Oct. 17 at 5:19 PM
$CMA's Q3 earnings beat expectations, but what's the real story behind the numbers? 🤔
Earnings of
$1.35/share topped the Zacks Consensus Estimate of
$1.28, driven by a 7.5% year-over-year rise in net interest income. Yet, declining non-interest income, deteriorating credit quality, and rising expenses are worrisome. ⚠️
Discover the full breakdown here 👉 https://www.zacks.com/stock/news/2771406/comerica-q3-earnings-top-estimates-on-higher-nii-provision-up?cid=sm-stocktwits-2-2771406-body-16691&ADID=SYND_STOCKTWITS_TWEET_2_2771406_BODY_16691