Comerica Incorporated (CMA) is experiencing a significant amount of investment movement, highlighted by numerous acquisitions and sales by various investors and asset management groups. The stake has been raised by Rhino Investment Partners Inc, while purchases have been made by Algert Global LLC, Invesco Ltd, Charles Schwab, among others. Quantbot Technologies LP sold a large number of shares. New positions have been taken by several groups, including Brandywine Global Investment Management, Westfield Capital Management, and Lyell Wealth Management. The company issued a 6.875% fixed rate reset preferred stock series IPO, which generated considerable interest.
Activist investor has demanded the immediate sale of Comerica Bank, driving acquisition interests. Eric Teal was named Chief Investment Officer. Comerica declared a quarterly dividend of $0.71, and released strong Q2 2025 earnings, indicating a strong capital position and shareholder returns, despite deposit challenges. CFPB sued the bank for systematically failing older and disabled Americans, with a launch of a callable preferred stock amidst the pressure. The bank rolled out a real-time transfer system for over 950 banks, showing innovation in business payments.
Comerica Incorporated CMA News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Sat, 23 Aug 2025 12:14:36 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor -3
