Regions Declares Quarterly Cash Dividend on Common and Preferred Shares

BIRMINGHAM, Ala.--(BUSINESS WIRE)--

The Regions Financial Corporation (NYSE: RF) Board of Directors today declared the following cash dividends on its common shares, Series A preferred shares, and Series B preferred shares:

• A quarterly cash dividend of $0.05 on each share of outstanding common stock of the Company, payable April 1, 2015, to stockholders of record at the close of business on March 13, 2015.
• A quarterly cash dividend of $15.9375 per share (equivalent to approximately $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series A. Each outstanding share of the Series A Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series A Preferred Stock. The dividend will be paid on March 16, 2015, to stockholders of record at the close of business on March 2, 2015.
• A quarterly cash dividend of $15.9375 per share (equivalent to approximately $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series B. Each outstanding share of the Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series B Preferred Stock. The dividend will be paid on March 16, 2015, to stockholders of record at the close of business on March 2, 2015.

About Regions Financial Corporation

Regions Financial Corporation (NYSE: RF), with $120 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,650 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.