04/28/2025 | Press release | Distributed by Public on 04/28/2025 11:57
Morristown, NJ - Valley Bank CEO, Ira Robbins, joined CNBC's 'Power Lunch' on Friday, April 25, 2025, to discuss the current state of consumer sentiment, the demand in commercial real estate, and the bank's lending strategies. He noted that consumer confidence remains steady, with spending patterns reflecting cautious optimism. Robbins highlighted a strong demand for commercial real estate, particularly in sectors adapting to post-pandemic trends. He emphasized Valley Bank's commitment to prudent lending practices, ensuring support for clients while maintaining financial stability. Robbins also addressed the broader economic outlook, expressing confidence in the resilience of the banking sector amid evolving market conditions.
Watch the full video here: https://www.cnbc.com/video/2025/04/25/valley-bank-ceo-on-consumer-sentiment-commercial-real-estate-demand-and-lending.html?__source=sharebar|email&par=sharebar