Huntington CFO says loan growth is boosting profit as businesses proceed with 'cautious optimism' amid tariff uncertainty

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Huntington CFO says loan growth is boosting profi .. with 'cautious optimism' amid tariff uncertainty

Huntington CFO says loan growth is boosting profit as businesses proceed with 'cautious optimism' amid tariff uncertainty

^{Published on 2025-04-18 10:06:29 - Fortune}

The regional bank operates from a "position of opportunity," says Zachary Wasserman.

Huntington Bancshares Inc. reported a significant increase in loan growth and profits in the first quarter of 2025, driven by robust demand across various sectors, according to CFO Zach Wasserman. Despite the positive financial results, Wasserman expressed cautious optimism about the future, citing potential challenges from proposed tariff increases that could impact economic growth. He emphasized the bank's focus on maintaining strong credit quality and liquidity to navigate any upcoming economic uncertainties, while also highlighting opportunities for further expansion in commercial and industrial lending.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/18/huntington-cfo-loan-growth-profit-cautious-optimism-tariff/ ]

N@N

Huntington CFO says loan growth is boosting profit as businesses proceed with 'cautious optimism' amid tariff uncertainty