Regions Bank 2009 Annual Report Download - page 3

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TO OUR SHAREHOLDERS: There is no question
that we were faced with an incredibly challenging
economic and banking environment in 2009, which
led to disappointing fi nancial results. However, during
the year we took important steps to manage those
things within our control – helping to mitigate the
impact of the tough market and ultimately positioning
us well for the economic recovery. The actions we
have taken – combined with good performance from
key areas of our business in 2009 – give me
confi dence that Regions has signifi cantly improved
prospects for the future. We are committed to returning
to profi tability, and while I cannot give you a specifi c
timeline as to when this will occur, I believe the
worst is behind us.
MESSAGE FROM C. DOWD RITTER