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Comerica Dividends and Buybacks
Dividend criteria checks 5/6
Comerica is a dividend paying company with a current yield of 3.2% that is well covered by earnings.
Key information
3.2%
Dividend yield
3.4%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 11.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 53% |
Recent dividend and buyback updates
Analysis Article • Aug 27
Comerica (NYSE:CMA) Is Paying Out A Dividend Of $0.71
The board of Comerica Incorporated ( NYSE:CMA ) has announced that it will pay a dividend of $0.71 per share on the 1st...Analysis Article • Aug 02
Comerica (NYSE:CMA) Has Announced A Dividend Of $0.71
The board of Comerica Incorporated ( NYSE:CMA ) has announced that it will pay a dividend of $0.71 per share on the 1st...Recent updates
Narrative Update • Jan 25
CMA: Merger Approvals And Integration Progress Will Shape Fairly Balanced Outlook
Narrative Update The analyst price target for Comerica has moved higher from US$81.28 to US$88.75, with analysts pointing to recent target increases, ratings upgrades, and expectations around the Fifth Third acquisition as key drivers of their updated views. Analyst Commentary Recent research on Comerica clusters around two themes: the pending acquisition by Fifth Third and how regional banks stack up against larger peers.
Narrative Update • Jan 11
CMA: Fifth Third Deal And Higher P/E Multiple Will Drive Repricing
Analysts have lifted their fair value estimate for Comerica to about $113.47 from $99.00, citing higher Street price targets, recent upgrades related to the pending Fifth Third acquisition, and updated assumptions that include a higher future P/E multiple, even as revenue growth and profit margin expectations are more restrained. Analyst Commentary Bullish analysts are leaning more constructive on Comerica following the announced acquisition by Fifth Third, with several research updates pointing to improved sentiment on both valuation and deal execution.Narrative Update • Dec 27
CMA: Fifth Third Merger Will Drive Repricing And Earnings Outlook Through 2027
Analysts have nudged their fair value estimate for Comerica higher, lifting the target from $97.00 to $99.00 as they factor in the Fifth Third acquisition, modestly stronger revenue growth and profitability assumptions, and a higher future earnings multiple reflecting anticipated deal accretion and improved banking sector sentiment. Analyst Commentary Street research surrounding Comerica has shifted meaningfully more constructive following the announced merger with Fifth Third, with several bullish analysts revisiting ratings and valuation frameworks.Narrative Update • Dec 13
CMA: Fifth Third Merger Will Reframe Earnings Outlook And Trading Dynamics
Analysts have lifted their fair value estimate for Comerica to $97 from about $71, reflecting higher expected revenue growth and valuation multiples as the Fifth Third stock merger reshapes the bank's earnings outlook and trading dynamics. Analyst Commentary Recent Street research reflects a meaningful shift in sentiment toward Comerica following the announced all stock acquisition by Fifth Third, with several bullish analysts revising ratings and price targets higher to reflect the new strategic and valuation framework.Narrative Update • Nov 29
CMA: Merger Will Shift Share Focus While Integration And Board Actions Remain Key
Comerica's average analyst price target has increased, with analysts citing the anticipated benefits and strategic rationale of the recently announced merger with Fifth Third as the primary drivers for the upward revision. Analyst Commentary Following the announcement of the merger between Comerica and Fifth Third, analysts have provided a range of perspectives on the outlook for Comerica shares.Narrative Update • Nov 15
CMA: Outlook Will Balance Merger Synergies With Execution And Integration Risks
Analysts have modestly increased their price target for Comerica from $79.78 to $81.28. This reflects renewed optimism following the announced merger with Fifth Third and supportive M&A trends within the sector.Narrative Update • Nov 01
CMA: Fifth Third Merger Will Shape Sunbelt Reach And Influence Future Performance
Comerica's fair value estimate has been raised from $75.05 to $79.78. Analysts cite anticipated benefits from the recently announced merger with Fifth Third and the resulting upward revisions to price targets.Narrative Update • Oct 18
Sunbelt And Digital Focus Will Define Future Strength
Comerica's analyst price target has increased from $69 to $75.05. Analysts highlight the supportive impact of the pending merger with Fifth Third Bancorp and updated valuation frameworks.Narrative Update • Oct 03
Sunbelt And Digital Focus Will Define Future Strength
Comerica’s analyst price target increased from $67.38 to $69.00, as analysts cite improving net interest income projections and a more constructive operating environment for mid-cap banks. Analyst Commentary Recent Street research on Comerica highlights a mix of optimistic and cautious views among analysts, reflecting both improved expectations for bank fundamentals and some persistent risks facing the sector.Narrative Update • Sep 11
