Last 7 days
-33.4%
Last 30 days
-41.0%
Last 90 days
-29.6%
Trailing 12 Months
-50.7%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 376.8B | 128.7B | -10.04% | -0.72% | 10 | 2.93 | 5.79% | -22.05% |
BAC | 217.4B | 95.0B | -20.08% | -30.09% | 7.9 | 2.29 | 6.55% | -13.92% |
WFC | 140.5B | 54.0B | -19.28% | -21.00% | 10.66 | 2.6 | 36.10% | -38.82% |
USB | 53.5B | 17.9B | -27.81% | -32.89% | 9.18 | 2.98 | 33.05% | -26.85% |
PNC | 50.3B | 21.1B | -22.32% | -30.61% | 8.23 | 2.38 | 9.94% | 6.78% |
FHN | 8.4B | 2.7B | -36.60% | -31.85% | 9.37 | 3.14 | 24.33% | -9.91% |
MID-CAP | ||||||||
CFR | 6.4B | 1.5B | -19.15% | -23.26% | 11.11 | 4.36 | 46.29% | 30.71% |
BOKF | 6.4B | 1.4B | -15.84% | -11.84% | 12.27 | 4.59 | 17.98% | -15.83% |
PNFP | 4.4B | 1.4B | -29.93% | -40.27% | 7.8 | 3.18 | 33.23% | 6.34% |
ZION | 4.2B | 2.7B | -41.49% | -51.97% | 4.65 | 1.56 | 19.32% | -19.66% |
SMALL-CAP | ||||||||
PRK | 2.1B | 378.2M | -5.46% | -7.67% | 13.94 | 5.47 | 19.24% | -3.63% |
TRMK | 1.6B | 541.8M | -14.17% | -19.11% | 22.59 | 3 | 22.45% | -51.22% |
WABC | 1.4B | 221.8M | -13.82% | -20.18% | 11.1 | 6.11 | 27.86% | 41.07% |
HOPE | 1.2B | 716.1M | -19.52% | -33.30% | 5.53 | 1.69 | 26.40% | 6.70% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 17.7% | 2,672 | 2,270 | 2,009 | 1,911 | 1,901 |
Interest Expenses | 12.9% | 2,466 | 2,185 | 1,953 | 1,857 | 1,844 |
Net Income | 11.9% | 1,151 | 1,029 | 940 | 1,007 | 1,168 |
Net Income Margin | -5.0% | 0.43* | 0.45* | 0.47* | 0.53* | - |
Free Cahsflow | 35.7% | 638 | 470 | 279 | -235 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.5% | 85,406 | 84,143 | 86,889 | 89,165 | 94,616 |
Cash Equivalents | 5.2% | 6,282 | 5,970 | 7,533 | 13,550 | 22,679 |
Net PPE | -2.9% | 400 | 412 | 422 | 444 | 454 |
Liabilities | 1.5% | 80,225 | 79,074 | 80,454 | 82,129 | 86,719 |
. Short Term Borrowings | 532.1% | 3,211 | 508 | - | - | - |
Long Term Debt | 0.3% | 3,024 | 3,016 | 2,630 | 2,682 | 2,796 |
Shareholder's Equity | 2.2% | 5,181 | 5,069 | 6,435 | 7,036 | 7,897 |
Retained Earnings | 2.3% | 11,258 | 11,005 | 10,752 | 10,585 | 10,494 |
Additional Paid-In Capital | 0.5% | 2,220 | 2,209 | 2,204 | 2,194 | 2,175 |
Accumulated Depreciation | - | 999 | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 35.7% | 638 | 470 | 279 | -235 | 634 |
Share Based Compensation | 13.2% | 60.00 | 53.00 | 51.00 | 47.00 | 41.00 |
Cashflow From Investing | 0.2% | -9,952 | -9,975 | -8,205 | -2,482 | 1,723 |
Cashflow From Financing | 12.7% | -7,083 | -8,114 | -1,042 | 1,396 | 4,555 |
Dividend Payments | -0.3% | 353 | 354 | 357 | 363 | 369 |
Buy Backs | -53.8% | 43.00 | 93.00 | 310 | 760 | 729 |
70.4%
53.5%
20%
Y-axis is the maximum loss one would have experienced if Comerica was unfortunately bought at previous high price.
4.7%
5.4%
-11.6%
8.7%
FIve years rolling returns for Comerica.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -73.55 | -72,548,800 | 24,015,200 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -56.26 | -47,492,000 | 33,166,000 | 0.17% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | unchanged | - | -1,842 | 23,158 | 0.01% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 267,000 | 267,000 | 0.22% |
2023-02-28 | Voya Investment Management LLC | added | 2.31 | -122,929 | 3,089,070 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | new | - | 148,273 | 148,273 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | reduced | -0.93 | -831 | 7,169 | -% |
2023-02-24 | NATIXIS | added | 26.19 | 106,597 | 679,597 | -% |
2023-02-22 | IMS Capital Management | new | - | 254,030 | 254,030 | 0.16% |
2023-02-22 | CVA Family Office, LLC | sold off | -100 | -3,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
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 | |
Feb 08, 2021 | state street corp | 5.58% | 7,758,216 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 13, 2023 | ARS | ARS | |
Mar 13, 2023 | DEF 14A | DEF 14A | |
Mar 13, 2023 | DEFA14A | DEFA14A | |
Mar 08, 2023 | 3 | Insider Trading | |
Mar 08, 2023 | 3 | Insider Trading | |
Mar 06, 2023 | 8-K | Current Report | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-02-28 | OBERG JAY K. | acquired | - | - | 6,543 | senior evp, chief risk officer |
2023-02-28 | OBERG JAY K. | sold (taxes) | -199,995 | 70.1 | -2,853 | senior evp, chief risk officer |
2023-02-28 | Sefzik Peter L | sold (taxes) | -185,905 | 70.1 | -2,652 | senior evp |
2023-02-28 | Bridges Wendy | sold (taxes) | -14,650 | 70.1 | -209 | evp |
2023-02-28 | CHAUSSE MELINDA A. | acquired | - | - | 3,521 | senior evp |
2023-02-28 | CARR JAMES MCGREGOR | acquired | - | - | 14,434 | executive vice pres. |
2023-02-28 | FARMER CURTIS C | sold (taxes) | -1,002,990 | 70.1 | -14,308 | chairman, president and ceo |
2023-02-28 | CHAUSSE MELINDA A. | sold (taxes) | -94,284 | 70.1 | -1,345 | senior evp |
2023-02-28 | Bridges Wendy | acquired | - | - | 858 | evp |
2023-02-28 | CARR JAMES MCGREGOR | sold (taxes) | -398,238 | 70.1 | -5,681 | executive vice pres. |
Consolidated Statements Of Income - USD ($) $ in Millions | 12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |||
INTEREST INCOME | |||||
Interest and fees on loans | $ 2,153 | $ 1,594 | $ 1,773 | ||
Interest on investment securities | 414 | 280 | 291 | ||
Interest on short-term investments | 105 | 27 | 29 | ||
Total interest income | 2,672 | 1,901 | 2,093 | ||
INTEREST EXPENSE | |||||
Interest on deposits | 102 | 22 | 101 | ||
Interest on short-term borrowings | 17 | 0 | 1 | ||
Total interest on medium- and long-term debt | [1] | 87 | 35 | 80 | |
Total interest expense | 206 | 57 | 182 | ||
Net interest income | 2,466 | 1,844 | 1,911 | ||
Provision for credit losses | 60 | (384) | 537 | ||
Net interest income after provision for credit losses | 2,406 | 2,228 | 1,374 | ||
NONINTEREST INCOME | |||||
Card fees | 273 | 298 | 270 | ||
Fiduciary income | 233 | 231 | 209 | ||
Service charges on deposit accounts | 195 | 195 | 185 | ||
Commercial lending fees | 109 | 104 | 77 | ||
