Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild'

Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up.Average balances for total loans were down 0.1% compared to the previous quarter and down 1.3% compared to the second quarter of 2023, the parent company of 1,250-location Regions Bank said in a Friday (July 19) earnings release.“Average and ending loans remain relatively stable on a sequential quarter basis,” David J. Turner, Jr., senior executive vice president and chief ...