Comerica Inc. Stock
€49.20
Your prediction
Comerica Inc. Stock
Comerica Incorporated (Symbol: CMA) is a leading financial services company based in Dallas, Texas, with a rich history dating back to its founding in Detroit, Michigan in 1849. Primarily operating within the banking sector, Comerica provides a diverse range of financial products and services, including personal and business banking, wealth management, and investment services. With a strong presence across the United States, Comerica caters to the needs of customers from various segments, such as small to mid-sized businesses, large corporations, and individual consumers. As a publicly traded company listed on the New York Stock Exchange, Comerica is committed to delivering shareholder value through continued growth, innovation, and prudent risk management.
Pros and Cons of Comerica Inc. in the next few years
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Performance of Comerica Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Comerica Inc. | -0.400% | 2.929% | 2.075% | 32.258% | -3.529% | -15.522% | -28.994% |
| Citigroup Inc. | 1.940% | 5.110% | 2.291% | 31.906% | 23.796% | -2.373% | -7.023% |
| Bank of America Corp. | 0.040% | 5.164% | 3.851% | 34.335% | 15.232% | 9.127% | 30.465% |
| Citizens Financial | 1.200% | 5.533% | 0.169% | 23.917% | 7.428% | -12.325% | 14.158% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financial statements of Comerica Incorporated (CMA) in the Banking Services industry provide an interesting insight into the company's performance over the past three years. Although the company has shown fluctuations in assets, liabilities, and net income, it remains an active player in the banking sector with promising prospects.
Total assets growth: Between 2020 and 2021, total assets increased from $88.1 billion to $94.6 billion. However, there was a decrease to $85.4 billion in 2022, which indicates some level of inconsistency in asset growth.
Strong net interest income: Comerica's net interest income has been consistently high over the years, reaching $1.91 billion in 2020, $1.84 billion in 2021, and $742 million in the fourth quarter of 2022. The positive net interest income demonstrates a well-managed interest-earning asset portfolio.
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