Comerica Net Worth
Comerica Net Worth Breakdown | CMA |
Comerica Net Worth Analysis
Comerica's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Comerica's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Comerica's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Comerica's net worth analysis. One common approach is to calculate Comerica's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Comerica's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Comerica's net worth. This approach calculates the present value of Comerica's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Comerica's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Comerica's net worth. This involves comparing Comerica's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Comerica's net worth relative to its peers.
Enterprise Value |
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To determine if Comerica is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Comerica's net worth research are outlined below:
| Comerica generated a negative expected return over the last 90 days | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Detroit Pistons Shine Spotlight on Seven Small Businesses During Februarys SHOP313 Pop-Up ... |
Comerica Quarterly Good Will |
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Comerica uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Comerica. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Comerica's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 19th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 17th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Comerica Target Price Consensus
Comerica target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Comerica's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 24 | Buy |
Most Comerica analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Comerica stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Comerica, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationComerica Target Price Projection
Comerica's current and average target prices are 64.25 and 70.70, respectively. The current price of Comerica is the price at which Comerica is currently trading. On the other hand, Comerica's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Comerica Market Quote on 25th of February 2025
Target Price
Analyst Consensus On Comerica Target Price
Know Comerica's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Comerica is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Comerica backward and forwards among themselves. Comerica's institutional investor refers to the entity that pools money to purchase Comerica's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alliancebernstein L.p. | 2024-12-31 | 2.2 M | Barrow Hanley Mewhinney & Strauss Llc | 2024-12-31 | 2.1 M | Goldman Sachs Group Inc | 2024-12-31 | 2.1 M | Northern Trust Corp | 2024-12-31 | 1.9 M | First Trust Advisors L.p. | 2024-12-31 | 1.8 M | Jpmorgan Chase & Co | 2024-09-30 | 1.7 M | Jacobs Levy Equity Management, Inc. | 2024-12-31 | 1.4 M | Bank Of New York Mellon Corp | 2024-12-31 | 1.4 M | Jupiter Asset Management Limited | 2024-12-31 | 1.3 M | Blackrock Inc | 2024-12-31 | 14.8 M | Vanguard Group Inc | 2024-12-31 | 13.4 M |
Follow Comerica's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 8.52 B.Market Cap |
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Project Comerica's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.16 | 0.14 |
