Birmingham’s Regions Financial Corp. today reported record earnings for 2022, with total revenue up 12 percent from the previous year.

In its quarterly report, the company reported fourth quarter net income of $660 million and earnings per diluted share of $0.70.

For the full-year, the company reported net income of $2.1 billion and record pre-tax pre-provision income of $3.1 billion. Compared to 2021, total revenue increased to a record $7.2 billion on both a reported and adjusted basis, driven by growth in net interest income, the company announced.

President and CEO John Turner said the company “continued its focus on delivering consistent, sustainable financial performance, generating record pre-tax pre-provision income for 2022.”

“While uncertainty remains, we have deliberately positioned the company to withstand an array of economic conditions, and our strong performance in 2022 provides a solid foundation as we enter 2023,” he said.

He also congratulated Regions’ workforce on more than 62,000 hours of volunteer work recorded across the bank’s corporate footprint in 2022, and more than $20 million in combined community giving through the Regions Foundation.