Regions Bank is the banking subsidiary of Regions Financial Corporation (NYSE: RF), headquartered in Birmingham, Alabama. For net lease investors, a branch lease signed by Regions Bank is an obligation of a regulated bank, and the tenant’s credit, the lease terms and the branch’s location drive value.
| Metric | Details |
|---|---|
| Parent company | Regions Financial Corporation (NYSE: RF), Birmingham, Alabama |
| Bank subsidiary | Regions Bank (Alabama state-chartered bank) |
| S&P / Moody’s (Regions Bank issuer and senior unsecured debt ratings) | A- / Baa1 |
| Investment grade status | Investment Grade |
| Branches | 1,246 branch outlets (June 30, 2026, Form 10‑Q); 1,786 ATMs, with branches in 16 states (December 31, 2025, Form 10‑K) |
| Footprint | Primarily the South, Midwest and Texas; at December 31, 2025 the largest branch counts were in Florida (270), Tennessee (194), Alabama (184), Georgia (117), Mississippi (97), Texas (85) and Louisiana (79) |
| Total assets | About $161.3 billion (June 30, 2026, Form 10‑Q) |
| Median asking cap rate | Too few active listings to report |
Regions Bank Credit Profile
Ratings shown here come from our tenant ratings database and update when agencies change them. For Regions Bank’s issuer and senior unsecured debt ratings: S&P A- and Moody’s Baa1. A rating at or above BBB‑/Baa3 is investment grade. Regions Financial Corporation and Regions Bank carry separate ratings (Form 10‑Q for the quarter ended June 30, 2026), and either could be named on a branch lease, so confirm the named tenant and which rating applies to it. For how the scale works, see the investment grade guide.
Source: S&P Global Ratings A-, as of June 30, 2026; Moody’s Baa1, as of June 30, 2026; Fitch Ratings A-, as of June 30, 2026. Ratings checked September 27, 2026.
Branch Network
Regions operated 1,246 branch outlets at June 30, 2026 (Form 10‑Q). At December 31, 2025, it had 1,786 ATMs, and its branches were in 16 states (Form 10‑K). Its branches are primarily across the South, Midwest and Texas (Form 10‑K).
Regions’ branches are concentrated in the Southeast. At December 31, 2025, the company listed 270 branches in Florida, 194 in Tennessee, 184 in Alabama, 117 in Georgia, 97 in Mississippi, 85 in Texas and 79 in Louisiana, with smaller networks in Arkansas, Missouri, Illinois, Indiana, South Carolina, Kentucky, North Carolina, Iowa and Utah.
Regions Bank NNN Cap Rates
Live asking cap rates for Regions Bank and other bank tenants:
| Tenant | S&P / Moody’s | Median asking cap rate | Middle half of listings | Listings | Median vs. 10-year Treasury |
|---|---|---|---|---|---|
| Fifth Third Bank | A- / A3 | 4.50% | 4.50% to 5.00% | 17 | −74 bps |
| JPMorgan Chase | AA- / Aa2 | 5.00% | 4.65% to 5.25% | 37 | −24 bps |
| PNC Bank | A / A2 | 5.10% | 4.75% to 6.25% | 21 | −14 bps |
| Wells Fargo | A+ / Aa2 | 5.15% | 5.06% to 5.83% | 7 | −9 bps |
| Bank of America | A+ / Aa2 | 5.25% | 5.00% to 6.10% | 21 | +1 bps |
| U.S. Bank | A / A3 | 5.59% | 5.19% to 6.00% | 8 | +35 bps |
| Truist | A / A3 | 6.21% | 5.68% to 6.56% | 4 | +97 bps |
| KeyBank | BBB+ / n/a | 6.30% | 6.00% to 6.50% | 5 | +106 bps |
| Citizens Bank | A- / A3 | 6.50% | 6.44% to 6.75% | 4 | +126 bps |
Active listings InvestmentGrade.com tracks with an asking cap rate (stated in the listing, or computed from its stated income and price when no rate is stated), listings last observed October 16, 2026. Asking cap rates are not closed-sale cap rates. The middle half is the range from the 25th to the 75th percentile of listings. The 10-year Treasury yield is 5.24% as of October 1, 2026 (FRED series DGS10). Ratings are the agency ratings in our ratings database for the entity shown, which may be a parent company; the rating type (for example issuer, senior unsecured debt, long-term debt or revenue bond ratings) varies by company and is shown on each tenant page. A rating applies to a lease only if the rated entity signs or guarantees it, so confirm the tenant and any guarantor in the lease. n/a means no verified rating is on file. Not shown because fewer than 3 active listings with a published cap rate were observed: Regions Bank, Huntington Bank.
