June 10 (Reuters) - U.S. regional lender Comerica ( CMA )
said on Monday it expects pressure on its net interest
income (NII) forecast for the second quarter and full-year 2024
due to non-interest bearing balance trends.
It had previously forecast a decline in interest income -
the difference between what a bank earns on loans and pays on
deposits - of between 1% and 2% for the three months ended June
30 versus the first quarter.
The bank also expects a roughly 11% drop in NII for the
full-year 2024 versus 2023 levels.