Zions, Comerica foresee turnaround on loan growth in late 2024 [Yahoo! Finance]
Comerica Incorporated (CMA)
Last comerica incorporated earnings: 4/21 06:34 am
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Source: Yahoo! Finance
after a period when high interest rates and economic uncertainty muted the appetite for borrowing. In their quarterly earnings calls, executives at the two companies laid out the case for bullishness in spite of recent loan trends. At Salt Lake City, Utah-based Zions , bankers are beginning to hear more about customers' interest in borrowing, though that increase isn't yet translating into loan growth. During Zions' first-quarter earnings call on Monday, Chief Financial Officer Ryan Richards said that customers' outlook about the economy's resilience is much brighter than it was six to nine months ago. "Loan demand seems to have turned a corner of sorts this quarter with pipelines recovering somewhat from low levels late last year and improving customer sentiment," said Zions Chairman and CEO Harris Simmons. "Our true success will depend on our ability to grow our customer base, and we continue to place an emphasis on granular growth of small business customers." The $87 bil
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News
- Comerica Bank Appoints Floyd Kessler New Executive Vice President, Chief Business Risk and Controls Officer [Yahoo! Finance]Yahoo! Finance
- Comerica Bank Appoints Floyd Kessler New Executive Vice President, Chief Business Risk and Controls OfficerPR Newswire
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- Comerica Bank, Network for Teaching Entrepreneurship Launch National Partnership [Yahoo! Finance]Yahoo! Finance
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CMA
Earnings
- 4/18/24 - Miss
CMA
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 4/26/24 - Form 8-K
- CMA's page on the SEC website