Comerica: Best Regional Bank Dividend

This is a US news story, published by Yahoo Finance, that relates primarily to Comerica Incorporated news.

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Comerica Incorporated (CMA): One of the Best Regional Bank Dividend Stocks to Buy

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The year 2024 proved to be a strong one for major US banks, with the six largest institutions collectively reporting a 20% increase in net profits compared to the previous year .

The banking sector remains a favorite among investors as it ranks among the top two sectors for dividend payments.

Comerica Incorporated ( NYSE : CMA ) is an American financial services company, headquartered in Texas .

Comerica Incorporated ( NYSE :CMA) observed continued strength in deposit trends, marked by an increase in customer balances.

The bank has a three-year transition period for the Direct Express program, which has the potential to boost core deposits, although it will also come with additional costs.

CMA ranks 4th on our list of the best dividend stocks from the regional banking sector.

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