Comerica Incorporated (NYSE:CMA)

Stock Price: $74.88

+0.53 (0.71%)

Updated Feb 2, 2023 09:03 PM GMT+0000

Featured app

Invest now

<p>79% of retail CFD accounts lose money</p>

Overview

Financials

Statistics

Profile

Chart

Market Cap	9.81B
Revenue	3.35B
Gross Profit	3.35B
Shares Out	130.95M
EPS (ttm)	7.53
PE Ratio	9.7959
Forward PE	7.4620
Dividend Rate (ttm)	2.6819
Dividend Yield	0.0358

Trading Day	Feb 2
Last Price	$74.88
Previous Close	$74.35
Change ($)	0.53
Change (%)	0.71%
Day's Open	74.97
Day's Range	74.51 - 76.595
Day's Volume	1.66M
52 Week Range	62.83 - 98.53

About Comerica Incorporated

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful.

In addition to Texas, Comerica Bank locations can be found in Arizona, California, Floridaand Michigan, with select businesses operating in several other states, as well as in Canadaand Mexico.

News

Is Comerica stock insulated against a Fed pivot? November 21, 2022

Quick info

Country

United States

Industry

Commercial Banking

Sector

Finance and Insurance

Employees

7,417

CEO

Curtis C. Farmer

Address

1717 Main St # MC6404
Dallas
Texas
75201-4612

Phone

12144626831

Website

www.comerica.com

Ticker Symbol

CMA

Exchange

New York Stock Exchange

Reporting Currency

USD

Comerica Incorporated income statements (2022) (USD)

	July 2022	July 2022	April 2022	February 2022
Total Revenue	845M	845M	713M	763M
Cost of Revenue	10M	10M	-11M	-25M
Gross Profit	835M	835M	724M	788M
Research & Development	0	0	0	0
Selling General & Admin	61M	61M	56M	66M
Operating Expense	508M	508M	475M	473M
Operating Income	337M	337M	238M	290M
Other Income Expense Net	0	0	0	-1M
EBIT	337M	337M	238M	289M
Interest Income	0	0	0	0
Pretax Income	337M	337M	238M	289M
Income Tax	76M	76M	49M	61M
Minority Interest	0	0	0	0
Net Income	255M	255M	182M	221M
Net Income Basic	255M	255M	182M	221M

Comerica Incorporated income statements (2021) (USD)

	October 2021	October 2021	July 2021	April 2021	February 2021
Total Revenue	769M	769M	763M	729M	754M
Cost of Revenue	-42M	-42M	-135M	-182M	-17M
Gross Profit	811M	811M	898M	0.91B	771M
Research & Development	0	0	0	0	0
Selling General & Admin	63M	63M	60M	57M	66M
Operating Expense	437M	437M	342M	282M	476M
Operating Income	332M	332M	421M	447M	278M
Other Income Expense Net	0	0	0	1M	0
EBIT	332M	332M	421M	448M	278M
Interest Income	0	0	0	0	0
Pretax Income	332M	332M	421M	448M	278M
Income Tax	70M	70M	93M	98M	63M
Minority Interest	0	0	0	0	0
Net Income	255M	255M	321M	343M	209M
Net Income Basic	255M	255M	321M	343M	209M

Comerica Incorporated income statements (2020) (USD)

	October 2020	September 2020	June 2020	March 2020	March 2020
Total Revenue	736M	N.A	N.A	N.A	N.A
Cost of Revenue	5M	N.A	N.A	N.A	N.A
Gross Profit	731M	N.A	N.A	N.A	N.A
Research & Development	0	N.A	N.A	N.A	N.A
Selling General & Admin	61M	N.A	N.A	N.A	N.A
Operating Expense	477M	N.A	N.A	N.A	N.A
Operating Income	259M	N.A	N.A	N.A	N.A
Other Income Expense Net	0	N.A	N.A	N.A	N.A
EBIT	259M	N.A	N.A	N.A	N.A
Interest Income	0	11M	20M	40M	40M
Pretax Income	259M	259M	140M	-86M	-86M
Income Tax	48M	48M	27M	-21M	-21M
Minority Interest	0	0	0	0	0
Net Income	203M	211M	112M	-65M	-65M
Net Income Basic	203M	203M	112M	-65M	-65M

