Comerica (CMA)

• Market cap: $8.42B
• 1 day: -1.13%
• 5 days: -4.21%
• 1 month: 2.09%
• 3 months: -11.87%
• 6 months: 13.25%
• Year to date: 4.31%
• 1 year: 30.90%
• 5 years: 12.87%
• 10 years: 39.14%
• Sector: Financials
• Industry: National Commercial Banks

About: With assets of around $80 billion, Comerica is primarily a relationship-based commercial bank headquartered in Dallas. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.

Employees: 7,863

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

91% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 55

25% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]

21% more call options, than puts

Call options by funds: $179M | Put options by funds: $148M

7% more funds holding

Funds holding: 522 [Q3] → 561 (+39) [Q4]

3% less capital invested

Capital invested by funds: $6.81B [Q3] → $6.64B (-$175M) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 192

4.12% less ownership

Funds ownership: 85.93% [Q3] → 81.81% (-4.12%) [Q4]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $64 0% upside
• Avg. target: $72 13% upside
• High target: $80 25% upside

11 analyst ratings

• positive: 4 36%
• neutral: 5 45%
• negative: 2 18%

Baird David George 60% 1-year accuracy 3 / 5 met price target	25% upside $80	Outperform Maintained	11 Feb 2025
Morgan Stanley Manan Gosalia 87% 1-year accuracy 13 / 15 met price target	11% upside $71	Equal-Weight Maintained	23 Jan 2025
RBC Capital Karl Shepard 20% 1-year accuracy 1 / 5 met price target	19% upside $76	Outperform Maintained	23 Jan 2025
DA Davidson Peter Winter 71% 1-year accuracy 12 / 17 met price target	5% upside $67	Neutral Maintained	23 Jan 2025
Keefe, Bruyette & Woods Christopher Mcgratty 76% 1-year accuracy 13 / 17 met price target	20% upside $77	Outperform Maintained	23 Jan 2025