Comerica (NYSE:CMA) shares rose more than 4% intra-day today after the company reported better-than-expected third-quarter earnings for 2024, with adjusted EPS of $1.33, surpassing the Street consensus of $1.16.
Operating through its three main business segments—The Commercial Bank, The Retail Bank, and Wealth Management—Comerica remains one of the 25 largest commercial financial holding companies in the U.S. The bank has a significant footprint across the country, with nearly 380 banking centers located in key states including Arizona, California, Florida, Michigan, and Texas.
Expanding its reach, Comerica has recently entered new markets in North Carolina and Colorado’s Mountain West region, growing its presence to 17 states and serving 14 of the 15 largest U.S. metropolitan areas.