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Comerica set to close 16 bank branches in Michigan – Mayo has called for a change in the CEO leadership or a sale of the bank. Comerica has faced challenges after plunging oil and gas prices hurt its energy loan portfolio. Wall Street approved of.
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Here’s Why Comerica Shares Lost 15.8% in March — The. – · What happened. Shares of Comerica fell 15.8% in March, according to data from S&P global market intelligence, as a pair of analysts called a top for.
Comerica Incorporated Q4 2008 Earnings Call Transcript – The allowance for loan losses was 1.52% of total loans, an increase of 14 basis points from the third quarter. The allowance for loan losses increased to 84% of nonperforming loans. Comerica’s.
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Comerica buys Imperial Bank, enters Sacramento market – It will make Comerica the fourth-largest bank in the state, behind Wells Fargo, Union Bank of California and Bank of America. Comerica had planned to open a loan production office. cash management.
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