Comerica Incorporated

NYSE CMA

Comerica Incorporated Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 94.67%

Comerica Incorporated Gross Profit Margin is 94.67% for the Trailing 12 Months (TTM) ending September 30, 2024, a -5.33% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Comerica Incorporated Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 100.00%, a 0.00% change year over year.
  • Comerica Incorporated Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 100.00%, a 0.00% change year over year.
  • Comerica Incorporated Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 100.00%, a 0.00% change year over year.
  • Comerica Incorporated Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 100.00%, a 0.00% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NYSE: CMA

Comerica Incorporated

CEO Mr. Curtis Chatman Farmer
IPO Date March 17, 1980
Location United States
Headquarters Comerica Bank Tower
Employees 7,666
Sector Finance
Industries
Description

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, Canada, and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

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StockViz Staff

January 15, 2025

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