Comerica Incorporated (CMA)
| Market Cap | 10.00B |
| Revenue (ttm) | 3.10B |
| Net Income (ttm) | 913.00M |
| Shares Out | 130.82M |
| EPS (ttm) | 6.88 |
| PE Ratio | 11.11 |
| Forward PE | 8.01 |
| Dividend | $2.72 (3.56%) |
| Ex-Dividend Date | Sep 14, 2022 |
| Volume | 1,121,964 |
| Open | 74.31 |
| Previous Close | 73.02 |
| Day's Range | 74.31 - 76.42 |
| 52-Week Range | 70.64 - 102.09 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 96.65 (+26.4%) |
| Earnings Date | Oct 19, 2022 |
About CMA
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It 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, 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 govern... [Read more...]
Financial Performance
In 2021, Comerica's revenue was $3.35 billion, an increase of 41.09% compared to the previous year's $2.38 billion. Earnings were $1.17 billion, an increase of 135.01%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for CMA stock is "Buy." The 12-month stock price forecast is 96.65, which is an increase of 26.44% from the latest price.
News
Comerica Bank Women's Business Symposium Returns to North Texas on October 27
DALLAS , Sept. 29, 2022 /PRNewswire/ -- The Comerica Bank Women's Business Symposium returns to Dallas/Fort Worth helping women in business Learn, Connect, Grow & Celebrate their potential.
Comerica Bank Partners with National College Resources Foundation For 2nd Annual Detroit Black College Expo™
Event brings access to college opportunities and funding to students and families across southeast Michigan DETROIT , Sept. 22, 2022 /PRNewswire/ -- Comerica Bank, together with the National College Res...
Comerica Bank Creates Business Banking Team to Serve Southern Sector of Dallas County
DALLAS , Sept. 20, 2022 /PRNewswire/ -- Comerica Bank has named Trent Sampson , Jerry Collazo and Adriana Najera to its newly-formed South Dallas Business Banking Team led by Group Manager Derric Hicks.
Comerica Bank Unveils Plans for Business & Innovation Hub in Frisco, Texas
Frisco Business & Innovation Hub set to make debut at The Star in late 2023 DALLAS , Sept. 14, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced corporate expansion plans in North T...
Comerica Bank, Detroit Lions Uplifting Community Through First Down Program
Comerica Bank Lions First Down Program set to surpass $100,000 in total community support during 2022 season DETROIT , Sept. 8, 2022 /PRNewswire/ -- For the sixth-consecutive year, Comerica Bank and the...
BCL of Texas Launches Dallas Small Business Diversity Fund With $1 Million Investment From Comerica Bank
DALLAS , Aug. 31, 2022 /PRNewswire/ -- Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved ...
Comerica Incorporated Names Von E. Hays Executive Vice President and Chief Legal Officer - General Counsel
DALLAS , Aug. 30, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that Von E. Hays , Senior Vice President – General Counsel Human Resources, Litigation and Corporate Operations, ...
Comerica Incorporated Names Kelly Gage, Director of Investor Relations; Darlene Persons to Retire on April 1
DALLAS , Aug. 29, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that Kelly Gage, National Director of Sales and Strategy for the Commercial Bank will be named Senior Vice Presid...
Comerica to Participate in Barclays Global Financial Services Conference; Announces Details for Conference Call to Re...
DALLAS , Aug. 24, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will participate in the Barclays Global Financial Services Conference on Tuesday, Sept. 13, 2022. Comerica Incorpora...
S&P 500 Banks Make a Resounding Come Back QTD: 3 Solid Picks
After witnessing a challenging start to the year, banks are rebounding since July. Thus, Regions Financial (RF), M&T Bank (MTB) and Comerica (CMA) are worth betting on as these outperform the S&P 500 In...
Comerica Bank Names Joe Ursuy Executive Vice President, National Businesses for Energy, Renewables, and Waste
DALLAS , Aug. 22, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Joe Ursuy has been named to the new role of Executive Vice President, National Businesses for Energy, Renewables, ...
Comerica Incorporated (CMA) Up 9.1% Since Last Earnings Report: Can It Continue?
Comerica Incorporated (CMA) reported earnings 30 days ago. What's next for the stock?
Comerica Bank and Kalamazoo Growlers Food Drive Benefitting South Michigan Food Bank Generates Over 61,000 Meals
Combination of community food donations and $10,000 in financial support from Comerica Bank helps combat food insecurity in Kalamazoo KALAMAZOO, Mich. , Aug. 17, 2022 /PRNewswire/ -- The Comerica Bank a...
Linda Nosegbe Named National Community Impact Manager
DALLAS , Aug. 16, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has named Linda Nosegbe, Vice President, Southeast External Affairs Market Manager, as Vice President, National Community Impact ...
Comerica Bank Names Corey Bailey to Lead Middle Market & Business Banking
DALLAS , Aug. 15, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, has been named to the new role of Ex...
Comerica Bank Promotes Michigan Leaders Mike Ritchie and Steve Davis
Ritchie named new Executive Vice President, Head of National and Specialty Businesses; Davis named Michigan Market President DETROIT , Aug. 11, 2022 /PRNewswire/ -- Comerica Bank announced today the pro...
5 S&P 500 Bank Stocks With Decent Dividend Yield to Bet On
Apart from robust fundamentals, the S&P 500 banks like Citigroup (C), Comerica (CMA), M&T Bank (MTB), Regions (RF) & Zions (ZION) have decent dividend yields, which will help income investors generate s...
Comerica Bank Taps Allysun Fleming to Head Payments Unit
Comerica Bank has appointed Allysun Fleming to lead payment strategy as it moves all payments-related operations into a single unit that she will head as the new executive vice president, payments, repo...
Comerica Bank Appoints Allysun Fleming To Lead Payments Strategy In New Head of Payments Role
DALLAS, Aug. 1, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will align all payments-related operations into one division directed by Allysun Fleming who will serve as the new Exe...
Comerica Declares Common and Preferred Stock Dividends
DALLAS , July 26, 2022 /PRNewswire/ -- The Board of Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash dividend for common stock of 68 cents ($0.68) per share. The dividend is paya...
Will Comerica Incorporated (CMA) Gain on Rising Earnings Estimates?
Comerica Incorporated (CMA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Little Liberia wins $100,000 Comerica Hatch Detroit Contest powered by TechTown
10th annual Hatch Off competition brings Afro-fusion restaurant to Detroit DETROIT , July 22, 2022 /PRNewswire/ -- Little Liberia has been crowned the winner of the 2022 Comerica Hatch Detroit Contest, ...
Comerica (CMA) Q2 Earnings Surpass Estimates, NII Rises
High NII supports Comerica's (CMA) second-quarter earnings. However, an increase in expenses and a fall in fee income hurt.
Comerica Incorporated (CMA) Q2 Earnings and Revenues Beat Estimates
Comerica Incorporated (CMA) delivered earnings and revenue surprises of 8.47% and 2.91%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Comerica Reports Second Quarter 2022 Earnings Results
DALLAS , July 20, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its second quarter 2022 financial results. The results are available on the Investor Relations section of Comerica's...