Comerica Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

CMA Stock  USD 51.24  1.18  2.36%   
Comerica financial indicator trend analysis is way more than just evaluating Comerica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comerica is a good investment. Please check the relationship between Comerica Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.

Common Stock Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comerica Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Comerica's Common Stock Total Equity and Common Stock Shares Outstanding is 0.65. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Comerica, assuming nothing else is changed. The correlation between historical values of Comerica's Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Comerica are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Comerica's Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Comerica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comerica current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.At present, Comerica's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 7.7 B, whereas Selling General Administrative is forecasted to decline to about 921 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.5B5.3B2.7B
Total Revenue3.0B3.5B5.3B2.7B

Comerica fundamental ratios Correlations

0.370.23-0.040.750.920.220.18-0.12-0.09-0.040.830.020.340.590.340.41-0.02-0.4-0.230.510.750.650.40.570.2
0.370.510.080.790.42-0.430.790.650.15-0.060.370.610.910.14-0.580.560.50.590.24-0.180.870.85-0.36-0.310.17
0.230.510.590.320.220.360.740.070.620.550.2-0.20.660.1-0.590.330.440.210.56-0.270.590.71-0.32-0.410.72
-0.040.080.59-0.17-0.070.180.560.170.970.970.01-0.610.310.12-0.520.140.68-0.040.85-0.140.10.32-0.29-0.420.22
0.750.790.32-0.170.72-0.280.470.4-0.09-0.220.570.520.60.19-0.090.420.060.19-0.250.050.890.78-0.060.270.32
0.920.420.22-0.070.720.080.180.01-0.1-0.090.70.150.390.490.270.350.08-0.24-0.20.380.750.640.460.410.18
0.22-0.430.360.18-0.280.08-0.18-0.890.050.280.25-0.71-0.190.370.32-0.02-0.27-0.620.060.34-0.08-0.030.310.20.38
0.180.790.740.560.470.18-0.180.570.620.430.140.210.820.08-0.850.50.760.570.68-0.360.680.72-0.56-0.590.35
-0.120.650.070.170.40.01-0.890.570.320.06-0.210.60.48-0.34-0.640.150.550.740.27-0.490.320.32-0.5-0.43-0.07
-0.090.150.620.97-0.09-0.10.050.620.320.95-0.13-0.50.31-0.1-0.630.10.660.120.79-0.360.120.33-0.39-0.460.34
-0.04-0.060.550.97-0.22-0.090.280.430.060.95-0.02-0.720.180.06-0.410.070.54-0.160.74-0.130.010.24-0.2-0.320.28
0.830.370.20.010.570.70.250.14-0.21-0.13-0.02-0.060.460.880.350.480.05-0.51-0.060.80.660.630.310.45-0.09
0.020.61-0.2-0.610.520.15-0.710.210.6-0.5-0.72-0.060.34-0.21-0.230.170.030.7-0.31-0.260.360.17-0.22-0.15-0.14
0.340.910.660.310.60.39-0.190.820.480.310.180.460.340.35-0.60.610.650.430.49-0.040.840.89-0.24-0.440.13
0.590.140.10.120.190.490.370.08-0.34-0.10.060.88-0.210.350.310.410.19-0.550.180.880.40.380.320.24-0.3
0.34-0.58-0.59-0.52-0.090.270.32-0.85-0.64-0.63-0.410.35-0.23-0.60.31-0.25-0.71-0.8-0.720.69-0.27-0.360.70.86-0.27
0.410.560.330.140.420.35-0.020.50.150.10.070.480.170.610.41-0.250.570.110.210.180.610.62-0.07-0.07-0.09
-0.020.50.440.680.060.08-0.270.760.550.660.540.050.030.650.19-0.710.570.420.83-0.190.370.47-0.34-0.64-0.12
-0.40.590.21-0.040.19-0.24-0.620.570.740.12-0.16-0.510.70.43-0.55-0.80.110.420.27-0.780.20.16-0.57-0.710.12
-0.230.240.560.85-0.25-0.20.060.680.270.790.74-0.06-0.310.490.18-0.720.210.830.27-0.190.120.29-0.4-0.750.02
0.51-0.18-0.27-0.140.050.380.34-0.36-0.49-0.36-0.130.8-0.26-0.040.880.690.18-0.19-0.78-0.190.10.060.50.56-0.44
0.750.870.590.10.890.75-0.080.680.320.120.010.660.360.840.4-0.270.610.370.20.120.10.95-0.050.010.31
0.650.850.710.320.780.64-0.030.720.320.330.240.630.170.890.38-0.360.620.470.160.290.060.95-0.1-0.070.32
0.4-0.36-0.32-0.29-0.060.460.31-0.56-0.5-0.39-0.20.31-0.22-0.240.320.7-0.07-0.34-0.57-0.40.5-0.05-0.10.49-0.23
0.57-0.31-0.41-0.420.270.410.2-0.59-0.43-0.46-0.320.45-0.15-0.440.240.86-0.07-0.64-0.71-0.750.560.01-0.070.49-0.06
0.20.170.720.220.320.180.380.35-0.070.340.28-0.09-0.140.13-0.3-0.27-0.09-0.120.120.02-0.440.310.32-0.23-0.06
Click cells to compare fundamentals

