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 Bank Metro Detroit Shred Day Returns To Safely Secure and Protect Your Information on June 14
FREE document shredding and electronics recycling by Iron Mountain and Information Systems Resources available at Comerica's Great Lakes Campus DETROIT , June 6, 2025 /PRNewswire/ -- Comerica Bank encourages the public to bring paper documents and computer equipment and accessories for recycling, free of charge, to Comerica's Great Lakes Campus (36455 Corporate Drive, Farmington Hills, MI 48331) on Saturday, June 14, from 8 a.m. to 1 p.m., for the return of its 16th annual Metro Detroit Shred Day.
Comerica Hatch Detroit Contest by TechTown Announces Four Finalists Competing for $100,000 Grand Prize
Top 4 entrepreneurs to compete on June 11 for startup funds and business support to open a brick-and-mortar location DETROIT , May 27, 2025 /PRNewswire/ -- The Comerica Hatch Detroit Contest by TechTown, the small business competition behind many of Detroit's most popular neighborhood storefronts, has announced the Top 4 businesses advancing to the final stage of the 2025 competition. These four entrepreneurs will have the opportunity to compete in the Hatch Off, where they will pitch their businesses for the chance to win $100,000 in startup funding from Comerica Bank to open a brick-and-mortar location in Detroit, Hamtramck or Highland Park.
Comerica Hatch Detroit Contest by TechTown reveals 10 semifinalists vying for $100,000 grand prize
Top 10 entrepreneurs vie for $100,000 prize from Comerica Bank as public voting begins DETROIT , May 15, 2025 /PRNewswire/ -- The Comerica Hatch Detroit Contest by TechTown, the small business competition behind many of Detroit's most popular neighborhood storefronts, is unveiling its Top 10 semifinalists. These entrepreneurs will go head-to-head over the coming weeks, competing to win $100,000 in startup funds from Comerica Bank to open a brick-and-mortar storefront in Detroit, Hamtramck or Highland Park.
Comerica Bank Swings Big to Support Small Business Growth with $250,000 Contribution to Community Organizations
Small Business Community Incubators to receive $50,000 each for assisting entrepreneurs in five Comerica markets DALLAS, May 5, 2025 /PRNewswire/ -- Comerica Bank is taking a big swing during National Small Business Week (May 4-10) to support small business incubation by contributing $250,000 to community organizations focused on entrepreneurial development, growth, education and empowerment. The five nonprofit organizations, each receiving a $50,000 contribution from Comerica Bank, include: Impact Ventures (Dallas, Texas), Pacific Asian Consortium in Employment (Los Angeles, California), TechTown Detroit (Detroit, Michigan), Women's Business Enterprise Alliance (Houston, Texas), and Working Solutions CDFI (San Francisco, California).
Comerica Announces Results from Annual Shareholders' Meeting
DALLAS , April 29, 2025 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced the results of three proposals at today's annual meeting of shareholders. Comerica Incorporated shareholders elected the following directors to the Board of Directors for one-year terms: Arthur G.
Comerica Declares Common and Preferred Stock Dividends
DALLAS , April 28, 2025 /PRNewswire/ -- The Board of Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash dividend for common stock of 71 cents ($0.71) per share. The dividend is payable July 1, 2025, to shareholders of record at the close of business on June 13, 2025.
Comerica Announces Earnings Release Dates for 2026
DALLAS , April 23, 2025 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced its plans to release 2026 quarterly financial results and host conference calls on the following dates: FOURTH QUARTER 2025: Friday, Jan. 23, 2026 7 a.m. CT/8 a.m. ET FIRST QUARTER 2026: Tuesday, April 21, 2026 7 a.m.
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.
