Regions Financial Corporation (NYSE:RF) reported a $390 million profit in the fourth quarter, as well as a profit of more than $1.5 billion for 2018.
The fourth-quarter earnings represented a 28 percent increase compared to the fourth quarter in 2017. It was also an increase from third-quarter earnings, which reached $354 million. The annual earnings also represent a 28 percent increase over 2017 for Regions, which is Birmingham's only Fortune 500 company and one of its largest employers.