Regions Financial Corporation · NYSE:RF
Regions Financial — Q3 2026 Earnings Presentation
36 slides from Regions Financial's earnings presentation, Oct 16, 2026
Slide 1: 3rd Quarter Earnings
Exhibit 99.3 3rd Quarter Earnings October 16, 2026
Slide 2: Third Quarter Overview
Third Quarter Overview Continue to deliver consistent, sustainable long-term performance 3Q26 Key Performance Metrics Highlights Reported Adjusted(1) • Proven history of consistently generating best-in-class returns Net Income Available to Common Shareholders $611M $622M in our peer group(2) Diluted
Slide 3: Loans
Loans Relationship-driven growth supported by healthy client demand Average Loans & Leases ($ in billions) QoQ Highlights & Outlook $96.6 $98.7 $99.2 • Avg and ending loans increased modestly $32.8 $32.1 $31.9 • Avg business loans increased 1%, while avg consumer loans declined modestly $63.8 $66.6
Slide 4: Deposits
Deposits Disciplined deposit management supported by a strong franchise Average Deposits by Segment ($ in billions) $129.6 $130.7 $129.1 QoQ Highlights & Outlook $2.9 $2.4 $2.0 $7.3 $7.6 $7.5 • Avg and ending deposits decreased modestly, primarily $39.7 $40.1 $39.5 reflecting activity from a few lar
Slide 5: NII & Margin Performance
NII & Margin Performance Well protected NII & margin; growth from balance sheet repricing and expansion FTE NII and NIM ($ in millions) 3Q NII and NIM Drivers $1,269 $1,291 $1,314 NII increased 2% QoQ; NIM increased 2bps to 3.68% • Positioned well to benefit from elevated/increasing long-term 3.66%
Slide 6: Non-Interest Income
Non-Interest Income Non-Interest Income Adj. Non-Interest Income(1) QoQ Highlights & Outlook ($ in millions) ($ in millions) $675 $684 $670 $690 $659 $630 • NIR increased 7% on a reported basis and 3% on an adjusted(1) basis • Record Capital Markets revenue (Ex CVA/DVA) increased 23%, driven by stro
Slide 7: Non-Interest Expense
Non-Interest Expense Non-Interest Expense Adj. Non-Interest Expense(1) ($ in millions) ($ in millions) $1,103 $1,121 $1,118 $1,111 $1,116 $1,118 QoQ Highlights & Outlook • NIE was relatively stable on both a reported and adjusted(1) basis 57.2% 58.3% 56.9% 56.9% 56.2% 55.8% • S&B remained well contr
Slide 8: Asset Quality
Asset Quality Trends reflecting strength and resiliency of customer base Net Charge-Offs(1) Non-Performing Loans (NPLs)(1) $135 $758 $668 $102 $585 0.55% $72 0.42% 0.29% 0.79% 0.67% 0.59% 3Q25 2Q26 3Q26 3Q25 2Q26 3Q26 NCOs NCOs Ratio NPLs - excluding LHFS NPL/Loans Allowance for Credit Losses (ACL)(
Slide 9: Capital and Liquidity
Capital and Liquidity Disciplined capital management supports growth and shareholder returns Tier 1 Capital Ratio(1) 12.0% 11.8% 11.9% QoQ Highlights & Outlook 3Q25 2Q26 3Q26 • Declared 3Q common dividends of $255M and executed $95M in share repurchases Common Equity Tier 1 Ratio(1) • Dividend payou
Slide 10: Capital Flexibility
Capital Flexibility Consistent, sustainable capital generation and expected regulatory changes support capital levels Capital Management Capital Generation - Current Framework (1) • Regions continues to demonstrate strong organic capital generation • Basel III Endgame expected to incorporate AOCI in
Slide 11: 2026 Expectations
2026 Expectations FY 2026 Expectations Net Interest Income up 2.5 – 4%(3) Expectations for 4Q26 & FY26 (vs. 2025 of $4,991) up 3 – 5%(2) • 4Q26 NII expected to increase 1 – Adjusted Non-Interest Income (vs. adjusted 2025 total of $2,585)(1) (Expect to be toward lower end) 2% vs 3Q26(3) Adjusted Non-
Slide 12: Appendix
Appendix
Slide 13: Growth in Digital
Growth in Digital Digital Usage Transactions Customer Satisfaction Consumer Checking Account Acquisitions Mobile Banking Active Users (Millions)(1) by Channel(4) Mobile App +5% Average 4.9 out 1% 1% 1% of 5 rating from 2.73 2.75 iOS app store 2.61 79% 68% 69% Digital users Branch Contact Center 20%