Sunbelt And Digital Focus Will Define Future Strength
Analysts have raised Comerica’s price target slightly to $67.38, reflecting expectations of a constructive macro environment, improved loan growth, potential M&A, and relative valuation appeal for capital-strong regional banks. Analyst Commentary Expectations of a constructive macro backdrop supporting banking fundamentals, loan growth acceleration in the second half, and potential M&A activity.Analysis Article • Aug 27
Comerica (NYSE:CMA) Is Paying Out A Dividend Of $0.71
The board of Comerica Incorporated ( NYSE:CMA ) has announced that it will pay a dividend of $0.71 per share on the 1st...Seeking Alpha • Aug 19
CMA.PR.B: 6.875% Fixed Rate Reset Preferred IPO From Comerica Incorporated
Summary CMA.PR.B offers a 6.875% fixed, non-cumulative dividend, resetting in 2030, with favorable tax treatment, and strong dividend coverage from Comerica's common equity. Comerica's credit profile has been unchanged since 2020, but faces a negative outlook due to funding and liquidity pressures, though preferred dividend risk appears minimal for now. The preferred stock trades at a significant credit spread premium versus company debt, suggesting attractive relative value for income-focused investors. Relative sector valuation shows CMA-B is fairly priced versus peers, but I prefer higher-quality alternatives like BOH-B and RF-F for better risk/reward. I see no immediate concerns for CMA-B holders, but I will monitor for a more attractive entry point before considering an investment. Read the full article on Seeking AlphaAnalysis Article • Aug 02
Comerica (NYSE:CMA) Has Announced A Dividend Of $0.71
The board of Comerica Incorporated ( NYSE:CMA ) has announced that it will pay a dividend of $0.71 per share on the 1st...Analysis Article • Jun 11
Comerica (NYSE:CMA) Is Due To Pay A Dividend Of $0.71
Comerica Incorporated ( NYSE:CMA ) has announced that it will pay a dividend of $0.71 per share on the 1st of July. The...Analysis Article • May 27
Comerica (NYSE:CMA) Is Paying Out A Dividend Of $0.71
Comerica Incorporated ( NYSE:CMA ) will pay a dividend of $0.71 on the 1st of July. This makes the dividend yield 5.1...Seeking Alpha • Apr 21
Comerica Q1 Earnings Review: Deposit Weakness Offsets Solid Credit Quality
Summary Comerica Incorporated's Q1 results showed solid credit quality but weak deposit trends, with average deposits falling by $1.4 billion and a significant 5% annual decline. Despite cutting deposit costs aggressively, Comerica's strategy to maximize margins may hinder deposit growth, especially with the loss of the Direct Express contract. Loan demand remains soft, with average balances down $400 million, and commercial real estate exposure declining by $250 million amid economic uncertainty. Given average capital and poor deposit trends, I rate CMA stock as a hold, expecting shares to remain in the low-$50s, with limited upside potential. Read the full article on Seeking AlphaSeeking Alpha • Jan 27
Comerica: Deposit Pressures Reflected After A Mixed Q4 (Rating Upgrade)
Summary Comerica's shares have been mixed, gaining 15% but lagging due to declining deposits and loss of a government contract, leading to a "hold" rating. Q4 results showed weak deposit growth but impressive pricing actions, with a shift from brokered to core deposits, aiding margin expansion. Loan demand remains tepid, but credit quality is solid with limited commercial real estate exposure, and the bank benefits more from falling rates. Despite some downside risks, CMA stock is trading around fair value, with limited upside but a secure dividend, justifying an upgrade to "hold". Read the full article on Seeking AlphaSeeking Alpha • Nov 15
Comerica: Too Much Optimism Given Deposit Headwinds (Downgrade)
Summary Comerica's shares have rallied 60% over the past year, but the recent gains appear overdone given ongoing deposit weaknesses. Despite a solid capital position and potential regulatory benefits, CMA faces challenges with declining noninterest-bearing deposits and higher deposit costs. The bank's net interest margin is pressured by unfavorable deposit mix and declining loans, with limited near-term earnings growth expected. With a full valuation at 13x earnings and a 10% downside risk, I recommend selling Comerica shares to capitalize on the recent rally. Read the full article on Seeking AlphaStability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Comerica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CMA) | 3.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (CMA) (up to 3 years) | 3.2% |
Notable Dividend: CMA's dividend (3.2%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: CMA's dividend (3.2%) is low compared to the top 25% of dividend payers in the US market (4.22%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.3%), CMA's dividend 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 (59.5% payout ratio).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/03 17:38 |
| End of Day Share Price | 2026/01/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Comerica Incorporated is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Heal | Argus Research Company |
| David George | Baird |
| Kevin St. Pierre | Bernstein |