Comerica (CMA) Thrives on Loan Growth Amid Rising Expenses

Comerica Incorporated (CMA) is well-poised to gain on the back of steady loan growth, sales tools improvement and product enhancement. The company’s capital distribution activities are backed by a strong liquidity profile. However, elevated expenses and lack of loan portfolio diversification, along with geographic concentration, remain near-term concerns.Comerica’s revenue generation heavily relies on its loan growth. The loan balance witnessed a four-year compound annual growth rate (CAGR) of 0.9% (2019- 2 ...