Subscribe To

Price Alert Latest News Economic Calendar News

CMA / Comerica airs plan to exit mortgage finance business by year-end, stock rises

Comerica Inc. CMA, +3.64% stock is up 4.6% after it said in a filing it plans to organically exit the mortgage bank finance business by the end of the year. It's part of an overall focus on “selective loan growth” at the bank, according to a presentation it's making Tuesday at the Morgan Stanley U.S. Financials, Payments and CRE Conference. Read More

Demo Live Account See Partner Details

Content Topics

Comerica

Airs

Plan

Exit

Mortgage

Finance

Business

Year

End

Year end

Stock

CMA

Posted: Jun 13 2023, 11:02

Author Name: Market Watch

CMA News

By Market Watch
October 23, 2023

Higher-for-longer interest rates challenge banks as mixed Q3 earnings stack up

The higher-for-longer interest-rate environment weighed on banks during the quarter as one central theme this earnings season, banking-industry player

By Seeking Alpha
October 20, 2023

Comerica Incorporated (CMA) Q3 2023 Earnings Call Transcript

By Proactive Investors
October 20, 2023

Comerica 3Q profits slide on lower interest income

Comerica (NYSE:CMA) reported third quarter earnings and revenue that topped Wall Street estimates, despite its profits decreasing almost 30% year-o

By Zacks Investment Research
October 20, 2023

Comerica (CMA) Gains 1.2% on Q3 Earnings & Revenues Beat

An increase in revenues, supported by higher fee income, aids Comerica's (CMA) Q3 earnings. However, increasing expenses and higher allowance for cred

By Zacks Investment Research
October 20, 2023

Comerica Incorporated (CMA) Q3 Earnings and Revenues Top Estimates

Comerica Incorporated (CMA) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.70 per share. This compare

By Barrons
October 20, 2023

Comerica Profit Tumbles But Earnings Beat Expectations

The regional bank posted third-quarter earnings of $1.84 a share, while Wall Street was expecting $1.69.

By Market Watch
October 20, 2023

Comerica profit drops by 28% but beats Wall Street estimate

Comerica Inc.'s CMA, -1.28% stock rose 1.2% in premarket trading on Friday after the bank said its third-quarter net income fell by 28% to $251 millio

By Zacks Investment Research
October 18, 2023

Will Lower NII & Fee Income Hurt Comerica's (CMA) Q3 Earnings?

A weaker lending environment and high funding costs are likely to have affected Comerica's (CMA) NII. A fall in fee income is also expected to hurt it

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.