For the quarter period ended on 30 September 2012, its total revenues stood at $1.35bn, with a marginal decline from $1.36bn, during the same period earlier year.
Net interest income summed up $817m, and the resulting net interest margin stood at 3.08%, while non-interest expenses from continuing operations touched $869m.
Non-interest revenue from continuing operations was $533m, a 5% increase from previous quarter basis, mainly related to an increase in mortgage income.
It achieved strong capital position with an estimated Tier 1 ratio of 11.5% and Tier 1 Common ratio1 of 10.5% at the end of 30 September 2012.
Having $122bn in assets, Regions Bank offers consumer and commercial banking, wealth management, mortgage, and insurance products and services, in 16 states across the South, Midwest and Texas, US.
