- June 29, 2021
- Posted by: Stratford Team
- Category: Business
BIRMINGHAM, Ala.–(BUSINESS WIRE)–The Federal Reserve has communicated to Regions Financial Corp. (NYSE:RF) that the company exceeded all minimum capital levels under the Federal Reserve’s Supervisory Stress Test. Regions voluntarily participated in the 2021 test as an opportunity to both measure and demonstrate the strength of Regions’ balance sheet and capital base.
Regions’ preliminary Stress Capital Buffer requirement for the fourth quarter of 2021 through the third quarter of 2022, as determined by the Federal Reserve, will be floored at 2.5%. Regions believes its sound approach to risk management, including the company’s proactive interest rate risk management program, continues to support long-term, sustainable performance through economic cycles.
“The resilience of our business plan, our solid capital position, and a diversified revenue stream help position Regions as a source of financial strength and stability for the…
