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CMA

70.12USD-1.49(-2.08%)Market Closed

Comerica Inc

Market Summary

USD70.12-1.49Market Closed
-2.08%

CMA Alerts

CMA Stock Price

RSI Chart

Valuation

Market Cap

9.3B

Price/Earnings

9.89

Price/Sales

4.1

Price/Cashflow

19.78

Price/Sales

Profitability

Return on Equity

18.54%

Return on Assets

1.12%

Fundamentals

Revenue

Revenue (TTM)

2.3B

Revenue Y/Y

53.37%

Revenue Q/Q

29.98%

Earnings

Earnings (TTM)

940.0M

Earnings Y/Y

-20.43%

Earnings Q/Q

38.1%

Price Action

52 Week Range

64.11100.38
(Low)(High)

Last 7 days

-2.4%

Last 30 days

3.4%

Last 90 days

-13.5%

Trailing 12 Months

-15.0%

Financial Health

Debt/Equity

0.59

Debt/Cashflow

0.16

Investor Care

Dividend Yield

3.83%

Dividend/Share (TTM)

2.72

Buy Backs (1Y)

0.15%

Diluted EPS (TTM)

7.55

Peers (Alternatives to Comerica)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
373.5B
53.2B
6.45% -12.37%
9.57
7.02
-19.87% -18.42%
290.7B
90.7B
-0.03% -18.23%
10.38
3.2
7.11% 1.42%
175.8B
41.7B
-1.37% -3.87%
9.95
4.22
1.39% 3.49%
67.4B
20.1B
3.47% -15.91%
11.79
3.35
15.86% -3.31%
63.7B
15.3B
9.32% -16.26%
9.38
4.55
12.60% -15.83%
13.1B
2.4B
1.36% 54.12%
15.8
6.06
7.09% -15.09%
MID-CAP
10.0B
1.2B
-9.15% 11.32%
20.35
8.17
20.51% 13.63%
8.3B
1.2B
0.20% 1.88%
16.6
7.15
2.17% -28.38%
7.8B
2.3B
6.44% -16.18%
9.03
3.37
0.61% -24.32%
6.3B
1.2B
2.96% -14.10%
11.59
5.89
14.86% 10.25%
2.4B
356.7M
3.05% 13.69%
16.34
6.93
1.80% -6.63%
2.2B
428.0M
0.74% 15.23%
20.03
5.19
-8.68% -46.05%
SMALL-CAP
1.7B
195.6M
1.16% 13.70%
18.49
9.5
12.83% 17.81%
1.6B
637.0M
5.16% -3.64%
7.26
2.7
13.13% 20.37%

Financials for Comerica

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue13.0%2,2702,0091,9111,9011,916
Net Income-6.7%9401,0071,1681,161
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.2%84,14386,88989,16594,61694,529
    Cash Equivalents-20.7%5,9707,53313,55022,67923,589
  Net PPE-2.4%412422444454447
Liabilities-1.7%79,07480,45482,12986,71986,726
  Long Term Debt14.7%3,0162,6302,6822,7962,837
Shareholder's Equity-21.2%5,0696,4357,0367,8977,803
  Retained Earnings2.4%11,00510,75210,58510,49410,366
  Additional Paid-In Capital0.5%2,2042,1942,1752,170-
Accumulated Depreciation-999----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations68.5%470279-235.00634413
  Share Based Compensation3.9%5351474142
Cashflow From Investing-21.6%-9,975.00-8,205.00-2,482.001,7233,198
Cashflow From Financing-678.7%-8,114.00-1,042.001,3964,5558,837
  Dividend Payments-1.7%357363369374
  Buy Backs-70.0%93310760729679

Risks

What is the probability of a big loss on CMA?

64.6%


Probability that Comerica stock will be more than 20% underwater in next one year

47.7%


Probability that Comerica stock will be more than 30% underwater in next one year.

19.6%


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.

Returns

Cumulative Returns on CMA

12.3%


10-Year Cumulative Returns

9.4%


7-Year Cumulative Returns

0.1%


5-Year Cumulative Returns

5%


3-Year Cumulative Returns

What are the long-term rolling returns for CMA?

FIve years rolling returns for Comerica.

Which funds bought or sold CMA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
193
1,000
-%
2022-11-22
CVA Family Office, LLC
REDUCED
-27.27
-1,000
3,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
851,000
851,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-6.27
-1,190,000
11,771,000
0.02%
2022-11-21
FourThought Financial, LLC
REDUCED
-0.74
-11,000
276,000
0.04%
2022-11-17
M&T Bank Corp
ADDED
6.05
35,000
643,000
-%
2022-11-17
CENTRAL TRUST Co
SOLD OFF
-100
-3,000
-
-%
2022-11-17
M Holdings Securities, Inc.
ADDED
0.86
-8,000
307,000
0.03%
2022-11-16
Neo Ivy Capital Management
NEW
-
162,000
162,000
0.43%
2022-11-16
Retirement Systems of Alabama
ADDED
0.24
-92,000
3,089,000
0.01%

