Visual Presentation of February 2, 2010

Morgan Stanley

U.S. Financials Conference

February 2, 2010

Exhibit 99.1

Forward Looking Statements

The information contained in this presentation may include forward-looking statements which reflect Regions' current views with respect to future events and

financial performance. The Private Securities Litigation Reform Act of 1995 (the “Act”) provides a “safe harbor” for forward-looking statements which are

identified as such and are accompanied by the identification of important factors that could cause actual results to differ materially from the forward-looking

statements. For these statements, we, together with our subsidiaries, claim the protection afforded by the safe harbor in the Act. Forward-looking statements

are not based on historical information, but rather are related to future operations, strategies, financial results or other developments. Forward-looking

statements are based on management’s expectations as well as certain assumptions and estimates made by, and information available to, management at the

time the statements are made. Those statements are based on general assumptions and are subject to various risks, uncertainties and other factors that may

cause actual results to differ materially from the views, beliefs and projections expressed in such statements. These risks, uncertainties and other factors

include, but are not limited to, those described below:

›

In October 2008 Congress enacted and the President signed into law the Emergency Economic Stabilization Act of 2008, and in February, 2009 the

American Recovery and Reinvestment Act of 2009 was signed into law. Additionally, the Department of the U.S. Treasury and federal banking regulators

are implementing a number of programs to address capital and liquidity issues in the banking system, and may announce additional programs in the

future, all of which may have significant effects on Regions and the financial services industry, the exact nature and extent of which cannot be determined

at this time.

›

The impact of compensation and other restrictions imposed under the Troubled Asset Relief Program (“TARP”) until Regions is able to repay the

outstanding preferred stock issued under the TARP.

›

Possible additional loan losses, impairment of goodwill and other intangibles and valuation allowances on deferred tax assets and the impact on earnings

and capital.

›

Possible changes in interest rates may affect funding costs and reduce earning asset yields, thus reducing margins.

›

Possible changes in general economic and business conditions in the United States in general and in the communities Regions serves in particular.

›

Possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans.

›

Possible changes in trade, monetary and fiscal policies, laws and regulations, and other activities of governments, agencies, and similar organizations,

including changes in accounting standards, may have an adverse effect on business.

›

The current stresses in the financial and real estate markets, including possible continued deterioration in property values.

›

Regions' ability to manage fluctuations in the value of assets and liabilities and off-balance sheet exposure so as to maintain sufficient capital and liquidity

to support Regions' business.

›

Regions' ability to achieve the earnings expectations related to businesses that have been acquired or that may be acquired in the future.

›

Regions' ability to expand into new markets and to maintain profit margins in the face of competitive pressures.

›

Regions' ability to develop competitive new products and services in a timely manner and the acceptance of such products and services by Regions'

customers and potential customers.

›

Regions' ability to keep pace with technological changes.

›

Regions' ability to effectively manage credit risk, interest rate risk, market risk, operational risk, legal risk, liquidity risk, and regulatory and compliance risk.

›

The cost and other effects of material contingencies, including litigation contingencies.

›

The effects of increased competition from both banks and non-banks.

›

The effects of geopolitical instability and risks such as terrorist attacks.

›

Possible changes in consumer and business spending and saving habits could affect Regions' ability to increase assets and to attract deposits.

›

The effects of weather and natural disasters such as droughts and hurricanes.

The foregoing list of factors is not exhaustive; for discussion of these and other risks that may cause actual results to differ from expectations, please look under

the captions “Forward-Looking Statements” and “Risk Factors” in Regions’ Annual Report on Form 10-K for the year ended December 31, 2008 and Forms 10-Q

for the quarters ended March 31, 2009 (as amended) June 30, 2009 and September 30, 2009, as on file with the Securities and Exchange Commission.

The words "believe," "expect," "anticipate," "project," and similar expressions often signify forward-looking statements. You should not place undue reliance on

any forward-looking statements, which speak only as of the date made. We assume no obligation to update or revise any forward-looking statements that are

made from time to time.

Positioned for Return to Profitability with

Strong Underlying Fundamentals

›

Fourth Quarter Financial Highlights

›

Improving Credit Trends

›

Solid Capital Position

›

Geographically Diversified Franchise

›

Focus on Returning to Profitability through Excellent

Execution

›

Strategic Priorities

Summary of Fourth Quarter 2009 Results

›

Loss per diluted share of $0.51

›

Strong low-cost customer deposit growth

›

Earning

assets

increased

1%;

securities

purchased

were

partially

offset

decrease

loans

due to light demand and decreased, but stabilizing line utilization

›

Net interest margin steady at 2.72%, benefiting from low cost deposit growth and improving

funding mix; net interest income up slightly

›

Non-interest revenues, as adjusted for securities and leveraged lease termination gains,

declined 3% due largely to lower mortgage revenues

›

Non-interest expenses remained relatively flat linked quarter, excluding prior quarter branch

consolidation costs

›

Capital ratios remain strong, with Tier 1 of 11.6% and Tier 1 Common equity of 7.2%

›

Credit quality

›

Annualized net charge-offs stabilizing at 2.99% of average loans, driven by higher

mortgage and consumer losses

›

Allowance for credit losses, up approximately $500 million, stands at 3.52% of loans with

$1.2 billion loan loss provision

›

Non-performing

assets,

excluding

loans

held

for

sale,

increased

$376

million

$4.1

billion

(1)

; Inflows of non-performing assets slowing

Note: Comparisons are to previous quarter

(1)

Excluding loans held for sale

›

Allowance for loan losses coverage of non-performing loans of 0.89x

(1)

Charge-Offs Stabilizing

but Remain Elevated

$250

$500

$750

$1,000

4Q08

1Q09

2Q09

3Q09

4Q09

Business Services

Consumer

Sales/Transfer to HFS

$ millions

$796

$390

$491

$680

$692

Gross and Net NPA Migration Declining

-$500

$500

$1,000

$1,500

$2,000

4Q08

1Q09

2Q09

3Q09

4Q09

Net NPA Change

Gross NPA Additions

$ millions

Net NPA* Change down 43%

3Q09 to 4Q09

* Excludes non-performing assets held for sale

Gross NPA Migration Declining

$500

$1,000

$1,500

$2,000

1Q09

2Q09

3Q09

4Q09

Land/Condo/Single Family

Income Producing CRE

Business and Community

Commercial

Consumer

$ millions

$1.12B

$1.76B

$1.67B

$1.40B

›

Non-Performing

Asset

migration

continues

moderate

from

the

quarter

high.

