Comerica Bank
Comerica Bank
Comerica Inc is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking.
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The Dallas-based bank is the subject of a scathing new report by HoldCo Asset Management, which says it should take advantage of current market conditions to sell itself. The investment firm accused Comerica's management of making poor decisions and failing to address its lagging stock price.
July 28 -
The Dallas-based lender, which reported a year-over-year decline in earnings, is anticipating increased loan activity and deposit growth later in the year.
July 18 -
Comerica and U.S. Bank are applying new tools that attempt to take the worry out of real-time transactions made on behalf of third parties. Comerica payments exec Allysun Fleming spoke about the bank's plans.
July 8 -
The Dallas-based regional bank doesn't plan to halt in-progress investments, but it may adjust the pace of spending this year, depending on which way the economy goes. It also made downward revisions to its outlook for average loans, net interest income, fee income and expenses.
April 21 -
The Dallas-based company expects average loan growth to be flat to up 1% from 2024, driven by the ongoing payoffs of commercial real estate loans, executives said.
January 22 -
The Dallas-based bank has a growing list of legal and regulatory issues — some of them connected to its role in a U.S. government benefits program, and others not.
December 6 -
The Consumer Financial Protection Bureau has asked a Texas court to halt Comerica Bank's practices.
December 6 -
The Dallas-based bank is accusing the Consumer Financial Protection Bureau of "pursuing an aggressive and overreaching investigation" into its role in a Treasury Department prepaid card program.
November 13 -
Under McKinney, Comerica's retail bank generated $965 million in revenue and 20% revenue growth in 2023. She leads 2,580 employees in the retail bank, which has $27 billion in loans and deposits.
September 26 -
Crespi joined Comerica in 2020 as chief technology and operations officer with the goal of leading the Dallas-based bank's embrace of a more-digital future.
September 24