Comerica (CMA) Moves 13.7% Higher: Will This Strength Last?

Group 1: Comerica Incorporated (CMA) - Comerica shares increased by 13.7% to close at $80.2, driven by a notable trading volume and a 2.5% gain over the past four weeks [1] - The significant price increase is attributed to Fifth Third Bancorp's acquisition of Comerica in a $10.9 billion all-stock deal [1][2] - The acquisition will create the ninth-largest U.S. bank with nearly $288 billion in assets, $224 billion in deposits, and $174 billion in loans, operating in 17 of the 20 fastest-growing markets [2] Group 2: Earnings Expectations - Comerica is expected to report quarterly earnings of $1.27 per share, reflecting a year-over-year decline of 7.3%, with revenues projected at $845.01 million, an increase of 4.2% from the previous year [3] - The consensus EPS estimate for Comerica has been revised marginally higher over the last 30 days, indicating a potential for price appreciation [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Group 3: Industry Comparison - Comerica belongs to the Zacks Banks - Major Regional industry, where Northern Trust Corporation (NTRS) also operates [4] - Northern Trust's consensus EPS estimate has increased by 0.3% to $2.23, representing a year-over-year change of 13.8% [5] - Northern Trust currently holds a Zacks Rank of 3 (Hold), similar to Comerica [5]