Comerica Incorporated Company Profile (NYSE:CMA)

About Comerica Incorporated (NYSE:CMA)

Comerica Incorporated logoComerica Incorporated is a financial services company. The Company's principal activity is lending to and accepting deposits from businesses and individuals. The Company's segments include the Business Bank, the Retail Bank, Wealth Management, Finance and Other. The Business Bank serves 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. The Retail Bank includes small business banking and personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The Wealth Management segment offers products and services consisting of fiduciary services, private banking, retirement services, investment advisory services, investment banking and brokerage services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Diversified Banks
  • Symbol: NYSE:CMA
  • CUSIP: 20034010
  • Web:
  • Market Cap: $12.22 billion
  • Outstanding Shares: 176,936,000
Average Prices:
  • 50 Day Moving Avg: $69.47
  • 200 Day Moving Avg: $68.12
  • 52 Week Range: $36.82 - $75.00
  • Trailing P/E Ratio: 20.01
  • Foreward P/E Ratio: 13.79
  • P/E Growth: 0.71
Sales & Book Value:
  • Annual Revenue: $2.78 billion
  • Price / Sales: 4.40
  • Book Value: $44.69 per share
  • Price / Book: 1.55
  • Annual Dividend: $0.92
  • Dividend Yield: 1.5%
  • Net Margins: 16.00%
  • Return on Equity: 6.92%
  • Return on Assets: 0.74%
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 1.00%
  • Quick Ratio: 1.01%
  • Average Volume: 1.75 million shs.
  • Beta: 1.43
  • Short Ratio: 3.17

Frequently Asked Questions for Comerica Incorporated (NYSE:CMA)

What is Comerica Incorporated's stock symbol?

Comerica Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMA."

How often does Comerica Incorporated pay dividends? What is the dividend yield for Comerica Incorporated?

Comerica Incorporated declared a quarterly dividend on Tuesday, April 25th. Investors of record on Thursday, June 15th will be paid a dividend of $0.26 per share on Saturday, July 1st. This represents a $1.04 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Tuesday, June 13th. This is a boost from Comerica Incorporated's previous quarterly dividend of $0.23. View Comerica Incorporated's Dividend History.

How were Comerica Incorporated's earnings last quarter?

Comerica Incorporated (NYSE:CMA) posted its quarterly earnings results on Tuesday, April, 18th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.01 by $0.10. The company earned $741 million during the quarter, compared to analysts' expectations of $735.06 million. Comerica Incorporated had a net margin of 16.00% and a return on equity of 6.92%. During the same quarter in the previous year, the company posted $0.34 earnings per share. View Comerica Incorporated's Earnings History.

When will Comerica Incorporated make its next earnings announcement?

Comerica Incorporated is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Comerica Incorporated.

Where is Comerica Incorporated's stock going? Where will Comerica Incorporated's stock price be in 2017?

22 equities research analysts have issued 12 month price objectives for Comerica Incorporated's stock. Their forecasts range from $36.00 to $81.00. On average, they anticipate Comerica Incorporated's share price to reach $57.73 in the next year. View Analyst Ratings for Comerica Incorporated.

What are analysts saying about Comerica Incorporated stock?

Here are some recent quotes from research analysts about Comerica Incorporated stock:

  • 1. According to Zacks Investment Research, "Comerica’s shares outperformed the Zacks categorized Regional Banks-Major industry over the last six months. Also, the company’s first-quarter 2017 adjusted earnings per share surpassed the Zacks Consensus Estimate on higher revenues, along with lower expenses and provisions. Though decline in loans and several regulatory overhangs remain headwinds, the company’s future prospects look promising as it revised the financial targets for revenue and efficiency initiatives (GEAR Up). Further, easing of pressure on margin driven by the Fed interest rate hikes (in Dec 2015 and Mar 2017) is encouraging. Also, Comerica’s active involvement in capital deployment activities acts as a tailwind." (4/21/2017)
  • 2. FBR & Co analysts commented, "We reiterate our Market Perform rating and $74 price target, equal to 16.1x our 2018 operating EPS estimate and 1.8x TBV, on Comerica Incorporated following 4Q16 results. This was a good quarter for Comerica with upside from lower expenses as the company's GEAR-Up initiative is starting to bear fruit, but investors were disappointed with CMA's guidance for 2017 loan growth roughly in line with real GDP. Given its markets and improving customer sentiment, the expectation was for more. Still, given expected GEAR-Up cost benefits and rate-induced revenue benefits, we believe CMA can achieve a double-digit ROTCE and sub-60% operating efficiency ratio by year-end. We remain on the sidelines given the muted growth outlook and relative valuation. To reflect lower expenses and the benefit from higher rates, mitigated by slower growth, we raise our 2017 operating EPS estimate to $3.90 (from $3.75) and our 2018 EPS estimate to $4.60 (from $4.45)." (1/17/2017)

Who are some of Comerica Incorporated's key competitors?

Who owns Comerica Incorporated stock?

Comerica Incorporated's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.62%), BlackRock Inc. (6.37%), State Street Corp (5.07%), FMR LLC (4.31%), Wellington Management Group LLP (2.79%) and American Century Companies Inc. (2.44%). Company insiders that own Comerica Incorporated stock include David E Duprey, De Ven Michael G Van, Judith S Love, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Paul R Obermeyer, Peter William Guilfoile and Ralph W Babb, Jr. View Institutional Ownership Trends for Comerica Incorporated.

Who sold Comerica Incorporated stock? Who is selling Comerica Incorporated stock?

Comerica Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Harris Associates L P, FMR LLC, American Century Companies Inc., Pzena Investment Management LLC, SG Americas Securities LLC, Credit Agricole S A, Candriam Luxembourg S.C.A. and EJF Capital LLC. Company insiders that have sold Comerica Incorporated stock in the last year include David E Duprey, Judith S Love, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Paul R Obermeyer, Peter William Guilfoile and Ralph W Babb, Jr. View Insider Buying and Selling for Comerica Incorporated.

Who bought Comerica Incorporated stock? Who is buying Comerica Incorporated stock?

Comerica Incorporated's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Ameriprise Financial Inc., AQR Capital Management LLC, Janus Capital Management LLC, Vanguard Group Inc., JPMorgan Chase & Co., Kingdon Capital Management L.L.C. and Bank of Nova Scotia. View Insider Buying and Selling for Comerica Incorporated.

How do I buy Comerica Incorporated stock?

Shares of Comerica Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Comerica Incorporated stock cost?

One share of Comerica Incorporated stock can currently be purchased for approximately $69.07.

Analyst Ratings

Consensus Ratings for Comerica Incorporated (NYSE:CMA) (?)
Ratings Breakdown: 2 Sell Ratings, 12 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $57.73 (16.41% downside)

