Comerica Incorporated
General ticker "CMA" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $9.1B
Comerica Incorporated follows the US Stock Market performance with the rate: 58.9%.
Estimated limits based on current volatility of 1.6%: low 60.58$, high 62.55$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-13, amount 0.71$ (Y4.54%)
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [38.12$, 59.69$]
- 2024-12-30 to 2025-12-30 estimated range: [47.95$, 71.30$]
Financial Metrics affecting the CMA estimates:
- Positive: Non-GAAP EPS, $ of 7.70 > 2.29
- Positive: Operating cash flow per share per price, % of 18.69 > 12.76
- Negative: Interest expense per share, $ of 12.58 > 0.74
- Positive: Operating profit margin, % of 37.58 > 19.51
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.02
Short-term CMA quotes
Long-term CMA plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $2,967.00MM | $3,740.00MM | $3,592.00MM |
| Operating Expenses | $1,477.00MM | $2,264.00MM | $2,242.00MM |
| Operating Income | $1,490.00MM | $1,476.00MM | $1,350.00MM |
| Non-Operating Income | $0.00MM | $0.00MM | $-206.00MM |
| Interest Expense | $57.00MM | $206.00MM | $1,661.00MM |
| Income(Loss) | $1,490.00MM | $1,476.00MM | $1,144.00MM |
| Taxes | $322.00MM | $325.00MM | $263.00MM |
| Profit(Loss) | $1,168.00MM | $1,151.00MM | $881.00MM |
| Stockholders Equity | $7,897.00MM | $5,181.00MM | $6,406.00MM |
| Inventory | $23,019.00MM | $0.00MM | $0.00MM |
| Assets | $94,616.00MM | $85,406.00MM | $85,834.00MM |
| Operating Cash Flow | $634.00MM | $638.00MM | $1,251.00MM |
| Capital expenditure | $70.00MM | $82.00MM | $153.00MM |
| Investing Cash Flow | $1,723.00MM | $-9,952.00MM | $3,494.00MM |
| Financing Cash Flow | $4,555.00MM | $-7,083.00MM | $-1,525.00MM |
| Earnings Per Share* | $8.44 | $8.56 | $6.47 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.