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Comerica Incorporated

NYSE•CMA
CEO: Mr. Curtis Chatman Farmer
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 1980-03-17
Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, payment solutions, card services, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination; and various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment offers products and services comprising financial planning, trust and fiduciary services, investment management and advisory, brokerage, private banking, and business transition planning services for affluents, high-net worth and ultra-high-net-worth individuals and families, business owners, and executives, and institutional clients. The Finance segment comprises securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, and Florida, the United States; and Canada and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.
Contact Information
Comerica Bank Tower, 1717 Main Street, Dallas, TX, 75201-6404, United States
833-571-0486
www.comerica.com
Market Cap
$11.35B
P/E (TTM)
16.2
13
Dividend Yield
3.2%
52W High
$99.41
52W Low
$48.12
52W Range
79%
Rank46Top 59.5%
3.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.21B-0.99%
4-Quarter Trend

EPS

$1.28+4.06%
4-Quarter Trend

FCF

$0.00-100.00%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Net Interest Income Rises NII increased $109M to $1.72B for nine months; NIM improved 32 basis points to 3.14% driven by lower funding costs.
Net Income and EPS Increased Nine-month net income rose $19M to $547M; diluted EPS grew to $4.01 from $3.80 year-over-year comparison.
Strong Capital Ratios Maintained Estimated CET1 ratio remained strong at 11.90% compared to 11.89% year-end; Tangible Common Equity Ratio improved to 8.34%.
Nonperforming Assets Decline Total nonperforming assets decreased $48M to $260M year-end; allowance coverage remained stable at 1.43% of total loans.

Risk Factors

Merger Integration Risks High Pending Fifth Third merger introduces substantial integration costs, potential delays, and uncertainty regarding realizing expected synergies post-closing.
Economic Forecasts Show Headwinds CECL forecasts reflect slowing GDP growth, persistent inflation uncertainty, and potential downside risks from trade conflicts impacting credit quality.
Deposit Base Contraction Total deposits decreased $1.2B sequentially to $62.6B; short-term borrowings increased $965M to manage funding needs.
Sensitivity to Rate Changes Economic Value of Equity shows sensitivity, with a 100 basis point rise causing an estimated $302M negative impact on EVE.

Outlook

Merger Closing Anticipated All-stock merger with Fifth Third is anticipated to close at the end of Q1 2026, subject to regulatory and shareholder approvals.
Stable Credit Loss Outlook Allowance for credit losses is stable, reflecting slightly improved economic forecasts but continued management overlay for forecast uncertainty.
Capital Deployment Focus Corporation targets CET1 ratio near 10%; repurchased $302M in common stock during the nine months ended September 30, 2025.
Direct Express Contract Impact Loss of Direct Express contract may materially impact financial statements due to loss of $3.7B in noninterest-bearing deposits.

Peer Comparison

Revenue (TTM)

CFG stock ticker logoCFG
$11.28B
-6.9%
GGAL stock ticker logoGGAL
$9.76B
+35.3%
WAL stock ticker logoWAL
$5.53B
+9.5%

Gross Margin (Latest Quarter)

FHN stock ticker logoFHN
100.0%
+9.6pp
CFR stock ticker logoCFR
98.8%
+0.0pp
CBSH stock ticker logoCBSH
81.6%
+2.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CFG$26.60B13.57.6%5.4%
WBS$11.63B11.210.8%6.6%
FHN$11.50B11.311.4%15.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.8%
Moderate Growth
4Q Net Income CAGR
0.8%
Profitability Slowly Improving
Cash Flow Stability
50%
Cash Flow Needs Attention

Deep Research

Next earnings:Jul 21, 2026
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LTM
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