Comerica Company Profile (NYSE:CMA)

About Comerica

Comerica logoComerica Incorporated (Comerica) is a financial services company. The Company's principal activity is lending to and accepting deposits from businesses and individuals. Comerica has its operations in three business segments: the Business Bank, the Retail Bank and Wealth Management. In addition to the three business segments, it also operates in the Finance segment. The Business Bank segment serves middle market businesses, multinational corporations and governmental entities by offering various products and services. The Retail Bank segment includes small business banking and personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance segment includes its securities portfolio, and asset and liability management activities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Diversified Banks
  • Exchange: NYSE
  • Symbol: CMA
  • CUSIP: 20034010
Key Metrics:
  • Previous Close: $52.01
  • 50 Day Moving Average: $48.26
  • 200 Day Moving Average: $45.05
  • 52-Week Range: $30.48 - $52.59
  • Trailing P/E Ratio: 21.80
  • Foreward P/E Ratio: 13.34
  • P/E Growth: 1.28
  • Market Cap: $9.00B
  • Outstanding Shares: 172,068,000
  • Beta: 1.36
  • Net Margins: 14.97%
  • Return on Equity: 6.36%
  • Return on Assets: 0.68%
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 1.01%
  • Quick Ratio: 1.01%
Additional Links:
Companies Related to Comerica:

Analyst Ratings

Consensus Ratings for Comerica (NYSE:CMA) (?)
Ratings Breakdown: 2 Sell Ratings, 16 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $46.04 (11.98% downside)

Analysts' Ratings History for Comerica (NYSE:CMA)
DateFirmActionRatingPrice TargetDetails
10/21/2016Jefferies GroupReiterated RatingHold$53.00 -> $56.00View Rating Details
10/21/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
10/21/2016Robert W. BairdReiterated RatingOutperform$52.00View Rating Details
10/21/2016RBC Capital MarketsReiterated RatingOutperform$49.00 -> $56.00View Rating Details
10/19/2016Royal Bank Of CanadaBoost Price TargetOutperform$49.00 -> $56.00View Rating Details
10/19/2016FBR & CoBoost Price TargetMkt Perform$50.00 -> $52.00View Rating Details
10/12/2016Keefe, Bruyette & WoodsReiterated RatingMarket PerformView Rating Details
10/11/2016Deutsche Bank AGBoost Price TargetHold$45.00 -> $52.00View Rating Details
10/6/2016WedbushInitiated CoverageNeutral$49.00View Rating Details
9/16/2016Goldman Sachs Group Inc.UpgradeNeutral -> Buy$52.00View Rating Details
9/15/2016Barclays PLCBoost Price TargetUnderweight$42.00 -> $45.00View Rating Details
9/6/2016Credit Agricole SABoost Price TargetOutperform$50.00 -> $53.00View Rating Details
7/20/2016Citigroup Inc.Boost Price TargetNeutral$43.00 -> $46.00View Rating Details
7/20/2016Compass PointBoost Price TargetNeutral -> Neutral$40.00 -> $44.00View Rating Details
7/17/2016Leerink SwannReiterated RatingBuyView Rating Details
7/12/2016Credit Suisse Group AGReiterated RatingHold$37.00View Rating Details
7/9/2016NomuraReiterated RatingHoldView Rating Details
7/8/2016Wells Fargo & Co.UpgradeUnderperform -> Market PerformView Rating Details
7/7/2016JPMorgan Chase & Co.Lower Price TargetNeutral$47.00 -> $43.00View Rating Details
6/29/2016Bank of America Corp.DowngradeNeutral -> Underperform$30.48 -> $36.00View Rating Details
6/3/2016Raymond James Financial Inc.Reiterated RatingOutperformView Rating Details
4/20/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
3/1/2016MacquarieLower Price TargetNeutral$39.00 -> $38.00View Rating Details
2/17/2016Evercore ISILower Price TargetHold$39.00 -> $37.00View Rating Details
1/14/2016Sterne Agee CRTLower Price Target$44.00 -> $41.00View Rating Details
12/29/2015Piper Jaffray Cos.Reiterated RatingHoldView Rating Details
11/17/2015SusquehannaBoost Price TargetNeutral$49.00 -> $50.00View Rating Details
10/19/2015Sanford C. BernsteinBoost Price TargetMarket-Perform$45.00 -> $49.00View Rating Details
8/26/2015SunTrust Banks Inc.Lower Price TargetNeutral$57.00 -> $45.00View Rating Details
6/26/2015WunderlichBoost Price TargetBuy$55.00 -> $60.00View Rating Details
4/6/2015GuggenheimDowngradeBuy -> NeutralView Rating Details
1/16/2015DA DavidsonReiterated RatingNeutral$48.00 -> $44.00View Rating Details
(Data available from 10/28/2014 forward)


