Teacher Retirement System of Texas has increased its holdings in Comerica Incorporated (CMA). Comerica extends its community services with a record-breaking prom dress drive and free document shredding events while also announcing dividends and an increase in share repurchase authorization. Various financial firms have made significant purchases of Comerica's stocks, signaling confidence in the financial institution. Despite facing some challenges, Comerica reported its Q3 and Q4 2024 earnings, missing Q4 estimates, although the bank finished Q4 with a strong net income. Despite these numbers, it received an upgrade after reflecting deposit pressures in mixed Q4 results. The bank also raised dividends and set a new buyback scheme despite some regulatory issues with the CFPB. It witnessed a sale of stocks by various investors however more investors have bought the bank's shares. Comerica Inc's executive VP has been honored for transforming the waste industry. Overall, the bank remains an attractive choice for institutional investors, with an 85% institutional ownership.
Comerica Incorporated CMA News Analytics from Fri, 19 Jul 2024 07:00:00 GMT to Sat, 29 Mar 2025 18:24:44 GMT -
Rating 2
- Innovation -1
- Information 4
- Rumor -7
