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$CMA's net interest margin (FTE) for 1Q16 increased 17 basis points to 2.81% from 2.64% last year, primarily from higher yields on loans and the reinvestment of Federal Reserve Bank (FRB) deposits into higher yielding Treasury securities. The increase in loan yields primarily reflected the benefit from the increase in short-term rates.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.