| Business Summary | | Regions
Financial
Corporation
is
a
regional
bank
holding
company
operating
729
full-service
banking
offices
in
Alabama,
Arkansas,
Florida,
Georgia,
Louisiana,
South
Carolina,
Tennessee
and
Texas.
Regions
operates
Regions
Bank,
a
state-chartered
commercial
bank
subsidiary
(Subsidiary
Bank)
in
Alabama,
Arkansas,
Florida,
Georgia,
Louisiana,
South
Carolina,
Tennessee
and
Texas,
and
various
banking-related
subsidiaries
engaged
in
mortgage
banking,
credit
life
insurance,
leasing,
commercial
accounts
receivable
factoring,
specialty
mortgage
financing
and
securities
brokerage
activities,
with
offices
in
various
southeastern
states.
Through
its
subsidiaries,
Regions
offers
a
broad
range
of
banking
and
banking-related
services.
In
addition
to
the
Subsidiary
Bank,
Regions
provides
additional
financial
services
through
various
banking-related
subsidiaries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RGBK
is
a
regional
holding
company
which
operates
729
banking
offices
in
AL,
AR,
FL,
GA,
TN,
SC,
TX
and
LA.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
2%
to
$1.6
billion.
Net
interest
income
after
loan
loss
prov.
fell
1%
to
$640.8
million.
Net
income
decreased
13%
to
$235.6
million.
Net
interest
income
reflects
loan
growth,
offset
increased
interest
costs.
Earnings
also
reflect
increased
salaries
and
employee
benefits
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| J. Stanley Mackin, 68 Chairman | -- | -- | Carl Jones, Jr., 60 Pres,
CEO, Director | $2.0M | $90K | Richard Horsley, 58 Vice
Chairman and Exec. Financial Officer | 1.5M | -- | Samuel Upchurch, Jr., 49 Exec.
VP, Gen. Counsel and Corp. Sec. | -- | -- | J. Kenneth Alderman, 49 Exec.
VP, Trust Group | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|