Comerica Incorporated (CMA) reported third-quarter 2024 adjusted earnings per share of $1.37, beating the Zacks Consensus Estimate of $1.18. However, the bottom line plunged 25.5% from the prior-year quarter. Find the latest earnings estimates and surprises on the Zacks Earnings Calendar. Results benefited from a rise in deposit balance and a strong capital position. However, a decline in net interest income (NII) and fee income, along with increased expenses, was a major headwind. Net income attributable t ...

Comerica Incorporated (NYSE:CMA) Q3 2024 Earnings Conference Call October 18, 2024 8:00 AM ET Company Participants Kelly Gage - Director, Investor Relations Curt Farmer - President, Chairman & Chief Executive Officer Jim Herzog - Chief Financial Officer Peter Sefzik - Chief Banking Officer Conference Call Participants Manan Gosalia - Morgan Stanley John Pancari - Evercore ISI Jon Arfstrom - RBC Capital Markets Bernard Von Gizycki - Deutsche Bank Ben Gerlinger - Citi Chris McGratty - KBW Samuel Varga - UBS M ...

Comerica Incorporated (CMA) reported $811 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 9.5%. EPS of $1.37 for the same period compares to $1.84 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $806.49 million, representing a surprise of +0.56%. The company delivered an EPS surprise of +16.10%, with the consensus EPS estimate being $1.18. While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...

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 ...