M&A Deal Summary

Regions Financial Acquires AmSouth Bancorporation

On November 4, 2006, Regions Financial acquired financial services company AmSouth Bancorporation for 9.8B USD

Acquisition Highlights
  • This is Regions Financial’s 2nd transaction in the Financial Services sector.
  • This is Regions Financial’s largest (disclosed) transaction.
  • This is Regions Financial’s 2nd transaction in the United States.
  • This is Regions Financial’s 1st transaction in Alabama.

M&A Deal Summary
Date 2006-11-04
Target AmSouth Bancorporation
Sector Financial Services
Buyer(s) Regions Financial
Deal Type Add-on Acquisition
Deal Value 9.8B USD

Target

AmSouth Bancorporation

Birmingham, Alabama, United States
AmSouth Bancorporation, a financial service company.

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Buyer(S) 1

Buyer

Regions Financial

Birmingham, Alabama, United States
Category Company
Founded 1971
Sector Financial Services
Employees20,101
Revenue 7.6B USD (2023)
DESCRIPTION
Regions' headquarters in downtown Birmingham, Alabama.
Regions' headquarters in downtown Birmingham, Alabama.

Regions Financial is a full-service provider of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,700 banking offices and 2,000 ATMs. Regions Financial was founded in 1971 and is based in Birmingham, Alabama.

DEAL STATS #
Overall 2 of 7
Sector (Financial Services) 2 of 6
Type (Add-on Acquisition) 2 of 5
State (Alabama) 1 of 2
Country (United States) 2 of 7
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-03 Strategic Outsourcing

Charlotte, North Carolina, United States

Strategic Outsourcing is a professional employer organization (PEO), which provides human resources outsourcing to small- and medium-sized businesses. The company specializes in payroll administration, safety and risk management, workers’ compensation, human resource administration, compliance, and benefits administration.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-06 Regions Insurance

Little Rock, Arkansas, United States

Regions Insurance, Inc. is an insurance brokerage company, provides insurance solutions and risk management services. Regions Insurance was founded in 1928 and is based in Little Rock, Arkansas.

Sell -
Mergr

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