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: $46.96
  • 50 Day Moving Average: $46.32
  • 200 Day Moving Average: $43.17
  • 52-Week Range: $30.48 - $47.70
  • Trailing P/E Ratio: 20.39
  • Foreward P/E Ratio: 13.23
  • P/E Growth: 1.68
  • Market Cap: $8.17B
  • Outstanding Shares: 173,902,000
  • Beta: 1.36
  • Net Margins: 14.69%
  • Return on Equity: 6.03%
  • Return on Assets: 0.65%
  • Debt-to-Equity Ratio: 0.77%
  • 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, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $44.26 (5.75% downside)

Analysts' Ratings History for Comerica (NYSE:CMA)
DateFirmActionRatingPrice TargetDetails
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
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
7/8/2016Wells 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
4/20/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
4/20/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$41.00 -> $42.00View 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 9/24/2014 forward)


Earnings History for Comerica (NYSE:CMA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2016ListenView 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: $2.72 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)


Current Dividend Information for Comerica (NYSE:CMA)
Annual Dividend:$0.92
Dividend Yield:1.96%
Dividend Growth:17.90% (3 Year Average)
Payout Ratio:38.82% (Based on Trailing 12 Months of Earnings)
33.82% (Based on Current Year Consensus EPS Estimate)
25.92% (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: 84.62%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)
DateHeadline logoComerica Incorporated (NYSE:CMA) Ratings in Focus (NYSE:CMA) - September 22 at 4:24 PM
News IconStreet Recommendation Roundup: Comerica Incorporated (NYSE:CMA), Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - Yankee Analysts (NYSE:CMA) - September 21 at 8:19 AM
News IconBrokerage Perspectives On Comerica Incorporated (NYSE:CMA) (NYSE:CMA) - September 16 at 4:10 PM logoComerica upgraded by Goldman (NYSE:CMA) - September 16 at 4:10 PM logoCall of the day: Comerica (NYSE:CMA) - September 16 at 4:10 PM logoComerica (CMA) Upgraded to 'Conviction-Buy' at Goldman Sachs (NYSE:CMA) - September 16 at 4:10 PM logoComerica (CMA) Stock Upgraded at Goldman (NYSE:CMA) - September 16 at 4:10 PM
News IconAnalyst Recommendations on These Stocks: Tesla Motors, Inc. (NASDAQ:TSLA), Comerica Incorporated (NYSE:CMA) - Yankee Analysts (NYSE:CMA) - September 14 at 4:20 PM logoPNC Financial to Settle Acquired Bank's Home Loan Lawsuit (NYSE:CMA) - September 14 at 4:20 PM
News IconBrokers Update Target Prices On Comerica Incorporated (NYSE:CMA) (NYSE:CMA) - September 14 at 8:31 AM logoComerica (CMA) Shares Cross 2% Yield Mark (NYSE:CMA) - September 14 at 8:31 AM logoCOMERICA INC /NEW/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:CMA) - September 13 at 9:06 AM
News IconAnalysts Valuations For Two Stocks: Comerica Incorporated (NYSE:CMA), First Solar, Inc. (NASDAQ:FSLR) - The Voice Registrar (NYSE:CMA) - September 12 at 4:07 PM
News IconComerica Incorporated (NYSE:CMA) From The Analysts Point of View (NYSE:CMA) - September 10 at 8:55 AM
News Icon2 Stocks Attracting Analyst Attention: Comerica Incorporated (NYSE:CMA), United Rentals, Inc. (NYSE:URI) - The Voice Registrar (NYSE:CMA) - September 9 at 9:05 AM logoCLSA's Mayo: U.S. Bank Outlook Better Over Next 3-5 Years (NYSE:CMA) - September 8 at 4:09 PM
