Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Interest-Sensitive Comerica Is An Interesting Stock Today

Comerica (NYSE:CMA) hasn't always gotten its due, as analysts have in the past questioned the company's heavy exposure to Michigan, its focus on commercial lending, and how it went about gaining sizable exposure to California, and Texas. Nevertheless, Comerica sits today as one of the strongest mid-sized banks from the perspective of capital, and the company's interest-sensitive makeup could really pay if rates start to rise. Valuation makes this an interesting stock today, as the bank looks too cheap on some metrics, but fairly valued at best by others.

Good Fourth-Quarter Results, Highlighted By Strong Lending Growth

Comerica saw flat operating revenue this quarter, which isn't immediately all that impressive in comparison to U.S. Bancorp (NYSE:USB)...

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