FMP
Jan 23, 2023 3:18 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Comerica (NYSE:CMA) shares gained nearly 6% on Thursday following the company’s reported Q4 results, with EPS of $2.58, coming in better than the Street estimate of $2.55.
Quarterly results were solid as stronger loan growth and solid margin expansion helped drive improved spread revenues. Fees were stable, while expense growth was acceptable. Credit metrics remained relatively benign with a modestly higher provision.
According to the analyst at RBC Capital, the 2023 outlook is consistent with their expectations and suggests a steady operating environment for Comerica. Credit and funding remain general investor concerns, but both look solid for Comerica. The analysts adjusted their price target to $83 from $85, while maintaining their Outperform rating.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...