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Added to YB: 2024-12-06

Pitch date: 2024-09-30

CMA [bullish]

Comerica Incorporated

+57.64%

current return

Author Info

No bio for this author

Company Info

Comerica Incorporated, together with its subsidiaries, provides financial services in the United States, Canada, and Mexico.

Market Cap

$10.0B

Pitch Price

$56.75

Price Target

N/A

Dividend

3.63%

EV/EBITDA

N/A

P/E

14.98

EV/Sales

N/A

Sector

Banks

Category

value

Show full summary:
Ariel Global Fund New Position: Comerica Incorporated

CMA: High-touch financial holding co. w/ 3 segments. Attractive entry due to QT impact on deposits/loans & credit issues. Well-positioned for economic growth, deposit/loan expansion. Moderate rate cuts may boost margins. Risk/reward skewed upside at current valuation.

Read full article (1 min)