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Comerica Inc Stock Research

CMA

41.87USD-1.31(-3.03%)Market Closed
Watchlist

Market Summary

USD41.87-1.31
Market Closed
-3.03%

CMA Alerts

  • Big jump in Revenue (Y/Y)

CMA Stock Price

CMA RSI Chart

CMA Valuation

Market Cap

5.1B

Price/Earnings (Trailing)

3.95

Price/Sales (Trailing)

1.61

Price/Free Cashflow

2.81

CMA Price/Sales (Trailing)

CMA Profitability

Return on Equity

21.45%

Return on Assets

1.41%

Free Cashflow Yield

35.63%

CMA Fundamentals

CMA Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

86.14%

Revenue Q/Q

13.17%

CMA Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

4.6%

Earnings Q/Q

-15.74%

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

Debt/Equity

1.18

Debt/Cashflow

0.26

CMA Investor Care

Dividend Yield

6.64%

Dividend/Share (TTM)

2.78

Diluted EPS (TTM)

9.59

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for CMA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold CMA recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Comerica

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
436.6B
173.2B
-0.79% 29.18%
9.13
2.52
35.92% 22.61%
227.1B
110.0B
-2.06% -15.41%
7.62
2.06
51.38% 6.30%
158.6B
72.5B
0.89% -0.61%
9.72
2.19
73.83% -8.32%
52.8B
25.2B
-6.39% -22.62%
9.1
2.09
79.85% -14.63%
49.7B
22.9B
0.83% -23.59%
7.79
2.17
38.72% 11.55%
6.1B
3.5B
-11.71% -51.31%
5.45
1.72
63.30% 33.69%
MID-CAP
6.6B
2.0B
-2.47% -33.62%
10.07
3.77
87.42% 64.02%
6.1B
1.9B
-3.36% -14.34%
9.54
3.2
63.51% 27.47%
5.2B
3.4B
2.23% -37.84%
5.94
1.52
49.65% 2.44%
5.1B
1.9B
-1.50% -22.08%
8.13
2.65
77.79% 14.10%
SMALL-CAP
1.6B
434.3M
-6.36% -26.52%
11.14
3.6
26.93% -3.25%
1.3B
738.4M
-10.92% -34.59%
12.53
1.76
72.51% -6.48%
1.1B
270.1M
-6.63% -23.24%
7.32
4.19
51.23% 68.79%
1.1B
919.0M
-6.74% -37.65%
5.91
1.17
55.57% -16.98%

Comerica News

PR Newswire
SHAREHOLDER ALERT: Levi & Korsinsky Notifies Comerica ....
PR Newswire,
34 minutes ago
Stockhouse Publishing
Marketscreener.com
GlobeNewswire
Best Stocks
InvestorsObserver

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)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue15.8%3,6493,1522,6722,2702,0091,9111,9011,9161,9111,9432,0932,2632,4902,7062,8072,8522,8162,7392,6192,5652,469
Interest Expenses2.2%2,7782,7182,4662,1851,9531,8571,8441,8521,8351,8411,9111,9862,1142,2462,3392,4092,4222,4092,3522,3282,275
Net Income0.9%1,2981,2861,1511,0299401,0071,1681,1611,1169064975456208001,1981,2391,2651,2931,2351,2511,159
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%-1,810638470279-2356344131873889289411,4091,7491,090------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.4%90,76191,12785,40684,14386,88989,16594,61694,52988,35586,29188,12983,63184,39776,33773,40272,84872,53770,69070,81871,44871,987
    Cash Equivalents-4.8%10,22310,7346,2825,9707,53313,55022,67923,58916,50114,87115,76711,14113,3114,8555,8184,1173,5813,4814,5615,8395,660
  Net PPE-0.5%397399400412422444454447454456459456450454457467470474475472467
Liabilities0.0%85,16685,13380,22579,07480,45482,12986,71986,72680,42478,13980,07975,75776,59568,93566,07565,64865,21463,28163,31163,66263,908
  Short Term Borrowings---3,211508-------10.007522,26371.0051.001,73393544.0084.0058.00
  Long Term Debt-1.7%6,9617,0843,0243,0162,6302,6822,7962,8372,8542,8525,7285,7546,5217,4347,2697,3116,5586,8486,4636,4185,583
Shareholder's Equity-6.7%5,5955,9945,1815,0696,4357,0367,8977,8037,9318,1528,0507,8747,8027,4027,3277,2007,3237,4097,5077,7868,079
  Retained Earnings1.5%11,64811,47611,25811,00510,75210,58510,49410,36610,2029,9759,7279,5119,4049,3899,5389,3699,1768,9798,7818,5878,374
  Additional Paid-In Capital0.1%2,2122,2092,2202,2092,2042,1942,1752,1702,1632,1832,1852,1792,1732,1682,1742,1722,1682,1592,1482,1442,144
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-28.3%1,2971,810638470279-2356344131873889289411,4091,7491,0901,5181,4271,2981,6161,2021,049
  Share Based Compensation-6.7%56.0060.0060.0053.0051.0047.0041.0042.0041.0038.0024.0020.0019.0023.0039.0044.0046.0048.0048.0051.0049.00
Cashflow From Investing63.2%-2,858-7,761-9,952-9,975-8,205-2,4821,7233,198431-60.00-4,602-3,534-2,017-3,789-494-46151.001,0641,15693.00-443
Cashflow From Financing35.6%4,2513,135-7,083-8,114-1,0421,3964,5558,8372,5729,68813,6239,61710,3383,414661-467-1,245-3,405-1,744-1,660-577
  Dividend Payments1.4%357352353354357363369374374375375381390398402405362309263213203
  Buy Backs0%19.0019.0043.0093.003107607296794598.001993517211,1501,3941,7431,8731,6131,338985632

