During Q3 2024, Regions issued $500 million in Series F preferred stock and redeemed all outstanding shares of Series B preferred stock for $500 million. These actions impact the capital structure and preferred dividend obligations.

Regions repurchased approximately 31 million shares of common stock for $557 million under the $2.5 billion share repurchase program authorized in April 2022. This indicates a continued commitment to returning capital to shareholders, although the pace has slowed.

The 10-Q highlights that current and future economic and market conditions, including possible declines in property values, increases in interest rates, unemployment rates, inflation, and financial market disruptions, could adversely affect the company's lending and other businesses.

The filing discusses the company's ability to identify and address cyber-security risks such as data security breaches, malware, ransomware, and hacking. It also mentions the operational risks associated with the introduction of or changes to products, services, or delivery platforms.

Changes in laws and regulations affecting the company's businesses, including legislation and regulations relating to bank products and services, could require the company to change certain business practices, increase compliance risk, reduce revenue, impose additional costs, or otherwise negatively affect the company's businesses.

The company acknowledges the increasing competition from other traditional and non-traditional financial services companies, including fintechs, some of which possess greater financial resources and are subject to different regulatory standards.

The filing mentions that Hurricanes Helene and Milton made landfall in the Southeastern United States, impacting states within the Company's footprint. The hurricanes caused significant flood and wind damage and Regions is still assessing all aspects of the impacts to business operations and customers.

Non-interest expense was $1.1 billion in Q3 2024, a $24 million decrease compared to Q3 2023. This decrease was driven by a decline in operational losses, other miscellaneous expenses and FDIC insurance assessments.

The filing notes that full-time equivalent headcount decreased to 19,560 at September 30, 2024 from 20,257 at September 30, 2023. This reduction likely contributes to expense management efforts.