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CMA

CMA - Comerica Inc Stock Price, Fair Value and News

47.77USD+0.46 (+0.97%)Market Closed

Market Summary

CMA
USD47.77+0.46
Market Closed
0.97%

CMA Alerts

  • Big fall in earnings (Y/Y)

CMA Stock Price

View Fullscreen

CMA RSI Chart

CMA Valuation

Market Cap

6.3B

Price/Earnings (Trailing)

9.11

Price/Sales (Trailing)

1.49

EV/EBITDA

2.69

Price/Free Cashflow

10.85

CMA Price/Sales (Trailing)

CMA Profitability

EBT Margin

15.34%

Return on Equity

11.49%

Return on Assets

0.87%

Free Cashflow Yield

9.22%

CMA Fundamentals

CMA Revenue

Revenue (TTM)

4.2B

Rev. Growth (Yr)

7.38%

Rev. Growth (Qtr)

-2.86%

CMA Earnings

Earnings (TTM)

695.0M

Earnings Growth (Yr)

-57.41%

Earnings Growth (Qtr)

318.18%

Breaking Down CMA Revenue

Last 7 days

2.0%

Last 30 days

-10.3%

Last 90 days

-7.5%

Trailing 12 Months

16.9%

How does CMA drawdown profile look like?

CMA Financial Health

Debt/Equity

1.18

Debt/Cashflow

0.08

CMA Investor Care

Dividend Yield

5.95%

Dividend/Share (TTM)

2.84

Shares Dilution (1Y)

0.70%

Diluted EPS (TTM)

5.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.2B000
20233.2B3.6B4.0B4.2B
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
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Tracking the Latest Insider Buys and Sells of Comerica Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 30, 2024
crespi megan d.
sold (taxes)
-6,823
50.17
-136
sevp & coo
Apr 30, 2024
carr james mcgregor
sold (taxes)
-5,970
50.17
-119
executive vice pres.
Apr 24, 2024
mckinney cassandra m.
sold
-382,382
52.59
-7,271
evp
Apr 23, 2024
farmer curtis c
sold (taxes)
-23,161
52.64
-440
chairman, president and ceo
Apr 15, 2024
crespi megan d.
sold (taxes)
-20,289
50.85
-399
sevp & coo
Apr 08, 2024
lindner richard g
acquired
177,676
54.12
3,283
-
Mar 29, 2024
carr james mcgregor
sold (taxes)
-21,171
54.99
-385
executive vice pres.
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

1–10 of 50

Which funds bought or sold CMA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 21, 2024
Abich Financial Wealth Management LLC
added
50.17
16,007
49,381
0.04%
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
0.3
-5,518
50,571
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
new
-
6,000
6,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.76
-38,000
593,000
-%
May 24, 2024
Cetera Investment Advisers
added
52.16
509,778
1,530,770
-%
May 21, 2024
Sanibel Captiva Trust Company, Inc.
sold off
-100
-221,845
-
-%
May 20, 2024
Algebris (UK) Ltd
new
-
23,744,300
23,744,300
4.81%
May 20, 2024
BLUEFIN CAPITAL MANAGEMENT, LLC
sold off
-100
-226,280
-
-%
May 17, 2024
New Covenant Trust Company, N.A.
new
-
5,994
5,994
0.01%
May 16, 2024
Tidal Investments LLC
reduced
-19.91
-75,556
280,735
-%

1–10 of 43

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
Jun 10, 2024
8-K
Current Report
Jun 06, 2024
144
Notice of Insider Sale Intent
Jun 03, 2024
4
Insider Trading
Jun 03, 2024
4/A
Insider Trading
May 28, 2024
11-K
Employee Benefit Details
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
10-Q
Quarterly Report
Apr 26, 2024
4
Insider Trading

