DALLAS, March 14, 2024 /PRNewswire/ -- Comerica Bank named Tim Maiden Senior Vice President, Group Manager for its Southern Dallas Business Banking Team. He will report to Corey Bailey, Executive Vice President, Executive Director, Middle Market & Business Banking. Comerica Bank names Tim Maiden Senior Vice President, Group Manager for its Southern Dallas Business Banking Team. Maiden will lead a team of commercial bankers that deliver tailored solutions to middle-market and business banking clients acr ...

Over 4,000-square-foot CoWorkSpaces location anchors first floor of the bank's new corporate office at 17 Cowboys Way DALLAS, March 14, 2024 /PRNewswire/ -- Comerica Bank today unveiled a distinctive feature component of its new Frisco Business & Innovation Hub. The bank's newest and largest Comerica CoWorkSpaces™ location in North Texas anchors the entire first floor of the office tower at 17 Cowboys Way at The Star in Frisco. The state-of-the-art, 4,023-square-foot location is the first in the CoWorkSpace ...

Public encouraged to drop-off dresses and accessories at select Comerica locations March 18-April 12DETROIT, March 13, 2024 /PRNewswire/ -- Comerica Bank is welcoming donations for its sixth annual Prom Dress Drive beginning Monday, March 18, and continuing through Friday, April 12, in support of community partner Jackets for Jobs. Individuals and businesses alike can drop off new or gently used dresses, along with accessories, such as jewelry, shoes, purses, and wraps, at participating Comerica locations t ...

DALLAS, Feb. 29, 2024 /PRNewswire/ -- Comerica Bank announced today it received the highest overall rating of "Outstanding" in its 2023 Community Reinvestment Act (CRA) Performance Evaluation by the Federal Reserve Board (FRB). The examination consisted of a review of the bank's 2020, 2021 and 2022 Home Mortgage Disclosure Act (HMDA) and CRA small business lending data, as well as community development loans, investments and services between Jan. 1, 2021, and June 30, 2023. "Comerica Bank is committed to se ...

DALLAS, Feb. 27, 2024 /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 April 1, 2024, to common stock shareholders of record at the close of business on March 15, 2024. The Board also declared a dividend of $1,406.25 per share (equivalent to $14.0625 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of Comerica Incorporated, payable April 1, 2024, ...

Transactions with Af iliates Federal banking laws and regulations impose qualitative standards and quantitative limitations upon certain transactions between a bank and its affiliates, on the one hand, and Comerica's affiliate insured depository institutions, on the other. For example, Section 23A of the Federal Reserve Act limits the aggregate outstanding amount of any insured depository institution's loans and other "covered transactions" with any particular nonbank affiliate (including financial subsidia ...

DALLAS, Feb. 26, 2024 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will participate in the 2024 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 6, 2024. Comerica Incorporated also provided details for its first quarter 2024 earnings call on Thursday, April 18, 2024. Interested parties may access additional information through the following details: 2024 RBC Capital Markets Global Financial Institutions Conference: DATE: Wednesday, March 6, 2024 T ...

Comerica Incorporated (NYSE:CMA) are up 0.3% at $50.36 at last check, and added 54.1% over the last nine months. The $48 level contained the equity's latest pullback, while the $57 region has acted as a ceiling since a series of March pullbacks. CMA may soon make another attempt at toppling this resistance, though, thanks to a historically bullish trendline. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, Comerica stock is within one standard deviation of its 160-day trendline. S ...

Businessman trading online stock market on teblet screen, digital investment conceptgettyRecap from December’s PicksOn a price return basis, the Safest Dividend Yields Model Portfolio (-4.1%) underperformed the S&P 500 (+0.9%) by 5.0% from December 20, 2023 through January 17, 2024. On a total return basis, the Model Portfolio (-3.8%) underperformed the S&P 500 (+0.9%) by 4.7% over the same time. The best performing large-cap stock was up 1%, and the best performing small-cap stock was up 4%. Overall, 3 out ...

The sector might be set for a resurgence after a tough year for bank stocks that included multiple meltdowns, like Silicon Valley Bank. Banking indices climbed in 2023’s latter half and seem to maintain that momentum today. Of course, most of that bullish sentiment is on the heels of assumed interest rate cuts – which, if they don’t bear out as expected, could prove devastating to the same stocks surging today.In either case, a handful of bank stocks should be at the top of your Sell list, whether or not ou ...