The newest challenge to present itself, and the hot topic for discussion at the moment, are trade tariffs enacted by the current administration. As tariffs pertain to CRE, the most immediate impact is escalating construction costs and the potential for new supply chain disruptions contributing to overall uncertainty in the near-term.
At First Bank, we’re proud of our multi-generational, family-owned, and St. Louis, MO-based heritage. As a one-stop financial resource and strategic partner for businesses across various backgrounds and industries, we proudly help clients turn challenges into opportunities.