Comerica (CMA) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
3.2B
Net Income
698.0M
21.52%
EPS (Diluted)
$5.02
Balance Sheet Metrics
Total Assets
79.3B
Total Liabilities
72.8B
Shareholders Equity
6.5B
Debt to Equity
11.12
Cash Flow Metrics
Operating Cash Flow
730.0M
Free Cash Flow
448.0M
Revenue & Profitability Trend
Comerica Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 3.2B | 3.6B | 3.5B | 3.0B | 2.9B |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 1.5B | 1.4B | 1.3B | 1.2B | 1.1B |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 888.0M | 1.1B | 1.5B | 1.5B | 621.0M |
| Income Tax | 190.0M | 263.0M | 325.0M | 322.0M | 124.0M |
| Net Income | 698.0M | 881.0M | 1.2B | 1.2B | 497.0M |
| EPS (Diluted) | $5.02 | $6.44 | $8.47 | $8.35 | $3.27 |
Income Statement Trend
Comerica Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 79.3B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 72.8B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 6.5B | 6.4B | 5.2B | 7.9B | 8.0B |
Balance Sheet Composition
Comerica Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 698.0M | 881.0M | 1.2B | 1.2B | 497.0M |
| Operating Cash Flow | 730.0M | 822.0M | 508.0M | 931.0M | 460.0M |
| Investing Activities | |||||
| Capital Expenditures | -153.0M | -153.0M | -82.0M | -70.0M | -79.0M |
| Investing Cash Flow | 1.7B | 2.2B | -5.1B | -2.3B | -2.5B |
| Financing Activities | |||||
| Dividends Paid | -400.0M | -394.0M | -376.0M | -392.0M | -383.0M |
| Financing Cash Flow | -3.6B | 3.1B | 3.3B | -3.9B | -1.9B |
| Free Cash Flow | 448.0M | 1.1B | 556.0M | 564.0M | 849.0M |
Cash Flow Trend
Comerica Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
10.84
Forward P/E
10.47
Price to Book
1.13
Price to Sales
2.33
PEG Ratio
10.47
Profitability Ratios
Profit Margin
22.64%
Operating Margin
29.54%
Return on Equity
11.17%
Return on Assets
0.93%
Financial Health
Debt to Equity
1.05
Beta
0.94
Per Share Data
EPS (TTM)
$5.29
Book Value per Share
$50.74
Revenue per Share
$24.32
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| cma | 7.5B | 10.84 | 1.13 | 11.17% | 22.64% | 1.05 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| U.S. Bancorp | 69.7B | 11.08 | 1.31 | 11.53% | 26.38% | 1.34 |
| SouthState | 9.0B | 13.91 | 1.04 | 7.18% | 27.82% | 0.30 |
| Webster Financial | 9.0B | 12.09 | 1.01 | 8.68% | 32.85% | 0.45 |
| Commerce Bancshares | 8.1B | 15.07 | 2.34 | 17.01% | 33.17% | 0.70 |
Financial data is updated regularly. All figures are in the company's reporting currency.