Comerica Incorporated (CMA) has been seeing significant action recently. The major investor activist,
HoldCo Asset Management, is pushing for an
immediate sale process. They have also released a critical board presentation and are urging for a shareholder-driven sale process. Financial institutions such as
Choreo LLC and
TCW Group Inc. have been readjusting their shares in CMA while
New York State Common Retirement Fund has acquired more. CMA also announced a quarterly
dividend of $0.71. Comerica's stock price continues to experience a surge with its
Q2 2025 earnings and revenues beating estimates. The full redemption of its Series A Preferred Stock was also announced alongside financial results showing strong capital positioning and shareholder returns. Comerica appointed
Eric Teal as the new
Chief Investment Officer and Stephen Jeffrey as Austin Market President. The
Comerica Bank also innovated business payments with a real-time transfer system serving over 950 banks.
Comerica Incorporated CMA News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 02 Aug 2025 23:42:18 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor 3
