Regions Financial CorporationRF
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Regions Bank raised its prime lending rate to 7.00%, lifting its lending-rate benchmark and net interest margin potential.
Regions Bank announced it is increasing its prime lending rate to 7.00% from 6.75%, effective Thursday, Sept. 17, 2026. The Birmingham, Alabama-based bank is a subsidiary of Regions Financial Corporation, which holds $161 billion in assets and is a member of the S&P 500 Index. Regions Financial operates more than 1,200 banking offices and more than 1,750 ATMs across the South, Midwest and Texas. The rate change was announced on September 16, 2026.
Regions Financial CorporationRegions Bank raised its prime lending rate to 7.00%, lifting its lending-rate benchmark and net interest margin potential.
Regions' prime rate hike reflects the broader rising-rate environment, consistent with upward pressure on the Canada prime rate benchmark.