Comerica (Comerica) Net Margin %

: 4.22% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Comerica's Net Income for the three months ended in Dec. 2023 was $33 Mil. Comerica's Revenue for the three months ended in Dec. 2023 was $782 Mil. Therefore, Comerica's net margin for the quarter that ended in Dec. 2023 was 4.22%.

The historical rank and industry rank for Comerica's Net Margin % or its related term are showing as below:

CMA' s Net Margin % Range Over the Past 10 Years
Min: 16.75 Med: 24.11 Max: 39.37
Current: 24.53

CMA's Net Margin % is ranked worse than
53.49% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs CMA: 24.53

Comerica Net Margin % Historical Data

The historical data trend for Comerica's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comerica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

35.96

17.07

39.37

32.57

24.53

Comerica Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																34.31	32.73	29.55	28.01	4.22

Competitive Comparison

For the Banks - Regional subindustry, Comerica's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Comerica Net Margin % Distribution

For the Banks industry and Financial Services sector, Comerica's Net Margin % distribution charts can be found below:

* The bar in red indicates where Comerica's Net Margin % falls into.

Comerica Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Comerica's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	881	/	3592
	=	24.53 %

Comerica's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	33	/	782
	=	4.22 %

Comerica (NYSE:CMA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Comerica Net Margin % Related Terms

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Comerica (Comerica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Comerica Inc (NYSE:CMA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CA3:Germany CA3:Germany

Address

1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201

Website

https://www.comerica.com

Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada.

Executives

Bailey Corey R	officer: Executive Vice President	1717 MAIN STREET, DALLAS TX 75201
Alan Gardner	director	C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Allysun C Fleming	officer: Executive Vice President	1717 MAIN STREET, DALLAS TX 75201
Arthur G Angulo	director	1717 MAIN STREET, DALLAS TX 75201
Derek J Kerr	director
Jennifer H Sampson	director	1717 MAIN STREET, MC 6506, DALLAS TX 75201
Casandra M. Mckinney	officer: EVP	1717 MAIN STREET, DALLAS TX 75201
Wendy Bridges	officer: EVP	1717 MAIN STREET, DALLAS TX 75201
James Harry Weber	officer: Executive Vice President	1717 MAIN STREET, MC-6503, DALLAS TX 75201
Turner Reginald M Jr	director	500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Peter L Sefzik	officer: Executive Vice President	1717 MAIN STREET, DALLAS TX 75201
Von E Hays	officer: Interim Chief Legal Officer	1717 MAIN STREET, MC 6404, DALLAS TX 75201
Melinda A. Chausse	officer: EVP	1717 MAIN STREET, DALLAS TX 75201
Christine M Moore	officer: SVP and General Auditor	411 WEST LAFAYETTE, DETROIT MI 48226
Nancy Flores	director	6555 NORTH STATE HWY 161, IRVING TX 75039