Comerica, Inc. (CMA) Company Profile & Statistics

Comerica, Inc.
CMA
(NYSE)
Closed
70.29
+7.01 (+11.08%)
in:usd•As of: Nov 06, 2024 15:59 UTC -5
Open
68.40
High
70.38
Low
68.20

About Comerica, Inc.

CEO

Curtis C. Farmer

Headquarters

1717 main street mc6404

dallas, tx 75201, united states

Auditor

Ernst & Young LLP

Employees

7,863

Share Holders

7,857

Website

www.comerica.com

Industry

major banks

Sector

finance

Company Overview

Comerica Inc. is a banking and financial services company. It delivers financial services in 3 primary geographic markets: Texas, California, Michigan, and Arizona & Florida. Also, it has operations in non-U.S. states, Canada and Mexico. Comerica has the following units. The Commercial Bank unit offers various products & services i.e. 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 unit includes a full range of personal financial services. The Wealth Management unit offers products and services like fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance Division unit includes its securities portfolio and asset and liability management activities.

Comerica, Inc. Statistics

Valuation Measures

Market Capitalization ²	9.24B
Enterprise Value	17.61B
Enterprise Value/EBITDA (ttm)	N/A
Price to Earnings Ratio (ttm)	11.04
Price to Book (mrq)	1.18
Price to Sales (ttm)	1.63
Price to Cash (ytd)	7.26

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	15.23%
Profit Margin (ttm)	16.75%
Return on Equity (ttm)	12.54%
Return on Invested Capital (ttm)	4.16%
Return on Assets (ttm)	0.94%

Income Statement

Revenue (ttm)	0.00
Revenue Per Share (ttm)	0.00
Gross Profit (ttm)	0.00
EBITDA (ttm)³	0.00
Net Income Avi to Common (ttm)	602.00M
Diluted EPS (ttm)	4.00

Share Statistics

Beta (5Y Monthly)	1.22
52-Week Change	74.90%
S&P500 52-Week Change	35.42%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	132.67M
Dividend Yield	4.55%
Float ⁴	131.26M
% Held by Insiders	0.19%
% Held by Institutions	80.74%

Balance Sheet

Total Cash (mrq)	0.00
Total Cash Per Share (mrq)	0.00
Total Debt (mrq)	8.36B
Total Debt/Equity (mrq)	92.13%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	0.97%
Book Value Per Share (mrq)	55.50

Cash Flow

Operating Cash Flow Per Share (ytd)	7.13
Free Cash Flow (ytd)	837.00M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Comerica, Inc.

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