Regions Financial reported solid second-quarter 2024 results, underscoring earnings resilience and progression on strategic initiatives. The company posted net income of $501 million and EPS of $0.52 on revenue of $2.307 billion for the quarter. Management highlighted stability in average loans and deposits, a meaningful improvement in asset quality, and a path to higher net interest income (NII) in the second half of 2024 as balance sheet actions and funding costs continue to evolve. The quarterly results were accompanied by a constructive capital return program (quarterly dividend of $0.25 per share and $87 million in share repurchases) and a CET1 ratio of roughly 10.4%, supporting ongoing growth and capital flexibility. Management reiterated guidance targets for 2024, emphasizing NII at the upper end of the $4.7–$4.8 billion range and adjusted non-interest income at the top end of $2.3–$2.4 billion, with full-year adjusted non-interest expenses guided to $4.15–$4.20 billion. The firm continues to emphasize its Southeast footprint, talent and technology investments, and a focus on top-quartile earnings delivery, even as competitive dynamics remain strong in key markets. In short, RF is positioned to extend margin expansion and earnings resilience into 2H24, supported by balance-sheet repositioning, stable deposits, and disciplined expense management, while maintaining a robust capital posture and liquidity profile.