Regions Bank

Tenant Description

Regions Financial Corporation was founded in 1852 and is headquartered in Birmingham, Alabama. With $125+ billion in assets, it is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage and insurance products and services. It operates 1600+ banking offices and 2000+ ATMs across the South, Midwest and Texas, through its main three business segments: Corporate Bank, Consumer Bank, and Wealth Management.

What We Like About Regions Bank

Corporate Guarantee, Rent Increases In Primary Lease Term

What To Look For When Buying A Regions Bank

What are the total deposits at this location? Many think that physical bank branches are being strongly effected by online banking. You can look up any individual bank branch deposits at the FDIC website

https://www5.fdic.gov/sod/sodInstBranch.asp?barItem=1

Competition

Chase, Bank Of America, Wells Fargo

Regions Bank Website

https://www.regions.com/personal-banking

Corporate Office Location

1900 Fifth Avenue North – Birmingham, Alabama 35203

Fast Facts

As of January 2019 Regions is Ranked #25 on the list of largest banks in the United States.

Regions is the largest deposit holder in Alabama and Tennessee. It is also one of the largest deposit holders in Arkansas, Louisiana, Mississippi, and Florida.

As of January 2019 Regions is ranked 460th on the Fortune 500 List as of 2019

Stock Price
Tenant News
Average Cap Rate Trend
6.25%
2019
6.00%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$3,200,000
Avg. Annual Rental Income$160,000
Average Price/SF$1,050/SF
Typical Lease TypeGround Lease
Typical Lease Term20 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PBBB+ Stable
Moody'sBaa2 Stable

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *