Wednesday, April 18, 2012

Investopedia: Has Sentiment Improved Faster Than Business At Comerica?

As a bank with a hefty portfolio of business loans in Michigan and one that bought into markets like California, Texas and Florida near the peak, it was not surprising that Comerica (NYSE:CMA) was badly bruised in the crash that followed. Since then, though, this bank has done a very good job of shoring up its capital and moving forward with its plan to be a major player in some of the most attractive banking markets in the country. Unfortunately for shareholders, it seems as though Wall Street's enthusiasm for bank recovery stories has pushed this one a little too far.

Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/Has-Sentiment-Improved-Faster-Than-Business-At-Comerica-CMA-USB-WFC-KEY0418.aspx

No comments: