Comerica(CMA)

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CROWN ROYAL JOINS FORCES WITH NATE SMITH AND SCOTTY HASTING TO SUPPORT VETERANS AS THE AWARD-WINNING WHISKY DONATES $50,000 TO CREATIVETS ON COUNTRY MUSIC'S BIGGEST NIGHT
Prnewswire· 2024-11-21 22:27
To kick off the week, the award-winning whisky brand partnered with Daniel Musto of fashion brand DanielxDiamond to debut Crown Royal Aged 31 Years. Musto shared a collection of iconic looks from country music's biggest stars along with his tips for luxury western styling. The duo adorned guests with their very own custom DanielxDiamond Crown Royal jacket, a perfect accessory for CMA Awards week. Side-by-side with this rare whisky, the two icons cheers to craftsmanship, excellence and country music. Continu ...
Comerica Bank Statement on Direct Express Program Transition
Prnewswire· 2024-11-21 16:30
Core Insights - Comerica Bank has announced a three-year extension of services for the Direct Express program to facilitate the transition to a new financial agent [2] Company Overview - Comerica Bank, a subsidiary of Comerica Incorporated, is headquartered in Dallas, Texas, and operates across three business segments: The Commercial Bank, The Retail Bank, and Wealth Management [2] - The bank serves approximately 3.4 million cardholders through the Direct Express program, which it has supported since 2008 [2] - As of September 30, 2024, Comerica reported total assets of $79.7 billion [2] - The bank operates nearly 380 banking centers across the U.S. and has expanded into new regions, including North Carolina and Colorado [2]
Comerica Rewards Shareholders With New Share Repurchase Plan
ZACKS· 2024-11-06 15:55
Comerica Incorporated’s (CMA) board has approved an additional share repurchase authorization of up to 10 million shares of its outstanding common stock, with no expiration date. This new authorization is in addition to the five million shares available as of Sept. 30, 2024, under the prior share repurchase program. In the fourth quarter of 2024, Comerica plans to repurchase approximately $100 million worth of shares as part of its repurchase program.Comerica’s Consistent Quarterly Dividend PayoutThe bank a ...
Comerica Declares Dividends and Announces Increase in Share Repurchase Authorization
Prnewswire· 2024-11-05 21:15
DALLAS, Nov. 5, 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 Jan. 1, 2025, to shareholders of record at the close of business on Dec. 13, 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 Jan. 1, 2025, to preferred stoc ...
Best Income Stocks to Buy for October 29th
ZACKS· 2024-10-29 14:05
Here are three stocks with buy rank and strong income characteristics for investors to consider today, October 29th: Swedbank (SWDBY) : This company which is a leading Nordic-Baltic banking group with retail customers and corporate customers in Sweden, Estonia, Lithuania and Latvia, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days. This Zacks Rank #1 (Strong Buy) company has a dividend yield of 4.7%, compared with the industry average of 3.9%. Un ...
Comerica(CMA) - 2024 Q3 - Quarterly Report
2024-10-28 20:37
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 10-Q ______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10706 ________________________________________ ...
UK's CMA Launches Antitrust Probe Into Alphabet's $2 Billion Partnership With Anthropic
PYMNTS.com· 2024-10-24 20:06
The U.K.’s Competition and Markets Authority (CMA), which is in charge of antitrust regulation, is investigating a partnership between tech giant Alphabet and artificial intelligence startup Anthropic.It will launch a probe Friday (Oct. 25) that aims to determine whether the deal could undermine competition in the United Kingdom, according to a notice issued Thursday (Oct. 24). The investigation began with a review July 30, and the CMA invited anyone interested to comment until Aug. 13.The investigation ste ...
Can Comerica (CMA) Run Higher on Rising Earnings Estimates?
ZACKS· 2024-10-24 17:20
Comerica Incorporated (CMA) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between tr ...
Comerica (CMA) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-10-23 17:01
Comerica Incorporated (CMA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Indi ...
Are You Looking for a Top Momentum Pick? Why Comerica Incorporated (CMA) is a Great Choice
ZACKS· 2024-10-23 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...