What is a cash flow waterfall?

A cash flow waterfall is a bar chart that walks from operating cash flow through capital expenditure to free cash flow, then shows how the remaining cash is allocated — acquisitions, buybacks, dividends, debt, and other financing — ending at the net change in cash. Each step is colour-coded: green bars add to the running total, red bars subtract.

How does Regions Financial (RF) spend its free cash flow?

For TTM through Q1 2026, Regions Financial generated $1.98B of operating cash flow and $1.95B of free cash flow — a free cash flow margin of 98.5% of operating cash flow. The waterfall breaks down how the remaining cash was allocated across investing and financing activities.

How much did Regions Financial (RF) return via buybacks and dividends?

The waterfall shows buybacks (share repurchases) and dividends paid as separate steps in the financing section. Together these represent Regions Financial's shareholder returns for TTM through Q1 2026. You can compare these against free cash flow to assess the capital-return payout ratio.

Regions Financial (RF) Cash Flow Waterfall

Operating CF

$1.98B

Capex

-$29M

Free Cash Flow

$1.95B

FCF Margin

+98.5%

Cash flow waterfall for Regions Financial (RF) — TTM through Q1 2026

Free cash flow: $1.95B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Regions Financial (RF) — TTM through Q1 2026

Line item	Amount	Running total
Operating Cash Flow	$1.98B	$1.98B
Capital Expenditure	-$29M	$1.95B
Free Cash Flow	$1.95B	$1.95B
Other Investing	-$3.74B	-$1.78B
Share Buybacks	-$1.23B	-$3.01B
Dividends Paid	-$1B	-$4.01B
Net Debt Change	$300M	-$3.71B
Other Financing & FX	$536M	-$3.17B
Net Cash Decrease	-$3.17B	-$3.17B

Operating Cash Flow$1.98B
Capital Expenditure-$29M
Free Cash Flow$1.95B
Other Investing-$3.74B
Share Buybacks-$1.23B
Dividends Paid-$1B
Net Debt Change$300M
Other Financing & FX$536M
Net Cash Decrease-$3.17B

Want to see what drove the FCF change?Free Cash Flow Bridge

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