Comerica Statistics

Total Valuation

Comerica has a market cap or net worth of $8.93 billion.

Market Cap	8.93B
Enterprise Value	n/a

Important Dates

The last earnings date was Friday, October 18, 2024, before market open.

Earnings Date	Oct 18, 2024
Ex-Dividend Date	Sep 13, 2024

Share Statistics

Comerica has 131.51 million shares outstanding. The number of shares has increased by 0.56% in one year.

Current Share Class	131.51M
Shares Outstanding	131.51M
Shares Change (YoY)	+0.56%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.63%
Owned by Institutions (%)	87.96%
Float	130.58M

Valuation Ratios

The trailing PE ratio is 16.94 and the forward PE ratio is 12.98. Comerica's PEG ratio is 1.33.

PE Ratio	16.94
Forward PE	12.98
PS Ratio	2.85
Forward PS	2.51
PB Ratio	1.29
P/TBV Ratio	1.41
P/FCF Ratio	4.70
P/OCF Ratio	4.30
PEG Ratio	1.33

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	3.91
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 9.09%.

Return on Equity (ROE)	9.09%
Return on Assets (ROA)	0.68%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$402,009
Profits Per Employee	$68,040
Employee Count	7,863
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Comerica has paid $162.00 million in taxes.

Income Tax	162.00M
Effective Tax Rate	22.41%

Stock Price Statistics

The stock price has increased by +50.08% in the last 52 weeks. The beta is 1.24, so Comerica's price volatility has been higher than the market average.

Beta (5Y)	1.24
52-Week Price Change	+50.08%
50-Day Moving Average	62.58
200-Day Moving Average	54.70
Relative Strength Index (RSI)	58.11
Average Volume (20 Days)	1,681,689

Short Selling Information

The latest short interest is 5.12 million, so 3.89% of the outstanding shares have been sold short.

Short Interest	5.12M
Short Previous Month	4.92M
Short % of Shares Out	3.89%
Short % of Float	3.92%
Short Ratio (days to cover)	2.67

Income Statement

In the last 12 months, Comerica had revenue of $3.16 billion and earned $535.00 million in profits. Earnings per share was $4.01.

Revenue	3.16B
Gross Profit	3.16B
Operating Income	947.00M
Pretax Income	815.00M
Net Income	535.00M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$4.01

Full Income Statement

Balance Sheet

The company has $6.85 billion in cash and $7.42 billion in debt, giving a net cash position of -$571.00 million or -$4.34 per share.

Cash & Cash Equivalents	6.85B
Total Debt	7.42B
Net Cash	-571.00M
Net Cash Per Share	-$4.34
Equity (Book Value)	7.37B
Book Value Per Share	52.53
Working Capital	-58.32B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.08 billion and capital expenditures -$178.00 million, giving a free cash flow of $1.90 billion.

Operating Cash Flow	2.08B
Capital Expenditures	-178.00M
Free Cash Flow	1.90B
FCF Per Share	$14.44

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	29.96%
Pretax Margin	22.87%
Profit Margin	17.75%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	20.55%

Dividends & Yields

This stock pays an annual dividend of $2.84, which amounts to a dividend yield of 4.18%.

Dividend Per Share	$2.84
Dividend Yield	4.18%
Dividend Growth (YoY)	1.07%
Years of Dividend Growth	1
Payout Ratio	70.89%
Buyback Yield	-0.56%
Shareholder Yield	3.62%
Earnings Yield	5.99%
FCF Yield	21.27%

Dividend Details

Analyst Forecast

The average price target for Comerica is $64.32, which is -5.24% lower than the current price. The consensus rating is "Hold".

Price Target	$64.32
Price Target Difference	-5.24%
Analyst Consensus	Hold
Analyst Count	23
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	-0.40%

Stock Forecasts

Stock Splits

The last stock split was on April 2, 1998. It was a forward split with a ratio of 1.5:1.

Last Split Date	Apr 2, 1998
Split Type	Forward
Split Ratio	1.5:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4