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Comerica NYSE:CMA Stock Report

Last Price

US$63.28

Market Cap

US$8.2b

7D

0.9%

1Y

49.1%

Updated

05 Nov, 2024

Data

Company Financials +

Comerica Incorporated

NYSE:CMA Stock Report

Market Cap: US$8.2b

CMA Stock Overview

Through its subsidiaries, provides various financial products and services.

About the company

CMA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 40.8% below our estimate of its fair value
Earnings are forecast to grow 10.91% per year
Pays a reliable dividend of 4.49%

Risk Analysis

Significant insider selling over the past 3 months
Profit margins (16.9%) are lower than last year (31.4%)

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Calculated Renewables Focus And Liquidity Strength Propel Growth Amidst Economic Challenges

Key Takeaways Strategic balance sheet management and targeted deposit strate The analysts have a consensus price target of $65.83 for Comerica based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $80.0, and the most bearish reporting a price target of just $51.0. In order for you to agree with the analyst's consensus, you'd need to believe that by 2027, revenues will be $3.5 billion, earnings will come to $788.5 million, and it would be trading on a PE ratio of 12.6x, assuming you use a discount rate of 6.4%.
View narrative
US$65.83
FV
3.9% undervalued intrinsic discount
3.58%
Revenue growth p.a.
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6 days ago author updated this narrative

Comerica Incorporated Competitors

Credicorp

NYSE:BAP

US$14.4b

Fifth Third Bancorp

NasdaqGS:FITB

US$29.0b

Bank of N.T. Butterfield & Son

NYSE:NTB

US$1.6b

Inter & Co

NasdaqGS:INTR

US$2.8b

Price History & Performance

Summary of all time highs, changes and price drops for Comerica
Historical stock prices
Current Share PriceUS$63.28
52 Week HighUS$66.06
52 Week LowUS$40.41
Beta1.25
11 Month Change7.51%
3 Month Change22.56%
1 Year Change49.07%
33 Year Change-27.72%
5 Year Change-11.40%
Change since IPO1,467.49%

Recent News & Updates

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

Sep 04

Recent updates

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

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

Sep 06
With EPS Growth And More, Comerica (NYSE:CMA) Makes An Interesting Case

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

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) Will Pay A Dividend Of $0.68

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

Nov 12
Comerica (NYSE:CMA) Has Announced A Dividend Of $0.68

Comerica Q3 2022 Earnings Preview

Oct 18

Shareholder Returns

CMAUS BanksUS Market
7D0.9%-1.0%-0.8%
1Y49.1%47.6%31.5%

Return vs Industry: CMA exceeded the US Banks industry which returned 45.2% over the past year.

Return vs Market: CMA exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is CMA's price volatile compared to industry and market?
CMA volatility
CMA Average Weekly Movement3.8%
Banks Industry Average Movement4.1%
Market Average Movement6.0%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.8%

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 (4%) 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$8.21b
Earnings (TTM)US$535.00m
Revenue (TTM)US$3.16b

15.6x

P/E Ratio

1.2x

P/B Ratio

Is CMA overvalued?

See Fair Value and valuation analysis

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

4.5%

Current Dividend Yield

70%

Payout Ratio