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Comerica Incorporated (NYSE: CMA) |
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Comerica Incorporated's Total Debt to Equity
CMA's quarterly Total Debt to Equity and Total Debt, Equity growth
Due to debt repayement of -4.58% Comerica Incorporated improved Total Debt to Equity in third quarter 2024 to 0.92, below the company's average Total Debt to Equity.
Within Commercial Banks industry in the third quarter 2024, 67 other companies have achieved lower Total Debt to Equity than Comerica Incorporated in the Q3 2024. While Total Debt to Equity total ranking has deteriorated compared to the second quarter 2024 from 1276 to 1710 .
Explain Debt to Equity Ratio?
How much Total Debts CMA´s has?
What are CMA´s Equity?
Select the Comparisons :
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Select the Ratio:
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CMA Total Debt to Equity |
(Sep 30 2024) Q3 |
(Jun 30 2024) Q2 |
(Mar 31 2024) Q1 |
(Dec 31 2023) Q4 |
(Sep 30 2023) Q3 |
Y / Y Equity Change |
48.15 % |
10.12 % |
0.93 % |
23.64 % |
-1.91 % |
Y / Y Total Debt Change |
12.18 % |
2.17 % |
0.52 % |
56.71 % |
71.65 % |
Total Debt to Equity MRQ |
0.92 |
1.15 |
1.18 |
1.53 |
1.22 |
CMA's Total
Ranking |
# 1710 |
# 1276 |
# 1786 |
# 1240 |
# 2218 |
Seq. Equity Change |
19.56 % |
1.83 % |
-5.56 % |
28.84 % |
-11.13 % |
Seq. Total Debt Change |
-4.58 % |
-0.13 % |
-27.12 % |
61.53 % |
-13.1 % |
Total Debt to Equity third quarter 2024 Company Ranking |
Within: |
No. |
Commercial Banks Industry |
# 68 |
Financial Sector |
# 479 |
Overall Market |
# 1710 |
Total Debt to Equity Statistics |
High |
Average |
Low |
3.73 |
1.03 |
0.35 |
(Sep. 30. 2008) |
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(Mar 31 2021) |
Cumulative Comerica Incorporated's Total Debt to Equity
CMA's Total Debt to Equity for the trailling 12 Months
CMA Total Debt to Equity |
(Sep 30 2024) 12 Months |
(Jun 30 2024) 12 Months |
(Mar 31 2024) 12 Months |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 12 Months |
Y / Y Equity TTM Growth |
48.15 % |
10.12 % |
0.93 % |
23.64 % |
-1.91 % |
Y / Y Total Debt TTM Growth |
12.18 % |
2.17 % |
0.52 % |
56.71 % |
71.65 % |
Total Debt to Equity TTM |
1.19 |
1.27 |
1.3 |
1.3 |
1.21 |
Total
Ranking TTM |
# 8
| # 59
| # 8
| # 2083
| # 984
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Seq. Equity TTM Growth |
19.56 % |
1.83 % |
-5.56 % |
28.84 % |
-11.13 % |
Seq. Total Debt TTM Growth |
-4.58 % |
-0.13 % |
-27.12 % |
61.53 % |
-13.1 % |
On the trailing twelve months basis Due to debt repayement of -4.58% Comerica Incorporated decreased Total Debt to Equity in the 12 months ending in Q3 2024 to 1.19, above the Comerica Incorporated's average Total Debt to Equity. Total Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Commercial Banks industry CMA recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has improved so far to 8, from total ranking in previous 12 month period at 59.
Explain Debt to Equity Ratio?
How much Total Debts CMA´s has?
What are CMA´s Equity?
TTM Total Debt to Equity Company Ranking |
Within: |
No. |
Within the Commercial Banks Industry |
# 0 |
Financial Sector |
# 2 |
Within the Market |
# 8 |
trailing twelve months Total Debt to Equity Statistics |
High |
Average |
Low |
2.97 |
0.97 |
0 | (Sep. 30. 2008) |
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(Mar 31 2017) |
Companies with similar Total Debt to Equity in the quarter ending Sep 30 2024, within Commercial Banks Industry | Total Debt to Equity | Sep 30 2024 MRQ Total Debt | Sep 30 2024 MRQ Equity | Hsbc Usa Inc | 2.10 | $ 26,063.000 Millions | $ 12,386.000 Millions | Citigroup inc | 1.62 | $ 340,421.000 Millions | $ 209,902.000 Millions | Wells Fargo and Company | 1.59 | $ 293,909.000 Millions | $ 185,011.000 Millions | Jpmorgan Chase and Co | 1.33 | $ 460,795.000 Millions | $ 345,836.000 Millions | Us Bancorp De | 1.32 | $ 78,547.000 Millions | $ 59,321.000 Millions | Pnc Financial Services Group Inc | 1.28 | $ 71,450.000 Millions | $ 55,729.000 Millions | First Of Long Island Corp | 1.15 | $ 445.000 Millions | $ 388.581 Millions | Bank Of America Corporation | 1.13 | $ 335,367.000 Millions | $ 296,512.000 Millions | Wafd Inc | 1.11 | $ 3,318.307 Millions | $ 3,000.300 Millions | Keycorp | 1.07 | $ 18,036.000 Millions | $ 16,852.000 Millions | Camden National Corp | 1.06 | $ 560.667 Millions | $ 529.900 Millions | Cullen | 0.99 | $ 4,113.646 Millions | $ 4,135.206 Millions | First United Corporation | 0.98 | $ 171.135 Millions | $ 173.979 Millions | First Financial Bancorp | 0.94 | $ 2,311.478 Millions | $ 2,450.438 Millions | Comerica Incorporated | 0.92 | $ 6,786.000 Millions | $ 7,366.000 Millions | Evans Bancorp Inc | 0.90 | $ 167.536 Millions | $ 185.847 Millions | Truist Financial Corporation | 0.88 | $ 57,629.000 Millions | $ 65,696.000 Millions | Bok Financial Corp | 0.87 | $ 4,861.068 Millions | $ 5,615.198 Millions | Fulton Financial Corp | 0.82 | $ 2,618.537 Millions | $ 3,203.943 Millions | Regions Financial Corporation | 0.80 | $ 15,032.000 Millions | $ 18,727.000 Millions | Huntington Bancshares Incorporated | 0.80 | $ 16,524.000 Millions | $ 20,652.000 Millions | Alerus Financial Corp | 0.79 | $ 303.741 Millions | $ 386.486 Millions | City Holding Company | 0.66 | $ 489.153 Millions | $ 741.299 Millions | Fnb Corp | 0.65 | $ 4,077.000 Millions | $ 6,249.000 Millions | Wesbanco Inc | 0.62 | $ 1,735.533 Millions | $ 2,801.585 Millions | Lcnb Corp | 0.61 | $ 155.662 Millions | $ 253.246 Millions | Patriot National Bancorp Inc | 0.60 | $ 9.891 Millions | $ 16.386 Millions | Sandy Spring Bancorp Inc | 0.59 | $ 962.785 Millions | $ 1,628.837 Millions | First Bancorp Inc | 0.59 | $ 151.027 Millions | $ 256.783 Millions | First Merchants Corp | 0.56 | $ 1,299.541 Millions | $ 2,302.373 Millions |
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