Comerica Inc Stock Overview, Financials and Trends

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Comerica Inc is a Dallas-based bank holding company that operates in the southwestern United States. It was founded in 1849 and has a long history of providing financial services to its customers.

Comerica Inc has a market capitalization of over $15 billion and is listed on the New York Stock Exchange under the ticker symbol CMA. The company has a strong presence in the Midwest and Southwest regions.

Comerica Inc has a diverse portfolio of financial services, including personal and commercial banking, wealth management, and mortgage banking.

Stock Performance

Comerica Inc stock has been on a rollercoaster ride in the past year, with a 13.29% increase in value. This is a significant jump, but let's take a closer look at the numbers.

The current share price of Comerica Inc is $63.27, which is a 2.43% increase from last month. This is a relatively modest gain, especially when compared to the 1.47% increase in value since its IPO.

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Here are some key performance metrics to keep in mind:

Comerica Inc's beta is 1.28, which indicates that the stock is more volatile than the overall market. This means that its value can fluctuate more rapidly in response to changes in the economy.

The 52-week high and low for Comerica Inc stock are $73.45 and $45.32, respectively. This gives you an idea of the stock's price range over the past year.

Financial Data

Comerica Inc's financial health is a mixed bag. The company's cash-to-debt ratio is a strong 1.02, indicating that it has a manageable level of debt.

Comerica Inc's equity-to-asset ratio is a relatively low 0.08, suggesting that the company's assets are largely financed by debt. This is reflected in its high debt-to-equity ratio of 1.02.

The company's Piotroski F-Score is 4/9, indicating some concerns about its financial health. However, the Beneish M-Score of -2.68 suggests that the company is not likely to be involved in any financial manipulation.

Here are some key financial metrics for Comerica Inc:

Comerica Inc's growth rate is also worth noting. The company has experienced a 3-year revenue growth rate of 9.1%, which is higher than the industry average.

Competitors

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In the world of financial data, there are several competitors vying for dominance.

S&P Global Market Intelligence, a leading financial data provider, offers a wide range of data and analytics tools to help investors make informed decisions.

Bloomberg Terminal, a popular choice among financial professionals, provides real-time data and news to stay ahead of the market.

FactSet, another major player, offers a suite of financial data and analytics solutions to help investors and portfolio managers make better investment decisions.

The competition among these financial data providers is fierce, with each trying to outdo the others in terms of accuracy, speed, and depth of data.

Financial Strength

The financial strength of a company is a crucial aspect to consider when evaluating its overall health. Cash-to-debt ratio is a key metric, and in this case, it stands at 1.02, indicating a relatively strong position.

This means the company has a decent amount of cash on hand to cover its debt obligations. Equity-to-asset ratio, on the other hand, is a mere 0.08, suggesting that the company's assets are not being utilized efficiently.

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Debt-to-equity ratio is a mirror image of the equity-to-asset ratio, standing at 1.02, which is a cause for concern. A high debt-to-equity ratio can make a company vulnerable to financial distress.

Here's a summary of the key financial strength metrics:

The Piotroski F-Score, which assesses a company's financial health, stands at 4/9, indicating some areas of concern. The Beneish M-Score, on the other hand, is -2.68, suggesting that the company is likely not engaging in accounting manipulation.

USD Data

Financial data is a crucial aspect of understanding a company's performance and future prospects. Sales per share have been increasing over the years, with a notable jump from $27.30 in 2022 to $37.30 in 2024.

The price-to-earnings (P/E) ratio has also seen fluctuations, ranging from 7.92 in 2022 to 12.32 in 2024. This indicates that investors are willing to pay more for each dollar of earnings in 2024 compared to previous years.

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Dividend yield has been steadily increasing, reaching 4.59% in 2024. This suggests that investors are receiving a relatively higher return on their investment through dividends.

The equity ratio has been decreasing, from 10.58% in 2018 to 8.25% in 2024. This indicates that the company is relying more on debt financing to fund its operations.

Here's a summary of the key financial data in USD:

The company's financial data suggests a complex picture, with some positive trends and others indicating potential risks.

Dividend Calendar

The dividend calendar is a crucial tool for investors who rely on regular income from their investments. It shows the dates and amounts of upcoming dividend payments.

Comerica Inc. has a long history of paying dividends, with the first recorded payment dating back to 2000. The company has consistently paid dividends every year since then.

According to the dividend calendar, Comerica Inc. has paid a dividend of $2.84 per share in 2024, with a yield of 4.59%. This is a significant increase from the 2000 dividend of $1.60 per share, with a yield of 2.69%.

Here is a breakdown of Comerica Inc.'s dividend payments over the past 24 years:

Frequently Asked Questions

Is Comerica a good stock to buy?

Comerica has a mixed analyst consensus with 7 buy and 3 sell ratings, suggesting a neutral stance. However, with 8 hold ratings, investors may want to consider the company's fundamentals and market trends before making a decision.

How much is Comerica Bank worth?

Comerica Bank's total assets value is $79.7 billion as of September 30, 2024. This significant asset base supports the bank's financial stability and growth.

Who owns Comerica?

Comerica's ownership is comprised of institutional investors (43.59%), insiders (0.80%), and public companies and individual investors (28.52%). Learn more about Comerica's ownership structure and its implications for investors.

What is the stock symbol for Comerica?

The stock symbol for Comerica is CMA. You can find the latest stock price, quote, and news on CNBC.

Ann Lueilwitz

Senior Assigning Editor

Ann Lueilwitz is a seasoned Assigning Editor with a proven track record of delivering high-quality content to various publications. With a keen eye for detail and a passion for storytelling, Ann has honed her skills in assigning and editing articles that captivate and inform readers. Ann's expertise spans a range of categories, including Financial Market Analysis, where she has developed a deep understanding of global economic trends and their impact on markets.

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