Regions repurchased 6 million shares of common stock for $102 million during the first quarter of 2024, as part of a previously authorized program. The Board authorized the repurchase of up to $2.5 billion of the Company's common stock.

Regions declared $0.24 per share in cash dividends for the first quarter 2024 as compared to $0.20 per share for the first quarter 2023.

Non-performing loans increased $101 million as compared to year-end 2023 levels as a result of continued asset quality normalization and downgrades within industries previously identified as higher risk.

Within the commercial real estate lending exposures, the multi-family and business offices portfolios have been previously identified as under stress due to conditions such as inflationary pressures, higher interest rates, and adverse underlying market fundamentals resulting in rising vacancies and reductions in net effective rents.

Regions expects average loan and deposit balances to be stable to down modestly for the full year 2024.

Regions expects net interest income to be between $4.7 and $4.8 billion, assuming stable or lower short-term interest rates and flat long-term rate held at March 31, 2024 levels.

Non-interest expense increased to $1.1 billion, driven by increases in salaries and benefits, operational losses, and FDIC assessment expense due to an industry-wide special assessment.

Full-time equivalent headcount decreased to 19,641 at March 31, 2024 from 20,113 at March 31, 2023.

The document does not provide any specific information about ESG initiatives. The company's annual report on form 10-K for the year ended December 31, 2023 may provide more information.