James McGregor Carr, Executive Vice President at Comerica Incorporated (NYSE:CMA), sold 10,000 shares of the company’s common stock on January 22, 2026. These shares were transacted at prices between $98.02 and $98.16 per share, amounting to approximately $980,600 in total proceeds. The sale price was positioned close to Comerica's 52-week high, recorded at $99.41.
Comerica’s equities have demonstrated strong performance over the past year, with a gain of 58.56% and a 45.14% increase in the preceding six months, data from InvestingPro indicate. Following this sale, Carr’s direct holdings in Comerica stock stand at 23,959 shares, which include shares acquired via employee stock plans, reinvested dividends, and restricted stock units as of the transaction date.
Currently, Comerica’s shares trade at a price-to-earnings ratio of 17.69. The bank also maintains a dividend yield of 2.99%, reflecting its history of delivering dividends for 55 consecutive years. InvestingPro’s analysis suggests the stock is modestly overvalued relative to its fair value estimate. For investors seeking in-depth analysis, Comerica's Pro Research Report offers comprehensive metrics and additional ProTips within a database covering over 1,400 U.S. equities.
In corporate developments, Comerica recently reported fourth-quarter earnings that beat analyst estimates. The company posted an adjusted earnings per share (EPS) of $1.46, outperforming the consensus forecast of $1.29 by $0.17. Revenue came in at $850 million, closely matching analyst expectations of $850.16 million.
These financial results precede an ongoing merger with Fifth Third Bancorp announced on October 6, 2025, which is expected to close in the first quarter of 2026. This strategic merger represents a notable shift for Comerica as it moves into a new phase.
The sequence of insider stock selling, robust earnings, and merger activity marks a pivotal period for Comerica and investors monitoring the banking and financial services sectors.