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Comerica Incorporated (CMA)

NYSE: CMA · IEX Real-Time Price · USD
77.17 3.60 (4.89%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap10.26B
Revenue (ttm)3.24B
Net Income (ttm)1.08B
Shares Out139.61M
EPS (ttm)7.63
PE Ratio10.11
Forward PE13.72
Dividend$2.72 (3.52%)
Ex-Dividend DateSep 14, 2021
Volume2,016,362
Open74.67
Previous Close73.57
Day's Range74.37 - 78.02
52-Week Range34.32 - 78.40
Beta1.61
AnalystsHold
Price Target76.93 (-0.3%)
Est. Earnings DateOct 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...

IndustryBanks
Founded1849
CEORalph Babb
Employees7,532
Stock ExchangeNYSE
Ticker SymbolCMA
Full Company Profile

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 Statements

Analyst 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.

Price Target
$76.93
(-0.31% downside)
Analyst Consensus: Hold

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.

12 hours ago - PRNewsWire

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.

1 day ago - PRNewsWire

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.

1 day ago - PRNewsWire

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.

1 day ago - PRNewsWire

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.

2 days ago - PRNewsWire

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...

6 days ago - PRNewsWire

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.

1 week ago - PRNewsWire

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.

1 week ago - PRNewsWire

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...

1 week ago - PRNewsWire

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.

3 weeks ago - Business Wire

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...

3 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

1 month ago - PRNewsWire

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.

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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?

1 month ago - Zacks Investment Research

Best Small Cap Dividend Stocks For 2021

If you're waiting for a pullback to put money to work, look no further than small caps.

Other symbols:CIMRDN
1 month ago - Forbes

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

Other symbols:AONGEJNJJPMTFCXOM
2 months ago - CNBC Television

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.

Other symbols:COFFITBKEYOZK
2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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?

2 months ago - Zacks Investment Research

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 ...

2 months ago - PRNewsWire