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 strong growth in the business banking segment.
Comerica reported net income of $130 million in the first quarter, or 66 cents per share. That compares to net income of $96 million in fourth quarter 2011 and $103 million in first quarter 2011. Analysts had forecast net income of 55 cents per … [visit site to read more]
