Comerica Inc – ReportWire

Regional banks will dominate rest of earnings season this week. Here’s what analysts expect

[ad_1] Investors will parse through regional bank results this week to deliberate how to trade a sector that has been weighed down by the prospect of...

Banking1 year ago

These regional banks are at greatest risk of being taken over by rivals, according to KBW

[ad_1] A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images A trio of regional banks face increasing pressure...

Business1 year ago

Stocks making the biggest moves after hours: SolarEdge, Knight-Swift Transportation and more

[ad_1] Check out the companies making headlines in after-hours trading. SolarEdge — Shares plunged 20% after the solar company lowered its third-quarter revenue guidance to between...

Business1 year ago

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans

[ad_1] Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in...

Banking1 year ago

These regional banks are at risk of being booted from the S&P 500

[ad_1] A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images The stock sell-off that hit regional banks this...

Banking2 years ago

Regional bank yields have fallen but plenty are still paying more than 4%

[ad_1] Back in April and May, investors saw juicy yields on regional bank stocks, some paying twice the rate on the 10-year Treasury note but wondered...

Banking2 years ago

PacWest stock jumps 80% as regional banks rebound on Friday, but still down sharply for the week

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE), May 3, 2023. Brendan McDermid | Reuters Stock Chart IconStock chart icon PacWest’s...

Banking2 years ago

JPMorgan upgrades 3 regional bank stocks to ‘buy’ in bold move against short sellers

[ad_1] JPMorgan made a bold call on Friday, upgrading three regional banks despite a renewed rout in the sector this week that the investment bank says...

Breaking News2 years ago

10 dividend stocks yielding at least 4.5% that are rated ‘buy’ by most analysts

[ad_1] During a period of high interest rates, it might be more difficult to impress investors with dividend stocks. But the stocks can have an important...

Business2 years ago

JPMorgan downgrades this regional bank stock ahead of earnings

[ad_1] JPMorgan is moving to the sidelines on Comerica ahead of its first earnings announcement following the banking sector crisis. The bank lowered its rating on...

Banking2 years ago

UBS sees a rally in these bank stocks ahead as bank crisis appears contained

[ad_1] Several bank stocks appear ready to rebound in April as the failure of Silicon Valley Bank fades from investors’ minds, according to UBS. The latest...

Banking2 years ago

Wall Street is confident high-yielding banks won’t cut their dividends

[ad_1] Forget about Treasury bills or certificates of deposit. Just look at the fat dividend yields now on offer among regional banks after the March meltdown...

Breaking News2 years ago

First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses

[ad_1] Shares of regional banks posted big gains on Tuesday as they regained their footing after huge losses in the previous session, but volatility continued in...

Breaking News2 years ago

Western Alliance and First Republic clobbered as regional bank jitters persist despite Fed backstops

[ad_1] Trading in shares of First Republic Bank and Western Alliance Bancorp ended sharply lower in a tough day of trading for regional banks as fears...

Business2 years ago

S&P 500, Nasdaq post worst day in month after strong data fuels worry about Fed rate hikes

[ad_1] The S&P 500 and Nasdaq Composite indexes recorded their worst day in almost a month on Monday, after a hotter-than-expected U.S. services-sector reading fueled concerns...

Banking2 years ago

Bank stock Comerica can jump more than 20% from current levels, Raymond James says in upgrade

[ad_1] It may be time to buy Comerica after its recent stock underperformance, according to Raymond James. Analyst Michael Rose upgraded shares to outperform from market...