CMA Comerica Inc

Price (delayed)

$47.62

Market cap

$6.28B

P/E Ratio

5.36

Dividend/share

$2.81

EPS

$8.88

Enterprise value

$9.03B

Comerica Incorporated is a financial services company headquartered in Dallas, Texas. It has retail banking operations in Texas, Michigan, Arizona, California and Florida, with select business operations in several other ...

Highlights

CMA's P/E is 40% below its 5-year quarterly average of 9.0

CMA's debt is down by 34% since the previous quarter

The net income has increased by 16% year-on-year but it has declined by 8% since the previous quarter

The EPS has increased by 16% YoY but it has decreased by 8% from the previous quarter

Comerica's equity has decreased by 11% from the previous quarter

Sector: Financial Services

Industry: Banks - Regional

Website: https://www.comerica.com/

Peers: RF KEY BAC WFC

Key stats

What are the main financial stats of CMA

Market

Shares outstanding

131.87M

Market cap

$6.28B

Enterprise value

$9.03B

Valuations

Price to earnings (P/E)

5.36

Price to book (P/B)

1.26

Price to sales (P/S)

1.69

EV/EBIT

5.87

EV/EBITDA

5.56

EV/Sales

2.43

Earnings

Revenue

$3.72B

EBIT

$1.54B

EBITDA

$1.62B

Free cash flow

$609M

Per share

EPS

$8.88

Free cash flow per share

$4.62

Book value per share

$37.73

Revenue per share

$28.23

TBVPS

$650.39

Balance sheet

Total assets

$85.71B

Total liabilities

$80.73B

Debt

$10.86B

Equity

$4.97B

Working capital

N/A

Liquidity

Debt to equity

2.18

Current ratio

N/A

Quick ratio

N/A

Net debt/EBITDA

1.69

Margins

EBITDA margin

43.6%

Gross margin

100%

Net margin

32.2%

Operating margin

41.3%

Efficiency

Return on assets

1.3%

Return on equity

21.5%

Return on invested capital

1.7%

Return on capital employed

N/A

Return on sales

41.3%

Dividend

Dividend yield

5.9%

DPS

$2.81

Payout ratio

31.6%

CMA stock price

How has the Comerica stock price performed over time

Intraday

-0.44%

1 week

5.63%

1 month

10.82%

1 year

-27.46%

YTD

-28.77%

QTD

14.61%

Financial performance

How have Comerica's revenue and profit performed over time

Revenue

$3.72B

Gross profit

$3.72B

Operating income

$1.54B

Net income

$1.2B

Gross margin

100%

Net margin

32.2%

Comerica's operating income has increased by 17% YoY but it has decreased by 8% QoQ

The net income has increased by 16% year-on-year but it has declined by 8% since the previous quarter

The revenue has grown by 14% YoY

Comerica's gross profit has increased by 14% YoY

Growth

What is Comerica's growth rate over time

Valuation

What is Comerica stock price valuation

CMA P/E details

P/E

5.36

P/B

1.26

P/S

1.69

EV/EBIT

5.87

EV/EBITDA

5.56

EV/Sales

2.43

CMA's P/E is 40% below its 5-year quarterly average of 9.0

The EPS has increased by 16% YoY but it has decreased by 8% from the previous quarter

Comerica's equity has decreased by 11% from the previous quarter

The P/B is 5% more than the last 4 quarters average of 1.2 but 3.1% less than the 5-year quarterly average of 1.3

CMA's price to sales (P/S) is 40% lower than its 5-year quarterly average of 2.8

The revenue has grown by 14% YoY

Efficiency

How efficient is Comerica business performance

CMA's ROE is up by 42% year-on-year but it is down by 7% since the previous quarter

CMA's ROA is up by 18% year-on-year but it is down by 7% since the previous quarter

The ROS has decreased by 6% from the previous quarter but it has increased by 2.2% YoY

Comerica's ROIC has decreased by 6% from the previous quarter

Dividends

What is CMA's dividend history

Dividend details

DPS

$2.81

Dividend yield

5.9%

Payout ratio

31.6%

Recent dividends

Financial health

How did Comerica financials performed over time

The total assets is 6% greater than the total liabilities

The total assets has declined by 6% since the previous quarter

The total liabilities has declined by 5% since the previous quarter but it has grown by 2.1% year-on-year

CMA's debt is 118% greater than its equity

CMA's debt is down by 34% since the previous quarter

CMA's debt to equity is down by 26% from the previous quarter

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