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Comerica: One Of The Banks To Own In Falling Interest Rate Environment
CMAComerica(CMA) Seeking Alpha·2024-09-04 09:24

JHVEPhoto/iStock Editorial via Getty Images Comerica Incorporated (NYSE:CMA) is one of the banks to own in a falling interest rate environment due to its relatively large exposure to noninterest-bearing deposits, which are projected to benefit as the Federal Reserve begins to cut rates. Furthermore, Comerica is one of the few banks which anticipate its net interest income to react positively to a decrease in rates, according to its own interest rate sensitivity analysis. Fundamentally, falling interest rate ...