Regions Financial (NYSE: RF) struggled this week as its stock price dropped 13.7%, as of Friday's opening bell, according to S&P Global Market Intelligence. The stock was trading at about $16.45 per share as of Friday morning's open, down 23.7% year to date.

The markets were all down this week, as the S 500 fell 2.6%, the Dow Jones Industrial Average 2.8%, and the Nasdaq Composite 2.1%, as of Friday at 9:30 a.m. ET.

This was a difficult week for bank stocks across the board, particularly regional banks, as the fallout continued from the March banking crisis. On Monday, we learned about the failure of another bank, First Republic (OTC: FRCB), which was immediately sold off by federal regulators to JPMorgan Chase (NYSE: JPM). First Republic's is the second-largest bank failure in U.S. history, behind Washington Mutual's in 2008. At the end of 2022, it had $212 billion in assets, making it the 14th largest U.S. bank. 

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Source Fool.com