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CMA (Comerica) Scaled Net Operating Assets : 0.01 (As of Mar. 2025)


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What is Comerica Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Comerica's operating assets for the quarter that ended in Mar. 2025 was $64,049 Mil. Comerica's operating liabilities for the quarter that ended in Mar. 2025 was $63,612 Mil. Comerica's Total Assets for the quarter that ended in Dec. 2024 was $79,297 Mil. Therefore, Comerica's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 0.01.

Comerica Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Comerica's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(72493-66081)/85834
=0.07

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=79297 - 6804
=72493

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=72754 - 6673 - 0
=66081

Comerica's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Dec. 2024 )
=(64049-63612)/79297
=0.01

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=77622 - 13573
=64049

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=70570 - 5733 - 1225
=63612

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comerica Scaled Net Operating Assets Related Terms

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Comerica Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Comerica Inc (NYSE:CMA) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
0I1P:UK CA3:Germany C1MA34:Brazil
Address
1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201
Website
https://www.comerica.com
With assets of around $80 billion, Comerica is primarily a relationship-based commercial bank headquartered in Dallas. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.
Executives
Peter L Sefzik officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Bailey Corey R officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Allysun C Fleming officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
James Harry Weber officer: Executive Vice President 1717 MAIN STREET, MC-6503, DALLAS TX 75201
Mauricio A Ortiz officer: SVP & Chief Accounting Officer MAIN STREET MC 6500, DALLAS TX 75201
Christine M Moore officer: SVP and General Auditor 411 WEST LAFAYETTE, DETROIT MI 48226
Casandra M. Mckinney officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Wendy Bridges officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Arthur G Angulo director 1717 MAIN STREET, DALLAS TX 75201
Alan Gardner director C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Derek J Kerr director
Jennifer H Sampson director 1717 MAIN STREET, MC 6506, DALLAS TX 75201
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Von E Hays officer: Interim Chief Legal Officer 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Melinda A. Chausse officer: EVP 1717 MAIN STREET, DALLAS TX 75201