Regions Financial (RF) Economic Moat Analysis56

Evidence

...Resulting in one of the highest mix of FDIC insured deposits amongst peers % of Total Deposits Insured By FDIC(1)% of Total Deposits Balance in Accounts Less than $250k(1) Regions holds a larger proportion of smaller deposit balance accounts when compared to the industry...

Deposit Advantage: issuer comparison of insured and smaller-account deposits · Filed 07/08/2026

peers (1) As of 6/30/2026. Source: Bank Call Reports / SEC filings.

Deposit Advantage: June 30, 2026 comparison date and underlying source · Filed 07/08/2026

Peers include CFG, FITB, FCNCA, FHN, HWC, HBAN, KEY, MTB, SSB, PNC, TFC, USB, ZION.

Deposit Advantage: named peer set · Filed 07/08/2026

◼Demonstrated above-median organic loan and deposit growth compared to peers over the past five years

2026 proxy: issuer-reported five-year organic loan and deposit growth comparison · Filed 23/03/2026

Table 18—Consolidated Average Daily Balances and Yield/Rate Analysis Three Months Ended June 30 2026 2025 Average Balance Income/ Expense Yield/ Rate (1) Average Balance Income/ Expense Yield/ Rate (1) (Dollars in millions; yields on taxable-equivalent basis) Assets Earning assets: Federal funds sold and securities purchased under agreements to resell $ — $ — — % $ 1 $ — 4.44 % Debt securities (2)(3) 33,286 305 3.66 32,882 286 3.48 Loans held for sale 512 8 6.16 500 9 7.14 Loans, net of unearned income (4)(5) 98,722 1,365 5.50 96,077 1,389 5.75 Interest-bearing deposits in other banks 7,291 69 3.78 8,737 97 4.49 Other earning assets 1,526 15 4.06 1,466 15 3.96 Total earning assets 141,337 1,762 4.96 139,663 1,796 5.12 Unrealized gains/(losses) on securities available for sale, net (2) (769) (1,348) Allowance for loan losses (1,533) (1,643) Cash and due from banks 3,247 2,893 Other non-earning assets 18,955 18,409 $ 161,237 $ 157,974 Liabilities and Shareholders’ Equity Interest-bearing liabilities: Savings $ 12,355 4 0.12 $ 12,300 4 0.13 Interest-bearing checking 25,121 74 1.17 24,865 88 1.41 Money market 40,382 209 2.07 37,389 220 2.37 Time deposits 13,095 98 3.02 15,334 135 3.52 Total interest-bearing deposits (6) 90,953 385 1.69 89,888 447 1.99 Federal funds purchased and securities sold under agreements to repurchase 1,096 9 3.64 80 1 4.40 Other short-term borrowings 2,592 25 3.81 — — — Long-term borrowings 3,617 52 5.69 5,660 77 5.36 Total interest-bearing liabilities 98,258 471 1.92 95,628 525 2.20 Non-interest-bearing deposits (6) 39,738 — — 39,556 — — Total funding sources 137,996 471 1.37 135,184 525 1.55 Net interest spread (2) 3.04 2.92 Other liabilities 4,500 4,403 Shareholders’ equity 18,676 18,350 Noncontrolling interest 65 37 $ 161,237 $ 157,974 Net interest income /margin on a taxable-equivalent basis (7) $ 1,291 3.66 % $ 1,271 3.65 % _______ (1)Amounts have been calculated using whole dollar values and the prevailing interest accrual methodology.

Table 18: second-quarter average daily balances, recognized interest expense and annualized rates · Filed 06/08/2026

Financial Highlights Soundness Quarter Ended •Low-cost deposit base continued to deliver peer-leading interest-bearing deposit costs of 1.70% in 3Q26

Third-quarter financial highlights: deposit cost and issuer peer-leading characterization · Filed 16/10/2026

2Q26 3Q26 vs. 3Q25 Total interest-bearing deposits $ 89,364 $ 90,953 $ 90,037 $ (1,589) (1.7)% $ (673) (0.7)% Non-interest-bearing deposits 39,776 39,738 39,538 38 0.1% 238 0.6% Total Deposits $ 129,140 $ 130,691 $ 129,575 $ (1,551) (1.2)% $ (435) (0.3)% ($ amounts in millions) 3Q26 2Q26 3Q25 3Q26 vs.

Third-quarter average deposits: interest-bearing, non-interest-bearing and total changes · Filed 16/10/2026

2.61 2.73 2.75 3Q24 3Q25 3Q26 4.78 5.76 7.19 3Q24 3Q25 3Q26 190 204 231 3Q24 3Q25 3Q26 24% 23% 24% 32% 33% 34% 44% 44% 42% Mobile ATM Branch 3Q24 3Q25 3Q26 75% 78% 81% 25% 22% 19% 3Q24 3Q25 3Q26 Growth in Digital Mobile Banking Log-Ins (Millions) Customer Transactions(2)(3) Deposit Transactions by Channel Mobile Banking Active Users (Millions)(1) Digital Non-Digital +50%+22% 20% 31% 30% 79% 68% 69% 1% 1% 1% Digital Branch Contact Center 3Q24 3Q25 3Q26 Consumer Checking Account Acquisitions by Channel(4) Customer Satisfaction Zelle Transactions (Millions) TransactionsDigital Usage +5% Mobile App Online Banking(5) #1 in Customer Satisfaction for Regional Bank Websites for six of the last seven years and #2 in Customer Satisfaction with Mobile Banking Apps among Regional Banks Average 4.9 out of 5 rating from iOS app store users New Native Mobile App launched.

