Core Points - The Federal Home Loan Bank of Dallas (FHLB Dallas), Comerica Bank, and New Hope Housing celebrated the grand opening of New Hope Housing Gray, a 135-unit affordable housing development for individuals aged 55 and older in Houston, Texas [1] - The project received a $2 million Affordable Housing Program (AHP) grant from FHLB Dallas through its member Comerica Bank [1] Company and Industry Summary - FHLB Dallas is actively involved in funding affordable housing projects, demonstrating its commitment to community development [1] - Comerica Bank plays a crucial role as a member of FHLB Dallas, facilitating financial support for housing initiatives [1] - New Hope Housing focuses on providing affordable housing solutions, particularly for senior citizens, addressing a significant need in the community [1]

Accessibility StatementSkip Navigation DALLAS, Sept. 16, 2025 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced today that Kristina Janssens, Executive Vice President, Chief Compliance Officer, will be promoted to Senior Executive Vice President and Chief Risk Officer, effective Sept. 19, 2025. Continue Reading WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+Newsrooms &Influencers 9k+Digital MediaOutlets 270k+JournalistsOpted In GET STARTED Also from this source Comerica to Participate ...

Group 1 - The article highlights the grand opening of New Hope Housing Gray, a 135-unit affordable housing development for seniors aged 55 and older in Houston's historic Third Ward [1] - The Federal Home Loan Bank of Dallas (FHLB Dallas) and Comerica Bank provided a $2 million Affordable Housing Program (AHP) grant to support the development [1] - Out of the 135 units, 81 are specifically reserved for very low-income seniors, addressing the need for affordable housing in the community [1]

Core Insights - Comerica Bank's Small Business of the Game program aims to support small businesses by providing them with exposure and resources during Detroit Lions home games [2][3][4] - The program has been running for seven seasons and offers various promotional opportunities, including in-stadium signage and social media posts [2][3] - The initiative highlights the importance of small businesses in community growth and prosperity [3][4] Program Details - Each week during the Lions' regular season, one small business is featured, gaining visibility through multiple media platforms [2][4] - Resources provided to selected businesses include game tickets, pre-game field passes, and advertising on Detroit Lions' digital platforms [3][7] - In 2025, over 40 small businesses will benefit from Comerica's various support programs, including the Small Business of the Month and SHOP313 Pop-Up Shops [9] Featured Businesses - The first business for the 2025 season is Detroit Flex Defense, known for custom hose and fitting solutions [4] - Other businesses recognized include MCHS Family of Services, Evelyn's Midtown Kitchen, City Recycling Inc., Saber Building Services, Acorp Property Management, J.M. & Sons Plumbing & Mechanical, and All Pro Property Solutions [8][11] Community Commitment - Comerica Bank has pledged $250,000 to community organizations focused on entrepreneurial development during National Small Business Week [10] - The bank's initiatives emphasize the significance of small business growth for community prosperity [10][12]

Group 1 - The Direct Express program, which serves approximately 3.4 million unbanked Americans, allows users to receive federal benefits via a prepaid debit card, playing a critical role in electronic payments for Social Security and Veterans benefits [5][6] - Comerica has extended its services for the Direct Express program for three additional years to facilitate a smooth transition to BNY, although the transition has not yet occurred [3][4] - Fifth Third has been selected as the financial agent and issuing bank for the Direct Express program under a new five-year agreement, which began recently [7] Group 2 - Comerica reported average deposits of $3.7 billion in the Direct Express program during the second quarter [4] - Fifth Third's CEO highlighted that the Direct Express program is comparable to the second-largest neobank in the U.S., with similar average revenue per customer but better profitability [6] - Fifth Third disclosed potential material impairment charges of between $170 million and $200 million due to alleged external fraudulent activity at a commercial borrower [7]

Core Insights - The company is focused on the development of transcript-related projects, indicating a commitment to enhancing their offerings in this area [1] - The publication of thousands of quarterly earnings calls per quarter suggests a significant volume of content being generated and shared with readers [1] - The ongoing growth and expansion of coverage highlight the company's strategic direction towards increasing its market presence and service offerings in transcript-related services [1]

Group 1 - The event is the 23rd Annual Global Financial Services Conference, focusing on U.S. large-cap bank stocks [1] - Comerica's Chairman and CEO, Curt Farmer, and CFO, Jim Herzog, are present to discuss the company's performance [1] - A slide deck was released prior to the conference, and a brief discussion will precede a fireside chat with Curt Farmer [2]