1–10 of 46

Latest Funds Activity

Are funds buying CMA calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CMA

Comerica News

Barchart

Stock Investors Await Fed Chair Powell's Speech.4 days ago

GuruFocus.com

CMA Fair Value

Recent SEC filings of Comerica

View All Filings
Date Filed Form Type Document
Nov 18, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 14, 2022
8-K
Current Report
Nov 01, 2022
4
Insider Trading
Oct 28, 2022
10-Q
Quarterly Report
Oct 19, 2022
8-K
Current Report
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for CMA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-16
FARMER CURTIS C
GIFTED
-
-
-7,200
Chairman, President and CEO
2022-11-16
Bridges Wendy
SOLD
-320,495
72.07
-4,447
EVP
2022-11-10
WEBER JAMES HARRY
SOLD
-371,626
74.3253
-5,000
Executive Vice President
2022-10-31
Turner Reginald M JR
SOLD
-11,508.5
71.04
-162
-
2022-10-28
Turner Reginald M JR
ACQUIRED
28,752.7
70.3
409
-
2022-08-15
KANE JACQUELINE P
GIFTED
-
-
-4,426
-
2022-08-11
Sefzik Peter L
SOLD
-610,492
83.7783
-7,287
Executive Vice President
2022-08-11
Sefzik Peter L
ACQUIRED
394,539
54.1429
7,287
Executive Vice President
2022-07-26
Smith Barbara
ACQUIRED
-
-
1,565
-
2022-07-26
TAUBMAN ROBERT S
ACQUIRED
-
-
1,565
-

1–10 of 50

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.

CMA Income Statement

2022-09-30
Consolidated Statements Of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
INTEREST INCOME    
Interest and fees on loans$ 597$ 411$ 1,434$ 1,201
Interest on investment securities11970296209
Interest on short-term investments3486617
Total interest income7504891,7961,427
INTEREST EXPENSE    
Interest on deposits1652417
Interest on short-term borrowings1010
Interest on medium- and long-term debt[1]2694727
Total interest expense43147244
Net interest income7074751,7241,383
Provision for credit losses28(42)27(359)
Net interest income after provision for credit losses6795171,6971,742
NONINTEREST INCOME    
Card fees6772205227
Fiduciary income5858178171
Service charges on deposit accounts5050148145
Derivative income35208672
Commercial lending fees29318176
Bank-owned life insurance12123732
Letter of credit fees10102830
Brokerage fees631411
Other noninterest income11241370
Total noninterest income278280790834
NONINTEREST EXPENSES    
Salaries and benefits expense307282890841
Outside processing fee expense6465188200
Occupancy expense4440122117
Software expense4040120117
Equipment expense12133638
Advertising expense9102425
FDIC insurance expense842417
Other noninterest expenses18115320
Total noninterest expenses5024651,4571,375
Income before income taxes4553321,0301,201
Provision for income taxes10470229261
Net income (loss)351262801940
Less income allocated to participating securities2144
Preferred stock dividends661717
Net income attributable to common shares$ 343$ 255$ 780$ 919
Basic earnings per common share$ 2.63$ 1.92$ 5.96$ 6.75
Diluted earnings per common share$ 2.60$ 1.90$ 5.88$ 6.67
Comprehensive (loss) income$ (1,282)$ 175$ (2,574)$ 669
Cash dividends declared on common stock$ 89$ 89$ 267$ 276
Cash dividends declared per common share$ 0.68$ 0.68$ 2.04$ 2.04
[1]Includes the effects of hedging.

CMA Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Cash and due from banks$ 1,735$ 1,236
Interest-bearing deposits with banks4,23521,443
Other short-term investments159197
Investment securities available-for-sale19,45216,986
Commercial loans30,71329,366
Real estate construction loans2,6172,948
Commercial mortgage loans12,43811,255
Lease financing713640
International loans1,2161,208
Residential mortgage loans1,7531,771
Consumer loans2,2622,097
Total loans51,71249,285
Less allowance for loan losses(576)(588)
Net loans51,13648,697
Premises and equipment412454
Accrued income and other assets7,0145,603
Total assets84,14394,616
LIABILITIES AND SHAREHOLDERS' EQUITY  
Noninterest-bearing deposits42,29645,800
Money market and interest-bearing checking deposits25,66331,349
Savings deposits3,3753,167
Customer certificates of deposit1,6611,973
Foreign office time deposits2150
Total interest-bearing deposits30,72036,539
Total deposits73,01682,339
Short-term borrowings5080
Accrued expenses and other liabilities2,5341,584
Medium- and long-term debt3,0162,796
Total liabilities79,07486,719
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 9/30/2022 and 12/31/2021394394
Common stock - $5 par value: Authorized - 325,000,000 shares; Issued - 228,164,824 shares1,1411,141
Capital surplus2,2092,175
Accumulated other comprehensive loss(3,587)(212)
Retained earnings11,00510,494
Less cost of common stock in treasury - 97,244,273 shares at 9/30/22 and 97,476,872 shares at 12/31/21(6,093)(6,095)
Total shareholders' equity5,0697,897
Total liabilities and shareholders' equity$ 84,143$ 94,616