Comerica Incorporated

Comerica Incorporatedverified

CMA

Price:

$47.08

Market Cap:

$6.24B

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan...[Read more]

Industry

Banks - Regional

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

CMA

The PE Ratio as of June 2024 (TTM) for Comerica Incorporated (CMA) is 9.36

According to Comerica Incorporated’s latest financial reports and current stock price. The company's current PE Ratio is 9.36. This represents a change of -52.78% compared to the average of 19.82 of the last 4 quarters.

Comerica Incorporated (CMA) Historical PE Ratio (quarterly & annually)

How has CMA PE Ratio performed in the past?

The mean historical PE Ratio of Comerica Incorporated over the last ten years is 13.31. The current 9.36 PE Ratio has changed 6.93% with respect to the historical average. Over the past ten years (40 quarters), CMA's PE Ratio was at its highest in in the December 2023 quarter at 55.77. The PE Ratio was at its lowest in in the March 2020 quarter at -15.85.

Quarterly (TTM)
Annual

Average

13.31

Median

12.09

Minimum

7.61

Maximum

24.56

Comerica Incorporated (CMA) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Comerica Incorporated PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 73.90%

Maximum Annual PE Ratio = 24.56

Minimum Annual Increase = -54.04%

Minimum Annual PE Ratio = 7.61

Quarterly (TTM)
Annual
YearPE RatioChange
20238.369.90%
20227.61-24.34%
202110.06-35.63%
202015.6273.90%
20198.98-3.86%
20189.34-54.04%
201720.33-17.22%
201624.5673.80%
201514.13-0.06%
201414.14-12.08%

Comerica Incorporated (CMA) Average PE Ratio

How has CMA PE Ratio performed in the past?

The current PE Ratio of Comerica Incorporated (CMA) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.68

5-year avg

10.13

10-year avg

13.31

Comerica Incorporated (CMA) PE Ratio vs. Peers

How is CMA’s PE Ratio compared to its peers?

Comerica Incorporated’s PE Ratio is greater than Western Alliance Bancorporation (8.55), less than KeyCorp (14.42), greater than PacWest Bancorp (-0.65), greater than Truist Financial Corporation (-33.97), less than Zions Bancorporation, National Association (9.66), less than Huntington Bancshares Incorporated (10.15), less than U.S. Bancorp (12.07), less than First Horizon Corporation (13.67), less than Regions Financial Corporation (9.51), less than The PNC Financial Services Group, Inc. (11.68),

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