Slide 14: Investments in Our Businesses
Investments in Our Businesses Investments in talent, technology and strategic acquisitions continue to pay off Corporate Consumer Wealth • Grew average loan balances 6% YoY in 3Q26, with • Maintained competitive deposit rates driving commitments up 6% YoY, reflecting momentum in balance growth of 1%
Slide 15: Hedging Strategy Update
Hedging Strategy Update Mostly "neutral" rate risk position protects margin & decreases capital volatility over time Asset Hedge Notional Receive-Fixed, Cash Flow Swaps - (Quarterly Avg) (Annual Avg) Loans Pay-Fixed, Fair Value Swaps - AFS Securities Net Asset Swap Position(1) Cash Flow Collars - Lo
Slide 16: Securities Portfolio
Securities Portfolio Provides downside rate protection/liquidity Securities Portfolio Composition(1) • Portfolio constructed to protect against changes in market Corporate Bonds 1% HTM, 16% rates Agency/UST 8% Agency CMBS ◦ Duration of ~3.8 years (AFS ~3.5 years) as of 9/30/2026; 21% provides offset
Slide 17: Historical Credit Profile
Historical Credit Profile Total Net Charge-Offs 2.00% 1.50% Average Pre-Pandemic Average Pandemic Average Post-Pandemic 0.46% 0.35% 0.46% 1.00% 0.50% 0.29% —% 13 2 0 22 2 6 1Q 1Q 4Q 3Q Non-Performing Loans 2.50% 2.00% Average Pre-Pandemic Average Pandemic Average Post-Pandemic 1.07% 0.64% 0.75% 1.50
Slide 18: Historical Credit Profile
Historical Credit Profile Commercial Net Charge-Offs(1) 1.00% Average Pre-Pandemic Average Pandemic Average Post-Pandemic 0.27% 0.25% 0.35% 0.50% 0.14% —% 13 2 0 22 26 1Q 1Q 4Q 3Q Consumer Net Charge-Offs(2) 3.50% Average Pre-Pandemic Average Pandemic Average Post-Pandemic 3.00% 0.78% 0.53% 0.67% 2.
Slide 19: Commercial Real Estate
Commercial Real Estate (Outstanding balances as of September 30, 2026) Highly Diversified Portfolio Key Portfolio Metrics REITs within Total: (IRE including Unsecured CRE) • Unsecured loans for RE purposes generally have low Data Center Diversified Retail leverage, with strong access to liquidity 15
Slide 20: CRE- Office Portfolio
CRE- Office Portfolio (Outstanding balances as of September 30, 2026) Key Portfolio Metrics(1) Investor Real Estate Office Portfolio Overview Balances $773 18% % of Total Loans 0.8% 20% NPL $134 56% 44% 82% NPL / Loans 17.3% 80% Charge-offs $1 Class A Class B Multi-Tenant Single Tenant Suburban Urba
Slide 21: Transportation - Trucking
Transportation - Trucking (Outstanding balances as of September 30, 2026) Key Portfolio Metrics(1) Ongoing Portfolio Surveillance Balances $1,020 • The Trucking market continues to be driven by carrier exits, driver shortages, and regulatory pressures, resulting in higher spot rates and improving ca
Slide 22: Consumer Lending Portfolio
Consumer Lending Portfolio Consumer FICO Scores(1) • Consumer Credit Card Home Equity • Avg. origination FICO 776 • Avg. origination FICO 763 2% 2% 2% • Avg. new line $10,301 • Current LTV 39% • 3Q26 Yield 13.58% • 55% of portfolio is 1st lien • 3Q26 QTD NCO 3.85% • Avg. loan size $36,484 68% 78% 81
Slide 23: NDFI & Private Credit - Stable Composition and Solid Credit Quality
NDFI & Private Credit - Stable Composition and Solid Credit Quality Diversified, investment-grade portfolios aligned with Regions' core markets and industries Consumer Credit & Mortgage Intermediaries (5%) Private Equity Subscription Lines (14%) $654 Specialty Finance Companies (26%) Business Credit
Slide 24: Allowance for Credit Losses
Allowance for Credit Losses QoQ Highlights ($ in millions) • 3Q allowance was essentially flat compared to the prior quarter, decreasing $4M and resulting in a $68M provision expense. The slight decrease in the ACL and an increase in $1,613 $9 $3 $1,609 loan balances resulted in a reduction in the A
