Comerica Incorporated is a financial services company that primarily provides banking and financial solutions to businesses and individuals. With a strong presence in commercial banking, the company offers a range of products including loans, treasury management, and institutional services, while also catering to consumer banking needs such as personal loans, savings accounts, and mortgages. Comerica focuses on specific markets, delivering tailored financial services to foster economic growth and support its clients’ diverse financial requirements. The company operates through a network of branches and ATMs, emphasizing customer service and community engagement to enhance its regional footprint. Read More
The Federal Home Loan Bank of Dallas (FHLB Dallas) joined Comerica Bank, Volunteers of America National Services and local dignitaries to break ground on a new senior housing project in Dallas, Texas, supported by a $2 million FHLB Dallas Affordable Housing Program (AHP) grant. The groundbreaking ceremony marks the start of construction on The Culbreath, a mixed-income affordable housing community, which will provide high-quality amenities and supportive services for elderly residents. The Culbreath is part of a massive revitalization of the Bonton neighborhood that surrounds the property.
Financial services company Comerica (NYSE:CMA) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.7% year on year to $829 million. Its non-GAAP profit of $1.25 per share was 10.7% above analysts’ consensus estimates.
Chipotle announced that it will open a location in Mexico by early 2026 in partnership with Alsea, S.A.B. de C.V., a restaurant operator in Latin America and Europe.
CEO Curtis C. Farmer said that stronger-than-expected non-interest-bearing balances and proactive deposit pricing strategies offset the impact of muted loan demand.
