Regions Bank 2009 Annual Report Download - page 60

appropriate GAAP or regulatory components to ensure that the Company’s operating results and capital
performance are properly reflected for period-to-period comparisons. Although these non-GAAP financial
measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical
tools, and should not be considered in isolation, or as a substitute for analyses of results as reported under GAAP.
In particular, a measure of earnings that excludes merger and goodwill impairment charges does not represent the
amount that effectively accrues directly to stockholders (i.e., merger and goodwill impairment charges are a
reduction to earnings and stockholders’ equity).
See Table 2 “GAAP to Non-GAAP Reconciliation” below which provides: 1) reconciliations of GAAP net
income (loss) available to common shareholders and earnings per common share to non-GAAP financial
measures, 2) a reconciliation of average and ending stockholders’ equity (GAAP) to average and ending tangible
common stockholders’ equity (non-GAAP), and 3) a reconciliation of stockholders’ equity (GAAP) to Tier 1
capital (regulatory) and to Tier 1 common equity (non-GAAP).
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