Comerica (CMA) Expected to Announce Quarterly Earnings on Friday

Comerica (NYSE:CMA) is anticipated to announce its Q2 2025 earnings results before the market opens on Friday, July 18th. Analysts expect Comerica to post earnings of $1.25 per share and revenue of $844.39 million for the quarter.

Comerica (NYSE:CMA) last posted its quarterly earnings results on Monday, April 21st. The financial services provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.11. The business had revenue of $829.00 million during the quarter, compared to the consensus estimate of $839.31 million. Comerica had a net margin of 14.89% and a return on equity of 11.59%. During the same period in the previous year, the firm posted $1.29 earnings per share. On average, analysts expect Comerica to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Comerica Stock Performance

Shares of NYSE:CMA opened at $61.28 on Wednesday. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 11.58 and a beta of 0.92. The company has a 50-day moving average price of $58.55 and a 200-day moving average price of $59.54. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. Comerica has a 12 month low of $48.12 and a 12 month high of $73.45.

Comerica Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Friday, June 13th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 4.63%. The ex-dividend date of this dividend is Friday, June 13th. Comerica’s dividend payout ratio (DPR) is 53.69%.

Institutional Trading of Comerica

Several large investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. raised its position in Comerica by 41.8% during the first quarter. Geneos Wealth Management Inc. now owns 597 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 176 shares during the period. Empowered Funds LLC grew its holdings in shares of Comerica by 12.6% during the first quarter. Empowered Funds LLC now owns 6,464 shares of the financial services provider’s stock worth $382,000 after buying an additional 724 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Comerica by 60.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,755 shares of the financial services provider’s stock worth $2,761,000 after buying an additional 17,552 shares in the last quarter. Hedge funds and other institutional investors own 80.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Raymond James Financial reissued a “market perform” rating on shares of Comerica in a research note on Tuesday, July 8th. Truist Financial set a $61.00 price target on shares of Comerica and gave the company a “hold” rating in a report on Friday, June 13th. UBS Group upgraded shares of Comerica from a “sell” rating to a “neutral” rating and set a $59.00 price target on the stock in a report on Thursday, April 10th. Piper Sandler increased their price objective on shares of Comerica from $57.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, June 11th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Comerica from $68.00 to $69.00 and gave the stock an “outperform” rating in a research report on Friday, July 11th. Six analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Comerica presently has an average rating of “Hold” and a consensus target price of $62.35.

About Comerica

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company 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, payment solutions, card services, 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.