Comerica is a financial holding company, focused on lending to and accepting deposits from businesses and individuals. Co.'s segments include: Commercial Bank, which provides commercial loans and lines of credit, deposits, cash management, payment solutions, card services, capital market products, international trade finance, letters of credit, foreign exchange management services and loan syndication services; Retail Bank, which includes a range of personal financial services; and Wealth Management, which provides fiduciary services, private banking, retirement services, securities-based lending, investment management and advisory services, investment banking and brokerage services. We show 57 historical shares outstanding datapoints in our CMA shares outstanding history coverage, used to compute CMA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CMA market cap history over the course of time is important for investors
interested in comparing CMA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CMA versus a peer is one thing; comparing
CMA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CMA can fluctuate over the course of history.
With this page we aim to empower investors researching CMA by allowing them to research the CMA market cap history. |
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Video: The Importance of Market Cap
