Regions Financial : 4Q20 Earnings Presentation - pdf, 2.7MB, opens in a new window

Exhibit 99.3

4th Quarter Earnings Conference Call

January 22, 2021

2020 overview

4Q20

FY 2020

$588M $991M

$0.61 $1.03

$1,655M $6,206M

$930M $3,541M

$725M $2,665M

(1) Non-GAAP, see appendix for reconciliation.

Net Income Available to Common Shareholders

Diluted Earnings Per

Share

Adjusted Total

Revenue(1)

Adjusted Non-

Interest Expense(1)

Adjusted Pre-Tax Pre-

Provision Income(1)

Generated highest adjusted pre-taxpre-provision income(1) in over a decade providing opportunity to contribute another $10M to the Regions Foundation

2

Average loans

Adjusted average loans and leases(1)

($ in billions)

$78.6	$82.0	$80.1
	27.3
			27.4
26.6

52.0

54.7

52.7

4Q19 3Q20 4Q20

Adjusted business loans(1)		Adjusted consumer loans(1)

(1) Non-GAAP, see appendix for reconciliation.

QoQ highlights & outlook

• Average loans decreased 3%; adjusted average loans(1) decreased 2%
• Commercial line utilization levels reached historical low, ending quarter just under 40%
• Despite improving pipelines, utilization is expected to remain muted through the first half of 2021
• Active portfolio management; $408M of commercial loans sold or transferred to HFS in 4Q
• PPP forgiveness drove a $415M reduction in average loan balances
• Mortgage production finished the year strong, with FY 2020 more than doubling 2019 levels
• Expect 2021 adjusted average loans to be down low single digits compared to 2020; and adjusted ending loans are expected to grow low single digits

3

Average deposits

Average deposits by segment

($ in billions)

	$116.7	$119.8
		0.4
		0.4		8.9
		8.7
$94.5
0.6		38.8		40.6
7.9
26.6

59.4	68.8	69.9

4Q19	3Q20	4Q20
			Consumer Bank		Corporate Bank
			Wealth Mgt		Other(1)

QoQ highlights & outlook

• Average and ending deposits increased 3%
• Full-yearaverage deposits 17% higher than 2019
• • Growth predominately in non- interest bearing core operating accounts across all three business segments
  • Growth driven primarily by higher balances; also experiencing strong account growth
• Expect near-term deposit balances will continue to increase, particularly as the second round of stimulus is disbursed

(1) Other deposits represent non-customer balances primarily consisting of wholesale funding (for example, Eurodollar deposits, selected deposits	4
and brokered time deposits).