If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Comerica Incorporated (CMA) . This company, which is in the Zacks Banks - Major Regional industry, shows potential for another earnings beat.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 7.02%.For the la ...

DALLAS, March 21, 2024 /PRNewswire/ -- Comerica Bank has earned a 2024 Top Workplaces USA award issued by Energage and published by USA Today. The Top Workplaces award has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets for regional Top Workplaces awards. Top Workplaces USA celebrates organizations with 150 or more employees that have established a strong work culture. Over 42,000 organizations were invited to participate in the Top Workp ...

This year is turning out to be better for banks than 2023. The possibility of three rate cuts and higher chances of a soft landing of the U.S. economy have turned investors bullish on the banking sector.Hence, keeping an eye on fundamentally solid lenders, which also have impressive dividend yields, will be wise now. One such bank is Comerica Incorporated (CMA) . This Dallas, TX-based company delivers financial services in three primary geographic markets — Texas, California and Michigan — as well as Arizon ...

Comerica Incorporated (CMA) is well-poised to gain on the back of steady loan growth, sales tools improvement and product enhancement. The company’s capital distribution activities are backed by a strong liquidity profile. However, elevated expenses and lack of loan portfolio diversification, along with geographic concentration, remain near-term concerns.Comerica’s revenue generation heavily relies on its loan growth. The loan balance witnessed a four-year compound annual growth rate (CAGR) of 0.9% (2019- 2 ...

DALLAS, March 18, 2024 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Larry Franco has been named Executive Vice President, National Director of Retail Banking & Operations. He will succeed Rhonda Davenport, Executive Vice President and National Director of Retail Banking, who is expected to retire in April 2024, following more than 36 years with Comerica. Franco will report to Cassandra McKinney, Executive Vice President, Executive Director of the Retail Bank. Larry Franco, Comerica Ba ...

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, ...