JP Morgan maintains an overweight recommendation for Comerica (CMA) with an average price target representing a 36.96% increase from its latest reported closing price. The company's dividend payout ratio is 0.29, indicating that a portion of its income is paid out in dividends. The dedicated ownership of CMA by institutions decreased by 1.14% in the last three months. Comerica Incorporated is a financial services company headquartered in Dallas, Texas, with three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on building relationships and helping people and businesses succeed. They have locations in multiple states in the US, as well as in Canada and Mexico. Comerica Bank has exceeded its three-year, $5 billion small business lending commitment that was first announced in May 2021. Through the third quarter of 2023, Comerica Bank has achieved 102% of its commitment. The impact of the commitment has supported over 15,000 small businesses across Comerica's entire footprint. Comerica has added over 100 small business bankers, new digital solutions, and innovative small business products and services. The bank has also launched several digital solutions for entrepreneurs, including Comerica Maximize, Comerica Small Business Convenient Capital, and SizeUp by Comerica. Comerica has received national recognition for its innovative products and was named Best in Class for Product Development by Datos Insights. Comerica Bank has offices in 17 states and reported total assets of $85.7 billion as of September 30, 2023. [15ffb507] [852f5d9e] [e3a67eda]