- Comerica reports second-quarter earnings of 73 cents a share, beating the consensus estimate of 62 cents.
- Average commercial loans grew 5% during the second quarter.
- Net interest margin declined to 3.10% from 3.19% the previous quarter.
The $53 level could be the start of a rally to the mid-$70s.
Comerica (CMA) on Tuesday reported third-quarter earnings and revenue that topped analysts' forecasts.