Comerica Historical Balance Sheet

CMA Stock  USD 71.09  2.19  3.18%   
Trend analysis of Comerica balance sheet accounts such as Total Assets of 59.4 B, Short and Long Term Debt Total of 6.8 B or Total Current Liabilities of 6 B provides information on Comerica's total assets, liabilities, and equity, which is the actual value of Comerica to its prevalent stockholders. By breaking down trends over time using Comerica balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Comerica latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Comerica is a good buy for the upcoming year.

Comerica Inventory

(6.19 Billion)

  
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.

About Comerica Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Comerica at a specified time, usually calculated after every quarter, six months, or one year. Comerica Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Comerica and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Comerica currently owns. An asset can also be divided into two categories, current and non-current.

Comerica Balance Sheet Chart

At present, Comerica's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 12.3 B, whereas Total Assets are forecasted to decline to about 59.4 B.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Comerica assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Comerica books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Comerica balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Comerica are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Comerica's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Comerica current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At present, Comerica's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 12.3 B, whereas Total Assets are forecasted to decline to about 59.4 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.7B6.2B9.8B6.8B
Total Assets94.6B85.4B85.8B59.4B

Comerica balance sheet Correlations

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-0.070.130.620.91-0.10.320.080.610.29-0.39-0.88-0.210.31-0.06-0.60.110.660.320.8-0.60.120.33-0.37-0.20.32
-0.08-0.54-0.27-0.58-0.2-0.330.41-0.56-0.57-0.390.16-0.41-0.65-0.450.43-0.27-0.73-0.34-0.64-0.1-0.39-0.450.30.290.32
0.490.13-0.43-0.80.440.04-0.02-0.37-0.25-0.880.160.25-0.020.410.610.13-0.51-0.42-0.720.690.270.040.40.21-0.25
0.020.770.12-0.160.57-0.01-0.780.490.8-0.21-0.410.250.54-0.2-0.490.260.320.73-0.02-0.110.480.35-0.39-0.31-0.06
0.340.910.70.450.60.61-0.190.820.480.31-0.65-0.020.540.34-0.60.610.650.490.490.00.840.89-0.24-0.320.13
0.590.140.020.160.190.460.370.08-0.34-0.06-0.450.41-0.20.340.310.410.19-0.510.180.730.40.380.320.06-0.3
0.34-0.58-0.66-0.66-0.090.030.32-0.85-0.64-0.60.430.61-0.49-0.60.31-0.25-0.71-0.9-0.720.55-0.27-0.360.70.59-0.27
0.410.560.30.20.420.46-0.020.50.150.11-0.270.130.260.610.41-0.250.570.130.210.160.610.62-0.07-0.2-0.09
-0.020.50.470.790.060.32-0.270.760.550.66-0.73-0.510.320.650.19-0.710.570.570.83-0.170.370.47-0.34-0.31-0.12
-0.40.590.450.350.15-0.15-0.570.690.770.32-0.34-0.420.730.49-0.51-0.90.130.570.46-0.520.220.23-0.63-0.490.18
-0.230.240.570.97-0.250.160.060.680.270.8-0.64-0.72-0.020.490.18-0.720.210.830.46-0.20.120.29-0.4-0.390.02
0.28-0.12-0.46-0.32-0.070.050.24-0.38-0.48-0.6-0.10.69-0.110.00.730.550.16-0.17-0.52-0.20.03-0.080.540.33-0.61
0.750.870.60.130.890.77-0.080.680.320.12-0.390.270.480.840.4-0.270.610.370.220.120.030.95-0.05-0.110.31
0.650.850.730.340.780.84-0.030.720.320.33-0.450.040.350.890.38-0.360.620.470.230.29-0.080.95-0.1-0.140.32
0.4-0.36-0.38-0.37-0.060.280.31-0.56-0.5-0.370.30.4-0.39-0.240.320.7-0.07-0.34-0.63-0.40.54-0.05-0.10.73-0.23
0.3-0.34-0.47-0.31-0.040.280.04-0.52-0.25-0.20.290.21-0.31-0.320.060.59-0.2-0.31-0.49-0.390.33-0.11-0.140.73-0.32
0.20.170.720.110.320.240.380.35-0.070.320.32-0.25-0.060.13-0.3-0.27-0.09-0.120.180.02-0.610.310.32-0.23-0.32
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Comerica Account Relationship Matchups

Comerica balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding151M140M137M133M153.0M166.9M
Total Assets73.4B88.1B94.6B85.4B85.8B59.4B
Short Long Term Debt Total7.3B6.6B3.7B6.2B9.8B6.8B
Total Current Liabilities71M905M877M3.2B6.5B6.0B
Total Stockholder Equity7.3B8.1B7.9B5.2B6.4B5.6B
Property Plant And Equipment Net457M459M454M400M762M505.2M
Net Debt1.5B(10.0B)(19.9B)(47M)269M255.6M
Retained Earnings9.5B9.6B10.5B11.3B11.7B12.3B
Cash5.8B15.8B22.7B6.3B9.5B10.0B
Non Current Assets Total13.6B16.3B18.3B400M93.5B98.2B
Non Currrent Assets Other(326M)(16.3B)(18.3B)(19.8B)(18.7B)(17.7B)
Other Assets36.0B34.9B30.2B53.7B(27.1B)(25.7B)
Cash And Short Term Investments18.4B31.0B39.9B25.5B9.5B10.4B
Net Receivables5.4B6.0B6.2B7.5B8.0B4.7B
Liabilities And Stockholders Equity73.4B88.1B94.6B85.4B85.8B59.4B
Non Current Liabilities Total7.3B5.7B2.8B77.0B47.9B50.3B
Other Stockholder Equity(3.1B)(3.3B)(3.9B)(3.9B)(3.8B)(3.6B)
Total Liab66.1B5.7B86.7B80.2B79.4B51.5B
Property Plant And Equipment Gross457M459M1.5B1.3B1.4B1.5B
Total Current Assets23.8B36.9B46.1B31.3B19.4B20.4B
Short Term Debt71M905M877M3.2B3.6B3.7B
Other Current Liab(71M)(905M)(877M)80.0B(3.6B)(3.4B)
Accumulated Other Comprehensive Income(235M)168M(212M)(3.7B)(3.0B)(2.9B)
Other Liab426M44M30M214M192.6M183.0M
Accounts Payable45M875M848M(40.0B)(32M)(30.4M)
Long Term Debt7.3B5.7B2.8B3.0B5.2B5.5B
Short Term Investments12.6B15.2B17.2B19.2B1.2B1.1B
Inventory(6.0B)(16.1B)(23.0B)(6.5B)(5.9B)(6.2B)
Treasury Stock(5.3B)(5.5B)(6.1B)(6.1B)(5.5B)(5.2B)
Intangible Assets2M1M642M667M114M130.5M
Property Plant Equipment457M459M454M400M460M559.1M
Net Tangible Assets7.3B7.7B6.9B4.8B4.3B5.6B
Retained Earnings Total Equity8.8B9.5B9.6B11.3B12.9B8.4B
Long Term Debt Total7.3B5.7B2.8B3.0B2.7B3.7B
Capital Surpluse2.2B2.2B2.2B2.2B2.6B2.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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
(0.28)
Dividend Share
2.84
Earnings Share
4
Revenue Per Share
23.812
Quarterly Revenue Growth
(0.1)
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.