Financials Comerica Incorporated

Equities

CMA

US2003401070

Banks

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
52.07 USD -0.15% Intraday chart for Comerica Incorporated +0.99% -6.70%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,343 7,769 11,410 8,754 7,360 6,898 - -
Enterprise Value (EV) 1 10,343 7,769 11,410 8,754 7,360 6,898 6,898 6,898
P/E ratio 9.12 x 17.1 x 10.4 x 7.89 x 8.67 x 10.4 x 8.54 x 7.75 x
Yield 3.74% 4.87% 3.13% 4.07% 5.09% 5.49% 5.6% 5.86%
Capitalization / Revenue 3.09 x 2.67 x 3.85 x 2.48 x 2.05 x 2.06 x 1.92 x 1.86 x
EV / Revenue 3.09 x 2.67 x 3.85 x 2.48 x 2.05 x 2.06 x 1.92 x 1.86 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.39 x 1.02 x 1.52 x 1.83 x 1.22 x 1.11 x 1.01 x 0.85 x
Nbr of stocks (in thousands) 144,154 139,088 131,149 130,952 131,873 132,481 - -
Reference price 2 71.75 55.86 87.00 66.85 55.81 52.07 52.07 52.07
Announcement Date 1/21/20 1/19/21 1/19/22 1/19/23 1/19/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,349 2,912 2,967 3,534 3,592 3,341 3,598 3,706
EBITDA - - - - - - - -
EBIT 1 1,614 1,128 1,106 1,536 1,233 1,066 1,258 1,006
Operating Margin 48.19% 38.74% 37.28% 43.46% 34.33% 31.9% 34.96% 27.14%
Earnings before Tax (EBT) 1 1,532 591 1,490 1,476 1,144 914.1 1,096 1,134
Net income 1 1,191 459 1,140 1,122 854 685.8 821.7 875.8
Net margin 35.56% 15.76% 38.42% 31.75% 23.78% 20.53% 22.84% 23.63%
EPS 2 7.870 3.270 8.350 8.470 6.440 5.007 6.100 6.714
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.680 2.720 2.720 2.720 2.840 2.859 2.915 3.052
Announcement Date 1/21/20 1/19/21 1/19/22 1/19/23 1/19/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 755 750 700 829 985 1,020 990 924 896 782 784 817.9 845 874.3 871.7
EBITDA - - - - - - - - - - - - - - -
EBIT 1 290 264 227 347 483 479 439 389 341 64 181 256.2 283.2 313.9 289.9
Operating Margin 38.41% 35.2% 32.43% 41.86% 49.04% 46.96% 44.34% 42.1% 38.06% 8.18% 23.09% 31.33% 33.52% 35.91% 33.26%
Earnings before Tax (EBT) 1 332 289 238 337 455 446 409 356 327 52 167 228.2 245.4 267.7 248.6
Net income 1 255 221 182 255 343 342 317 266 244 27 131 168.8 180.6 195.9 183.2
Net margin 33.77% 29.47% 26% 30.76% 34.82% 33.53% 32.02% 28.79% 27.23% 3.45% 16.71% 20.64% 21.38% 22.41% 21.01%
EPS 2 1.900 1.660 1.370 1.920 2.600 2.580 2.390 2.010 1.840 0.2000 0.9800 1.232 1.331 1.444 1.331
Dividend per Share 2 0.6800 0.6800 0.6800 0.6800 0.6800 0.6800 0.7100 0.7100 0.7100 0.7100 0.7156 0.7106 0.7125 0.7156 0.7273
Announcement Date 10/20/21 1/19/22 4/20/22 7/20/22 10/19/22 1/19/23 4/20/23 7/21/23 10/20/23 1/19/24 4/18/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.4% 6.18% 15.2% 18.6% 19.8% 11.6% 12.6% 12.4%
ROA (Net income/ Total Assets) 1.68% 0.58% 1.3% 1.32% 1.21% 0.86% 1% 0.8%
Assets 1 70,893 79,138 87,692 85,000 70,579 79,401 82,525 109,477
Book Value Per Share 2 51.60 55.00 57.40 36.60 45.60 46.90 51.60 61.20
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/21/20 1/19/21 1/19/22 1/19/23 1/19/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
52.07 USD
Average target price
60.24 USD
Spread / Average Target
+15.69%
Consensus
  1. Stock Market
  2. Equities
  3. CMA Stock
  4. Financials Comerica Incorporated