UK regulator targets Google search with sweeping new rules to boost competition
The UK's Competition and Markets Authority (CMA) is proposing tighter regulation of Google, which could force the tech giant to offer users greater choice in search services. Under plans to grant Google “strategic market status”, a designation that allows for stricter oversight of dominant firms, the CMA is considering measures such as “choice screens”.
Comerica Lowers Q2 Deposit Outlook, Expects Loans to Exceed Forecasts
CMA lowers its 2Q25 deposit outlook amid declines in key segments but expects loan balances to beat prior forecasts.
Comerica Shares Up 21.2% in a Year: Is It Worth Keeping an Eye On?
CMA shares are up 21.2% in a year, fueled by cost cuts, strong NII, and capital returns worth watching despite valuation concerns.
Comerica Incorporated (CMA) Q1 2025 Earnings Call Transcript
Comerica Incorporated (NYSE:CMA ) Q1 2025 Earnings Conference Call April 21, 2025 8:00 AM ET Company Participants Kelly Gage - Director, IR Curt Farmer - President, Chairman & CEO Jim Herzog - CFO Peter Sefzik - Chief Banking Officer Melinda Chausse - Senior EVP, Chief Credit Officer Conference Call Participants Jon Arfstrom - RBC Capital Markets Scott Siefers - Piper Sandler Ken Usdin - Autonomous Research Manan Gosalia - Morgan Stanley Bernard Von Gizycki - Deutsche Bank John Pancari - Evercore ISI Chris McGratty - KBW Anthony Elian - JPMorgan Chase Brian Foran - Truist Ben Gerlinger - Citi Terry McEvoy - Stephens Nick Holowko - UBS Bill Carcache - Wolfe Research Operator Greetings, and welcome to Comerica First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Comerica Q1 Earnings Top Estimates on Y/Y Rise in NII, Fee Income
CMA's first-quarter 2025 results benefit from a rise in NII and non-interest income, along with a decline in expenses.
Comerica (CMA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
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 Q1 Earnings Review: Deposit Weakness Offsets Solid Credit Quality
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) Surpasses Q1 Earnings Estimates
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.
Comerica's Q1 Earnings to be Hurt by High Expenses, Muted Loan Demand
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.
Unveiling Comerica (CMA) Q1 Outlook: Wall Street Estimates for Key Metrics
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.
CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
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) Moves 9.3% Higher: Will This Strength Last?
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.
