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Stock Market & Financial Investment News

News Breaks
February 28, 2014
16:16 EDTCMAComerica names Michael H. Michalak as Chief Risk Officer
Comerica announced that Michael H. Michalak, a 26-year veteran of the company, has been named its Chief Risk Officer.
News For CMA From The Last 14 Days
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September 15, 2014
17:17 EDTCMAComerica releases results of its mid-cycle stress test
In a severely adverse scenario, Comerica's total risk based capital ratio would be 11.4% through 2Q16. Reference Link
September 8, 2014
07:56 EDTCMAComerica loan growth weaker than expected, says BMO Capital
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07:55 EDTCMAComerica reports Q3 average loans though August $47.1B.
Comerica, in slides disclosed late Friday for an upcoming presentation by CEO Ralph Babb Jr. at the Barclays Global Financial Services Conference on Tuesday, September 9, updated on its third quarter. Comerica said average loans were tracking up 3% to $47.1B through August 31, compared to the Q2 average loans of $46.7B. In discussing July and August trends, Comerica said H.8 data shows commercial loan growth has slowed, compared to 1H14, and that pressure on yield persists from the low rate environment. The company added that its outlook for moderate average loan growth year over year remains unchanged.
September 2, 2014
12:47 EDTCMAComerica management to meet with Jefferies
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