Regions repurchased approximately 44 million shares of common stock at a total cost of $856 million under the existing plan as of March 31, 2025. The board has authorized repurchase of up to $2.5 billion of the company's common stock through the fourth quarter of 2025.

The company executed a debt securities repositioning in Q1 2025 involving the sale of shorter-duration commercial and residential agency MBS and replacement with residential agency MBS with favorable prepayment profiles. The intent was to maintain the debt securities portfolio duration that would otherwise shorten naturally while efficiently deploying capital.

Non-interest expense decreased $92 million YoY, driven by declines in salaries and employee benefits, operational losses, and FDIC insurance expense. This demonstrates management's ability to control costs and improve efficiency.

Regions and Regions Bank are required to comply with regulatory capital requirements. At March 31, 2025, Regions' CET1 ratio was estimated to be 10.8 percent, indicating a strong capital position.

Management noted that considerable uncertainty around the scope and timing of changes to fiscal, regulatory, trade, and immigration policy would likely act as a source of volatility in the Company's baseline forecasts, particularly around the paths of real GDP growth, inflation, and the unemployment rate.

Portfolios that are experiencing higher risk due to conditions such as inflationary pressures, higher interest rates, and adverse underlying market fundamentals (identified as portfolios of interest) include business offices and trucking.

Regions competes with other banking and financial services companies for a share of the deposit market. Regions' ability to compete in the deposit market depends heavily on the pricing of its deposits and how effectively the Company meets customers' needs.

Non-interest expense decreased by $92 million YoY, indicating improved operational efficiency. This was driven by declines in salaries and employee benefits, operational losses, and FDIC insurance expense.

Regions serves customers through providing centralized, high-quality banking services through the Company's digital channels and contact center.

The Board has authorized the repurchase of up to $2.5 billion of the Company's common stock through the fourth quarter of 2025. Regions declared $0.25 per share in cash dividends for first quarter 2025 and $0.24 per common share for first quarter 2024.

Management noted that considerable uncertainty around the scope and timing of changes to fiscal, regulatory, trade, and immigration policy would likely act as a source of volatility in the Company's baseline forecasts, particularly around the paths of real GDP growth, inflation, and the unemployment rate.

Regions' March baseline forecast, utilized in calculating the ACL as of March 31, 2025, anticipated real GDP growth of 1.8 percent in 2025 and 1.7 percent in 2026.