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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CMA underperformed the US Banks industry which returned -28.3% over the past year.
Return vs Market: CMA underperformed the US Market which returned 15.6% over the past year.
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
6 days ago | Simply Wall StComerica Incorporated Just Beat EPS By 72%: Here's What Analysts Think Will Happen Next
3 weeks ago | Simply Wall StWhat You Need To Know About Comerica Incorporated's (NYSE:CMA) Investor Composition
1 month ago | Simply Wall StComerica Incorporated (NYSE:CMA) Stock Goes Ex-Dividend In Just Four Days
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 ($43.37) is trading below our estimate of fair value ($43.5)
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 (11.8x) compared to the US Banks industry average (10.2x).
PE vs Market: CMA is good value based on its PE Ratio (11.8x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: CMA is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: CMA's PB Ratio (0.8x) is in line with the US Banks industry average.
How is Comerica forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMA's forecast earnings growth (16.3% per year) is above the savings rate (2.2%).
Earnings vs Market: CMA's earnings (16.3% per year) are forecast to grow slower than the US market (22.2% per year).
High Growth Earnings: CMA's earnings are forecast to grow, but not significantly.
Revenue vs Market: CMA's revenue (0.4% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: CMA's revenue (0.4% 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 (9.2%).
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 (21.3%) are lower than last year (37.1%).
Past Earnings Growth Analysis
Earnings Trend: CMA's earnings have grown by 14.8% 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 (-58%) over the past year, making it difficult to compare to the Banks industry average (-4%).
Return on Equity
High ROE: CMA's Return on Equity (6.7%) 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 (10.6x) is moderate.
Allowance for Bad Loans: CMA has a sufficient allowance for bad loans (301%).
Low Risk Liabilities: 90% 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 (61%).
Low Risk Deposits: CMA's Loans to Deposits ratio (75%) is appropriate.
Level of Bad Loans: CMA has an appropriate level of bad loans (0.6%).
What is Comerica current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMA's dividend (6.27%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: CMA's dividend (6.27%) is in the top 25% of dividend payers in the US market (4.63%)
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: With its reasonable payout ratio (73.8%), 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 (51.2% 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 ($USD7.37M).
Compensation vs Earnings: Curt's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive Chairman||1.5yrs||US$5.01m||0.095% |
|CFO & Executive VP||1.08yrs||US$1.35m||0.0047% |
|Executive VP of Legal & Regulatory Affairs and Corporate Secretary||4.75yrs||US$1.94m||0.027% |
|Executive VP & Executive Director of Commercial Bank||2.25yrs||US$1.82m||0.013% |
|Executive VP & Chief Risk Officer||1.75yrs||US$1.77m||0.019% |
|SVP of Asset Quality Review||no data||no data||no data|
|Executive VP and Chief Enterprise Technology & Operations Services Officer||0.58yr||no data||no data|
|Senior VP & Chief Accounting Officer||2.75yrs||no data||0.0039% |
|Director of Investor Relations||14.25yrs||no data||no data|
|Executive VP & Chief HR Officer||10.75yrs||no data||0.024% |
|Senior Vice President and Alternate Group Manager - Energy Finance Group||15.92yrs||no data||no data|
|Executive VP & Executive Director of Retail Bank||15.08yrs||no data||0.0058% |
Experienced Management: CMA's management team is considered experienced (2.8 years average tenure).
|Executive Chairman||1.5yrs||US$5.01m||0.095% |
|Independent Director||13.83yrs||US$259.84k||0.0047% |
|Independent Director||13.83yrs||US$212.09k||0.0036% |
|Independent Director||20.25yrs||US$187.09k||0.034% |
|Lead Independent Director||no data||US$244.55k||0.044% |
|Independent Director||12.08yrs||US$211.14k||0.029% |
|Independent Director||4.08yrs||US$196.09k||0.0036% |
|Independent Director||15.75yrs||US$234.84k||0.0012% |
|Independent Director||12.08yrs||US$208.09k||0.000050% |
|Independent Director||3.08yrs||US$196.09k||no data|
|Independent Director||3.92yrs||US$213.59k||no data|
Experienced Board: CMA's board of directors are seasoned and experienced ( 12.1 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$5.865b
- Shares outstanding: 139.07m
- Website: https://www.comerica.com
Number of Employees
- Comerica Incorporated
- Comerica Bank Tower
- 1717 Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CMA||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1969|
|CA3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1969|
|0I1P||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1969|
|C1MA34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 2 REPR 1 COM||BR||BRL||Jan 2020|
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Management. The Business Bank s ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/29 00:42|
|End of Day Share Price||2020/10/28 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.