Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
CMA

CMA - Comerica Inc Stock Price, Fair Value and News

49.98USD+0.15 (+0.30%)Market Closed
Watchlist

Market Summary

USD49.98+0.15
Market Closed
0.30%

CMA Alerts

  • 1 major insider sales recently.

CMA Stock Price

View Fullscreen

CMA RSI Chart

CMA Valuation

Market Cap

6.6B

Price/Earnings (Trailing)

5.5

Price/Sales (Trailing)

1.65

EV/EBITDA

1.2

Price/Free Cashflow

9.08

CMA Price/Sales (Trailing)

CMA Profitability

EBT Margin

26.06%

Return on Equity

24.09%

Return on Assets

1.4%

Free Cashflow Yield

11.02%

CMA Fundamentals

CMA Revenue

Revenue (TTM)

4.0B

Rev. Growth (Yr)

47.07%

Rev. Growth (Qtr)

2.7%

CMA Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

-28.49%

Earnings Growth (Qtr)

-8.06%

Breaking Down CMA Revenue

Last 7 days

-2.0%

Last 30 days

-7.0%

Last 90 days

11.3%

Trailing 12 Months

-31.8%

How does CMA drawdown profile look like?

CMA Financial Health

Debt/Equity

1.22

Debt/Cashflow

0.12

CMA Investor Care

Dividend Yield

5.62%

Dividend/Share (TTM)

2.81

Shares Dilution (1Y)

0.70%

Diluted EPS (TTM)

8.82

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.2B3.6B4.0B0
20221.9B2.0B2.3B2.7B
20211.9B1.9B1.9B1.9B
20202.7B2.5B2.3B2.1B
20192.7B2.8B2.9B2.8B
20182.3B2.5B2.6B2.6B
20171.9B2.0B2.1B2.3B
20161.8B1.9B1.9B1.9B
20151.8B1.8B1.8B1.8B
20141.8B1.8B1.8B1.8B
20131.8B1.8B1.8B1.8B
20121.9B1.9B1.9B1.9B
20111.8B1.8B1.8B1.8B
20100001.9B

Tracking the Latest Insider Buys and Sells of Comerica Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 12, 2024
bridges wendy
acquired
31,057
32.97
942
evp
Feb 12, 2024
bridges wendy
sold
-160,012
52.7397
-3,034
evp
Jan 29, 2024
mckinney cassandra m.
sold
-88,293
54.637
-1,616
evp
Jan 26, 2024
hays von e
sold (taxes)
-11,807
54.92
-215
evp and chief legal officer
Jan 26, 2024
carr james mcgregor
sold (taxes)
-22,022
54.92
-401
executive vice pres.
Jan 26, 2024
chausse melinda a.
sold (taxes)
-20,979
54.92
-382
senior evp
Jan 26, 2024
bridges wendy
sold (taxes)
-12,851
54.92
-234
evp
Jan 26, 2024
moore christine m
sold (taxes)
-16,695
54.92
-304
evp and general auditor
Jan 26, 2024
farmer curtis c
sold (taxes)
-160,092
54.92
-2,915
chairman, president and ceo
Jan 26, 2024
mitchell bruce
sold (taxes)
-9,446
54.92
-172
executive vice president

1–10 of 50

Which funds bought or sold CMA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
V-Square Quantitative Management LLC
unchanged
-
61,646
241,267
0.04%
Feb 21, 2024
Raleigh Capital Management Inc.
added
56.00
13,654
26,119
0.01%
Feb 20, 2024
Quarry LP
new
-
25,616
25,616
-%
Feb 16, 2024
BLUEFIN CAPITAL MANAGEMENT, LLC
new
-
226,280
226,280
0.02%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-
2,563,000
10,033,000
-%
Feb 16, 2024
Sanibel Captiva Trust Company, Inc.
new
-
221,845
221,845
0.01%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
unchanged
-
22,259
87,119
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
2.81
848,298
3,075,300
0.01%
Feb 15, 2024
Silver Coast Investments LLC
new
-
325,094
325,094
0.15%
Feb 15, 2024
Legal & General Group Plc
reduced
-4.49
3,809,470
17,274,700
-%

1–10 of 41

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Feb 15, 2024
8-K
Current Report
Feb 14, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
144
Notice of Insider Sale Intent
Feb 12, 2024
S-3ASR
S-3ASR
Jan 31, 2024
4
Insider Trading
Jan 30, 2024
3
Insider Trading
Jan 30, 2024
4
Insider Trading
Jan 30, 2024
8-K
Current Report
Jan 29, 2024
4
Insider Trading

What is the Fair Value of CMA?

Loading...
Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Comerica Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
535.9B
171.1B
5.90% 26.94%
10.82
3.13
20.20% 31.52%
269.2B
130.3B
3.93% -3.57%
10.15
2.07
37.19% -3.68%
190.9B
85.7B
9.51% 9.26%
9.97
2.23
6.67% 45.21%
107.6B
123.5B
4.24% 9.46%
7.92
0.87
87.95% -
14.3B
10.2B
-0.25% -26.81%
8.87
1.4
44.53% -22.43%
13.2B
7.9B
-0.92% -26.80%
13.62
1.66
46.47% -49.56%
MID-CAP
6.6B
4.0B
-6.97% -31.81%
5.5
1.65
76.30% 16.42%
5.9B
3.7B
-3.49% -22.00%
7.01
1.57
53.61% 0.24%
3.2B
1.2B
-6.58% -2.15%
11.11
2.6
53.00% -17.58%
3.1B
2.0B
-0.43% -11.81%
17.04
1.59
57.95% -50.03%
SMALL-CAP
464.9M
115.7M
-3.25% 30.73%
15.44
4.02
24.10% -20.09%
429.5M
156.0M
8.55% 14.87%
11.5
2.75
42.01% -10.62%
412.9M
154.1M
-6.13% -21.03%
11.99
2.68
26.24% -26.76%
305.0M
96.3M
-14.53% -2.37%
8.07
3.17
19.08% 25.77%
49.2M
58.7M
-7.62% -26.88%
16.84
0.84
25.03% -65.02%

Comerica Inc News

Latest updates
MarketWatch13 hours ago
InvestorsObserver15 Feb 202408:09 pm
Yahoo Finance15 Feb 202407:04 am
CNN09 Feb 202410:49 am

Comerica Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue2.7%1,1031,074949876750577469474489479459489484511609659711727710704675
EBITDA Margin-11.4%0.95*1.07*1.22*1.35*1.37*1.43*1.45*1.46*1.27*1.26*1.25*1.19*---------
Interest Expenses-3.2%601621708742707561456461475465443469458471513544586603606614599
Income Taxes-8.4%76.0083.0085.0096.0010476.0049.0061.0070.0093.0098.0065.0050.0028.00-19.0082.0080.0087.0085.0090.0063.00
EBT Margin-8.8%0.26*0.29*0.33*0.39*0.36*0.41*0.43*0.43*0.25*0.25*0.24*0.23*---------
Net Income-8.1%251273324350351261189228262328350221217118-59.00269292298339310318
Net Income Margin-15.8%0.30*0.36*0.41*0.43*0.45*0.47*0.53*0.61*0.61*0.58*0.47*0.24*---------
Free Cashflow-14.8%-178-155462597393358-710429202-156159208---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-5.6%85,70690,76191,12785,40684,14386,88989,16594,61694,52988,35586,29188,12983,63184,39776,33773,40272,84872,53770,69070,81871,448
    Cash Equivalents-20.6%8,11210,22310,7346,2825,9707,53313,55022,67923,58916,50114,87115,76711,14113,3114,8555,8184,1173,5813,4814,5615,839
  Net PPE3.3%410397399400412422444454447454456459456450454457467470474475472
Liabilities-5.2%80,73485,16685,13380,22579,07480,45482,12986,71986,72680,42478,13980,07975,75776,59568,93566,07565,64865,21463,28163,31163,662
  Short Term Borrowings----3,211508-------10.007522,26371.0051.001,733935-84.00
  Long Term Debt-13.1%6,0496,9617,0843,0243,0162,6302,6822,7962,8372,8542,8525,7285,7546,5217,4347,2697,3116,5586,8486,4636,418
Shareholder's Equity-11.1%4,9725,5955,9945,1815,0696,4357,0367,8977,8037,9318,1528,0507,8747,8027,4027,3277,2007,3237,4097,5077,786
  Retained Earnings1.3%11,79611,64811,47611,25811,00510,75210,58510,49410,36610,2029,9759,7279,5119,4049,3899,5389,3699,1768,9798,7818,587
  Additional Paid-In Capital0.4%2,2202,2122,2092,2202,2092,2042,1942,1752,1702,1632,1832,1852,1792,1732,1682,1742,1722,1682,1592,1482,144
Float------9,500---9,400---5,300---10,700---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-14.8%-178,000-155,000462,000597,000393,000358,000-710,000429,000202,000-156,000159,000208,000-24,00045,000699,000221,000444,000385,00040,000649,000353,000
  Share Based Compensation28.6%9,0007,00028,00012,0009,00011,00028,0005,0007,0007,00022,0006,0006,0004,0008,0002,0005,0008,00024,0007,0007,000
Cashflow From Investing2203.6%2,924,000-139,000-1,006,000-1,424,000-289,000-5,042,000-3,197,000-1,447,0001,481,000681,0001,008,00028,000-1,286,000190,000-3,534,0001,096,000231,000-1,582,000-239,0001,129,000743,000
Cashflow From Financing-2138.2%-4,857,000-217,0004,996,0001,139,000-1,667,000-1,333,000-5,222,000108,0005,405,0001,105,000-2,063,0004,390,000-860,0008,221,0001,872,000384,000-139,0001,297,000-881,000-744,000-917,000
  Dividend Payments-2.1%92,00094,00088,00087,00088,00089,00089,00088,00091,00095,00095,00093,00091,00096,00095,00099,000100,000104,00099,000102,00057,000
  Buy Backs-100.0%-1,00015,000-3,0001,00039,00050,000220,000451,0008,000---199,000152,000370,000429,000443,000501,000500,000