Peers (Alternatives to Comerica Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
571.3B
180.9B
-0.94% 40.74%
11.35
3.16
60.42% 19.83%
308.6B
137.9B
-0.75% 41.13%
12.33
2.24
56.12% -12.56%
202.6B
88.5B
-4.61% 41.55%
10.8
2.29
42.28% 26.14%
114.5B
140.1B
-6.10% 28.52%
14.32
0.82
54.53% -
15.8B
10.4B
-3.20% 33.33%
11.05
1.52
26.22% -33.87%
12.8B
8.1B
-9.51% 42.26%
14.67
1.58
32.15% -50.93%
MID-CAP
6.3B
4.2B
-10.31% 16.94%
9.11
1.49
34.68% -45.96%
6.1B
4.1B
-5.85% 52.87%
9.68
1.49
32.93% -30.73%
3.3B
1.3B
-3.65% 43.30%
11.65
2.51
30.60% -12.99%
3.1B
2.0B
-5.50% 27.29%
19.03
1.5
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
411.3M
173.1M
- 21.57%
14.1
2.38
26.54% -34.86%
360.1M
176.1M
-5.50% -0.33%
36.22
2.04
35.14% -73.84%
280.1M
98.7M
1.02% 1.02%
9.52
2.84
6.27% -22.90%
42.4M
62.5M
-9.85% -4.26%
-14.32
0.68
18.83% -145.18%

Comerica Inc News

Latest updates
Defense World34 hours ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.9%1,0191,0491,1031,074949876750577469474489479459489484511609659711727710
EBITDA Margin-6.4%0.73*0.78*0.95*1.07*1.22*1.35*1.37*1.43*1.45*1.46*1.27*1.26*---------
Interest Expenses-6.2%548584601621708742707561456461475465443469458471513544586603606
Income Taxes52.6%29.0019.0076.0083.0085.0096.0010476.0049.0061.0070.0093.0098.0065.0050.0028.00-19.0082.0080.0087.0085.00
EBT Margin-1.6%0.15*0.16*0.26*0.29*0.33*0.39*0.36*0.41*0.43*0.43*0.25*0.25*---------
Net Income318.2%13833.00251273324350351261189228262328350221217118-59.00269292298339
Net Income Margin-22.4%0.16*0.21*0.30*0.36*0.41*0.43*0.45*0.47*0.53*0.61*0.61*0.58*---------
Free Cashflow-118.3%-2051,122-178-155462597393358-710429202-156---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-7.4%79,44485,83485,70690,76191,12785,40684,14386,88989,16594,61694,52988,35586,29188,12983,63184,39776,33773,40272,84872,53770,690
    Cash Equivalents-46.0%5,1359,5028,11210,22310,7346,2825,9707,53313,55022,67923,58916,50114,87115,76711,14113,3114,8555,8184,1173,5813,481
  Net PPE3.8%462445410397399400412422444454447454456459456450454457467470474
Liabilities-7.6%73,39479,42880,73485,16685,13380,22579,07480,45482,12986,71986,72680,42478,13980,07975,75776,59568,93566,07565,64865,21463,281
  Short Term Borrowings-100.0%-3,565---3,211508-------10.007522,26371.0051.001,733935
  Long Term Debt14.7%7,1216,2066,0496,9617,0843,0243,0162,6302,6822,7962,8372,8542,8525,7285,7546,5217,4347,2697,3116,5586,848
Shareholder's Equity-5.6%6,0506,4064,9725,5955,9945,1815,0696,4357,0367,8977,8037,9318,1528,0507,8747,8027,4027,3277,2007,3237,409
  Retained Earnings0.3%11,76511,72711,79611,64811,47611,25811,00510,75210,58510,49410,36610,2029,9759,7279,5119,4049,3899,5389,3699,1768,979
  Additional Paid-In Capital-1.0%2,2022,2242,2202,2122,2092,2202,2092,2042,1942,1752,1702,1632,1832,1852,1792,1732,1682,1742,1722,1682,159
Float----5,500---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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-118.3%-205,0001,122,000-178,000-155,000462,000597,000393,000358,000-710,000429,000202,000-156,000159,000208,000-24,00045,000699,000221,000444,000385,00040,000
  Share Based Compensation237.5%27,0008,0009,0007,00028,00012,0009,00011,00028,0005,0007,0007,00022,0006,0006,0004,0008,0002,0005,0008,00024,000
Cashflow From Investing1.4%1,739,0001,715,0002,924,000-139,000-1,006,000-1,424,000-289,000-5,042,000-3,197,000-1,447,0001,481,000681,0001,008,00028,000-1,286,000190,000-3,534,0001,096,000231,000-1,582,000-239,000
Cashflow From Financing-307.8%-5,901,000-1,447,000-4,857,000-217,0004,996,0001,139,000-1,667,000-1,333,000-5,222,000108,0005,405,0001,105,000-2,063,0004,390,000-860,0008,221,0001,872,000384,000-139,0001,297,000-881,000
  Dividend Payments-5.2%92,00097,00092,00094,00088,00087,00088,00089,00089,00088,00091,00095,00095,00093,00091,00096,00095,00099,000100,000104,00099,000
  Buy Backs1100.0%12,0001,000-1,00015,000-3,0001,00039,00050,000220,000451,0008,000---199,000152,000370,000429,000443,000
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CMA Income Statement

