Back to top
more

Comerica (CMA)

(Real Time Quote from BATS)

$51.80 USD

51.80
143,039

-0.27 (-0.52%)

Updated Apr 29, 2024 10:50 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 18% (46 out of 252)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

Headquartered in Dallas, TX, Comerica Incorporated is a banking and financial services company. The company delivers financial services in three primary geographic markets - Texas, California, Michigan, as well as Arizona and Florida. Also, the firm has operations in numerous other U.S. states as well as in Canada and Mexico.

Organic Growth Supports Comerica (CMA), High Expenses Hurt

Decent loan growth, rising NII, adequate liquidity and sustainable capital distributions are major tailwinds for Comerica (CMA). However, increasing costs are likely to limit bottom-line growth.

Should You Retain Comerica (CMA) for Its 6.49% Dividend Yield?

Investors may consider attractive dividend-yielding stocks like Comerica (CMA) for their portfolios amid the current economic uncertainties.

Comerica Incorporated (CMA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Comerica Incorporated (CMA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Comerica (CMA) Gains 1.2% on Q3 Earnings & Revenues Beat

An increase in revenues, supported by higher fee income, aids Comerica's (CMA) Q3 earnings. However, increasing expenses and higher allowance for credit losses are headwinds.

Comerica Incorporated (CMA) Q3 Earnings and Revenues Top Estimates

Comerica Incorporated (CMA) delivered earnings and revenue surprises of 8.24% and 1.72%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Truist Financial Corporation (TFC) Surpasses Q3 Earnings Estimates

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 2.44% and 0.04%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Will Lower NII & Fee Income Hurt Comerica's (CMA) Q3 Earnings?

A weaker lending environment and high funding costs are likely to have affected Comerica's (CMA) NII. A fall in fee income is also expected to hurt its Q3 Earnings.

Earnings Preview: Comerica Incorporated (CMA) Q3 Earnings Expected to Decline

Comerica Incorporated (CMA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Citigroup (C) Beats Q3 Earnings and Revenue Estimates

Citigroup (C) delivered earnings and revenue surprises of 20.63% and 4.22%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Value Trader Highlights: Bank OZK, Bank of America, The PNC Financial Services Group, Comerica and WesBanco

Bank OZK, Bank of America, The PNC Financial Services Group, Comerica and WesBanco are part of the Zacks Value Trader blog.

Tracey Ryniec headshot

The Banks: Value Stocks or Traps?

Bank stocks have sold off over the last month as treasuries have spiked. Are they deals?

Do Options Traders Know Something About Comerica (CMA) Stock We Don't?

Investors need to pay close attention to Comerica (CMA) stock based on the movements in the options market lately.

Swayta Shah headshot

Fed Signals High Rates for Long Term: What it Means for Banks?

The Fed keeps the interest rates unchanged and signals higher rates for longer period. This shows more pain ahead for banks like Western Alliance Bancorp (WAL), Zions (ZION), Comerica (CMA) & KeyCorp (KEY).

Truist Financial (TFC) Gains 1.1% on Expense Saving Program

Truist Financial (TFC) announces a $750 million gross expense saving program to be achieved over 12-18 months. The company also reiterates Q3 and full-year 2023 revenue and expense guidance.

Should You Consider Comerica (CMA) for Its Dividend Yield?

Investors may consider solid dividend-yielding stocks like Comerica (CMA) in their portfolios amid looming recession fears.

Rise in NII & High Rates Aid Comerica (CMA), High Costs Hurt

Decent loan growth, rising NII, adequate liquidity and sustainable capital distributions are major tailwinds for Comerica (CMA). However, rising costs are likely to limit bottom-line growth.

U.S. Bancorp's (USB) Arm Elavon Launches Talech Terminal

U.S. Bancorp's (USB) subsidiary Elavon unveils talech Terminal, which will enable small business owners to streamline their operations and enhance customer payment experiences.

Citigroup (C) Launches Relationship Tiers, Simplifies Banking

Citigroup (C) introduces Relationship Tiers, determined on the basis of Combined Average Monthly Balance of customers, to simplify retail banking process.

Company News for Aug 23, 2023

Companies in The News Are: M, NVDA, INVH, CMA

Bank of America (BAC) Expands Credit Card Cashback Rewards

With an aim to further align its credit cards with customers' requirements, Bank of America (BAC) is expanding credit card rewards into several new categories.

JPMorgan (JPM) Unveils Tap to Pay on iPhones for Merchants

JPMorgan (JPM) introduces Tap to Pay on iPhone for merchants with an aim to provide enhanced banking services.

Nikita Kataruka headshot

After Moody's, US Banks' Ratings Downgraded by S&P Global

S&P Global downgrades the credit ratings of several U.S. banks two weeks after Moody's took similar action.

Comerica (CMA) Launches New Banking Solution, Boosts Offerings

Comerica (CMA) launches Comerica Maximize, which will enable qualifying customers to earn interest income while growing and protecting their businesses with essential treasury services.

Swayta Shah headshot

U.S. Banks Fall at the Prospect of Another Ratings Downgrade

Investors turn bearish on JPMorgan (JPM), Bank of America (BAC), Comerica (CMA), Western Alliance (WAL) & KeyCorp (KEY) as banks brace for another ratings downgrade, this time from the Fitch.

Comerica (CMA) Gains 6.5% on Q2 Earnings Beat, NII Growth

An increase in revenues, supported by higher rates and loan growth aids Comerica's (CMA) Q2 earnings. However, increasing expenses and higher provisions are headwinds.