US regional banks join bigger peers in signaling resilient economy as lending holds firm

People have accepted global uncertainty as the new normal and are pushing forward with operations, PNC Financial CEO William Demchak said. People are investing ⁠into it,” Demchak added.

“The clouds ‌are ​as dark as they ever were, but the economy’s ⁠still strong. PNC led the regional banks’ loan growth at 14.2% in the third quarter, followed by U.S.