EXHIBIT 12

Regions Financial Corporation

Computation of Ratio of Earnings to Fixed Charges

(from continuing operations)

(Unaudited)

	December 31
	2010			2009			2008			2007		2006
	(Amounts in millions)
Excluding Interest on Deposits
Income (loss) from continuing operations before income taxes	$	(885	)	$	(1,202	)	$	(5,933	)	$	2,039	$	1,992
Fixed charges excluding preferred stock dividends and accretion		570			791			1,061			1,077		696
Income (loss) for computation excluding interest on deposits		(315	)		(411	)		(4,872	)		3,116		2,688
Interest expense excluding interest on deposits		502			720			996			1,012		661
One-third of rent expense		68			71			65			65		35
Preferred stock dividends and accretion		224			230			26			—		—
Fixed charges including preferred stock dividends		794			1,021			1,087			1,077		696
Ratio of earnings to fixed charges, excluding interest on deposits		(0.40	)		(0.40	)		(4.48	)		2.89		3.86
Including Interest on Deposits
Income (loss) from continuing operations before income taxes	$	(885	)	$	(1,202	)	$	(5,933	)	$	2,039	$	1,992
Fixed charges excluding preferred stock dividends and accretion		1,325			2,068			2,785			3,741		2,376
Income (loss) for computation including interest on deposits		440			866			(3,148	)		5,780		4,368
Interest expense including interest on deposits		1,257			1,997			2,720			3,676		2,341
One-third of rent expense		68			71			65			65		35
Preferred stock dividends and accretion		224			230			26			—		—
Fixed charges including preferred stock dividends		1,549			2,298			2,811			3,741		2,376
Ratio of earnings to fixed charges, including interest on deposits		0.28			0.38			(1.12	)		1.54		1.84