Quarter over quarter, the gross migration was down 16% as a result of lower CRE

NPA inflow

Disposed of $2.7 Billion in Problem Assets

Over Past 15 Months

$300

$600

$900

$1,200

4Q08

1Q09

2Q09

3Q09

4Q09

Sales

Transfer to HFS

$ millions

$228

$281

$554

$643

$1,039

Note: $2.7B of dispositions include loans sold or moved to held for sale. The

12/31/09 balance in held for sale was $317MM.

Capital Ratios Remain Strong

3Q09

4Q09

(1)

Total Risk-Based Capital Ratio

16.3%

15.8%

Tier 1 Capital Ratio

12.2%

11.6%

Tier 1 Common

7.9%

7.2%

(1) Current quarter ratios are estimated

7.2

11.6

Tier 1

T1C

Regions’

Capital Levels Strong and Comparable to

Peers

Peers include: BAC, BBT, CMA, FITB, KEY, MI, PNC, STI, USB, WFC; MTB; Estimated capital ratios as of December 31, 2009; MI and MTB capital ratios as of September 30, 2009

Source: SNL and Company Reports

Superior Customer Satisfaction Drives Growth

1.6%

11.4%

794,236

1,008,106

6.1%

10.4%

0.000

New Checking Sales

Attrition

Household Growth

2008

2009

Result = Increased Customer Deposits and Lower Cost

›

Opened a record 1,000,000+

new retail and business

checking accounts in 2009

›

Retention remains better

than industry norms and at

historical highs

›

Average customer deposits

grew $1.6 billion linked

quarter; over $8.4 billion

year-over-year

›

Total deposit costs have

declined 66 basis points in

2009

$80.0

$85.0

$90.0

$95.0

$100.0

Q408

Q109

Q209

Q309

Q409

1.00%

1.10%

1.20%

1.30%

1.40%

1.50%

1.60%

1.70%

1.80%

1.90%

Customer Deposits

Total Deposit Costs

10% year over year

growth in average

customer deposits

Credit Available, but Demand Remains Soft

›

Commitment levels remain high

›

Utilization rates reflect weaker demand but stabilizing

($ in billions)

Commercial

$25.0

$24.9

$24.5

$25.5

$24.9

48.9%

47.5%

45.4%

42.8%

41.2%

$5.0

$10.0

$15.0

$20.0

$25.0

$30.0

40%

42%

44%

46%

48%

50%

52%

Dec’08

Mar’09

Jun’09

Sept’09

Dec’09

Commitments

Utilization Rate

Small Business Lending Stabilizing

$4.6

$4.5

$4.4

$4.5

$4.6

$4.5

57.6%

57.0%

57.3%

57.5%

56.9%

56.2%

57.1%

$2.5

$3.0

$3.5

$4.0

$4.5

$5.0

Jun'09

July'09

Aug'09

Sept'09

Oct'09

Nov'09

Dec'09

50%

51%

52%

53%

54%

55%

56%

57%

58%

59%

60%

Commitments

Utilization Rate

Small Business

($ in billions)

Steady Margin and Net Interest Income; Expected to

Rise throughout 2010 and Beyond

›

Stabilized Net Interest Margin;

Expected to climb to 3.00% or

higher by year-end 2010

›

Consistent improvements in

pricing of new and renewed loans

›

Ongoing improvement in deposit

mix and pricing with substantial

remaining repricing opportunity in

maturing, higher cost CDs

›

Asset sensitive balance sheet

well positioned for eventual rising

rate environment

740

760

780

800

820

840

860

880

900

920

940

960

Q408

Q109

Q209

Q309

Q409

2.50%

2.60%

2.70%

2.80%

2.90%

3.00%

3.10%

3.20%

3.30%

3.40%

3.50%

Net Interest Income

Net Interest Margin

Strategic Priorities Guiding Focus and Results

›

Keep Focused on the Customer

›

Protect the Future

›

Restore Financial Performance

›

Execute with Excellence

Appendix

Diversified Southeastern Franchise

›

Strategically important position across

a number of Southeastern markets

Regions

Morgan Keegan

Insurance

Offices

1,895

324

As of December 31, 2009

Morgan Keegan

Leading Regional

Retail Brokerage, Investment

Banking and Financial Services

Company

Morgan Keegan Highlights

›

1,267 Financial Advisors

›

324 Offices in 19 States

›

$76 billion of customer assets

›

$70 billion of trust assets

›

$71 million assets per

financial advisor

›

$4.2 billion of new brokerage

assets added this year

›

Revenues of $1.3 billion in

2008 and 2009

Morgan Keegan Branches

Strong

and Improving

Market Share

Note: Based on June 30, 2009 FDIC data per SNL. Adjusted for brokered deposits in MS and GA.

State

Deposits ($B)

Rank

18.9

17.4

17.3

7.3

7.0

6.4

4.6

3.7

2.7

2.5

2.4

Other

3.5

% of Total

Mkt. Share