Texas economy rose in December
The Texas economy continued to quicken its pace in December, according to a report of economic activity released by Comerica Bank this morning. The Comerica Bank Index of Texas Economic Activity...
View ArticleComerica raises dividend by half and steps up stock buyback
Comerica Inc. announced Wednesday that it plans to increase its quarterly dividend by 50 percent, up to 15 cents from 10 cents a share previously, and start a yearlong, $375 million stock buyback. The...
View ArticleTexas economy showed gathering strength in January
Texas economic activity index inched upward in January, according to a report by Comerica Bank. Comerica’s Texas Economic Activity Index shows that hiring picked up, the energy sector remained active...
View ArticleComerica Bank stock up as the bank reports net income up 36 percent
Comerica Inc. stock was one of the markets biggest gainers in early trading after the Dallas-based commercial bank reported profit up 36 percent in the first quarter, beating analyst estimates with...
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Texas economy rises slightly in April (updated)
The Texas Economic Activity Index reflects data through April 2012. (Comerica Bank) The Texas economy rose slightly in … [visit site to read more]
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Comerica Bank: Texas economy slips a tiny bit in June
The Texas economy fell by 0.4 percentage points in June to 98.5, according to a new economic index released by Dallas-based Comerica Bank. The Texas Economic Activity Index has averaged 97 points so...
View ArticleComerica Bank’s Texas Economic Activity Index rose in July
Comerica Bank’s Texas Economic Activity Index rose slightly in July, after dipping the previous month, according to the latest report released this week. The index rose 0.5 points to 99. It as...
View ArticleComerica Bank reaps benefit from Detroit Tigers’ playoff run
Comerica Bank is a Dallas company, but it’s getting a ton of exposure on television with the Detroit Tigers’ playoff run. That’s because the bank has the naming rights to the Tigers’ stadium in its...
View ArticleComerica sees 20 percent increase in third-quarter profit
UPDATED to reflect net income attributable to common shares The parent of Comerica Bank reported this morning a nearly 20 percent rise in third-quarter profit. Net income for the three months ending...
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Comerica Bank’s Texas Economic Activity Index declined slightly in August,...
Comerica Bank’s Texas Economic Activity Index dipped 0.3 points in August to 98.7. Most of the index’s seven components improved in August — … [visit site to read more]
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Comerica Bank’s Texas Economic Activity Index rose in October to highest...
Comerica Bank’s Texas Economic Activity Index in October hit its highest level since September 2008 as most areas of the economy improved. It rose above the … [visit site to read more]
View ArticleComerica Bank’s fourth quarter earnings increase on fees, loan growth
Dallas-based Comerica Inc. reported this morning a 35 percent increase in fourth-quarter on higher fees and loan growth. Net income for the three months ending Dec. 31 was $128 million, or 68 cents...
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Comerica Bank’s Texas economic index dipped slightly in January
Comerica Bank’s Texas Economic Activity Index dipped slightly in January, the … [visit site to read more]
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Shred Day: Destroy your old bills, sensitive documents at free event Saturday
Weigh in at Shred Day 2012 (Comerica Bank) If you have old bank statements, invoices and other documents with sensitive information that you’re trying to get rid of, stop by … [visit site to read more]
View ArticleBankers see strength and growth in DFW and Texas
J. Pat Hickman is one happy banker. He is chairman and CEO of Happy State Bank in Amarillo. His bank has been expanding like crazy and in March, the bank opened its first Dallas office on North Dallas...
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Just a blip? Comerica Bank’s index of Texas economic activity cooled in March
Texas’ economic activity cooled in March, reflecting “temporary” declines in home building permits and … [visit site to read more]
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Comerica Bank’s Texas Economic Index flattens
Comerica Bank’s Texas Economic Activity Index continued to … [visit site to read more]
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What do art and the economy have in common? Ask Comerica Bank’s chief economist
Artist Robert A. Dye's Facebook page What do art and the economy have in common? Ask Robert … [visit site to read more]
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Comerica economist: The longer the government shutdown, the longer the Fed...
The longer the federal government shutdown lasts, the less likely the Federal Reserve will taper its stimulus program this month, Robert A. Dye, chief … [visit site to read more]
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Comerica reports increase in third-quarter income
UPDATED 3 p.m. with closing stock price: Comerica shares gained nearly 2.5 percent, or $1.01, to close at $41.58. The parent of Dallas-based Comerica Bank reported this morning a nearly 26 percent...
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Richardson-based EnTouch Controls raises $8.25 million in funding
Richardson startup EnTouch Controls said today it raised … [visit site to read more]
View ArticleComerica Bank reports nearly 12 percent increase in 4Q profit
The parent of Comerica Bank reported this morning net income attributable to common shareholders of $143 million, or 77 cents per share, in the fourth quarter. That’s compared with a net income of...
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Unfavorable jury verdict reduces Comerica’s 4Q and 2013 earnings
UPDATED 8:52 a.m.: The jury verdict was about $52 million against Comerica, the company said. Comerica Inc. visit site to read more]
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Comerica Bank expands its middle market team in Dallas
Dallas-based Comerica Bank is expanding its middle market banking division in the region by hiring nine employees. The bank announced today that the new group will join the bank’s three existing...
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Comerica Inc. awards CEO $6.5 million in compensation last year
Comerica CEO Ralph W. Babb Jr. Comerica Inc. Chairman and CEO Ralph W. Babb Jr.’s compensation package fell to $6.5 million last year, from … [visit site to read more]
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Comerica Bank’s capital plan includes share repurchase of up to $236 million
Dallas-based Comerica Inc. plans to repurchase shares of up to $236 million as part of its 2014 capital plan. The bank announced late yesterday that the Federal Reserve reviewed and did not object to...
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Comerica Bank sets world record on Saturday
The Shred DFW 2014 crew is pictured at the event on Saturday, April 26, 2014. Comerica Bank set another world record this Saturday at local sustainability event … [visit site to read more]
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The DEC’s North Texas Business Pitch contest opens today
Applications are open for the inaugural Dallas Entrepreneur Center‘s $50,000 North Texas Business Pitch contest sponsored by … [visit site to read more]
View ArticleComerica posts 2Q earnings increase
The parent of Comerica Bank said today second-quarter earnings rose 5.7 percent on loan growth, lower expenses and strong credit quality. Net income attributable to common shares was $149 million, or...
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Comerica: Texas Economic Activity Index rose in June for the third straight...
Comerica Bank’s Texas Economic Activity Index rose 1.1 percentage points in June — the third straight monthly increase, the bank reported today. The latest index reading of 111.9 was higher than …...
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Comerica’s $50K North Texas Business Pitch contest announces 10 finalists
A payment app for valet parking to a skin care company are among the 10 finalists for the inaugural $50,000 North Texas Business Pitch competition sponsored by Comerica Bank. The 10 companies will vie...
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