Comerica (NYSE:CMA) shares rose more than 4% intra-day today after the company reported better-than-expected third-quarter earnings for 2024, with adjusted EPS of $1.33, surpassing the Street consensus of $1.16.
Operating through its three main business segments—The Commercial Bank, The Retail Bank, and Wealth Management—Comerica remains one of the 25 largest commercial financial holding companies in the U.S. The bank has a significant footprint across the country, with nearly 380 banking centers located in key states including Arizona, California, Florida, Michigan, and Texas.
Expanding its reach, Comerica has recently entered new markets in North Carolina and Colorado's Mountain West region, growing its presence to 17 states and serving 14 of the 15 largest U.S. metropolitan areas.
About NYSE: CMA
C
omerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination.
Price: 70.96
Market cap: 9.3 billion USD
Eps: 4.00
P/e ratio: 17.74
Focus Analysis On: CMA
All news about: CMA
Berkshire Hathaway
Profile, Qualitative, Financials ...
Overview
Royal Bank Of Canada
Fundamental Analysis
FA
Pfizer Inc.
Supply Analysis
Drugs, Devices, Recalls, Compliance ...
Amazon.com, Inc.
Risks/AI
NLP Analyzed Risk Factors, AI Arguments
The Boeing Company
M&A Deals
Deal Sizes, Dates, Security Type, S-4 ...
Adobe Inc.
Employee Analysis
VpE, Survey, Geographical Biding & Aqc.
