
Comerica (CMA) Stock Forecast & Price Target
Comerica (CMA) Analyst Ratings
Bulls say
Comerica demonstrated a notable improvement in its financial metrics, as its net interest income increased by 7.7% sequentially to $575 million, benefiting from a $25 million tailwind attributed to BSBY impacts. The net interest margin also expanded by 26 basis points to 3.06%, reflecting a significant decrease in interest-bearing deposit costs and an increase in loan yields. Furthermore, the bank's guidance for net interest income suggests growth of 6% to 7% in 2025, outpacing expense guidance increases of just 3%, highlighting a positive trajectory for profitability.
Bears say
Comerica's core fee income has decreased by 2.9% quarter-over-quarter and 6% year-over-year, indicating a declining revenue stream below expectations. The common equity tier 1 (CET1) ratio, while relatively strong compared to peers, has decreased to 11.89%, reflecting potential concerns regarding capital adequacy as loan growth is projected to slow, and earnings may be negatively impacted by losses. Additionally, average deposits are anticipated to decline between 2% and 3% in fiscal year 2025, suggesting challenges in retaining customer deposits and signaling weaker overall financial health.
This aggregate rating is based on analysts' research of Comerica and is not a guaranteed prediction by Public.com or investment advice.
Comerica (CMA) Analyst Forecast & Price Prediction
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