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: $46.85
  • 50 Day Moving Average: $44.99
  • 200 Day Moving Average: $41.52
  • Trailing P/E Ratio: 20.34
  • Foreward P/E Ratio: 13.20
  • P/E Growth: 1.66
  • Market Cap: $8.15B
  • Outstanding Shares: 173,902,000
  • Beta: 1.48
Additional Links:
Companies Related to Comerica:

Analyst Ratings

Consensus Ratings for Comerica (NYSE:CMA) (?)
Ratings Breakdown: 2 Sell Ratings, 17 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.19)
Consensus Price Target: $43.59 (6.96% downside)

Analysts' Ratings History for Comerica (NYSE:CMA)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016Robert W. BairdReiterated RatingOutperformView Rating Details
7/20/2016RBC Capital MarketsReiterated RatingOutperform$46.00 -> $49.00View Rating Details
7/20/2016Citigroup Inc.Boost Price TargetNeutral$43.00 -> $46.00View Rating Details
7/20/2016BMO Capital MarketsReiterated RatingHold$41.00 -> $43.00View Rating Details
7/20/2016Royal Bank Of CanadaBoost Price TargetOutperform$46.00 -> $49.00View Rating Details
7/20/2016Compass PointBoost Price TargetNeutral -> Neutral$40.00 -> $44.00View Rating Details
7/20/2016FBR & CoBoost Price TargetOutperform$48.00 -> $50.00View 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
7/9/2016Barclays PLCReiterated RatingSellView 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
6/4/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
6/3/2016Raymond James Financial Inc.Reiterated RatingOutperformView Rating Details
5/26/2016Goldman Sachs Group Inc.UpgradeSell -> Neutral$49.00View Rating Details
4/20/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
4/20/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$41.00 -> $42.00View Rating Details
3/14/2016Credit Agricole SAUpgradeUnderperform -> OutperformView 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
10/6/2015Jefferies GroupLower Price TargetHold$52.00 -> $46.00View 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
10/20/2014Rafferty Capital MarketsDowngradeBuy -> HoldView Rating Details
10/20/2014Sandler O'NeillUpgradeHold -> Buy$52.00 -> $49.00View Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Comerica (NYSE:CMA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/14/2016        
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)

Estimates

Earnings Estimates for Comerica (NYSE:CMA)
Current Year EPS Consensus Estimate: $2.72 EPS
Next Year EPS Consensus Estimate: $3.55 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$0.74
Q4 20164$0.76$0.85$0.80
Q1 20172$0.76$0.79$0.78
Q2 20172$0.86$0.86$0.86
Q3 20172$0.89$1.00$0.95
Q4 20172$0.89$1.06$0.98
Q1 20181$0.87$0.87$0.87
Q2 20181$0.92$0.92$0.92
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Comerica (NYSE:CMA)
Annual Dividend:$0.88
Dividend Yield:1.88%
Payout Ratio:37.13% (Based on Trailing 12 Months of Earnings)
32.35% (Based on Current Year Consensus EPS Estimate)
24.79% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:17.90% (3 Year Average)

