INBK - U.S. Banks' Credit Outlooks Show Signs Of Deterioration In Q1 Earnings Reports
2025-05-01 08:05:00 ET
Summary
- US banks' credit quality outlooks dimmed in first quarter earnings calls after President Donald Trump's tariffs on US trading partners drove market volatility and greater economic uncertainty.
- Several US banks increased their credit loss reserves during the first quarter as rising economic uncertainty and increasing recession odds coincided with softening credit quality at some companies.
- Simmons First National Corp. increased its allowance for credit losses by 10 basis points during the quarter, according to a company filing.
US banks' credit quality outlooks dimmed in first quarter earnings calls after President Donald Trump's tariffs on US trading partners drove market volatility and greater economic uncertainty....
U.S. Banks' Credit Outlooks Show Signs Of Deterioration In Q1 Earnings Reports