Regions Financial Corp Files 8-K on Bylaw Amendments
Ticker: RF-PF · Form: 8-K · Filed: Sep 17, 2024 · CIK: 1281761
| Field | Detail |
|---|---|
| Company | Regions Financial Corp (RF-PF) |
| Form Type | 8-K |
| Filed Date | Sep 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, bylaws, preferred-stock
Related Tickers: RF
TL;DR
REGIONS FINANCIAL CORP (RF) filed an 8-K on 9/17/24 detailing amendments to its bylaws and preferred stock series.
AI Summary
Regions Financial Corporation filed an 8-K on September 17, 2024, reporting amendments to its articles of incorporation or bylaws and financial statements. The filing details changes related to its common stock and preferred stock series C, E, and F, with all events dated September 17, 2024.
Why It Matters
This filing indicates potential corporate governance changes or updates to the company's capital structure, which could affect shareholder rights and the company's operational framework.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure of amendments and financial statements, not indicating immediate financial distress or significant new risks.
Key Players & Entities
- Regions Financial Corporation (company) — Registrant
- September 17, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 001-34034 (filing_id) — Commission File Number
- 63-0589368 (tax_id) — IRS Employer Identification No.
- 1900 Fifth Avenue North (address) — Business Address
- Birmingham (city) — Business Address City
- us-gaap:CommonStockMember (stock_type) — Common Stock
- us-gaap:SeriesCPreferredStockMember (stock_type) — Series C Preferred Stock
- us-gaap:SeriesEPreferredStockMember (stock_type) — Series E Preferred Stock
FAQ
What specific amendments were made to Regions Financial Corporation's articles of incorporation or bylaws?
The filing indicates amendments were made, but the specific details of these changes are not provided in the provided text excerpt. Further review of the full document would be necessary.
What is the significance of the dates associated with the common and preferred stock members?
The dates September 17, 2024, associated with us-gaap:CommonStockMember, us-gaap:SeriesCPreferredStockMember, us-gaap:SeriesEPreferredStockMember, and us-gaap:SeriesFPreferredStockMember indicate the effective date or reporting date for these stock classes in relation to the filing.
What is the primary business of Regions Financial Corporation?
Regions Financial Corporation is classified under NATIONAL COMMERCIAL BANKS [6021].
When is Regions Financial Corporation's fiscal year end?
Regions Financial Corporation's fiscal year ends on December 31 (12/31).
What is the filing date for this 8-K report?
The filing date for this 8-K report is September 17, 2024.
Filing Stats: 627 words · 3 min read · ~2 pages · Grade level 13 · Accepted 2024-09-17 16:22:12
Key Financial Figures
- $1.00 — he Company's preferred stock, par value $1.00 per share. Item 9.01 Financial Statem
Filing Documents
- rf-20240917.htm (8-K) — 35KB
- exhibit31certificateofelim.htm (EX-3.1) — 25KB
- 0001281761-24-000090.txt ( ) — 240KB
- rf-20240917.xsd (EX-101.SCH) — 2KB
- rf-20240917_def.xml (EX-101.DEF) — 17KB
- rf-20240917_lab.xml (EX-101.LAB) — 29KB
- rf-20240917_pre.xml (EX-101.PRE) — 17KB
- rf-20240917_htm.xml (XML) — 6KB
03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On September 17, 2024, Regions Financial Corporation (the "Company") filed a Certificate of Elimination with the Secretary of State of the State of Delaware effecting the elimination of the Certificate of Designations (the "Certificate of Designations") relating to the Company's 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"). No shares of the Series B Preferred Stock remain outstanding. On September 16, 2024, all then-outstanding shares of Series B Preferred Stock were redeemed in accordance with the terms of the Certificate of Designations. Following the filing of the Certificate of Elimination, a copy of which is attached hereto as Exhibit 3.1 and is incorporated by reference herein, all previously-authorized shares of the Series B Preferred Stock resumed the status of undesignated shares of the Company's preferred stock, par value $1.00 per share.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 3.1 Certificate of Elimination of the 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B of Regions Financial Corporation, filed with the Secretary of State of the State of Delaware and effective September 17, 2024. 104 Cover Page Interactive Data (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. REGIONS FINANCIAL CORPORATION By: /s/ Karin K. Allen Name: Karin K. Allen Title: Executive Vice President and Assistant Controller (Chief Accounting Officer and Authorized Officer) Date: September 17, 2024