lending experienced another solid quarter with balances up 1% 30.5 30.9 ◦ Mortgage lending balances increased 29.8 30.3 31.1 $259 million or 2% ◦ Other i
Slide 4: Prudently growing deposits
Prudently growing deposits Quarter-over-Quarter: Average deposits by type • Deposits increased $439 million $97.2 $97.5 $97.8 $97.5 $97.9 8.1 7.8 7.4 7.3 7.4 • Low-cost deposits up $330 million Low-cost deposits 89.7 90.4 90.2 90.5 • Consumer deposits increased 1% 89.1 Time deposits + Other • Corpor
Slide 5: Net interest income and other financing income and net interest margin
Net interest income and other financing income and net interest margin Quarter-over-Quarter: • Net interest income and other financing income (FTE) $883 down $13 million or 1% $869 ◦ Impacted by a $7 million leveraged lease residual $855 $856 $856 value adjustment that lowered net interest margin 3
Slide 6: Non-interest income growth driven by revenue diversification initiatives
514 506 497 Non-interest income growth driven by revenue diversification initiatives $599 Quarter-over-Quarter: 55 $526 • Non-interest income increased $73 million or 14% $514 $506 $497 12 6 Selected (2) 13 Items(1) ◦ Included $47 million of insurance proceeds 166 166 Service ◦ Recognized $8 million
Slide 7: Expenses: Focused on what we can control in an uncertain environment
Expenses: Focused on what we can control in an uncertain environment Quarter-over-Quarter: $915 $934 • Expenses increased $19 million or 2% $895 22 1 $873 $869 26 ◦ Includes a $14 million charge for early 12 26 extinguishment of debt and a $5 million charge associated with branch closures • Adjusted
Slide 8: Asset quality
Asset quality • Provision for loan losses $25 million less than net charge- offs primarily attributable to reduction in loans Net charge-offs and ratio outstanding and overall net improvement in energy $78 portfolio $68 $72 • Non-accrual loans increased primarily due to five large $60 $54 energy and
Slide 9: Industry leading capital and liquidity ratios
Industry leading capital and liquidity ratios Tier 1 capital ratio (1) • Returned $296 million to shareholders, or 97% of 3Q earnings, including the repurchase of $215 million of common stock and $81 million in 11.7% 11.7% 11.6% 11.7% 11.9% dividends • Transitional basis Basel III Common Equity Tier
Slide 10: 2016 Expectations
2016 Expectations • Average loan growth relatively stable(1)(2) • Average deposits relatively stable(1)(3) • Net interest income and other financing income up 2% - 4% • Adjusted non-interest income growth more than 6%(4) • Adjusted expenses flat to up modestly; full year efficiency ratio ~63% • Adju
Slide 11: Appendix
Appendix Ma REGIONS 11
Slide 12: Energy lending overview
Energy lending overview Total energy As of 9/30/16 As of 6/30/16 • Total outstandings and commitments declined primarily Balances Balances Loan / Including Loan / Including due to paydowns and payoffs Lease Related % $ % Lease Related % $ % ($ in millions) Balances Commitments Utilization Criticized
Slide 13: Energy lending - Oil Field Services and Exploration & Production detail
Energy lending - Oil Field Services and Exploration & Production detail OFS Portfolio Type As of # of Commentary • 49% shared national credit (SNC) loans 9/30/16 Clients* • 64% utilization rate compared to 65% Marine $453 9 59% of exposure is contract protected through end of 2016. Expect some in 2Q
Slide 14: Loan balances by select states
Loan balances by select states Texas Louisiana Consumer Non-Real Estate Consumer Non-Real Estate Commercial - Energy Commercial - Energy Secured, $912 Secured, $289 (Direct), $507 (Direct), $1,155 Consumer Real Estate Consumer Real Secured, $970 Estate Secured, $1,125 Investor Real $8.7B $4.5B Estat
Slide 15: Loan balances by select states
Loan balances by select states Alabama Mississippi Commercial - Energy Commercial - (Direct), $31 Energy (Direct), Consumer Non-Real Estate Consumer Non-Real Estate $56 Secured, $871 Secured, $337 Consumer Real Estate Secured, $10.0B Commercial - Non- Energy, $5,127 Consumer Real Estate Secured, $3.
Slide 16: Non-GAAP reconciliation: Non-interest income, non-interest expense and efficiency ratio
Non-GAAP reconciliation: Non-interest income, non-interest expense and efficiency ratio The table below presents computations of the efficiency ratio (non-GAAP), which is a measure of productivity, generally calculated as non-interest expense divided by total revenue. Management uses this ratio to m
Slide 17: Non-GAAP reconciliation continued: YTD Non-interest income, expense, efficiency ratio
Non-GAAP reconciliation continued: YTD Non- interest income, non-interest expense, efficiency ratio and operating leverage Nine Months Ended September 30 ($ amounts in millions) 2016 2015 2016 vs. 2015 ADJUSTED EFFICIENCY, FEE INCOME AND OPERATING LEVERAGE RATIOS, ADJUSTED NON-INTEREST INCOME/ EXPEN
Slide 18: Non-GAAP reconciliation: Basel III common equity Tier 1 ratio
Non-GAAP reconciliation: Basel III common equity Tier 1 ratio – fully phased-in pro-forma The calculation of the fully phased-in pro-forma "Common equity Tier 1" (CET1) is based on Regions’ understanding of the Final Basel III requirements. For Regions, the Basel III framework became effective on a
Slide 19: Forward-looking statements
Forward-looking statements This presentation may include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, which reflect Regions’ current views with respect to future events and financial performance. Forward-looking statements are not based on historica
Slide 20: Forward-looking statements continued
Forward-looking statements continued • Any inaccurate or incomplete information provided to us by our customers or counterparties. • The risks and uncertainties related to our acquisition and integration of other companies. • Inability of our framework to manage risks associated with our business su
Slide 21: A REGIONS
A REGIONS