Derivative income | 109 | 99 | 67 | ||
Bank-owned life insurance | 47 | 43 | 44 | ||
Letter of credit fees | 38 | 40 | 37 | ||
Brokerage fees | 21 | 14 | 21 | ||
Other noninterest income | 43 | 99 | 91 | ||
Total noninterest income | 1,068 | 1,123 | 1,001 | ||
NONINTEREST EXPENSES | |||||
Salaries and benefits expense | 1,208 | 1,133 | 1,019 | ||
Outside processing fee expense | 251 | 266 | 242 | ||
Occupancy expense | 175 | 161 | 156 | ||
Software expense | 161 | 155 | 154 | ||
Equipment expense | 50 | 50 | 49 | ||
Advertising expense | 38 | 35 | 35 | ||
FDIC insurance expense | 31 | 22 | 33 | ||
Other noninterest expenses | 84 | 39 | 66 | ||
Total noninterest expenses | 1,998 | 1,861 | 1,754 | ||
Income before income taxes | 1,476 | 1,490 | 621 | ||
Provision for income taxes | 325 | 322 | 124 | ||
Net Income | 1,151 | 1,168 | 497 | ||
Less income allocated to participating securities | 6 | 5 | 2 | ||
Preferred stock dividends | 23 | 23 | 13 | ||
Net income attributable to common shares | $ 1,122 | $ 1,140 | $ 482 | ||
Basic earnings per common share | $ 8.56 | $ 8.45 | $ 3.45 | ||
Diluted earnings per common share | $ 8.47 | $ 8.35 | $ 3.43 | ||
Cash dividends declared on common stock | $ 356 | $ 365 | $ 378 | ||
Cash dividends declared per common share | $ 2.72 | $ 2.72 | $ 2.72 | ||
|
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
ASSETS | ||
Cash and due from banks | $ 1,758 | $ 1,236 |
Interest-bearing deposits with banks | 4,524 | 21,443 |
Other short-term investments | 157 | 197 |
Investment Securities, Available-for-sale | 19,012 | 16,986 |
Commercial loans | 30,909 | 29,366 |
Real estate construction loans | 3,105 | 2,948 |
Commercial mortgage loans | 13,306 | 11,255 |
Lease financing | 760 | 640 |
International loans | 1,197 | 1,208 |
Residential mortgage loans | 1,814 | 1,771 |
Consumer loans | 2,311 | 2,097 |
Total loans | 53,402 | 49,285 |
Less allowance for loan losses | (610) | (588) |
Net loans | 52,792 | 48,697 |
Premises and equipment | 400 | 454 |
Accrued income and other assets | 6,763 | 5,603 |
Total assets | 85,406 | 94,616 |
LIABILITIES AND SHAREHOLDERS' EQUITY | ||
Noninterest-bearing deposits | 39,945 | 45,800 |
Money market and interest-bearing checking deposits | 26,290 | 31,349 |
Savings deposits | 3,225 | 3,167 |
Customer certificates of deposit | 1,762 | 1,973 |
Other time deposits | 124 | 0 |
Foreign office time deposits | 51 | 50 |
Total interest-bearing deposits | 31,452 | 36,539 |
Total deposits | 71,397 | 82,339 |
Short-term borrowings | 3,211 | 0 |
Accrued expenses and other liabilities | 2,593 | 1,584 |
Total medium- and long-term debt | 3,024 | 2,796 |
Total liabilities | 80,225 | 86,719 |
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 12/31/2022 and 12/31/2021 | 394 | 394 |
Common stock - $5 par value: Authorized - 325,000,000 shares; Issued - 228,164,824 shares | 1,141 | 1,141 |
Capital surplus | 2,220 | 2,175 |
Accumulated other comprehensive loss | (3,742) | (212) |
Retained earnings | 11,258 | 10,494 |
Less cost of common stock in treasury - 97,197,962 shares at 12/31/22 and 97,476,872 shares at 12/31/21 | (6,090) | (6,095) |
Total shareholders' equity | 5,181 | 7,897 |
Total liabilities and shareholders' equity | $ 85,406 | $ 94,616 |