Jun 01, 2022 / 01:00PM GMT
Matthew Derek O'Connor - Deutsche Bank AG, Research Division - MD in Equity Research
All right. Good morning, everyone. We're ready to get started here. Next up is Regions Financial. We've got CEO, John Turner; and CFO, David Turner. And this will be a fireside chat format.
Questions and Answers:
Matthew Derek O'Connor - Deutsche Bank AG, Research Division - MD in Equity ResearchSo let's just jump right into it. In the span of a couple of months, the macro environment, our outlook has changed pretty meaningfully. We had the Goldilocks scenario in January. Now it seems like the market is really playing. We're expecting a recession. What are you seeing among your client base as you think about the corporates, the commercial customers, the consumer?
John M. Turner - Regions Financial Corporation - President, CEO & Director
The customer is still in very good shape. Consumers solid balances, deposit balances are still holding up. We're seeing a little runoff in consumer balances
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