CMA - Comerica Inc Stock Price, Fair Value and News

50.02USD-0.83 (-1.63%)Market Closed

Market Summary

USD50.02-0.83

Market Closed

-1.63%

CMA Stock Price

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CMA RSI Chart

CMA Valuation

Market Cap

6.6B

Price/Earnings (Trailing)

7.52

Price/Sales (Trailing)

1.59

EV/EBITDA

1.02

Price/Free Cashflow

5.3

CMA Price/Sales (Trailing)

CMA Profitability

EBT Margin

15.59%

Return on Equity

13.75%

Return on Assets

1.03%

Free Cashflow Yield

18.88%

CMA Fundamentals

CMA Revenue

Revenue (TTM)

4.2B

Rev. Growth (Yr)

19.75%

Rev. Growth (Qtr)

-4.9%

CMA Earnings

Earnings (TTM)

881.0M

Earnings Growth (Yr)

-90.57%

Earnings Growth (Qtr)

-86.85%

Breaking Down CMA Revenue

Last 7 days

-8.1%

Last 30 days

1.1%

Last 90 days

-5.1%

Trailing 12 Months

11.1%

How does CMA drawdown profile look like?

CMA Financial Health

Debt/Equity

0.97

Debt/Cashflow

0.2

CMA Investor Care

Dividend Yield

5.68%

Dividend/Share (TTM)

2.84

Shares Dilution (1Y)

0.87%

Diluted EPS (TTM)

6.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	3.2B	3.6B	4.0B	4.2B
2022	1.9B	2.0B	2.3B	2.7B
2021	1.9B	1.9B	1.9B	1.9B
2020	2.7B	2.5B	2.3B	2.1B
2019	2.7B	2.8B	2.9B	2.8B
2018	2.3B	2.5B	2.6B	2.6B
2017	1.9B	2.0B	2.1B	2.3B
2016	1.8B	1.9B	1.9B	1.9B
2015	1.8B	1.8B	1.8B	1.8B
2014	1.8B	1.8B	1.8B	1.8B
2013	1.8B	1.8B	1.8B	1.8B
2012	1.9B	1.9B	1.9B	1.9B
2011	1.8B	1.8B	1.8B	1.8B
2010	0	0	0	1.9B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

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S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Comerica Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 29, 2024	carr james mcgregor	sold (taxes)	-21,171	54.99	-385	executive vice pres.
Feb 26, 2024	farmer curtis c	sold (taxes)	-1,078,170	48.97	-22,017	chairman, president and ceo
Feb 26, 2024	sefzik peter l	sold (taxes)	-249,600	48.97	-5,097	senior evp
Feb 26, 2024	farmer curtis c	acquired	-	-	55,950	chairman, president and ceo
Feb 26, 2024	bailey corey r	sold (taxes)	-78,645	48.97	-1,606	executive vice president
Feb 26, 2024	carr james mcgregor	sold (taxes)	-207,682	48.97	-4,241	executive vice pres.
Feb 26, 2024	bridges wendy	acquired	-	-	1,567	evp
Feb 26, 2024	crespi megan d.	acquired	-	-	10,102	sevp & coo
Feb 26, 2024	ortiz mauricio a	sold (taxes)	-32,516	48.97	-664	evp & chief accounting officer
Feb 26, 2024	burkhart megan d	acquired	-	-	10,327	sevp & chief admin officer

Which funds bought or sold CMA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Sunbelt Securities, Inc.	unchanged	-	-410	27,495	-%
Apr 15, 2024	WEST PACES ADVISORS INC.	unchanged	-	-19.00	1,320	-%
Apr 15, 2024	NorthCrest Asset Manangement, LLC	reduced	-3.09	-80,730	1,708,590	0.06%
Apr 15, 2024	Sound Income Strategies, LLC	unchanged	-	-32.00	2,200	-%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	added	40.52	133,157	479,458	-%
Apr 15, 2024	JANICZEK WEALTH MANAGEMENT, LLC	unchanged	-	-60.00	4,070	-%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	new	-	4,344	4,344	-%
Apr 15, 2024	FIRST CITIZENS BANK & TRUST CO	added	0.78	-1,929	271,540	-%
Apr 15, 2024	ATLAS CAPITAL ADVISORS LLC	unchanged	-	-6.00	384	-%
Apr 15, 2024	CX Institutional	sold off	-100	-204,492	-	-%

Are Funds Buying or Selling CMA?