Analysts' Ratings History for Comerica Incorporated (NYSE:CMA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Jefferies Group LLCReiterated RatingBuy$81.00N/AView Rating Details
4/22/2017Barclays PLCReiterated RatingUnderweight$69.00 -> $72.00MediumView Rating Details
4/19/2017Deutsche Bank AGBoost Price TargetHold$74.00MediumView Rating Details
4/19/2017FBR & CoReiterated RatingMarket Perform$74.00MediumView Rating Details
4/18/2017Keefe, Bruyette & WoodsSet Price TargetBuy$73.00LowView Rating Details
4/4/2017Royal Bank of CanadaReiterated RatingBuy$78.00MediumView Rating Details
1/31/2017Robert W. BairdDowngradeOutperform -> NeutralN/AView Rating Details
1/31/2017Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
1/10/2017Citigroup IncDowngradeNeutral -> SellN/AView Rating Details
1/5/2017JPMorgan Chase & Co.UpgradeNeutral -> OverweightN/AView Rating Details
12/28/2016Sanford C. BernsteinReiterated RatingMarket PerformN/AView Rating Details
12/19/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
12/15/2016Bank of America CorpUpgradeUnderperform -> NeutralN/AView Rating Details
11/30/2016WedbushBoost Price TargetNeutral$58.00 -> $61.00N/AView Rating Details
10/21/2016BMO Capital MarketsReiterated RatingHoldN/AView Rating Details
9/16/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$52.00N/AView Rating Details
7/20/2016Compass PointBoost Price TargetNeutral -> Neutral$40.00 -> $44.00N/AView Rating Details
7/17/2016Leerink SwannReiterated RatingBuyN/AView Rating Details
7/12/2016Credit Suisse Group AGReiterated RatingHold$37.00N/AView Rating Details
7/9/2016NomuraReiterated RatingHoldN/AView Rating Details
7/8/2016Wells Fargo & CoUpgradeUnderperform -> Market PerformN/AView Rating Details
6/3/2016Raymond James Financial, Inc.Reiterated RatingOutperformN/AView Rating Details
3/1/2016MacquarieLower Price TargetNeutral$39.00 -> $38.00N/AView Rating Details
2/17/2016Evercore ISILower Price TargetHold$39.00 -> $37.00N/AView Rating Details
1/14/2016Sterne Agee CRTLower Price Target$44.00 -> $41.00N/AView Rating Details
12/29/2015Piper Jaffray CompaniesReiterated RatingHoldN/AView Rating Details
11/17/2015Susquehanna Bancshares IncBoost Price TargetNeutral$49.00 -> $50.00N/AView Rating Details
8/26/2015SunTrust Banks, Inc.Lower Price TargetNeutral$57.00 -> $45.00N/AView Rating Details
6/26/2015WunderlichBoost Price TargetBuy$55.00 -> $60.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Comerica Incorporated (NYSE:CMA)
Earnings by Quarter for Comerica Incorporated (NYSE:CMA)
Earnings History by Quarter for Comerica Incorporated (NYSE:CMA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017Q1 2017$1.01$1.11$735.06 million$741.00 millionViewN/AView Earnings Details
1/17/2017Q416$0.87$0.92$728.90 million$722.00 millionViewListenView Earnings Details
10/18/2016Q316$0.74$0.84$722.64 million$722.00 millionViewListenView Earnings Details
7/19/2016Q216$0.69$0.58$716.95 million$714.00 millionViewListenView Earnings Details
4/19/2016Q116$0.45$0.34$708.21 million$693.00 millionViewListenView Earnings Details
1/19/2016Q415$0.69$0.71$693.23 million$703.00 millionViewListenView Earnings Details
10/16/2015Q315$0.69$0.74$691.87 million$686.00 millionViewListenView Earnings Details
7/17/2015Q215$0.75$0.73$673.25 million$682.00 millionViewListenView Earnings Details
4/17/2015Q115$0.73$0.73$626.93 million$669.00 millionViewListenView Earnings Details
1/16/2015Q414$0.77$0.80$634.20 million$640.00 millionViewListenView Earnings Details
10/17/2014Q314$0.80$0.79$638.50 million$629.00 millionViewListenView Earnings Details
7/15/2014Q214$0.76$0.80$626.35 million$636.00 millionViewListenView Earnings Details
4/15/2014Q114$0.72$0.73$614.03 million$618.00 millionViewListenView Earnings Details
1/17/2014Q413$0.74$0.77$619.10 millionViewListenView Earnings Details
10/16/2013Q313$0.71$0.78$618.37 millionViewListenView Earnings Details
7/16/2013Q2 2013$0.70$0.76$621.67 million$622.00 millionViewListenView Earnings Details
4/16/2013Q1 2013$0.68$0.70$622.14 millionViewListenView Earnings Details
1/16/2013Q4 2012$0.65$0.68$620.47 millionViewListenView Earnings Details
10/17/2012$0.66$0.61ViewN/AView Earnings Details
7/17/2012$0.62$0.73ViewN/AView Earnings Details
4/17/2012$0.56$0.66ViewN/AView Earnings Details
1/20/2012$0.54$0.60ViewN/AView Earnings Details
10/19/2011$0.55$0.51ViewN/AView Earnings Details
7/19/2011$0.53$0.53ViewN/AView Earnings Details
4/19/2011$0.48$0.57ViewN/AView Earnings Details
1/18/2011$0.31$0.53ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Comerica Incorporated (NYSE:CMA)
2017 EPS Consensus Estimate: $4.25
2018 EPS Consensus Estimate: $4.73
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.90$1.06$0.97
Q2 20175$0.94$1.06$1.03
Q3 20175$1.02$1.14$1.11
Q4 20175$1.04$1.21$1.15
Q1 20182$1.04$1.13$1.09
Q2 20182$1.12$1.20$1.16
Q3 20182$1.19$1.24$1.22
Q4 20182$1.25$1.29$1.27
(Data provided by Zacks Investment Research)


Current Dividend Information for Comerica Incorporated (NYSE:CMA)
Next Dividend:7/1/2017
Annual Dividend:$0.92
Dividend Yield:1.33%
Dividend Growth:9.60% (3 Year Average)
Payout Ratio:34.33% (Trailing 12 Months of Earnings)
20.91% (Based on This Year's Estimates)
18.36% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Comerica Incorporated (NYSE:CMA)

