US Regional Banks Struggle with Lost Deposits and Stock Slides.

The stocks of KeyCorp, Comerica, and Zions Bancorp fell after all three reported a drop in deposits and weaker-than-expected quarterly results, as regional banks sustained collateral damage from the collapse of Silicon Valley Bank. Banks that have reported so far have seen deposits drop by about 2% in the quarter, less than the 3% to 3.5% rate suggested by recent Fed data. To win more positive sentiment from investors, it may be necessary for deposit stability to continue for another quarter or two.