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Comerica Incorporated (CMA) Stock

Profile

Country:

United States

IPO:

17 March 1980

Indexes:

Not included

Description:

Comerica Incorporated is one of the largest commercial banks in the United States. The bank is engaged in both traditional banking activities, such as lending to corporate and private sectors, as well as investment activities. Previously known as DETROITBANK Corporation, the bank changed its name to Comerica Incorporated in July 1982. Comerica Incorporated itself was founded in 1849 with headquarters in Dallas, Texas. Overall, the bank operates in two main areas of business: commercial banking for corporations and households, and investment management, where the bank manages assets.

Key Details

Price

$73.58

TTM Dividend Yield

3.86%(-38.04% YoY)

Annual Revenue

$3.59 B(+1.64% YoY)

Annual EPS

$6.44(-23.97% YoY)

PE Ratio

18.40(+260.08% YoY)

Beta

1.19

Events Calendar

Earnings

Next earnings date:

Jan 22, 2025

Recent quarterly earnings:

Oct 18, 2024

Recent annual earnings:

Jan 19, 2024
Dividend

Next ex-dividend date:

Dec 13, 2024

Recent ex-dividend date:

Sept 13, 2024
Splits

Next split:

N/A

Recent split:

Apr 02, 1998

Analyst ratings

Recent major analysts updates

26 Nov '24 Goldman Sachs
Buy
18 Nov '24 Baird
Outperform
15 Nov '24 Wells Fargo
Equal-Weight
30 Oct '24 Evercore ISI Group
In-Line
22 Oct '24 Goldman Sachs
Buy
21 Oct '24 Wells Fargo
Underweight
21 Oct '24 Truist Securities
Hold
21 Oct '24 Stephens & Co.
Overweight
21 Oct '24 Morgan Stanley
Equal-Weight
21 Oct '24 JP Morgan
Neutral

Market Data

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Institutional Ownership

CROWN ROYAL JOINS FORCES WITH NATE SMITH AND SCOTTY HASTING TO SUPPORT VETERANS AS THE AWARD-WINNING WHISKY DONATES $50,000 TO CREATIVETS ON COUNTRY MUSIC'S BIGGEST NIGHT
CROWN ROYAL JOINS FORCES WITH NATE SMITH AND SCOTTY HASTING TO SUPPORT VETERANS AS THE AWARD-WINNING WHISKY DONATES $50,000 TO CREATIVETS ON COUNTRY MUSIC'S BIGGEST NIGHT
CROWN ROYAL JOINS FORCES WITH NATE SMITH AND SCOTTY HASTING TO SUPPORT VETERANS AS THE AWARD-WINNING WHISKY DONATES $50,000 TO CREATIVETS ON COUNTRY MUSIC'S BIGGEST NIGHT
CMA
prnewswire.com21 November 2024

Crown Royal Paints Nashville Purple During "The 58th Annual CMA Awards" Week from launch of Crown Royal 31 Year Old in Partnership with Daniel Diamond to Generous Moment on CMA Awards Stage NASHVILLE, Tenn. , Nov. 21, 2024 /PRNewswire/ -- In its seventh year as the exclusive whisky partner of the CMA Awards, Crown Royal spread generosity through Music City across the week, culminating in a special announcement on Country Music's Biggest Night.

Comerica Bank Statement on Direct Express Program Transition
Comerica Bank Statement on Direct Express Program Transition
Comerica Bank Statement on Direct Express Program Transition
CMA
prnewswire.com21 November 2024

DALLAS , Nov. 21, 2024 /PRNewswire/ -- Comerica Bank has issued the following statement regarding today's announcement by the Treasury Bureau of the Fiscal Service of its new selected financial agent for Direct Express program. "We have been honored to support the Direct Express program since 2008 and remain committed to serving its 3.4 million cardholders.

Baby milk formula suppliers face direct price action unless competition improves, says CMA
Baby milk formula suppliers face direct price action unless competition improves, says CMA
Baby milk formula suppliers face direct price action unless competition improves, says CMA
CMA
proactiveinvestors.co.uk08 November 2024

Companies involved in the supply of baby formula milk could face direct government action to lower prices unless the way it is sold and marketed improves, consumer watchdog the CMA said today. In a series of recommendations, the CMA has proposed 'backstop' measures including controls and public provisions that will give the government power to intervene and force prices lower directly if deemed necessary.

Comerica Declares Dividends and Announces Increase in Share Repurchase Authorization
Comerica Declares Dividends and Announces Increase in Share Repurchase Authorization
Comerica Declares Dividends and Announces Increase in Share Repurchase Authorization
CMA
prnewswire.com05 November 2024

DALLAS , Nov. 5, 2024 /PRNewswire/ -- The Board of Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash dividend for common stock of 71 cents ($0.71) per share. The dividend is payable Jan. 1, 2025, to shareholders of record at the close of business on Dec. 13, 2024.

