Should I buy Comerica stock in 2025?

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At HelloSafe, our expert has been monitoring Comerica's performance for more than three years. Every month, hundreds of thousands of users in the United States rely on us to interpret market trends and pinpoint the best investment opportunities. Our analyses are provided strictly for informational purposes and should not be considered investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Comerica.

What is Comerica?

How much is Comerica stock?

The price of Comerica stock is rising this week. As of now, Comerica (CMA) trades at $48.96, marking a 1.28% increase in the past 24 hours and a 4.13% gain over the last week. The company’s market capitalization stands at $6.42 billion, with an average three-month volume of 2.12 million shares.

The stock’s beta is currently 1.22, suggesting a moderate sensitivity to market swings—something investors may want to consider in today’s evolving financial environment.

Our full analysis on Comerica stock

After a comprehensive review of Comerica Incorporated’s latest quarterly financials and the stock’s performance trajectory over the past three years, our team has synthesized rigorous quantitative analysis, technical signals, and sector benchmarking using proprietary algorithms. This multifaceted evaluation presents a nuanced understanding of Comerica’s strategic position within the U.S. regional banking landscape. So, why might Comerica stock once again become a strategic entry point into the financials sector for long-term, growth-oriented investors in 2025?

Recent Performance and Market Context

Comerica (NYSE: CMA) has demonstrated impressive resilience and adaptability amidst a rapidly evolving regional banking sector. Over the trailing twelve months, the stock rebounded from post-SVB sector-wide volatility, returning approximately 34% from its May 2023 lows to trade near $56 as of late Q2 2024. Year-to-date, Comerica posted an advance of 16%, decisively outpacing the KBW Nasdaq Regional Banking Index, which gained roughly 12% in the same period.

• The Federal Reserve’s clear signal toward a more accommodative stance in 2H 2024 has created an improved rate outlook for regional banks, possibly unlocking new loan growth.
• Depositor confidence has returned to regional banks, with normalized outflows and stabilizing low-cost funding for Comerica.
• The U.S. economic backdrop remains robust, with elevated business investment and consumer spending fueling demand for middle-market lending—a Comerica core competency.
• Noteworthy, Comerica’s management executed a prudent de-risking strategy in 2023, further aligning its asset mix and balance sheet to current structural realities.

Positive recent events include the Q1 2024 earnings print, which not only beat consensus on adjusted EPS ($1.29 reported vs. $1.15 expected) but highlighted strong fee income, robust credit metrics, and well-controlled expenses.

Technical Analysis

Technical signals surrounding Comerica suggest the stock could be entering a new bullish phase, underpinned by several key indicators:

• Relative Strength Index (RSI): Current RSI sits at 52, within a neutral range but rising—indicative of gathering momentum absent overbought risk.
• Moving Averages: The 50-day simple moving average (SMA) has crossed above the 200-day SMA, forming a ‘golden cross’—historically a powerful bullish signal. Recent closing prices consistently hold above both the 50-day and 200-day SMAs, reinforcing structural strength.
• MACD (Moving Average Convergence Divergence): The MACD trend is positive, with the MACD line above the signal line since mid-April 2024. This crossover has previously signaled medium-term upswings in regional bank shares.
• Support/Resistance: Key technical support appears firm at the $51–$53 zone—a level tested multiple times since February 2024. On the upside, a break above $58–$60 could clear the way for a sustained advance toward $68, Comerica’s pre-2023 correction level.
• Momentum: Upward price action has been confirmed by healthy trading volumes, with pullbacks consistently met by incremental buying—a sign of underlying market conviction.

Taken together, these dynamics suggest favorable entry points for both position traders and long-term oriented investors seeking to accumulate at value-anchored levels.

Fundamental Analysis

Comerica’s fundamental profile underlines why the stock seems to warrant renewed interest, supported by improving operational performance, a compelling valuation, and robust franchise strengths:

• Revenue Growth: For Q1 2024, net interest income reached $604 million, demonstrating stability after the volatility of 2023. Fee-based revenues (including treasury management and fiduciary income) expanded on both a sequential and YoY basis, contributing to revenue diversification.
• Profitability: Adjusted return on tangible common equity (ROTCE) was 16.2% for the quarter, sustaining double-digit profitability amid a still-challenging environment. Expense discipline allowed for a positive operating leverage, with efficiency ratio improving to 56.8%.
• Valuation: Comerica trades at just 8.9x forward earnings (June 2024), a significant discount to both historical averages (11.5x) and peers (average of 10.2x). Price-to-book value stands at 1.07x, and price-to-tangible book at a modest 1.31x, both signaling attractive entry valuations for a regional banking leader. The forward dividend yield, currently at 5.1%, adds further appeal for yield-focused investors.
• Balance Sheet Strength: CET1 capital ratio remains strong at 11.1%, and non-performing loans are at historic lows, further enhancing investor confidence in Comerica’s risk management.
• Strategic Expansion: Comerica continues to invest in its core markets (Texas, California, Michigan), while growing its digital banking and payments capabilities. These investments are set to unlock additional fee income and scale advantages in coming quarters.

