Market Summary
USD41.87-1.31
Market Closed-3.03%
CMA Alerts
CMA Stock Price
CMA RSI Chart
CMA Valuation
CMA Price/Sales (Trailing)
CMA Profitability
CMA Fundamentals
CMA Revenue
CMA Earnings
Price Action
52 Week Range
28.4078.06
(Low)(High)
Last 7 days
-3.7%
Last 30 days
-11.5%
Last 90 days
2.5%
Trailing 12 Months
-45.4%
CMA Financial Health
CMA Investor Care
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Net sales
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Latest Insider Trading transactions for CMA
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-07-25 | Gardner Alan | acquired | - | - | 2,390 | - |
2023-07-25 | KANE JACQUELINE P | acquired | - | - | 2,390 | - |
2023-07-25 | Angulo Arthur G | acquired | - | - | 2,390 | - |
2023-07-25 | Van de Ven Michael G | acquired | - | - | 2,390 | - |
2023-07-25 | Collins Michael E. | acquired | - | - | 2,390 | - |
2023-07-25 | Smith Barbara | acquired | - | - | 2,390 | - |
2023-07-25 | Humrichouse Ximena G | acquired | - | - | 2,390 | - |
2023-07-25 | LINDNER RICHARD G | acquired | - | - | 2,390 | - |
2023-07-25 | TAUBMAN ROBERT S | acquired | - | - | 2,390 | - |
2023-07-25 | Avila Nancy | acquired | - | - | 2,390 | - |
Which funds bought or sold CMA recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 81.00 | 21,881 | 50,451 | 0.01% |
2023-08-23 | Rehmann Capital Advisory Group | added | 22.6 | 83,108 | 507,022 | 0.04% |
2023-08-23 | WOLVERINE TRADING, LLC | reduced | -71.72 | -807,537 | 306,463 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -30.7 | -462,710 | 965,808 | 0.01% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-22 | Asset Dedication, LLC | sold off | -100 | -1,000 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -1.51 | -43,084 | 1,064,440 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -1.65 | -22,000 | 498,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -1.8 | -301,285 | 6,872,740 | 0.01% |
2023-08-21 | VisionPoint Advisory Group, LLC | new | - | 14,402 | 14,402 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
CMA Alerts
Schedule 13G FIlings of Comerica
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | vanguard group inc | 11.82% | 15,504,914 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 9.6% | 12,617,507 | SC 13G/A | |
| Feb 11, 2021 | american century investment management inc | 0.44% | 618,072 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 10.77% | 14,977,562 | SC 13G/A |
Recent SEC filings of Comerica
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 11, 2023 | 8-K | Current Report | |
| Aug 11, 2023 | 8-K | Current Report | |
| Jul 31, 2023 | 3 | Insider Trading | |
| Jul 31, 2023 | 3 | Insider Trading | |
| Jul 31, 2023 | 3 | Insider Trading | |
| Jul 28, 2023 | 3 | Insider Trading | |
| Jul 28, 2023 | 4 | Insider Trading | |
| Jul 27, 2023 | 4 | Insider Trading | |
| Jul 27, 2023 | 3 | Insider Trading | |
| Jul 27, 2023 | 4 | Insider Trading |
Peers (Alternatives to Comerica)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
JPM | 436.6B | 173.2B | -0.79% | 29.18% | 9.13 | 2.52 | 35.92% | 22.61% |
BAC | 227.1B | 110.0B | -2.06% | -15.41% | 7.62 | 2.06 | 51.38% | 6.30% |
