BIRMINGHAM, Ala. – Regions Financial Corporation (NYSE:RF) today announced earnings for the first quarter ended March 31, 2016. The company reported net income available to common shareholders of $257 million, an increase of 18 percent compared to the first quarter of 2015. Earnings per diluted share was $0.20, an increase of $0.04 from the first quarter of 2015. “These results illustrate that we are successfully executing our strategic plan, which includes reducing expenses so we can invest in new revenue initiatives,” said Chairman, President and CEO Grayson Hall. “We are demonstrating that we can increase revenue while prudently managing expenses, which puts us on track to reach our long-term performance targets.” For full details, go to regions.com.