We have reaffirmed our Neutral recommendation on Comerica Inc. (NYSE:CMA) based on its fundamentals, stress test clearance and the subsequent capital deployment efforts as well as the current economic environment.
Fourth Quarter Results
Comerica Inc. reported fourth-quarter 2011 operating earnings of 60 cents per share. However, the reported earnings included 12 cents per share of merger and restructuring charges related to the acquisition of Sterling Bancshares Inc. After considering this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards