Comerica

Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Commercial Bank, Retail Bank, Wealth Management, Finance, and Other. The Commercial Bank segment meets the needs of small and middle market businesses, multinational corporations and governmental entities by offering various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services. The Retail Bank segment includes small business banking and personal financial services, which consist of consumer lending, consumer deposit gathering, and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking, and brokerage services. The Finance segment consists of the corporation's securities portfolio and asset and liability management activities. The Other category includes the income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.

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Comerica achieves record earnings in 2022, focuses on sustainability

Comerica's 2022 performance showcased robust financial results, a strong focus on corporate responsibility, and a commitment to sustainability. While facing challenges in expense management and deposit trends, the company's outlook for 2023 remains positive with opportunities for growth and efficiency enhancements.

Comerica reports robust Q1 earnings, focuses on deposit stability

Comerica's Q1 performance reflected strength in earnings, loan growth, and credit quality, despite challenges with expenses and deposit fluctuations. The company's strategic focus on partnerships, national expansion, and deposit stability positions it well for future growth. Executives outlined plans to address industry trends, enhance deposit retention, and manage balance sheet effectively.

Comerica reports strong Q2 earnings, eyes growth amid challenges

Comerica's Q2 2023 performance showcased strong earnings, credit quality, and liquidity, with a focus on fee income and strategic investments driving growth. Challenges include declining deposit balances and cautious approaches in certain sectors.
The company's strengths lie in its capital position, transformational expansion, and noninterest income growth. Opportunities exist in expanding into new markets, optimizing financial metrics, and adjusting strategies for changing market conditions.
Overall, Comerica's performance reflects resilience and strategic focus, positioning the company for continued growth and stability amidst economic challenges and evolving market dynamics.

Comerica surpasses Q3 earnings expectations, focuses on small business growth

Comerica's Q3 performance exceeded expectations with strong net income and small business lending. The bank showcased robust credit quality and successful deposit strategies. While facing economic uncertainties, the focus remains on managing costs efficiently and offsetting NIM pressure through pricing discipline.
Strengths lie in successful deposit strategies, strong credit quality, and a focus on key sectors. Challenges include economic uncertainties impacting loan growth caution and expense outlook. Opportunities exist in managing costs efficiently, complying with regulatory requirements, and stabilizing balance sheet amidst uncertainties.

Comerica reports resilient 2023 performance, eyes NIM stability in 2025

Comerica's 2023 performance showcased resilience amidst challenges, with a strategic focus on expense management and revenue growth. While facing net interest income pressures and projected loan declines, the company is leveraging opportunities for NIM stability and portfolio improvements.

Comerica reports solid Q1 earnings, focuses on growth opportunities

Comerica's Q1 performance showcased earnings of $138 million, with improved customer sentiment and reduced wholesale funding.
The company's strengths lie in intentional balance sheet management, strong credit quality, and confidence in long-term growth.
Challenges include impacts on NPLs from the senior housing portfolio and appraisals for multifamily properties, while opportunities exist in loan growth and risk management reinvestment.
Overall, Comerica remains focused on responsible growth, profitability, and maintaining a strong financial position.

Comerica reports solid Q2 earnings, eyes growth amidst challenges

Comerica's Q2 performance showcased resilience in earnings and credit quality, with a focus on efficiency and maintaining a strong capital position. While facing challenges in certain business areas, the bank is poised to leverage opportunities in core deposit growth and potential loan demand uptick.

Comerica Bank surpasses Q3 earnings, eyes loan growth opportunities

Comerica Bank's Q3 performance exceeded expectations with strong customer activity
While facing challenges in loan and deposit projections, the bank remains optimistic
Strategic initiatives and strong credit quality position Comerica for future growth

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Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Commercial Bank, Retail Bank, Wealth Management, Finance, and Other. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services. The Retail Bank segment includes personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination, and offers consumer products, including deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking, and brokerage services. The Finance segment includes the corporation's securities portfolio and asset and liability management activities. The Other segment includes the income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.

LOS ANGELES , June 2, 2023 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comerica Incorporated ("Comerica" or "the Company") (NYSE: CMA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Comerica Incorporated and Encourages Investors with Losses to Contact the Firm

DALLAS , June 1, 2023 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will participate in the 2023 Morgan Stanley US Financials, Payments & CRE Conference on Tuesday, June 13, 2023. Comerica Incorporated also provided its 2024 earnings dates, along with conference call details for its upcoming second quarter 2023 earnings call on Friday, July 21, 2023.

Comerica to Participate in 2023 Morgan Stanley US Financials, Payments & CRE Conference; Announces 2024 Earnings Dates

LOS ANGELES--(BUSINESS WIRE)---- $CMA #CMA--The Schall Law Firm Announces it is Investigating Claims Against Comerica Incorporated and Encourages Investors with Losses to Contact the Firm.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Comerica Incorporated and Encourages Investors with Losses to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Comerica Incorporated (“Comerica” or the “Company”) (NYSE: CMA) on behalf of Comerica stockholders. Our investigation concerns whether Comerica has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On May 29, 2023, citing a review of "internal documents," America.