Earnings History for Comerica (NYSE:CMA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2016Q316$0.74$0.84$722.01 millionViewListenView Earnings Details
7/19/2016Q216$0.69$0.58$715.37 millionViewListenView Earnings Details
4/19/2016Q116$0.45$0.34$708.94 millionViewListenView Earnings Details
1/19/2016Q415$0.69$0.71$691.90 millionViewListenView Earnings Details
10/16/2015Q315$0.69$0.74$689.28 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$640.00 millionViewListenView Earnings Details
10/17/2014Q314$0.80$0.82$638.50 million$629.00 millionViewListenView Earnings Details
7/15/2014Q214$0.76$0.80$625.82 millionViewListenView Earnings Details
4/15/2014Q114$0.72$0.73$616.25 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 (NYSE:CMA)
Current Year EPS Consensus Estimate: $2.97 EPS
Next Year EPS Consensus Estimate: $3.92 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167$0.34$0.70$0.55
Q2 20164$0.70$0.71$0.71
Q3 20164$0.70$0.78$0.76
Q4 20165$0.92$1.01$0.96
Q1 20175$0.82$0.97$0.92
Q2 20175$0.90$1.00$0.97
Q3 20175$0.99$1.04$1.01
Q4 20175$1.03$1.08$1.05
Q1 20181$1.02$1.02$1.02
Q2 20181$1.09$1.09$1.09
Q3 20181$1.13$1.13$1.13
(Data provided by Zacks Investment Research)


Current Dividend Information for Comerica (NYSE:CMA)
Annual Dividend:$0.92
Dividend Yield:1.76%
Dividend Growth:17.90% (3 Year Average)
Payout Ratio:37.25% (Based on Trailing 12 Months of Earnings)
30.98% (Based on Current Year Consensus EPS Estimate)
23.47% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

