Regions Financial Corporation · NYSE:RF
Regions Financial — Barclays Capital 2010 Financial Services Conference
18 slides from Regions Financial's conference presentation, May 19, 2010
Slide 1: Barclays Capital 2010 Financial Services Conference
Barclays Capital 2010 Financial Services Conference May 19, 2010 Exhibit 99.1
Slide 2: Diversified Southeastern U.S. Franchise
Diversified Southeastern U.S. Franchise Strategically important position across a number of Southeastern markets Regions Morgan Keegan Insurance Offices 1,774 As of March 31, 2010
Slide 3: Superior Customer Satisfaction Drives Growth
0.000 Superior Customer Satisfaction Drives Growth 1.6% 11.4% 794,236 1,008,106 6.1% 10.4% New Checking Sales Attrition Household Growth 90th percentile among competitors for customer loyalty according to Gallup Customer retention rate at a historic high and well above industry norm
Slide 4: Strong and Improving Market Share
Strong and Improving Market Share Note: Based on June 30, 2009 FDIC data per SNL. Adjusted for brokered deposits in MS and GA. State Deposits ($B) Rank AL 18.9 % % FL 17.4 TN 17.3 LA 7.3 MS 7.0 GA 6.4 AR 4.6 TX 3.7 IL 2.7 MO 2.5 IN 2.4 Other 3.5 - - % of Total Mkt. Share
Slide 5: Business Services Revenue is Well-Diversified and Positioned for Growth
Business Services Revenue is Well-Diversified and Positioned for Growth Commercial & Industrial Commercial Real Estate Business Banking Community Banking Private Banking Specialized Groups Business Capital (ABL) Healthcare Transportation Public, Institutional, Non-profit Restaurant & Beverage Loans
Slide 6: Regions' Capital Levels Strong and Comparable to Peers
7.1 11.7 RF Tier 1 T1C Regions’ Capital Levels Strong and Comparable to Peers Peers include: BAC, BBT, CMA, FITB, KEY, MI, PNC, STI, USB, WFC; MTB Capital ratios as of March 31, 2010 Source: SNL and Company Reports
Slide 7: 2009 Risk Weighted Assets/Total Assets
Q4 2009 Risk Weighted Assets/Total Assets Holding Company 69% 71% 73% 80% 82% 84% 85% 86% 89% 92% 93% 104% RF Peer Median 85% Source – FR Y-9 – 12/31/09 Peers include: BAC, BBT, CMA, FITB, KEY, MI, PNC, STI, USB, WFC; MTB
Slide 8: Improving Economic Backdrop
Improving Economic Backdrop GDP 0.1% 2.8% 3.2% Unemployment 9.3% 9.7% 9.1% Home Price Index (4.7%) (1.3%) 0.7% Fed Funds 0.2% 0.3% 1.1% 10yr Treasury 3.2% 4.0% 4.5% 2010 (1) 2011 (1) (1) Blue Chip forecast
Slide 9: NPA Migration Declining
NPA Migration Declining $0 $500 $1,000 $1,500 $2,000 1Q09 2Q09 3Q09 4Q09 1Q10 Net NPA Change Gross NPA Additions $ millions Net NPA* Change down 41% 4Q09 to 1Q10 * Excludes non-performing assets held for sale
Slide 10: Disposed of over $3 Billion in Problem Assets
Disposed of over $3 Billion in Problem Assets Over Past 18 Months $0 $300 $600 $900 $1,200 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 Sales Transfer to HFS $ millions $228 $281 $554 $643 $1,039 Note: Dispositions include loans sold or moved to held for sale. The 03/31/10 balance in held for sale was $256MM. $689
Slide 11: Charge-Offs Stabilized
Charge-Offs Stabilized $0 $250 $500 $750 $1,000 1Q09 2Q09 3Q09 4Q09 1Q10 Business Services Consumer Sales/Transfer to HFS $ millions $390 $491 $680 $692 $700
Slide 12: Rigorous Expense Management Muted by High Recession-Related Expenses
Rigorous Expense Management Muted by High Recession-Related Expenses $996 $988 $172 $219 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 4Q09 1Q10 Other Expenses Recession-Related Expenses** $ in millions $1,207 $1,168 **Recession-related expenses includes FDIC premiums, other real estate owned expenses
Slide 13: Strong Focus on Performance Management and Productivity Improvements
Strong Focus on Performance Management and Productivity Improvements Regions Headcount Trends 37,709 May Dec Dec Dec 33,161 30,784 28,213 25% Reduction 28,509 Reduced Total Positions over 25% since May 2006 Focused on Performance Management/Top Grading Remain focused on Headcount Management March
Slide 14: Increased Customer Deposits and Lower Cost
Exceeding 2009 record pace of new checking account openings; 248,000 in 1 quarter Average customer deposits grew $1.9 billion linked quarter; over $6.5 billion year-over-year Total deposit costs have declined 61 basis points in last 12 months $80.0 $85.0 $90.0 $95.0 $100.0 1Q09 2Q09 3Q09 4Q09 1Q10 0
Slide 15: Improving Net Interest Margin; Expected to Rise throughout 2010 and Beyond
Improving Net Interest Margin; Expected to Rise throughout 2010 and Beyond Net interest margin climbed 5 bps linked quarter; Expected to climb to 3.00% by year-end 2010 Ongoing improvement in deposit mix and cost with substantial remaining repricing opportunity in maturing, higher cost CDs Consisten
Slide 16: REGIONS
VN REGIONS
Slide 17: Investor Real Estate $20.4bn
Investor Real Estate $20.4bn 23% Total Loan Portfolio $88.2bn Commercial and Industrial $21.2bn / 24% Owner Occupied Real Estate $12.6bn / 15% 1Q10 losses 1.48% Residential First Mortgage $15.6bn / 18% Indirect $2.2bn / 2% Direct and Other $1.1bn 1% Home Equity $15.1bn 17% Reduced by $5.4 billion, o
Slide 18: Investor Real Estate Portfolio is Well Diversified
Investor Real Estate Portfolio is Well Diversified 23% of Total Portfolio Other** $3.7bn / 18% FL $4.7bn / 23% TX $2.2bn / 11% GA $2.2bn / 11% AL $1.8bn / 9% TN $1.8bn / 9% NC $1.2bn / 6% LA - $0.9bn / 4% MO - $0.7bn / 3% SC - $0.7bn / 3% AR - $0.5bn / 3% Loan Size Geography 5,000 10,000 15,000 20,0
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