News IconAnalysts Valuations For Two Stocks: Valley National Bancorp (NYSE ... - The Voice Registrar (NYSE:CMA) - September 8 at 5:13 AM logoComerica Should Sell Itself or Get New CEO, CLSA’s Mayo Says (NYSE:CMA) - September 7 at 8:05 AM logo​Analyst calls for change at top of Comerica (NYSE:CMA) - September 7 at 8:05 AM logoMayo: Takeover remains the best outcome for Comerica (NYSE:CMA) - September 6 at 4:09 PM logoComerica responds to Mayo's call for change (NYSE:CMA) - September 6 at 4:09 PM logoComerica takeover or new CEO would add most value for shareholders, expert says (NYSE:CMA) - September 6 at 4:09 PM logo3 Trending Stocks: Comerica Incorporated (CMA), Quanta Services, Inc. (PWR), International Paper Company (IP) - iStreetWire (NYSE:CMA) - September 6 at 9:08 AM logoComerica to Participate in the Barclays Global Financial Services Conference (NYSE:CMA) - September 1 at 4:11 PM logoComerica Incorporated : Bank Announces New Client Relationship with Direct-to-Consumer Luxe Hair Color Company Madison Reed (NYSE:CMA) - August 31 at 4:15 PM logoIs Comerica (CMA) the Best Regional Bank Stock Right Now? (NYSE:CMA) - August 31 at 4:15 PM logoComerica Bank's Texas Index Dips (NYSE:CMA) - August 31 at 4:15 PM logoFDIC: Bank Income Rose in Second Quarter Driven by Loan Growth, Trading Income (NYSE:CMA) - August 30 at 4:16 PM logoBank of America and Comerica: 2 Bank Stocks to Buy Now (NYSE:CMA) - 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) - August 24 at 10:18 AM logoHow Wall Street banks can keep their new investors happy (NYSE:CMA) - August 24 at 10:18 AM logoComerica Incorporated : Quarterly Earnings And Conference Call October 18 (NYSE:CMA) - August 23 at 9:31 PM logoComerica Quarterly Earnings And Conference Call October 18 (NYSE:CMA) - 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) - August 22 at 4:20 PM logoWorth Watching Stocks: Kate Spade & Company (KATE), Comerica Incorporated (CMA), American Express Company ... - iStreetWire (NYSE:CMA) - August 19 at 3:22 PM logoActivist Hedge Fund Hudson Cuts Comerica Stake as Bank Punts on Sale (NYSE:CMA) - August 18 at 4:18 PM logoAnalysts Set $46.352 Price Target For Comerica Incorporated (NYSE:CMA) (NYSE:CMA) - August 16 at 4:21 PM logoLegg Mason (LM) to Offload Entire Stake in LMM LLC (NYSE:CMA) - August 15 at 11:32 AM logo5 Reasons Why You Should Buy Comerica (CMA) Stock Now - Nasdaq (NYSE:CMA) - August 11 at 11:23 AM logo5 Reasons Why You Should Buy Comerica (CMA) Stock Now (NYSE:CMA) - August 11 at 11:23 AM logoLarge Inflow of Money Detected in Comerica Incorporated - Trade Calls (NYSE:CMA) - August 10 at 5:30 AM logoWells Fargo (WFC) to Acquire Analytic Investors, Boosts AUM (NYSE:CMA) - August 9 at 5:14 PM logoWells Fargo's (WFC) Bid Dismissed in the SEC Lawsuit (NYSE:CMA) - August 8 at 4:24 PM logoComerica Incorporated (CMA) Pops 3.12% for August 05 - (NYSE:CMA) - August 6 at 4:41 PM logoCOMERICA INC /NEW/ Financials (NYSE:CMA) - August 6 at 4:41 PM logoETF’s with exposure to Comerica, Inc. : August 4, 2016 (NYSE:CMA) - August 4 at 4:27 PM logoWarning: Don't Chase the Bank Stocks (NYSE:CMA) - August 3 at 4:20 PM
News IconIrvin Ashford, Jr. Named Comerica’s National Director of Financial Literacy (NYSE:CMA) - August 3 at 11:27 AM logoCOMERICA INC /NEW/ Files SEC form 10-Q, Quarterly Report (NYSE:CMA) - August 2 at 9:03 AM logoBear of the Day: Wells Fargo (WFC) (NYSE:CMA) - August 1 at 4:13 PM


Comerica (NYSE:CMA) Chart for Saturday, September, 24, 2016

Last Updated on 9/24/2016 by Staff