Comerica: Deposit Pressures Reflected After A Mixed Q4 (Rating Upgrade)
Core Insights - Comerica's shares have increased by 15% over the past year, but this performance is below the market average and many financial institutions [1] - The company is facing challenges due to a decline in non-interest-bearing (NIB) deposits and the loss of a government contract [1] Company Performance - The stock has shown mixed performance, indicating volatility in its market position [1] - The decline in NIB deposits is a significant concern for the company's financial health [1] Market Context - Comerica's performance is contrasted with broader market trends and other financial companies, highlighting its underperformance [1]