Good morning. There’s increasing uncertainty surrounding tariffs. However, many small businesses and middle-market companies continue to seek growth opportunities.
Customers are showing resilience, said Zachary Wasserman, CFO of Huntington Bancshares Inc. (No. 375 on the Fortune 500), a $210 billion asset regional bank holding company headquartered in Columbus, Ohio. Huntington operates 968 branches in 13 states.
What he's hearing from clients is “cautious optimism” and, particularly on the business side, a lot of strong preparation to manage through an uncertain environment, Wasserman said. But for companies in industries with supply chains that are most exposed to the impact of tariffs, “there's more trepidation,” he added.
