Friday, 16 October 202621:25 UTCWire updated 21:25 UTC

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Banking & Lending

Regions expects cybersecurity to increase adjusted noninterest expense 1.5% to 3.5%

Regions expects cybersecurity to increase adjusted noninterest expense 1.5% to 3.5%. 1.5% to 3.5% Expected 2026 rise in adjusted noninterest expense

Regions Financial, the parent of Regions Bank, expects cybersecurity to increase its adjusted noninterest expense by 1.5% to 3.5% for full-year 2026. Asked about banks redirecting tech investment toward cyber risk, CFO Anil Chadha said such investments are of heightened importance now. Chadha also said the company expects that to continue through time.

NoteChadha expects this spending to continue through time. For a bank this size, that makes cyber a standing line in the expense plan.

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