2024-03-31
Consolidated Statements Of Comprehensive Income (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
INTEREST INCOME  
Interest and fees on loans$ 808$ 777
Interest on investment securities102113
Interest on short-term investments10959
Total interest income1,019949
INTEREST EXPENSE  
Interest on deposits317118
Interest on short-term borrowings3766
Interest on medium- and long-term debt[1]11757
Total interest expense471241
Net interest income548708
Provision for credit losses1430
Net interest income after provision for credit losses534678
NONINTEREST INCOME  
Card fees6669
Fiduciary income5158
Service charges on deposit accounts4546
Capital markets income3039
Commercial lending fees1618
Bank-owned life insurance1010
Letter of credit fees1010
Brokerage fees108
Risk management hedging (loss) income(25)8
Other noninterest income2316
Total noninterest income236282
NONINTEREST EXPENSES  
Salaries and benefits expense348326
Outside processing fee expense6864
Software expense4440
Occupancy expense4441
FDIC insurance expense3613
Equipment expense1212
Advertising expense88
Other noninterest expenses4347
Total noninterest expenses603551
Income before income taxes167409
Provision for income taxes2985
NET INCOME138324
Less:  
Income allocated to participating securities11
Preferred stock dividends66
Net income attributable to common shares$ 131$ 317
Earnings per common share:  
Basic (in dollars per share)$ 0.99$ 2.41
Diluted (in dollars per share)$ 0.98$ 2.39
Comprehensive (loss) income$ (271)$ 895
Cash dividends declared on common stock$ 94$ 94
Cash dividends declared per common share (in dollars per share)$ 0.71$ 0.71
[1]
(a) Includes the effects of hedging.

CMA Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and due from banks$ 689$ 1,443
Interest-bearing deposits with banks4,4468,059
Other short-term investments366399
Investment securities available-for-sale16,24616,869
Commercial loans26,01927,251
Real estate construction loans4,5585,083
Commercial mortgage loans14,26613,686
Lease financing793807
International loans1,0701,102
Residential mortgage loans1,8891,889
Consumer loans2,2272,295
Total loans50,82252,113
Allowance for loan losses(691)(688)
Net loans50,13151,425
Premises and equipment462445
Accrued income and other assets7,1047,194
Total assets79,44485,834
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Noninterest-bearing deposits25,83327,849
Money market and interest-bearing checking deposits28,55028,246
Savings deposits2,3422,381
Customer certificates of deposit3,9413,723
Other time deposits2,8944,550
Foreign office time deposits1813
Total interest-bearing deposits37,74538,913
Total deposits63,57866,762
Short-term borrowings03,565
Accrued expenses and other liabilities2,6952,895
Medium- and long-term debt7,1216,206
Total liabilities73,39479,428
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 - $5 par value: Issued - 228,164,824 shares1,1411,141
Capital surplus2,2022,224
Accumulated other comprehensive loss(3,457)(3,048)
Retained earnings11,76511,727
Less cost of common stock in treasury - 95,683,776 shares at 3/31/2024 and 96,266,568 shares at 12/31/2023(5,995)(6,032)
Total shareholders’ equity6,0506,406
Total liabilities and shareholders’ equity$ 79,444$ 85,834
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
 WEBSITEcomerica.com
 INDUSTRYBanks Diversified
 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 Fri Jun 21 2024, market cap of Comerica Inc is 6.33 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 Fri Jun 21 2024, CMA's PE ratio (Price to Earnings) is 9.11 and Price to Sales (PS) ratio is 1.49. 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 0.023 (multiply by 100 for percentage) rate of return.