Comerica Reports Fourth Quarter 2016 Earnings

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Go back to Comerica Reports Fourth Quarter 2016 Earnings

FBR Capital Remains Sidelined on Comerica (CMA) Following 4Q Report

January 17, 2017 2:08 PM EST

FBR Capital reiterated a Market Perform rating and $74.00 price target on Comerica (NYSE: CMA) following the company's 4Q earnings report. EPS of $1.00 was $0.06 above the consensus estimate. The beat was driven by expenses, which were $19M below estimates.

Analyst Bob Ramsey commented, "We reiterate our... More