NYSE - Delayed Quote • USD Comerica Incorporated (CMA) Follow Compare 60.21 -2.08 (-3.34%) At close: January 10 at 4:00:02 PM EST 60.01 -0.20 (-0.33%) After hours: January 10 at 6:16:25 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Comerica price target lowered to $78 from $79 at RBC Capital RBC Capital analyst Jon Arfstrom lowered the firm’s price target on Comerica (CMA) to $78 from $79 and keeps an Outperform rating on the shares as part of a broader research note previewing Q4 earnings for regional banks. Given the changes to the rate environment and economic outlook in recent months, combined with increased optimism surrounding the incoming U.S. administration, the focus will likely be more on 2025 outlooks, the analyst tells investors in a research note. RBC adds that while it Comerica price target lowered to $70 from $73 at JPMorgan JPMorgan lowered the firm’s price target on Comerica (CMA) to $70 from $73 and keeps a Neutral rating on the shares. Heading into the Q4 earnings season for regional banks, the firm expects fundamental trends for the quarter to be highlighted by minimal loan and deposit growth, net intercessor margins declining a few basis points, and credit trends remaining stable on an overall basis. Looking beyond the results, JPMorgan believes the focus area alongside bank earnings will be on the 2025 outloo Will Comerica (CMA) Beat Estimates Again in Its Next Earnings Report? Comerica (CMA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. Should iShares S&P Small-Cap 600 Value ETF (IJS) Be on Your Investing Radar? Style Box ETF report for IJS Deutsche Bank's Unit Faces $4M Penalty Over Delays in SAR Filing DB's subsidiary faces a penalty of $4 million by the SEC for failing to report SARs on time. Comerica's (NYSE:CMA three-year decrease in earnings delivers investors with a 18% loss Many investors define successful investing as beating the market average over the long term. But the risk of stock... Comerica sees Q4 NII in line with prior guidance of up 6% Comerica (CMA) says loans relatively flat with about $250M decrease in QTD average loan. For Q4, sees average balances to be slightly below Q3 average with pressure from Commercial Real Estate. QTD average deposits down $700M compared to Q3 average , or up $500M on average excluding the $1.2B decline in brokered time deposit. For Q4, sees average balances to exceed prior Q4 guidance, but anticipates continued cyclical pressure on NIB balance. Comments taken from slides being presented at the Gol Best Income Stocks to Buy for December 10th WTBA, CMA and MS made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 10, 2024. Best Value Stocks to Buy for December 10th PLBC, CMA and POWL made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 10, 2024. Workday, Apollo Global To Join S&P 500 Index, But AppLovin Snubbed Workday and Apollo Group jumped on news that they'll join the S&P 500 before the open on Dec. 23. But AppLovin was passed over. Comerica Bank faces CFPB lawsuit over federal benefits failings The bank has been accused of disconnecting 24 million calls and charging illegal ATM fees to over a million cardholders. Comerica's Unit Sued on Failing to Administer Federal Benefits Program CMA's subsidiary Comerica Bank is sued by CFPB over the allegation of mishandling millions of Direct Express cardholders receiving federal benefits. CFPB sues Comerica for ‘systematically failing’ federal benefits recipients The watchdog, which Comerica sued last month over its “costly” investigation, alleged the bank intentionally dropped 24 million customer service calls and charged illegal ATM fees. Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid- Apollo Global, Workday to Join S&P 500. Here’s Who Didn’t Make It. Apollo Global Management and Workday will be added to the prior to the start of trading on Dec. 23 in conjunction with the index’s quarterly rebalancing. The two companies will replace Qorvo and Amentum Holdings which will move to the index, according to a press release from S&P Dow Jones Indices. There was considerable speculation before the announcement at 5:15 ET whether S&P Dow Jones Indices would add any companies to the S&P 500 in conjunction with the rebalancing and, if so, which would join. Sector Update: Financial Stocks Ease Late Afternoon Financial stocks edged lower in late Friday afternoon trading with the NYSE Financial Index down 0.2 Sector Update: Financial Stocks Mixed Friday Afternoon Financial stocks were mixed in Friday afternoon trading with the NYSE Financial Index and the Financ Update: Comerica Bank Faces CFPB Lawsuit Over Alleged Mistreatment of Disabled, Elderly Customers (Updates to include Comerica's response in the fifth and sixth paragraphs.) Comerica's (CMA) Come CFPB sues Comerica over abuses of federal benefits users The Consumer Financial Protection Bureau has asked a Texas court to halt Comerica Bank's practices. Comerica Bank Faces CFPB Lawsuit Over Alleged Mistreatment of Disabled, Elderly Customers Comerica's (CMA) Comerica Bank unit is facing allegations of mistreating millions of mainly disabled Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return CMA S&P 500 YTD -2.00% -1.35% 1-Year +12.94% +22.51% 3-Year -27.90% +24.59%