Wunderlich Calling Comerica It's "most asset-sensitive regional bank' Heading Into Potential FOMC Rate Hike, PT To $60 From $55 & Reiterates Buy

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Wunderlich says ~85 percent of company loans are floating rate, with 75 percent tied to LIBOR. When it comes to funding 47 percent are non-interest bearing. Wunderlich cites CMA's claim that positive 1 percent move in rates would generate $110M in additional Non-interest income or ~$0.40 to EPS.
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