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CMA / Will Lower NII & Fee Income Hurt Comerica's (CMA) Q3 Earnings?

Will Lower NII & Fee Income Hurt Comerica's (CMA) Q3 Earnings?
A weaker lending environment and high funding costs are likely to have affected Comerica's (CMA) NII. A fall in fee income is also expected to hurt its Q3 Earnings. Read More
Posted: Oct 18 2023, 14:17
Author Name: Zacks Investment Research
Views: 112411

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By Market Watch
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Comerica Inc.'s CMA, -1.28% stock rose 1.2% in premarket trading on Friday after the bank said its third-quarter net income fell by 28% to $251 millio more_horizontal

Will Lower NII & Fee Income Hurt Comerica's (CMA) Q3 Earnings?

By Zacks Investment Research
October 18, 2023

Will Lower NII & Fee Income Hurt Comerica's (CMA) Q3 Earnings?

A weaker lending environment and high funding costs are likely to have affected Comerica's (CMA) NII. A fall in fee income is also expected to hurt it more_horizontal


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