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Regions Sees Soft Loan Demand Due to Cautious Customers
RFRegions Financial(RF) PYMNTS·2024-01-19 18:11

Regions Financial saw loan demand remain soft in the fourth quarter as customers continued to be cautious.Average and ending loans decreased “modestly” compared to the previous quarter, according to a presentation released Friday (Jan. 19) in conjunction with the bank’s quarterly earnings call.In the bank’s business portfolio, average business loans declined 1% quarter over quarter, according to the presentation.“We are seeing clients make long-term investments when they have to, but if they can defer, they ...