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

30 Oct 19
14 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 190M 189M 184M 192M
Net income 290M 297M 337M 308M
Diluted EPS 1.96 1.94 2.11 1.88
Net profit margin 153% 157% 183% 160%
Net change in cash 536M 100M -1.08B -1.28B
Cash on hand 4.12B 3.58B 3.48B 4.56B
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

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Management Discussion
  • Total assets increased $2.0 billion to $72.8 billion, driven by increases of $1.3 billion in loans and $739 million in other assets. Total liabilities increased $2.3 billion to $65.6 billion, primarily reflecting increases of $2.8 billion in interest-bearing deposits and $848 million in medium- and long-term debt, partially offset by a $1.6 billion decrease in noninterest-bearing deposits. The increase in medium- and long-term debt reflected issuances of $350 million in long-term notes in February 2019, $500 million in medium-term notes in July 2019 and $200 million in long-term notes in August 2019, partially offset by the maturity of $350 million of medium-term notes in May 2019. 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 $307 million to $7.2 billion. The decrease in shareholders' equity reflected the impact of $1.5 billion returned to shareholders through dividends and share repurchases, partially offset by total comprehensive income of $1.2 billion in the nine months ended September 30, 2019.
Content analysis ?
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Legalese
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Readability
H.S. freshman Bad
New words: added, AFS, attracting, Carr, cting, faster, fina, Herzog, illiquid, lized, Muneera, NaN, refle, Release, reverting, Treasurer
Removed: AB, continuation, incentive, merit, slowly, surcharge, typical, yielding