Comerica Incorporated (CMA) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.10%. A quarter ago, it was expected that this company would post earnings of $1.19 per share when it actually produced earnings of $1.53, delivering a surprise of 28.57%. Over the last four quarters, the c ...

DALLAS, Oct. 18, 2024 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its third quarter 2024 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the financial results and earnings presentation will be furnished on a Form 8-K filing that will be available on the Securities and Exchange Commission website at www.sec.gov. WEBCAST / PRESENTATION: As previously announced, Comerica will host a conference call to review the third qu ...

THIRD QUARTER 2024 NET INCOME OF $184 MILLION, $1.33 PER SHARE Favorable Deposit and Net Interest Income Trends Strong Capitalization with Ongoing Credit and Expense Discipline "Today we reported third quarter earnings per share of $1.33," said Curtis C. Farmer, Comerica Chairman and Chief Executive Officer. "Growth in customer deposits offset muted loan demand and contributed to net interest income exceeding expectations for the quarter. Expense discipline remained a priority as we continued to execute on ...

Wall Street analysts expect Comerica Incorporated (CMA) to post quarterly earnings of $1.18 per share in its upcoming report, which indicates a year-over-year decline of 35.9%. Revenues are expected to be $812.26 million, down 9.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a co ...

Comerica Incorporated ( CMA Quick Quote - Free Report ) is scheduled to report third-quarter 2024 results on Oct. 18, before the opening bell. The bank's revenues and earnings are expected to decline from the year-ago quarter's reported figures. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The bank's earnings for the second quarter of 2024 surpassed the Zacks Consensus Estimate by 28.6%. Results benefited from increased loan demand and a strong capital position. Nil provisions r ...

The market expects Comerica Incorporated (CMA) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to ...

[1/10/2024] Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. [CMA CGM] Pre-stabilisation Period Announcement BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222 hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation ...

The United Kingdom's Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon's partnership with Anthropic created a relevant merger situation that could result in a lessening of competition. The decision followed the CMA's invitation for comments on the partnership from any interest parties from April 24 to May 9 and its launch of a merger inquiry Aug. 8, the regulator said in a Friday update. The CMA found that the partnership of Amazon ...

Comerica Incorporated's (CMA) shares have touched a 52-week high of $61.84 on Monday. The stock closed the session a tad lower at $60.20, rising 18.8% in the past six months. The stock has outperformed the industry and its peers KeyCorp (KEY) , and Northern Trust Corp. (NTRS) in the same time frame. Zacks Investment Research Image Source: Six-Months Price Performance Driving Factors Behind Comerica's New 52-Week High A major factor for this upward movement of CMA stock can be attributed to the Federal Reser ...

Community members can help nourish children and earn tickets for Griffins 2024-25 home games DETROIT, Sept. 24, 2024 /PRNewswire/ -- Comerica Bank and the Grand Rapids Griffins are teaming up again to support Kids' Food Basket (KFB) and its mission to nourish children to reach their full potential through a four-week food drive at participating West Michigan Comerica banking centers. From Sept. 24 to Oct. 17, individuals who drop off non-perishable food items from the KFB Wish List will earn ticket vouchers ...