Go to www.mysmartrend.com now for a FREE two-week trial.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

The outlook is "negative".

Credit deterioration has spread beyond the bank's residential construction, condominium, and home equity loan portfolios to its commercial and income-producing commercial real estate loan books. As a result, nonperforming assets and delinquencies remained fairly high in the third quarter. The analysts expect further deterioration in credit quality and material net losses in the next quarters as seen in the "negative" outlook.

Region's ratings are underpinned by its good financial flexibility and capital ratios, its recently demonstrated ability to access debt and equity markets and its strong business position in its service area.

Comments on this story may be sent to admin@m2.com

About Regions Financial Corporation

Regions Financial Corporation, with $140 billion in assets, is a member of the S&P 100 Index and one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, 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 1,900 banking offices and 2,300 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.

SOURCE: Regions Financial Corporation

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

"Since the economic downturn began, customers have turned to Regions to provide a safe harbor for their deposits," said Grayson Hall, President and Chief Operating Officer. "The FDIC's Transaction Account Guarantee program provides additional peace of mind for consumers and businesses and we are pleased to continue offering customers the maximum amount of FDIC insurance available to them."

Regions continues to experience strong deposit and new household growth as more businesses and consumers choose to bank with Regions than ever before. During the third quarter of 2009, Regions opened a record 270,000 new retail and business checking accounts, up 29 percent versus the same quarter last year. New account openings for first nine months of 2009 reached 762,000, putting Regions well on track to achieve a full-year goal of 1 million new account openings.

Based on recently released FDIC data, Regions saw its overall deposits increase in 24 out of 25 major metro areas in the 16 states that it serves from June 30, 2008, to June 30, 2009. Regions' overall deposits were up $7.5 billion, an 8.7% increase. Regions also maintains strong liquidity and a Tier 1 Capital ratio of approximately 12.1 percent, which is $6.5 billion in excess of "Well Capitalized" regulatory minimums.

About Regions Financial Corporation

Regions Financial Corporation, with $140 billion in assets, is a member of the S&P 100 Index and one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, 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 1,900 banking offices and 2,300 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.

SOURCE: Regions Financial Corporation

Media Contact: 
Regions Financial Corporation 
Evelyn Mitchell, 205-264-4551