DBRS confirms Regions

DBRS said it has confirmed the long- and short-term ratings of Regions Financial Corp. and its operating subsidiaries, including Regions' issuer & senior debt rating at BBB (high), and the long- and short-term ratings of its operating bank subsidiary, Regions Bank, rated at A (low) for senior debt.

DBRS noted that it also confirmed all FDIC-guaranteed AAA debt ratings with a stable trend.

At the same time, reflecting continuing headwinds and stress on asset portfolios, the trend for all long and short-term ratings is negative, except for Regions Bank's R-1 (low) short-term rating, which would be maintained even if the long-term ratings were lowered by one notch, the agency added.

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