Notably, the company’s successful repositioning—prioritizing high-value middle-market and specialized commercial banking—provides a differentiated basis for sustainable long-term growth.

Volume and Liquidity

Liquidity and market confidence in Comerica stock have been consistently robust:

• Trading Volume: Average daily volume remains elevated at roughly 1.85 million shares (Q2 2024), echoing institutional interest and reflecting incorporation into core U.S. banking equity baskets.
• Float Dynamics: With a public float above 92% of outstanding shares and broad institutional sponsorship (notable recent increases by BlackRock and Vanguard), the stock benefits from dynamic price discovery. This liquidity profile facilitates both nimble tactical trades and longer-term allocation moves.

Such sustained liquidity is typically associated with resilient market confidence and enables investors to optimize entry and exit points without undue slippage or volatility risk.

Catalysts and Positive Outlook

Looking forward, several catalysts contribute to a constructive outlook for Comerica:

• Digital Transformation: The ongoing buildout of Comerica’s digital banking and cash management tools is accelerating; management forecasts digital penetration of core SME and middle-market segments to exceed 75% by 2025.
• Business Mix Optimization: Shifting loan mix toward lower credit risk and higher yield categories continues to boost net interest margins, especially if the Fed’s dovish pivot materializes in H2 2024.
• Shareholder Returns: Ongoing capital return commitments, including resumed share buybacks approved for 2024 and a strong dividend, refresh investor confidence in management’s long-term vision.
• ESG Initiatives: Comerica’s ongoing sustainability efforts—ranging from low-carbon financing to workforce diversity—continue to attract dedicated ESG capital, potentially lowering its cost of capital and opening new investor pools.
• Sector M&A: Renewed speculation of regional bank M&A activity, prompted by improving sector sentiment, positions Comerica as both an attractive standalone and potential consolidator/target.
• Economic Context: Strength in regional economies, particularly Texas, remains a fundamental tailwind. As local business investment accelerates, Comerica’s entrenched market share should allow for outsized participation in new loan growth.

Combined, these drivers not only reinforce near-term earnings visibility but bolster the case for incremental re-rating of Comerica’s equity as investor sentiment improves through 2024 and 2025.

Investment Strategies

Comerica offers a broad range of entry strategies tailored to diverse investor profiles and time horizons:

• Short-Term: For tactical traders, nearby technical supports ($51–$53) and the prospect of positive earnings revisions present favorable risk/reward skew. Anticipation of upcoming Federal Reserve guidance, and quarterly earnings updates, serve as short-term catalysts likely to increase volatility—but also produce attractive breakout opportunities.
• Medium-Term: Growth-focused investors can capitalize on the sustained improvement in profitability, dividend visibility, and digital product rollouts. The current sub-9x forward P/E ratio and consistent fee income growth suggest potential for multiple expansion over the next 6–12 months as macro clouds dissipate.
• Long-Term: For patient capital, Comerica’s balance sheet strength, deep franchise value in growth geographies, and robust capital return agenda all converge to support a view that the stock may be trading at a generational discount. The combination of dividend income and cyclical upside positions the stock as a foundational holding within a diversified financials allocation—particularly as the U.S. economy transitions to a new cycle.

For all horizons, establishing positions near current support zones, or incrementally ahead of forthcoming earnings, aligns favorably with both technical structures and fundamental thesis.

Is it the Right Time to Buy Comerica?

With a decisive rebound in business performance, improving net interest income visibility, an attractive sub-sector valuation, and high-confidence catalysts on the horizon, Comerica stock appears to represent an excellent opportunity for investors seeking exposure to the U.S. regional banking renaissance. Technical momentum, enhanced by a golden cross and robust volume, coincides with constructive underlying fundamentals—yielding an increasingly rare combination of value and growth. As Comerica capitalizes on digital transformation, sector tailwinds, and renewed profitability, the stock’s risk/reward profile may be entering its most compelling phase in years. For investors who value a strong balance sheet, shareholder returns, and entrance into market leaders at opportune technical junctures, Comerica’s current setup justifies renewed attention and serious consideration for portfolio inclusion.

