Regions Financial Corp at RBC Capital Markets Financial Institutions Conference (Virtual) Transcript

Mar 08, 2022 / 03:40PM GMT
Gerard Sean Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good morning, everyone. This is Gerard Cassidy from RBC Capital Markets. We now have a fireside chat with senior management of Regions Financial.

As many of you know, Regions is positioned in the fastest-growing parts of the United States and the Southeast and extending into the Southwest with their franchise with about total assets of $168 billion. The company's market cap is around $20 billion, and the stock trades at a small premium to book value, about a 20% premium.

And I'm really quite pleased to have with us on today's fireside chat President and CEO, John Turner. As many of you know, John took over this position back in 2018 from Grayson Hall, and he joined Regions back in 2008. And with him, of course, is David Turner, their CFO. And David's been with the company since 2005 and has always given great insights to managing the balance sheet at Regions, and we're pleased to have him. And of course, we also have Dana Nolan, who heads up their Investor

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