Company profile

Ticker
CMA
Exchange
CEO
Curtis Chatman Farmer
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
IRS number
6021

CMA stock data

(
)

Calendar

1 Aug 19
21 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 189M 184M 192M 190M
Net income 297M 337M 308M 316M
Diluted EPS 1.94 2.11 1.88 1.86
Net profit margin 157% 183% 160% 166%
Net change in cash 100M -1.08B -1.28B 179M
Cash on hand 3.58B 3.48B 4.56B 5.84B
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 755M
Net income 1.23B 738M 473M 515M
Diluted EPS 7.2 4.14 2.68 2.84
Net profit margin 163%
Net change in cash -1.28B -1.37B 1.07B 76M
Cash on hand 4.56B 5.85B 7.22B 6.15B

Financial data from Comerica earnings reports

Financial report summary

?
Management Discussion
  • Total assets increased $1.7 billion to $72.5 billion, driven by a $1.6 billion increase in total loans. Total liabilities increased $1.9 billion to $65.2 billion, reflecting increases of $1.7 billion each in interest-bearing deposits and short-term borrowings, partially offset by a $1.7 billion decrease in noninterest-bearing deposits. The increase in interest-bearing deposits primarily reflected an increase in brokered time deposits. The increase in short-term borrowings reflected increases in federal funds purchased and short-term Federal Home Loan Bank (FHLB) advances. The decrease in noninterest-bearing deposits included a $1.2 billion decrease due to the timing of deposits funding a government card program which typically fund on the first day of each month. The January 2019 deposit was received on December 31, 2018 due to the New Year's holiday. Total shareholders' equity decreased $184 million to $7.3 billion. The decrease in shareholders' equity reflected the impact of $1.1 billion returned to shareholders through dividends and share repurchases, partially offset by total comprehensive income of $864 million in the six months ended June 30, 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Bad
New words: assumption, benign, beta, brokered, CEO, CFO, coincident, compensatory, copy, coupon, cycle, duly, employment, Entertainment, Exhibit, focused, formatted, furnish, horizon, Inline, lag, length, Mauricio, Ortiz, premium, President, rent, Restated, SEC, shown, Similarly, thereunto, undersigned, Vice, XBRL
Removed: authorization, conducting, finalizing, largest, seasonal, standard