WFC | 158.6B | 72.5B | 0.89% | -0.61% | 9.72 | 2.19 | 73.83% | -8.32% |
USB | 52.8B | 25.2B | -6.39% | -22.62% | 9.1 | 2.09 | 79.85% | -14.63% |
PNC | 49.7B | 22.9B | 0.83% | -23.59% | 7.79 | 2.17 | 38.72% | 11.55% |
FHN | 6.1B | 3.5B | -11.71% | -51.31% | 5.45 | 1.72 | 63.30% | 33.69% |
| MID-CAP | ||||||||
CFR | 6.6B | 2.0B | -2.47% | -33.62% | 10.07 | 3.77 | 87.42% | 64.02% |
BOKF | 6.1B | 1.9B | -3.36% | -14.34% | 9.54 | 3.2 | 63.51% | 27.47% |
ZION | 5.2B | 3.4B | 2.23% | -37.84% | 5.94 | 1.52 | 49.65% | 2.44% |
PNFP | 5.1B | 1.9B | -1.50% | -22.08% | 8.13 | 2.65 | 77.79% | 14.10% |
| SMALL-CAP | ||||||||
PRK | 1.6B | 434.3M | -6.36% | -26.52% | 11.14 | 3.6 | 26.93% | -3.25% |
TRMK | 1.3B | 738.4M | -10.92% | -34.59% | 12.53 | 1.76 | 72.51% | -6.48% |
WABC | 1.1B | 270.1M | -6.63% | -23.24% | 7.32 | 4.19 | 51.23% | 68.79% |
HOPE | 1.1B | 919.0M | -6.74% | -37.65% | 5.91 | 1.17 | 55.57% | -16.98% |
Comerica News
Returns for CMA
Cumulative Returns on CMA
3.4%
10-Year Cumulative Returns
1.8%
7-Year Cumulative Returns
-11.6%
5-Year Cumulative Returns
4.5%
3-Year Cumulative Returns
Risks for CMA
What is the probability of a big loss on CMA?
80.8%
Probability that Comerica stock will be more than 20% underwater in next one year
63.9%
Probability that Comerica stock will be more than 30% underwater in next one year.
30.4%
Probability that Comerica stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CMA drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Comerica was unfortunately bought at previous high price.
Drawdowns
Financials for Comerica
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 15.8% | 3,649 | 3,152 | 2,672 | 2,270 | 2,009 | 1,911 | 1,901 | 1,916 | 1,911 | 1,943 | 2,093 | 2,263 | 2,490 | 2,706 | 2,807 | 2,852 | 2,816 | 2,739 | 2,619 | 2,565 | 2,469 |
| Interest Expenses | 2.2% | 2,778 | 2,718 | 2,466 | 2,185 | 1,953 | 1,857 | 1,844 | 1,852 | 1,835 | 1,841 | 1,911 | 1,986 | 2,114 | 2,246 | 2,339 | 2,409 | 2,422 | 2,409 | 2,352 | 2,328 | 2,275 |
| Net Income | 0.9% | 1,298 | 1,286 | 1,151 | 1,029 | 940 | 1,007 | 1,168 | 1,161 | 1,116 | 906 | 497 | 545 | 620 | 800 | 1,198 | 1,239 | 1,265 | 1,293 | 1,235 | 1,251 | 1,159 |
| Net Income Margin | -100.0% | - | 0.41* | 0.43* | 0.45* | 0.47* | 0.53* | 0.61* | 0.61* | 0.58* | 0.46* | 0.24* | 0.24* | 0.25* | 0.30* | 0.43* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 1,810 | 638 | 470 | 279 | -235 | 634 | 413 | 187 | 388 | 928 | 941 | 1,409 | 1,749 | 1,090 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -0.4% | 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 | 71,448 | 71,987 |
| Cash Equivalents | -4.8% | 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 | 5,839 | 5,660 |
| Net PPE | -0.5% | 397 | 399 | 400 | 412 | 422 | 444 | 454 | 447 | 454 | 456 | 459 | 456 | 450 | 454 | 457 | 467 | 470 | 474 | 475 | 472 | 467 |
| Liabilities | 0.0% | 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 | 63,662 | 63,908 |
| Short Term Borrowings | - | - | - | 3,211 | 508 | - | - | - | - | - | - | - | 10.00 | 752 | 2,263 | 71.00 | 51.00 | 1,733 | 935 | 44.00 | 84.00 | 58.00 |
| Long Term Debt | -1.7% | 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 | 6,418 | 5,583 |
