Comerica Incorporated, through its subsidiaries, provides various financial products and services. More Details
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Comerica's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CMA's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CMA exceeded the US Banks industry which returned 83% over the past year.
Return vs Market: CMA exceeded the US Market which returned 57.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Comerica's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShareholders Are Thrilled That The Comerica (NYSE:CMA) Share Price Increased 162%
1 month ago | Simply Wall StHere's How We Evaluate Comerica Incorporated's (NYSE:CMA) Dividend
1 month ago | Simply Wall StComerica Incorporated (NYSE:CMA) Goes Ex-Dividend Soon
Is Comerica undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CMA ($69.77) is trading below our estimate of fair value ($78.31)
Significantly Below Fair Value: CMA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CMA is poor value based on its PE Ratio (21.1x) compared to the US Banks industry average (13.3x).
PE vs Market: CMA is good value based on its PE Ratio (21.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: CMA is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: CMA is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Comerica forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMA's forecast earnings growth (10.8% per year) is above the savings rate (2%).
Earnings vs Market: CMA's earnings (10.8% per year) are forecast to grow slower than the US market (18.4% per year).
High Growth Earnings: CMA's earnings are forecast to grow, but not significantly.
Revenue vs Market: CMA's revenue (6.5% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: CMA's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMA's Return on Equity is forecast to be low in 3 years time (8.8%).
How has Comerica performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMA has high quality earnings.
Growing Profit Margin: CMA's current net profit margins (19.3%) are lower than last year (36.3%).
Past Earnings Growth Analysis
Earnings Trend: CMA's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: CMA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CMA had negative earnings growth (-61.3%) over the past year, making it difficult to compare to the Banks industry average (1.5%).
Return on Equity
High ROE: CMA's Return on Equity (5.9%) is considered low.
How is Comerica's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CMA's Assets to Equity ratio (10.9x) is moderate.
Allowance for Bad Loans: CMA has a sufficient allowance for bad loans (271%).
Low Risk Liabilities: 91% of CMA's liabilities are made up of primarily low risk sources of funding.
Loan Level: CMA has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: CMA's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: CMA has an appropriate level of bad loans (0.7%).
What is Comerica current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMA's dividend (3.9%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CMA's dividend (3.9%) is in the top 25% of dividend payers in the US market (3.48%)
Stability and Growth of Payments
Stable Dividend: CMA's dividends per share have been stable in the past 10 years.
Growing Dividend: CMA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (82.4%), CMA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CMA's dividends in 3 years are forecast to be covered by earnings (50.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Curt Farmer (57 yo)
Mr. Curtis Chatman Farmer, also known as Curt, has been Chief Executive Officer of Comerica Incorporated and Comerica Bank since April 23, 2019 and has been its the President since April 29, 2015 and its E...
CEO Compensation Analysis
Compensation vs Market: Curt's total compensation ($USD5.01M) is below average for companies of similar size in the US market ($USD11.02M).
Compensation vs Earnings: Curt's compensation has been consistent with company performance over the past year.
Experienced Management: CMA's management team is considered experienced (4.3 years average tenure).
Experienced Board: CMA's board of directors are seasoned and experienced ( 12.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CMA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Comerica Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Comerica Incorporated
- Ticker: CMA
- Exchange: NYSE
- Founded: 1849
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$10.071b
- Shares outstanding: 139.49m
- Website: https://www.comerica.com
Number of Employees
- Comerica Incorporated
- Comerica Bank Tower
- 1717 Main Street
- United States
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 22:17|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.