While the U.S. banking sector has stabilized following regional bank failures last March, the industry continues to face several headwinds, including a slowing economy, increased deposit costs, high risk in commercial real estate (CRE) lending, persistent inflation, and a surge in non-performing loans.
Bank stocks Comerica Incorporated (CMA) and Huntington Bancshares Incorporated (HBAN) are scheduled to report their fourth-quarter earnings this Friday, January 19, 2024. Ahead of earnings, investors could avoid these fundamentally weak stocks.