Third-quarter presentation: digital users, activity and customer satisfaction · Filed 16/10/2026

13 (1) Total number of unique customers who have successfully authenticated and logged into the mobile app at least once within the last 90 days of the quarter.

Digital activity footnote: definition of active mobile users · Filed 16/10/2026

4 QoQ Highlights & Outlook • Avg and ending deposits decreased modestly, primarily reflecting activity from a few large commercial relationships and expected seasonal public funds outflows • Underlying commercial trends remain healthy, supported by growth in new accounts and commercial non-interest- bearing balances ◦ Continue to manage ~$16B of excess commercial client balances through highly-liquid off-balance sheet investment solutions • Retail deposits performed as expected, with new account growth partially offset by expected seasonal spending patterns • Deposit costs remained well controlled through disciplined pricing and active balance sheet management • NIB mix remained stable in the low 30% range • Continue to expect FY26 avg balances to be up low single digits compared to FY25 $130.3 $130.7 $129.5 $79.7 $81.0 $81.0 $40.4 $40.0 $39.3 $7.6 $7.4 $7.4 $2.6 $2.3 $1.8 3Q25 2Q26 3Q26 $129.6 $130.7 $129.1 $79.7 $80.6 $80.1 $39.7 $40.1 $39.5 $7.3 $7.6 $7.5 $2.9 $2.4 $2.0 1.39% 1.18% 1.17% 3Q25 2Q26 3Q26 (1) Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, Eurodollar trade deposits, selected deposits and brokered time deposits).

Third-quarter deposit presentation: balances, funding mix and management explanations · Filed 16/10/2026

In our market areas, we face competition from other commercial banks, savings and loan associations, credit unions, internet banks, fintechs, finance companies, mutual funds, insurance companies, brokerage and investment banking firms, mortgage companies and other financial intermediaries that offer similar services.

Annual report competition: providers offering similar services · Filed 24/02/2026

Regions’ ability to compete in the deposit market depends heavily on the pricing of its deposits and how effectively the Company meets customers’ needs.

Deposit competition: dependence on pricing and meeting customer needs · Filed 06/08/2026

(4)The fair value of non-interest-bearing deposit accounts, interest-bearing checking accounts, savings accounts, and money market accounts is the amount payable on demand at the reporting date (i.e., the carrying amount) as these instruments have an indeterminate maturity date.

Financial instruments footnote: deposits payable on demand · Filed 06/08/2026

Financial Supplement (unaudited) to Third Quarter 2026 Earnings Release Consolidated Balance Sheets As of ($ amounts in millions) 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 Assets: Cash and due from banks $ 2,867 $ 3,177 $ 3,445 $ 3,112 $ 3,073 Interest-bearing deposits in other banks 7,462 6,749 7,698 7,795 9,026 Debt securities held to maturity 5,062 5,271 5,434 5,606 5,769 Debt securities available for sale 26,389 27,388 27,419 27,560 26,886 Loans held for sale 491 591 464 511 573 Loans, net of unearned income 99,827 99,200 97,926 95,637 96,125 Allowance for loan losses (1,489) (1,489) (1,527) (1,556) (1,581) Net loans 98,338 97,711 96,399 94,081 94,544 Other earning assets 1,829 1,574 1,635 1,703 1,513 Premises and equipment, net 1,708 1,704 1,666 1,659 1,742 Interest receivable 506 495 569 571 574 Goodwill 5,748 5,733 5,733 5,733 5,733 Residential mortgage servicing rights at fair value (MSRs) 1,195 958 954 970 976 Other identifiable intangible assets, net 120 126 133 140 146 Other assets 11,498 9,822 9,192 9,373 9,385 Total assets $ 163,213 $ 161,299 $ 160,741 $ 158,814 $ 159,940 Liabilities and Equity: Deposits: Non-interest-bearing $ 40,783 $ 40,538 $ 40,062 $ 39,530 $ 39,768 Interest-bearing 88,727 90,172 91,818 91,598 90,566 Total deposits 129,510 130,710 131,880 131,128 130,334 Borrowed funds: Federal funds purchased and securities sold under agreements to repurchase 500 200 1,200 — — Other short-term borrowings 4,000 2,800 2,000 750 1,300 Short-term borrowings 4,500 3,000 3,200 750 1,300 Long-term borrowings 5,982 4,628 3,137 4,134 4,785 Other liabilities 5,255 4,050 3,680 3,699 4,426 Total liabilities 145,247 142,388 141,897 139,711 140,845 Equity: Preferred stock, non-cumulative perpetual 1,369 1,369 1,369 1,369 1,369 Common stock 9 9 9 9 9 Additional paid-in capital 9,841 9,915 9,973 10,366 10,780 Retained earnings 11,196 10,840 10,517 10,205 9,922 Treasury stock, at cost (1,371) (1,371) (1,371) (1,371) (1,371) Accumulated other comprehensive income (loss), net (3,197) (1,922) (1,718) (1,535) (1,660) Total shareholders’ equity 17,847 18,840 18,779 19,043 19,049 Noncontrolling interest 119 71 65 60 46 Total equity 17,966 18,911 18,844 19,103 19,095 Total liabilities and equity $ 163,213 $ 161,299 $ 160,741 $ 158,814 $ 159,940 3 Regions Financial Corporation and Subsidiaries