COMERICA ALERT: Bragar Eagel & Squire, P.C. is Investigating Comerica Incorporated on Behalf of Comerica Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)---- $CMA #classaction--The law firm of Kirby McInerney LLP is investigating potential claims against Comerica, Inc. (“Comerica” or the “Company”) (NYSE: CMA). The investigation concerns whether Comerica and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. Comerica Incorporated is the holding company for business, individual, and investment banks with operations in the United States, Canada, and Mexico. On May 29, 2023,.

Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Comerica, Inc. (CMA)

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Comerica Incorporated (“Comerica” or the “Company”) (NYSE: CMA) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Comerica investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Comerica Incorporated (CMA) on Behalf of Investors

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Why Shares of Truist, KeyCorp, and Comerica Are Falling Today

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Grand Prix Community Partner Boys & Girls Club of Southeast Michigan to receive $10,000 Donation from Comerica Bank and Comerica Charitable Foundation DETROIT , May 31, 2023 /PRNewswire/ -- Comerica Bank officially unveiled today the newly renovated Jefferson-Chene Banking Center to complement the excitement of the Chevrolet Detroit Grand Prix presented by Lear's return to the streets of downtown Detroit and the event's commitment to the City of Detroit. To further Comerica's support of youth empowerment and workforce development initiatives and as part of the grand re-opening, Comerica Bank and the Comerica Charitable Foundation is donating $10,000 to the Boys & Girls Club of Southeast Michigan (BGCSM), one of the organizations supported by the Grand Prix's charitable efforts.

Comerica Bank Unveils Newly Renovated Jefferson-Chene Banking Center in Preparation for Chevrolet Detroit Grand Prix presented by Lear

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Comerica Incorporated (“Comerica” or the “Company”) (NYSE: CMA) investors concerning the Company's possible violations of federal securities laws. On May 29, 2023, American Banker reported that it had obtained internal documents from Comerica showing officials privately acknowledging compliance failures related to the Company's operation of a Treasury Department program that provides federal b.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Comerica Incorporated (CMA) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Comerica Incorporated (NYSE: CMA) resulting from allegations that Comerica may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Comerica securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

LOSS ALERT: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Comerica Incorporated Investors with Losses to Inquire About Securities Class Action Investigation – CMA

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Comerica Incorporated (“Comerica” or the “Company”) (NYSE: CMA) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On May 29, 2023, American Banker reported that it had obtained internal documents from Comerica showing officials privately acknowledging compliance failures related to the.

The Law Offices of Frank R. Cruz Announces Investigation of Comerica Incorporated (CMA) on Behalf of Investors

A report in an industry publication regarding compliance with a federal program may have impacted Comerica today. The bank had a solid first quarter, but the banking crisis has hurt its stock price year to date.

Why Comerica Stock Was Dropping Today

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Persistently increasing expenses, and substantial exposure to commercial and commercial mortgage loans are major near-term headwinds for Comerica (CMA).

Comerica (CMA) Hurt by Rising Expenses, To Gain From High Rates

Community encouraged to donate nonperishable food in exchange for baseball tickets KALAMAZOO, Mich. , May 24, 2023 /PRNewswire/ -- For the second straight year, Comerica Bank and the Kalamazoo Growlers are partnering to host a summer-long food drive benefitting South Michigan Food Bank from June 2 through July 27.

Comerica Bank and Kalamazoo Growlers Partner to Host 2nd Annual Food Drive Benefitting South Michigan Food Bank

DALLAS , May 23, 2023 /PRNewswire/ -- Comerica Bank has been named a 2023 honoree of The Civic 50 by Points of Light, the world's largest organization dedicated to volunteer service, in recognition of its support for local communities. This marks the eighth consecutive year and ninth time overall that Comerica has earned the honor since the award's inception in 2012, making Comerica one of only a small group of companies that have consistently achieved such high marks throughout the program's 11-year history.

Comerica Bank Recognized as One of the 50 Most Community-Minded Companies in the United States for Eighth Consecutive Year

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The S&P 500 is up nearly 9% year to date. Four companies in the S&P 500 are trading down over 40% year to date.

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Some good news in the banking industry helped boost Comerica this week. The stock remains down more than 40% YTD.

Why Comerica Stock Climbed 22.5% This Week

DENVER, May 18, 2023 /PRNewswire/ -- Comerica Bank announced Jenae Anderson has been named its first Colorado Market President. She previously served as Comerica's Head of Commercial Banking in this footprint, responsible for overseeing commercial lending and community engagement, which she will continue to do in her new role.

Comerica Bank Names Jenae Anderson Colorado Market President, Adds Middle Market Banking Team

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Comerica is a well-run regional bank whose valuation started to suffer in March after Silicon Valley Bank and two other banks failed. Comerica has not seen a major decline in its deposit base related to the financial crisis in the first quarter. Comerica's deposit base has been de-risked.

Comerica: Get A 9% Dividend Yield At A 25% Discount To Book Value

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News for Comerica Stock (CMA)