Are funds buying CMA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CMA

No. of Funds

Unveiling Comerica Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.80%	16,878,129	SC 13G/A
Jan 25, 2024	state street corp	5.43%	7,155,372	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	11,823,218	SC 13G/A
Apr 06, 2023	blackrock inc.	10.1%	13,313,694	SC 13G/A
Feb 09, 2023	vanguard group inc	13.03%	17,061,475	SC 13G/A
Feb 06, 2023	state street corp	5.97%	7,823,905	SC 13G/A
Feb 01, 2023	blackrock inc.	9.3%	12,167,743	SC 13G/A
Feb 10, 2022	state street corp	6.38%	8,368,694	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 09, 2022	vanguard group inc	11.82%	15,504,914	SC 13G/A

Recent SEC filings of Comerica Inc

View All Filings

Date Filed	Form Type	Document
Apr 01, 2024	4	Insider Trading
Mar 28, 2024	DEFA14A	DEFA14A
Mar 13, 2024	DEFA14A	DEFA14A
Mar 11, 2024	ARS	ARS
Mar 11, 2024	DEF 14A	DEF 14A
Mar 11, 2024	DEFA14A	DEFA14A
Mar 05, 2024	8-K	Current Report
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading

Peers (Alternatives to Comerica Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	520.7B	171.1B	-5.00%	29.29%	10.51	3.04	60.72%	31.52%
BAC	273.1B	130.3B	-2.03%	14.22%	10.3	2.1	79.51%	-3.68%
WFC	201.8B	85.7B	-1.91%	36.59%	10.54	2.36	41.49%	39.96%
C	109.0B	133.3B	-1.04%	14.73%	11.81	0.82	79.09%	-
CFG	14.9B	10.2B	-3.22%	6.89%	9.25	1.46	44.53%	-22.43%
KEY	13.3B	7.9B	-1.73%	15.60%	13.74	1.68	46.47%	-49.56%
MID-CAP
CMA	6.6B	4.2B	1.07%	11.08%	7.52	1.59	56.25%	-23.46%
ZION	5.9B	3.9B	-0.70%	27.74%	8.61	1.48	45.91%	-25.03%
ABCB	3.1B	1.3B	-2.61%	28.18%	11.39	2.39	43.24%	-22.35%
ASB	3.0B	2.0B	-1.73%	8.03%	16.43	1.54	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	25.23%	-24.02%
ALRS	394.8M	164.9M	-5.30%	27.06%	33.75	2.39	42.66%	-70.76%
AROW	362.8M	162.6M	-7.63%	-5.80%	12.06	2.23	25.39%	-38.37%
ACNB	270.6M	96.6M	-10.52%	3.61%	8.54	2.8	11.02%	-11.37%
ASRV	41.7M	60.9M	-6.90%	-21.61%	-12.45	0.68	24.06%	-144.92%

Comerica Inc News

Latest updates

Comerica Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.9%	1,049	1,103	1,074	949	876	750	577	469	474	489	479	459	489	484	511	609	659	711	727	710	704
EBITDA Margin	-	0.78*	-	1.07*	1.22*	1.35*	1.37*	1.43*	1.45*	1.46*	1.27*	1.26*	1.25*	1.19*	-	-	-	-	-	-	-	-
Interest Expenses	-2.8%	584	601	621	708	742	707	561	456	461	475	465	443	469	458	471	513	544	586	603	606	614
Income Taxes	-75.0%	19.00	76.00	83.00	85.00	96.00	104	76.00	49.00	61.00	70.00	93.00	98.00	65.00	50.00	28.00	-19.00	82.00	80.00	87.00	85.00	90.00
EBT Margin	-	0.16*	-	0.29*	0.33*	0.39*	0.36*	0.41*	0.43*	0.43*	0.25*	0.25*	0.24*	0.23*	-	-	-	-	-	-	-	-
Net Income	-86.9%	33.00	251	273	324	350	351	261	189	228	262	328	350	221	217	118	-59.00	269	292	298	339	310
Net Income Margin	-29.5%	0.21*	0.30*	0.36*	0.41*	0.43*	0.45*	0.47*	0.53*	0.61*	0.61*	0.58*	0.47*	-	-	-	-	-	-	-	-	-
Free Cashflow	730.3%	1,122	-178	-155	462	597	393	358	-710	429	202	-156	159	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.1%	85,834	85,706	90,761	91,127	85,406	84,143	86,889	89,165	94,616	94,529	88,355	86,291	88,129	83,631	84,397	76,337	73,402	72,848	72,537	70,690	70,818
Cash Equivalents	17.1%	9,502	8,112	10,223	10,734	6,282	5,970	7,533	13,550	22,679	23,589	16,501	14,871	15,767	11,141	13,311	4,855	5,818	4,117	3,581	3,481	4,561
Net PPE	8.5%	445	410	397	399	400	412	422	444	454	447	454	456	459	456	450	454	457	467	470	474	475
Liabilities	-1.6%	79,428	80,734	85,166	85,133	80,225	79,074	80,454	82,129	86,719	86,726	80,424	78,139	80,079	75,757	76,595	68,935	66,075	65,648	65,214	63,281	63,311
Short Term Borrowings	-	3,565	-	-	-	3,211	508	-	-	-	-	-	-	-	10.00	752	2,263	71.00	51.00	1,733	935	44.00
Long Term Debt	2.6%	6,206	6,049	6,961	7,084	3,024	3,016	2,630	2,682	2,796	2,837	2,854	2,852	5,728	5,754	6,521	7,434	7,269	7,311	6,558	6,848	6,463
Shareholder's Equity	28.8%	6,406	4,972	5,595	5,994	5,181	5,069	6,435	7,036	7,897	7,803	7,931	8,152	8,050	7,874	7,802	7,402	7,327	7,200	7,323	7,409	7,507
Retained Earnings	-0.6%	11,727	11,796	11,648	11,476	11,258	11,005	10,752	10,585	10,494	10,366	10,202	9,975	9,727	9,511	9,404	9,389	9,538	9,369	9,176	8,979	8,781
Additional Paid-In Capital	0.2%	2,224	2,220	2,212	2,209	2,220	2,209	2,204	2,194	2,175	2,170	2,163	2,183	2,185	2,179	2,173	2,168	2,174	2,172	2,168	2,159	2,148
Float	-	-	-	5,500	-	-	-	9,500	-	-	-	9,400	-	-	-	5,300	-	-	-	10,700	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	730.3%	1,122,000	-178,000	-155,000	462,000	597,000	393,000	358,000	-710,000	429,000	202,000	-156,000	159,000	208,000	-24,000	45,000	699,000	221,000	444,000	385,000	40,000	649,000
Share Based Compensation	-11.1%	8,000	9,000	7,000	28,000	12,000	9,000	11,000	28,000	5,000	7,000	7,000	22,000	6,000	6,000	4,000	8,000	2,000	5,000	8,000	24,000	7,000
Cashflow From Investing	-41.3%	1,715,000	2,924,000	-139,000	-1,006,000	-1,424,000	-289,000	-5,042,000	-3,197,000	-1,447,000	1,481,000	681,000	1,008,000	28,000	-1,286,000	190,000	-3,534,000	1,096,000	231,000	-1,582,000	-239,000	1,129,000
Cashflow From Financing	70.2%	-1,447,000	-4,857,000	-217,000	4,996,000	1,139,000	-1,667,000	-1,333,000	-5,222,000	108,000	5,405,000	1,105,000	-2,063,000	4,390,000	-860,000	8,221,000	1,872,000	384,000	-139,000	1,297,000	-881,000	-744,000
Dividend Payments	5.4%	97,000	92,000	94,000	88,000	87,000	88,000	89,000	89,000	88,000	91,000	95,000	95,000	93,000	91,000	96,000	95,000	99,000	100,000	104,000	99,000	102,000
Buy Backs	-	1,000	-	1,000	15,000	-	3,000	1,000	39,000	50,000	220,000	451,000	8,000	-	-	-	199,000	152,000	370,000	429,000	443,000	501,000

CMA Income Statement

2023-12-31

Consolidated Statements Of Income - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

INTEREST INCOME

Interest and fees on loans

^[1]

$ 3,340

$ 2,153

$ 1,594

Interest on investment securities

430

414

280

Interest on short-term investments

405

105

Total interest income

4,175

2,672

1,901

INTEREST EXPENSE

Interest on deposits

892

102

Interest on short-term borrowings

391

Interest on medium- and long-term debt

^[1]

378

Total interest expense

1,661

206

Net interest income

2,514

2,466

1,844

Provision for credit losses

(384)

