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Spotlight on loan growth — or lack of it — as earnings season kicks off


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When earnings season kicks off Tuesday, banks are expected to report a continuing influx of deposits, still-improving credit performance and a resumption of share buybacks that were largely halted during the pandemic.
But this year’s great unknown — when loan growth will return — may well drive the chatter.
Lending activity remains sluggish in part because of low credit line utilization by commercial borrowers that are having trouble hiring workers and replenishing their inventories. Another factor is the flurry of federal stimulus spending that has pumped cash to both businesses and consumers.
Though some regional banks, such as Providence, Rhode Island-based Citizens Financial Group and Dallas-based Comerica, have said recently that their ....

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