News

Q2 2025 Management View Frank S. Sorrentino, Chairman, President & CEO, highlighted the completion of the First of Long ...
Demand deposit account vs. direct debit authorization Note that direct debit authorization, also commonly abbreviated as “DDA,” is a separate concept from demand deposit accounts.
While demand deposit accounts let you withdraw money at any time, time deposit accounts require a maturity period before you can withdraw funds. The most popular type of timed deposit account is a ...
Non-interest-bearing demand deposits made up 27.4% of the bank’s total deposits at March 31, compared to 29% at March 31, 2024.
Financial services company Comerica (NYSE:CMA) reported in Q2 CY2025, with sales up 3% year on year to $849 million. Its GAAP profit of $1.42 per share was 13.3% above analysts’ consensus estimates.