1128 ET - Comerica's management downplayed its M&A approach for the year, both as a buyer and seller, on an earnings call with analysts, Truist analysts Brian Foran and Chris Lian say in a research note. On the sell side, executives said the company is focused on its independence but would need to earn that independence, according to the note. On the buying side, management said the outlook is "murky" given that regulation, the economy and interest rates are all currently in flux, the analysts say. Comeria thinks the next 12 to 18 months might be quiet for deals industrywide, the analysts say. (dean.seal@wsj.com)
(END) Dow Jones Newswires
April 21, 2025 11:28 ET (15:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。