Third-quarter consolidated balance sheets: funding, AOCI and equity through September 30, 2026 · Filed 16/10/2026

5 • 4Q26 NII expected to increase 1 – 2%(5) vs 3Q26, supported by higher rates, structural repricing, deposit cost discipline, balance sheet growth, and the seasonal HR asset dividend • 4Q26 NIM expected to be ~3.70% $1,277 $1,298 NII & Margin Performance Well protected NII & margin; growth from balance sheet repricing and expansion $1,269 $1,291 $1,314 3.59% 3.66% 3.68% 3Q25 2Q26 3Q26 NII NIM FTE NII and NIM ($ in millions) NII Attribution ($ in millions) 2Q26 Fixed Asset Turnover(1) Days Higher Hedge Rates Other(2) Loan Balances Securities Reposition(3) Funding Mix 3Q26 NII +$10M +$6M +$4M +$3M +$2M +$2M -$6M +$21M NIM +3bps -2bps +1bp +2bps -1bp +1bp -2bps +2bps 4Q 2026 Expecations NII increased 2% QoQ; NIM increased 2bps to 3.68% • Positioned well to benefit from elevated/increasing long-term interest rates through fixed-rate asset turnover ◦ Higher long-term rates enhanced the NII benefit from fixed- rate asset turnover relative to 2Q(4) ◦ Sold ~$845M of Agency CMBS/CMOs at $15M pre-tax loss; reinvested proceeds in Agency MBS at higher market yields • Higher hedge receive rate; legacy maturities replaced by forward starting swaps • Mostly stable deposit cost QoQ driven by disciplined deposit cost management ◦ 3Q interest-bearing deposit cost +1bps QoQ ◦ Expect terminal rising rate beta of mid/high 30%s, supporting a neutral short-term rate risk position 3Q NII and NIM Drivers (1) Fixed rate asset turnover includes the benefits of loan and securities production at higher market rates than maturities and securities premium amortization net discount accretion.

Third-quarter NII and NIM drivers: pricing, funding mix, hedges and securities repositioning · Filed 16/10/2026

This is the result of approximately half of the loan portfolio floating contractually with market rate indices, and funding from a large, mostly stable retail deposit portfolio.

First-quarter interest-rate discussion: contractual floating-rate loans and retail deposits · Filed 07/05/2026

As of and for Quarter Ended 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 Return on average assets* (1) 1.55 % 1.42 % 1.42 % 1.34 % 1.42 % Return on average common shareholders' equity* 14.16 % 12.73 % 12.35 % 11.58 % 12.56 % Return on average tangible common shareholders’ equity (non-GAAP)* (2) 21.27 % 19.01 % 18.26 % 17.17 % 18.81 % Adjusted return on average tangible common shareholders' equity (non-GAAP) *(2) 21.66 % 20.18 % 18.26 % 16.84 % 19.24 % Efficiency ratio 56.2 % 58.3 % 56.6 % 56.8 % 57.2 % Adjusted efficiency ratio (non-GAAP) (2) 55.8 % 56.9 % 56.6 % 57.5 % 56.9 % Dividend payout ratio (3) 41.8 % 41.2 % 42.3 % 44.8 % 43.0 % Common book value per share $ 19.38 $ 20.48 $ 20.39 $ 20.36 $ 19.98 Tangible common book value per share (non-GAAP) (2) $ 12.65 $ 13.78 $ 13.69 $ 13.75 $ 13.49 Total shareholders' equity to total assets 10.93 % 11.68 % 11.68 % 11.99 % 11.91 % Tangible common shareholders’ equity to tangible assets (non-GAAP) (2) 6.83 % 7.55 % 7.54 % 7.80 % 7.74 % Common Equity Tier 1 (4) $ 13,968 $ 13,692 $ 13,419 $ 13,490 $ 13,620 Total risk-weighted assets (4) $ 129,237 $ 127,748 $ 125,682 $ 123,882 $ 125,386 Common Equity Tier 1 ratio (4) 10.8 % 10.7 % 10.7 % 10.9 % 10.9 % Tier 1 capital ratio (4) 11.9 % 11.8 % 11.8 % 12.0 % 12.0 % Total risk-based capital ratio (4) 13.7 % 13.7 % 13.6 % 13.9 % 13.8 % Leverage ratio (4) 9.8 % 9.7 % 9.6 % 9.7 % 9.7 % Effective tax rate 19.8 % 20.7 % 21.6 % 24.5 % 19.7 % Allowance for credit losses as a percentage of loans, net of unearned income 1.61 % 1.63 % 1.68 % 1.76 % 1.78 % Allowance for credit losses to non-performing loans, excluding loans held for sale 275 % 241 % 238 % 242 % 226 % Net interest margin (FTE)* 3.68 % 3.66 % 3.67 % 3.70 % 3.59 % Loans, net of unearned income, to total deposits 77.1 % 75.9 % 74.3 % 72.9 % 73.8 % Net charge-offs as a percentage of average loans* 0.29 % 0.42 % 0.54 % 0.59 % 0.55 % Business criticized loans to total business loans 4.71 % 5.01 % 5.15 % 5.31 % 5.81 % Non-performing loans, excluding loans held for sale, as a percentage of loans 0.59 % 0.67 % 0.71 % 0.73 % 0.79 % Non-performing assets (excluding loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale 0.62 % 0.69 % 0.73 % 0.75 % 0.82 % Non-performing assets (including loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale (5) 0.78 % 0.85 % 0.90 % 0.94 %

Third-quarter selected ratios: returns, capital, margins and credit quality · Filed 16/10/2026

% 5.01 % 5.15 % 5.31 % 5.81 % Non-performing loans, excluding loans held for sale, as a percentage of loans 0.59 % 0.67 % 0.71 % 0.73 % 0.79 % Non-performing assets (excluding loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale 0.62 % 0.69 % 0.73 % 0.75 % 0.82 % Non-performing assets (including loans 90 days past due) as a percentage of loans, foreclosed properties, and non-performing loans held for sale (5) 0.78 % 0.85 % 0.90 % 0.94 % 0.98 % Associate headcount—full-time equivalent 19,968 20,003 19,910 19,969 19,675 ATMs 1,775 1,777 1,779 1,786 1,874 Branch Statistics Full service 1,221 1,221 1,221 1,222 1,223 Drive-through/transaction service only 25 25 25 25 25 Total branch outlets 1,246 1,246 1,246 1,247 1,248 *Annualized (1)Calculated by dividing net income by average assets.

Selected-ratio continuation: annualization convention and return-on-assets definition · Filed 16/10/2026

(4)Current quarter Common equity Tier 1, Total risk-weighted assets, Tier 1 capital, Total risk-based capital and Leverage ratios are estimated.

Selected-ratio footnote: current-quarter regulatory capital estimates · Filed 16/10/2026

(3)Dividend payout ratio reflects dividends declared within the applicable period.

Selected-ratio footnote: dividend payout uses dividends declared · Filed 16/10/2026

Table 16—Regulatory Capital Requirements June 30, 2026 Ratio(1) December 31, 2025 Ratio Minimum Requirement Minimum Requirement plus SCB (2) To Be Well Capitalized Common equity Tier 1 capital: Regions Financial Corporation 10.72 % 10.89 % 4.50 % 7.00 % N/A Regions Bank 11.58 11.72 4.50 7.00 6.50 % Tier 1 capital: Regions Financial Corporation 11.79 % 11.99 % 6.00 % 8.50 % 6.00 % Regions Bank 11.58 11.72 6.00 8.50 8.00 Total capital: Regions Financial Corporation 13.66 % 13.89 % 8.00 % 10.50 % 10.00 % Regions Bank 13.22 13.37 8.00 10.50 10.00 Leverage capital: Regions Financial Corporation 9.65 % 9.68 % 4.00 % 4.00 % N/A Regions Bank 9.50 9.48 4.00 4.00 5.00 % ___ (1) The current quarter Basel III CET1 capital, Tier 1 capital, Total capital, and Leverage capital ratios are estimated.

Table 16: regulatory capital ratios, applicable requirements and estimation footnote · Filed 06/08/2026

Accordingly, Regions' SCB will remain floored at 2.5 percent through the third quarter of 2027.

Regulatory capital: 2.5 percent stress capital buffer through third-quarter 2027 · Filed 06/08/2026

In the second quarter of 2026, the FRB released the results of its annual stress test, which indicated that Regions exceeded all minimum capital requirements.

