Comerica Stock Price, News & Analysis

Comerica Bank (NYSE: CMA) will host its 16th annual Metro Detroit Shred Day on June 14, 2025, from 8 a.m. to 1 p.m. at its Great Lakes Campus in Farmington Hills. The free event, partnering with Iron Mountain and Information System Resources, offers secure document shredding and electronics recycling services to residents, small businesses, and nonprofits. In 2024, the event processed over 1,100 vehicles, destroying 169,000 pounds of paper and recycling 17,000 pounds of electronics. The initiative also supports Gleaners Community Food Bank, with last year's event generating over 28,000 meals through food and cash donations. Throughout its 15-year history, the event has collected nearly 1.3 million pounds of shredded documents and 78,000 pounds of electronics since 2016.

Comerica (NYSE: CMA) has announced its participation in the 2025 Morgan Stanley US Financials Conference on June 11, 2025, at 8 a.m. CT. Key executives including CFO James Herzog, Chief Banking Officer Peter Sefzik, and EVP of Payments Allysun Fleming will be present.

The company also scheduled its Second Quarter 2025 Earnings Conference Call for July 18, 2025, at 7 a.m. CT. Both events will feature live audio webcasts and presentation slides available on Comerica's website, with replays accessible for at least 10 days afterward.

Comerica, headquartered in Dallas, operates through three segments: Commercial Bank, Retail Bank, and Wealth Management. With total assets of $77.6 billion as of March 31, 2025, it serves 13 of the 15 largest U.S. metropolitan areas across 15 states.

The Comerica Hatch Detroit Contest by TechTown has announced its Top 4 finalists for 2025, who will compete for a $100,000 grand prize to open brick-and-mortar locations in Detroit, Hamtramck, or Highland Park. The finalists include Detroit Culture & Clay (ceramic arts), Halie & Co (handmade jewelry and fragrances), Livy's Sweet Rolls (gourmet cinnamon rolls), and Walter Pat's Bakery Cafe (seasonally-driven bakery). The final round includes public voting from June 2-11, culminating in the Hatch Off event where contestants will pitch to expert judges. Since 2012, Comerica has invested approximately $1.3 million in Hatch Detroit, helping launch successful businesses like Sister Pie and Batch Brewing Company. The program has supported 50 alumni businesses that have opened, creating over 500 jobs and generating more than $10 million in economic development.

The Comerica Hatch Detroit Contest by TechTown has announced its Top 10 semifinalists competing for a $100,000 grand prize from Comerica Bank. The contest aims to help entrepreneurs open brick-and-mortar storefronts in Detroit, Hamtramck, or Highland Park. Public voting runs from May 16-23, with four finalists to be revealed on May 27. The final "Hatch Off" event will take place on June 11, where contestants will pitch their business plans to judges. The diverse semifinalists include innovative concepts like The Coloring Museum, Cone Vecinos, and Detroit Culture & Clay. Since 2012, Comerica has invested $1.3 million in Hatch Detroit, which has helped launch successful businesses like Sister Pie and Batch Brewing Company. The program has supported 50 alumni businesses that have created over 500 jobs and invested more than $10 million in economic development.

Comerica Bank (NYSE: CMA) and the Detroit Tigers are launching their 2025 Small Business of the Month program, starting May 11. The program offers metro Detroit small businesses valuable exposure through in-game promotion at Comerica Park and social media channels, along with suite access for business networking.

The program kicks off with Rent A Bounce as its first honoree, followed by businesses like Encore Commercial Products and Leonardo Marble & Granite throughout the season. Comerica's small business initiatives extend beyond the Tigers partnership, including collaborations with the Detroit Lions and Pistons, which will collectively showcase over 40 small businesses in 2025.

Additionally, Comerica has announced a $250,000 contribution during National Small Business Week, distributing $50,000 each to five nonprofit organizations focused on entrepreneurial development across different markets.

Comerica Bank (CMA) has announced a $250,000 contribution to support small business development during National Small Business Week (May 4-10, 2025). The funds will be distributed equally among five nonprofit organizations, with each receiving $50,000 to support entrepreneurial development and growth. The beneficiary organizations include Impact Ventures, Pacific Asian Consortium in Employment, TechTown Detroit, Women's Business Enterprise Alliance, and Working Solutions CDFI. The bank has launched several initiatives to support small businesses, including Comerica BusinessHQ™, Comerica CoWorkSpaces®, and SmallBizCo-op® program. According to the U.S. Small Business Administration, small businesses in the U.S. have grown 4.5% to 34.8 million in 2024, employing approximately 59 million people. Comerica recently received multiple Crisil Coalition Greenwich Awards for excellence in Small Business Banking, including recognition for relationship management and trust.

Comerica shareholders approved three key proposals at their annual meeting, including the election of eleven directors to the Board for one-year terms. The meeting also resulted in the ratification of Ernst & Young as their independent registered public accounting firm and approval of executive compensation through a non-binding advisory vote.

As a major financial services company headquartered in Dallas, Texas, Comerica operates through three segments: Commercial Bank, Retail Bank, and Wealth Management. With total assets of $77.6 billion as of March 31, 2025, Comerica ranks among the 25 largest U.S. commercial financial holding companies. The bank maintains a strong presence across 15 states, serving 13 of the largest U.S. metropolitan areas, with banking centers in Arizona, California, Florida, Michigan, and Texas, plus operations in Canada and Mexico.

Comerica (NYSE: CMA) has announced its latest dividend declarations for both common and preferred stockholders. The board approved a quarterly cash dividend of $0.71 per share for common stock, payable on July 1, 2025, to shareholders of record as of June 13, 2025.

Additionally, Series A Non-Cumulative Perpetual Preferred Stock shareholders will receive $1,406.25 per share ($14.0625 per depositary share), with the same payment and record dates.

Key Facts about Comerica:

• Headquartered in Dallas, Texas
• Among the 25 largest U.S. commercial financial holding companies
• Operates through three segments: Commercial Bank, Retail Bank, and Wealth Management
• Present in 15 states, serving 13 major U.S. metropolitan areas
• Total assets: $77.6 billion (as of March 31, 2025)
• Founded in 1849 in Detroit, Michigan

Comerica Bank has appointed Matt Marchbanks as the new Fort Worth Market President and Senior Vice President, Middle Market and Business Banking Group Manager. In his dual role, Marchbanks will oversee business and community development efforts in Tarrant County while managing Middle Market & Business Banking relationship teams.

Marchbanks brings 25 years of financial services experience at Comerica, starting with the Commercial Banking Development Program. His recent positions included leading commercial banking for Dallas-Fort Worth West and South Florida regions, and serving as North Texas relationship manager for nine years. A Tarrant County resident, he holds a finance degree from Texas A&M University and is a graduate of SMU's Southwestern Graduate School of Banking.