Comerica Declares Common and Preferred Stock Dividends
Rhea-AI Summary
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
AI-generated analysis. Not financial advice.
Positive
- Quarterly cash dividend of $0.71 per common share maintained
- Healthy preferred stock dividend of $1,406.25 per share ($14.0625 per depositary share)
- Strong market presence in 13 of 15 largest U.S. metropolitan areas
- Substantial asset base of $77.6 billion as of March 31, 2025
- Geographic diversification across 15 states plus international presence in Canada and Mexico
Negative
- None.
News Market Reaction – CMA
On the day this news was published, CMA gained 0.67%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Board also declared a dividend of
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in
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SOURCE Comerica Incorporated