Bank loans grew 2.1% in the second quarter, the fastest pace since 2022, according to S&P Global Market Intelligence. Banks across all asset sizes showed solid growth, and analyst forecasts for the year rebounded following declines related to tariff announcements in April. However, many still expect slower growth in the second half of the year.
S&P also reported that many banks saw margin expansion as fixed-rate assets repriced higher, despite minimal changes in deposit costs.
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