| Shareholder's Equity | -6.7% | 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 | 7,786 | 8,079 |
| Retained Earnings | 1.5% | 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 | 8,587 | 8,374 |
| Additional Paid-In Capital | 0.1% | 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 | 2,144 | 2,144 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -28.3% | 1,297 | 1,810 | 638 | 470 | 279 | -235 | 634 | 413 | 187 | 388 | 928 | 941 | 1,409 | 1,749 | 1,090 | 1,518 | 1,427 | 1,298 | 1,616 | 1,202 | 1,049 |
| Share Based Compensation | -6.7% | 56.00 | 60.00 | 60.00 | 53.00 | 51.00 | 47.00 | 41.00 | 42.00 | 41.00 | 38.00 | 24.00 | 20.00 | 19.00 | 23.00 | 39.00 | 44.00 | 46.00 | 48.00 | 48.00 | 51.00 | 49.00 |
| Cashflow From Investing | 63.2% | -2,858 | -7,761 | -9,952 | -9,975 | -8,205 | -2,482 | 1,723 | 3,198 | 431 | -60.00 | -4,602 | -3,534 | -2,017 | -3,789 | -494 | -461 | 51.00 | 1,064 | 1,156 | 93.00 | -443 |
| Cashflow From Financing | 35.6% | 4,251 | 3,135 | -7,083 | -8,114 | -1,042 | 1,396 | 4,555 | 8,837 | 2,572 | 9,688 | 13,623 | 9,617 | 10,338 | 3,414 | 661 | -467 | -1,245 | -3,405 | -1,744 | -1,660 | -577 |
| Dividend Payments | 1.4% | 357 | 352 | 353 | 354 | 357 | 363 | 369 | 374 | 374 | 375 | 375 | 381 | 390 | 398 | 402 | 405 | 362 | 309 | 263 | 213 | 203 |
| Buy Backs | 0% | 19.00 | 19.00 | 43.00 | 93.00 | 310 | 760 | 729 | 679 | 459 | 8.00 | 199 | 351 | 721 | 1,150 | 1,394 | 1,743 | 1,873 | 1,613 | 1,338 | 985 | 632 |
CMA Income Statement
2023-06-30Consolidated Statements Of Comprehensive Income (unaudited) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| INTEREST INCOME | ||||
| Interest and fees on loans | $ 852 | $ 454 | $ 1,629 | $ 837 |
| Interest on investment securities | 108 | 100 | 221 | 177 |
| Interest on short-term investments | 114 | 23 | 173 | 32 |
| Total interest income | 1,074 | 577 | 2,023 | 1,046 |
| INTEREST EXPENSE | ||||
| Interest on deposits | 201 | 4 | 319 | 8 |
| Interest on short-term borrowings | 142 | 0 | 208 | 0 |
| Interest on medium- and long-term debt | 110 | 12 | 167 | 21 |
| Total interest expense | 453 | 16 | 694 | 29 |
| Net interest income | 621 | 561 | 1,329 | 1,017 |
| Provision for credit losses | 33 | 10 | 63 | (1) |
| Net interest income after provision for credit losses | 588 | 551 | 1,266 | 1,018 |
| NONINTEREST INCOME | ||||
| Card fees | 72 | 69 | 141 | 138 |
| Fiduciary income | 62 | 62 | 120 | 120 |
| Service charges on deposit accounts | 47 | 50 | 93 | 98 |
| Capital markets income | 39 | 43 | 78 | 72 |
| Commercial lending fees | 18 | 17 | 36 | 33 |
| Bank-owned life insurance | 14 | 12 | 24 | 25 |
| Letter of credit fees | 11 | 9 | 21 | 18 |
| Brokerage fees | 8 | 4 | 16 | 8 |
| Other noninterest income | 32 | 2 | 56 | 0 |
| Total noninterest income | 303 | 268 | 585 | 512 |
| NONINTEREST EXPENSES | ||||
| Salaries and benefits expense | 306 | 294 | 632 | 583 |
| Outside processing fee expense | 68 | 62 | 132 | 124 |
| Software expense | 43 | 41 | 83 | 80 |
| Occupancy expense | 41 | 40 | 82 | 78 |
| FDIC Insurance expense | 16 | 8 | 29 | 16 |
| Equipment expense | 12 | 13 | 24 | 24 |
| Advertising expense | 10 | 8 | 18 | 15 |
| Other noninterest expenses | 39 | 16 | 86 | 35 |
