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Comerica Incorporated  (CMA)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial

Comerica Incorporated's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Comerica Incorporated in the forth quarter 2023?
Comerica Incorporated achieved a return on average equity (ROE) of 15.34 % in its forth quarter 2023, this is above CMA's average return on equity of 10.1%.
Comerica Incorporateds equity during the 12 months ending in the forth quarter 2023 are valued at $5 billion

ROE decreased relative to the period ending , due to the decline in net income.

Within the Commercial Banks industry 7 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 559 to 705.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 23.64 % -1.91 % -13.05 % -14.81 % -
Y / Y Net Income Change -90.57 % -28.49 % 4.6 % 71.43 % 53.51 %
Net Income (TTM) in Millions 881 1,198 1,298 1,286 1,151
Return On Equity (TTM) 15.34 % 22.04 % 23.77 % 22.68 % 19.41 %
CMA's Total Ranking # 705 # 559 # 470 # 627 # 823
Equity (TTM) in Millions 6,406 4,972 5,595 5,994 5,181
Seq. Equity Change 28.84 % -11.13 % -6.66 % 15.69 % 2.21 %
Seq. Net Income Change -86.85 % -8.06 % -15.74 % -7.43 % -0.28 %

Return On Equity Company Ranking
Within: No.
Industry # 8
Sector # 110
Overall # 705

Return On Equity Statistics
High Average Low
23.77 %
10.1 %
-2.45 %
(Jun 30 2023)   (March 31. 2010)





CMA Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 6,406 5,181 7,897 8,050 7,327
Y / Y Equity Change 23.64 % -34.39 % -1.9 % 9.87 % -2.4 %
Net Income in Millions 881 1,151 1,168 474 1,198
Y / Y Net Income Change -23.46 % -1.46 % 146.41 % -60.43 % -3 %
Return On Equity 13.75 % 22.22 % 14.79 % 5.89 % 16.35 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 13.75 %, due to deterioration of net income.


More Return On Equity Ratios
Commercial Banks Industry Roe Trends and Statistics
Financial Sector Return On Equity Statistics
CMA's' Return on Equity at Yahoo Finance
CMA's Roe Ratio versus Commercial Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for CMA's Competitors
Return On Equity for Comerica Incorporated's Suppliers
Roe for CMA's Customers




Companies with similar Return On Equity at Dec 31 2023, within Financial Sector ROE
Lamar Advertising Co  41.97 %
Alexanders Inc  41.97 %
Union Bankshares Inc   41.13 %
Freedom Holding Corp   37.90 %
Cohen and Steers Inc   37.45 %
Equitable Holdings Inc   35.72 %
Kinsale Capital Group Inc   33.32 %
Marsh and Mclennan Companies Inc   32.16 %
Slm Corp  31.80 %
Everest Group Ltd   31.18 %
American Express Co  30.99 %
Hamilton Lane Inc  30.79 %
Molina Healthcare Inc   29.09 %
Arch Capital Group Ltd   28.56 %
Erie Indemnity Company  28.29 %
Atlanticus Holdings Corp  27.68 %
Regions Financial Corporation  27.29 %
Federated Hermes Inc   27.28 %
Cme Group Inc   26.67 %
Unitedhealth Group Incorporated  25.92 %
Bread Financial Holdings Inc   25.57 %
Federal National Mortgage Association Fannie Mae  24.48 %
Federal Home Loan Mortgage Corporation  24.31 %
Pathward Financial Inc   24.21 %
Enstar Group Ltd  23.95 %
Westamerica Bancorporation  23.82 %
Manhattan Bridge Capital Inc   23.79 %
Globe Life Inc   22.93 %
Crossfirst Bankshares inc   22.77 %
Plumas Bancorp  22.70 %


Date modified: 2024-03-01T04:22:08+00:00



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