Will Comerica (CMA) Beat Estimates Again in Its Next Earnings Report?

Zacks 00:30

Mortgage Applications Fall Sharply as Rates Rise

MT NewswiresJan 2 22:53

Wells Fargo Maintains Comerica(CMA.US) With Hold Rating, Maintains Target Price $73

Futu NewsJan 2 20:31 · Ratings

Comerica (CMA) Receives a Hold From Wells Fargo

TipRanksJan 2 19:55 · Ratings

Next year, the major banks in the USA will usher in a "harvest" year, and every business will "flourish everywhere"?

With the Federal Reserve likely to slow down the pace of interest rate cuts next year, higher rates are expected to expand Banks' net interest margins; incoming USA president Trump is also expected to ease regulations and scrutiny on the financial sector; Analysts surveyed by Institutions generally expect that revenues across all sectors of the world's top Banks (except for FICC Trade) will see the first growth since 2021 next year.

wallstreetcnDec 31, 2024 17:44

Inflation is eroding bottom-tier consumption, and the USA credit card default rate has reached a new high since the financial crisis.

The credit card default rate in the USA reached its highest level since the 2008 financial crisis in the first nine months of 2024, with the total amount of bad credit card loans reaching 46 billion USD, a 50% increase compared to the same period last year. Financial pressure is gradually shifting to low-income groups, who are facing an increasingly heavy debt burden.

wallstreetcnDec 30, 2024 16:28