Comerica Incorporated (NYSE:
CMA), together with its subsidiaries, a company that provides financial services in the United States, Canada, and Mexico reported her first quarter 2025 earnings results today before the bell.
The results are available on the Investor Relations section of Comerica's website: c212.net/c/link/?t=0&l=en&o=4408625-1&h=3980645141&u=https://investor.comerica.com/investor-overview&a=here
Technical Outlook
Prior the earnings, shares of Comerica Incorporated (NYSE:
CMA) are up 1.28% in Monday's premarket session. The asset is trading in tandem with the support point of $52, a break above the 38.2% Fib level could set the pace for a bullish reversal albeit the stock was already consolidating as hinted by the RSI at 46.
Financial Performance
In 2024, Comerica's revenue was $3.20 billion, a decrease of -8.79% compared to the previous year's $3.50 billion. Earnings were $671.00 million, a decrease of -21.43%.
Analyst Forecast
According to 21 analysts, the average rating for CMA stock is "Hold." The 12-month stock price forecast is $67.43, which is an increase of 27.35% from the latest price.
The results are available on the Investor Relations section of Comerica's website: c212.net/c/link/?t=0&l=en&o=4408625-1&h=3980645141&u=https://investor.comerica.com/investor-overview&a=here
Technical Outlook
Prior the earnings, shares of Comerica Incorporated (NYSE:
Financial Performance
In 2024, Comerica's revenue was $3.20 billion, a decrease of -8.79% compared to the previous year's $3.50 billion. Earnings were $671.00 million, a decrease of -21.43%.
Analyst Forecast
According to 21 analysts, the average rating for CMA stock is "Hold." The 12-month stock price forecast is $67.43, which is an increase of 27.35% from the latest price.
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