Comerica Account Relationship Matchups

Comerica fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding151M140M137M133M153.0M166.9M
Total Assets73.4B88.1B94.6B85.4B85.8B59.4B
Short Long Term Debt Total7.3B5.7B2.8B6.2B9.8B6.7B
Total Current Liabilities71M905M877M3.2B31.4B33.0B
Total Stockholder Equity7.3B8.1B7.9B5.2B6.4B5.6B
Property Plant And Equipment Net457M459M454M400M445M495.2M
Net Debt1.5B(10.0B)(19.9B)(47M)269M255.6M
Retained Earnings9.5B9.6B10.5B11.3B11.7B12.3B
Cash5.8B15.8B22.7B6.3B9.5B10.0B
Non Current Assets Total13.6B16.3B18.3B400M75.9B79.7B
Non Currrent Assets Other(326M)(16.3B)(18.3B)(19.8B)67.0B70.4B
Other Assets36.0B34.9B30.2B53.7B61.8B43.5B
Cash And Short Term Investments18.4B31.0B39.9B25.5B(1.4B)(1.4B)
Net Receivables5.4B6.0B6.2B7.5B8.0B4.7B
Liabilities And Stockholders Equity73.4B88.1B94.6B85.4B85.8B59.4B
Non Current Liabilities Total7.3B5.7B2.8B77.0B48.0B50.4B
Other Stockholder Equity(3.1B)(3.3B)(3.9B)(3.9B)(3.8B)(3.6B)
Total Liab66.1B5.7B86.7B80.2B79.4B51.5B
Property Plant And Equipment Gross457M459M1.5B1.3B1.4B1.5B
Total Current Assets23.8B36.9B46.1B31.3B9.9B8.7B
Short Term Debt71M905M877M3.2B3.6B3.7B
Other Current Liab(71M)(905M)(877M)40.0B27.8B24.5B
Accumulated Other Comprehensive Income(235M)168M(212M)(3.7B)(3.0B)(2.9B)
Other Liab426M44M30M214M192.6M183.0M
Accounts Payable45M875M848M(40.0B)(32M)(30.4M)
Long Term Debt7.3B5.7B2.8B3.0B5.2B5.5B
Short Term Investments12.6B15.2B17.2B19.2B1.2B1.1B
Inventory(6.0B)(16.1B)(23.0B)(6.5B)(5.9B)(5.6B)
Treasury Stock(5.3B)(5.5B)(6.1B)(6.1B)(5.5B)(5.2B)
Intangible Assets2M1M642M667M114M172.6M
Property Plant Equipment457M459M454M400M460M559.1M
Net Tangible Assets7.3B7.7B6.9B4.8B4.3B5.6B
Retained Earnings Total Equity8.8B9.5B9.6B11.3B12.9B8.4B
Long Term Debt Total7.3B5.7B2.8B3.0B2.7B3.7B
Capital Surpluse2.2B2.2B2.2B2.2B2.6B2.3B

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When determining whether Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Comerica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Dividend Share
2.84
Earnings Share
5.03
Revenue Per Share
25.051
Quarterly Revenue Growth
(0.20)
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.