Financials Comerica Incorporated

Equities

CMA

US2003401070

Banks

Market Closed - Nyse 04:00:02 2024-05-23 pm EDT 5-day change 1st Jan Change
50.24 USD -5.67% Intraday chart for Comerica Incorporated -7.83% -9.98%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,343 7,769 11,410 8,754 7,360 6,661 - -
Enterprise Value (EV) 1 10,343 7,769 11,410 8,754 7,360 6,661 6,661 6,661
P/E ratio 9.12 x 17.1 x 10.4 x 7.89 x 8.67 x 10.1 x 8.25 x 7.5 x
Yield 3.74% 4.87% 3.13% 4.07% 5.09% 5.69% 5.83% 6.07%
Capitalization / Revenue 3.09 x 2.67 x 3.85 x 2.48 x 2.05 x 1.99 x 1.85 x 1.8 x
EV / Revenue 3.09 x 2.67 x 3.85 x 2.48 x 2.05 x 1.99 x 1.85 x 1.8 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 1.07 x 0.97 x 0.82 x
Nbr of stocks (in thousands) 144,154 139,088 131,149 130,952 131,873 132,587 - -
Reference price 2 71.75 55.86 87.00 66.85 55.81 50.24 50.24 50.24
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 3,340 3,597 3,705
EBITDA - - - - - - - -
EBIT 1 1,614 1,128 1,106 1,536 1,233 1,057 1,260 1,006
Operating Margin 48.19% 38.74% 37.28% 43.46% 34.33% 31.63% 35.04% 27.15%
Earnings before Tax (EBT) 1 1,532 591 1,490 1,476 1,144 910.9 1,096 1,142
Net income 1 1,191 459 1,140 1,122 854 683.3 816.2 873.4
Net margin 35.56% 15.76% 38.42% 31.75% 23.78% 20.46% 22.69% 23.57%
EPS 2 7.870 3.270 8.350 8.470 6.440 4.976 6.086 6.696
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 2.858 2.928 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 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 2025 Q2
Net sales 1 750 700 829 985 1,020 990 924 896 782 784 819 842.9 875 872.4 893.4
EBITDA - - - - - - - - - - - - - - -
EBIT 1 264 227 347 483 479 439 389 341 64 181 253.6 280.3 313.5 293.8 316.8
Operating Margin 35.2% 32.43% 41.86% 49.04% 46.96% 44.34% 42.1% 38.06% 8.18% 23.09% 30.97% 33.25% 35.83% 33.68% 35.46%
Earnings before Tax (EBT) 1 289 238 337 455 446 409 356 327 52 167 226.1 241.9 267.8 249.6 271.9
Net income 1 221 182 255 343 342 317 266 244 27 131 166 177.7 194.7 185.8 201.1
Net margin 29.47% 26% 30.76% 34.82% 33.53% 32.02% 28.79% 27.23% 3.45% 16.71% 20.27% 21.08% 22.25% 21.29% 22.51%
EPS 2 1.660 1.370 1.920 2.600 2.580 2.390 2.010 1.840 0.2000 0.9800 1.222 1.319 1.441 1.347 1.481
Dividend per Share 2 0.6800 0.6800 0.6800 0.6800 0.6800 0.7100 0.7100 0.7100 0.7100 0.7100 0.7106 0.7124 0.7153 0.7275 0.7275
Announcement Date 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% 12.5% 12.3%
ROA (Net income/ Total Assets) 1.68% 0.58% 1.3% 1.32% 1.21% 0.87% 1% 0.8%
Assets 1 70,893 79,138 87,692 85,000 70,579 78,856 81,506 109,171
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
50.24 USD
Average target price
59.95 USD
Spread / Average Target
+19.33%
Consensus
  1. Stock Market
  2. Equities
  3. CMA Stock
  4. Financials Comerica Incorporated