Net interest income after provision for credit losses

2,425

2,406

2,228

NONINTEREST INCOME

Card fees

280

273

298

Fiduciary income

235

233

231

Service charges on deposit accounts

185

195

Commercial lending fees

Foreign Currency Transaction Gain, before Tax

147

154

146

Bank-owned life insurance

Letter of credit fees

Brokerage fees

Securities gains and losses

Risk management hedging (loss) income

(42)

Other noninterest income

Total noninterest income

1,078

1,068

1,123

NONINTEREST EXPENSES

Salaries and benefits expense

1,306

1,208

1,133

Outside processing fee expense

277

251

266

FDIC insurance expense

180

Occupancy expense

171

175

161

Software expense

171

161

155

Equipment expense

Advertising expense

Other noninterest expenses

164

Total noninterest expenses

2,359

1,998

1,861

Income before income taxes

1,144

1,476

1,490

Provision for income taxes

263

325

322

Net Income

881

1,151

1,168

Less income allocated to participating securities

Preferred stock dividends

Net income attributable to common shares

$ 854

$ 1,122

$ 1,140

Basic earnings per common share

$ 6.47

$ 8.56

$ 8.45

Diluted earnings per common share

$ 6.44

$ 8.47

$ 8.35

Cash dividends declared on common stock

$ 375

$ 356

$ 365

Cash dividends declared per common share

$ 2.84

$ 2.72

[1]	Includes the effects of hedging.

CMA Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 1,443	$ 1,758
Interest-bearing deposits with banks	8,059	4,524
Other short-term investments	399	157
Investment Securities, Available-for-sale	16,869	19,012
Commercial loans	27,251	30,909
Real estate construction loans	5,083	3,105
Commercial mortgage loans	13,686	13,306
Lease financing	807	760
International loans	1,102	1,197
Residential mortgage loans	1,889	1,814
Consumer loans	2,295	2,311
Total loans	52,113	53,402
Less allowance for loan losses	(688)	(610)
Net loans	51,425	52,792
Premises and equipment	445	400
Accrued income and other assets	7,194	6,763
Total assets	85,834	85,406
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest-bearing deposits	27,849	39,945
Money market and interest-bearing checking deposits	28,246	26,290
Savings deposits	2,381	3,225
Customer certificates of deposit	3,723	1,762
Other time deposits	4,550	124
Foreign office time deposits	13	51
Total interest-bearing deposits	38,913	31,452
Total deposits	66,762	71,397
Short-term borrowings	3,565	3,211
Accrued expenses and other liabilities	2,895	2,593
Medium- and long-term debt	6,206	3,024
Total liabilities	79,428	80,225
Fixed rate reset non-cumulative perpetual preferred stock, series A, no par value, $100,000 liquidation preference per share: Authorized - 4,000 shares, Issued - 4,000 shares at 12/31/2023 and 12/31/2022	394	394
Common stock - $5 par value: Authorized - 325,000,000 shares; Issued - 228,164,824 shares	1,141	1,141
Capital surplus	2,224	2,220
Accumulated other comprehensive loss	(3,048)	(3,742)
Retained earnings	11,727	11,258
Less cost of common stock in treasury - 96,266,568 shares at 12/31/23 and 97,197,962 shares at 12/31/22	(6,032)	(6,090)
Total shareholders' equity	6,406	5,181
Total liabilities and shareholders' equity	$ 85,834	$ 85,406

About Comerica Inc

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services, as well as payment and card services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination; and various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment offers products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services; and sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, Canada, and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

CEO	Mr. Curtis Chatman Farmer
WEBSITE	comerica.com
INDUSTRY	Banks Diversified
EMPLOYEES	7280

Comerica Inc Frequently Asked Questions

What is the ticker symbol for Comerica Inc? What does CMA stand for in stocks?

CMA is the stock ticker symbol of Comerica Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Comerica Inc (CMA)?

As of Tue Apr 16 2024, market cap of Comerica Inc is 6.63 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CMA stock?

You can check CMA's fair value in chart for subscribers.

What is the fair value of CMA stock?

You can check CMA's fair value in chart for subscribers. The fair value of Comerica Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Comerica Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CMA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Comerica Inc a good stock to buy?

The fair value guage provides a quick view whether CMA is over valued or under valued. Whether Comerica Inc is cheap or expensive depends on the assumptions which impact Comerica Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CMA.

What is Comerica Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, CMA's PE ratio (Price to Earnings) is 7.52 and Price to Sales (PS) ratio is 1.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CMA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Comerica Inc's stock?

In the past 10 years, Comerica Inc has provided 0.032 (multiply by 100 for percentage) rate of return.