Regions Sees Soft Loan Demand Due to Cautious Customers
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 ...