Regions Financial Corp at Goldman Sachs US Financial Services Conference Transcript

Dec 08, 2021 / 02:20PM GMT
Ryan Matthew Nash - Goldman Sachs Group, Inc., Research Division - MD

We have Regions Financial. There's one of the members of Regions Financial. I can't remember another bank that did a better job protecting themselves from a PPNR perspective heading into the most recent downturn given the actions that they took. More recently, they've begun to remove some of those hedges to better position them for rising rates. In addition, after a long period of derisking, the company is now poised to see better-than-peer growth driven by a better growth profile in its Southeast markets versus other parts of the country, and it reaps the benefits of several nonbank businesses it recently acquired, which we'll touch upon. Here to tell us more about the strategy is President and CEO, John Turner; and joining us is also Chief Financial Officer, David Turner.

Questions and Answers:

Ryan Matthew Nash - Goldman Sachs Group, Inc., Research Division - MD

So maybe to kick off, John, since we were here virtually last year, I think most can agree that 2021 has turned out to be a
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