Final Trades: Comerica, Amazon, Disney, Leidos Holdings and Dupont
Final Trades: Comerica, Amazon, Disney, Leidos Holdings and Dupont
Final Trades: Comerica, Amazon, Disney, Leidos Holdings and Dupont
CMA
youtube.com05 November 2024

The Investment Committee give you their top stocks to watch for the second half.

Can Comerica (CMA) Run Higher on Rising Earnings Estimates?
Can Comerica (CMA) Run Higher on Rising Earnings Estimates?
Can Comerica (CMA) Run Higher on Rising Earnings Estimates?
CMA
zacks.com24 October 2024

Comerica (CMA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Comerica (CMA) Upgraded to Buy: What Does It Mean for the Stock?
Comerica (CMA) Upgraded to Buy: What Does It Mean for the Stock?
Comerica (CMA) Upgraded to Buy: What Does It Mean for the Stock?
CMA
zacks.com23 October 2024

Comerica (CMA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Are You Looking for a Top Momentum Pick? Why Comerica Incorporated (CMA) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Comerica Incorporated (CMA) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Comerica Incorporated (CMA) is a Great Choice
CMA
zacks.com23 October 2024

Does Comerica Incorporated (CMA) have what it takes to be a top stock pick for momentum investors? Let's find out.

Comerica BusinessHQ™ Earns National Recognition for Contribution to Dallas' Southern Sector
Comerica BusinessHQ™ Earns National Recognition for Contribution to Dallas' Southern Sector
Comerica BusinessHQ™ Earns National Recognition for Contribution to Dallas' Southern Sector
CMA
prnewswire.com22 October 2024

DALLAS , Oct. 22, 2024 /PRNewswire/ -- The American Bankers Association (ABA) recognized Comerica Bank for its impact in supporting Southern Dallas small businesses and nonprofits through Comerica BusinessHQ™, naming the program as a winner of this year's ABA Foundation Community Commitment Awards.    BusinessHQ earned the Community Commitment Award in the category of Community & Economic Development, which will be presented during the ABA's Annual Convention on Tuesday, Oct. 29, in New York City.

Comerica Analysts Boost Their Forecasts After Better-Than-Expected Earnings
Comerica Analysts Boost Their Forecasts After Better-Than-Expected Earnings
Comerica Analysts Boost Their Forecasts After Better-Than-Expected Earnings
CMA
benzinga.com21 October 2024

Comerica CMA reported better-than-expected earnings for its third quarter on Friday.

FAQ

  • What is the primary business of Comerica Incorporated?
  • What is the ticker symbol for Comerica Incorporated?
  • Does Comerica Incorporated pay dividends?
  • What sector is Comerica Incorporated in?
  • What industry is Comerica Incorporated in?
  • What country is Comerica Incorporated based in?
  • When did Comerica Incorporated go public?
  • Is Comerica Incorporated in the S&P 500?
  • Is Comerica Incorporated in the NASDAQ 100?
  • Is Comerica Incorporated in the Dow Jones?
  • When was Comerica Incorporated's last earnings report?
  • When does Comerica Incorporated report earnings?
  • Should I buy Comerica Incorporated stock now?

What is the primary business of Comerica Incorporated?

Comerica Incorporated is one of the largest commercial banks in the United States. The bank is engaged in both traditional banking activities, such as lending to corporate and private sectors, as well as investment activities. Previously known as DETROITBANK Corporation, the bank changed its name to Comerica Incorporated in July 1982. Comerica Incorporated itself was founded in 1849 with headquarters in Dallas, Texas. Overall, the bank operates in two main areas of business: commercial banking for corporations and households, and investment management, where the bank manages assets.

What is the ticker symbol for Comerica Incorporated?

The ticker symbol for Comerica Incorporated is NYSE:CMA

Does Comerica Incorporated pay dividends?

Yes, Comerica Incorporated pays dividends. The last payment was $0.71, with an ex-dividend date on 13 September 2024

What sector is Comerica Incorporated in?

Comerica Incorporated is in the Financial Services sector

What industry is Comerica Incorporated in?

Comerica Incorporated is in the Banks - Regional industry

What country is Comerica Incorporated based in?

Comerica Incorporated is headquartered in United States

When did Comerica Incorporated go public?

Comerica Incorporated's initial public offering (IPO) was on 17 March 1980

Is Comerica Incorporated in the S&P 500?

No, Comerica Incorporated is not included in the S&P 500 index

Is Comerica Incorporated in the NASDAQ 100?

No, Comerica Incorporated is not included in the NASDAQ 100 index

Is Comerica Incorporated in the Dow Jones?

No, Comerica Incorporated is not included in the Dow Jones index

When was Comerica Incorporated's last earnings report?

Comerica Incorporated's most recent earnings report was on 18 October 2024

When does Comerica Incorporated report earnings?

The next expected earnings date for Comerica Incorporated is 22 January 2025

Should I buy Comerica Incorporated stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions