Comerica Inc
NYSE:CMA
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| US |
|
Comerica Inc
NYSE:CMA
|
7.3B USD |
11%
|
|
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
69.5B USD |
11%
|
|
| US |
|
Truist Financial Corp
NYSE:TFC
|
51.8B USD |
7%
|
|
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
214.9B CNY |
11%
|
|
| US |
|
M&T Bank Corp
NYSE:MTB
|
29.4B USD |
9%
|
|
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
25.6B USD |
11%
|
|
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
24.6B USD |
11%
|
|
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
175.7B CNY |
12%
|
|
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
22.9B USD |
10%
|
|
| JP |
|
Resona Holdings Inc
TSE:8308
|
3T JPY |
8%
|
|
| US |
|
Regions Financial Corp
NYSE:RF
|
19.5B USD |
11%
|
Comerica Inc
Glance View
Comerica Inc., founded in 1849, stands as a significant player in the financial services industry, weaving its legacy through the bustling corridors of banking. Headquartered in Dallas, Texas, it primarily operates through its business segments: Commercial Banking, Retail Banking, and Wealth Management. As a paragon of Texas’ robust financial scene, Comerica has meticulously crafted its niche by offering a diverse array of financial products and services. The company’s lifeblood flows through its commercial banking segment, which caters to businesses by providing loans, treasury management services, and international trade finance, fostering a client relationship built on trust and reliability. This segment, forming the bedrock of Comerica's operations, continually propels the company forward by nurturing and expanding its clientele of businesses ranging from small enterprises to large corporations. Completing the picture of its financial prowess, Comerica's Retail Banking segment serves individual consumers, offering them an array of services like personal and mortgage loans, while the Wealth Management division tailors strategies for affluent clients, managing assets and advising on investments. By operating with a keen understanding of regional economic landscapes, Comerica leverages its footprint across Texas, Michigan, Arizona, and California to support local businesses and individuals alike. It thrives on a relationship-oriented approach, differentiating itself with personalized service in a largely automated industry. Comerica's revenue streams, deeply rooted in interest income from loans and fee-based services, reflect its strategic commitments to maintaining a strong presence in the commercial banking sector while increasingly capitalizing on wealth management opportunities.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Comerica Inc's most recent financial statements, the company has ROE of 10.8%.
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