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Regions Financial (Regions Financial) Scaled Net Operating Assets : -0.08 (As of Dec. 2023)


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What is Regions Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Regions Financial's operating assets for the quarter that ended in Dec. 2023 was $120,268 Mil. Regions Financial's operating liabilities for the quarter that ended in Dec. 2023 was $132,371 Mil. Regions Financial's Total Assets for the quarter that ended in Sep. 2023 was $153,624 Mil. Therefore, Regions Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.08.


Regions Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Regions Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(145393-132371)/155220
=0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=152194 - 6801
=145393

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134701 - 2330 - 0
=132371

Regions Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(120268-132371)/153624
=-0.08

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=152194 - 31926
=120268

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134701 - 2330 - 0
=132371

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Regions Financial Scaled Net Operating Assets Related Terms

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Regions Financial (Regions Financial) Business Description

Traded in Other Exchanges
Address
1900 Fifth Avenue North, Birmingham, AL, USA, 35203
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.
Executives
C. Matthew Lusco officer: SEVP & CRO P.O. BOX 11007 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Ronald G. Smith officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
William D. Ritter officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
Mark A. Crosswhite director 600 NORTH 18TH STREET, BIRMINGHAM AL 35203
J Thomas Hill director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Noopur Davis director PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles Dandridge Massey officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Karin K Allen officer: Principal Accounting Officer PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles D Mccrary director, other: Non-Executive Chair 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308
Amala Duggirala officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Joia M Johnson director C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Turner David J Jr officer: CFO P O BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Scott M. Peters officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
David R. Keenan officer: EVP P. O. BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
John B Owen officer: Sr Executive Vice President REGIONS FINANCIAL CORPORATION, 1900 5TH AVENUE NORTH, 21ST FLOOR, BIRMINGHAM AL 35203