Slide 25: Base R&S Economic Outlook
Base R&S Economic Outlook (As of September 2026) Pre-R&S period 3Q2026 4Q2026 1Q2027 2Q2027 3Q2027 4Q2027 1Q2028 2Q2028 3Q2028 Real GDP, annualized % change 2.5 % 2.2 % 2.1 % 2.6 % 2.4 % 2.3 % 2.4 % 2.3 % 2.3 % Unemployment rate 4.1 % 4.2 % 4.2 % 4.1 % 4.1 % 4.1 % 4.1 % 4.0 % 4.0 % HPI, year-over-ye
Slide 26: Allowance Allocation
Allowance Allocation As of 9/30/2026 (in millions) Loan Balance ACL ACL/Loans C&I $52,409 $669 1.28 % CRE-OO mortgage 5,072 107 2.11 % CRE-OO construction 296 6 2.01 % Total commercial $57,777 $782 1.35 % IRE mortgage 8,159 148 1.82 % IRE construction 2,052 29 1.43 % Total IRE $10,211 $177 1.74 % Re
Slide 27: Non-GAAP Information
Non-GAAP Information Management uses pre-tax pre-provision income (non-GAAP), adjusted pre-tax pre-provision income (non-GAAP), the adjusted efficiency ratio (non-GAAP), the adjusted fee income ratio (non-GAAP), return on average tangible common shareholders' equity (non-GAAP), adjusted return on av
Slide 28: Non-GAAP Reconciliation
Non-GAAP Reconciliation Tangible Common Ratios As of and for Quarter Ended ($ amounts in millions, except per share data) 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 TANGIBLE COMMON RATIOS Shareholders’ equity (GAAP) A $ 17,847 $ 18,840 $ 18,779 $ 19,043 $ 19,049 Less: Preferred stock (GAAP)
Slide 29: Non-GAAP Reconciliation
Non-GAAP Reconciliation Net Income Available to Common Shareholders, Adjusted Diluted EPS, and Return Ratios Quarter Ended ($ amounts in millions) 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 3Q26 vs. 2Q26 3Q26 vs. 3Q25 Net income available to common shareholders (GAAP) A $ 611 $ 549 $ 539 $ 5
Slide 30: Non-GAAP Reconciliation
Non-GAAP Reconciliation Pre-Tax Pre-Provision Income (PPI) Quarter Ended ($ amounts in millions) 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 3Q26 vs. 2Q26 3Q26 vs. 3Q25 Net income available to common shareholders (GAAP) $ 611 $ 549 $ 539 $ 514 $ 548 $ 62 11.3 % $ 63 11.5 % Preferred dividends
Slide 31: Non-GAAP Reconciliation
Non-GAAP Reconciliation NII, Non-Interest Income/Expense, and Efficiency Ratio Quarter Ended ($ amounts in millions) 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 3Q26 vs. 2Q26 3Q26 vs. 3Q25 Non-interest expense (GAAP) A $ 1,118 $ 1,121 $ 1,068 $ 1,098 $ 1,103 $ (3) (0.3) % $ 15 1.4 % Adjustmen
Slide 32: Non-GAAP Reconciliation
Non-GAAP Reconciliation Non-Interest Expense Twelve Months Ended December 31 ($ amounts in millions) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Non-interest expense (GAAP) $ 4,313 $ 4,242 $ 4,416 $ 4,068 $ 3,747 $ 3,643 $ 3,489 $ 3,570 $ 3,491 $ 3,483 Adjustments: FDIC insurance special asses
Slide 33: Non-GAAP Reconciliation
Non-GAAP Reconciliation CET1- inclusive of AOCI and estimated adjustments to risk-weighted assets Quarter Ended ($ amounts in millions) 9/30/2026 CET1 RATIOS Common Equity Tier 1(1) A $ 13,968 Adjustments: AOCI gain (loss) on securities(2) (1,889) AOCI gain (loss) on defined benefit pension plans an
Slide 34: Forward-Looking Statements
Forward-Looking Statements Forward-Looking Statements This presentation, the related earnings release, and the accompanying earnings call may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. In addition, the company, through its senior management
Slide 35: Forward-Looking Statements (continued)
Forward-Looking Statements (continued) • Weather-related events, pandemics and other natural or man-made disasters could cause a disruption in our operations or lead to other consequences that could adversely impact our financial results and condition. These impacts could be intensified by climate c
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