Shares of Comerica ( CMA) of Dallas closed at $29.99 Monday, returning 18% year-to-date, following a 38% decline during 2011. The shares trade for0.9 times tangible book value, and for 11 times the consensus 2013 EPS estimate of $2.63. Comerica's ROA has ranged between 0.67% and 0.93% over the past five quarters, according to Thomson Reuters Bank Insight. Based on a quarterly payout of 15 cents, the shares have a dividend yield of 2.00%. Comerica's board in March authorized up to $375 million in common stock repurchases through the first quarter of 2013. The company bought back about $215.5 million in shares during the first three quarters of 2012. O'Connor expects Comerica's combined payout ratio during 2013 to be 101%, with dividends increasing to $137 million from $106 million in 2012, and common share buybacks increasing to $328 million from $293 million. The analyst expects Comerica's 2013 dividend yield to increase to 2.5%. CMA data by YCharts
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