Comerica Incorporated logo

CMA

Comerica Incorporated

$43.59

Earnings Summary

Revenue
$1020Mn
Net Profits
$350Mn
Net Profit Margins
34.31%
PE Ratio
5.62

Highlights

Revenue:

Comerica Incorporated’s revenue jumped 36% since last year same period to $1020Mn in the Q4 2022. On a quarterly growth basis, Comerica Incorporated has generated 3.55% jump in its revenue since last 3-months.

Net Profits:

Comerica Incorporated’s net profit jumped 53.51% since last year same period to $350Mn in the Q4 2022. On a quarterly growth basis, Comerica Incorporated has generated -0.28% fall in its net profits since last 3-months.

Net Profit Margins:

Comerica Incorporated’s net profit margin jumped 12.87% since last year same period to 34.31% in the Q4 2022. On a quarterly growth basis, Comerica Incorporated has generated -3.71% fall in its net profit margins since last 3-months.

PE Ratio:

Comerica Incorporated’s price-to-earnings ratio after this Q4 2022 earnings stands at 5.62.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Comerica Incorporated post its latest quarter earnings

EPS Estimate Current Quarter
2.59
EPS Estimate Current Year
2.59

Highlights

EPS Estimate Current Quarter:

Comerica Incorporated’s earning per share (EPS) estimates for the current quarter stand at 2.59 - a 0.78% jump from last quarter’s estimates.

EPS Estimate Current Year:

Comerica Incorporated’s earning per share (EPS) estimates for the current year stand at 2.59.

Key Ratios

Key ratios of the Comerica Incorporated post its Q4 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.18
Dividend Per Share (DPS)
0.68

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Comerica Incorporated’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Comerica Incorporated’s return on equity (ROE) stands at 0.18.

Dividend Per Share (DPS):

Comerica Incorporated declared 0.68 dividend per share during the earnings announcement for Q4 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-27
1.38
1.37
-0.72%
2022-10-28
2.57
2.6
1.17%
2022-07-28
1.78
1.92
7.87%

Company Information

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Floridaand Michigan, with select businesses operating in several other states, as well as in Canadaand Mexico.

Organisation
Comerica Incorporated
Headquarters
Comerica Bank Tower, Dallas, TX, United States, 75201
Employees
7280
Industry
Finance
CEO
Curtis C. Farmer

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