Report
Stephen Ellis
EUR 101.80 For Business Accounts Only

Efficiency initiatives and rate hikes are paying off for Comerica.

We believe the time is right for investors to rotate away from rate-sensitive banks into the stocks of companies that depend less on slow macroeconomic changes and more on factors under their own control. We believe Wells Fargo will eventually benefit from both lower expenses and—perhaps surprisingly—more effective sales practices as a result of more thoughtful incentive programs. We think capital return at Citigroup will improve returns on equity. As the U.S. economy strengthens, concerns over ...
Underlying
Comerica Incorporated

Comerica is a financial holding company, engaged in lending to and accepting deposits from businesses and individuals. The company's segments are: Business Bank, which provides commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services and loan syndication services; Retail Bank, which provides consumer lending, consumer deposit gathering and mortgage loan origination; and Wealth Management, which provides products and services consisting of fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Ellis

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