CMA - Comerica Inc Stock Price, Fair Value and News

53.57USD+0.22 (+0.41%)Market Closed

Market Summary

USD53.57+0.22

Market Closed

0.41%

CMA Alerts

1 major insider sales recently.

Big fall in earnings (Y/Y)

CMA Stock Price

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CMA RSI Chart

CMA Valuation

Market Cap

7.1B

Price/Earnings (Trailing)

10.18

Price/Sales (Trailing)

1.67

EV/EBITDA

2.93

Price/Free Cashflow

12.11

CMA Price/Sales (Trailing)

CMA Profitability

EBT Margin

15.34%

Return on Equity

11.49%

Return on Assets

0.87%

Free Cashflow Yield

8.26%

CMA Fundamentals

CMA Revenue

Revenue (TTM)

4.2B

Rev. Growth (Yr)

7.38%

Rev. Growth (Qtr)

-2.86%

CMA Earnings

Earnings (TTM)

695.0M

Earnings Growth (Yr)

-57.41%

Earnings Growth (Qtr)

318.18%

Breaking Down CMA Revenue

Last 7 days

2.9%

Last 30 days

-2.0%

Last 90 days

3.9%

Trailing 12 Months

52.3%

How does CMA drawdown profile look like?

CMA Financial Health

Debt/Equity

1.18

Debt/Cashflow

0.08

CMA Investor Care

Dividend Yield

5.32%

Dividend/Share (TTM)

2.84

Shares Dilution (1Y)

0.70%

Diluted EPS (TTM)

5.03

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2024	4.2B	0	0	0
2023	3.2B	3.6B	4.0B	4.2B
2022	1.9B	2.0B	2.3B	2.7B
2021	1.9B	1.9B	1.9B	1.9B
2020	2.7B	2.5B	2.3B	2.1B
2019	2.7B	2.8B	2.9B	2.8B
2018	2.3B	2.5B	2.6B	2.6B
2017	1.9B	2.0B	2.1B	2.3B
2016	1.8B	1.9B	1.9B	1.9B
2015	1.8B	1.8B	1.8B	1.8B
2014	1.8B	1.8B	1.8B	1.8B
2013	1.8B	1.8B	1.8B	1.8B
2012	1.9B	1.9B	1.9B	1.9B
2011	1.8B	1.8B	1.8B	1.8B
2010	0	0	0	1.9B

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

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Tracking the Latest Insider Buys and Sells of Comerica Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	carr james mcgregor	sold (taxes)	-5,970	50.17	-119	executive vice pres.
Apr 30, 2024	crespi megan d.	sold (taxes)	-6,823	50.17	-136	sevp & coo
Apr 24, 2024	mckinney cassandra m.	sold	-382,382	52.59	-7,271	evp
Apr 23, 2024	farmer curtis c	sold (taxes)	-23,161	52.64	-440	chairman, president and ceo
Apr 15, 2024	crespi megan d.	sold (taxes)	-20,289	50.85	-399	sevp & coo
Mar 29, 2024	carr james mcgregor	sold (taxes)	-21,171	54.99	-385	executive vice pres.
Feb 26, 2024	herzog james j	acquired	-	-	15,495	senior evp and cfo
Feb 26, 2024	bailey corey r	sold (taxes)	-78,645	48.97	-1,606	executive vice president
Feb 26, 2024	bridges wendy	acquired	-	-	1,567	evp
Feb 26, 2024	crespi megan d.	acquired	-	-	10,102	sevp & coo