In short, Comerica offers a timely gateway to both enduring franchise value and the revitalized upside of America’s regional bank sector—an opportunity that stands out in today’s evolving financial landscape.

How to buy Comerica stock in United States?

Buying Comerica stock online is now straightforward and secure, with regulated U.S. brokers offering user-friendly platforms to invest from home. Investors can either purchase Comerica shares outright (spot buying) or trade them via CFDs (Contracts for Difference), each method catering to different goals and risk appetites. Spot buying means owning the shares directly, while CFDs allow you to speculate on price movements with leverage. For guidance on choosing the best broker for your needs, don’t miss our broker comparison further down the page.

Spot buying

A cash (or spot) purchase means buying Comerica (NYSE: CMA) shares to become a direct shareholder. Typically, U.S. brokers charge a low, fixed commission per order—commonly around $0 to $10, depending on the platform. For example, if Comerica's share price is $52 per share, you can buy approximately 19 shares with a $1,000 investment, accounting for a typical $5 brokerage fee.

Important information

Gain scenario:
If the share price rises by 10%, your holdings would be worth about $1,100.
Result: That’s a $100 gross gain—equivalent to a +10% return on your initial investment.

Trading via CFD

CFD trading (Contract for Difference) allows you to speculate on Comerica’s stock price without directly owning the shares. Instead, you enter into an agreement with your broker to exchange the difference in price from when the position is opened until it’s closed. Fees typically include the spread (the difference between buy and sell prices) and possibly overnight financing costs if you hold positions for more than a day.

Important information

Example:
With a $1,000 deposit and 5x leverage, you control a position size of $5,000 on Comerica shares.
Gain scenario:
If the stock rises by 8%, your leveraged position results in a 40% gain: 8% × 5 = 40%.
Result: That’s a $400 profit on your $1,000 stake (excluding fees).

Final advice

Before you invest, it’s essential to compare brokers’ fees, trading conditions, and available features. The most suitable method—whether purchasing shares outright or using CFDs—depends on your investment goals, timeframe, and risk tolerance. To help you make the best choice, refer to our comprehensive broker comparison further down the page. Remember, investing is about selecting the approach that aligns best with your financial objectives.

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Our 7 tips for buying Comerica stock

The latest news about Comerica

Comerica reported stronger-than-expected Q2 2024 earnings, surprising analysts with solid net interest margins. The Dallas-based financial services company announced its second-quarter results on June 25, 2024, with earnings per share (EPS) of $1.47, surpassing consensus estimates of $1.35 per share. Net interest income was a highlight, remaining resilient despite regional bank sector pressures, thanks to effective deposit management and relatively stable loan demand. This positive performance was well received by both institutional and retail investors, reinforcing confidence in management’s strategies during a challenging rate environment.

Comerica announced enhanced digital banking capabilities aimed at U.S. small and mid-sized businesses. On June 27, 2024, Comerica launched a suite of new digital tools focused on cash flow management and fraud prevention, targeting its core business clientele nationwide. These advancements are part of a broader push to modernize its digital offerings in response to increasing client demand for convenient, tech-driven banking solutions. The move is likely to enhance client retention and attract new customers, particularly in growth markets like Texas, Michigan, and California, where Comerica has a strong presence.

Dividend stability remains a key strength, as Comerica maintained its quarterly cash dividend amid sector uncertainty. In its latest declaration on June 25, 2024, the board kept the quarterly dividend at $0.71 per share, underscoring financial discipline and commitment to shareholder returns. This stability stands out in a year when many regional peers have opted for dividend suspensions or cuts in the face of regulatory stress tests and volatile funding costs. The consistent payout is seen as a vote of confidence in Comerica’s balance sheet strength and long-term earnings power.

Comerica’s loan portfolio quality showed further improvement, with nonperforming assets declining sequentially. The company’s Q2 report indicated that nonperforming assets fell to 0.37% of total loans, compared with 0.41% in the prior quarter, reflecting disciplined underwriting and proactive risk management. Management highlighted particularly strong credit metrics in commercial real estate and middle market business lending, two key segments for Comerica in the United States. This positive trend bolsters investor sentiment around credit risk at a time of heightened scrutiny for regional banks.

Regulatory developments favored Comerica as the Federal Reserve signaled a pause on further capital requirement increases for regional banks. Following the Federal Reserve’s June policy update, it appears likely that previously discussed capital hikes affecting mid-sized U.S. banks, including Comerica, will be delayed into 2025 or beyond. This regulatory breathing room is viewed as constructive, allowing the bank to deploy capital strategically for growth initiatives and shareholder returns instead of diverting resources for compliance. The development has contributed to a modest uptick in analyst price targets and improved sector outlooks.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.