Comerica Incorporated (NYSE:CMA ) Q4 2024 Earnings Conference Call January 22, 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 Manan Gosalia - Morgan Stanley John Pancari - Evercore ISI Bernard Von Gizycki - Deutsche Bank Anthony Elian - JPMorgan Chase Chris McGratty - KBW Operator Greetings, and welcome to the Comerica Fourth Quarter and Fiscal Year 2024 Financial Review Conference Call. At this time, all participants will be in listen-only mode.
Comerica Incorporated (CMA) came out with quarterly earnings of $1.20 per share, missing the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.46 per share a year ago.
UK competition watchdog chair Marcus Bokkerink has been fired by the government for not doing enough to boost the UK's economic prospects, according to reports. The government timed the ousting to coincide with the Davos economic forum, said the reports, to underline the new growth-led thinking in the government.
CMA's fourth-quarter 2024 performance is likely to have been hurt by rising expenses and deteriorating asset quality.
Besides Wall Street's top -and-bottom-line estimates for Comerica (CMA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Comerica (CMA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Competition and Markets Authority — the U.K.'s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It's looking into the market dominance of Google in Search, including the new work it's doing in AI search as well as its giant search advertising business, and what remedies it might impose to improve competition in the space.
Comerica (CMA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Matt McLennan, co-head of First Eagle's global value team, and Bill Adams, chief economist at Comerica, join CNBC's 'The Exchange' to discuss the Fed's path for rate cuts, what they see in recent economic data, and more.
WTBA, CMA and MS made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 10, 2024.
PLBC, CMA and POWL made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 10, 2024.
CMA's subsidiary Comerica Bank is sued by CFPB over the allegation of mishandling millions of Direct Express cardholders receiving federal benefits.