Which funds bought or sold CMA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	PNC Financial Services Group, Inc.	added	2.7	31,821	2,705,290	-%
May 10, 2024	Covestor Ltd	reduced	-86.16	-176,000	28,000	0.02%
May 10, 2024	U.S. Capital Wealth Advisors, LLC	new	-	547,151	547,151	0.02%
May 10, 2024	PEAPACK GLADSTONE FINANCIAL CORP	added	3.67	32,000	1,516,000	0.02%
May 10, 2024	Bison Wealth, LLC	reduced	-0.34	-11,770	638,574	0.10%
May 10, 2024	TCG Advisory Services, LLC	sold off	-100	-354,728	-	-%
May 10, 2024	MACKENZIE FINANCIAL CORP	added	4,530	19,315,500	19,748,300	0.03%
May 10, 2024	VisionPoint Advisory Group, LLC	reduced	-45.88	-8,857	10,118	-%
May 10, 2024	OSAIC HOLDINGS, INC.	reduced	-58.44	-2,038,040	1,414,990	-%
May 10, 2024	CIBC Private Wealth Group, LLC	new	-	135,708	135,708	-%

Are Funds Buying or Selling CMA?

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

Unveiling Comerica Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.80%	16,878,129	SC 13G/A
Jan 25, 2024	state street corp	5.43%	7,155,372	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	11,823,218	SC 13G/A
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	fmr llc	-	0	SC 13G/A
Feb 09, 2022	vanguard group inc	11.82%	15,504,914	SC 13G/A

Recent SEC filings of Comerica Inc

View All Filings

Date Filed	Form Type	Document
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
Apr 26, 2024	10-Q	Quarterly Report
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4/A	Insider Trading
Apr 26, 2024	8-K	Current Report
Apr 25, 2024	4	Insider Trading
Apr 24, 2024	144	Notice of Insider Sale Intent
Apr 23, 2024	S-8	Employee Benefits Plan

Peers (Alternatives to Comerica Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	567.2B	174.7B	0.18%	44.71%	11.26	3.25	53.11%	19.83%
BAC	299.4B	137.9B	1.46%	40.12%	11.96	2.17	56.12%	-12.56%
WFC	213.6B	85.8B	6.46%	60.14%	11.38	2.49	35.02%	26.14%
C	120.8B	125.0B	2.71%	36.58%	15.11	0.97	37.85%	-
CFG	16.4B	10.4B	2.97%	41.85%	11.45	1.57	26.22%	-33.87%
KEY	14.2B	8.1B	-2.96%	61.70%	16.27	1.75	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	-2.04%	52.25%	10.18	1.67	34.68%	-45.96%
ZION	6.5B	4.1B	1.86%	86.61%	10.4	1.6	32.93%	-30.73%
ABCB	3.4B	1.3B	4.92%	71.30%	12.17	2.62	30.60%	-12.99%
ASB	3.4B	2.0B	4.24%	49.43%	20.97	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	402.9M	152.4M	-2.01%	50.33%	40.52	2.64	16.94%	-73.84%
AROW	396.4M	173.1M	3.34%	19.72%	13.59	2.29	26.54%	-34.86%
ACNB	276.5M	98.7M	-6.05%	16.29%	9.39	2.8	6.27%	-22.90%
ASRV	44.6M	60.9M	12.07%	-9.72%	-13.32	0.73	24.06%	-144.92%

Comerica Inc News

Latest updates

Comerica Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.9%	1,019	1,049	1,103	1,074	949	876	750	577	469	474	489	479	459	489	484	511	609	659	711	727	710
EBITDA Margin	-6.4%	0.73*	0.78*	0.95*	1.07*	1.22*	1.35*	1.37*	1.43*	1.45*	1.46*	1.27*	1.26*	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.2%	548	584	601	621	708	742	707	561	456	461	475	465	443	469	458	471	513	544	586	603	606
Income Taxes	52.6%	29.00	19.00	76.00	83.00	85.00	96.00	104	76.00	49.00	61.00	70.00	93.00	98.00	65.00	50.00	28.00	-19.00	82.00	80.00	87.00	85.00
EBT Margin	-1.6%	0.15*	0.16*	0.26*	0.29*	0.33*	0.39*	0.36*	0.41*	0.43*	0.43*	0.25*	0.25*	-	-	-	-	-	-	-	-	-
Net Income	318.2%	138	33.00	251	273	324	350	351	261	189	228	262	328	350	221	217	118	-59.00	269	292	298	339
Net Income Margin	-22.4%	0.16*	0.21*	0.30*	0.36*	0.41*	0.43*	0.45*	0.47*	0.53*	0.61*	0.61*	0.58*	-	-	-	-	-	-	-	-	-
Free Cashflow	-118.3%	-205	1,122	-178	-155	462	597	393	358	-710	429	202	-156	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-7.4%	79,444	85,834	85,706	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
Cash Equivalents	-46.0%	5,135	9,502	8,112	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
Net PPE	3.8%	462	445	410	397	399	400	412	422	444	454	447	454	456	459	456	450	454	457	467	470	474
Liabilities	-7.6%	73,394	79,428	80,734	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
Short Term Borrowings	-100.0%	-	3,565	-	-	-	3,211	508	-	-	-	-	-	-	-	10.00	752	2,263	71.00	51.00	1,733	935
Long Term Debt	14.7%	7,121	6,206	6,049	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
Shareholder's Equity	-5.6%	6,050	6,406	4,972	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
Retained Earnings	0.3%	11,765	11,727	11,796	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
Additional Paid-In Capital	-1.0%	2,202	2,224	2,220	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
Float	-	-	-	-	5,500	-	-	-	9,500	-	-	-	9,400	-	-	-	5,300	-	-	-	10,700	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-118.3%	-205,000	1,122,000	-178,000	-155,000	462,000	597,000	393,000	358,000	-710,000	429,000	202,000	-156,000	159,000	208,000	-24,000	45,000	699,000	221,000	444,000	385,000	40,000
Share Based Compensation	237.5%	27,000	8,000	9,000	7,000	28,000	12,000	9,000	11,000	28,000	5,000	7,000	7,000	22,000	6,000	6,000	4,000	8,000	2,000	5,000	8,000	24,000
Cashflow From Investing	1.4%	1,739,000	1,715,000	2,924,000	-139,000	-1,006,000	-1,424,000	-289,000	-5,042,000	-3,197,000	-1,447,000	1,481,000	681,000	1,008,000	28,000	-1,286,000	190,000	-3,534,000	1,096,000	231,000	-1,582,000	-239,000
Cashflow From Financing	-307.8%	-5,901,000	-1,447,000	-4,857,000	-217,000	4,996,000	1,139,000	-1,667,000	-1,333,000	-5,222,000	108,000	5,405,000	1,105,000	-2,063,000	4,390,000	-860,000	8,221,000	1,872,000	384,000	-139,000	1,297,000	-881,000
Dividend Payments	-5.2%	92,000	97,000	92,000	94,000	88,000	87,000	88,000	89,000	89,000	88,000	91,000	95,000	95,000	93,000	91,000	96,000	95,000	99,000	100,000	104,000	99,000
Buy Backs	1100.0%	12,000	1,000	-	1,000	15,000	-	3,000	1,000	39,000	50,000	220,000	451,000	8,000	-	-	-	199,000	152,000	370,000	429,000	443,000

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CMA Income Statement

2024-03-31

Consolidated Statements Of Comprehensive Income (unaudited) - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

INTEREST INCOME

Interest and fees on loans

$ 808

$ 777

Interest on investment securities

102

113

Interest on short-term investments

109

Total interest income

1,019

949

INTEREST EXPENSE

Interest on deposits

317

118

Interest on short-term borrowings

Interest on medium- and long-term debt

^[1]

117

Total interest expense

471

241

Net interest income

548

708

Provision for credit losses

Net interest income after provision for credit losses

534

678

NONINTEREST INCOME

Card fees

Fiduciary income

Service charges on deposit accounts

Capital markets income

Commercial lending fees

Bank-owned life insurance

Letter of credit fees

Brokerage fees

Risk management hedging (loss) income

(25)

