SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Smith Ronald G.

(Last)

(First)

(Middle)

P. O. BOX 10247

(Street)

BIRMINGHAM

35202-0247

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/31/2010

3. Issuer Name and Ticker or Trading Symbol
REGIONS FINANCIAL CORP [ RF ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SEVP

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	117,905⁽¹⁾	D
Common Stock	8,145.3143	I	By 401(k)
Common Stock (phantom stock)	4,590.2319	I	Indirect - By 401 (k) Supplemental Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽²⁾	⁽²⁾	Common Stock	14,143	⁽²⁾	D
Stock Option (Right to Buy)	02/24/2011⁽³⁾	02/23/2019	Common Stock	133,419	$3.29	D
Stock Option (Right to Buy)	06/22/2011⁽⁴⁾	06/21/2020	Common Stock	233,150	$7	D
Stock Option (Right to Buy)	⁽⁵⁾	04/02/2011	Common Stock	797	$21.23	D
Stock Option (Right to Buy)	⁽⁵⁾	02/01/2011	Common Stock	19,237	$21.34	D
Stock Option (Right to Buy)	02/28/2011⁽⁶⁾	02/27/2018	Common Stock	94,006	$21.94	D
Stock Option (Right to Buy)	⁽⁵⁾	01/29/2012	Common Stock	23,922	$25.41	D
Stock Option (Right to Buy)	⁽⁵⁾	02/10/2013	Common Stock	22,328	$25.7	D
Stock Option (Right to Buy)	⁽⁵⁾	02/04/2014	Common Stock	24,241	$30.55	D
Stock Option (Right to Buy)	⁽⁵⁾	02/08/2015	Common Stock	29,424	$32.02	D
Stock Option (Right to Buy)	⁽⁵⁾	04/03/2016	Common Stock	23,284	$34.46	D
Stock Option (Right to Buy)	⁽⁵⁾	04/23/2017	Common Stock	31,429	$35.07	D

Explanation of Responses:

1. Includes 79,251 shares of restricted stock; the restrictions lapse on February 24, 2013.

2. Each restricted stock unit is the equivalent of one share of Regions Financial Corporation common stock, and will be settled in shares of common stock on October 19, 2012.

3. Options vest in 3 equal installments with the first one being fully vested, 44,472 options vesting on February 24, 2011 and 44,473 options vesting on February 24, 2012.

4. Options vest in 3 equal installments with the first one vesting on June 22, 2011, the second one vesting on June 22, 2012 and the third one vesting on June 22, 2013.

5. These options are fully vested.

6. Options vest in 3 equal installments with the first two being fully vested and 31,335 options vesting on February 28, 2011.

Remarks:

smithpoa.txt

	Lachelle S. Koon - Attorney -in-Fact	01/10/2011
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.