Regulatory capital: disclosed 2026 Federal Reserve stress-test result · Filed 06/08/2026

9 QoQ Highlights & Outlook • Declared 3Q common dividends of $255M and executed $95M in share repurchases • Dividend payout target of 40-50% of earnings • Common book value per share of $19.38 and tangible common book value per share of $12.65 • Total Liquidity Sources well above required levels as informed by internal liquidity stress testing • Including capacity at the discount window, liquidity to uninsured deposits ratio is ~170%(4) 10.9% 10.7% 10.8% 3Q25 2Q26 3Q26 Capital and Liquidity Disciplined capital management supports growth and shareholder returns 12.0% 11.8% 11.9% 3Q25 2Q26 3Q26 Tier 1 Capital Ratio(1) Common Equity Tier 1 Ratio(1) Position ($B) as of 3Q25 2Q26 3Q26 Cash at the Federal Reserve(2) $ 9.0 $ 6.5 $ 7.4 Unencumbered Investment Securities(3) 26.2 26.3 25.1 Federal Home Loan Bank Availability 10.2 9.8 6.9 Discount Window Availability 23.1 25.9 24.8 Total $ 68.5 $ 68.5 $ 64.2 (1) Current quarter ratios are estimated.

Third-quarter capital and liquidity: distributions and available liquidity components · Filed 16/10/2026

(3) Unencumbered Investment Securities comprise securities that are eligible as collateral for secured transactions through market channels or are eligible to be pledged to the Federal Home Loan Bank, the Federal Reserve Discount Window, or the Standing Repo Facility.

Liquidity footnote: definition of unencumbered securities · Filed 16/10/2026

(4) This ratio excludes intercompany and secured deposits.

Liquidity footnote: uninsured-deposit coverage exclusions · Filed 16/10/2026

(2) Fed master account closing balance only.

Liquidity footnote: Federal Reserve master-account balance scope · Filed 16/10/2026

Does not include other small in transit / processing items included in Call Report or SEC reports.

Liquidity footnote: excluded in-transit and processing items · Filed 16/10/2026

12 Table of Contents REGIONS FINANCIAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended June 30 2026 2025 (In millions) Operating activities: Net income $ 1,129 $ 1,053 Adjustments to reconcile net income to net cash from operating activities: Provision for credit losses 159 250 Depreciation, amortization and accretion, net 47 41 Securities (gains) losses, net 44 26 Deferred income tax expense (benefit) 142 17 Originations and purchases of loans held for sale (3,307) (2,491) Proceeds from sales of loans held for sale 3,268 2,585 (Gain) loss on sale of loans, net (18) (23) Net change in operating assets and liabilities: Other earning assets 129 (66) Interest receivable and other assets (713) 611 Other liabilities 268 (353) Other 88 (11) Net cash from operating activities 1,236 1,639 Investing activities: Proceeds from maturities of debt securities held to maturity 379 288 Proceeds from sales of debt securities available for sale 1,212 615 Proceeds from maturities of debt securities available for sale 1,654 1,558 Purchases of debt securities available for sale (2,911) (3,987) Net (payments for) proceeds from bank-owned life insurance 7 3 Proceeds from sales of loans 110 190 Purchases of loans (137) (187) Net change in loans (3,733) (274) Purchases of mortgage servicing rights (17) (19) Net purchases of other assets (124) (169) Net cash from investing activities (3,560) (1,982) Financing activities: Net change in deposits (418) 3,316 Net change in short-term borrowings 2,250 (500) Proceeds from long-term borrowings 1,499 — Payments on long-term borrowings (1,000) (750) Cash dividends on common stock (458) (453) Cash dividends on preferred stock (41) (50) Payment for redemption of preferred stock — (350) Repurchases of common stock (460) (386) Taxes paid related to net share settlement of equity awards (25) (21) Other (4) — Net cash from financing activities 1,343 806 Net change in cash and cash equivalents (981) 463 Cash and cash equivalents at beginning of year 10,907 10,712 Cash and cash equivalents at end of period $ 9,926 $ 11,175 See notes to consolidated financial statements.

First-half consolidated cash flows: earnings, distributions, borrowing and equity-award settlements · Filed 06/08/2026

EARNINGS PER COMMON SHARE The following table sets forth the computation of basic earnings per common share and diluted earnings per common share: Three Months Ended June 30 Six Months Ended June 30 2026 2025 2026 2025 (In millions, except per share data) Numerator: Net income $ 570 $ 563 $ 1,129 $ 1,053 Preferred stock dividends and other (1) (21) (29) (41) (54) Net income available to common shareholders $ 549 $ 534 $ 1,088 $ 999 Denominator: Weighted-average common shares outstanding—basic $ 854 $ 898 $ 858 $ 902 Potential common shares 3 2 4 3 Weighted-average common shares outstanding—diluted $ 857 $ 900 $ 862 $ 905 Earnings per common share: Basic $ 0.64 $ 0.59 $ 1.27 $ 1.11 Diluted $ 0.64 $ 0.59 $ 1.26 $ 1.10 ______ (1) Preferred stock dividends and other for the three and six months ended June 30, 2025 included $4 million of issuance costs associated with the redemption of Series D preferred shares in the second quarter of 2025.

Earnings-per-share note: first-half earnings and diluted share counts · Filed 06/08/2026

76 Non-GAAP reconciliation Return on Average Tangible Common Shareholders' Equity Quarter Ended Year Ended ($ amounts in millions) 6/30/2026 3/31/2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 RETURN ON AVERAGE TANGIBLE COMMON SHAREHOLDERS' EQUITY Net income available to common shareholders A $ 549 $ 539 $ 2,061 $ 1,774 $ 1,976 $ 2,146 $ 2,400 $ 991 $ 1,503 $ 1,695 $ 1,199 $ 1,099 $ 998 Average shareholders' equity 18,676 19,077 $ 18,541 $ 17,484 $ 16,522 $ 16,503 $ 18,201 $ 17,382 $ 16,082 $ 15,381 $ 16,665 $ 17,126 $ 16,916 Less: Average intangible assets 5,863 5,869 5,887 5,920 5,960 6,023 5,435 5,239 4,943 5,010 5,103 5,125 5,099 Average deferred tax liability related to intangibles (141) (138) (130) (117) (106) (103) (99) (99) (94) (97) (148) (162) (170) Average preferred stock 1,369 1,369 1,491 1,693 1,659 1,659 1,658 1,509 1,151 820 820 820 848 Average tangible common shareholders' equity B $ 11,585 $ 11,977 $ 11,293 $ 9,988 $ 9,009 $ 8,924 $ 11,207 $ 10,733 $ 10,082 $ 9,648 $ 10,890 $ 11,343 $ 11,139 Return on average tangible common shareholders' equity A/B 19.01 % 18.26 % 18.25 % 17.77 % 21.93 % 24.05 % 21.42 % 9.23 % 14.91 % 17.57 % 11.01 % 9.69 % 8.96 %

Historical reconciliation: common earnings and return on average tangible common equity, 2015–2026 · Filed 07/08/2026

Operational losses decreased in the three and six months ended June 30, 2026 compared to the same periods in 2025 primarily due to a decline in check fraud resulting from effective prevention countermeasures.

First-half operational losses: reduction in check fraud · Filed 06/08/2026

The 2025 PCUs and PSUs include performance hurdles based on the Company’s absolute and relative ROATCE and EPS Growth over the three-year period from January 1, 2025, through December 31, 2027.

Proxy compensation: actual 2025 performance awards and three-year hurdles · Filed 23/03/2026

The RSUs generally cliff vest three years from the date of grant; however, up to 40% of a grant may be forfeited if certain capital and liquidity performance thresholds are not met.

Proxy compensation: RSU vesting and capital/liquidity forfeiture conditions · Filed 23/03/2026

BOARD INDEPENDENCE, LEADERSHIP, AND COMPOSITION Board Refreshment Independent Board Leadership Board Composition Committee Leadership Director Retirement Age Intentional and ongoing Board refreshment; 7 Directors added in last 5 years Strong Lead Independent Director role with robust duties; 100% independence in standing committee membership Commitment to seeking wide-ranging skills, experience, and perspectives on the Board Strong, independent committee chairs with balance of expertise and backgrounds Mandatory Director retirement age of 72 SHAREHOLDER RIGHTS AND ENGAGEMENT Year-Round Engagement Shareholder Right to Call Special Meeting Proxy Access By-Law Director Resignation Policy Other Shareholder Rights Ongoing dialogue with institutional shareholders and shareholder proponents, including Director-Shareholder engagement when requested Our By-Laws permit shareholders who own 25% or more of Regions stock to call a special meeting of shareholders Shareholders owning at least 3% of Regions stock for at least 3 years may submit up to 2 or 20% of Director nominees for inclusion in proxy statement Director who fails to receive a majority of the votes cast shall automatically be deemed to have tendered their resignation for the Board’s consideration One Share, One Vote; Annual Director Elections; No Poison Pill ADDITIONAL BEST PRACTICES Actionable Evaluations No Hedging/Pledging Overboarding Policy Stock Ownership Guidelines Governance Documents Electronic annual Board self-evaluations with third-party reporting and analysis, 1:1 calls, and group discussions Directors and executive officers are prohibited from entering into hedging arrangements or pledging stock Overboarding policy consistent with high standards of shareholders; no overboarded Directors under our policy Stock ownership guidelines for Directors and executive officers with sale restrictions until achieved Annual review of governance documents, including Corporate Governance Principles and committee charters Regions Financial Corporation | 2026 Proxy Statement 5 PROPOSAL ONE Election of Directors The Board has determined that it is good governance for all Directors to be elected annually, as we believe that annual elections keep the Directors accountable to our shareholders.

Proxy governance: independence, shareholder rights, ownership guidelines and hedging restrictions · Filed 23/03/2026

As further described in proposals 4 to 6 of the Company’s definitive proxy statement filed on March 23, 2026 (the “Proxy Statement”), the Charter Amendments (a) eliminate certain supermajority voting requirements (the “Supermajority Amendment”), (b) eliminate certain business combination restrictions and related supermajority voting requirements, and (c) limit the liability of certain officers to the fullest extent permitted by the Delaware General Corporation Law.

May shareholder-approved charter amendments: voting restrictions and officer liability · Filed 11/05/2026

The Charter Amendments became effective upon the filing of a Certificate of Amendment (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware on May 11, 2026.

Charter amendments: effective date of May 11, 2026 · Filed 11/05/2026

The Company's CODM is the CEO, President and Chair of the Board.

Business segment note: combined CEO, president and chair roles · Filed 06/08/2026

• Business Offices secured = 99% / unsecured = 1% • IRE WA LTV 68% (based on appraisal at origination or most recent received); Stressed IRE WA LTV 85% using GreenStreet(2) • 66% of secured outstanding IRE balances are located in the South of which 86% is Class A • Investment Grade tenants make up 75% of Single Tenant IRE balances • $508M or approximately 66% of total Office balances will mature in the next 12 months(3) Key Portfolio Metrics(1) Balances $773 % of Total Loans 0.8% NPL $134 NPL / Loans 17.3% Charge-offs $1 Charge-offs / Loans 0.1% ACL $55 ACL / Loans 7.1% Ongoing Portfolio Surveillance 44% 56% Multi-Tenant Single Tenant 82% 18% Class A Class B Investor Real Estate Office Portfolio Overview 80% 20% Suburban Urban ACL Rates Single Tenant Multi Tenant Miscellaneous(4) 6.9% 8.5% 3.2%

September 30, 2026 office portfolio: balances, non-performing loans and allowances · Filed 16/10/2026

20 CRE- Office Portfolio (Outstanding balances as of September 30, 2026) (1) $ in Millions.

Office portfolio heading: September 30, 2026 date and millions unit · Filed 16/10/2026

Amounts include IRE and CRE Unsecured loans but exclude Held For Sale loans.

Office portfolio footnote: included loans and held-for-sale exclusion · Filed 16/10/2026

Metrics represent 9/30/2026 results except for charge-offs, which reflects results for the 9 months ended September 30, 2026, annualized, based on average balances.

Office portfolio footnote: reporting date and annualized charge-off period · Filed 16/10/2026

NPL & ACL percentages are based on Portfolio totals.

Office portfolio footnote: NPL and ACL percentage denominators · Filed 16/10/2026

• Business Offices secured = 99% / unsecured = 1% • IRE WA LTV 64% (based on appraisal at origination or most recent received); Stressed IRE WA LTV 85% using GreenStreet(2) • 62% of secured outstanding IRE balances are located in the South of which 87% is Class A • Investment Grade tenants make up 77% of Single Tenant IRE balances • $512M or approximately 60% of total Office balances will mature in the next 12 months(3) Key Portfolio Metrics(1) Balances $858 % of Total Loans 0.9% NPL $121 NPL / Loans 14.1% Charge-offs $1 Charge-offs / Loans 0.1% ACL $35 ACL / Loans 4.1% Ongoing Portfolio Surveillance 45% 55% Multi-Tenant Single Tenant 85% 15% Class A Class B Investor Real Estate Office Portfolio Overview 79% 21% Suburban Urban ACL Rates Single Tenant Multi Tenant Miscellaneous(4) 2.4% 7.8% 2.9%

June office portfolio comparison: non-performing loans and allowances · Filed 07/08/2026

• Portfolio constructed to protect against changes in market rates ◦ Duration of ~3.8 years (AFS ~3.5 years) as of 9/30/2026; provides offset to long-duration deposit book ◦ 27% of securities in the portfolio are bullet-like (CMBS, corporate bonds, agency bullets, and USTs) ◦ MBS mix concentrated in less sensitive prepayment collateral types: lower loan balances, seasoning, and state- specific geographic concentrations • 98% US Government or Agency guaranteed ◦ ~$393M high quality, investment grade corporate bond portfolio is short-dated (<3.0 year duration) and well diversified across sectors and issuers ◦ The Agency CMBS portfolio is guaranteed by government agencies and is collateralized by mortgage loans on multifamily properties Agency/UST 8% Agency MBS 70% Agency CMBS 21% Corporate Bonds 1% Securities Portfolio Provides downside rate protection/liquidity Securities Portfolio Composition(1) $31.5B AFS, 84% HTM, 16% $31.5B • Reinvestment of paydowns/maturities accretive to portfolio yield by ~1.64% (excluding repositioning activity) • Sold ~$845M Agency CMBS and CMOs at a $15M pre-tax loss, reinvesting into Agency MBS and picking ~100 basis points of yield ◦ Represents normal duration management, adding downside rate protection 3Q26 Activity

Third-quarter securities portfolio: composition, duration and completed repositioning · Filed 16/10/2026

(2) As of 6/30/2026 from Earnings Disclosures; Peer set includes CFG, FCNCA, FHN, FITB, HBAN, HWC, KEY, MTB, PNC, SSB, TFC, USB, ZION • Reinvestment of paydowns/maturities accretive to portfolio yield by ~1.65% (excluding repositioning activity) • Sold ~$900M short-duration Agency/Govt bullet-like securities at a $40M pre- tax loss, reinvesting into longer-duration Agency CMBS and MBS at 2.5% higher yields (Previously disclosed with Q1 2026 Earnings) ◦ Represents normal duration management, adding downside rate protection • Portfolio constructed to protect against changes in market rates ◦ Duration of ~3.9 years (AFS ~3.5 years) as of 6/30/2026; provides offset to long- duration deposit book ◦ 28% of securities in the portfolio are bullet-like (CMBS, corporate bonds, agency bullets, and USTs) ◦ MBS mix concentrated in less sensitive prepayment collateral types: lower loan balances, seasoning, and state-specific geographic concentrations • 98% US Government or Agency guaranteed ◦ ~$400M high quality, investment grade corporate bond portfolio is short-dated (<3.0 year duration) and well diversified across sectors and issuers ◦ The Agency CMBS portfolio is guaranteed by government agencies and is collateralized by mortgage loans on multifamily properties • 84% classified as Available-for-Sale; 16% Held-to-Maturity Agency/UST 8% Agency MBS 70% Agency CMBS 21% Corporate Bonds 1% Securities Portfolio Provides downside rate protection/liquidity Securities Portfolio Composition(1) $32.7B 2Q26 Activity AFS, 84% HTM, 16% $32.7B Y /Y C ha ng e in Y ie ld (b ps ) 2Q 26 A FS +H TM Yield 4.3 3.4 3.5 3.5 3.7 3.5 3.7 3.2 3.1 3.7 3.7 2.6 3.0 3.4 49 49 25 19 18 4 2 1 -1 -5 -7 -12 -20 -49 AFS+HTM Yield Y/Y Change (bps) Pee r 1 Pee r 2 Pee r 3 Pee r 4 RF Pee r 5 Pee r 6 Pee r 7 Pee r 8 Pee r 9 Pee r 1 0 Pee r 1 1 Pee r 1 2 Pee r 1 3 -100 -50 0 50 100 0.0 2.0 4.0 6.0 Securities Portfolio Yield Changes(2)

Second-quarter securities portfolio: completed repositioning and realized loss · Filed 07/08/2026

Commercial and industrial loans decreased $881 million since year-end 2024 due to strategic runoff in leveraged lending, continued portfolio resolutions, and loans refinancing off the balance sheet through the debt capital markets.

Annual report loan changes: strategic leveraged-lending runoff and other drivers · Filed 24/02/2026

28 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) 1,369 1,369 1,369 1,369 1,369 Common shareholders' equity (GAAP) B 16,478 17,471 17,410 17,674 17,680 Less: Intangible assets (GAAP) 5,868 5,859 5,866 5,873 5,879 Deferred tax liability related to intangibles (GAAP) (146) (143) (141) (138) (133) Tangible common shareholders’ equity (non-GAAP) C $ 10,756 $ 11,755 $ 11,685 $ 11,939 $ 11,934 Total assets (GAAP) D $ 163,213 $ 161,299 $ 160,741 $ 158,814 $ 159,940 Less: Intangible assets (GAAP) 5,868 5,859 5,866 5,873 5,879 Deferred tax liability related to intangibles (GAAP) (146) (143) (141) (138) (133) Tangible assets (non-GAAP) E $ 157,491 $ 155,583 $ 155,016 $ 153,079 $ 154,194 Shares outstanding—end of quarter F 850 853 854 868 885 Total equity to total assets (GAAP) A/D 10.93 % 11.68 % 11.68 % 11.99 % 11.91 % Tangible common shareholders’ equity to tangible assets (non-GAAP) C/E 6.83 % 7.55 % 7.54 % 7.80 % 7.74 % Common book value per share (GAAP) B/F $ 19.38 $ 20.48 $ 20.39 $ 20.36 $ 19.98 Tangible common book value per share (non-GAAP) C/F $ 12.65 $ 13.78 $ 13.69 $ 13.75 $ 13.49 Non-GAAP Reconciliation Tangible Common Ratios

Third-quarter tangible common ratio reconciliation: equity, assets and ending shares · Filed 16/10/2026

On both a reported and adjusted basis(1), earnings increased 11 percent and diluted EPS increased 16 percent compared to the third quarter of 2025.

Third-quarter earnings release: year-over-year reported earnings and EPS growth · Filed 16/10/2026

($ amounts in millions, except per share data) 3Q26 2Q26 Earnings Summary Net income $ 631 $ 570 Net income available to common shareholders 611 549 Adj.

Third-quarter earnings summary: net income and common earnings · Filed 16/10/2026

Publication history

Sources

• filing-1 · Filed 24/02/2026
• filing-2 · Filed 06/08/2026
• filing-3 · Filed 23/03/2026
• filing-6 · Filed 07/05/2026
• filing-7 · Filed 16/10/2026
• filing-10 · Filed 07/08/2026
• filing-5 · Filed 16/10/2026
• filing-12 · Filed 11/05/2026
• filing-9 · Filed 21/02/2025
• filing-8 · Filed 11/08/2026
• filing-11 · Filed 11/08/2026
• filing-13 · Filed 04/02/2026
• filing-14 · Filed 12/01/2026
• filing-15 · Filed 16/10/2026