| Total noninterest expenses | 535 | 482 | 1,086 | 955 |
| Income before income taxes | 356 | 337 | 765 | 575 |
| Provision for income taxes | 83 | 76 | 168 | 125 |
| NET INCOME | 273 | 261 | 597 | 450 |
| Less: | ||||
| Income allocated to participating securities | 2 | 1 | 3 | 2 |
| Preferred stock dividends | 5 | 5 | 11 | 11 |
| Net income attributable to common shares | $ 266 | $ 255 | $ 583 | $ 437 |
| Earnings per common share: | ||||
| Basic (in dollars per share) | $ 2.02 | $ 1.94 | $ 4.43 | $ 3.33 |
| Diluted (in dollars per share) | $ 2.01 | $ 1.92 | $ 4.40 | $ 3.29 |
| Comprehensive (loss) income | $ (312) | $ (520) | $ 583 | $ (1,292) |
| Cash dividends declared on common stock | $ 94 | $ 89 | $ 188 | $ 178 |
| Cash dividends declared per common share (in dollars per share) | $ 0.71 | $ 0.68 | $ 1.42 | $ 1.36 |
CMA Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $ 1,413 | $ 1,758 |
| Interest-bearing deposits with banks | 8,810 | 4,524 |
| Other short-term investments | 389 | 157 |
| Investment securities available-for-sale | 17,415 | 19,012 |
| Commercial loans | 31,745 | 30,909 |
| Real estate construction loans | 3,983 | 3,105 |
| Commercial mortgage loans | 13,851 | 13,306 |
| Lease financing | 756 | 760 |
| International loans | 1,282 | 1,197 |
| Residential mortgage loans | 1,894 | 1,814 |
| Consumer loans | 2,253 | 2,311 |
| Total loans | 55,764 | 53,402 |
| Allowance for loan losses | (684) | (610) |
| Net loans | 55,080 | 52,792 |
| Premises and equipment | 397 | 400 |
| Accrued income and other assets | 7,257 | 6,763 |
| Total assets | 90,761 | 85,406 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Noninterest-bearing deposits | 31,067 | 39,945 |
| Money market and interest-bearing checking deposits | 24,397 | 26,290 |
| Savings deposits | 2,760 | 3,225 |
| Customer certificates of deposit | 2,630 | 1,762 |
| Other time deposits | 5,159 | 124 |
| Foreign office time deposits | 2 | 51 |
| Total interest-bearing deposits | 34,948 | 31,452 |
| Total deposits | 66,015 | 71,397 |
| Short-term borrowings | 9,558 | 3,211 |
| Accrued expenses and other liabilities | 2,632 | 2,593 |
| Medium- and long-term debt | 6,961 | 3,024 |
| Total liabilities | 85,166 | 80,225 |
| Fixed rate reset non-cumulative perpetual preferred stock, series A, no par value, $100,000, liquidation preference per share: Issued - 4,000 shares | 394 | 394 |
| Common stock - $5 par value: Issued - 228,164,824 shares | 1,141 | 1,141 |
| Capital surplus | 2,212 | 2,220 |
| Accumulated other comprehensive loss | (3,756) | (3,742) |
| Retained earnings | 11,648 | 11,258 |
| Less cost of common stock in treasury - 96,449,879 shares at 6/30/2023 and 97,197,962 shares at 12/31/2022 | (6,044) | (6,090) |
| Total shareholders’ equity | 5,595 | 5,181 |
| Total liabilities and shareholders’ equity | $ 90,761 | $ 85,406 |
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It 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 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. This segment also offers 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 provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also 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.