Comerica Incorporated (CMA)
| Market Cap | 10.26B |
| Revenue (ttm) | 3.24B |
| Net Income (ttm) | 1.08B |
| Shares Out | 139.61M |
| EPS (ttm) | 7.63 |
| PE Ratio | 10.11 |
| Forward PE | 13.72 |
| Dividend | $2.72 (3.52%) |
| Ex-Dividend Date | Sep 14, 2021 |
| Volume | 2,016,362 |
| Open | 74.67 |
| Previous Close | 73.57 |
| Day's Range | 74.37 - 78.02 |
| 52-Week Range | 34.32 - 78.40 |
| Beta | 1.61 |
| Analysts | Hold |
| Price Target | 76.93 (-0.3%) |
| Est. Earnings Date | Oct 20, 2021 |
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...
Financial Performance
In 2020, Comerica's revenue was $2.38 billion, a decrease of -27.48% compared to the previous year's $3.28 billion. Earnings were $474.00 million, a decrease of -60.43%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for Comerica stock is "Hold." The 12-month stock price forecast is 76.93, which is a decrease of -0.31% from the latest price.
News
Comerica Bank Launches gomerica Mobile Bank Bus
NAPLES, Fla., Sept. 23, 2021 /PRNewswire/ -- Comerica Bank announced gomerica, the Comerica Mobile Bank, will make its debut in Naples, Florida, on Monday, September 27.
Comerica Bank's California Index Ticks Up
DALLAS, Sept. 22, 2021 /PRNewswire/ -- Comerica Bank's California Economic Activity Index increased in July to a level of 118.3.
Comerica Bank's Texas Index Inches Higher
DALLAS, Sept. 22, 2021 /PRNewswire/ -- Comerica Bank's Texas Economic Activity Index increased in July to 125.6.
Comerica Bank's Michigan Index Improves
DALLAS, Sept. 22, 2021 /PRNewswire/ -- Comerica Bank's Michigan Economic Activity Index increased in July to a level of 107.6.
Virtual Comerica Bank Women's Business Symposium Returns to Empower Women and Support Local Nonprofits
DALLAS, Sept. 21, 2021 /PRNewswire/ -- The Comerica Bank Women's Business Symposium returns for a virtual format on Thursday, Oct. 21 from 11:30 a.m.
Empowering Conversation with Latina Leaders Celebrates Hispanic Heritage Month
DALLAS, Sept. 17, 2021 /PRNewswire/ -- Comerica Bank will celebrate Hispanic Heritage Month with a virtual roundtable of Latina leaders working to increase economic equality and prosperity for underserv...
Comerica Bank Earns Five-Star Recognition in Latest HACR Corporate Inclusion Index
DALLAS, Sept. 15, 2021 /PRNewswire/ -- Comerica Bank received five stars – the highest marking – in the category of governance as part of the 2021 HACR Corporate Inclusion Index.
313 Presents Announces Exclusive Presenting Partnership with Comerica Bank for Fox Theatre
DETROIT, Sept. 14, 2021 /PRNewswire/ -- 313 Presents today announced an expanded relationship with Comerica Bank.
Comerica Bank Detroit Lions First Down Program Enters Fifth Year Supporting Community Partners
DETROIT, Sept. 10, 2021 /PRNewswire/ -- As the Detroit Lions kick off a new and exciting era of Lions football Sunday, September 12 at Ford Field against the San Francisco 49ers, one collaborative progr...
Banks Award $71K to Four Texas Nonprofits
DALLAS--(BUSINESS WIRE)-- #Banking--Comerica Bank and FHLB Dallas partnered to award a combined $71,000 in Partnership Grant Program (PGP) funds to four Texas nonprofits.
Comerica Bank Highlights Diversity, Equity And Inclusion Progress In New Report
DALLAS, Aug. 30, 2021 /PRNewswire/ -- Comerica Bank has released its latest Diversity, Equity and Inclusion Progress Report providing an overview of the strong commitment the bank and its colleagues hav...
Comerica to Participate in Barclays Global Financial Services Conference; Announces Details for Conference Call to Re...
DALLAS, Aug. 24, 2021 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will participate in the Barclays Global Financial Services Conference on Monday, Sept. 13, 2021. Comerica Incorporate...
Comerica Bank's California Index Improves Again
DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's California Economic Activity Index increased in June to a level of 116.5. June's reading is 25.5 percent above the historical low of 92.8 set in Jun...
Comerica Bank's Texas Index Improves
DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's Texas Economic Activity Index increased in June to 125.2. June's index reading was 26.1 percent above the recent low of 99.3 set in June 2020.
Comerica Bank's Michigan Index Inches Up
DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's Michigan Economic Activity Index increased in June to a level of 107.2. June's reading was 24.9 percent higher than the historical low of 85.8 reach...
Comerica Bank Announces ESG Platform, Releases Annual Corporate Responsibility Report
DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica has released its Corporate Responsibility Report which represents the 13th consecutive report related to Comerica's Environmental, Social and Governance pe...
Comerica Incorporated (CMA) Up 5.7% Since Last Earnings Report: Can It Continue?
Comerica Incorporated (CMA) reported earnings 30 days ago. What's next for the stock?
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Comerica Declares Common and Preferred Stock Dividends
DALLAS, July 27, 2021 /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 payab...
Comerica Bank Names Bob Buchanan Senior Vice President, National Practice Leader - Business Transition Planning
DALLAS, July 26, 2021 /PRNewswire/ -- Comerica Bank announced that Bob Buchanan has been named Senior Vice President and National Practice Leader – Business Transition Planning. Buchanan joined Comerica...
Financials, basic materials, energy sectors are stocks Neuberger Berman's Salzmann recommends
Eli Salzmann, portfolio manager of The Neuberger Berman Large Cap Value Fund, joins 'The Exchange' to discuss the future of the market with Kelly Evans. He values traditional financial and energy stocks...
Bank Stock Roundup: KEY, CMA, FITB, COF & OZK in Focus on Q2 Earnings Beat
Major banks like KeyCorp (KEY), Comerica (CMA), Fifth Third (FITB), Capital One (COF) & Bank OZK (OZK) surpass Q2 earnings estimates on solid fee income growth and reserve releases.
Comerica (CMA) Q2 Earnings Top Estimates on Reserve Release
Comerica's (CMA) Q2 results reflect fee income strength and lower provisions. However, lower loan balance and higher expenses have been spoilsports.
Comerica Incorporated (CMA) Q2 Earnings and Revenues Top Estimates
Comerica Incorporated (CMA) delivered earnings and revenue surprises of 43.21% and 3.63%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Comerica Reports Second Quarter 2021 Earnings Results
DALLAS, July 21, 2021 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its second quarter 2021 financial results. The results are available on the Investor Relations section of Comerica's ...