CMA Income Statement

2023-06-30
Consolidated Statements Of Comprehensive Income (unaudited) - USD ($)
$ in Millions
3 Months Ended6 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 securities108100221177
Interest on short-term investments1142317332
Total interest income1,0745772,0231,046
INTEREST EXPENSE    
Interest on deposits20143198
Interest on short-term borrowings14202080
Interest on medium- and long-term debt1101216721
Total interest expense4531669429
Net interest income6215611,3291,017
Provision for credit losses331063(1)
Net interest income after provision for credit losses5885511,2661,018
NONINTEREST INCOME    
Card fees7269141138
Fiduciary income6262120120
Service charges on deposit accounts47509398
Capital markets income39437872
Commercial lending fees18173633
Bank-owned life insurance14122425
Letter of credit fees1192118
Brokerage fees84168
Other noninterest income322560
Total noninterest income303268585512
NONINTEREST EXPENSES    
Salaries and benefits expense306294632583
Outside processing fee expense6862132124
Software expense43418380
Occupancy expense41408278
FDIC Insurance expense1682916
Equipment expense12132424
Advertising expense1081815
Other noninterest expenses39168635
Total noninterest expenses5354821,086955
Income before income taxes356337765575
Provision for income taxes8376168125
NET INCOME273261597450
Less:    
Income allocated to participating securities2132
Preferred stock dividends551111
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

2023-06-30
Consolidated 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 banks8,8104,524
Other short-term investments389157
Investment securities available-for-sale17,41519,012
Commercial loans31,74530,909
Real estate construction loans3,9833,105
Commercial mortgage loans13,85113,306
Lease financing756760
International loans1,2821,197
Residential mortgage loans1,8941,814
Consumer loans2,2532,311
Total loans55,76453,402
Allowance for loan losses(684)(610)
Net loans55,08052,792
Premises and equipment397400
Accrued income and other assets7,2576,763
Total assets90,76185,406
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Noninterest-bearing deposits31,06739,945
Money market and interest-bearing checking deposits24,39726,290
Savings deposits2,7603,225
Customer certificates of deposit2,6301,762
Other time deposits5,159124
Foreign office time deposits251
Total interest-bearing deposits34,94831,452
Total deposits66,01571,397
Short-term borrowings9,5583,211
Accrued expenses and other liabilities2,6322,593
Medium- and long-term debt6,9613,024
Total liabilities85,16680,225
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 - $5 par value: Issued - 228,164,824 shares1,1411,141
Capital surplus2,2122,220
Accumulated other comprehensive loss(3,756)(3,742)
Retained earnings11,64811,258
Less cost of common stock in treasury - 96,449,879 shares at 6/30/2023 and 97,197,962 shares at 12/31/2022(6,044)(6,090)
Total shareholders’ equity5,5955,181
Total liabilities and shareholders’ equity$ 90,761$ 85,406
Curtis C. Farmer
7610
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.