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RFPA.PFD (Regions Financial) Effective Interest Rate on Debt % : 36.73% (As of Sep. 2024)


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What is Regions Financial Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Regions Financial's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $2,408.00 Mil. Regions Financial's average total debt for the quarter that ended in Sep. 2024 was $6,556.00 Mil. Therefore, Regions Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 36.73%.


Regions Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Regions Financial's Effective Interest Rate on Debt % can be seen below:

* 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.

* Premium members only.

Regions Financial Effective Interest Rate on Debt % Chart

Regions Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.11 5.45 5.59 13.47 68.36

Regions Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.98 48.26 64.89 46.44 36.73

Competitive Comparison of Regions Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Regions Financial's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Regions Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Regions Financial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Regions Financial's Effective Interest Rate on Debt % falls into.



Regions Financial Effective Interest Rate on Debt % Calculation

Regions Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -1577/( (2284+2330)/ 2 )
=-1  *  -1577/2307
=68.36 %

where

Regions Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -2408/( (5596+7516)/ 2 )
=-1  *  -2408/6556
=36.73 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Regions Financial  (NYSE:RFpA.PFD) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Regions Financial Effective Interest Rate on Debt % Related Terms

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Regions Financial Business Description

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
D Bryan Jordan officer: EVP & CFO; Mem Lead Coun
Jones Carl E Jr director, officer: Chairman & CEO; Mem Lead Coun
Ronald C Jackson officer: SVP & Comptroller P.O. BOX 10247, BIRMINGHAM AL 35202
Morgan Allen B Jr director, officer: Chmn, CEO Mrgn Keegn; Mem Lead
Robert A Goethe officer: Chmn, CEO, Pres RMI; Mbr Lead PO BOX 669, MONTGOMERY AL 36104
David C Gordon officer: EVP Op Grp; Mem Lead Coun P O BOX 511, MONTGOMERY AL 36101
Fleischauer John I Jr officer: Regional Pres; Mbr Lead Coun
Upchurch Samuel E Jr officer: Reg Pres & Secretary; Mem Lead
William E Askew officer: EVP Retail Bkng; Mbr Lead Coun
Richard D Horsley director, officer: Vice Chmn & COO; Mem Lead Coun
Styslinger Lee J Iii director 2826 BALMORAL ROAD, BIRMINGHAM AL 35223
Malcolm Portera director
Peter D Miller officer: Regional Pres; Mem Lead Coun
Edmond C Stone officer: EVP & CCO; Mem Leadership Team
Harry W Witt director