|Bid||69.88 x 1100|
|Ask||69.93 x 800|
|Day's Range||69.45 - 70.23|
|52 Week Range||58.54 - 88.96|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||8.86|
|Forward Dividend & Yield||2.68 (3.85%)|
|1y Target Est||N/A|
DALLAS , Nov. 15, 2019 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) will release fourth quarter 2019 financial results on Tuesday, Jan. 21, 2020 . That morning, Comerica will host a conference call ...
DETROIT, Nov. 13, 2019 /PRNewswire/ -- Who is Detroit's Biggest Fan? Comerica Bank wants to know and reward fans for their commitment and loyalty to the Detroit Tigers, Detroit Red Wings and Detroit Lions. Beginning Wednesday, November 13, Comerica Bank will launch the Detroit's Biggest Fan contest, an exclusive fan celebration and search for Detroit's biggest sports fan by engaging with passionate followers supporting the Tigers, Red Wings and Lions while attending games and events, watching on TV, listening on the radio or following on social media.
DALLAS, Nov. 5, 2019 /PRNewswire/ -- Comerica Incorporated today announced that Ralph W. Babb Jr., Executive Chairman, Comerica Incorporated and Comerica Bank, will retire on December 31, 2019. Babb will be succeeded by Curtis C. Farmer, President and Chief Executive Officer (CEO), Comerica Incorporated and Comerica Bank, who will assume the additional title of Chairman, effective January 1, 2020. "I am so grateful for Ralph's mentorship through the years and look forward to serving Comerica as the President, CEO and Chairman of the Board," said Farmer.
DALLAS, Nov. 5, 2019 /PRNewswire/ -- The Board of Directors of Comerica Incorporated (CMA) today declared a quarterly cash dividend for common stock of 67 cents ($0.67) per share. The dividend is payable January 1, 2020, to common stock shareholders of record at the close of business on December 13, 2019. In addition, the Board approved the authorization to repurchase up to an additional 7.0 million shares of Comerica Incorporated outstanding common stock.
DALLAS, Oct. 31, 2019 /PRNewswire/ -- Comerica Bank's California Economic Activity Index was unchanged in August at a level of 124.4. Comerica Bank's California Economic Activity Index went unchanged again in August. After revisions to historical data, the California Index has gone unchanged since May of this year.
Comerica Bank's Michigan Economic Activity Index ticked up in August, showing the third consecutive monthly gain. The timing of the uptick in the Michigan Index is fortuitous, coming ahead of the GM/UAW strike which lasted for 40 days, from September 16, until October 25. In August, seven out of nine index components were positive, including nonfarm payrolls, unemployment insurance claims (inverted), housing starts, house prices, industrial electricity demand, auto production, and state sales tax revenue.
The declining drilling rig count has been a consistent drag on the headline index since last December. In addition to the rig count, other negatives for August were unemployment insurance claims (inverted), total state trade, hotel occupancy and sales tax revenues. The Texas economy continues to be a growth leader for the U.S. Despite reduced drilling activity, many other energy infrastructure projects are fueling the state economy.
DALLAS , Oct. 30, 2019 /PRNewswire/ -- Comerica Bank announced it will reduce its prime rate to 4.75 percent from 5.00 percent effective tomorrow, Oct. 31, 2019 . Comerica Incorporated (NYSE: CMA) is a ...
DETROIT, Oct. 21, 2019 /PRNewswire/ -- Your next new independent bookstore in Detroit will be 27th Letter Books, after the up-and-coming small business came away victorious in the 2019 Comerica Hatch Detroit Contest. 27th Letter Books, owned by Drew and Erin Pineda, was announced the winner of the Comerica Hatch Detroit Contest at the 'Shark Tank' style Hatch Off event. The independent bookstore will aim to open a brick and mortar location in Detroit's Jefferson-Chalmers neighborhood.
DALLAS , Oct. 16, 2019 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today has reported its third quarter 2019 financial results. The results are available on the Investor Relations section of Comerica's ...
NEW YORK, NY / ACCESSWIRE / October 16, 2019 / Comerica, Inc. (NYSE: CMA ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on October 16, 2019 at 8:00 AM Eastern ...
DALLAS, Sept. 27, 2019 /PRNewswire/ -- Comerica Bank is responding to an ongoing brand infringement incident being perpetrated by a group operating across Asia. The group, VRB, purports to have financial backing from Comerica, which is false, in an attempt to draw investment into a cryptocurrency scheme. VRB has held events in Malaysia, Philippines, Vietnam and Japan, going as far as producing actors, some of whom are pretending to be Comerica employees.
DALLAS , Sept. 26, 2019 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) will release third quarter 2019 financial results on Wednesday, Oct. 16, 2019 . That morning, Comerica will host a conference call ...
DALLAS, Sept. 25, 2019 /PRNewswire/ -- Comerica Bank's California Economic Activity Index decreased 0.1 percent in July to a level of 124.4. Comerica Bank's California Economic Activity Index saw a slight dip in July. The three positive sub-indexes for July were nonfarm employment, unemployment insurance claims (inverted) and total state trade.
Comerica Bank's Michigan Economic Activity Index ticked up in July after increasing in June. This is the first back-to-back gain for the Michigan Index since late 2017. The five positive components for July were housing starts, house prices, light vehicle production, total state trade and hotel occupancy.
DALLAS , Sept. 25, 2019 /PRNewswire/ -- Comerica Bank's Texas Economic Activity Index was unchanged in July at 139.2. July's index reading was 44 points, or 46 percent, above the index cyclical low of ...
DALLAS, Sept. 6, 2019 /PRNewswire/ -- The Comerica Bank Women's Business Symposium returns to Houston and Dallas this fall, featuring Girls Who Code founder and CEO and international best-selling author Reshma Saujani as the keynote speaker. The Houston event is scheduled for Friday, Oct. 4 from 10:15 a.m. – 3 p.m. at The Post Oak Hotel at Uptown Houston. In Dallas, women business owners, executives and professional from across North Texas will gather to "Learn, Connect and Grow" from 10:15 a.m. – 3 p.m. on Friday, Oct. 18 at the Westin Galleria.
DALLAS , Sept. 4, 2019 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced today it is reopening its Palm Beach County banking centers and offices, after a one-day precautionary closing in response ...
DALLAS , Sept. 3, 2019 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that it will present at the Barclays Global Financial Services Conference. DATE: Tuesday, Sept. 10, 2019 TIME: 7:30 ...
DALLAS , Sept. 2, 2019 /PRNewswire/ -- In preparation for Hurricane Dorian, Comerica Incorporated (NYSE: CMA) has announced precautionary measures to safeguard its customers and colleagues. Beginning September ...
DALLAS , Aug. 27, 2019 /PRNewswire/ -- Comerica Bank's California Economic Activity Index increased 0.1 percent in June to a level of 124.5. June's reading is 27 points, or 27 percent, above the index ...
DALLAS, Aug. 27, 2019 /PRNewswire/ -- Comerica Bank's Texas Economic Activity Index increased 0.4 percent in June to 139.7. Strong job growth is a key feature of the Texas economy. Over the year ending in June, Texas payroll employment was up by 2.5 percent, well above the U.S. average of 1.5 percent.
DALLAS, Aug. 7, 2019 /PRNewswire/ -- Comerica Bank's Senior Vice President of External Affairs – Michigan Market and National Director of Hispanic Business Development Monica L. Martinez has been named one of the nation's "50 Most Powerful Latinas" in 2019 by the Association of Latino Professionals for America (ALPFA) in partnership with Fortune Magazine.