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

Insider Trades

Insider Trading History for Comerica (NYSE:CMA)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 84.59%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Comerica (NYSE:CMA)
News IconComerica Inc. (CMA) Given “Hold” Rating at BMO Capital Markets - DailyQuint (NYSE:CMA) - October 28 at 8:14 AM logoComerica Bank's Texas Index Moves Sideways (NYSE:CMA) - October 27 at 4:35 PM
News IconEVP & Chief Accounting Officer of Comerica Incorporated St (NYSE:CMA), Carr Muneera S, sells 1,986 shares worth $101,425 (NYSE:CMA) - October 26 at 10:15 AM
News Icon2 Stocks Analyst-Opinion Need Close Attention: Qorvo, Inc. (NASDAQ:QRVO), Comerica Incorporated (NYSE:CMA) - The Voice Registrar (NYSE:CMA) - October 25 at 9:31 PM logoComerica: Cause For Worry - Seeking Alpha (NYSE:CMA) - October 25 at 9:31 PM logoComerica, Inc. :CMA-US: Earnings Analysis: Q3, 2016 By the Numbers : October 25, 2016 (NYSE:CMA) - October 25 at 4:18 PM logoSurging Earnings Estimates Signal Good News for Comerica (CMA) (NYSE:CMA) - October 25 at 9:09 AM
News IconWorth Watching Stocks Buzz: KB Home (NYSE:KBH), Comerica Incorporated (NYSE:CMA), Myriad Genetics, Inc ... - NYSE Journal (press release) (NYSE:CMA) - October 24 at 9:29 AM
News IconComerica Inc (NYSE:CMA) Receives Mkt Perform Rating From FBR & Co (NYSE:CMA) - October 22 at 8:32 AM
News IconAnalysts Recom After Major Development: Comerica Incorporated ... - Seneca Globe (NYSE:CMA) - October 21 at 4:17 PM logoWhy Comerica (CMA) Stock Might be a Great Pick (NYSE:CMA) - October 21 at 12:36 PM logoCOMERICA INC /NEW/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:CMA) - October 20 at 9:15 PM logoComerica Reports 2016 Mid-Year Company-Run Stress Test Results (NYSE:CMA) - October 20 at 9:15 PM logo4 Takeaways From Comerica's Q3 EPS Beat - Benzinga (NYSE:CMA) - October 20 at 3:47 PM logo4 Takeaways From Comerica's Q3 EPS Beat (NYSE:CMA) - October 20 at 9:06 AM
News IconActive Wrathful Watching Stock: Comerica (NYSE:CMA), Coty (NYSE:COTY) - Street Wise Report (press release) (blog) (NYSE:CMA) - October 19 at 4:06 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention: Comerica Incorporated (NYSE:CMA), Alnylam Pharmaceuticals, Inc ... - The Voice Registrar (NYSE:CMA) - October 19 at 4:06 PM logoComerica Is Just a Few Dollars From a Major Upside Breakout (NYSE:CMA) - October 19 at 4:06 PM logoStocks Up As More Banks Rally; Tesla Up Big Ahead Of News Conference (NYSE:CMA) - October 19 at 4:06 PM
News IconPre Session Movers- Visa Inc. (NYSE:V), Comerica Incorporated (NYSE:CMA) - Seneca Globe (NYSE:CMA) - October 19 at 9:13 AM logoComerica's (CMA) Q3 Earnings Beat on Reduced Provisions - Nasdaq - Nasdaq (NYSE:CMA) - October 19 at 9:13 AM logoComerica's (CMA) CEO Ralph Babb on Q3 2016 Results - Earnings Call Transcript (NYSE:CMA) - October 18 at 4:12 PM logoComerica's (CMA) Q3 Earnings Beat on Reduced Provisions (NYSE:CMA) - October 18 at 4:12 PM logoComerica up 3% as GEAR Up initiative bears fruit (NYSE:CMA) - October 18 at 10:19 AM logoComerica (CMA) Q3 Earnings Improves as Revenues Rise (NYSE:CMA) - October 18 at 9:18 AM logoComerica beats 3Q profit forecasts (NYSE:CMA) - October 18 at 9:18 AM logoComerica Reports Third Quarter 2016 Net Income Of $149 Million (NYSE:CMA) - October 18 at 9:18 AM logoQ3 2016 Comerica Inc Earnings Release - Before Market Open (NYSE:CMA) - October 18 at 9:18 AM logoComerica Inc Earnings Call scheduled for 8:00 am ET today (NYSE:CMA) - October 18 at 9:18 AM logoComerica's profit rises as bad loan provision falls (NYSE:CMA) - October 18 at 9:18 AM logo[$$] Comerica Says Cost Savings Higher Than Expected (NYSE:CMA) - October 18 at 9:18 AM logoWill Comerica (CMA) Stock Go Up Further Post-Q3 Earnings? (NYSE:CMA) - October 17 at 4:11 PM
News IconCurrent Price Targets For Comerica Incorporated (NYSE:CMA) (NYSE:CMA) - October 15 at 9:04 AM logoComerica, Inc. : CMA-US: Dividend Analysis : September 15th, 2016 (record date) : By the numbers : October 14, 2016 (NYSE:CMA) - October 14 at 4:08 PM
News IconComerica Inc. (CMA) Given New $52.00 Price Target at Deutsche Bank AG - DailyQuint (NYSE:CMA) - October 13 at 8:01 AM
News IconSignificant Ownership Change: Maltese Capital Management LLC Stake in Comerica INC (CMA) Has Increased as ... - Chester News (NYSE:CMA) - October 13 at 8:01 AM
News IconRating to Follow: What To Expect After Comerica Incorporated (NYSE:CMA)’s Downgrade Rating From FBR Capital? (NYSE:CMA) - October 12 at 4:34 PM logoComerica Bank & Iron Mountain Host Third Annual 'Shred Day Phoenix' on Saturday, November 5 (NYSE:CMA) - October 12 at 4:34 PM
News IconFinancial stocks for your portfolio: SunTrust Banks, Inc. (STI), Comerica Incorporated (CMA) - The Independent Republic (NYSE:CMA) - October 12 at 8:54 AM
News IconRating Change: Comerica Inc (NYSE:CMA) Hit With “Neutral” Rating At Wedbush, Firm Sees $49.00 Stock Price (NYSE:CMA) - October 10 at 4:07 PM
News IconRating Change: Comerica Inc (NYSE:CMA) Hit With “Neutral” Rating At Wedbush, Firm Sees $49.00 Stock Price (NYSE:CMA) - October 10 at 4:07 PM logoMomentum Stocks in Focus: Regal Entertainment Group (RGC) Comerica Incorporated (CMA) Amyris, Inc. (AMRS) - iStreetWire (NYSE:CMA) - October 8 at 8:59 AM
News IconNoteworthy Rating Filing: Wedbush Reports Initiation of Comerica (NYSE:CMA). Stock to Hit $49 (NYSE:CMA) - October 7 at 4:12 PM
News IconNoteworthy Rating Filing: Wedbush Reports Initiation of Comerica (NYSE:CMA). Stock to Hit $49 - Thorold News (NYSE:CMA) - October 7 at 9:10 AM logoNoteworthy Thursday Option Activity: AMZN, ALNY, CMA (NYSE:CMA) - October 6 at 4:13 PM logoUnusual activity: Comerica & Whiting Petroleum Corp. (NYSE:CMA) - October 6 at 4:13 PM
News IconStocks Under Consideration: Targa Resources Corp (NYSE:TRGP ... - NYSE Journal (press release) (NYSE:CMA) - October 5 at 4:30 PM logoFitch Affirms Comerica's L-T IDR at 'A' Following Large Regional Bank Review; Outlook Negative - Business Wire (press release) (NYSE:CMA) - October 5 at 4:30 PM logoNext Summer, An Alternative For Detroit Baseball Fans (NYSE:CMA) - October 5 at 4:30 PM logoCitigroup, Bank Of America Join JPMorgan As Bank Breakouts (NYSE:CMA) - October 5 at 4:30 PM


Comerica (NYSE:CMA) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff