First Horizon CFO Says Loan Growth Is Still Difficult for Regionals Banks
- Investors look skeptically at lenders that grow too fast: CFO
- Memphis bank isn’t in merger talks and has no takeover plans
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Loan growth remains a sore spot for US regional banks, as investors look skeptically at lenders that expand too quickly, First Horizon Corp. Chief Financial Officer Hope Dmuchowski said.
“The pipeline has really, really come down in the last two quarters,” Dmuchowski said on Bloomberg Television Thursday. “Last quarter is our first negative growth on the loan side.”