Regions Financial Corporation · NYSE:RF

Regions Financial — Q4 2009 Earnings Presentation

14 slides from Regions Financial's earnings presentation, Jan 26, 2010

  1. Slide 1: Regions Financial 4th Quarter Earnings Conference Call

    Regions Financial 4th Quarter Earnings Conference Call January 26, 2010 EXHIBIT 99.3

  2. Slide 2: Credit Available, but Demand Remains Soft

    48.9% 47.5% 45.4% 42.8% 41.2% Credit Available, but Demand Remains Soft › Commitment levels remain high › Utilization rates reflect weaker demand but stabilizing ($ in billions) Commercial $25.0 $24.9 $24.5 $25.5 $24.9 $- $5.0 $10.0 $15.0 $20.0 $25.0 $30.0 Dec Mar Jun Sept Dec 40% 42% 44% 46% 48% 50

  3. Slide 3: Record Setting Account Growth and High Customer Retention Lead to Rising Customer Deposits

    Record Setting Account Growth and High Customer Retention Lead to Rising Customer Deposits › Opened a record 1,000,000+ new retail and business checking accounts in 2009 › Retention remains better than industry norms and at historical highs › Average customer deposits grew $1.6 billion linked quarte

  4. Slide 4: Result = Strong and Improving Market Share

    Result = 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

  5. Slide 5: Steady Margin and Net Interest Income; Poised to Increase with Rising Rates

    Steady Margin and Net Interest Income; Poised to Increase with Rising Rates › Taxable-equivalent net interest income of $857 million - up $4 million › Net interest margin of 2.72% - steady with prior quarter › Loan and deposit pricing improvements having a positive influence › Pressure from matured

  6. Slide 6: Non-Interest Revenues reflect Securities losses

    Non-Interest Revenues reflect Securities losses › Service charge income in line with previous quarter › Brokerage income higher, reflecting higher fees from fixed income capital markets › Securities losses driven by balance sheet de-risking › Mortgage income lower ($ in millions) Q309 Q409 $ % Non-i

  7. Slide 7: Charge-Offs Stabilizing but Remain Elevated

    Charge-Offs Stabilizing but Remain Elevated $0 $250 $500 $750 $1,000 4Q08 1Q09 2Q09 3Q09 4Q09 Business Services Consumer Sales/Transfer to HFS $ millions $796 $390 $491 $680 $692

  8. Slide 8: Gross and Net NPA Migration Declining

    Gross and Net NPA Migration Declining $ millions Net NPA* Change down 43% 3Q09 to 4Q09 * Excludes non-performing assets held for sale -$500 $0 $500 $1,000 $1,500 $2,000 4Q08 1Q09 2Q09 3Q09 4Q09 Net NPA Change Gross NPA Additions

  9. Slide 9: Gross NPA Migration Declining

    Gross NPA Migration Declining $0 $500 $1,000 $1,500 $2,000 1Q09 2Q09 3Q09 4Q09 Land/Condo/Single Family Income Producing CRE Business and Community Commercial Consumer $ millions $1.12B $1.76B $1.67B $1.40B › Non-Performing Asset migration continues to moderate from the nd quarter high. Quarter over

  10. Slide 10: Disposed of $2.7 Billion in Problem Assets Over Past Months

    Disposed of $2.7 Billion in Problem Assets Over Past 15 Months $0 $300 $600 $900 $1,200 4Q08 1Q09 2Q09 3Q09 4Q09 Sales Transfer to HFS $ millions $228 $281 $554 $643 $1,039 Note: $2.7B of dispositions include loans sold or moved to held for sale. The 12/31/09 balance in held for sale was $317MM.

  11. Slide 11: Troubled Debt Restructurings Driven by Proactive Customer Assistance Program

    Troubled Debt Restructurings Driven by Proactive Customer Assistance Program › Recidivism rate much better than government-sponsored programs › Foreclosure rate less than half the national average › Proactive outreach efforts helped over 23,500 families stay in their homes 1) As a percentage of tota

  12. Slide 12: Credit Costs Remain High

    Credit Costs Remain High (in millions) 4Q08 1Q09 2Q09 3Q09 4Q09 Net Charge-offs CRE Valuation Losses $124 $92 $129 $191 $215 Commercial Real Estate Other Commercial Consumer Real Estate Other Consumer Net Charge-offs excluding charge- offs from Sales / Transfers to HFS Sales/Transfer to HFS Total Ne

  13. Slide 13: Regions Residential Mortgage Portfolio

    Regions Residential Mortgage Portfolio Compared to Mortgage Bankers Association National Delinquency Survey 3Q09 % of Loans % of Loans in Foreclosure Past Due 90+ 3Q09 Regions Portfolio 2.42% 1.80% MBA South All Loans 4.29% 4.70% MBA US All Loans 4.38% 4.47% Regions All Florida 3.60% 3.65% MBA All F

  14. Slide 14: Regions

    JN REGIONS

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