CMA vs. BAC
CMA (Comerica Incorporated) and BAC (Bank of America Corporation) are both stocks. Both are in the Financial Services sector — CMA in Banks - Regional, BAC in Banks - Diversified. Their 0.64 correlation means they have sometimes moved together and sometimes differently.
Performance
CMA vs. BAC - Performance Comparison
Loading charts...
Returns By Period
CMA
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BAC
- 1D
- 0.36%
- 1M
- 5.48%
- 6M
- 17.71%
- YTD
- 13.86%
- 1Y
- 38.63%
- 3Y*
- 28.30%
- 5Y*
- 12.79%
- 10Y*
- 18.54%
- ALL TIME*
- 8.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.02B | $2.04B | $2.03B |
CMA vs. BAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMA Comerica Incorporated | 2.00% | 46.73% | 16.74% | -11.09% | -20.38% | 61.53% | -16.79% | 8.46% | -19.18% | 29.34% |
BAC Bank of America Corporation | 13.86% | 28.04% | 33.85% | 4.83% | -23.82% | 49.61% | -11.63% | 46.19% | -15.00% | 35.69% |
Correlation
The correlation between CMA and BAC is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.64 |
Over the past year, the correlation between CMA and BAC has dropped to 0.31 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
Fundamentals
CMA:
$11.79B
BAC:
$439.63B
CMA:
$5.44
BAC:
$4.50
CMA:
16.31
BAC:
13.75
CMA:
2.46
BAC:
2.61
CMA:
1.61
BAC:
1.64
CMA:
$4.80B
BAC:
$177.58B
CMA:
$3.27B
BAC:
$115.79B
CMA:
$989.00M
BAC:
$45.64B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CMA vs. BAC — Risk / Return Rank
CMA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BAC
CMA vs. BAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Comerica Incorporated (CMA) and Bank of America Corporation (BAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CMA | BAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.90 | — |
| Martin ratioReturn relative to average drawdown | — | 5.00 | — |
Loading charts...
Drawdowns
CMA vs. BAC - Drawdown Comparison
Loading charts...
Drawdown Indicators
| CMA | BAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -93.10% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -17.93% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.51% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.95% | — |
Current DrawdownCurrent decline from peak | — | -1.07% | — |
Average DrawdownAverage peak-to-trough decline | — | -28.21% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.82% | — |
Volatility
CMA vs. BAC - Volatility Comparison
Loading charts...
Volatility by Period
| CMA | BAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 21.85% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 26.67% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 30.46% | — |
Dividends
CMA vs. BAC - Dividend Comparison
CMA has not paid dividends to shareholders, while BAC's dividend yield for the trailing twelve months is around 1.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 1.81% | 1.96% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% |
CMA Comerica Incorporated | 1.60% | 3.27% | 4.59% | 5.09% | 4.07% | 3.13% | 4.87% | 3.74% | 2.68% | 1.26% | 1.31% | 1.98% |
Financials
CMA vs. BAC - Financials Comparison
This section allows you to compare key financial metrics between Comerica Incorporated and Bank of America Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CMA vs. BAC - Profitability Comparison
CMA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Comerica Incorporated reported a gross profit of 836.00M and revenue of 1.21B. Therefore, the gross margin over that period was 69.4%.
BAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bank of America Corporation reported a gross profit of 30.19B and revenue of 49.39B. Therefore, the gross margin over that period was 61.1%.
CMA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Comerica Incorporated reported an operating income of 219.00M and revenue of 1.21B, resulting in an operating margin of 18.2%.
BAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bank of America Corporation reported an operating income of 11.57B and revenue of 49.39B, resulting in an operating margin of 23.4%.
CMA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Comerica Incorporated reported a net income of 176.00M and revenue of 1.21B, resulting in a net margin of 14.6%.
BAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bank of America Corporation reported a net income of 9.07B and revenue of 49.39B, resulting in a net margin of 18.4%.
Frequently Asked Questions
CMA and BAC have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CMA and BAC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer