Mauricio Ortiz - Comerica Executive Vice President, Chief Accounting Officer

CMA Stock  USD 52.95  0.31  0.59%   

President

Mr. Mauricio A. Ortiz is the Senior Vice President, Chief Accounting Officer of the Company. Mr. Ortiz will also serve as the Companys principal accounting officer. Mr. Ortiz was with the Corporation since May 2010. He had been Senior Vice President and Assistant Controller since February 2015. He served as Assistant Vice President and as Vice President in Accounting Policy and Research since 2021.
Age 45
Tenure 3 years
Address Comerica Bank Tower, Dallas, TX, United States, 75201-6404
Phone833-571-0486
Webhttps://www.comerica.com
Ortiz holds a Bachelor’s in Business Administration and a Masters in Professional Accounting from the University of Texas at Austin and is a Certified Public Accountant in the state of Texas.

Comerica 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 projected to grow to (0.00007). 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 70.4 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.
The company has 9.77 B in debt with debt to equity (D/E) ratio of 8.51, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Comerica until it has trouble settling it off, either with new capital or with free cash flow. So, Comerica's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Comerica sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Comerica to invest in growth at high rates of return. When we think about Comerica's use of debt, we should always consider it together with cash and equity.

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Comerica Incorporated, through its subsidiaries, provides various financial products and services. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas. Comerica operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 7432 people. Comerica (CMA) is traded on New York Stock Exchange in USA. It is located in Comerica Bank Tower, Dallas, TX, United States, 75201-6404 and employs 7,619 people. Comerica is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Comerica Leadership Team

Elected by the shareholders, the Comerica's board of directors comprises two types of representatives: Comerica inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Comerica. The board's role is to monitor Comerica's management team and ensure that shareholders' interests are well served. Comerica's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Comerica's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Faubion, Executive Vice President The Business Bank and President Comerica Bank - Texas Market
Peter Guilfoile, Executive Vice President, Chief Credit Officer
Michael Collins, Independent Director
Ximena Humrichouse, Independent Director
John Buchanan, Executive Vice President, Chief Legal Officer, Corporate Secretary
Alfred Piergallini, Independent Director
James Weber, Executive Vice President and Chief Experience Officer
Melinda Chausse, Executive Vice President and Chief Credit Officer
Michael Ven, Independent Director
Kristina Janssens, Senior Officer
Christine Moore, Executive Vice President General Auditor
Nancy Flores, Director
Paul Obermeyer, Executive Vice President, Chief Enterprise Technology and Operational Services Officer
Kelly Gage, Senior Relations
David Duprey, Executive Vice President General Auditor
Mauricio Ortiz, Executive Vice President, Chief Accounting Officer
Greg Carr, Executive Vice President Wealth Management
Bruce Mitchell, Executive Officer
Darlene Persons, VP Relations
T DeNicola, Independent Director
Stanislava Kostova, Executive Vice President Treasurer
Jason Baker, Houston President
Muneera Carr, Executive Vice President Chief Accounting Officer
Reginald Turner, Independent Director
Juan Rodriguez, Executive Vice President Chief Information Security Officer
Richard Lindner, Independent Director
Megan Crespi, Executive Vice President Chief Enterprise Technology & Operations Services Officer
Kevin DeNicola, Independent Director
Jon Bilstrom, Executive Officer
Michael Ritchie, Executive Vice President
Jacqueline Kane, Independent Director
Susan Joseph, Executive Director
Michael Michalak, Chief Risk Officer
Robert Taubman, Independent Director
Megan Burkhart, Chief Human Resource Officer, Executive Vice President
Jay Oberg, Executive Vice President, Chief Risk Officer
Peter Sefzik, Executive Vice President, Commercial Bank
Michael Aust, Executive Vice President - Comerica
Von Hays, Chief VP
Ralph Babb, Chairman, CEO, Chairman of Capital Committee, Chairman of Special Preferred Stock Committee, Member of Capital Plan Committee, Chairman of Comerica Bank and CEO of Comerica Bank
Karen Parkhill, Vice Chairman, CFO, Vice Chairman of Comerica Bank and CFO of Comerica Bank
James Herzog, Chief Financial Officer, Executive Vice President
Cassandra McKinney, Executive Vice President - Retail Bank
Roger Cregg, Independent Director
Wendy Bridges, Executive Vice President - Corporate Responsibility
Barbara Smith, Independent Director
Judith Love, Executive Vice President
Curtis Farmer, Chairman of the Board, President, Chief Executive Officer
J Carr, Executive Vice President Wealth Management

Comerica Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Comerica a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Comerica

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comerica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comerica will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Comerica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comerica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comerica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comerica to buy it.
The correlation of Comerica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comerica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comerica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comerica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 tightly coupled 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Comerica's price analysis, check to measure Comerica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comerica is operating at the current time. Most of Comerica's value examination focuses on studying past and present price action to predict the probability of Comerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comerica's price. Additionally, you may evaluate how the addition of Comerica to your portfolios can decrease your overall portfolio volatility.
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Is Comerica's industry 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
(0.59)
Dividend Share
2.84
Earnings Share
5.03
Revenue Per Share
25.061
Quarterly Revenue Growth
(0.20)
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.