Regions Declares Quarterly Cash Dividend on Common and Preferred Shares

  Regions Declares Quarterly Cash Dividend on Common and Preferred Shares

Business Wire

BIRMINGHAM, Ala. -- January 17, 2013

The Regions Financial Corporation (NYSE:RF) Board of Directors has declared a
quarterly cash dividend of 1 cent per common share, payable April 1, 2013, to
stockholders of record as of March 15, 2013.

In addition, the Board of Directors authorized payment of a quarterly cash
dividend related to the outstanding shares of its 6.375% Non-Cumulative
Perpetual Preferred Stock, Series A (the "Series A Preferred Stock"). Each
outstanding share of the Series A Preferred Stock is represented by depositary
shares, each representing a 1/40th interest in a share of Series A Preferred
Stock. The dividend of $15.9375 per share (equivalent to approximately
$0.398438 per $25 par depositary share) will be paid on March 15, 2013, to
stockholders of record at the close of business on March 1, 2013.

About Regions Financial Corporation

Regions Financial Corporation, with $122 billion in assets, is a member of the
S&P 500 Index and is one of the nation’s largest full-service providers of
consumer and commercial banking, wealth management, mortgage, and insurance
products and services. Regions serves customers in 16 states across the South,
Midwest and Texas, and through its subsidiary, Regions Bank, operates
approximately 1,700 banking offices and 2,000 ATMs. Additional information
about Regions and its full line of products and services can be found at
www.regions.com.

Contact:

Regions Financial Corporation
Media Contact:
Tim Deighton, 205-264-4551
or
Investor Relations Contact:
List Underwood, 205-801-0265