Comerica Stock News

DALLAS , Oct. 22, 2024 /PRNewswire/ -- The American Bankers Association (ABA) recognized Comerica Bank for its impact in supporting Southern Dallas small businesses and nonprofits through Comerica BusinessHQ™, naming the program as a winner of this year's ABA Foundation Community Commitment Awards.    BusinessHQ earned the Community Commitment Award in the category of Community & Economic Devel...

Comerica Incorporated (NYSE:CMA ) Q3 2024 Earnings Conference Call October 18, 2024 8:00 AM ET Company Participants Kelly Gage - Director, Investor Relations Curt Farmer - President, Chairman & Chief Executive Officer Jim Herzog - Chief Financial Officer Peter Sefzik - Chief Banking Officer Conference Call Participants Manan Gosalia - Morgan Stanley John Pancari - Evercore ISI Jon Arfstrom - RB...

DALLAS , Oct. 18, 2024 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its third quarter 2024 financial results. The results are available on the Investor Relations section of Comerica's website here.

US banks' third quarter earnings are expected to benefit from upcoming Federal Reserve rate cuts, Bank of America analysts believe.   Reduced rates could be a positive development for banks, particularly in a scenario where customer activity rebounds contributing to an economic soft landing, the analysts wrote in a note to clients.

Community members can help nourish children and  earn tickets for Griffins 2024-25 home games DETROIT, Sept. 24, 2024 /PRNewswire/ -- Comerica Bank and the Grand Rapids Griffins are teaming up again to support Kids' Food Basket (KFB) and its mission to nourish children to reach their full potential through a four-week food drive at participating West Michigan Comerica banking centers.

In trading on Wednesday, shares of Comerica, were yielding above the 5% mark based on its quarterly dividend (annualized to $2.84), with the stock changing hands as low as $55.54 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

Collaboration to support nine nonprofit organizations transforming the community DETROIT , Sept. 5, 2024 /PRNewswire/ -- Comerica Bank and the Detroit Lions are teaming up for the eighth consecutive year on a season-long initiative that assists community partners throughout Michigan.

Falling interest rates to alleviate pressure on deposit outflows. Comerica expects net interest income to gain 2% from 200bps Fed rate cut. Loss of Fiscal Service deposits worth $3.3bn to present biggest headwind in 2025.