Welcome to our dedicated page for Comerica Incorporated news (Ticker: $CMA), a resource for investors and traders seeking the latest updates and insights on Comerica Incorporated stock.
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Comerica Bank launches its sixth annual Prom Dress Drive in partnership with Jackets for Jobs, aiming to collect new or gently used dresses and accessories for southeast Michigan students. The drive will run from March 18 to April 12 at ten Comerica locations, with donations benefiting local teens who may not afford prom attire. Comerica has collected over 7,700 dresses in the past five years, with a record of 2,200 dresses last year.
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-0.08%
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Comerica Bank receives an 'Outstanding' rating in its 2023 Community Reinvestment Act Performance Evaluation by the Federal Reserve Board. The bank's commitment to community service and economic development led to significant achievements, including substantial loans, investments, and support for small businesses.
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1.77%
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Comerica Incorporated (CMA) declares a quarterly cash dividend for common stock and preferred stock. The company, celebrating 175 years, operates in three business segments and has a strong presence across the U.S. and internationally.
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Comerica Incorporated (NYSE: CMA) to participate in 2024 RBC Capital Markets Global Financial Institutions Conference and provide details for first quarter 2024 earnings call. Comerica, a financial services company celebrating 175 years, reported total assets of $85.8 billion as of Dec. 31, 2023.
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Comerica Bank to host its ninth annual North Texas Prom Dress Drive, expanding its reach to benefit local teens served by Boys & Girls Clubs of Collin County, Dallas CASA, and Boys & Girls Clubs of Greater Dallas. Donations of new or gently used formal dresses and accessories can be dropped off at six participating banking centers in North Texas. Since 2016, Comerica has donated close to 6,210 dresses, including 625 in 2023, to these organizations.
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-0.09%
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The Comerica California Economic Activity Index remained unchanged for two consecutive months through October, with a 1.6% increase from a year earlier. Employment rose by 34,500, but job growth has slowed, with continuing claims for unemployment insurance remaining elevated. Industrial electricity sales fell by 1.5% in October, and housing starts increased for the second consecutive month.
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The Comerica Texas Economic Activity Index increased by 5.3% annualized in the three months through October and was up 2.2% from a year earlier. The Texas labor market is cooling, with slower job growth and rising unemployment claims. Housing starts slumped by 4.7% in October, but house prices rose for the seventh consecutive month. Industrial electricity sales surged, while active oil drilling rigs fell sharply. Real GDP in Texas was up 5.7% in the first three quarters of last year, but high inflation and interest rates are likely to weigh on economic activity in 2024.
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0.54%
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The Comerica Michigan Economic Activity Index rose 7.2% annualized in the three months through October, but was still down 0.4% from a year earlier. Employment fell due to the United Auto Workers strike, but the labor market is expected to recover in early 2024. Auto production and housing starts showed mixed results, with housing prices rising sharply. Michigan's real GDP grew by 1.6% in 2022, below the national average. The state's economy is likely to slow along with the national economy in late 2023 and into 2024.
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Comerica Incorporated (CMA) has released its fourth quarter and full-year 2023 financial results, available on its website and the SEC's website. The company will host a conference call to review the results, with details provided for interested parties.
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Comerica Bank and TechTown Detroit announce the 12th annual Comerica Hatch Detroit Contest, offering $100,000 in startup funding to winning entrepreneurs. The contest aims to boost small business development in Detroit, Hamtramck, and Highland Park. Applications are open until February 16th, with the winner announced in the spring.
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Comerica Incorporated
NYSE:CMA
CMA Rankings
CMA Stock Data
7.04B
131.33M
0.78%
82.19%
3.48%
Commercial Banking
Finance and Insurance
United States of America
DALLAS
About CMA
comerica incorporated (nyse: cma) is a financial services company headquartered in dallas, texas, strategically aligned by the business bank, the retail bank, and wealth management. the business bank provides companies of all sizes with an array of credit and non-credit financial products and services. the retail bank delivers personalized financial products and services to consumers. wealth management serves the needs of high net worth clients and institutions. comerica’s nearly 9,000 colleagues focus on relationships, and helping people and businesses be successful. comerica operates in seven of the 10 largest u.s. cities, with 480 banking centers in its primary markets of texas, arizona, california, florida and michigan. select businesses operate in several other states, as well as in canada and mexico. comerica is among the 22 largest u.s. banking companies, with $69.2 billion in total assets at december 31, 2014. visit comerica's facebook page at facebook.com/comericacares or