{"id":393217,"date":"2025-05-25T21:54:25","date_gmt":"2025-05-25T16:24:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/us-banks-amass-88660000000-cash-stockpile-in-just-three-months-as-lenders-abruptly-hoard-assets-sp-global-crypto-news\/"},"modified":"2025-05-25T23:09:44","modified_gmt":"2025-05-25T17:39:44","slug":"us-banks-amass-88660000000-cash-stockpile-in-just-three-months-as-lenders-abruptly-hoard-assets-sp-global-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/us-banks-amass-88660000000-cash-stockpile-in-just-three-months-as-lenders-abruptly-hoard-assets-sp-global-crypto-news\/","title":{"rendered":"US Banks Amass $88,660,000,000 Cash Stockpile in Just Three Months As Lenders Abruptly Hoard Assets: S&#038;P Global &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>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&#038;P Global.<\/p>\n<p>The firm <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.spglobal.com\/market-intelligence\/en\/news-insights\/articles\/2025\/5\/us-banks-hoard-cash-amid-slow-loan-growth-in-q1-88911444\">says<\/a> that in the first quarter of 2025, banks increased their holdings of cash and equivalents by $88.66 billion.<\/p>\n<p>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.<\/p>\n<p><em>\u201cIn 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.\u201d<\/em><\/p>\n<p>Meanwhile, loan growth during the first quarter rose by less than one percent point.<\/p>\n<p>Specifically, banks cut back on credit card, nonresidential construction, farm and auto loans, setting\u00a0a trend that\u2019s likely to continue.<\/p>\n<p><em>\u201cAnalysts 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.\u201d<\/em><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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&#038;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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":393219,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-393217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=393217"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393217\/revisions"}],"predecessor-version":[{"id":393220,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393217\/revisions\/393220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/393219"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=393217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=393217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=393217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}