Comerica Incorporated logo

CMA

Comerica Incorporated

$47.8

Earnings Summary

Revenue
$1250Mn
Net Profits
$138Mn
Net Profit Margins
11.04%
PE Ratio
9.41

Highlights

Revenue:

Comerica Incorporated’s revenue jumped 26.26% since last year same period to $1250Mn in the Q1 2024. On a quarterly growth basis, Comerica Incorporated has generated -5.37% fall in its revenue since last 3-months.

Net Profits:

Comerica Incorporated’s net profit fell -57.41% since last year same period to $138Mn in the Q1 2024. On a quarterly growth basis, Comerica Incorporated has generated 318.18% jump in its net profits since last 3-months.

Net Profit Margins:

Comerica Incorporated’s net profit margin fell -66.27% since last year same period to 11.04% in the Q1 2024. On a quarterly growth basis, Comerica Incorporated has generated 341.93% jump in its net profit margins since last 3-months.

PE Ratio:

Comerica Incorporated’s price-to-earnings ratio after this Q1 2024 earnings stands at 9.41.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
1.21
EPS Estimate Current Year
1.21

Highlights

EPS Estimate Current Quarter:

Comerica Incorporated’s earning per share (EPS) estimates for the current quarter stand at 1.21 - a 8.04% jump from last quarter’s estimates.

EPS Estimate Current Year:

Comerica Incorporated’s earning per share (EPS) estimates for the current year stand at 1.21.

Key Ratios

Key ratios of the Comerica Incorporated post its Q1 2024 earnings

Earning Per Share (EPS)
0.98
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.71

Highlights

Earning Per Share (EPS):

Comerica Incorporated’s earning per share (EPS) fell -59% since last year same period to 0.98 in the Q1 2024. This indicates that the Comerica Incorporated has generated -59% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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 0.12.

Dividend Per Share (DPS):

Comerica Incorporated declared 0.71 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-26
1.12
0.98
-12.5%