Regions Financial (RF) Q2 2026 earnings summary

Executive summary

• Reported Q2 2026 net income of $549M ($0.64 EPS); adjusted net income $583M ($0.68 EPS), up 13% year-over-year.

• Achieved record Wealth Management income, robust loan growth, and strong core business momentum.

• Performance driven by disciplined execution, technology investments, and digital leadership, including top JD Power rankings.

• Expanded capital markets capabilities through the acquisition of The Frazer Lanier Company.

• Credit performance improved with lower net charge-offs and reductions in criticized and non-performing loans.

Financial highlights

• Total revenue reached $1,907M ($1,947M adjusted); pre-tax pre-provision income was $831M adjusted.

• Net interest income rose 2% sequentially to $1,291M; net interest margin at 3.66%.

• Adjusted non-interest income up 7% quarter-over-quarter, led by record Wealth Management and higher card/ATM fees.

• Adjusted non-interest expense increased 4-5% quarter-over-quarter, mainly due to higher salaries and benefits.

• Efficiency ratio was 58.3% (56.9% adjusted); return on average tangible common equity was 20.18% (adjusted).

Outlook and guidance

• FY26 net interest income expected to grow 2.5%-4%; non-interest income 3%-5%, trending to the low end.

• Adjusted non-interest expense expected to rise 1.5%-3.5% for the year.

• Net interest margin expected to exit 2026 at ~3.7%.

• Full-year average loan and deposit growth projected in low single digits versus 2025.

• Net charge-offs guided to 40-50 bps for 2026.