Comerica Stock Price, News & Analysis

HoldCo Asset Management, a Florida-based investment firm managing $2.6 billion in assets, has issued a public presentation to Comerica Inc. (NYSE: CMA)'s Board of Directors. The presentation, titled "To the Board of Directors of Comerica Inc.: We Echo Mayo – If Not Now, Then When?" suggests that HoldCo is pushing for strategic changes at Comerica.

HoldCo disclosed its ownership of Comerica common stock and its vested interest in the company's stock price performance. The presentation has been made publicly available on HoldCo's website.

Comerica (NYSE: CMA) has announced its second quarter 2025 earnings results. The financial services company, headquartered in Dallas, Texas, reported total assets of $78.0 billion as of June 30, 2025.

The company will host a conference call on July 18, 2025, at 7 a.m. CT to review the results. The earnings presentation and financial results will be available through a live webcast on Comerica's website and will be filed with the SEC.

Comerica operates through three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. The company maintains banking centers across 15 states, serving 13 of the largest U.S. metropolitan areas, along with operations in Canada and Mexico.

["Total assets reached $78.0 billion as of June 30, 2025", "Broad geographical presence across 15 states and international operations", "Services 13 of the 15 largest U.S. metropolitan areas"]

Comerica Bank (NYSE:CMA) has appointed Stephen Jeffrey as Senior Vice President and Austin Market President. In this strategic leadership role, Jeffrey will be responsible for market strategy, collaboration, community development, and overall growth, while also serving as Group Manager of Business Banking and Middle Market.

Jeffrey brings over 27 years of banking experience in Central Texas, previously working with PNC Bank. As a fourth-generation Austin native with deep community ties, he currently serves on multiple boards including Austin PBS, Headliners Club, Austin Opera, and Health Alliance for Austin Musicians. Jeffrey holds a BBA in Finance from Texas State University and is a graduate of the University of Wisconsin-Madison Graduate School of Banking.

Comerica Bank (NYSE:CMA) has partnered with FHLB Dallas and Volunteers of America National Services to break ground on The Culbreath, a significant senior housing project in Dallas, Texas. The development is supported by a $2 million FHLB Dallas Affordable Housing Program grant.

The project features 364 units, with 90% reserved for residents at or below 60% of the median family income. Targeting seniors aged 62 and above, The Culbreath will offer amenities including a swimming pool, clubhouse, fitness center, and business center, along with an onsite Resident Coordinator for community programming.

This development is part of a larger revitalization effort in Dallas's Bonton neighborhood, demonstrating Comerica's commitment to community development and affordable housing solutions.

Comerica Bank (CMA) and Kalamazoo Growlers announce their fourth annual Summer Food Drive, running from June 20 to July 24, 2025, benefiting South Michigan Food Bank. The initiative offers donors free Growlers game tickets (one ticket per five items donated) and special prizes for larger donations. A new feature this year includes the opportunity to donate at the July 25 game, where fans contributing six or more items will receive a Growlers bucket hat. The partnership has generated approximately 193,000 meals since 2022, with Comerica Bank and its Charitable Foundation contributing $32,000 to the food bank. The collaboration extends to educational initiatives, including participation in the Kalamazoo Growlers Education Day featuring Kids STEM Fair, where Comerica's Financial Education Brigade provides financial literacy lessons to local students.

Comerica Bank (CMA) has announced its early adoption of The Clearing House's revised rules for domestic On-Behalf-Of (OBO) payments on the RTP® network. The bank, along with client Monex USA, has completed one of the first OBO payments under the new rules. OBO payments allow senders to make RTP transactions on behalf of other parties, with the new framework focusing on payment transparency, due diligence, risk management, and fraud reporting. The RTP network currently processes over 1 million transactions daily for more than 950 financial institutions. This implementation enables various real-time disbursement use cases, including payroll, benefits, marketplace payouts, and embedded payments. For Monex USA, a digital payments platform, the OBO capability will facilitate instant payments at scale and improve operational processes with enhanced transparency.

Walter Pat's Bakery Cafe, a Black woman-owned seasonal bakery, has won the 2025 Comerica Hatch Detroit Contest, securing a $100,000 grand prize from Comerica Bank. Founded by Lauren Ellis, an experienced pastry chef, the bakery specializes in viennoiseries and plans to open in Detroit's District 5. The contest, which attracted over 21,000 votes, also awarded $10,000 grants to three runners-up. The competition, supported by Comerica Bank and TechTown Detroit, has invested approximately $1.3 million since 2012, helping launch successful Detroit businesses. Walter Pat's Bakery joins notable previous winners including Sister Pie and Batch Brewing Company. The bakery will focus on Michigan seasonal produce and unique flavor combinations, blending Midwest and Southern influences.

Comerica (NYSE: CMA) announced the full redemption of its 5.625% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, and corresponding depositary shares. The redemption will occur on July 1, 2025, at $1,000 per Depositary Share (equivalent to $100,000 per share of Preferred Stock). The redemption affects 4,000 outstanding preferred shares, with regular quarterly dividends to be paid separately to holders of record as of June 13, 2025. Comerica has satisfied all regulatory requirements for the redemption, which will be processed through The Depository Trust Company (DTC). The bank, with $77.6 billion in total assets as of March 31, 2025, operates across 15 states through its Commercial Bank, Retail Bank, and Wealth Management segments.

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.