CMA's first-quarter 2025 results benefit from a rise in NII and non-interest income, along with a decline in expenses.
Although the revenue and EPS for Comerica (CMA) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Comerica Incorporated's Q1 results showed solid credit quality but weak deposit trends, with average deposits falling by $1.4 billion and a significant 5% annual decline. Despite cutting deposit costs aggressively, Comerica's strategy to maximize margins may hinder deposit growth, especially with the loss of the Direct Express contract. Loan demand remains soft, with average balances down $400 million, and commercial real estate exposure declining by $250 million amid economic uncertainty.
Comerica Incorporated (CMA) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.29 per share a year ago.
CMA's Q1 results are likely to reflect the impacts of a rise in expenses and muted loan demand. Increased NII and fee income are likely to have offered support.
Beyond analysts' top -and-bottom-line estimates for Comerica (CMA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank's handling of a federal benefits program, alleging that it provided poor service to the recipients of benefits. The Bureau told a U.S. District Court in a filing submitted Friday (April 11) that it was dismissing the suit, Reuters reported Friday.
Comerica (CMA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
A federal judge in Texas denied the U.S. Consumer Financial Protection Bureau's motion to stay its lawsuit against Comerica Bank, according to a court order filed on Monday.
The Consumer Financial Protection Bureau (CFPB) asked a federal judge Monday (March 3) to pause the enforcement action that the agency filed against Comerica Bank in December.
The embattled U.S. Consumer Financial Protection Bureau on Monday asked a federal court to issue a stay in its enforcement action against Comerica Bank , court papers showed.
Comerica (CMA) reported earnings 30 days ago. What's next for the stock?