Other noninterest income

Total noninterest income

236

282

NONINTEREST EXPENSES

Salaries and benefits expense

348

326

Outside processing fee expense

Software expense

Occupancy expense

FDIC insurance expense

Equipment expense

Advertising expense

Other noninterest expenses

Total noninterest expenses

603

551

Income before income taxes

167

409

Provision for income taxes

NET INCOME

138

324

Less:

Income allocated to participating securities

Preferred stock dividends

Net income attributable to common shares

$ 131

$ 317

Earnings per common share:

Basic (in dollars per share)

$ 0.99

$ 2.41

Diluted (in dollars per share)

$ 0.98

$ 2.39

Comprehensive (loss) income

$ (271)

$ 895

Cash dividends declared on common stock

$ 94

Cash dividends declared per common share (in dollars per share)

$ 0.71

[1]	(a) Includes the effects of hedging.

CMA Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 689	$ 1,443
Interest-bearing deposits with banks	4,446	8,059
Other short-term investments	366	399
Investment securities available-for-sale	16,246	16,869
Commercial loans	26,019	27,251
Real estate construction loans	4,558	5,083
Commercial mortgage loans	14,266	13,686
Lease financing	793	807
International loans	1,070	1,102
Residential mortgage loans	1,889	1,889
Consumer loans	2,227	2,295
Total loans	50,822	52,113
Allowance for loan losses	(691)	(688)
Net loans	50,131	51,425
Premises and equipment	462	445
Accrued income and other assets	7,104	7,194
Total assets	79,444	85,834
LIABILITIES AND SHAREHOLDERS’ EQUITY
Noninterest-bearing deposits	25,833	27,849
Money market and interest-bearing checking deposits	28,550	28,246
Savings deposits	2,342	2,381
Customer certificates of deposit	3,941	3,723
Other time deposits	2,894	4,550
Foreign office time deposits	18	13
Total interest-bearing deposits	37,745	38,913
Total deposits	63,578	66,762
Short-term borrowings	0	3,565
Accrued expenses and other liabilities	2,695	2,895
Medium- and long-term debt	7,121	6,206
Total liabilities	73,394	79,428
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	2,202	2,224
Accumulated other comprehensive loss	(3,457)	(3,048)
Retained earnings	11,765	11,727
Less cost of common stock in treasury - 95,683,776 shares at 3/31/2024 and 96,266,568 shares at 12/31/2023	(5,995)	(6,032)
Total shareholders’ equity	6,050	6,406
Total liabilities and shareholders’ equity	$ 79,444	$ 85,834

About Comerica Inc

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, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services, as well as payment and card 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, as well as commercial products and services to micro-businesses. The Wealth Management segment offers products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services; and 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.

CEO	Mr. Curtis Chatman Farmer
WEBSITE	comerica.com
INDUSTRY	Banks Diversified
EMPLOYEES	7280

Comerica Inc Frequently Asked Questions

What is the ticker symbol for Comerica Inc? What does CMA stand for in stocks?

CMA is the stock ticker symbol of Comerica Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Comerica Inc (CMA)?

As of Thu May 09 2024, market cap of Comerica Inc is 7.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CMA stock?

You can check CMA's fair value in chart for subscribers.

What is the fair value of CMA stock?

You can check CMA's fair value in chart for subscribers. The fair value of Comerica Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Comerica Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CMA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Comerica Inc a good stock to buy?

The fair value guage provides a quick view whether CMA is over valued or under valued. Whether Comerica Inc is cheap or expensive depends on the assumptions which impact Comerica Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CMA.

What is Comerica Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, CMA's PE ratio (Price to Earnings) is 10.18 and Price to Sales (PS) ratio is 1.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CMA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Comerica Inc's stock?

In the past 10 years, Comerica Inc has provided 0.038 (multiply by 100 for percentage) rate of return.