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Comerica Incorporated (CMA) Stock

Profile

Full Name:

Comerica Incorporated

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

$65.50

TTM Dividend Yield

4.34%(-21.38% YoY)

Annual Revenue

$3.24 B(-9.69% YoY)

Annual EPS

$5.02(-22.05% YoY)

PE Ratio

13.05(+63.33% YoY)

Beta

1.13

Events Calendar

Earnings

Next earnings date:

Apr 18, 2025

Recent quarterly earnings:

Jan 22, 2025

Recent annual earnings:

Jan 22, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 13, 2024
Splits

Next split:

N/A

Recent split:

Apr 02, 1998

Analyst ratings

Recent major analysts updates

23 Jan '25 RBC Capital
Outperform
23 Jan '25 Morgan Stanley
Equal-Weight
23 Jan '25 Keefe, Bruyette & Woods
Outperform
23 Jan '25 DA Davidson
Neutral
23 Jan '25 Baird
Outperform
08 Jan '25 Goldman Sachs
Neutral
07 Jan '25 JP Morgan
Neutral
06 Jan '25 Barclays
Underweight
10 Dec '24 Compass Point
Buy
04 Dec '24 Keefe, Bruyette & Woods
Outperform

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Institutional Ownership

Freightos Welcomes CMA CGM AIR CARGO to Its Platforms With Key Tradelanes Capacity
Freightos Welcomes CMA CGM AIR CARGO to Its Platforms With Key Tradelanes Capacity
Freightos Welcomes CMA CGM AIR CARGO to Its Platforms With Key Tradelanes Capacity
CMA
prnewswire.com03 February 2025

On February 3, 2025, in Barcelona, Spain, Freightos Limited (NASDAQ: CRGO), a top global platform for freight booking and payments, announced that CMA CGM AIR CARGO, part of the CMA CGM Group, has been added to its WebCargo and 7LFreight platforms. This addition allows freight forwarders to tap into CMA CGM AIR CARGO's worldwide air freight network, view real-time pricing, and book cargo online for important trade routes between the United States, France, Italy, Spain, and Asia.

Comerica Bank to Celebrate 10 Years of Making Teens' Prom Dreams Come True
Comerica Bank to Celebrate 10 Years of Making Teens' Prom Dreams Come True
Comerica Bank to Celebrate 10 Years of Making Teens' Prom Dreams Come True
CMA
prnewswire.com29 January 2025

DALLAS, Jan. 29, 2025 /PRNewswire/ -- Comerica Bank is organizing its 10th annual North Texas Prom Dress Drive throughout February at seven of its banking centers. The donations will help local teenagers from Boys & Girls Clubs of Collin County, Dallas CASA, and Boys & Girls Clubs of Greater Dallas, who might not be able to buy formal clothes for prom. This initiative allows them to take part in the high school prom tradition.

Top Banks Blew Out Earnings: Buy the 4 Highest-Yielding Dividend Stocks Now
Top Banks Blew Out Earnings: Buy the 4 Highest-Yielding Dividend Stocks Now
Top Banks Blew Out Earnings: Buy the 4 Highest-Yielding Dividend Stocks Now
CMA
247wallst.com26 January 2025

The leading banks in the central U.S. announced significant earnings for the fourth quarter of 2024, marking the start of the new earnings-reporting season.

Comerica Incorporated (CMA) Q4 2024 Earnings Call Transcript
Comerica Incorporated (CMA) Q4 2024 Earnings Call Transcript
Comerica Incorporated (CMA) Q4 2024 Earnings Call Transcript
CMA
seekingalpha.com22 January 2025

Comerica Incorporated (NYSE:CMA) will hold its Q4 2024 Earnings Conference Call on January 22, 2025, at 8:00 AM ET. The call will feature company leaders, including Kelly Gage, Curt Farmer, and Jim Herzog, along with analysts from various financial institutions. Participants are currently in listen-only mode.

Comerica Incorporated (CMA) Misses Q4 Earnings Estimates
Comerica Incorporated (CMA) Misses Q4 Earnings Estimates
Comerica Incorporated (CMA) Misses Q4 Earnings Estimates
CMA
zacks.com22 January 2025

Comerica Incorporated (CMA) reported quarterly earnings of $1.20 per share, which is lower than the Zacks Consensus Estimate of $1.25 per share. This is a decrease compared to earnings of $1.46 per share from the same period last year.

Comerica Reports Fourth Quarter and Full-Year 2024 Earnings Results
Comerica Reports Fourth Quarter and Full-Year 2024 Earnings Results
Comerica Reports Fourth Quarter and Full-Year 2024 Earnings Results
CMA
prnewswire.com22 January 2025

DALLAS, Jan. 22, 2025 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has announced its financial results for the fourth quarter and the entire year of 2024. You can find the details in the Investor Relations section of Comerica's website here.

CMA chair replaced by Amazon staffer as Government emphasises growth
CMA chair replaced by Amazon staffer as Government emphasises growth
CMA chair replaced by Amazon staffer as Government emphasises growth
CMA
proactiveinvestors.co.uk22 January 2025

Reports say that Marcus Bokkerink, the chair of the UK's competition watchdog, has been dismissed by the government for failing to improve the country's economic outlook. The timing of his removal was aligned with the Davos economic forum, highlighting the government's new focus on growth.

Comerica Q4 Earnings Miss Estimates on Lower NII, Fee Income Rises Y/Y
Comerica Q4 Earnings Miss Estimates on Lower NII, Fee Income Rises Y/Y
Comerica Q4 Earnings Miss Estimates on Lower NII, Fee Income Rises Y/Y
CMA
zacks.com22 January 2025

CMA's earnings for the fourth quarter of 2024 are impacted by reduced net interest income and poor asset quality. However, an increase in fee income and deposit balances provides some support.

Higher Expenses, Weak Asset Quality to Hurt Comerica's Q4 Earnings
Higher Expenses, Weak Asset Quality to Hurt Comerica's Q4 Earnings
Higher Expenses, Weak Asset Quality to Hurt Comerica's Q4 Earnings
CMA
zacks.com20 January 2025

CMA's performance in the fourth quarter of 2024 may have been negatively affected by increasing costs and a decline in the quality of its assets.

Comerica Stock Investors Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation - NYSE: CMA
Comerica Stock Investors Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation - NYSE: CMA
Comerica Stock Investors Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation - NYSE: CMA
CMA
accessnewswire.com16 January 2025

PHILADELPHIA, PA / ACCESS Newswire / January 16, 2025 / Kehoe Law Firm, P.C. is looking into whether some executives or board members of Comerica Inc. (NYSE:CMA) did not manage the company properly, which may have violated their responsibilities to Comerica. They are also examining if this mismanagement caused harm to Comerica and its shareholders.

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 December 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 22 January 2025

When does Comerica Incorporated report earnings?

The next expected earnings date for Comerica Incorporated is 18 April 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