Financial Snapshot

Revenue
$581.0M
TTM
Gross Margin
Net Earnings
$535.0M
TTM
Current Assets
Current Liabilities
$2.434B
Q3 2024
Current Ratio
Total Assets
$79.66B
Q3 2024
Total Liabilities
$72.30B
Q3 2024
Book Value
$7.366B
Q3 2024
Cash
Q3 2024
P/E
17.41
Nov 29, 2024 EST
Free Cash Flow
$1.899B
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Revenue $798.0M $788.0M $1.901B $2.093B $2.807B $2.619B $2.182B $1.909B $1.784B $1.750B $1.784B $1.863B $1.809B $1.853B $2.105B
YoY Change 1.27% -58.55% -9.17% -25.44% 7.18% 20.03% 14.3% 7.01% 1.94% -1.91% -4.24% 2.99% -2.37% -11.97%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Revenue $798.0M $788.0M $1.901B $2.093B $2.807B $2.619B $2.182B $1.909B $1.784B $1.750B $1.784B $1.863B $1.809B $1.853B $2.105B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $87.00M $92.00M $99.00M $108.0M $114.0M $120.0M $121.0M $121.0M $118.0M $123.0M $122.0M $133.0M $122.0M $124.0M $122.0M $114.0M $96.00M $84.00M $72.00M $68.00M $70.00M $73.00M $111.0M $108.0M $108.7M $88.00M $86.90M $97.60M $93.00M $85.40M $97.50M $85.50M $77.20M $52.50M
YoY Change -5.43% -7.07% -8.33% -5.26% -5.0% -0.83% 0.0% 2.54% -4.07% 0.82% -8.27% 9.02% -1.61% 1.64% 7.02% 18.75% 14.29% 16.67% 5.88% -2.86% -4.11% -34.23% 2.78% -0.64% 23.52% 1.27% -10.96% 4.95% 8.9% -12.41% 14.04% 10.75% 47.05% 25.6%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Interest Expense $1.661B $206.0M $57.00M $182.0M $468.0M $267.0M $121.0M $112.0M $95.00M $95.00M $112.0M $135.0M $156.0M $207.0M $538.0M
YoY Change 706.31% 261.4% -68.68% -61.11% 75.28% 120.66% 8.04% 17.89% 0.0% -15.18% -17.04% -13.46% -24.64% -61.52%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Pretax Income $1.144B $1.476B -$1.490B -$621.0M -$1.538B $1.535B $1.234B $670.0M $750.0M $870.0M $786.0M $762.0M $530.0M $315.0M -$115.0M $271.0M $988.0M $1.127B $1.209B $1.097B $953.0M $882.0M $1.111B $1.222B $1.179B $931.4M $816.7M $646.2M $625.7M $582.1M $488.6M $329.0M $385.0M $322.6M
YoY Change -22.49% -199.06% 139.94% -59.62% -200.2% 24.39% 84.18% -10.67% -13.79% 10.69% 3.15% 43.77% 68.25% -373.91% -142.44% -72.57% -12.33% -6.78% 10.21% 15.11% 8.05% -20.61% -9.08% 3.66% 26.56% 14.04% 26.39% 3.28% 7.49% 19.14% 48.51% -14.55% 19.34% 32.32%
Income Tax $263.0M $325.0M $322.0M $124.0M $336.0M $300.0M $491.0M $193.0M $229.0M $277.0M $245.0M $241.0M $137.0M $55.00M -$131.0M $59.00M $306.0M $345.0M $393.0M $349.0M $292.0M $281.0M $401.0M $431.0M $419.3M $324.3M $286.3M $229.0M $212.3M $194.9M $147.9M $88.60M $104.6M $77.90M
% Of Pretax Income 22.99% 22.02% 19.54% 39.79% 28.81% 30.53% 31.84% 31.17% 31.63% 25.85% 17.46% 21.77% 30.97% 30.61% 32.51% 31.81% 30.64% 31.86% 36.09% 35.27% 35.57% 34.82% 35.06% 35.44% 33.93% 33.48% 30.27% 26.93% 27.17% 24.15%
Net Earnings $854.0M $1.122B $1.168B $497.0M $1.202B $1.235B $743.0M $477.0M $521.0M $593.0M $541.0M $521.0M $393.0M $277.0M $17.00M $213.0M $686.0M $893.0M $861.0M $757.0M $661.0M $601.0M $710.0M $791.0M $759.4M $607.1M $530.5M $417.2M $413.4M $387.2M $340.6M $240.4M $280.4M $244.7M
YoY Change -23.89% -3.94% 135.01% -58.65% -2.67% 66.22% 55.77% -8.45% -12.14% 9.61% 3.84% 32.57% 41.88% 1529.41% -92.02% -68.95% -23.18% 3.72% 13.74% 14.52% 9.98% -15.35% -10.24% 4.16% 25.09% 14.44% 27.16% 0.92% 6.77% 13.68% 41.68% -14.27% 14.59% 26.39%
Net Earnings / Revenue 107.02% 142.39% 61.44% 23.75% 42.82% 47.16% 34.05% 24.99% 29.2% 33.89% 30.33% 27.97% 21.72% 14.95% 0.81%
Basic Earnings Per Share $6.47 $8.56 $8.45 $3.45 $7.98 $7.31 $4.23 $2.74 $2.93 $3.28 $2.92 $2.68 $2.11 $0.90 -$0.79
Diluted Earnings Per Share $6.44 $8.470M $8.35 $3.43 $7.90 $7.20 $4.14 $2.68 $2.84 $3.16 $2.85 $2.67 $2.09 $0.88 -$0.79 $1.430M $4.426M $5.512M $5.104M $4.356M $3.756M $3.395M $3.944M $4.419M $4.224M $3.823M $3.295M $2.437M $2.364M $2.185M $1.896M $1.345M $1.629M $1.555M

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

No data

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $445.0M $400.0M $771.0M $765.0M $786.0M $475.0M $466.0M $501.0M $550.0M $532.0M $594.0M $622.0M $675.0M $630.0M $644.0M $683.0M $650.0M $568.0M $510.0M $415.0M $374.0M $371.0M $353.0M $348.0M $331.0M $353.0M $380.0M $408.0M $455.0M $438.0M $399.0M $374.0M $359.0M $338.0M
YoY Change 11.25% -48.12% 0.78% -2.67% 65.47% 1.93% -6.99% -8.91% 3.38% -10.44% -4.5% -7.85% 7.14% -2.17% -5.71% 5.08% 14.44% 11.37% 22.89% 10.96% 0.81% 5.1% 1.44% 5.14% -6.23% -7.11% -6.86% -10.33% 3.88% 9.77% 6.68% 4.18% 6.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets $85.83B $85.41B $94.62B $88.13B $73.40B $70.82B $71.57B $72.98B $71.88B $69.19B $65.22B $65.07B $61.01B $53.67B $59.25B $67.55B $62.33B $58.00B $53.01B $51.77B $52.59B $53.30B $50.73B $49.53B $38.65B $36.60B $36.29B $34.21B $35.47B $33.43B $30.30B $27.56B $28.00B $25.89B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $2.895B $2.593B $1.584B $1.482B $1.440B $1.243B $1.069B $1.012B $1.383B $1.507B $986.0M $1.106B $1.349B $1.126B $1.022B $1.625B $1.260B $1.281B $1.192B $1.189B $929.0M $790.0M $837.0M $800.0M $496.0M $366.0M $447.0M $459.0M $355.0M $269.0M $264.0M $273.0M $354.0M $435.0M
YoY Change 11.65% 63.7% 6.88% 2.92% 15.85% 16.28% 5.63% -26.83% -8.23% 52.84% -10.85% -18.01% 19.8% 10.18% -37.11% 28.97% -1.64% 7.47% 0.25% 27.99% 17.59% -5.62% 4.63% 61.29% 35.52% -18.12% -2.61% 29.3% 31.97% 1.89% -3.3% -22.88% -18.62%
Deferred Revenue
YoY Change
Short-Term Debt $3.565B $3.211B $0.00 $71.00M $44.00M $10.00M $25.00M $23.00M $116.0M $253.0M $110.0M $70.00M $130.0M $462.0M $1.749B $2.807B $635.0M $302.0M $193.0M $262.0M $540.0M $1.986B $2.093B $2.768B $3.580B $3.193B $4.489B $4.674B $4.205B $5.401B $3.222B $5.134B $3.594B
YoY Change 11.02% -100.0% 61.36% 340.0% -60.0% 8.7% -80.17% -54.15% 130.0% 57.14% -46.15% -71.86% -73.58% -37.69% 342.05% 110.26% 56.48% -26.34% -51.48% -72.81% -5.11% -24.39% -22.68% 12.12% -28.87% -3.96% 11.15% -22.14% 67.63% -37.24% 42.85%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.460B $2.593B $1.584B $1.482B $1.440B $1.243B $1.069B $1.012B $1.383B $1.507B $986.0M $1.106B $1.349B $1.126B $1.022B $1.625B $1.260B $1.281B $1.192B $1.189B $929.0M $790.0M $837.0M $800.0M $496.0M $366.0M $447.0M $459.0M $355.0M $269.0M $264.0M $273.0M $354.0M $435.0M
YoY Change 149.13% 63.7% 6.88% 2.92% 15.85% 16.28% 5.63% -26.83% -8.23% 52.84% -10.85% -18.01% 19.8% 10.18% -37.11% 28.97% -1.64% 7.47% 0.25% 27.99% 17.59% -5.62% 4.63% 61.29% 35.52% -18.12% -2.61% 29.3% 31.97% 1.89% -3.3% -22.88% -18.62%
Long-Term Debt $6.206B $3.024B $2.796B $2.928B $3.469B $2.663B $1.822B $2.360B $3.058B $2.675B $3.543B $4.720B $4.944B $6.138B $11.06B $15.05B $8.821B $5.949B $3.961B $4.286B $4.801B $5.216B $5.503B $8.259B $8.580B $5.282B $7.286B $4.242B $4.644B $4.098B $1.461B $741.0M $301.0M $326.0M
YoY Change 105.22% 8.15% -4.51% -15.6% 30.27% 46.16% -22.8% -22.83% 14.32% -24.5% -24.94% -4.53% -19.45% -44.5% -26.53% 70.65% 48.28% 50.19% -7.58% -10.73% -7.96% -5.22% -33.37% -3.74% 62.44% -27.5% 71.76% -8.66% 13.32% 180.49% 97.17% 146.18% -7.67%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $6.206B $3.024B $2.796B $2.928B $3.469B $2.663B $1.822B $2.360B $3.058B $2.675B $3.543B $4.720B $4.944B $6.138B $11.06B $15.05B $8.821B $5.949B $3.961B $4.286B $4.801B $5.216B $5.503B $8.259B $8.580B $5.282B $7.286B $4.242B $4.644B $4.098B $1.461B $741.0M $301.0M $326.0M
YoY Change 105.22% 8.15% -4.51% -15.6% 30.27% 46.16% -22.8% -22.83% 14.32% -24.5% -24.94% -4.53% -19.45% -44.5% -26.53% 70.65% 48.28% 50.19% -7.58% -10.73% -7.96% -5.22% -33.37% -3.74% 62.44% -27.5% 71.76% -8.66% 13.32% 180.49% 97.17% 146.18% -7.67%
Total Liabilities $79.43B $80.23B $86.72B $80.08B $66.08B $63.31B $63.60B $65.18B $64.32B $61.78B $58.07B $58.13B $54.14B $47.87B $52.22B $60.40B $57.21B $52.85B $47.95B $46.66B $47.48B $48.35B $45.93B $45.03B $35.18B $33.55B $33.53B $31.59B $32.86B $31.04B $28.11B $25.46B $26.11B $24.31B
YoY Change -0.99% -7.49% 8.29% 21.19% 4.37% -0.46% -2.42% 1.34% 4.1% 6.39% -0.09% 7.36% 13.09% -8.32% -13.54% 5.56% 8.26% 10.23% 2.75% -1.73% -1.8% 5.29% 1.98% 28.01% 4.84% 0.07% 6.14% -3.87% 5.88% 10.4% 10.42% -2.49% 7.41%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $9.3151 Billion

About COMERICA INC /NEW/

Comerica, Inc. engages in the provision of financial services. The company is headquartered in Dallas, Texas and currently employs 7,496 full-time employees. Its Commercial Bank segment serves small and middle market businesses, multinational corporations, and governmental entities by offering 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. Retail Bank segment includes a range of personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The segment also offers a subset of commercial products and services to micro-businesses. Wealth Management segment offers products and services consisting of fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. Finance segment includes the securities portfolio and asset and liability management activities.

Industry: National Commercial Banks Peers: CITIZENS FINANCIAL GROUP INC/RI CULLEN/FROST BANKERS, INC. EAST WEST BANCORP INC FIRST CITIZENS BANCSHARES INC /DE/ FIRST HORIZON CORP KEYCORP /NEW/ PNC FINANCIAL SERVICES GROUP, INC. Signature Bank Corp