Comerica Incorporated income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	N.A	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A	N.A
EBIT	N.A	N.A	N.A	N.A
Interest Income	45M	52M	57M	52M
Pretax Income	351M	372M	385M	424M
Income Tax	82M	80M	87M	85M
Minority Interest	0	0	0	0
Net Income	267M	290M	297M	337M
Net Income Basic	267M	290M	297M	337M

Comerica Incorporated income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	N.A	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A	N.A
EBIT	N.A	N.A	N.A	N.A
Interest Income	47M	41M	32M	25M
Pretax Income	400M	381M	419M	335M
Income Tax	90M	63M	93M	54M
Minority Interest	0	0	0	0
Net Income	308M	316M	324M	279M
Net Income Basic	308M	316M	324M	279M

Comerica Incorporated income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A
EBIT	N.A	N.A	N.A
Interest Income	20M	22M	20M
Pretax Income	330M	334M	302M
Income Tax	218M	108M	99M
Minority Interest	0	0	0
Net Income	112M	224M	202M
Net Income Basic	112M	224M	202M

Comerica Incorporated balance sheet (2022) (USD)

	July 2022	July 2022	April 2022	February 2022
Current Cash	0	0	0	0
Receivables	0	0	0	0
Inventory	0	0	0	0
Current Assets	86.47B	86.47B	88.72B	94.16B
Other Current Assets	7.05B	7.05B	7.17B	5.60B
Short Term Investments	33.95B	33.95B	38.25B	44.23B
Long Term Investments	422M	422M	444M	454M
Property/Plant Equipment	422M	422M	444M	454M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	0	0	0	0
Tangible Assets (Net)	6.04B	6.04B	6.64B	7.90B
Other Assets	0	0	0	0
Total Assets	86.89B	86.89B	89.17B	94.62B
Accounts Payable	0	0	0	0
Other Current Liabilities	77.82B	77.82B	79.45B	83.92B
Total Current Liabilities	80.45B	80.45B	82.13B	86.72B
Total Liabilities	80.45B	80.45B	82.13B	86.72B
Long Term Debt	0	0	0	0
Current Long Term Debt	2.63B	2.63B	2.68B	2.80B
Minority Interest	0	0	0	0
Common Stock	131M	131M	131M	131M
Treasury Stock	-6.1B	-6.1B	-6.11B	-6.1B
Retained Earnings	10.75B	10.75B	10.59B	10.49B
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	6.44B	6.44B	7.04B	7.90B
Other Liabilities	N.A	N.A	N.A	N.A

Comerica Incorporated balance sheet (2021) (USD)

	October 2021	October 2021	July 2021	April 2021	February 2021
Current Cash	0	0	0	0	0
Receivables	0	0	0	0	0
Inventory	0	0	0	0	0
Current Assets	94.08B	94.08B	87.90B	80.45B	87.67B
Other Current Assets	5.87B	5.87B	5.80B	0	5.36B
Short Term Investments	45.45B	45.45B	37.32B	29.58B	35.30B
Long Term Investments	447M	447M	454M	5.84B	459M
Property/Plant Equipment	447M	447M	454M	456M	459M
Good Will	N.A	N.A	N.A	N.A	N.A
Intangible Assets	0	0	0	0	0
Tangible Assets (Net)	7.41B	7.41B	7.93B	7.76B	7.66B
Other Assets	0	0	0	5.39B	0
Total Assets	94.53B	94.53B	88.36B	86.29B	88.13B
Accounts Payable	0	0	0	0	0
Other Current Liabilities	83.89B	83.89B	77.57B	75.29B	74.35B
Total Current Liabilities	86.73B	86.73B	80.42B	78.14B	80.08B
Total Liabilities	86.73B	86.73B	80.42B	78.14B	80.08B
Long Term Debt	0	0	0	0	0
Current Long Term Debt	2.84B	2.84B	2.85B	2.85B	5.73B
Minority Interest	0	0	0	0	0
Common Stock	133M	133M	136M	140M	137M
Treasury Stock	-6.06B	-6.06B	-5.85B	-5.44B	-5.46B
Retained Earnings	10.37B	10.37B	10.20B	9.98B	9.62B
Capital Surplus	N.A	N.A	N.A	N.A	N.A
Shareholder Equity	7.80B	7.80B	7.93B	8.15B	8.05B
Other Liabilities	N.A	N.A	N.A	N.A	N.A

Comerica Incorporated balance sheet (2020) (USD)

	October 2020	September 2020	June 2020	March 2020	March 2020
Current Cash	0	N.A	N.A	N.A	N.A
Receivables	0	N.A	N.A	N.A	N.A
Inventory	0	N.A	N.A	N.A	N.A
Current Assets	77.78B	11.30B	13.49B	5.02B	5.02B
Other Current Assets	0	N.A	N.A	N.A	N.A
Short Term Investments	25.40B	N.A	N.A	N.A	N.A
Long Term Investments	5.85B	10.31B	13.36B	5.05B	5.05B
Property/Plant Equipment	456M	456M	450M	454M	454M
Good Will	N.A	N.A	N.A	N.A	N.A
Intangible Assets	0	N.A	N.A	N.A	N.A
Tangible Assets (Net)	7.48B	7.87B	7.17B	6.77B	6.77B
Other Assets	5.39B	5.39B	3.68B	3.74B	3.74B
Total Assets	83.63B	83.63B	84.40B	76.34B	76.34B
Accounts Payable	0	N.A	N.A	N.A	N.A
Other Current Liabilities	69.99B	36.53B	35.62B	25M	25M
Total Current Liabilities	75.76B	36.54B	36.37B	2.96B	2.96B
Total Liabilities	75.76B	75.76B	76.60B	68.94B	68.94B
Long Term Debt	0	5.75B	6.52B	6.76B	6.76B
Current Long Term Debt	5.76B	N.A	N.A	675M	675M
Minority Interest	0	0	0	0	0
Common Stock	3.32B	139.07M	139.04M	139.04M	139.04M
Treasury Stock	-5.47B	5.47B	5.47B	5.47B	5.47B
Retained Earnings	9.51B	9.51B	9.40B	9.39B	9.39B
Capital Surplus	N.A	2.18B	2.17B	2.17B	2.17B
Shareholder Equity	7.87B	7.87B	7.80B	7.40B	7.40B
Other Liabilities	N.A	N.A	N.A	N.A	N.A

Comerica Incorporated balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	N.A	N.A	N.A	N.A
Receivables	N.A	N.A	N.A	N.A
Inventory	N.A	N.A	N.A	N.A
Current Assets	5.98B	4.26B	3.72B	3.62B
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	5.50B	3.74B	3.23B	3.05B
Property/Plant Equipment	786M	787M	799M	792M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	2M	N.A	N.A	N.A
Tangible Assets (Net)	6.02B	7.20B	7.32B	7.41B
Other Assets	3.33B	3.82B	3.99B	3.92B
Total Assets	73.69B	72.85B	72.54B	70.69B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	54.12B	53.31B	51.39B	51.34B
Total Current Liabilities	54.93B	54.04B	53.82B	52.31B
Total Liabilities	66.36B	65.65B	65.21B	63.28B
Long Term Debt	6.90B	6.99B	6.23B	7.16B
Current Long Term Debt	674M	672M	671M	N.A
Minority Interest	0	0	0	0
Common Stock	142.10M	144.14M	149.80M	155.42M
Treasury Stock	5.29B	5.15B	4.78B	4.36B
Retained Earnings	9.54B	9.37B	9.18B	8.98B
Capital Surplus	2.17B	2.17B	2.17B	2.16B
Shareholder Equity	7.33B	7.20B	7.32B	7.41B
Other Liabilities	N.A	N.A	N.A	N.A

Comerica Incorporated balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	N.A	N.A	N.A	N.A
Receivables	N.A	N.A	N.A	N.A
Inventory	N.A	N.A	N.A	N.A
Current Assets	4.70B	5.98B	5.80B	6.97B
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	3.61B	5.55B	4.80B	6.16B
Property/Plant Equipment	475M	472M	467M	468M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	4M	N.A	N.A	N.A
Tangible Assets (Net)	6.20B	7.79B	8.08B	8B
Other Assets	2.99B	4.27B	4.26B	4.02B
Total Assets	70.95B	71.45B	71.99B	72.34B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	53.45B	53.97B	55.12B	30M
Total Current Liabilities	53.85B	54.06B	55.17B	78M
Total Liabilities	63.44B	63.66B	63.91B	64.34B
Long Term Debt	6.12B	6.42B	5.58B	5.59B
Current Long Term Debt	348M	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	160.08M	165.94M	170.91M	172.47M
Treasury Stock	3.95B	3.48B	2.99B	2.83B
Retained Earnings	8.78B	8.59B	8.37B	8.11B
Capital Surplus	2.15B	2.14B	2.14B	2.13B
Shareholder Equity	7.51B	7.79B	8.08B	8B
Other Liabilities	N.A	N.A	N.A	N.A

Comerica Incorporated balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	N.A	N.A	N.A
Receivables	N.A	N.A	N.A
Inventory	N.A	N.A	N.A
Current Assets	5.94B	6.30B	5.74B
Other Current Assets	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A
Long Term Investments	4.86B	5.24B	4.69B
Property/Plant Equipment	466M	467M	484M
Good Will	N.A	N.A	N.A
Intangible Assets	6M	N.A	N.A
Tangible Assets (Net)	6.66B	8.03B	7.99B
Other Assets	3.35B	4.11B	3.81B
Total Assets	71.72B	72.02B	71.45B
Accounts Payable	N.A	N.A	N.A
Other Current Liabilities	27M	31M	31M
Total Current Liabilities	37M	540M	572M
Total Liabilities	63.75B	63.98B	63.46B
Long Term Debt	4.62B	4.64B	5.14B
Current Long Term Debt	N.A	N.A	N.A
Minority Interest	0	0	0
Common Stock	172.86M	174.33M	175.91M
Treasury Stock	2.74B	2.61B	2.49B
Retained Earnings	7.89B	7.75B	7.58B
Capital Surplus	2.12B	2.11B	2.11B
Shareholder Equity	7.96B	8.03B	7.99B
Other Liabilities	N.A	N.A	N.A

Comerica Incorporated cash flow (2022) (USD)

	October 2022	July 2022
Net Income	343M	255M
Depreciation	25M	23M
Changes in Receivables	0	0
Changes in Inventories	0	0
Cash Change	1.74B	1.63B
Cash Flow	393M	358M
Capital Expenditures	-17M	-24M
Investments	N.A	N.A
Investing Activity (other)	N.A	N.A
Total Investing Cash Flows	-289M	-5.04B
Dividends Paid	N.A	N.A
Net Borrowings	-78.47B	-82.21B
Other Financing Cash Flows	N.A	N.A
Cash Flow Financing	-1.67B	-1.33B
Exchange Rate Effect	N.A	N.A

Comerica Incorporated cash flow (2021) (USD)

	October 2021
Net Income	255M
Depreciation	25M
Changes in Receivables	0
Changes in Inventories	0
Cash Change	1.05B
Cash Flow	202M
Capital Expenditures	-15M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	4.86B
Dividends Paid	N.A
Net Borrowings	-90.2B
Other Financing Cash Flows	N.A
Cash Flow Financing	3.49B
Exchange Rate Effect	N.A

Comerica Incorporated cash flow (2020) (USD)

	October 2020	June 2020	March 2020
Net Income	203M	112M	-65M
Depreciation	82M	N.A	26M
Changes in Receivables	0	N.A	N.A
Changes in Inventories	0	N.A	N.A
Cash Change	-60M	8.46B	-0.96B
Cash Flow	720M	45M	699M
Capital Expenditures	-51M	-14M	-15M
Investments	N.A	247M	-322M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-4.63B	190M	-3.53B
Dividends Paid	N.A	-96M	-95M
Net Borrowings	-71.03B	-2.44B	2.19B
Other Financing Cash Flows	N.A	N.A	N.A
Cash Flow Financing	9.23B	8.22B	1.87B
Exchange Rate Effect	N.A	N.A	N.A

