TD Cowen has initiated coverage on Comerica Inc (CMA) with a Hold rating, marking the firm's first assessment of the company's investment potential. The rating reflects an analysis of Comerica's business model, industry dynamics, and growth prospects.
Headquartered in Dallas, Texas, Comerica provides a range of financial services through its segments, which include Commercial Bank, Retail Bank, and Wealth Management. With a market capitalization of $9.8 billion, the company reported a trailing twelve-month price-to-earnings ratio of 13.62 and earnings per share of 5.42. Comerica currently offers a dividend yield of 371.4%.
The announcement highlights that analyst ratings and price targets are based on professional research and financial models. While they can provide valuable perspectives, these assessments are grounded in assumptions that may not always materialize.
Investors are advised to consider various factors, including company fundamentals and industry trends, when making decisions. Analyst ratings can evolve as new information becomes available, and opinions may vary among different analysts.
Upcoming earnings for Comerica are set for July 21, 2026, with an estimated EPS of $1.40 and revenue of $877.3 million.