When accessing Comerica's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Comerica's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Comerica's profitability and make more informed investment decisions.
Please note, the presentation of Comerica's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Comerica's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Comerica's management manipulating its earnings.
Evaluate Comerica's management efficiency
At present, Comerica's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.02. At present, Comerica's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 90.3 B, whereas Total Assets are forecasted to decline to about 59.4 B. Comerica's management efficiency ratios could be used to measure how well Comerica manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 7.13 | 9.20 | |
| Book Value Per Share | 43.68 | 37.41 | |
| Tangible Book Value Per Share | 39.35 | 36.16 | |
| Price Book Value Ratio | 1.32 | 1.75 | |
| Enterprise Value Multiple | 7.13 | 9.20 | |
| Price Fair Value | 1.32 | 1.75 | |
| Enterprise Value | 4.6 B | 7.7 B |
Comerica has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 4.8285 | Revenue | Quarterly Revenue Growth 0.044 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Comerica insiders, such as employees or executives, is commonly permitted as long as it does not rely on Comerica's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Comerica insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Comerica Corporate Filings
10K | 24th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
| 5th of February 2025 Other Reports | ViewVerify | |
F4 | 30th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 22nd of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Comerica Earnings Estimation Breakdown
The calculation of Comerica's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Comerica is estimated to be 1.142 with the future projection ranging from a low of 0.95 to a high of 1.23. Please be aware that this consensus of annual earnings estimates for Comerica is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.95 Lowest | Expected EPS | 1.23 Highest |
Comerica Earnings Projection Consensus
Suppose the current estimates of Comerica's value are higher than the current market price of the Comerica stock. In this case, investors may conclude that Comerica is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Comerica's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 20 | 92.27% | 1.2 | 1.142 | 5.02 |
Comerica Earnings History
Earnings estimate consensus by Comerica analysts from Wall Street is used by the market to judge Comerica's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Comerica's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Comerica Quarterly Gross Profit |
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Comerica Earnings per Share Projection vs Actual
Actual Earning per Share of Comerica refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Comerica predict the company's earnings will be in the future. The higher the earnings per share of Comerica, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Comerica Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Comerica, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Comerica should always be considered in relation to other companies to make a more educated investment decision.Comerica Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Comerica's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-01-22 | 2024-12-31 | 1.25 | 1.2 | -0.05 | 4 | ||
2024-10-18 | 2024-09-30 | 1.17 | 1.33 | 0.16 | 13 | ||
2024-07-19 | 2024-06-30 | 1.19 | 1.49 | 0.3 | 25 | ||
2024-04-18 | 2024-03-31 | 1.12 | 1.29 | 0.17 | 15 | ||
2024-01-19 | 2023-12-31 | 1.37 | 1.46 | 0.09 | 6 | ||
2023-10-20 | 2023-09-30 | 1.69 | 1.84 | 0.15 | 8 | ||
2023-07-21 | 2023-06-30 | 1.86 | 2.01 | 0.15 | 8 | ||
2023-04-20 | 2023-03-31 | 2.29 | 2.39 | 0.1 | 4 | ||
2023-01-19 | 2022-12-31 | 2.55 | 2.58 | 0.03 | 1 | ||
2022-10-19 | 2022-09-30 | 2.57 | 2.6 | 0.03 | 1 | ||
2022-07-20 | 2022-06-30 | 1.78 | 1.92 | 0.14 | 7 | ||
2022-04-20 | 2022-03-31 | 1.38 | 1.37 | -0.01 | 0 | ||
2022-01-19 | 2021-12-31 | 1.58 | 1.66 | 0.08 | 5 | ||
2021-10-20 | 2021-09-30 | 1.64 | 1.9 | 0.26 | 15 | ||
2021-07-21 | 2021-06-30 | 1.61 | 2.32 | 0.71 | 44 | ||
2021-04-20 | 2021-03-31 | 1.37 | 2.43 | 1.06 | 77 | ||
2021-01-19 | 2020-12-31 | 1.19 | 1.49 | 0.3 | 25 | ||
2020-10-20 | 2020-09-30 | 0.83 | 1.44 | 0.61 | 73 | ||
2020-07-21 | 2020-06-30 | 0.21 | 0.8 | 0.59 | 280 | ||
2020-04-21 | 2020-03-31 | 0.95 | -0.46 | -1.41 | 148 | ||
2020-01-21 | 2019-12-31 | 1.74 | 1.85 | 0.11 | 6 | ||
2019-10-16 | 2019-09-30 | 1.9 | 1.96 | 0.06 | 3 | ||
2019-07-17 | 2019-06-30 | 2 | 1.94 | -0.06 | 3 | ||
2019-04-16 | 2019-03-31 | 1.94 | 2.11 | 0.17 | 8 | ||
2019-01-16 | 2018-12-31 | 1.87 | 1.88 | 0.01 | 0 | ||
2018-10-16 | 2018-09-30 | 1.76 | 1.95 | 0.19 | 10 | ||
2018-07-17 | 2018-06-30 | 1.64 | 1.87 | 0.23 | 14 | ||
2018-04-17 | 2018-03-31 | 1.53 | 1.58 | 0.05 | 3 | ||
2018-01-16 | 2017-12-31 | 1.21 | 1.26 | 0.05 | 4 | ||
2017-10-17 | 2017-09-30 | 1.2 | 1.26 | 0.06 | 5 | ||
2017-07-18 | 2017-06-30 | 1.06 | 1.13 | 0.07 | 6 | ||
2017-04-18 | 2017-03-31 | 0.93 | 0.98 | 0.05 | 5 | ||
2017-01-17 | 2016-12-31 | 0.87 | 0.92 | 0.05 | 5 | ||
2016-10-18 | 2016-09-30 | 0.74 | 0.84 | 0.1 | 13 | ||
2016-07-19 | 2016-06-30 | 0.69 | 0.77 | 0.08 | 11 | ||
2016-04-19 | 2016-03-31 | 0.45 | 0.34 | -0.11 | 24 | ||
2016-01-19 | 2015-12-31 | 0.69 | 0.71 | 0.02 | 2 | ||
2015-10-16 | 2015-09-30 | 0.7 | 0.74 | 0.04 | 5 | ||
2015-07-17 | 2015-06-30 | 0.75 | 0.73 | -0.02 | 2 | ||
2015-04-17 | 2015-03-31 | 0.73 | 0.73 | 0.0 | 0 | ||
2015-01-16 | 2014-12-31 | 0.76 | 0.8 | 0.04 | 5 | ||
2014-10-17 | 2014-09-30 | 0.8 | 0.79 | -0.01 | 1 | ||
2014-07-15 | 2014-06-30 | 0.76 | 0.8 | 0.04 | 5 | ||
2014-04-15 | 2014-03-31 | 0.72 | 0.73 | 0.01 | 1 | ||
2014-01-17 | 2013-12-31 | 0.74 | 0.77 | 0.03 | 4 | ||
2013-10-16 | 2013-09-30 | 0.71 | 0.78 | 0.07 | 9 | ||
2013-07-16 | 2013-06-30 | 0.7 | 0.76 | 0.06 | 8 | ||
2013-04-16 | 2013-03-31 | 0.68 | 0.7 | 0.02 | 2 | ||
2013-01-16 | 2012-12-31 | 0.65 | 0.68 | 0.03 | 4 | ||
2012-10-17 | 2012-09-30 | 0.65 | 0.61 | -0.04 | 6 | ||
2012-07-17 | 2012-06-30 | 0.62 | 0.73 | 0.11 | 17 | ||
2012-04-17 | 2012-03-31 | 0.55 | 0.66 | 0.11 | 20 | ||
2012-01-20 | 2011-12-31 | 0.45 | 0.48 | 0.03 | 6 | ||
2011-10-19 | 2011-09-30 | 0.53 | 0.51 | -0.02 | 3 | ||
2011-07-19 | 2011-06-30 | 0.54 | 0.53 | -0.01 | 1 | ||
2011-04-19 | 2011-03-31 | 0.48 | 0.57 | 0.09 | 18 | ||
2011-01-18 | 2010-12-31 | 0.31 | 0.53 | 0.22 | 70 | ||
2010-10-20 | 2010-09-30 | 0.41 | 0.33 | -0.08 | 19 | ||
2010-07-21 | 2010-06-30 | 0.23 | 0.39 | 0.16 | 69 | ||
2010-04-21 | 2010-03-31 | -0.28 | -0.46 | -0.18 | 64 | ||
2010-01-21 | 2009-12-31 | -0.5 | -0.41 | 0.09 | 18 | ||
2009-10-20 | 2009-09-30 | -0.53 | -0.1 | 0.43 | 81 | ||
2009-07-21 | 2009-06-30 | -0.45 | -0.1 | 0.35 | 77 | ||
2009-04-21 | 2009-03-31 | -0.09 | -0.16 | -0.07 | 77 | ||
2009-01-22 | 2008-12-31 | 0.24 | 0.02 | -0.22 | 91 | ||
2008-10-17 | 2008-09-30 | 0.06 | 0.18 | 0.12 | 200 | ||
2008-07-17 | 2008-06-30 | 0.5 | 0.37 | -0.13 | 26 | ||
2008-04-17 | 2008-03-31 | 0.79 | 0.73 | -0.06 | 7 | ||
2008-01-17 | 2007-12-31 | 1.05 | 0.77 | -0.28 | 26 | ||
2007-10-17 | 2007-09-30 | 1.22 | 1.17 | -0.05 | 4 | ||
2007-07-18 | 2007-06-30 | 1.22 | 1.25 | 0.03 | 2 | ||
2007-04-17 | 2007-03-31 | 1.18 | 1.19 | 0.01 | 0 | ||
2007-01-18 | 2006-12-31 | 1.21 | 1.16 | -0.05 | 4 | ||
2006-10-19 | 2006-09-30 | 1.2 | 1.23 | 0.03 | 2 | ||
2006-07-20 | 2006-06-30 | 1.14 | 1.22 | 0.08 | 7 | ||
2006-04-19 | 2006-03-31 | 1.16 | 1.18 | 0.02 | 1 | ||
2006-01-19 | 2005-12-31 | 1.19 | 1.25 | 0.06 | 5 | ||
2005-10-19 | 2005-09-30 | 1.19 | 1.41 | 0.22 | 18 | ||
2005-07-20 | 2005-06-30 | 1.12 | 1.28 | 0.16 | 14 | ||
2005-04-20 | 2005-03-31 | 1.1 | 1.16 | 0.06 | 5 | ||
2005-01-20 | 2004-12-31 | 1.11 | 1.21 | 0.1 | 9 | ||
2004-10-19 | 2004-09-30 | 1.05 | 1.13 | 0.08 | 7 | ||
2004-07-15 | 2004-06-30 | 0.93 | 1.1 | 0.17 | 18 | ||
2004-04-15 | 2004-03-31 | 0.89 | 0.92 | 0.03 | 3 | ||
2004-01-15 | 2003-12-31 | 0.88 | 0.89 | 0.01 | 1 | ||
2003-10-15 | 2003-09-30 | 0.9 | 0.89 | -0.01 | 1 | ||
2003-07-16 | 2003-06-30 | 0.96 | 0.97 | 0.01 | 1 | ||
2003-04-16 | 2003-03-31 | 0.99 | 1.0 | 0.01 | 1 | ||
2003-01-16 | 2002-12-31 | 1.16 | 1.18 | 0.02 | 1 | ||
2002-10-16 | 2002-09-30 | 0.13 | 0.14 | 0.01 | 7 | ||
2002-07-17 | 2002-06-30 | 1 | 0.9 | -0.1 | 10 | ||
2002-04-16 | 2002-03-31 | 1.19 | 1.2 | 0.01 | 0 | ||
2002-01-16 | 2001-12-31 | 1.16 | 1.16 | 0.0 | 0 | ||
2001-10-16 | 2001-09-30 | 1.18 | 1.2 | 0.02 | 1 | ||
2001-07-17 | 2001-06-30 | 1.17 | 1.18 | 0.01 | 0 | ||
2001-04-17 | 2001-03-31 | 1.21 | 1.21 | 0.0 | 0 | ||
2001-01-22 | 2000-12-31 | 1.19 | 1.2 | 0.01 | 0 | ||
2000-10-17 | 2000-09-30 | 1.17 | 1.18 | 0.01 | 0 | ||
2000-07-18 | 2000-06-30 | 1.13 | 1.15 | 0.02 | 1 | ||
2000-04-17 | 2000-03-31 | 1.09 | 1.1 | 0.01 | 0 | ||
2000-01-18 | 1999-12-31 | 1.08 | 1.08 | 0.0 | 0 | ||
1999-10-18 | 1999-09-30 | 1.05 | 1.05 | 0.0 | 0 | ||
1999-07-15 | 1999-06-30 | 1.01 | 1.03 | 0.02 | 1 | ||
1999-04-15 | 1999-03-31 | 0.98 | 0.99 | 0.01 | 1 | ||
1999-01-19 | 1998-12-31 | 0.97 | 0.97 | 0.0 | 0 | ||
1998-10-15 | 1998-09-30 | 0.94 | 0.95 | 0.01 | 1 | ||
1998-07-15 | 1998-06-30 | 0.91 | 0.94 | 0.03 | 3 | ||
1998-04-15 | 1998-03-31 | 0.87 | 0.88 | 0.01 | 1 | ||
1998-01-20 | 1997-12-31 | 0.84 | 0.85 | 0.01 | 1 | ||
1997-10-15 | 1997-09-30 | 0.8 | 0.82 | 0.02 | 2 | ||
1997-07-15 | 1997-06-30 | 0.76 | 0.77 | 0.01 | 1 | ||
1997-04-15 | 1997-03-31 | 0.73 | 0.73 | 0.0 | 0 | ||
1997-01-22 | 1996-12-31 | 0.71 | 0.71 | 0.0 | 0 | ||
1996-10-15 | 1996-09-30 | 0.67 | 0.7 | 0.03 | 4 | ||
1996-07-15 | 1996-06-30 | 0.64 | 0.67 | 0.03 | 4 | ||
1996-04-15 | 1996-03-31 | 0.63 | 0.65 | 0.02 | 3 |
Comerica Corporate Directors
| Reginald Turner | Independent Director | Profile | |
| Richard Lindner | Independent Director | Profile | |
| Michael Collins | Independent Director | Profile | |
| Ximena Humrichouse | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.192 | Dividend Share 2.84 | Earnings Share 5.02 | Revenue Per Share | Quarterly Revenue Growth 0.044 |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.