Comerica Net Interest Income from 2010 to 2024

CMA Stock  USD 53.35  0.53  0.98%   
Comerica's Net Interest Income is increasing over the years with slightly volatile fluctuation. Net Interest Income is expected to dwindle to about 2.3 B. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
584 M
Current Value
548 M
Quarterly Volatility
84.1 M
 
Covid
Check Comerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comerica main balance sheet or income statement drivers, such as Interest Expense of 479.5 M, Other Operating Expenses of 4.4 B or Total Operating Expenses of 873.6 M, as well as many exotic indicators such as Price To Sales Ratio of 2.34, Dividend Yield of 0.0385 or PTB Ratio of 1.75. Comerica financial statements analysis is a perfect complement when working with Comerica Valuation or Volatility modules.
  
This module can also supplement Comerica's financial leverage analysis and stock options assessment as well as various Comerica Technical models . Check out the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.

Latest Comerica's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Comerica over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Comerica's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comerica's overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

Comerica Net Interest Income Regression Statistics

Arithmetic Mean1,994,282,222
Geometric Mean1,967,768,627
Coefficient Of Variation17.36
Mean Deviation301,672,000
Median1,844,000,000
Standard Deviation346,305,954
Sample Variance119927.8T
Range983M
R-Value0.81
Mean Square Error45319.7T
R-Squared0.65
Significance0.0003
Slope62,387,976
Total Sum of Squares1678989.4T

Comerica Net Interest Income History

20242.3 B
20232.7 B
20222.5 B
20211.8 B
20201.9 B
20192.3 B
20182.4 B

About Comerica Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Comerica income statement, its balance sheet, and the statement of cash flows. Comerica investors use historical funamental indicators, such as Comerica's Net Interest Income, to determine how well the company is positioned to perform in the future. Although Comerica investors may use each financial statement separately, they are all related. The changes in Comerica's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comerica's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Comerica Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Comerica. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Interest Income2.7 B2.3 B

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.

Moving together with Comerica Stock

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Moving against Comerica Stock

  0.52VBNK VersaBank Financial Report 5th of June 2024 PairCorr
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 the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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
25.051
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.