Bank branch pricing varies widely, in part because some deals are ground leases, where the bank owns the building and leases the land, while others are building leases with the landlord owning both. Ground leases can ask lower cap rates. Compare a specific branch with listings of the same structure and similar remaining term.
What to Check in a Regions Bank Branch Lease
- Tenant entity: whether the lease is signed by Regions Bank (Alabama state-chartered bank) or another entity, and any guarantee.
- Ground lease or building lease: who owns the improvements and who pays for roof, structure and parking lot.
- Term and options: remaining term, renewal options and the rent schedule for each option.
- Early termination rights: some bank leases allow the bank to close the branch and end the lease early.
- Branch deposits: deposit levels at the branch, which are published annually in the FDIC Summary of Deposits, are one indicator of the branch’s importance to the bank.
- Consolidation risk: banks may close overlapping branches, for example after mergers; check for other branches of the same bank nearby.
Pros and Cons
| Strengths | Considerations |
|---|---|
| Regions Bank, a regulated bank, is rated investment grade; confirm it is the tenant | Banks can close or consolidate branches |
| Branch sites can suit other retail or service re-uses | On a ground lease the landlord owns only land, which is not depreciable (Treasury Regulation section 1.167(a)‑2), and ground leases can ask low cap rates |
| Rated by S&P, Moody’s and Fitch (Form 10‑Q) | Some leases include early termination rights |
Comparable Bank Tenants
Compare Regions Bank with other bank tenants such as PNC Bank, Truist, U.S. Bank and JPMorgan Chase, which appear in the live table above when enough listings are available.
Frequently Asked Questions
What is Regions Bank’s credit rating?
For Regions Bank’s issuer and senior unsecured debt ratings, our ratings database shows S&P A- and Moody’s Baa1. Check which entity, the holding company or the bank, is the tenant on a specific lease.
How many branches does Regions Bank have?
Regions reported 1,246 branch outlets at June 30, 2026 (Form 10‑Q). At December 31, 2025, it had 1,786 ATMs, its branches were in 16 states, and Florida, Tennessee and Alabama had the most branches (Form 10‑K).
What asking cap rates do Regions Bank branches list at?
The live table on this page shows the current median asking cap rate for Regions Bank branches when at least three listings with a published cap rate are available. Ground leases and building leases price differently, and asking cap rates are not closed-sale cap rates.
What is a triple net (NNN) lease?
In a triple net lease the tenant pays property taxes, insurance and maintenance in addition to rent. Some bank leases leave roof, structure or parking lot costs with the landlord, so read the lease.
Sources: Regions Financial Corporation Form 10‑K for 2025 and Form 10‑Q for the quarter ended June 30, 2026.
Regions Bank Net Lease Property: Buying, Selling and Financing
Buying: We find on-market and off-market Regions Bank properties, review the lease and the tenant’s credit, and compare pricing with current listings. On the majority of transactions, there is no separate fee to you as the buyer; the listing broker pays a cooperating commission.
Selling: We can prepare an opinion of value from current listings and recent sales and, when it fits your goals, run a confidential sale to private investors, family offices and institutional buyers. See our guide to off-market sales.
Financing: Investment Grade Capital, a service of Investment Grade LLC, matches buyers and owners with lenders for acquisitions and refinancing.
1031 exchanges: Tell us your identification and closing deadlines so we can plan the search around them.
Request an NNN investment consultation or email team@investmentgrade.com.
Related NNN Tenants
Regions Bank NNN Properties Observed For Sale
2 active Regions Bank net lease listings observed across public listing sources, most recently Oct 16, 2026. Asking figures as published by the listing party.
| Location | Asking Price | Cap Rate | Building SF | Term Left | |
|---|---|---|---|---|---|
| Atlanta, GA | $6,270,000 | 5.00% | 6,568 | 10.0 yrs | View listing |
| TUCKER, GA | $2,977,280 | 6.25% | 3,930 | n/a | View listing |
Search all 2 observed Regions Bank listings and the full NNN inventory
Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Buyer representation available on a cooperating commission basis. Information deemed reliable but not guaranteed.
