Comerica Announces Redemption of Preferred Stock Series A

The latest update is out from Comerica ( (CMA) ).

On June 10, 2025, Comerica Incorporated announced its decision to redeem all 4,000 outstanding shares of its 5.625% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, along with the corresponding depositary shares, on July 1, 2025. This strategic move, which follows the satisfaction of all regulatory requirements, will involve a redemption price of $1,000 per depositary share, excluding declared and unpaid dividends, and will be executed through The Depository Trust Company with Computershare Inc. and Computershare Trust Company, N.A. acting as the redemption agent.

The most recent analyst rating on (CMA) stock is a Sell with a $50.00 price target. To see the full list of analyst forecasts on Comerica stock, see the CMA Stock Forecast page.

Spark’s Take on CMA Stock

According to Spark, TipRanks’ AI Analyst, CMA is a Outperform.

Comerica’s strong financial performance and attractive valuation are key strengths, supported by solid cash flow and a stable balance sheet. Technical indicators suggest caution due to potential bearish trends, and earnings call insights reveal resilience despite economic challenges. The positive corporate event further supports a favorable outlook. Overall, CMA is well-positioned, but investors should remain vigilant of market conditions.

To see Spark’s full report on CMA stock, click here.

More about Comerica

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and is strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. It is one of the 25 largest commercial U.S. financial holding companies, with a focus on building relationships and helping people and businesses succeed. Comerica operates banking centers across the U.S., including locations in Arizona, California, Florida, Michigan, and Texas, and has expanded into new regions such as the Southeast Market in North Carolina and the Mountain West Market in Colorado. The company has offices in 15 states and services 13 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico, with reported total assets of $77.6 billion as of March 31, 2025.

Average Trading Volume: 1,800,813

Technical Sentiment Signal: Buy

Current Market Cap: $7.71B

See more insights into CMA stock on TipRanks’ Stock Analysis page.