Comerica Incorporated (CMA)
Market Cap | 7.71B |
Revenue (ttm) | 3.20B |
Net Income (ttm) | 671.00M |
Shares Out | 131.35M |
EPS (ttm) | 5.02 |
PE Ratio | 11.70 |
Forward PE | 11.34 |
Dividend | $2.84 (4.84%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 1,222,664 |
Open | 58.96 |
Previous Close | 59.61 |
Day's Range | 58.31 - 59.81 |
52-Week Range | 45.32 - 73.45 |
Beta | 1.26 |
Analysts | Hold |
Price Target | 66.83 (+13.81%) |
Earnings Date | Apr 21, 2025 |
About CMA
Comerica Incorporated, together with its subsidiaries, provides financial services in the United States, Canada, and Mexico. The company operates through Commercial Bank, Retail Bank, and Wealth Management 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 midd... [Read more]
Financial Performance
In 2024, Comerica's revenue was $3.20 billion, a decrease of -8.79% compared to the previous year's $3.50 billion. Earnings were $671.00 million, a decrease of -21.43%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for CMA stock is "Hold." The 12-month stock price forecast is $66.83, which is an increase of 13.81% from the latest price.
News

Protect Your Identity, the Planet at 13th Annual Comerica Bank Shred Day DFW on April 12
Guests are invited to make a food and/or monetary donation to the North Texas Food Bank as they drive through the shred lanes. DALLAS , March 27, 2025 /PRNewswire/ -- Comerica Bank and Iron Mountain ...

Comerica Bank Executive Vice President Joe Ursuy Elected to National Waste & Recycling Association Hall of Fame
DETROIT , March 26, 2025 /PRNewswire/ -- Comerica Bank Executive Vice President, National Businesses for Energy, Renewables, and Waste, Joe Ursuy, has been elected to the National Waste & Recycling As...

Comerica Bank to hold Seventh Annual Prom Dress Drive, Benefiting Jackets for Jobs
Public encouraged to drop-off dresses and accessories at select Comerica locations March 24-April 18 DETROIT , March 24, 2025 /PRNewswire/ -- Comerica Bank is welcoming donations for its seventh annua...

Comerica Bank's Shred Day Houston Returns on April 5
Guests are invited to make a food and/or monetary donation to the Houston Food Bank as they drive through the shred lanes. HOUSTON, March 21, 2025 /PRNewswire/ -- Comerica Bank and Iron Mountain Inco...

US judge denies CFPB's motion to stay lawsuit against Comerica
A federal judge in Texas denied the U.S. Consumer Financial Protection Bureau's motion to stay its lawsuit against Comerica Bank, according to a court order filed on Monday.

Report: CFPB Wants Time to Review Lawsuit Against Comerica Bank
The Consumer Financial Protection Bureau (CFPB) asked a federal judge Monday (March 3) to pause the enforcement action that the agency filed against Comerica Bank in December.

US CFPB asks to pause Comerica enforcement action
The embattled U.S. Consumer Financial Protection Bureau on Monday asked a federal court to issue a stay in its enforcement action against Comerica Bank , court papers showed.

$100,000 Comerica Hatch Detroit Contest by TechTown Returns with Increased Support from Comerica Bank
Applications now open for the 13th annual entrepreneurial contest to find the next winning brick-and-mortar small business DETROIT , March 3, 2025 /PRNewswire/ -- TechTown Detroit and Comerica Bank an...

Comerica Recognized for Strength in Serving Businesses with Coalition Greenwich Awards
DALLAS , Feb. 28, 2025 /PRNewswire/ -- Comerica Bank has been recognized by Crisil Coalition Greenwich as a best bank for its dedication to supporting small business and middle market clients. The Coa...

Comerica Declares Common and Preferred Stock Dividends
DALLAS , Feb. 25, 2025 /PRNewswire/ -- The Board of Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash dividend for common stock of 71 cents ($0.71) per share. The dividend is pa...

Comerica Bank Names Troy Norris Arizona Market President
PHOENIX , Feb. 18, 2025 /PRNewswire/ -- Comerica Bank announced today Troy Norris has been named its Arizona Market President. Norris will also serve as the Group Manager for Business Banking and Midd...

Comerica to Participate in 2025 RBC Capital Markets Global Financial Institutions Conference; Announces Details for Conference Call to Review First Quarter 2025 Earnings
DALLAS , Feb. 14, 2025 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will participate in the 2025 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 5, 2...

Comerica Bank to Celebrate 10 Years of Making Teens' Prom Dreams Come True
DALLAS , Jan. 29, 2025 /PRNewswire/ -- Comerica Bank will host its 10th annual North Texas Prom Dress Drive, during the month of February at seven participating banking centers. Donations will benefit...

Comerica: Deposit Pressures Reflected After A Mixed Q4 (Rating Upgrade)
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...

Comerica Incorporated (CMA) Q4 2024 Earnings Call Transcript
Comerica Incorporated (NYSE:CMA) Q4 2024 Earnings Conference Call January 22, 2025 8:00 AM ET Company Participants Kelly Gage - Director, IR Curt Farmer - President, Chairman & CEO Jim Herzog - CFO P...

Comerica Reports Fourth Quarter and Full-Year 2024 Earnings Results
DALLAS , Jan. 22, 2025 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its fourth quarter and full-year 2024 financial results. The results are available on the Investor Relations secti...

Comerica Stock Investors Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation - NYSE: CMA
PHILADELPHIA, PA / ACCESS Newswire / January 16, 2025 / Kehoe Law Firm, P.C. is investigating whether certain executive officers or board members of Comerica Inc. (NYSE:CMA) failed to manage Comerica ...

Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and charging illegal A...

CFPB sues Comerica Bank for failing to administer federal benefits program
The Consumer Financial Protection Bureau filed a complaint on Friday against Comerica Bank, accusing the bank of failing to administer a federal benefits program that uses prepaid debit cards. The law...

U.S. Sues Comerica Bank Over Treatment of Federal Benefits Users
The CFPB accused the Comerica banking subsidiary of deliberately hanging up on millions of Direct Express cardholders' customer service calls, impeding them from exercising their legal rights, chargin...

CFPB sues Comerica Bank over allegations of failing disabled and older Americans
Regional lender Comerica Bank faces allegations it systematically mistreated millions of mostly disabled and elder customers and could pay penalties under new civil enforcement action, the U.S. watchd...

Comerica Bank to Kick Off Detroit Lions "Double The Impact" My Cause My Cleats Campaign with First $17,500 Donation
Detroit Lions to match campaign donations to Alternatives For Girls up to $100,000 Comerica supporting Alternatives For Girls in recognition of the bank's 175th Anniversary and its Commitment to the C...

Comerica to Participate in Goldman Sachs 2024 US Financial Services Conference; Announces Details for Conference Call to Review Fourth Quarter 2024 Earnings
DALLAS , Nov. 25, 2024 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will participate in the Goldman Sachs 2024 US Financial Services Conference on Tuesday, Dec. 10, 2024. Comerica In...