Regions Financial Corporation · NYSE:RF
Regions Financial — Investor Presentation (2026)
14 slides from Regions Financial's investor presentation, Jan 23, 2026
Slide 1: Regions Asset Management 2026 Capital Market Expectations
Regions Asset Management 2026 Capital Market Expectations (CME’s) Geopolitical Risks And Midterm Election Year Doldrums Present Headwinds, But Pro-Growth Policies Should Win Out Powered By Multi-Asset Solutions (MAS) Internal Use
Slide 2: 2026 Capital Market Expectations Summary
2026 Capital Market Expectations Summary Stocks: Our return expectations for U.S. large cap stocks were unchanged year 10-Year Expected Year-Over-Year 10-Year Expected over year, but our return assumptions for U.S. SMid, international developed, and emerging market stocks moved lower, albeit by just
Slide 3: Revisiting, And Reaffirming 2025's Themes
Revisiting, And Reaffirming 2025’s Themes 1) Exceptionalism Will Attract Capital Into U.S. Stocks, Generating Continued 1) Reaffirmed: Developed markets abroad performed well in the first half of 2025 as capital Strong Relative Performance. moved out of the U.S. due to concerns that tariffs would re
Slide 4: New Themes To Monitor For 2026, And Potentially Beyond
New Themes To Monitor For 2026, And Potentially Beyond Potentially A Strong Start For U.S. Emerging Over Developed Abroad: Growth, Inflation, Fiscal Spending Stocks Followed By A More Emerging Markets With More Dynamics Could Make For Tougher Defensive Posture Into Midterms Powerful Potential Tailwi
Slide 5: U.S. Stocks: Potentially A Strong Start Followed By A More Defensive Posture Into Midterms
U.S. Stocks: Potentially A Strong Start Followed By A More Defensive Posture Into Midterms Tailwinds Early In ‘26, But The Back-Half Of The Year Could Prove More Challenging Earnings Growth To Drive Gains Across The Market Cap Spectrum U.S. stocks appear set for a strong start to the new year. After
Slide 6: Favor Emerging Over Developed When Allocating Capital Abroad
Favor Emerging Over Developed When Allocating Capital Abroad Fiscal Spending, Valuations Supportive Of Developed, But Emerging Markets Have An Earnings Advantage Multiple Expansion & Earnings Growth Have Been Difficult To Sustain In Foreign Developed Stocks Radical, and largely unexpected shifts in
Slide 7: Interest Rate Volatility, More Muted Returns Lie Ahead For Bonds
Interest Rate Volatility, More Muted Returns Lie Ahead For Bonds Fiscal Spending A Headwind For Sovereigns, Improved Growth Outlook An Offset Increased Government Spending Will Keep Upward Pressure On Yields Expansionary fiscal policy will be a worldwide phenomenon in 2026 as many countries (Indexed
Slide 8: The Consensus View Entering 2026 Vs. Our Own
The Consensus View Entering 2026 Vs. Our Own 1) The Consensus View: Another positive year lies ahead for the S&P 500. › The Regions View: This appears to be the most widely held consensus view coming from sell-side strategists. S&P 500 price targets range from 7,100 to 8,100 for year-end 2026, with
Slide 9: Revisiting Prior Assumptions: The 7-Year Lookback (2019-2025)
Revisiting Prior Assumptions: The 7-Year Lookback (2019-2025) › Domestic Stocks: Both U.S. large cap and U.S. small and mid-cap (SMid) stocks have easily exceeded the return expectations we laid for seven years ago. The S&P 500 has bested our expectation by over 11% on an annualized basis as valuati
Slide 10: Executive Summary
Executive Summary › U.S. large-cap stocks had another good year in 2025 with the S&P 500 higher by 17.3% on a total return basis, and we expect another year of gains Authors ahead, driven in large part by earnings growth. The current consensus estimate calls for the S&P 500 to generate $310 per shar
Slide 11: CME Building Blocks
CME Building Blocks Equity Fixed Income Equity Earnings Expected Expectations Fixed Income Current Yield- Change in Expected Expected Growth Dividend Yield for Valuation Expected To-Worst Default Base Return Expectations Expansion Or Return Expectations Currency Contraction Gain/Loss (USD) › Equity
Slide 12: Capital Market Expectations: Long Term Return Outlook
Capital Market Expectations: Long Term Return Outlook 10 Year Return (X-Axis) & Volatility (Y-Axis) Forecast Fiscal & Monetary Policy Prompting Risk Assets Higher 8.00% Emerging Equities Intl Developed Equities Domestic SMID 7.00% Private Alts (HFRI) High Yield 6.00% Domestic Large Cap Liquid Alts (
Slide 13: Appendix: Asset Class Statistics (Simulated)
Appendix Asset Class Statistics (Simulated) Asset Classes Arithmetic Mean Geometric Mean Standard Deviation CVaR Cutoff 5.0% DS 5.9 5.8 5.9 6.6 Equity 8.3 6.9 16.7 24.5 Taxable FI 4.6 4.5 4.4 4.8 Tax Exempt FI 4.0 3.9 4.3 5.1 Correlations DS Equity Taxable FI Tax Exempt FI DS 1 0.59 0.19 0.17 Equity
Slide 14: Important Disclosure
Important Disclosure This proposal is intended for the sole use of the prospective client herein named and is not to be distributed to any other party. The proposal is intended to provide the client general information about Regions Institutional Services. The proposal response is not intended to pr