Comerica Incorporated(CMA) Stock Research - Grey Stern Research

Comerica Incorporated (CMA) Stock Analysis

$70.80 (-0.34%)

CMA Financial Performance


Use the table below to view Comerica Incorporated's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $70.80 -
52 Week Low $45.32 -
52 Week High $73.45 -
Market Cap $9.3 Billion 9/11
Gross Margin 100% 1/11
Profit Margin 19% 5/11
EBITDA margin 24% 5/11
Q2 - 2024 Revenue $982.0 Million 10/11
Q2 - 2024 Earnings $184.0 Million 9/11
Q2 - 2024 Free Cash Flow $0 Million 5/11
Trailing 4 Quarters Revenue $4.8 Billion 8/11
Trailing 4 Quarters Earnings $559.0 Million 8/11
Quarterly Earnings Growth -27% 9/11
Annual Earnings Growth -48% 8/11
Quarterly Revenue Growth 10% 7/11
Annual Revenue Growth 32% 5/11
Cash On Hand $870.0 Million 7/11
Short Term Debt $0 9/11
Long Term Debt $6.8 Billion 6/11

Comerica Incorporated Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Comerica Incorporated's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 16.66 2/11
PS 1.93 8/11
PB 0.13 11/11
PC 10.70 1/11
Liabilities to Equity 0.92 11/11
ROA 0.01 1/11
ROE 0.08 7/11
Current Ratio 11.74 1/11
Quick Ratio 0.18 5/11
Long Term Debt to Equity 0.92 5/11
Debt to Equity 0.92 5/11
Burn Rate 9.95 5/11
Cash to Cap 0.09 7/11
CCR 6/11
EV to EBITDA 64.80 2/11
EV to Revenue 3.15 5/11

Company Details

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 governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also sells annuity products, as well as 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, Florida, 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.

CEO: Mr. Curtis Chatman Farmer

Website: https://www.comerica.com

Address: 1717 Main St # MC6404 Dallas, TEXAS

Exchange: New York Stock Exchange

Industry: Banks—Regional

Comerica Incorporated Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Comerica Incorporated. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
KeyCorp KEY $18.6 Billion
Regions Financial Corporation RF $23.9 Billion
U.S. Bancorp USB $81.3 Billion
Huntington Bancshares Incorporated HBAN $25.6 Billion
Zions Bancorporation, National Association ZION $8.8 Billion
The PNC Financial Services Group, Inc. PNC $82.9 Billion
First Horizon Corporation FHN $10.9 Billion
Western Alliance Bancorporation WAL $10.2 Billion
PacWest Bancorp PACW $904.5 Million
Truist Financial Corporation TFC $61.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
CMA Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 982.0 Million $184.0 Million
Q2 2024 $ 1.2 Billion $205.0 Million
Q1 2024 $ 1.3 Billion $137.0 Million
Q4 2023 $ 1.3 Billion $33.0 Million
Q3 2023 $ 896.0 Million $251.0 Million
Q2 2023 $ 924.0 Million $273.0 Million
Q1 2023 $ 990.0 Million $324.0 Million
Q4 2022 $ 1.0 Billion $350.0 Million

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CMA Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $870.0 Million $79.7 Billion $6.8 Billion $7.4 Billion
Q2 2024 $719.0 Million $79.6 Billion $8.4 Billion $6.2 Billion
Q1 2024 $689.0 Million $79.4 Billion $7.1 Billion $6.1 Billion
Q4 2023 $1.4 Billion $85.8 Billion $9.8 Billion $6.4 Billion
Q3 2023 $8.1 Billion $85.7 Billion $10.9 Billion $5.0 Billion
Q2 2023 $10.2 Billion $90.8 Billion $16.5 Billion $5.6 Billion
Q1 2023 $10.7 Billion $91.1 Billion $18.1 Billion $6.0 Billion
Q4 2022 $6.3 Billion $85.4 Billion $6.2 Billion $5.2 Billion

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CMA Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $0 $0 $0
Q1 2024 $548.0 Million $0 $548.0 Million
Q4 2023 $0 $0 $0
Q3 2023 -$217.0 Million -$39.0 Million -$2.1 Billion
Q2 2023 -$188.0 Million -$33.0 Million -$511.0 Million
Q1 2023 $441.0 Million -$21.0 Million $4.5 Billion
Q4 2022 $573.0 Million -$24.0 Million $312.0 Million
Q3 2022 $434.0 Million $0 -$1.6 Billion

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