CMA Comerica Incorporated

Price (delayed)

$40.65

Market cap

$5.65B

P/E Ratio

9.68

Dividend/share

$2.71

EPS

$4.2

Enterprise value

-$386.05M

Sector: Financial Services
Industry: Banks - Regional
Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other. The Business Bank segment involves in the middle market businesses, multinational corporations, and governmental entities by offering various products and services such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication. The Retail Bank segment includes small business banking and personal financial services, which consist of consumer lending, consumer deposit gathering, and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance segment comprises corporation's securities portfolio and asset and liability management activities. The Other category consists of income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.

Highlights

CMA's debt is down by 25% since the previous quarter and by 12% year-on-year
Comerica's equity has increased by 7% YoY and by 5% from the previous quarter
CMA's P/E is 33% below its 5-year quarterly average of 14.5 but 21% above its last 4 quarters average of 8.0
The net income has dropped by 52% year-on-year and by 23% since the previous quarter
The EPS has decreased by 47% YoY and by 21% from the previous quarter

Key stats

What are the main financial stats of CMA
Market
Shares outstanding
139.04M
Market cap
$5.65B
Enterprise value
-$386.05M
Valuations
Price to earnings (P/E)
9.68
Price to book (P/B)
0.72
Price to sales (P/S)
2.24
EV/EBIT
-0.5
EV/EBITDA
-0.43
EV/Sales
-0.15
Earnings
Revenue
$2.53B
EBIT
$777M
EBITDA
$889M
Free cash flow
$1.32B
Per share
EPS
$4.2
Free cash flow per share
$9.52
Book value per share
$56.12
Revenue per share
$18.18
TBVPS
$607.02
Balance sheet
Total assets
$84.4B
Total liabilities
$76.6B
Debt
$7.27B
Equity
$7.8B
Working capital
N/A
Liquidity
Debt to equity
0.93
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-6.79
Margins
EBITDA margin
35.2%
Gross margin
100%
Net margin
24.1%
Operating margin
30.7%
Efficiency
Return on assets
0.8%
Return on equity
8.1%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
30.7%
Dividend
Dividend yield
6.67%
DPS
$2.71
Payout ratio
64.5%

CMA stock price

How has the Comerica stock price performed over time

Financial performance

How have Comerica's revenue and profit performed over time
Revenue
$2.53B
Gross profit
$2.53B
Operating income
$777M
Net income
$609M
Gross margin
100%
Net margin
24.1%
The net income has dropped by 52% year-on-year and by 23% since the previous quarter
Comerica's operating income has shrunk by 51% YoY and by 24% QoQ
CMA's net margin is down by 36% year-on-year and by 16% since the previous quarter
The operating margin has declined by 35% year-on-year and by 17% since the previous quarter

Growth

What is Comerica's growth rate over time

Valuation

What is Comerica stock price valuation
P/E
9.68
P/B
0.72
P/S
2.24
EV/EBIT
-0.5
EV/EBITDA
-0.43
EV/Sales
-0.15
The EPS has decreased by 47% YoY and by 21% from the previous quarter
CMA's P/E is 33% below its 5-year quarterly average of 14.5 but 21% above its last 4 quarters average of 8.0
The P/B is 49% less than the 5-year quarterly average of 1.4 and 28% less than the last 4 quarters average of 1.0
Comerica's equity has increased by 7% YoY and by 5% from the previous quarter
CMA's price to sales (P/S) is 38% lower than its 5-year quarterly average of 3.6 and 7% lower than its last 4 quarters average of 2.4
The revenue has contracted by 25% YoY and by 8% from the previous quarter

Efficiency

How efficient is Comerica business performance
CMA's ROA has dropped by 56% year-on-year and by 27% since the previous quarter
Comerica's ROIC has plunged by 52% YoY and by 23% from the previous quarter
CMA's ROE has dropped by 52% year-on-year and by 25% since the previous quarter
The ROS has decreased by 35% YoY and by 17% from the previous quarter

Dividends

What is CMA's dividend history
DPS
$2.71
Dividend yield
6.67%
Payout ratio
64.5%
Recent dividends

Financial health

How did Comerica financials performed over time
The total assets is 10% greater than the total liabilities
The total liabilities has grown by 18% year-on-year and by 11% since the previous quarter
The total assets rose by 16% year-on-year and by 11% since the previous quarter
CMA's debt is 7% smaller than its equity
CMA's debt to equity is down by 29% from the previous quarter and by 18% YoY
CMA's debt is down by 25% since the previous quarter and by 12% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.