Comerica Inc (STU:CA3)
€ 68.5 0 (0%) Market Cap: 9.00 Bil Enterprise Value: 9.74 Bil PE Ratio: 18.06 PB Ratio: 1.38 GF Score: 58/100
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Comerica Inc at RBC Capital Markets Global Financial Institutions Conference (Virtual) Transcript

Mar 09, 2021 / 01:40PM GMT
Release Date Price: €59.5 (+1.71%)
Jon Glenn Arfstrom
RBC Capital Markets, Research Division - MD of Financial Services Equity Research & Analyst

All right. Good morning, everyone. I'd like to welcome you to the RBC Capital Markets 25th Annual Financial Institutions Conference. It's many, many years we've been doing this. And just 12 months ago, we were pulling the plug and running this virtually. And here we are, 365 days later, doing the same thing virtually.

And we're just pleased that Comerica is here to kick off the U.S. Banks with us today. We have Jim Herzog and Darlene Persons. Jim is going to run through some slides, and then we'll get into some Q&A, but Jim is a long time finance executive at Comerica, been around for all the changes. He has been there through all of it. Been the CFO just a little over 1.5 years and was Treasurer before that. So if you think back to a year ago, I just -- we'll get into this, but I wonder what Jim was thinking when the 10-year broke 1%. I'm sure that was notable for him. However, a year later, the stock is up, and the stock is also up from January 1, '20. So the company has done

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