Regions Financial Corp. could seek a buyer as an alternative to raising capital to comply with requirements stemming from the Treasury Department's stress test findings, according to an analyst.

Albert Savastano of Fox-Pitt Kelton Cochran Caronia Waller wrote in a note to clients Tuesday that a sale "is a possible outcome" for the Birmingham, Ala., firm, and that BB&T Corp. and JPMorgan Chase & Co. would be the most logical bidders.

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