Regions Financial Corporation (NYSE:RF): Highest Ranked Bank in 2014 According to Temkin Experience Ratings

by Tom Carlson | Tuesday, Mar 25, 2014 | 1298 views

Boston, MA, 03/25/2014  (usastockreports) – Regions Financial Corporation (NYSE:RF) is the highest ranked bank in terms of service delivery to customers, according to Temkin Group rankings. The bank came in at 8th overall, in a ranking involving 268 companies. The bank further received 10 points higher than that of the overall banking industry.

Regions’ senior executive vice president Bill Askew was quick to point out that the ranking was a reflection of the bank’s commitment and dedication towards clients and associates. Region’s maintains it has been building relationships with its customers to better understand their needs and provide the best of solutions in terms of their financial goals.

Temkin carried out a survey of 10,000 US consumers in which each one of them was asked to identify the company they had interacted with, over the past 60 days. The rankings only took into considerations companies with more than 100 consumer responses.

Consumers were required to rate their experiences for each of the companies they interacted and how they felt about the services offered. Consumer ratings and verdict was subsequently used to establish the overall rating of a company.

Regions Finally Surpasses the Psychological $10 Mark

Regions Financial Corporation (NYSE:RF) continue to enjoy a good run in the market after finally clocking the psychological $10 mark which is close to its $52 week high of $11.74. The biggest worry at the moment with many investors is whether the company will be able to maintain the upward momentum. Region’s stock has rallied by over 10% in the past 12 weeks with many analysts of the view that the company could hit further heights in the coming months.

Regions CEO awarded 3.9% Pay Rise

Regions Financial Corporation (NYSE:RF)’s Chairman and Chief Executive officer has seen his 2013 pay package receive 3.9% hike according to a filling to the Securities and Exchange Commission. The CEO 2013 salary will include a basic salary of $975,000 and stock awards worth $2.93 million.

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