Comerica/CMA

$50.77

1.05%
-
1D1W1MYTD1YMAX

About Comerica

Comerica Incorporated is a financial holding company. Its Commercial Bank segment serves small and middle market businesses, multinational corporations, and governmental entities by offering 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. Retail Bank segment includes a range of personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The segment also offers a subset of commercial products and services to micro-businesses. Wealth Management segment offers products and services consisting of fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. Finance segment includes the securities portfolio and asset and liability management activities.

Ticker

CMA

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

Curtis Farmer

Employees

7,496

Headquarters

Dallas, United States

Comerica Metrics

BasicAdvanced
$6.7B
Market cap
9.97
P/E ratio
$5.04
EPS
1.27
Beta
$2.84
Dividend rate
5.65%
Dividend yield
$6.7B
1.26717
$57.39
$34.88
2M
$2.84
52.545
52.545
56.14%
0.81%
11.87%
9.973
1.967
1.177
1.101
475.799
4.06%
5.65%
5.65%
34.68%
-47.09%
25.88%
23.09%
1.45%

What the Analysts think about Comerica

Analyst Ratings

Majority rating from 25 analysts.
Hold

Price Targets

Average projection from 20 analysts.
16.17% upside
High $72.00
Low $48.00
$50.77
Current price
$58.98
Average price target

Comerica Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
10.99% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.3B
0.64%
Net income
$138M
318.18%
Profit margin
10.99%
316.29%

Comerica Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 12.66%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.01
$1.84
$1.46
$0.98
-
Expected
$1.86
$1.69
$1.37
$1.12
$1.22
Surprise
8.08%
9.16%
6.92%
-12.66%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Comerica stock?

Comerica (CMA) has a market cap of $6.7B as of May 25, 2024.

What is the P/E ratio for Comerica stock?

The price to earnings (P/E) ratio for Comerica (CMA) stock is 9.97 as of May 25, 2024.

Does Comerica stock pay dividends?

Yes, the Comerica (CMA) stock pays dividends to shareholders. As of May 25, 2024, the dividend rate is $2.84 and the yield is 5.65%. Comerica has a payout ratio of 56.14% on a trailing twelve-month basis.

When is the next Comerica dividend payment date?

The next Comerica (CMA) dividend payment is scheduled for July 01, 2024.

What is the beta indicator for Comerica?

Comerica (CMA) has a beta rating of 1.27. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Comerica stock price target?

The target price for Comerica (CMA) stock is $58.98, which is 16.17% above the current price of $50.77. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Comerica stock

Buy or sell Comerica stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing