Comerica Inc

NYSE CMA

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Comerica Inc Price to Operating Cash Flow Ratio (P/OCF) on June 03, 2024: 11.27

Comerica Inc Price to Operating Cash Flow Ratio (P/OCF) is 11.27 on June 03, 2024, a 284.51% change year over year. The price to operating cash flow ratio compares the market price per share of a company's stock to its operating cash flow per share. It is calculated by dividing the market capitalization by the operating cash flow, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's operating cash flow generation. A higher ratio suggests that investors are willing to pay a higher price for each unit of operating cash flow, indicating positive market sentiment and expectations for future cash flow.
  • Comerica Inc 52-week high Price to Operating Cash Flow Ratio (P/OCF) is 57.10 on January 29, 2024, which is 406.58% above the current Price to Operating Cash Flow Ratio (P/OCF).
  • Comerica Inc 52-week low Price to Operating Cash Flow Ratio (P/OCF) is 2.93 on June 05, 2023, which is -73.99% below the current Price to Operating Cash Flow Ratio (P/OCF).
  • Comerica Inc average Price to Operating Cash Flow Ratio (P/OCF) for the last 52 weeks is 11.90.
NYSE: CMA

Comerica Inc

CEO Mr. Curtis Chatman Farmer
IPO Date March 26, 1990
Location United States
Headquarters Comerica Bank Tower, Dallas, TX, United States, 75201
Employees 7,619
Sector Financial Services
Industry Banks - regional
Description

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company 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, payment solutions, card services, 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; and various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment offers products and services comprising financial planning, trust and fiduciary services, investment management and advisory, brokerage, private banking, and business transition planning services for affluents, high-net worth and ultra-high-net-worth individuals and families, business owners, and executives, and institutional clients. The Finance segment comprises securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, and Florida, the United States; and 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

September 19, 2024

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