Skip to Content
Morningstar

Comerica Inc CMA

Morningstar Rating
Unlock
Stock XNYS Rating as of
$51.12 +0.32 (0.63%)
View Full Chart
As of Delayed Price Pre-Open: $51.15 +0.03
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Comerica Sees Net Interest Income Pressure but Market Too Harsh

Rajiv Bhatia, Eric Compton

Comerica is predominantly a commercial-focused middle-market bank, with over 90% of loans related to commercial lending and the majority of these related to its middle-market business. While the bank started in Michigan and remains a key player in this market, it has gradually expanded into California and Texas, which offer more growth potential. This has been a multiyear project and included moving the headquarters to Dallas from Michigan in 2007 and greatly expanding operations in Texas by acquiring Sterling Bancshares in 2011. Expansion in California has happened gradually for years, and the market has become Comerica's largest, with roughly one third of the bank’s loans now based there.

Read Full Report

Price vs Fair Value

View History
CMA is trading at a 858% premium.
Price
$51.12
Fair Value
$88.00
Uncertainty
High
1-Star Price
$847.53
5-Star Price
$19.10
Economic Moat
Lzfbst
Capital Allocation
Xhfbfrfj

Bulls Say, Bears Say

Bulls

Comerica's valuation is not demanding. It should not take heroic performance for the bank to rerate higher.

Bears

Comerica's previous attractiveness was based on a positive sensitivity to rising rates. This part of the story is over.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CMA is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$50.80
Day Range
$50.44–51.38
52-Week Range
$37.40–57.39
Bid/Ask
$50.41 / $51.99
Market Cap
$6.78 Bil
Volume/Avg
108 / 2.3 Mil

Key Statistics

Price/Earnings (Normalized)
7.83
Price/Sales
2.01
Dividend Yield (Trailing)
5.56%
Dividend Yield (Forward)
5.56%
Total Yield
5.56%

Company Profile

Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Core
Total Number of Employees
7,863
Website
https://www.comerica.com

Competitors

Valuation

View More
Metric
CMA
WFC
FITB
Price/Earnings (Normalized)
 7.8311.7510.45
Price/Book Value
 1.201.321.50
Price/Sales
 2.012.703.03
Price/Cash Flow
 8.877.906.78
Price/Earnings
CMA
WFC
FITB

Financial Strength

Metric
CMA
WFC
FITB
Quick Ratio
 ———
Current Ratio
 ———
Interest Coverage
 ———
Quick Ratio
No chart available

Profitability

Metric
CMA
WFC
FITB
Return on Assets (Normalized)
 1.00%1.00%1.22%
Return on Equity (Normalized)
 16.05%11.72%16.07%
Return on Invested Capital (Normalized)
 ———
Return on Assets
CMA
WFC
FITB
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Banks - Regional Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNP Paribas ADR
BNPQY
DcqvhsqgLvtqw$74.3 Bil
 Intesa Sanpaolo ADR
ISNPY
ZxjgzvjtkGhmd$68.4 Bil
 PNC Financial Services Group Inc
PNC
XjgjrnwhkGjlsjsj$63.2 Bil
 U.S. Bancorp
USB
XjbywldmzXbyf$62.4 Bil
 Mizuho Financial Group Inc ADR
MFG
QmpvnjddTbc$54.4 Bil
 Truist Financial Corp
TFC
HnshltrrJdsrf$52.9 Bil
 Itau Unibanco Holding SA ADR
ITUB
BwdwdmdLbh$52.5 Bil
 Lloyds Banking Group PLC ADR
LYG
RzkbmgdqHkvfb$43.3 Bil
 NatWest Group PLC ADR
NWG
DpcvwgbbqVkrc$33.3 Bil
 Deutsche Bank AG
DB
KglhyQqk$32.3 Bil

Sponsor Center