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Comerica Value Stock - Dividend - Research Selection

Comerica

ISIN: US2003401070 , WKN: 864861

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Description of the company

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through three segments: Business Bank, the Retail Bank, and Wealth Management. The Business Bank segment offers various products and services, such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication services to middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides small business banking and personal financial services, including consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers a range of consumer products comprising deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services consisting of fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The company operates in Texas, California, and Michigan, as well as in Arizona and Florida, Canada, and Mexico. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

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NEWS


Banks may lean on costly ‘hot money’ to get through higher-for-longer Fed campaign

2023-09-22
The Federal Reserve's forecast of elevated rates in years to come could place more pressure on banks to rely on expensive brokered deposits known as 'hot money.'

Fed Signals High Rates for Long Term: What it Means for Banks?

2023-09-21
The Fed keeps the interest rates unchanged and signals higher rates for longer period. This shows more pain ahead for banks like Western Alliance Bancorp (WAL), Zions (ZION), Comerica (CMA) & KeyCorp (KEY).

Interesting CMA Put And Call Options For November 3rd

2023-09-21
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Comerica Inc. stock falls Thursday, still outperforms market

2023-09-21
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Comerica put volume heavy and directionally bearish

2023-09-21
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Comerica Names Kristina Janssens Senior Vice President, Chief Compliance Officer

2023-09-20
Comerica Incorporated (NYSE:CMA) announced that Kristina Janssens has been named Senior Vice President, Chief Compliance Officer. She will report to Susan Joseph, Executive Vice President, Financial Intelligence & Corporate Compliance Director.

Comerica Incorporated's (NYSE:CMA) latest 5.0% decline adds to one-year losses, institutional investors may consider drastic measures

2023-09-20
Key Insights Given the large stake in the stock by institutions, Comerica's stock price might be vulnerable to their...

Comerica appoints Kristina Janssens SVP, CCO

2023-09-20
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Comerica Inc. stock underperforms Wednesday when compared to competitors

2023-09-20
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Comerica (CMA) Receives a Buy from Citi

2023-09-20
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