Dividend History for Comerica (NYSE:CMA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2016quarterly$0.232.02%9/13/20169/15/201610/1/2016
4/26/2016quarterly$0.221.93%6/13/20166/15/20167/1/2016
1/26/2016quarterly$0.212.51%3/11/20163/15/20164/1/2016
11/10/2015quarterly$0.211.81%12/11/201512/15/20151/1/2016
7/28/2015quarterly$0.211.76%9/11/20159/15/201510/1/2015
4/28/2015quarterly$0.211.77%6/11/20156/15/20157/1/2015
1/27/2015quarterly$0.201.94%3/11/20153/13/20154/1/2015
11/11/2014quarterly$0.201.63%12/11/201412/15/20141/1/2015
7/22/2014quarterly$0.201.62%9/11/20149/15/201410/1/2014
4/22/2014quarterly$0.201.62%6/11/20146/13/20147/1/2014
1/21/2014quarterly$0.191.52%3/12/20143/14/20144/1/2014
11/12/2013quarterly$0.171.52%12/11/201312/13/20131/1/2014
7/23/2013quarterly$0.171.59%9/11/20139/13/201310/1/2013
4/23/2013quarterly$0.171.9%6/12/20136/14/20137/1/2013
1/22/2013quarterly$0.172.03%3/13/20133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Comerica (NYSE:CMA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Comerica (NYSE:CMA)
DateHeadline
thestreet.com logoBank of America and Comerica: 2 Bank Stocks to Buy Now (NYSE:CMA)
www.thestreet.com - August 26 at 4:12 PM
News IconNotable Traders Recap: Comerica Incorporated (NYSE:CMA), Cousins Properties Inc (NYSE:CUZ) - NYSE Journal (press release) (NYSE:CMA)
stockznews.com - August 24 at 10:18 AM
cnbc.com logoHow Wall Street banks can keep their new investors happy (NYSE:CMA)
www.cnbc.com - August 24 at 10:18 AM
4-traders.com logoComerica Incorporated : Quarterly Earnings And Conference Call October 18 (NYSE:CMA)
www.4-traders.com - August 23 at 9:31 PM
publicnow.com logoComerica Quarterly Earnings And Conference Call October 18 (NYSE:CMA)
www.publicnow.com - August 23 at 9:31 PM
News IconStocks Trending Alert: Comerica Incorporated (NYSE:CMA), Ocean Rig UDW Inc. (NASDAQ:ORIG) - NYSE Journal (press release) (NYSE:CMA)
stockznews.com - August 22 at 4:20 PM
istreetwire.com logoWorth Watching Stocks: Kate Spade & Company (KATE), Comerica Incorporated (CMA), American Express Company ... - iStreetWire (NYSE:CMA)
istreetwire.com - August 19 at 3:22 PM
thestreet.com logoActivist Hedge Fund Hudson Cuts Comerica Stake as Bank Punts on Sale (NYSE:CMA)
www.thestreet.com - August 18 at 4:18 PM
realistinvestor.com logoAnalysts Set $46.352 Price Target For Comerica Incorporated (NYSE:CMA) (NYSE:CMA)
www.realistinvestor.com - August 16 at 4:21 PM
finance.yahoo.com logoLegg Mason (LM) to Offload Entire Stake in LMM LLC (NYSE:CMA)
finance.yahoo.com - August 15 at 11:32 AM
nasdaq.com logo5 Reasons Why You Should Buy Comerica (CMA) Stock Now - Nasdaq (NYSE:CMA)
www.nasdaq.com - August 11 at 11:23 AM
finance.yahoo.com logo5 Reasons Why You Should Buy Comerica (CMA) Stock Now (NYSE:CMA)
finance.yahoo.com - August 11 at 11:23 AM
tradecalls.org logoLarge Inflow of Money Detected in Comerica Incorporated - Trade Calls (NYSE:CMA)
www.tradecalls.org - August 10 at 5:30 AM
finance.yahoo.com logoWells Fargo (WFC) to Acquire Analytic Investors, Boosts AUM (NYSE:CMA)
finance.yahoo.com - August 9 at 5:14 PM
finance.yahoo.com logoWells Fargo's (WFC) Bid Dismissed in the SEC Lawsuit (NYSE:CMA)
finance.yahoo.com - August 8 at 4:24 PM
equities.com logoComerica Incorporated (CMA) Pops 3.12% for August 05 - Equities.com (NYSE:CMA)
www.equities.com - August 6 at 4:41 PM
finance.yahoo.com logoCOMERICA INC /NEW/ Financials (NYSE:CMA)
finance.yahoo.com - August 6 at 4:41 PM
capitalcube.com logoETF’s with exposure to Comerica, Inc. : August 4, 2016 (NYSE:CMA)
www.capitalcube.com - August 4 at 4:27 PM
blogs.barrons.com logoWarning: Don't Chase the Bank Stocks (NYSE:CMA)
blogs.barrons.com - August 3 at 4:20 PM
News IconIrvin Ashford, Jr. Named Comerica’s National Director of Financial Literacy (NYSE:CMA)
www.dallasweekly.com - August 3 at 11:27 AM
biz.yahoo.com logoCOMERICA INC /NEW/ Files SEC form 10-Q, Quarterly Report (NYSE:CMA)
biz.yahoo.com - August 2 at 9:03 AM
finance.yahoo.com logoBear of the Day: Wells Fargo (WFC) (NYSE:CMA)
finance.yahoo.com - August 1 at 4:13 PM
