|Bid||69.34 x 1100|
|Ask||71.92 x 800|
|Day's Range||68.06 - 70.80|
|52 Week Range||63.69 - 100.64|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||9.07|
|Earnings Date||Oct 16, 2019|
|Forward Dividend & Yield||2.68 (3.87%)|
|1y Target Est||77.90|
SunTrust (STI) witnesses higher revenues in the second quarter of 2019. Yet, higher expenses and rise in provisions hurt results.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Comerica (CMA) have what it takes? Let's find out.
Comerica's (CMA) second-quarter 2019 results reflect higher revenues and decline in expenses, partly offset by higher provisions.
Shares of Comerica Inc. dropped 2.0% in premarket trading Wednesday, after the Texas-based regional bank reported a second-quarter profit and net interest income (NII) that missed expectations, and provided a downbeat NII outlook. Net income was $298 million, or $1.94 a share, after earnings of $326 million, or $1.87 a share, in the year-ago period. Adjusted EPS rose to $1.94 from $1.90, but was below the FactSet consensus of $2.00. NII increased to $603 million from $590 million, but missed the FactSet consensus of $609 million, as an increase in deposit costs and higher levels of funding to support loan growth offset an increase in average loans and an additional day in this year's quarter. For 2019, the company NII growth of 2%, while the FactSet consensus of $2.42 billion implies 2.8% growth. The stock has shed 9.5% over the past three months, while the SPDR S&P Regional Banking ETF has slipped 3.8% and the S&P 500 has gained 3.6%.
DALLAS , July 17, 2019 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today has reported its second quarter 2019 financial results. The results are available on the Investor Relations section of Comerica's ...
NEW YORK, NY / ACCESSWIRE / July 17, 2019 / Comerica, Inc. (NYSE: CMA ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 17, 2019 at 8:00 AM Eastern Time. ...
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Modest loan growth and surge in fee income are expected to drive BB&T's (BBT) Q2 earnings. However, expenses are expected to increase slightly.
Comerica (CMA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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Dismal trading and investment banking performance, muted loan growth and low rates are expected to affect Morgan Stanley's (MS) Q2 earnings.
Comerica's (CMA) Q2 earnings are expected to benefit from rise in card fees, controlled expenses and improved credit quality.
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Dismal trading and investment banking performance as well as muted growth in interest income will hurt JPMorgan's (JPM) Q2 earnings. However, mortgage banking is likely to provide some support.
PNC Financial's (PNC) Q2 earnings are likely to reflect muted net interest income growth. Also, rise in consumer service revenues might support fee income.
Learn why the banking sector is a vital industry to our economy, what it does to drive the economic growth and understand some of the examples of companies in this sector.
Lingering geopolitical concerns, trade jitters and muted loan growth are expected to hurt major banks' Q2 earnings. But there are a few stocks in the industry that are likely outperform their peers.
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In a reversal in trend, Wells Fargo's (WFC) mortgage banking performance is projected to improve in the April-June quarter. However, ongoing litigation hassles may escalate the bank's expenses.
Comerica (CMA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.