Comerica Q2 Earnings Preview: Analysts Expect Decline in Earnings, Increase in Revenues

Comerica Incorporated (CMA) is expected to report Q2 earnings of $1.23 per share, down 19.6% YoY, and revenues of $844.72 million, up 2.5% YoY. Analysts forecast key metrics such as Efficiency Ratio at 70.1%, Average Balance - Total earning assets at $70.40 billion, Total nonperforming assets at $306.34 million, Total nonperforming loans at $308.51 million, Net interest income at $576.45 million, and Total noninterest income at $263.45 million.

Comerica Incorporated (CMA) is set to release its Q2 2025 earnings report before the market opens on Friday, July 18th. Analysts anticipate earnings of $1.23 per share, a 19.6% decline year-over-year (YoY), and revenues of $844.72 million, a 2.5% increase YoY. The company's stock has seen a revised price target from Keefe, Bruyette & Woods (KBW) to $69.00, a 1.47% increase from the previous target of $68.00 [1].

Keefe, Bruyette & Woods maintains its "Outperform" rating on CMA, indicating confidence in the company's potential performance. The average target price for CMA is $61.02, with a high estimate of $75.00 and a low estimate of $47.00. The average target implies a 3.74% downside from the current price of $63.39 [1].

Analysts forecast key metrics such as an Efficiency Ratio of 70.1%, an Average Balance - Total earning assets of $70.40 billion, Total nonperforming assets of $306.34 million, Total nonperforming loans of $308.51 million, Net interest income of $576.45 million, and Total noninterest income of $263.45 million [2].

Several analysts have recently updated their ratings and price targets for CMA. UBS Group raised CMA from a "sell" rating to a "neutral" rating and set a $59.00 target price. Royal Bank Of Canada dropped their target price from $75.00 to $65.00 and set an "outperform" rating. Raymond James Financial restated a "market perform" rating on shares of CMA. Citigroup lifted their price target from $54.00 to $61.00 and gave the stock a "neutral" rating. Stephens lowered their rating from "overweight" to "equal weight" and decreased their price target from $66.00 to $64.00 [1].

Comerica's stock traded down $0.56 during trading on Friday, hitting $63.45. The company had a trading volume of 1,343,510 shares, compared to its average volume of 2,009,368. The firm has a market capitalization of $8.34 billion, a price-to-earnings ratio of 11.99, and a beta of 0.92. The business has a 50-day moving average of $58.12 and a 200-day moving average of $59.55. Comerica has a fifty-two week low of $48.12 and a fifty-two week high of $73.45. The company has a current ratio of 0.96, a quick ratio of 0.96, and a debt-to-equity ratio of 0.86 [1].

Comerica's recent dividend announcement saw a quarterly dividend of $0.71 per share, to be paid on Friday, August 1st. This represents a $2.84 annualized dividend and a yield of 4.48%. The payout ratio is 53.69% [1].

Investors should closely monitor CMA's earnings report and the subsequent market reaction. The company's performance in the upcoming quarter will be crucial in determining the direction of its stock price.

References:
[1] https://www.ainvest.com/news/comerica-cma-receives-revised-price-target-69-00-keefe-bruyette-woods-2507/
[2] https://finance.yahoo.com/news/seeking-clues-comerica-cma-q2-131502719.html