biz.yahoo.com logoCOMERICA INC /NEW/ Files SEC form 8-K/A, Change in Directors or Principal Officers (NYSE:CMA)
biz.yahoo.com - July 28 at 4:31 PM
biz.yahoo.com logoCOMERICA INC /NEW/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal O (NYSE:CMA)
biz.yahoo.com - July 27 at 4:20 PM
publicnow.com logoComerica Bank's Texas Index Ticks Down (NYSE:CMA)
www.publicnow.com - July 27 at 3:28 PM
streetreport.co logoComerica Inc (NYSE:CMA) nearing 52-week high, short interest ... - Street Report (NYSE:CMA)
www.streetreport.co - July 27 at 12:51 PM
publicnow.com logoComerica Bank's Michigan Index Dipped as Auto Production Eased (NYSE:CMA)
www.publicnow.com - July 27 at 12:28 PM
4-traders.com logoComerica : Bank Announces Largest Exit of an E-Commerce Client, Dollar Shave Club, from its Technology and Life Sciences Division (NYSE:CMA)
www.4-traders.com - July 26 at 4:09 PM
fidaily.com logoStock is up at $45.67 Comerica Declares Dividend Increase of… (NYSE:CMA)
www.fidaily.com - July 26 at 4:09 PM
feeds.benzinga.com logoComerica Hikes Dividend By 4.5%, Board Authorizes More For Repurchase Program (NYSE:CMA)
feeds.benzinga.com - July 26 at 2:55 PM
publicnow.com logoComerica Bank Announces Largest Exit of an E-Commerce Client, Dollar Shave Club, from its Technology and Life Sciences Division (NYSE:CMA)
www.publicnow.com - July 26 at 2:18 PM
publicnow.com logoComerica Declares Dividend Increase of 4.5 Percent (NYSE:CMA)
www.publicnow.com - July 26 at 11:58 AM
marketwatch.com logoInvestorsObserver releases covered-call reports for Valeant Pharmaceuticals, Under Armour, Marathon Oil Corporation, Comerica Incorporated and eBay (NYSE:CMA)
www.marketwatch.com - July 21 at 9:47 PM
forbes.com logoComerica Reaches Analyst Target Price (NYSE:CMA)
www.forbes.com - July 20 at 5:24 PM
News IconActive Momentum Stocks- United Continental Holdings (NYSE:UAL), Comerica (NYSE:CMA), Moody's (NYSE:MCO) - Seneca Globe (NYSE:CMA)
www.senecaglobe.com - July 20 at 11:47 AM
nasdaq.com logoComerica's (CMA) Q2 Earnings Beat Despite Higher Expenses - Nasdaq (NYSE:CMA)
www.nasdaq.com - July 20 at 11:47 AM
News IconCerulean Pharma Inc (NASDAQ:CERU) & Comerica Incorporated (NYSE:CMA) Stocks Trending Alert - Money News (press release) (NYSE:CMA)
www.newsismoney.com - July 20 at 11:47 AM
thestreet.com logoMayo Says Comerica Dissed Him on Biggest Conference Call of The Year (NYSE:CMA)
www.thestreet.com - July 20 at 10:59 AM
finance.yahoo.com logoHintz: Smaller, Healthier Financial Services Industry (NYSE:CMA)
finance.yahoo.com - July 20 at 7:26 AM
nasdaq.com logoEarnings Reaction History: Comerica Inc., 40.0% Follow-Through Indicator, 1.7% Sensitive - Nasdaq (NYSE:CMA)
www.nasdaq.com - July 19 at 9:38 PM
nasdaq.com logoComerica (CMA) Q2 Earnings: Is a Likely Beat in Store? - Nasdaq (NYSE:CMA)
www.nasdaq.com - July 19 at 9:38 PM
wsj.com logo[$$] Comerica to Cut Workforce, Close Locations (NYSE:CMA)
www.wsj.com - July 19 at 8:02 PM
finance.yahoo.com logoComerica's (CMA) Q2 Earnings Beat Despite Higher Expenses (NYSE:CMA)
finance.yahoo.com - July 19 at 4:21 PM
bizjournals.com logoComerica profit slips as execs release growth plan (NYSE:CMA)
www.bizjournals.com - July 19 at 4:05 PM
sg.finance.yahoo.com logoComerica says it will cut almost 800 jobs, close 40 banks (NYSE:CMA)
sg.finance.yahoo.com - July 19 at 3:07 PM
seekingalpha.com logoComerica higher as reserves fall, management talks cost cuts (NYSE:CMA)
seekingalpha.com - July 19 at 1:36 PM
nasdaq.com logoComerica Inc. Reveals 23% Retreat In Q2 Bottom Line (NYSE:CMA)
www.nasdaq.com - July 19 at 10:30 AM
zacks.com logoComerica (CMA) Q2 Earnings Beat As Revenues Rise (Revised) (NYSE:CMA)
www.zacks.com - July 19 at 10:30 AM
finance.yahoo.com logoComerica (CMA): Q2 Earnings & Revenue Miss As Costs Rise (NYSE:CMA)
finance.yahoo.com - July 19 at 10:30 AM
finance.yahoo.com logoComerica (CMA) Q2 Earnings: Is a Likely Beat in Store? (NYSE:CMA)
finance.yahoo.com - July 18 at 3:00 PM

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Comerica (NYSE:CMA) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff