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Comerica NYSE:CMA Stock Report

Last Price

US$61.16

Market Cap

US$8.0b

7D

-8.1%

1Y

10.9%

Updated

22 Dec, 2024

Data

Company Financials +

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US$71.52
FV
14.5% undervalued intrinsic discount
3.51%
Revenue growth p.a.
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3 days ago author updated this narrative

Comerica Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Comerica
Historical stock prices
Current Share PriceUS$61.16
52 Week HighUS$73.45
52 Week LowUS$45.32
Beta1.26
1 Month Change-13.97%
3 Month Change1.59%
1 Year Change10.88%
3 Year Change-28.30%
5 Year Change-14.15%
Change since IPO1,414.97%

Recent News & Updates

Comerica: Too Much Optimism Given Deposit Headwinds (Downgrade)

Nov 15

Comerica's (NYSE:CMA) Dividend Will Be $0.71

Nov 09
Comerica's (NYSE:CMA) Dividend Will Be $0.71

Recent updates

Comerica: Too Much Optimism Given Deposit Headwinds (Downgrade)

Nov 15

Comerica's (NYSE:CMA) Dividend Will Be $0.71

Nov 09
Comerica's (NYSE:CMA) Dividend Will Be $0.71

Comerica: One Of The Banks To Own In Falling Interest Rate Environment

Sep 04

Comerica (NYSE:CMA) Will Pay A Dividend Of $0.71

Aug 19
Comerica (NYSE:CMA) Will Pay A Dividend Of $0.71

Comerica (NYSE:CMA) Is Paying Out A Dividend Of $0.71

Jul 28
Comerica (NYSE:CMA) Is Paying Out A Dividend Of $0.71

Comerica: Ongoing Deposit Pressure In Q2 Limits Upside

Jul 20

Comerica: High Dividend Yield Is Not Enough To Buy

Jun 27

Comerica's (NYSE:CMA) Dividend Will Be $0.71

May 13
Comerica's (NYSE:CMA) Dividend Will Be $0.71

Comerica (NYSE:CMA) Is Due To Pay A Dividend Of $0.71

Apr 26
Comerica (NYSE:CMA) Is Due To Pay A Dividend Of $0.71

Comerica: Higher For Longer Rates Are Challenging (Rating Downgrade)

Apr 02

Comerica's (NYSE:CMA) Dividend Will Be $0.71

Mar 02
Comerica's (NYSE:CMA) Dividend Will Be $0.71

Comerica Is Fairly Priced Relative To Peers

Jan 18

Comerica: Holding Strong And Highly Liquid With 5% Dividend Yield, Despite Earnings Declines

Jan 08

Comerica: Solid Yield, But No Longer A Bargain

Dec 01

Stabilizing Deposits Make Comerica Attractive (Rating Upgrade)

Nov 04

Comerica Incorporated: Macroeconomic Factors And Strategic Decisions Are Impacting Performance

Oct 25

Comerica: Unfair Scrutiny Signals Buy

Oct 04

Comerica: Maintain Strong Buy After Solid Q2 Results And Dividend Yield

Aug 30

Comerica: Undemanding Valuation, But Not A Lot Of Positive Catalysts

Jul 21

Comerica Bank Towering Above The Skyline, A Buying Potential

Jun 08

Differentiated Growth Not Enough To Push Comerica Ahead Of Peers

Feb 01

Comerica names Megan Crespi new chief operating officer

Jan 25

Comerica GAAP EPS of $2.58 beats by $0.03, revenue of $1.02B beats by $10M

Jan 19

Comerica: A Nice Yield At A Great Price

Jan 04

Shareholder Returns

CMAUS BanksUS Market
7D-8.1%-3.4%-2.4%
1Y10.9%29.1%23.3%

Return vs Industry: CMA underperformed the US Banks industry which returned 29.1% over the past year.

Return vs Market: CMA underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is CMA's price volatile compared to industry and market?
CMA volatility
CMA Average Weekly Movement5.0%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CMA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CMA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18497,680Curt Farmerwww.comerica.com

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.

Comerica Incorporated Fundamentals Summary

How do Comerica's earnings and revenue compare to its market cap?
CMA fundamental statistics
Market capUS$8.04b
Earnings (TTM)US$535.00m
Revenue (TTM)US$3.16b

15.0x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMA income statement (TTM)
RevenueUS$3.16b
Cost of RevenueUS$0
Gross ProfitUS$3.16b
Other ExpensesUS$2.63b
EarningsUS$535.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 22, 2025

Earnings per share (EPS)4.07
Gross Margin100.00%
Net Profit Margin16.93%
Debt/Equity Ratio100.7%

How did CMA perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

70%

Payout Ratio

Does CMA pay a reliable dividends?

See CMA dividend history and benchmarks
When do you need to buy CMA by to receive an upcoming dividend?
Comerica dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateJan 01 2025
Days until Ex dividend9 days
Days until Dividend pay date10 days

Does CMA pay a reliable dividends?

See CMA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Comerica Incorporated is covered by 60 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin HealArgus Research Company
David GeorgeBaird
Jason GoldbergBarclays