CMA Income Statement

2023-09-30
Consolidated Statements Of Comprehensive Income (unaudited) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
INTEREST INCOME    
Interest and fees on loans$ 862$ 597$ 2,491$ 1,434
Interest on investment securities105119326296
Interest on short-term investments1363430966
Total interest income1,1037503,1261,796
INTEREST EXPENSE    
Interest on deposits2711659024
Interest on short-term borrowings12513331
Interest on medium- and long-term debt1062627347
Total interest expense502431,19672
Net interest income6017071,9301,724
Provision for credit losses14287727
Net interest income after provision for credit losses5876791,8531,697
NONINTEREST INCOME    
Card fees7167212205
Fiduciary income5958179178
Service charges on deposit accounts4750140148
Capital markets income3548113120
Commercial lending fees19175550
Bank-owned life insurance12123637
Letter of credit fees10103128
Brokerage fees662214
Other noninterest income36109210
Total noninterest income295278880790
NONINTEREST EXPENSES    
Salaries and benefits expense315307947890
Outside processing fee expense7564207188
Software expense4440127120
Occupancy expense4444126122
FDIC Insurance expense1984824
Equipment expense12123636
Advertising expense1293024
Other noninterest expenses341812053
Total noninterest expenses5555021,6411,457
Income before income taxes3274551,0921,030
Provision for income taxes76104244229
NET INCOME251351848801
Less:    
Income allocated to participating securities1244
Preferred stock dividends661717
Net income attributable to common shares$ 244$ 343$ 827$ 780
Earnings per common share:    
Basic (in dollars per share)$ 1.85$ 2.63$ 6.27$ 5.96
Diluted (in dollars per share)$ 1.84$ 2.60$ 6.24$ 5.88
Comprehensive (loss) income$ (533)$ (1,282)$ 50$ (2,574)
Cash dividends declared on common stock$ 94$ 89$ 282$ 267
Cash dividends declared per common share (in dollars per share)$ 0.71$ 0.68$ 2.13$ 2.04

CMA Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
ASSETS  
Cash and due from banks$ 1,228$ 1,758
Interest-bearing deposits with banks6,8844,524
Other short-term investments403157
Investment securities available-for-sale16,32319,012
Commercial loans29,00730,909
Real estate construction loans4,5453,105
Commercial mortgage loans13,72113,306
Lease financing790760
International loans1,1941,197
Residential mortgage loans1,9051,814
Consumer loans2,2362,311
Total loans53,39853,402
Allowance for loan losses(694)(610)
Net loans52,70452,792
Premises and equipment410400
Accrued income and other assets7,7546,763
Total assets85,70685,406
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Noninterest-bearing deposits29,92239,945
Money market and interest-bearing checking deposits26,29826,290
Savings deposits2,5213,225
Customer certificates of deposit3,4011,762
Other time deposits5,011124
Foreign office time deposits551
Total interest-bearing deposits37,23631,452
Total deposits67,15871,397
Short-term borrowings4,8123,211
Accrued expenses and other liabilities2,7152,593
Medium- and long-term debt6,0493,024
Total liabilities80,73480,225
Fixed rate reset non-cumulative perpetual preferred stock, series A, no par value, $100,000, liquidation preference per share: Issued - 4,000 shares394394
Common stock - $5 par value: Issued - 228,164,824 shares1,1411,141
Capital surplus2,2202,220
Accumulated other comprehensive loss(4,540)(3,742)
Retained earnings11,79611,258
Less cost of common stock in treasury - 96,374,736 shares at 9/30/2023 and 97,197,962 shares at 12/31/2022(6,039)(6,090)
Total shareholders’ equity4,9725,181
Total liabilities and shareholders’ equity$ 85,706$ 85,406
CMA
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
 WEBSITEwww.comerica.com
 EMPLOYEES7280

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 Thu Feb 22 2024, market cap of Comerica Inc is 6.59 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 Thu Feb 22 2024, CMA's PE ratio (Price to Earnings) is 5.5 and Price to Sales (PS) ratio is 1.65. 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 0.034 (multiply by 100 for percentage) rate of return.