Comerica Incorporated (CMA)
Stock Price Chart
Key Info
| Market Cap | 5.56B |
| Revenue (ttm) | 2.53B |
| Net Income (ttm) | 609.00M |
| Shares Out | 139.04M |
| EPS (ttm) | 4.20 |
| PE Ratio | 9.53 |
| Forward PE | 21.41 |
| Dividend | $2.72 |
| Dividend Yield | 6.80% |
Stock Quote
| Trading Day | Aug 7, 2020 |
| Last Price | $40.02 |
| Previous Close | $38.13 |
| Change ($) | 1.89 |
| Change (%) | 4.96% |
| Day's Open | 37.73 |
| Day's Range | 37.31 - 40.11 |
| Day's Volume | 1,310,511 |
| 52-Week Range | 24.28 - 73.43 |
More Stats
| Market Cap | 5.56B |
| Enterprise Value | n/a |
| Earnings Date (est) | Oct 20, 2020 |
| Ex-Dividend Date | Jun 12, 2020 |
| Shares Outstanding | 139.04M |
| Float | 137.64M |
| EPS (basic) | 4.2 |
| EPS (diluted) | 4.20 |
| FCF / Share | 9.52 |
| Dividend | $2.72 |
| Dividend Yield | 6.80% |
| Earnings Yield | 10.49% |
| FCF Yield | 23.78% |
| Payout Ratio | 64.30% |
| Shares Short | 5.78M |
| Short Ratio | 2.79 |
| Short % of Float | 4.78% |
| Beta | 1.84 |
| PE Ratio | 9.53 |
| Forward PE | 21.41 |
| P/FCF Ratio | 4.21 |
| PS Ratio | 2.20 |
| PB Ratio | 0.72 |
| Revenue | 2.53B |
| Operating Income | 777.00M |
| Net Income | 609.00M |
| Free Cash Flow | 1.32B |
| Net Cash | 6.04B |
| Net Cash / Share | 43.43 |
| Gross Margin | 129.55% |
| Operating Margin | 30.74% |
| Profit Margin | 23.90% |
| FCF Margin | 52.33% |
| ROA | 0.78% |
| ROE | 8.05% |
| ROIC | 1.00% |
Analyst Summary
Analyst Consensus: Hold
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,275 | 3,329 | 3,094 | 2,600 | 2,577 | 2,485 | 2,508 | 2,519 | 2,301 | 1,957 |
| Revenue Growth | -1.62% | 7.6% | 19% | 0.89% | 3.7% | -0.92% | -0.44% | 9.47% | 17.58% | - |
| Gross Profit | 3,275 | 3,329 | 3,094 | 2,600 | 2,577 | 2,485 | 2,508 | 2,519 | 2,301 | 1,957 |
| Operating Income | 1,532 | 1,535 | 1,234 | 670 | 750 | 838 | 785 | 762 | 530 | 315 |
| Net Income | 1,198 | 1,235 | 743 | 477 | 521 | 593 | 541 | 521 | 393 | 277 |
| Shares Outstanding | 144 | 162 | 174 | 172 | 177 | 180 | 183 | 190 | 199 | 176 |
| Earnings Per Share | 7.87 | 7.20 | 4.14 | 2.68 | 2.84 | 3.16 | 2.85 | 2.67 | 2.09 | 0.88 |
| EPS Growth | 9.31% | 73.91% | 54.48% | -5.63% | -10.13% | 10.88% | 6.74% | 27.75% | 137.5% | - |
| Dividend Per Share | 2.68 | 1.84 | 1.09 | 0.89 | 0.83 | 0.79 | 0.68 | 0.55 | 0.40 | 0.25 |
| Dividend Growth | 45.65% | 68.81% | 22.47% | 7.23% | 5.06% | 16.18% | 23.64% | 37.5% | 60% | - |
| Operating Cash Flow | 1,090 | 1,616 | 1,085 | 486 | 865 | 639 | 836 | 692 | 796 | 1,286 |
| Capital Expenditures | -86.00 | -90.00 | -69.00 | -95.00 | -119 | -70.00 | -102 | -75.00 | -121 | - |
| Free Cash Flow | 1,004 | 1,526 | 1,016 | 391 | 746 | 569 | 734 | 617 | 675 | 1,286 |
| Cash & Equivalents | 5,818 | 4,561 | 5,845 | 7,218 | 6,147 | 6,071 | 6,451 | 4,534 | 3,556 | 2,083 |
| Total Debt | 7,340 | 6,507 | 4,632 | 5,185 | 3,081 | 2,791 | 3,796 | 4,830 | 5,014 | 6,268 |
| Net Cash / Debt | -1,522 | -1,946 | 1,213 | 2,033 | 3,066 | 3,280 | 2,655 | -296 | -1,458 | -4,185 |
| Assets | 73,402 | 70,818 | 71,567 | 72,978 | 71,877 | 69,186 | 65,224 | 65,069 | 61,008 | 53,667 |
| Liabilities | 66,075 | 63,311 | 63,604 | 65,182 | 64,317 | 61,784 | 58,074 | 58,127 | 54,140 | 47,874 |
| Book Value | 7,327 | 7,507 | 7,963 | 7,796 | 7,560 | 7,402 | 7,150 | 6,942 | 6,868 | 5,793 |
Company Profile
Company Details
| Full Name | Comerica Incorporated |
| Country | United States |
| Employees | 7,777 |
| CEO | Curtis Chatman Farmer |
Stock Information
| Ticker Symbol | CMA |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NYSE: CMA |
Description
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 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 governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. It also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. It also sells annuity products; and life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona and Florida, as well as in Canada and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.