Dividend History by Quarter for Comerica Incorporated (NYSE:CMA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Comerica Incorporated (NYSE:CMA)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 81.74%
Insider Trades by Quarter for Comerica Incorporated (NYSE:CMA)
Institutional Ownership by Quarter for Comerica Incorporated (NYSE:CMA)
Insider Trades by Quarter for Comerica Incorporated (NYSE:CMA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017Ralph W. Babb, Jr.CEOSell83,600$70.94$5,930,584.00View SEC Filing  
1/31/2017David E. DupreyCFOSell59,000$67.82$4,001,380.00View SEC Filing  
1/31/2017Megan D. BurkhartEVPSell28,800$67.58$1,946,304.00View SEC Filing  
1/31/2017Paul R. ObermeyerInsiderSell15,235$67.79$1,032,780.65View SEC Filing  
1/25/2017De Ven Michael G VanDirectorBuy5,000$69.14$345,700.00View SEC Filing  
1/25/2017Muneera S. CarrEVPSell1,368$69.13$94,569.84View SEC Filing  
1/20/2017Judith S. LoveInsiderSell36,900$66.77$2,463,813.00View SEC Filing  
1/20/2017Muneera S. CarrEVPSell1,125$66.82$75,172.50View SEC Filing  
11/23/2016Paul R. ObermeyerInsiderSell198$61.96$12,268.08View SEC Filing  
11/21/2016Megan D. BurkhartEVPSell4,373$60.72$265,528.56View SEC Filing  
11/21/2016Peter William GuilfoileInsiderSell106$60.68$6,432.08View SEC Filing  
11/2/2016Michael T. RitchieInsiderSell2,362$50.90$120,225.80View SEC Filing  
10/21/2016Muneera S. CarrEVPSell1,986$51.07$101,425.02View SEC Filing  
8/25/2016Paul R. ObermeyerInsiderSell2,302$45.92$105,707.84View SEC Filing  
3/3/2015Peter William GuilfoileEVPSell1,200$45.81$54,972.00View SEC Filing  
8/22/2014Jon W BilstromEVPSell3,683$50.56$186,212.48View SEC Filing  
8/22/2014Muneera S CarrCAOSell1,403$50.09$70,276.27View SEC Filing  
8/7/2014Michael T RitchieEVPSell1,873$49.30$92,338.90View SEC Filing  
5/30/2014Jon W BilstromEVPSell2,416$47.70$115,243.20View SEC Filing  
5/28/2014Paul R ObermeyerEVPSell8,057$47.15$379,887.55View SEC Filing  
2/5/2014John KillianEVPSell18,906$44.56$842,451.36View SEC Filing  
1/24/2014J Michael FultonEVPSell7,234$47.52$343,759.68View SEC Filing  
7/23/2013David E DupreyEVPSell7,314$42.51$310,918.14View SEC Filing  
7/18/2013Jon W BilstromEVPSell13,148$42.19$554,714.12View SEC Filing  
5/17/2013Thomas D OgdenEVPSell1,987$39.78$79,042.86View SEC Filing  
10/22/2012Jacqueline P KaneDirectorBuy1,000$29.39$29,390.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Comerica Incorporated (NYSE:CMA)
Latest Headlines for Comerica Incorporated (NYSE:CMA)
DateHeadline logoWells Fargo's Ratings Affirmed by Moody's, Outlook Stable - May 25 at 5:53 PM logoCitigroup (C) Settles Money Laundering Probe, To Pay $97M - May 23 at 12:47 PM logoBlackstone to Create Investment Vehicle with PIF for $40B - May 23 at 12:47 PM logoNobody likes $31 million Universal deal for Prince music - May 22 at 12:34 PM logoUnkind Margin and Cost Might Upset Deutsche Bank (DB) Stock - May 19 at 8:40 AM logoComerica, Inc. breached its 50 day moving average in a Bearish Manner : CMA-US : May 18, 2017 - May 18 at 11:08 AM logoKeyCorp Hikes Dividend by 11.8%: Time to Own the Stock? - May 18 at 11:08 AM logo3 Reasons Why You Should Buy Bank of Hawaii (BOH) Stock Now - May 17 at 11:33 AM logoJPMorgan May Tap Growing Saudi Market with More Bankers - May 12 at 4:53 PM logo4 Reasons to Buy Enterprise Financial (EFSC) Stock Now - May 11 at 4:58 PM logo$769.22 Million in Sales Expected for Comerica Incorporated (CMA) This Quarter - May 10 at 11:54 AM logo"Comerica Park Perks" Returns for Detroit Tigers' 2017 Season - May 9 at 4:21 PM logo Brokerages Expect Comerica Incorporated (CMA) to Post $1.07 EPS - May 8 