Jun. 13 at 5:54 PM
$CMA revises Q2 outlook — are deposit pressures a warning sign? 📉
Despite a
$200 million uptick in loans driven by corporate & private banking, Comerica's deposits fell by
$0.6B, pressuring previous Q2 deposit guidance. NII remains flat, with non-interest income expected to register stronger growth.
Discover the full impact on CMA's strategy here 👉 https://www.zacks.com/commentary/2498567/comerica-lowers-q2-deposit-outlook-expects-loans-to-exceed-forecasts?cid=sm-stocktwits-2-2498567-body&ADID=SYND_STOCKTWITS_TWEET_2_2498567_BODY