Comerica Incorporated cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	267M	290M	297M	337M
Depreciation	N.A	N.A	N.A	29M
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	1.70B	536M	100M	-1.08B
Cash Flow	221M	444M	385M	40M
Capital Expenditures	-24M	-33M	-13M	-16M
Investments	22M	-53M	-7M	-58M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	1.10B	231M	-1.58B	-239M
Dividends Paid	-99M	-100M	-104M	-99M
Net Borrowings	20M	-0.98B	448M	1.24B
Other Financing Cash Flows	3M	-2M	N.A	N.A
Cash Flow Financing	384M	-139M	1.30B	-881M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Comerica Incorporated cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	308M	316M	324M	279M
Depreciation	N.A	N.A	N.A	31M
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-1.28B	179M	-1.18B	0.99B
Cash Flow	611M	349M	260M	358M
Capital Expenditures	-25M	-24M	-21M	-20M
Investments	2M	-4M	6M	9M
Investing Activity (other)	N.A	-1M	-1M	N.A
Total Investing Cash Flows	-1.18B	743M	-569M	-147M
Dividends Paid	-102M	-57M	-51M	-53M
Net Borrowings	-40M	876M	10M	1.04B
Other Financing Cash Flows	1M	1M	1M	N.A
Cash Flow Financing	-744M	-0.92B	-863M	780M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Comerica Incorporated cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	112M	224M	202M
Depreciation	N.A	N.A	N.A
Changes in Receivables	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A
Cash Change	-359M	573M	-2.69B
Cash Flow	245M	202M	249M
Capital Expenditures	-26M	-16M	-15M
Investments	42M	43M	-14M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	56M	205M	-1.17B
Dividends Paid	-52M	-47M	-41M
Net Borrowings	-499M	-532M	484M
Other Financing Cash Flows	-1M	N.A	-3M
Cash Flow Financing	-660M	166M	-1.77B
Exchange Rate Effect	N.A	N.A	N.A

Comerica Incorporated dividends (USD)

Ex date	Payment date	Record date	Declared date	Amount	Description	Frequency
14-12-2022	01-01-2023	15-12-2022	N.A	0.68	Ordinary Shares	Quarterly
14-09-2022	01-10-2022	15-09-2022	N.A	0.68	Ordinary Shares	Quarterly
14-06-2022	01-07-2022	15-06-2022	N.A	0.68	Ordinary Shares	Quarterly
14-09-2021	01-10-2021	15-09-2021	N.A	0.68	Ordinary Shares	Quarterly
14-12-2020	01-01-2021	15-12-2020	N.A	0.68	Ordinary Shares	Quarterly
14-09-2020	01-10-2020	15-09-2020	N.A	0.68	Ordinary Shares	Quarterly
12-06-2020	01-07-2020	15-06-2020	N.A	0.68	Ordinary Shares	Quarterly
12-03-2020	01-04-2020	13-03-2020	N.A	0.68	Ordinary Shares	Quarterly
12-12-2019	01-01-2020	13-12-2019	N.A	0.67	Ordinary Shares	Quarterly
12-09-2019	01-10-2019	13-09-2019	N.A	0.67	Ordinary Shares	Quarterly
13-06-2019	01-07-2019	14-06-2019	N.A	0.67	Ordinary Shares	Quarterly
14-03-2019	01-04-2019	15-03-2019	N.A	0.67	Ordinary Shares	Quarterly
13-12-2018	01-01-2019	14-12-2018	N.A	0.60	Ordinary Shares	Quarterly
13-09-2018	01-10-2018	14-09-2018	N.A	0.60	Ordinary Shares	Quarterly
14-06-2018	01-07-2018	15-06-2018	N.A	0.34	Ordinary Shares	Quarterly
14-03-2018	01-04-2018	15-03-2018	N.A	0.30	Ordinary Shares	Quarterly
14-12-2017	01-01-2018	15-12-2017	N.A	0.30	Ordinary Shares	Quarterly
14-09-2017	01-10-2017	15-09-2017	N.A	0.30	Ordinary Shares	Quarterly
13-06-2017	01-07-2017	15-06-2017	N.A	0.26	Ordinary Shares	Quarterly
13-03-2017	01-04-2017	15-03-2017	N.A	0.23	Ordinary Shares	Quarterly
13-12-2016	01-01-2017	15-12-2016	N.A	0.23	Ordinary Shares	Quarterly
13-09-2016	01-10-2016	15-09-2016	N.A	0.23	Ordinary Shares	Quarterly
13-06-2016	01-07-2016	15-06-2016	N.A	0.22	Ordinary Shares	Quarterly
11-03-2016	01-04-2016	15-03-2016	N.A	0.21	Ordinary Shares	Quarterly
11-12-2015	01-01-2016	15-12-2015	N.A	0.21	Ordinary Shares	Quarterly
11-09-2015	01-10-2015	15-09-2015	N.A	0.21	Ordinary Shares	Quarterly
11-06-2015	01-07-2015	15-06-2015	N.A	0.21	Ordinary Shares	Quarterly