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Stock impact report

Regions Financial's Simple Strategy Bearing Fruit [The Motley Fool]

Regions Financial Corporation (RF) 
Last regions financial corporation earnings: 4/17 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.regions.com
Company Research Source: The Motley Fool
Regions Financial's Simple Strategy Bearing Fruit Regions Financial ( NYSE:RF Simplify and Grow is the bank's three-year growth plan, which was introduced in late 07 but really took hold in 09. It's based on the simple idea of making banking easier for customers. With that as the overarching goal, the Birmingham, Ala.-based bank is striving for sustained long-term growth through strategic investments and targeted expense reductions designed to make the company run more efficiently. So far this year, Regions' stock price has outperformed other bank stocks Focus on tech Management said that of the 7 initiatives that are part of the plan, Regions has already completed of them, with seven more due for completion by the end of the year. Many of them have been addressed through a sizable investment in technology. Regions -- the nd largest bank in the U.S., with about $8 billion in assets under management -- budgeted $ million for technology, or % of 08 revenue, to make banking easier for c Show less Read more
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