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INX:CMA, Jul 16, 09:37 UTC

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Friday, July 13


News

Why an Earnings Beat is Likely for Comerica (CMA) in Q2 - July 13, 2018

CMA

Comerica Incorporated CMA is scheduled to report second-quarter 2018 results before the opening bell on Jul 17. Our proven model shows that Comerica has the right combination of the two key ingredients —positive Earnings ESP and a Zacks Rank #3 (Hold) or better — to increase the odds of an earnings beat. Though estimates for the to-be-reported quarter have been revised slightly downward over the last seven days, the Zacks Consensus Estimate for earnings of $1.62 reflects growth of 43.4% year over year. Net Interest Income (NII) to Rise: Comerica’s net interest income is likely to improve in the to-be-reported quarter supported by expanding net interest margin and a pickup in loan growth, particularly in the areas of commercial and industrial, and consumer.

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News

What analyst predict for Goldman Sachs Group NYSE:GS? - Stock Market Daily

CMA BLK +1 more CMA BLK GS

Goldman Sachs Group, reported EPS for the same quarter last year was $3.95. The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company headquartered in New York City. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in Lower Manhattan with additional offices in other international financial centers. Fidelity National Financial NYSE:FNF headquartered in Jacksonville,…. What analyst predict for Comerica Incorporated NYSE:CMA? What analyst predict for Comerica Incorporated NYSE:CMA?

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News

What analyst predict for Bank of America Corporation NYSE:BAC?< - Stock Market Daily

CMA BAC +1 more CMA BAC BLK

Comerica Incorporated, reported EPS for the same quarter last year was $1.15/strong>. Comerica Incorporated is a financial services company headquartered in Dallas, Texas, strategically aligned into three major business segments: the Business Bank, the Retail Bank, and Wealth Management. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Goldman Sachs Group NYSE:GS headquartered in Lancaster,…. What analyst predict for Fidelity National Financial NYSE:FNF? What analyst predict for Fidelity National Financial NYSE:FNF?

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Wednesday, July 11


News

The Zacks Analyst Blog Highlights: JPMorgan Chase, Comerica, MT Bank, KeyCorp and SunTrust Banks - July 11, 2018

CMA MTB +3 more CMA MTB JPM STI KEY

The earnings season is knocking at the door and investors are keen to see how major banks have performed in the second quarter amid uncertainty related to the trade war fears. Hence, major banks on the S&P 500 Index (accounting for nearly 45% of the Zacks Finance sector's total earnings) are expected to witness 8.2% year-over-year earnings growth in the to-be-reported quarter. Yet, this compares unfavorably with 25.4% growth recorded in the prior quarter. Picking the Potential Winners. While the upcoming results are not likely to be impressive, there are still a few major banks that are expected to outshine their peers. So, this is the right time for you to select some banking stocks that are well positioned to beat earnings estimates in their upcoming releases. One way to do it is by picking stocks that have the combination of a favorable Zacks Rank — Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — and a positive Earnings ESP.

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Monday, July 09


News

3 Big Stock Charts for Monday: Comerica, SCANA Corporation and Illinois Tool Works

CMA SCG +1 more CMA SCG ITW

The market’s gains also materialized despite the initiation of new trade tariffs that were supposed to pull the rug out from underneath them. As is always the case though, the best trading bets are names that steer clear of news-driven, emotionally charged volatility. To that end, Illinois Tool Works (NYSE:ITW), Comerica Incorporated (NYSE:CMA) and SCANA Corporation (NYSE:SCG) emerged as the best trading prospects to kick this new week off. With just a quick glance at its fundamentals, Comerica looks fine. And, with nothing more than a quick look at the chart, CMA doesn’t appear to be in any real trouble. Last but not least, if Illinois Tool Works rings a bell, there may be a good reason — it was one of the trading suggesting put into the spotlight back on Monday of last week.

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Sunday, July 08


News

Comerica Incorporated (CMA) EPS Estimated At $1.66

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It worsened, as 43 investors sold Comerica Incorporated shares while 172 reduced holdings. Moreover, Prescott Gp Cap Mgmt Limited Liability Company has 0.23% invested in Comerica Incorporated (NYSE:CMA) for 11,000 shares. $230,560 worth of Comerica Incorporated (NYSE:CMA) shares were sold by Carr Muneera S. 3,000 shares were sold by Burkhart Megan D, worth $284,412. Analysts expect Comerica Incorporated (NYSE:CMA) to report $1.66 EPS on July, 17 before the open.They anticipate $0.51 EPS change or 44.35 % from last quarter’s $1.15 EPS.

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Monday, July 02


News

Are Analysts Bearish Comerica Incorporated (NYSE:CMA) After Last Week?

CMA

Are Analysts Bearish Comerica Incorporated (NYSE:CMA) After Last Week? It fall, as 43 investors sold Comerica Incorporated shares while 172 reduced holdings. Fil Ltd has 0.02% invested in Comerica Incorporated (NYSE:CMA) for 88,973 shares. Since January 18, 2018, it had 0 buys, and 15 insider sales for $33.62 million activity. Another trade for 11,293 shares valued at $1.08M was sold by Duprey David E. BABB RALPH W JR also sold $4.76 million worth of Comerica Incorporated (NYSE:CMA) on Tuesday, January 23.

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Friday, June 29


News

Comerica Releases Corporate Responsibility Progress Report

CMA

The report updates the company's Global Reporting Initiative (GRI)-based comprehensive corporate responsibility report, published in 2017, and addresses Comerica's diversity and inclusion program. "Comerica takes its leadership as a responsible company seriously and I'm pleased to share this update, which specifically focuses on our environmental progress as well as an overview of our active diversity and inclusion program," said Ralph W. Babb, Jr., chairman and chief executive officer of Comerica. The report covers Comerica's environmental progress, including the launch of Comerica's third generation greenhouse gas reduction goals; updates on diversity and inclusion, including coverage of our workforce, board, customers, communities, and suppliers; highlights our support for military veterans, hurricane relief, and green lending; and Comerica's corporate responsibility efforts link to the United Nations 17 Sustainable Development Goals (SDGs). "The new GHG reductions include a 50 percent reduction by 2025, 65 percent by 2030, and 100 percent by 2050 (all referenced to a baseline of 2012). In addition to these new GHG reduction goals, Comerica continues to close in on the achievement of our water and paper use reduction goals."

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Thursday, June 28


News

Comerica Bank's Michigan Index Up Again

CMA

Vehicle assemblies increased from February through April. However, we have already seen a large drop in assemblies for May, indicating that vehicle assemblies could become a drag on the Michigan Index by early summer. Trade actions by the U.S. and by our key trading partners, Canada and Mexico, have increased uncertainty for many Michigan businesses. Some businesses are responding by reducing borrowing and delaying investment. The Michigan Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, auto assemblies, total trade, hotel occupancy and sales tax revenue. Comerica Bank, with one of the largest banking center networks in Michigan, is a subsidiary of Comerica Incorporated (CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management.

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News

Comerica Bank's Texas Index Rebounds

CMA

The index averaged 128.5 points for all of 2017, three and nine-tenths points above the average for 2016. The Texas Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, Texas rotary rig count, total trade, hotel occupancy and sales tax revenue. Comerica Bank is a subsidiary of Comerica Incorporated (CMA), the largest U.S. commercial bank headquartered in Texas, strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. In addition to a local banking center network throughout Dallas-Fort Worth, Houston, Austin, San Antonio and Kerrville, Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

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  • Financial