Regions Financial Corp at Goldman Sachs US Financial Services Conference Transcript

Dec 07, 2022 / 03:00PM GMT
Unidentified Analyst -

All right. Up next, we're excited to have Regions Financial. Over the past year, Regions has navigated the environment better than most, growing NII at peer-leading level, accelerating loan growth and also layering in some timely hedges for eventual rate cuts. The combination of these has resulted in top decile stock performance in 2022 and one of the only banks that is up year-to-date.

Here to tell us more about the strategy is CEO, John Turner. Also joining him for the fireside chat are going to be CFO, David Turner; and Treasurer, Deron Smithy. First, I just want to start off congratulating the Georgia Bulldogs for making the playoffs, and I'm sorry about the Crimson Tide not getting in there, David.

Questions and Answers:

Unidentified Analyst -

But with that, maybe we'll get started on some questions. So John, so 2022 ended up being a much better year from a fundamental perspective than initially expecting, rising rates, net interest income expansion and solid loan growth. Stock has been a great performer, as I highlighted. With that
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