Comerica(CMA) ZACKS·2025-04-15 14:20Core Viewpoint - Comerica Incorporated (CMA) is expected to report quarterly earnings of 829.64 million [1] Earnings Projections - The consensus EPS estimate has been revised 1.8% lower in the last 30 days, indicating a reevaluation by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3] Key Metrics Analysis - Analysts project the 'Efficiency Ratio' to reach 71.9%, down from 76.9% a year ago [5] - The 'Average Balance - Total earning assets' is estimated at 75.81 billion in the previous year [5] - 'Total nonperforming assets' are expected to be 217 million in the same quarter last year [5] - 'Total nonperforming loans' are projected to reach 217 million year-over-year [6] - 'Total noninterest income' is anticipated to be 236 million in the previous year [6] Income Estimates - 'Net interest income' is expected to be 548 million in the same quarter last year [7] - 'Service charges on deposit accounts' are projected at 45 million year-over-year [7] - 'Fiduciary income' is estimated to reach 51 million in the previous year [8] - 'Commercial lending fees' are expected to be 16 million year-over-year [8] - 'Bank-owned life insurance' is projected at 10 million in the previous year [8] - 'Capital markets income' is estimated at 30 million in the same quarter last year [9] - 'Letter of credit fees' are projected at 10 million year-over-year [9] Stock Performance - Comerica shares have decreased by 9.9% in the past month, while the Zacks S&P 500 composite has declined by 3.9% [9] - With a Zacks Rank 3 (Hold), CMA is expected to closely follow the overall market in the near term [10]