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April 17 Comerica (CMA +3.2%) trades higher after easily beating Q1 estimates. Net earnings rose 26% Y/Y, boosted by an 8% jump in loan growth and a sharp decrease in loan-loss provisions. Net-charge offs were at the lowest level since Q307, falling to 43% of average loans from 103% a year earlier and 57% in the prior quarter.
Comment![Financials, Earnings, On the Move]
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at MarketWatch.com (May 1, 2012)
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at MarketWatch.com (Apr 25, 2012)
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at MarketWatch.com (Apr 17, 2012)
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at MarketWatch.com (Apr 17, 2012)
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at CNBC.com (Apr 17, 2012)
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Tue, Apr 17Popular searches: auto.
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Wed, Apr 7, 2010
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Company Description
Comerica Incorporated ("Comerica") is a financial services company, incorporated under the laws of the State of Delaware, and headquartered in Dallas, Texas. As of December 31, 2009, it was among the 25 largest commercial bank holding companies in the United States. Comerica was formed in 1973... More