at 9:56 AM logo3 Reasons to Add Comerica (CMA) Stock to Your Portfolio Now - May 8 at 9:51 AM logoComerica Bank Names Cody D. Kiser Fort Worth Market President - May 8 at 9:51 AM logoJefferies Group LLC Reaffirms Buy Rating for Comerica Incorporated (CMA) - May 6 at 7:36 AM logoSomewhat Positive Media Coverage Very Likely to Affect Comerica (CMA) Stock Price - May 5 at 11:22 PM logoComerica Bank hosts free document shredding and electronic collection event at Comerica Park - May 3 at 4:21 PM logoETFs with exposure to Comerica, Inc. : May 3, 2017 - May 3 at 4:21 PM logoInsider Selling: Comerica Incorporated (CMA) CEO Sells 83,600 Shares of Stock - May 2 at 9:20 PM logoComerica (CMA) Earning Somewhat Favorable Media Coverage, Study Finds - May 2 at 7:56 PM logoComerica, Inc. :CMA-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017 - May 2 at 7:30 PM logoComerica Incorporated (CMA) Receives Average Rating of "Hold" from Analysts - May 1 at 9:14 PM logoComerica (CMA) Receiving Somewhat Negative News Coverage, Report Shows - April 29 at 11:15 AM logoRevisiting the Trump Trade: Zacks Industry Rank Analysis - April 27 at 4:50 PM logoSomewhat Positive Press Coverage Very Likely to Impact Comerica (CMA) Share Price - April 26 at 10:32 PM logoComerica Bank's Texas Index Continues to Improve - April 26 at 5:16 PM logoComerica Bank's California Index Ticks Up - April 26 at 5:16 PM logoComerica Bank's Michigan Index Eases - April 26 at 5:16 PM logoComerica Incorporated (CMA) Increases Dividend to $0.26 Per Share - April 25 at 4:51 PM logoComerica Directors Increase Quarterly Dividend 13 Percent to 26 Cents per Share - April 25 at 4:11 PM logoForm 8-K COMERICA INC /NEW/ For: Apr 25 - April 25 at 12:09 PM logoComerica, Inc. breached its 50 day moving average in a Bullish Manner : CMA-US : April 25, 2017 - April 25 at 12:09 PM logoNoteworthy Monday Option Activity: AMG, CMA, MCD - April 24 at 4:16 PM logoWhy Trump Is Causing Companies To Save Cash — Not Invest It - April 24 at 4:16 PM logoPost Earnings Coverage as Comerica's Q1 Bottom-line Surged 239% - April 24 at 9:32 AM logoComerica Incorporated Expected to Earn Q2 2017 Earnings of $1.05 Per Share (CMA) - April 24 at 8:14 AM logoComerica Incorporated (CMA) Given a $73.00 Price Target by Keefe, Bruyette & Woods Analysts - April 22 at 9:02 PM logoComerica Incorporated (CMA) Upgraded to "Strong-Buy" at Zacks Investment Research - April 21 at 8:04 PM logoFBR & Co Comments on Comerica Incorporated's FY2018 Earnings (CMA) - April 21 at 4:56 PM logoComerica Incorporated (CMA) to Post FY2018 Earnings of $4.86 Per Share, SunTrust Banks Forecasts - April 21 at 4:56 PM logoBrokers Offer Predictions for Comerica Incorporated's FY2017 Earnings (CMA) - April 21 at 2:09 PM logoComerica Incorporated to Post Q2 2017 Earnings of $1.03 Per Share, DA Davidson Forecasts (CMA) - April 21 at 10:31 AM logoNew Strong Buy Stocks for April 21st - April 21 at 9:33 AM logoSomewhat Favorable Media Coverage Very Likely to Affect Comerica (CMA) Stock Price - April 20 at 6:17 PM logoPost Earnings Coverage as Wells Fargo Q1 Diluted EPS Beat Estimates - April 20 at 4:29 PM logoWedbush Analysts Raise Earnings Estimates for Comerica Incorporated (CMA) - April 20 at 10:53 AM logoQ1 2017 Earnings Forecast for Comerica Incorporated (CMA) Issued By SunTrust Banks - April 20 at 9:47 AM logoComerica Incorporated (CMA) Given "Hold" Rating at Deutsche Bank AG - April 19 at 11:56 PM logoComerica Incorporated (CMA) Earns "Market Perform" Rating from FBR & Co - April 19 at 4:23 PM



Comerica Incorporated (CMA) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff