Comerica Net Worth

Comerica Net Worth Breakdown

  CMA
The net worth of Comerica is the difference between its total assets and liabilities. Comerica's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Comerica's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Comerica's net worth can be used as a measure of its financial health and stability which can help investors to decide if Comerica is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Comerica stock.

Comerica Net Worth Analysis

Comerica's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Comerica's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Comerica's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Comerica's net worth analysis. One common approach is to calculate Comerica's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Comerica's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Comerica's net worth. This approach calculates the present value of Comerica's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Comerica's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Comerica's net worth. This involves comparing Comerica's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Comerica's net worth relative to its peers.

Enterprise Value

7.7 Billion

To determine if Comerica is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Comerica's net worth research are outlined below:
Comerica has a poor financial position based on the latest SEC disclosures
Over 88.0% of the company shares are held by institutions such as insurance companies
On 1st of October 2024 Comerica paid $ 0.71 per share dividend to its current shareholders
Latest headline from gurufocus.com: Comerica Inc Shares Up 2.43 percent on Nov 21

Comerica Quarterly Good Will

635 Million

Comerica uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Comerica. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Comerica's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
18th of April 2024
Upcoming Quarterly Report
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19th of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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17th of January 2025
Next Fiscal Year End
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31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
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Know Comerica's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Comerica is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Comerica backward and forwards among themselves. Comerica's institutional investor refers to the entity that pools money to purchase Comerica's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2024-09-30
2.1 M
Millennium Management Llc2024-06-30
M
Vaughan Nelson Scarbrgh & Mccullough Lp2024-06-30
1.8 M
Barrow Hanley Mewhinney & Strauss Llc2024-09-30
1.7 M
First Trust Advisors L.p.2024-06-30
1.6 M
Bank Of New York Mellon Corp2024-06-30
1.5 M
Northern Trust Corp2024-09-30
1.5 M
Moore Capital Management, Lp2024-06-30
1.3 M
Samlyn Capital, Llc2024-09-30
1.2 M
Blackrock Inc2024-06-30
19.3 M
Vanguard Group Inc2024-09-30
14.8 M
Note, although Comerica's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Comerica's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 9.35 B.

Market Cap

4.01 Billion

Project Comerica's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.01  0.01 
Return On Assets 0.01  0.01 
Return On Equity 0.14  0.14 
The company has Net Profit Margin of 0.18 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.31 %, which entails that for every 100 dollars of revenue, it generated $0.31 of operating income.
When accessing Comerica's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Comerica's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Comerica's profitability and make more informed investment decisions.
Please note, the presentation of Comerica's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Comerica's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Comerica's management manipulating its earnings.

Evaluate Comerica's management efficiency

At present, Comerica's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Comerica's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 20.4 B, whereas Total Assets are forecasted to decline to about 59.4 B. Comerica's management efficiency ratios could be used to measure how well Comerica manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 48.53  37.41 
Tangible Book Value Per Share 43.72  36.16 
Enterprise Value Over EBITDA 6.39  9.34 
Price Book Value Ratio 1.15  1.75 
Enterprise Value Multiple 6.39  9.34 
Price Fair Value 1.15  1.75 
Enterprise Value4.6 B7.7 B
Comerica has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue
5.1638
Revenue
3.2 B
Quarterly Revenue Growth
(0.1)
Revenue Per Share
23.812
Return On Equity
0.0909
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Comerica insiders, such as employees or executives, is commonly permitted as long as it does not rely on Comerica's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Comerica insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Comerica Corporate Filings

F4
21st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
12th of November 2024
An amended filing to the original Schedule 13G
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10Q
28th of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
22nd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
Comerica time-series forecasting models is one of many Comerica's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Comerica's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Comerica Earnings per Share Projection vs Actual

Comerica Corporate Directors

Reginald TurnerIndependent DirectorProfile
Richard LindnerIndependent DirectorProfile
Michael CollinsIndependent DirectorProfile
Ximena HumrichouseIndependent DirectorProfile
When determining whether Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
2.84
Earnings Share
4
Revenue Per Share
23.812
Quarterly Revenue Growth
(0.1)
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.