Core Insights - The event is the 23rd Annual Global Financial Services Conference, focusing on U.S. large-cap bank stocks [1] - Comerica's Chairman and CEO, Curt Farmer, and CFO, Jim Herzog, are participating in the conference [1] Company Overview - The conference features a strong representation of major large-cap banks, indicating significant interest and engagement in the sector [1] - A slide deck was released prior to the conference, suggesting that the company is prepared with relevant information for stakeholders [2] Event Structure - The session includes a brief presentation by Curt Farmer followed by a fireside chat, allowing for an interactive discussion [2] - An audience engagement element is introduced with the first ARS question being posed during the presentation [2]

Accessibility StatementSkip Navigation Lions and Comerica Bank team up for ninth season to assist community partners' impact on Metro Detroit DETROIT, Sept. 9, 2025 /PRNewswire/ -- Powered by one of the NFL's most dynamic offenses in recent seasons, the Comerica First Down Program partnership with the Detroit Lions returns for a ninth year to assist eight Metro Detroit community organizations throughout the 2025 regular season. During every Lions home game, Comerica Bank will donate $100 to a local philant ...

Comerica (NYSE:CMA) FY Conference Summary Company Overview - **Company**: Comerica - **Event**: FY Conference held on September 09, 2025 - **Speakers**: Curt Farmer (Chairman and CEO), Jim Herzog (Chief Financial Officer) Key Points Industry and Market Position - Comerica is concentrated in high-growth markets, with a presence in 13 of the 15 largest and 7 of the 10 fastest-growing Metropolitan Statistical Areas (MSAs) [2][3] - The company has a strong capital position, providing flexibility for organic growth and capital return [3][4] Strategic Focus - The primary focus is on enhancing shareholder value through responsible loan growth and strategic investments aligned with their relationship banking model [3][4] - Initiatives include optimizing capital position, reducing efficiency ratio, and driving sustainable revenue growth across various sectors such as middle market, business banking, payments, capital markets, and wealth management [3][4][5] Loan Growth and Market Sentiment - Customer sentiment remains positive, with ongoing borrowing for working capital and investments despite some seasonal slowdowns [10][12] - The middle market is identified as a significant opportunity for growth, with expectations of mid-single-digit growth despite pressures from commercial real estate [6][19] Capital Markets and Specialty Businesses - Comerica's national and specialty businesses consist of 11 distinct lines, contributing over 25% of non-interest income and over 75% of capital markets income in 2024 [6][7] - The capital markets segment has shown promising growth, supported by investments in syndications and M&A advisory practices [7][8] Deposit Performance - Deposit growth has exceeded expectations, with a focus on performance measurement and customer acquisition strategies [24][25] - Non-interest-bearing deposits have leveled off, while interest-bearing deposits have increased significantly, indicating a healthy mix [26][27] Interest Income and Rate Outlook - Net interest income is expected to decline in Q3 but is projected to increase in subsequent quarters due to organic growth in loans and deposits [34][35] - The company anticipates a lower beta for the first rate cut, with a focus on maintaining a healthy loan-to-deposit ratio [15][32] Expense Management - Expenses are expected to rise in the second half of the year due to seasonal factors and project investments, but the company has controlled expenses well in the first half [48][49] - The efficiency ratio remains a focus, with ongoing evaluations of real estate, technology, and headcount to improve performance [51][52] Shareholder Value and Capital Distribution - The management team emphasizes their commitment to enhancing shareholder value and is open to capital distribution strategies, including share repurchases [63][64] - The company maintains a strong capital position, with a CET1 ratio in the top quartile among peers [63] Asset Quality - Credit quality remains stable, with no changes to the net charge-off ratio guidance of 20 to 40 basis points for the year [65][66] Future Considerations - The management is aware of the potential impact of the Direct Express program on non-interest-bearing deposits and is actively working on strategies to offset any future declines [42][43] - The company is focused on long-term growth and performance improvement while being mindful of the competitive landscape and market conditions [62][64] Conclusion Comerica is strategically positioned for growth in high-demand markets, with a focus on enhancing shareholder value through responsible lending, capital management, and operational efficiency. The company remains optimistic about its future prospects despite current market challenges.