Comerica Future Growth

Future criteria checks 1/6

Comerica is forecast to grow earnings and revenue by 10.9% and 3.9% per annum respectively. EPS is expected to grow by 12.7% per annum. Return on equity is forecast to be 10.8% in 3 years.

Key information

10.9%

Earnings growth rate

12.7%

EPS growth rate

Banks earnings growth	10.4%
Revenue growth rate	3.9%
Future return on equity	10.8%
Analyst coverage	Good
Last updated	20 Nov 2024

Recent future growth updates

Recent updates

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

With EPS Growth And More, Comerica (NYSE:CMA) Makes An Interesting Case

Sep 06

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

Do Comerica's (NYSE:CMA) Earnings Warrant Your Attention?

May 14

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

Comerica (NYSE:CMA) Will Pay A Dividend Of $0.68

Dec 11

Comerica (NYSE:CMA) Has Announced A Dividend Of $0.68

Nov 12

Earnings and Revenue Growth Forecasts

NYSE:CMA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,559	802	N/A	N/A	15
12/31/2025	3,439	726	N/A	N/A	18
12/31/2024	3,279	694	N/A	N/A	19
9/30/2024	3,161	535	1,899	2,077	N/A
6/30/2024	3,246	602	667	850	N/A
3/31/2024	3,313	668	412	584	N/A
12/31/2023	3,503	854	1,098	1,251	N/A
9/30/2023	3,720	1,169	609	726	N/A
6/30/2023	3,795	1,268	1,202	1,297	N/A
3/31/2023	3,723	1,257	1,724	1,810	N/A
12/31/2022	3,474	1,122	556	638	N/A
9/30/2022	3,262	1,001	392	470	N/A
6/30/2022	3,102	913	203	279	N/A
3/31/2022	3,167	979	-304	-235	N/A
12/31/2021	3,351	1,140	564	634	N/A
9/30/2021	3,327	1,134	335	413	N/A
6/30/2021	3,235	1,088	102	187	N/A
3/31/2021	2,931	884	306	388	N/A
12/31/2020	2,375	482	849	928	N/A
9/30/2020	2,426	534	866	941	N/A
6/30/2020	2,528	615	1,323	1,409	N/A
3/31/2020	2,757	795	1,664	1,749	N/A
12/31/2019	3,275	1,195	1,004	1,090	N/A
9/30/2019	3,321	1,232	1,431	1,518	N/A
6/30/2019	3,347	1,258	1,349	1,427	N/A
3/31/2019	3,405	1,285	1,212	1,298	N/A
12/31/2018	3,329	1,227	1,526	1,616	N/A
9/30/2018	3,300	1,031	1,111	1,202	N/A
6/30/2018	3,264	939	N/A	1,049	N/A
3/31/2018	3,156	817	N/A	1,039	N/A
12/31/2017	3,094	738	N/A	1,085	N/A
9/30/2017	2,968	789	N/A	950	N/A
6/30/2017	2,877	713	N/A	908	N/A
3/31/2017	2,782	614	N/A	658	N/A
12/31/2016	2,600	473	N/A	486	N/A
9/30/2016	2,552	425	N/A	601	N/A
6/30/2016	2,502	411	N/A	712	N/A
3/31/2016	2,469	442	N/A	772	N/A
12/31/2015	2,577	515	N/A	865	N/A
9/30/2015	2,576	548	N/A	737	N/A
6/30/2015	2,544	566	N/A	687	N/A
3/31/2015	2,538	581	N/A	763	N/A
12/31/2014	2,485	586	N/A	639	N/A
9/30/2014	2,498	553	N/A	991	N/A
6/30/2014	2,506	546	N/A	926	N/A
3/31/2014	2,504	538	N/A	791	N/A
12/31/2013	2,508	533	N/A	836	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMA's forecast earnings growth (10.9% per year) is above the savings rate (2.6%).

Earnings vs Market: CMA's earnings (10.9% per year) are forecast to grow slower than the US market (15.4% per year).

