Comerica Stock (NYSE:CMA)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$61.16

52W Range

$45.32 - $73.45

50D Avg

$66.39

200D Avg

$56.56

Market Cap

$8.14B

Avg Vol (3M)

$2.28M

Beta

1.24

Div Yield

$2.84 (4.59%)

CMA Company Profile


Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, Canada, and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

7,666

IPO Date

Mar 17, 1980

Website

CMA Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21Dec 20
Finance Other1 [Domain]$1.00M--
Retail Bank Member$115.00M--
Wealth Management$288.00M$271.00M$255.00M
Fiduciary and Trust$233.00M--
Brokerage Commissions Revenue$21.00M--
Commercial Loan$18.00M--
Credit and Debit Card$273.00M--
Deposit Account$195.00M--
Business Bank$384.00M$410.00M$403.00M
Finance Other$1.00M--
Retail Bank$115.00M$115.00M$100.00M
Business Bank Member$384.00M--
Finance Other1---

Fiscal year ends in Dec 23 | Currency in USD

CMA Financial Summary


Dec 23Dec 22Dec 21
Revenue$5.29B$3.53B$2.97B
Operating Income$-4.00M$1.68B$1.49B
Net Income$877.00M$1.15B$1.17B
EBITDA$-4.00M$1.77B$1.59B
Basic EPS$6.62$8.32$8.45
Diluted EPS$6.62$8.22$8.35

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 18, 24 | 11:29 AM
Q2 24Jul 19, 24 | 10:35 AM
Q1 24Apr 18, 24 | 1:08 PM

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