Comerica Lowers Q2 Deposit Outlook, Expects Loans to Exceed Forecasts
Key Takeaways CMA now sees Q2 average deposits declining due to softness in middle market and corporate banking. Quarter-to-date loans rose $200M, with gains in corporate and private banking driving the increase. Comerica expects Q2 average loan balances to outperform its earlier guidance of a slight decline.Comerica Incorporated (CMA) has mentioned changes to its second-quarter 2025 outlook for loans and deposits at the Morgan Stanley US Financials, Payments & CRE Conference.Quarter to date through May 3 ...