High Growth Earnings: CMA's earnings are forecast to grow, but not significantly.

Revenue vs Market: CMA's revenue (3.9% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: CMA's revenue (3.9% 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 (10.8%).

Comerica Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 7.4% to US$65.83

Comerica Incorporated Provides Net Interest Income Guidance for the Year 2024

Price target increased by 7.4% to US$57.55

Price target increased by 7.2% to US$58.36

Price target decreased by 7.4% to US$73.27

Price target decreased by 7.5% to US$74.13

Recent updates

Comerica: Too Much Optimism Given Deposit Headwinds (Downgrade)

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

Third quarter dividend of US$0.71 announced

Comerica Incorporated Declares Quarterly Dividend, Payable on January 1, 2025

Insider notifies of intention to sell stock

Price target increased by 7.4% to US$65.83

Third quarter 2024 earnings: EPS exceeds analyst expectations

Upcoming dividend of US$0.71 per share

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

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

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

Second quarter dividend of US$0.71 announced

Comerica Incorporated Declares Quarterly Cash Dividend, Payable on October 1, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Comerica: Ongoing Deposit Pressure In Q2 Limits Upside

Comerica: High Dividend Yield Is Not Enough To Buy

Upcoming dividend of US$0.71 per share

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

Comerica Incorporated to Report Q4, 2024 Results on Jan 22, 2025

Comerica Incorporated Appoints Floyd Kessler as Executive Vice President, Chief Business Risk and Controls Officer

Insider recently sold US$382k worth of stock

High number of new directors

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Comerica Incorporated Announces Board Changes

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

Comerica Incorporated Declares A Quarterly Cash Dividend, Payable on July 1, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Comerica Bank Announces Executive Changes

Comerica Incorporated, Annual General Meeting, Apr 23, 2024

Upcoming dividend of US$0.71 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

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

Fourth quarter dividend of US$0.71 announced

Reginald M. Turner, Jr. Intends Not to Stand for Re-Election as a Director of Comerica Incorporated

Comerica Incorporated Provides Net Interest Income Guidance for the Year 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Comerica Is Fairly Priced Relative To Peers

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

Price target increased by 7.4% to US$57.55

Upcoming dividend of US$0.71 per share at 6.0% yield

Comerica: Solid Yield, But No Longer A Bargain

Comerica Incorporated Announces Management Changes

Comerica Incorporated Declares Quarterly Cash Dividend for Common Stock, Payable on January 1, 2024

Stabilizing Deposits Make Comerica Attractive (Rating Upgrade)

Comerica Incorporated: Macroeconomic Factors And Strategic Decisions Are Impacting Performance

Comerica Incorporated Reports Net Charge Offs for the Third Quarter Ended September 30, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

the Gross Law Firm Notifies Shareholders of Comerica Incorporated of A Class Action Lawsuit

Comerica: Unfair Scrutiny Signals Buy

Comerica Incorporated Appoints Kristina Janssens as Senior Vice President and Chief Compliance Officer

Comerica Incorporated(NYSE:CMA) dropped from FTSE All-World Index (USD)

Upcoming dividend of US$0.71 per share at 6.1% yield

With EPS Growth And More, Comerica (NYSE:CMA) Makes An Interesting Case

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

Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Comerica Incorporated Investors

Comerica Incorporated Announces Resignation of Jay K. Oberg as Senior Executive Vice President and Chief Risk Officer

Price target increased by 7.2% to US$58.36

Comerica Bank Announces Promotion of Brandon Jones to SVP External Affairs

Comerica Incorporated Announces Board and Committee Appointments

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

Comerica Bank Towering Above The Skyline, A Buying Potential

Investor sentiment improves as stock rises 21%

Upcoming dividend of US$0.71 per share at 6.6% yield

Comerica Incorporated to Report Q2, 2024 Results on Jul 19, 2024

Comerica Incorporated Appoints Jenae Anderson as Colorado Market President

Investor sentiment improves as stock rises 20%

Do Comerica's (NYSE:CMA) Earnings Warrant Your Attention?