Plaintiff Claims $30 Million in Damages The Plaintiff, James Spilko, a White male and Vice President at Comerica, alleges he was denied nearly 30 promotion opportunities over a five-year period despite receiving exemplary performance reviews. The lawsuit seeks damages estimated to exceed $30 million, citing violations of federal and state discrimination laws. Attorney Statement DETROIT, Jan. 28, 2026 /PRNewswire/ -- A significant employment discrimination lawsuit has been filed in the U.S. District Court fo ...

Index Changes - S&P Dow Jones Indices will implement changes to the S&P MidCap 400 and S&P SmallCap 600 indices effective January 30 and February 2, 2026 [1][3] - TTM Technologies (TTMI) will be added to the S&P MidCap 400, replacing Civitas Resources (CIVI), which is being acquired by SM Energy [1][3] - Amneal Pharmaceuticals (AMRX) will be added to the S&P SmallCap 600, replacing TTM Technologies [1][3] - Dutch Bros (BROS), Advanced Energy Industries (AEIS), and American Healthcare REIT (AHR) will be added to the S&P MidCap 400 on February 2, 2026, with Comerica (CMA), Cadence Bank (CADE), and PotlatchDeltic (PCH) being removed [1][3] - Apellis Pharmaceuticals (APLS) and LegalZoom.com (LZ) will be added to the S&P SmallCap 600, replacing Advanced Energy Industries and Elme Communities (ELME), respectively [1][3] Acquisition Details - SM Energy is acquiring Civitas Resources, and the deal is expected to close soon, with SM Energy remaining in the S&P SmallCap 600 post-merger [3] - Rayonier is acquiring PotlatchDeltic, and will remain in the S&P MidCap 400 after the merger [3] - Fifth Third Bancorp is acquiring Comerica, which will also remain in the S&P MidCap 400 post-acquisition [3] - Huntington Bancshares is acquiring Cadence Bank, with Cadence being removed from the S&P MidCap 400 [3] - Elme Communities is undergoing liquidation activities, making it no longer suitable for the S&P SmallCap 600 [3]

DALLAS, Jan. 27, 2026 /PRNewswire/ -- Comerica Bank will hold its 11th annual North Texas Prom Dress Drive in February. New or gently used, cleaned formal dresses and accessories (shoes, purses and jewelry) can be dropped off at seven participating banking centers. Donations will support local teens served by Boys & Girls Clubs of Collin County, Boys & Girls Clubs of Greater Dallas and Dallas CASA, helping those who may not otherwise be able to afford formal attire for prom. Continue Reading Com ...

DALLAS, Jan. 21, 2026 /PRNewswire/ -- Comerica Bank announced today it received the highest overall rating of "Outstanding" in its 2025 Community Reinvestment Act (CRA) Performance Evaluation by the Federal Reserve Board (FRB). About Comerica Bank Comerica Bank, a subsidiary of Comerica Incorporated (NYSE: CMA), is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica, one of the ...

Core Insights - Comerica Incorporated (CMA) reported fourth-quarter 2025 adjusted earnings per share (EPS) of $1.46, exceeding the Zacks Consensus Estimate of $1.28, and up from $1.20 in the prior-year quarter [1][9] - The results were driven by an increase in net interest income (NII), fee income, and deposit balances, although concerns arose from lower loan balances and rising expenses [1][11] Financial Performance - For the fourth quarter, net income attributable to common shareholders (GAAP basis) was $176 million, a 3.5% increase from the year-ago quarter [2] - Total quarterly revenues reached $850 million, a slight year-over-year increase, but missed the consensus estimate of $850.1 million [4] - For the full year 2025, adjusted EPS was $5.47, up from $5.02 in the previous year, surpassing the Zacks Consensus Estimate of $5.23 [3] - Total revenues for 2025 were $3.37 billion, an increase from $3.24 billion in 2024, beating the consensus estimate of $3.36 billion [4] Income and Expenses - Quarterly NII rose marginally to $577 million, with the net interest margin increasing by 1 basis point to 3.07% [4] - Total non-interest income was $273 million, reflecting a 9.2% year-over-year increase [5] - Non-interest expenses totaled $617 million, up 5.1% year over year, leading to an efficiency ratio of 72.30%, compared to 69.51% in the prior-year quarter [5] Loan and Deposit Trends - As of December 31, 2025, total loans decreased slightly to $50.7 billion, while total deposits increased by 3.6% to $64.9 billion [6][9] Credit Quality - The provision for credit loss was $14 million in the fourth quarter, down from $21 million in the year-ago quarter [7] - Total non-performing assets decreased by 18.5% year over year to $251 million [7] - The allowance for credit losses to total loans ratio was 1.45%, up from 1.44% in the previous year [8] Capital Position - The total capital ratio improved to 14.25%, up from 14.21% in the prior-year quarter [10] - The Common Equity Tier 1 capital ratio increased to 12.02%, compared to 11.89% in the previous year [10] - The tangible common equity ratio was 8.40%, up from 7% in the prior-year quarter [10] Strategic Outlook - The planned merger with Fifth Third Bancorp is expected to enhance Comerica's scale, diversification, and competitiveness in key growth markets, with the transaction anticipated to close in the first quarter of 2026 [12]

For the quarter ended December 2025, Comerica Incorporated (CMA) reported revenue of $850 million, up 0.7% over the same period last year. EPS came in at $1.46, compared to $1.20 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $850.07 million, representing a surprise of -0.01%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.28.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

Key Insight: After acquiring Comerica, Fifth Third plans to use paper mailers as well as digital marketing to reach consumers in the Western U.S.Supporting Data: In 2026, the bank plans to send out 13 million-to-14 million mailers to advertise consumer deposit accounts.Expert Quote: "Mail still works," said Fifth Third CEO Tim Spence.Processing Content As Fifth Third Bancorp nears the completion of its Comerica acquisition, it's planning to use every tool in its arsenal to retain the selling bank's custome ...

Financial Data and Key Metrics Changes - The company reported earnings per share of $1.04, or $1.08 excluding certain items, with an adjusted return on equity of 14.5% and an adjusted return on assets of 1.41% [3][4] - Adjusted fourth quarter revenues rose 5% year over year, driven by a 6% increase in net interest income and a 13% increase in wealth and asset management fees [4][15] - The CET1 ratio increased to 10.8%, and tangible book value per share grew 21% year over year [4][25] Business Line Data and Key Metrics Changes - Average loans increased by 5% year over year, with consumer loans and middle market C&I loans both growing by 7% [4][15] - Wealth and asset management fees increased by 13%, with assets under management reaching $80 billion [9][20] - Commercial payments fees grew by 8% year over year, driven by core treasury management activity [20] Market Data and Key Metrics Changes - In the Southeast, the company opened 50 new branches, contributing to a 2.5% growth in net new consumer households year over year [5][19] - The Southeast consumer deposits increased by 4% sequentially, accounting for over 50% of total consumer deposit growth for the quarter [19][20] - The company achieved the number two origination market share in HELOC within its footprint, up from number four in the prior year [17] Company Strategy and Development Direction - The company is focused on stability, profitability, and growth, with a disciplined approach to operations and long-term investments [3] - The merger with Comerica is expected to close on February 1, 2026, with anticipated expense synergies of $850 million and revenue synergies of over $500 million over the next five years [10][11] - The company aims to accelerate retail deposit growth and improve the combined company's funding profile through targeted marketing [27][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate uncertain environments and deliver strong shareholder returns [3][26] - The outlook for 2026 includes expectations for full-year net interest income to range between $8.6 billion and $8.8 billion, with a focus on improving the balance sheet [27][29] - Management noted that while 2025 was eventful, the company is pleased with its disciplined operating performance and ability to meet financial commitments [26] Other Important Information - The company shipped over 400 updates to its consumer mobile app in 2025, which was recognized as the top mobile banking app for user satisfaction among regional banks [5][6] - The net charge-off ratio was 40 basis points for the quarter, the lowest level in the past seven quarters, indicating improved asset quality [4][23] Q&A Session Summary Question: What are the biggest opportunities with Comerica? - Management highlighted immediate opportunities in leveraging Comerica's existing customer base and expanding into Texas markets, with a focus on innovation banking as a long-term opportunity [33][34] Question: How is the integration of Comerica progressing? - The integration is ahead of schedule, with the conversion date moved up to Labor Day from mid-October, allowing for earlier realization of revenue and expense synergies [41][43] Question: What is the outlook for C&I loan growth? - Management noted that while utilization dipped during the government shutdown, there has been a rebound, and C&I loan balances have increased since January 1 [45][46]

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: With its acquisition of Comerica set to close Feb. 1, Fifth Third CEO Tim Spence on Tuesday alluded to forthcoming job cuts to both banks' employee bases. During Fifth Third’s fourth-quarter earnings call Tuesday, Spence thanked employees “from both companies whose hard work brought us to this point, but who will not be continuing with us on this journ ...

DALLAS, Jan. 20, 2026 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its fourth quarter and full-year 2025 financial results. The financial results have been furnished on a Form 8-K filing that is available on the Securities and Exchange Commission website at www.sec.gov. Due to the pending merger with Fifth Third Bancorp, Comerica will not conduct an earnings conference call or webcast. Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and st ...