CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Daily Hodl 2025-05-25 14:30:55

US Banks Amass $88,660,000,000 Cash Stockpile in Just Three Months As Lenders Abruptly Hoard Assets: S&P Global

US banks are piling cash onto their balance sheets while showing a weak appetite for lending, according to the financial data and analytics firm S&P Global. The firm says that in the first quarter of 2025, banks increased their holdings of cash and equivalents by $88.66 billion. JPMorgan Chase and Citibank, the first and third-largest US lenders by total assets, drove the bulk of the increase, backed by strong deposit growth, particularly from non-US deposits. “In the first quarter, banks parked more money in cash and equivalents while customers took a wait-and-see approach on the impact of tariffs. The median change in cash and equivalents soared to 11.0%, up from 0.3% in the fourth quarter of 2024.” Meanwhile, loan growth during the first quarter rose by less than one percent point. Specifically, banks cut back on credit card, nonresidential construction, farm and auto loans, setting a trend that’s likely to continue. “Analysts have been cutting net loan growth estimates for most of the largest US public banks and are not projecting a significant rise for the remainder of the year.” The post US Banks Amass $88,660,000,000 Cash Stockpile in Just Three Months As Lenders Abruptly Hoard Assets: S&P Global appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.