Comerica Incorporated (CMA)
- Previous Close
52.61 - Open
52.58 - Bid --
- Ask --
- Day's Range
52.10 - 53.27 - 52 Week Range
28.40 - 57.39 - Volume
1,588,094 - Avg. Volume
2,116,856 - Market Cap (intraday)
6.974B - Beta (5Y Monthly) 1.28
- PE Ratio (TTM)
10.47 - EPS (TTM)
5.03 - Earnings Date Jul 19, 2024
- Forward Dividend & Yield 2.84 (5.40%)
- Ex-Dividend Date Jun 14, 2024
- 1y Target Est
59.28
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, payment solutions, card services, 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; and various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment offers products and services comprising financial planning, trust and fiduciary services, investment management and advisory, brokerage, private banking, and business transition planning services for affluents, high-net worth and ultra-high-net-worth individuals and families, business owners, and executives, and institutional clients. The Finance segment comprises securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, and Florida, the United States; and 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.
www.comerica.com7,619
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: CMA
Performance Overview: CMA
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: CMA
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: CMA
Valuation Measures
Market Cap
6.97B
Enterprise Value
--
Trailing P/E
10.47
Forward P/E
9.53
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.07
Price/Book (mrq)
1.23
Enterprise Value/Revenue
--
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
20.98%
Return on Assets (ttm)
0.82%
Return on Equity (ttm)
11.54%
Revenue (ttm)
3.31B
Net Income Avi to Common (ttm)
668M
Diluted EPS (ttm)
5.03
Balance Sheet and Cash Flow
Total Cash (mrq)
5.14B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: CMA
Company Insights: CMA
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: CMA
Analyst Report: Comerica Incorporated
Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.
RatingPrice TargetMorningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
In this edition, obesity drug's effect on dialysis may be muted; looking at the upcoming commercial real estate cycle; and taking the US economic pulse; and Amcor PLC, Sinopharm Group, and Hennes & Mauritz.
The Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.
Analyst Report: Comerica Incorporated
Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.
RatingPrice Target