comerica incorporated (nyse: cma) is a financial services company headquartered in dallas, texas, strategically aligned by the business bank, the retail bank, and wealth management. the business bank provides companies of all sizes with an array of credit and non-credit financial products and services. the retail bank delivers personalized financial products and services to consumers. wealth management serves the needs of high net worth clients and institutions. comerica’s nearly 9,000 colleagues focus on relationships, and helping people and businesses be successful. comerica operates in seven of the 10 largest u.s. cities, with 480 banking centers in its primary markets of texas, arizona, california, florida and michigan. select businesses operate in several other states, as well as in canada and mexico. comerica is among the 22 largest u.s. banking companies, with $69.2 billion in total assets at december 31, 2014. visit comerica's facebook page at facebook.com/comericacares or
![Comerica logo](/files/LOGO/28412-CMA.png)
Company profile
Ticker
CMA
Exchange
Website
CEO
Curtis C. Farmer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
B&G Tax Equity Partnership, LLC • Briel Farm Solar, LLC • Cass & Co. • Comerica Assurance Ltd. • Comerica Bank (d.b.a. Comerica - Technology • Comerica Capital Advisors Incorporated • Comerica Financial Incorporated • Comerica Holdings Incorporated • Comerica Insurance Group, Inc. • Comerica Insurance Services, Inc. ...
IRS number
6021
CMA stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
26 Jul 24
8-K
Second Quarter 2024 Net Income of $206 Million, $1.49 Per Share
19 Jul 24
8-K
Regulation FD Disclosure
10 Jun 24
8-K
Departure of Directors or Certain Officers
26 Apr 24
10-Q
2024 Q1
Quarterly report
26 Apr 24
S-8
Registration of securities for employees
23 Apr 24
8-K
First Quarter 2024 Net Income of $138 Million, $0.98 Per Share
18 Apr 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEFA14A
Additional proxy soliciting materials
13 Mar 24
ARS
2023 FY
Annual report to shareholders
11 Mar 24
Transcripts
CMA
Earnings call transcript
2024 Q2
19 Jul 24
CMA
Earnings call transcript
2024 Q1
18 Apr 24
CMA
Earnings call transcript
2023 Q4
19 Jan 24
CMA
Earnings call transcript
2023 Q3
20 Oct 23
CMA
Earnings call transcript
2023 Q2
21 Jul 23
CMA
Earnings call transcript
2023 Q1
20 Apr 23
CMA
Earnings call transcript
2022 Q4
19 Jan 23
CMA
Earnings call transcript
2022 Q3
19 Oct 22
CMA
Earnings call transcript
2022 Q2
20 Jul 22
CMA
Earnings call transcript
2022 Q1
20 Apr 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.81 bn | 4.81 bn | 4.81 bn | 4.81 bn | 4.81 bn | |
Cash burn (monthly) | 107.67 mm | 450.92 mm | (no burn) | (no burn) | (no burn) | |
Cash used (since last report) | 96.87 mm | 405.71 mm | n/a | n/a | n/a | |
Cash remaining | 4.72 bn | 4.41 bn | n/a | n/a | n/a | |
Runway (months of cash) | 43.8 | 9.8 | n/a | n/a | n/a |
Institutional ownership, Q1 2024
77.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 542 |
Opened positions | 182 |
Closed positions | 63 |
Increased positions | 136 |
Reduced positions | 150 |
13F shares | Current |
---|---|
Total value | 5.17 tn |
Total shares | 102.33 mm |
Total puts | 2.97 mm |
Total calls | 3.48 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 16.61 mm | $913.17 bn |
BLK Blackrock | 11.92 mm | $655.54 bn |
STT State Street | 6.92 mm | $385.63 bn |
IVZ Invesco | 3.76 mm | $206.71 bn |
MS Morgan Stanley | 3.71 mm | $204.20 bn |
Alliancebernstein | 3.24 mm | $178.06 bn |
Geode Capital Management | 3.09 mm | $169.60 bn |
Dimensional Fund Advisors | 2.67 mm | $147.09 bn |
GS Goldman Sachs | 2.61 mm | $143.79 bn |
Azora Capital | 2.00 mm | $109.78 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Jul 24 | Arthur G Angulo | Common Stock | Grant | Acquire A | No | No | 0 | 2,495 | 0.00 | 5,025 |
23 Jul 24 | Flores Nancy | Common Stock | Grant | Acquire A | No | No | 0 | 2,495 | 0.00 | 6,770 |
23 Jul 24 | Cregg Roger A | Common Stock | Grant | Acquire A | No | No | 0 | 2,495 | 0.00 | 67,704 |
23 Jul 24 | Alan Gardner | Common Stock | Grant | Acquire A | No | No | 0 | 2,495 | 0.00 | 5,025 |
23 Jul 24 | Kerr Derek J | Common Stock | Grant | Acquire A | No | No | 0 | 2,495 | 0.00 | 5,025 |
News
Wall Street's Most Accurate Analysts Weigh In On 3 Financials Stocks With Over 5% Dividend Yields
26 Jul 24
Morgan Stanley Maintains Equal-Weight on Comerica, Lowers Price Target to $50
22 Jul 24
Is Comerica Headed For A Net Interest Income Inflection? 'We Remain Optimistic,' Analysts Say
22 Jul 24
RBC Capital Maintains Outperform on Comerica, Lowers Price Target to $56
22 Jul 24
These Analysts Revise Their Forecasts On Comerica After Q2 Results
22 Jul 24
Press releases
Comerica Declares Common and Preferred Stock Dividends
23 Jul 24
Comerica Reports Second Quarter 2024 Earnings Results
19 Jul 24
KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
7 Jun 24
Comerica Bank's 15th Annual Shred Day Moves to Farmington Hills on Saturday, June 15
30 May 24
Comerica to Participate in 2024 Morgan Stanley US Financials, Payments & CRE Conference; Announces Details for Conference Call to Review Second Quarter 2024 Earnings
28 May 24