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KBW Believes Comerica Will Deploy Excess Capital
Thursday, December 16, 2010 - 8:58am | 97KBW is out with its report on Comerica (NYSE: CMA) after lowering CMA's rating to Market Perform from Outperform. In a note to clients, KBW writes, "We continue to believe that CMA will be able to deploy its excess capital, as we have already seen from the dividend increase and reauthorization of...
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Keefe Downgrades Comerica To Market Perform
Thursday, December 16, 2010 - 8:34am | 26Keefe Bruyette & Woods has downgraded Comerica Inc. (NYSE: CMA) from Outperform to Market Perform with a $44 price target.
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Oppenheimer Reiterates Comerica Rating And PT
Wednesday, November 17, 2010 - 10:40am | 108Comerica Incorporated's (NYSE: CMA) unique capital base, which is already free of TARP and TruPS, stacks up favorably to its peers' as have the company's credit trends since the beginning of the recent recession, Oppenheimer reports. “Clearly the financial health of Comerica and quite possibly its...
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Citigroup's US Banks Summary
Monday, October 11, 2010 - 7:17am | 280Citigroup has published a research report on U.S. Banks following 3Q results. In the report, Citigroup writes "While we continue to see downside to 2011 EPS estimates for the large cap banks, we expect bank stocks can outperform in near term as we see our banks either meeting or exceeding 3Q...
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Deutsche's Question Bank September 2010
Wednesday, September 8, 2010 - 8:13am | 462Deutsche Bank has posed some key questions currently facing banks: 1. With NII/NIMs being pressured by continued declines in interest rates, how will banks increase/maintain revenues? 2. After being net sellers of securities in 2Q, the largest US banks have been net buyers of securities so far in...
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Snap Commentaries From Oppenheimer
Thursday, September 2, 2010 - 11:02am | 460Oppenheimer published these commentaries focusing on energy, technology, healthcare, financial institutions, and consumer & business services. Energy: ExxonMobil Corporation (NYSE: XOM) expects natural gas prices in North American to remain depressed for the next two years, refining margins...
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Heavy Put Action in Comerica
Tuesday, May 4, 2010 - 12:52pm | 84Comerica (NYSE: CMA), a regional bank, is receiving a plethora of put activity today. I am detecting 5,000 of the May $42.50 puts traded in addition to 5,000 July $40/35 put spreads. This action is largely bearish and has pushed Comerica’s put/call ratio to 16x its norm. Given the 50 and 200-day...