Welcome to our dedicated page for Comerica news (Ticker: CMA), a resource for investors and traders seeking the latest updates and insights on Comerica stock.
Comerica Incorporated (NYSE: CMA) delivers relationship-driven financial services through commercial banking, wealth management, and consumer solutions. This page aggregates official news releases and verified updates from one of America's most established regional banks.
Investors and stakeholders can monitor earnings reports, regulatory filings, and strategic partnerships impacting CMA's operations across 17 U.S. states and international markets. The curated feed includes developments in small business support programs, interest rate strategies, and community initiatives like the Hatch Detroit Contest.
Key updates cover CMA's three business segments: Commercial Bank lending activity, Retail Bank product innovations, and Wealth Management service expansions. Users will find filings related to capital adequacy, dividend declarations, and leadership changes alongside cross-border banking developments in Canada and Mexico.
Bookmark this page for streamlined access to Comerica's financial communications, including FDIC disclosures and ESG program updates. Check regularly for material announcements affecting CMA's position in competitive markets like Texas, California, and Michigan.
Bouncing Around The Motor City has secured the $100,000 grand prize in the 2023 Comerica Hatch Detroit Contest held on April 26, 2023, at Wayne State University.
This funding will support the launch of a brick-and-mortar business in Detroit, where they will offer event planning, balloons, and decor.
Founder Cathryn Coleman, inspired by personal experiences, aims to revitalize a 26-year-vacant building. The victory followed public voting and presentations from four finalists.
Comerica Bank has committed nearly $1 million to the contest since its inception in 2012, reinforcing its support for local entrepreneurs and community growth.
On April 25, 2023, Comerica Incorporated (NYSE: CMA) announced a quarterly cash dividend of $0.71 per share for common stock, payable on July 1, 2023, to shareholders of record by June 15, 2023. Additionally, a dividend of $1,406.25 per share on Series A Non-Cumulative Perpetual Preferred Stock will also be paid on the same date. During the annual shareholders meeting, Comerica's board members, including Nancy Avila and Jennifer H. Sampson, were elected for one-year terms. Shareholders ratified the appointment of Ernst & Young LLP as the independent auditor and approved an advisory proposal on executive compensation frequency.
Comerica, headquartered in Dallas, Texas, reported total assets of $91.1 billion as of March 31, 2023, and continues to expand its banking services across multiple states.
On April 20, 2023, Comerica reported its first quarter 2023 financial results, indicating a strategic focus on its three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica, based in Dallas, Texas, operates over 400 banking centers across various states, including Arizona, California, Florida, Michigan, and Texas. The company continues to expand its market presence, including new regions in North Carolina and Colorado. Stakeholders can access detailed financial results via the Investor Relations section of Comerica's website or through an SEC filing.
The Comerica Hatch Detroit Contest has announced its top four finalists competing for
- Bouncing Around The Motor City: event planning and party rentals.
- Konjo Me: Ethiopian cuisine.
- Next Chapter Books: bookstore promoting literacy.
- Sepia Coffee Project LLC: specialty coffee roastery.
Public voting for the finalists runs from