Comerica Quarterly Income Statements Chart
Quarterly
|
Annual
Comerica Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2017-12-31 | 2017-09-30 | 2012-12-31 | 2010-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| interest income | |||||||||||||||||||||||||||||
| interest and fees on loans | 771,000,000 | 759,000,000 | 795,000,000 | 798,000,000 | 803,000,000 | 808,000,000 | 849,000,000 | 862,000,000 | 852,000,000 | 777,000,000 | 719,000,000 | 597,000,000 | 393,000,000 | 411,000,000 | 404,000,000 | 414,000,000 | 408,000,000 | 434,000,000 | 517,000,000 | 564,000,000 | 619,000,000 | 635,000,000 | 621,000,000 | 604,000,000 | 581,000,000 | 498,000,000 | 500,000,000 | 1,205,000,000 | 412,000,000 |
| interest on investment securities | 107,000,000 | 109,000,000 | 100,000,000 | 99,000,000 | 101,000,000 | 102,000,000 | 104,000,000 | 105,000,000 | 108,000,000 | 113,000,000 | 118,000,000 | 119,000,000 | 71,000,000 | 70,000,000 | 70,000,000 | 71,000,000 | 72,000,000 | 74,000,000 | 74,000,000 | 75,000,000 | 75,000,000 | 75,000,000 | 72,000,000 | 71,000,000 | 66,000,000 | 64,000,000 | 62,000,000 | 173,000,000 | 61,000,000 |
| interest on short-term investments | 53,000,000 | 56,000,000 | 72,000,000 | 85,000,000 | 67,000,000 | 109,000,000 | 96,000,000 | 136,000,000 | 114,000,000 | 59,000,000 | 39,000,000 | 34,000,000 | 10,000,000 | 8,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | 18,000,000 | 20,000,000 | 17,000,000 | 17,000,000 | 17,000,000 | 29,000,000 | 28,000,000 | 16,000,000 | 17,000,000 | 9,000,000 | 3,000,000 |
| total interest income | 931,000,000 | 924,000,000 | 967,000,000 | 982,000,000 | 971,000,000 | 1,019,000,000 | 1,049,000,000 | 1,103,000,000 | 1,074,000,000 | 949,000,000 | 876,000,000 | 750,000,000 | 474,000,000 | 489,000,000 | 479,000,000 | 489,000,000 | 484,000,000 | 511,000,000 | 609,000,000 | 659,000,000 | 711,000,000 | 727,000,000 | 710,000,000 | 704,000,000 | 675,000,000 | 578,000,000 | 579,000,000 | 1,387,000,000 | 476,000,000 |
| interest expense | |||||||||||||||||||||||||||||
| interest on deposits | 256,000,000 | 252,000,000 | 286,000,000 | 330,000,000 | 305,000,000 | 317,000,000 | 302,000,000 | 271,000,000 | 201,000,000 | 118,000,000 | 78,000,000 | 16,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 10,000,000 | 15,000,000 | 20,000,000 | 56,000,000 | 70,000,000 | 73,000,000 | 67,000,000 | 52,000,000 | 43,000,000 | 35,000,000 | 13,000,000 | 11,000,000 | 35,000,000 | 35,000,000 |
| interest on short-term borrowings | 15,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 9,000,000 | 37,000,000 | 58,000,000 | 125,000,000 | 142,000,000 | 66,000,000 | 16,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | |||||||||||
| interest on medium- and long-term debt | 85,000,000 | 95,000,000 | 105,000,000 | 117,000,000 | 124,000,000 | 117,000,000 | 105,000,000 | 106,000,000 | 110,000,000 | 57,000,000 | 40,000,000 | 26,000,000 | 8,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 11,000,000 | 19,000,000 | 40,000,000 | 45,000,000 | 50,000,000 | 51,000,000 | 51,000,000 | 47,000,000 | 40,000,000 | 20,000,000 | 19,000,000 | 39,000,000 | 26,000,000 |
| total interest expense | 356,000,000 | 349,000,000 | 392,000,000 | 448,000,000 | 438,000,000 | 471,000,000 | 465,000,000 | 502,000,000 | 453,000,000 | 241,000,000 | 134,000,000 | 43,000,000 | 13,000,000 | 14,000,000 | 14,000,000 | 20,000,000 | 26,000,000 | 40,000,000 | 96,000,000 | 115,000,000 | 125,000,000 | 124,000,000 | 104,000,000 | 90,000,000 | 76,000,000 | 33,000,000 | 33,000,000 | 74,000,000 | 61,000,000 |
| net interest income | 575,000,000 | 575,000,000 | 575,000,000 | 534,000,000 | 533,000,000 | 548,000,000 | 584,000,000 | 601,000,000 | 621,000,000 | 708,000,000 | 742,000,000 | 707,000,000 | 461,000,000 | 475,000,000 | 465,000,000 | 469,000,000 | 458,000,000 | 471,000,000 | 513,000,000 | 544,000,000 | 586,000,000 | 603,000,000 | 606,000,000 | 614,000,000 | 599,000,000 | 545,000,000 | 546,000,000 | 1,313,000,000 | 415,000,000 |
| benefit from credit losses | 44,000,000 | 20,000,000 | 21,000,000 | 14,000,000 | 14,000,000 | 12,000,000 | 14,000,000 | 33,000,000 | 30,000,000 | 33,000,000 | 28,000,000 | -25,000,000 | -42,000,000 | -135,000,000 | -17,000,000 | 5,000,000 | 138,000,000 | 411,000,000 | 8,000,000 | 35,000,000 | 44,000,000 | -13,000,000 | 16,000,000 | 17,000,000 | 24,000,000 | ||||
| net interest income after benefit from credit losses | 531,000,000 | 555,000,000 | 554,000,000 | 520,000,000 | 533,000,000 | 534,000,000 | 572,000,000 | 587,000,000 | 588,000,000 | 678,000,000 | 709,000,000 | 679,000,000 | 486,000,000 | 517,000,000 | 600,000,000 | 486,000,000 | 453,000,000 | 333,000,000 | 102,000,000 | 536,000,000 | 551,000,000 | 559,000,000 | 619,000,000 | 598,000,000 | 599,000,000 | 528,000,000 | 522,000,000 | ||
| noninterest income | |||||||||||||||||||||||||||||
| card fees | 59,000,000 | 59,000,000 | 62,000,000 | 64,000,000 | 64,000,000 | 66,000,000 | 68,000,000 | 71,000,000 | 72,000,000 | 69,000,000 | 68,000,000 | 67,000,000 | 71,000,000 | 72,000,000 | 84,000,000 | 72,000,000 | 71,000,000 | 68,000,000 | 59,000,000 | 62,000,000 | 67,000,000 | 65,000,000 | 63,000,000 | 64,000,000 | 61,000,000 | 91,000,000 | 85,000,000 | 34,000,000 | 13,000,000 |
| fiduciary income | 57,000,000 | 52,000,000 | 54,000,000 | 57,000,000 | 58,000,000 | 51,000,000 | 56,000,000 | 59,000,000 | 62,000,000 | 58,000,000 | 55,000,000 | 58,000,000 | 60,000,000 | 58,000,000 | 60,000,000 | 52,000,000 | 51,000,000 | 52,000,000 | 54,000,000 | 52,000,000 | 53,000,000 | 52,000,000 | 49,000,000 | 51,000,000 | 51,000,000 | 50,000,000 | 48,000,000 | 119,000,000 | 39,000,000 |
| service charges on deposit accounts | 47,000,000 | 46,000,000 | 47,000,000 | 46,000,000 | 46,000,000 | 45,000,000 | 45,000,000 | 47,000,000 | 47,000,000 | 46,000,000 | 47,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 47,000,000 | 47,000,000 | 47,000,000 | 42,000,000 | 49,000,000 | 50,000,000 | 51,000,000 | 51,000,000 | 51,000,000 | 51,000,000 | 53,000,000 | 55,000,000 | 57,000,000 | 158,000,000 | 56,000,000 |
| capital markets income | 42,000,000 | 31,000,000 | 36,000,000 | 39,000,000 | 37,000,000 | 30,000,000 | 34,000,000 | 35,000,000 | 39,000,000 | 39,000,000 | |||||||||||||||||||
| commercial lending fees | 17,000,000 | 16,000,000 | 18,000,000 | 17,000,000 | 17,000,000 | 16,000,000 | 17,000,000 | 19,000,000 | 18,000,000 | 18,000,000 | 28,000,000 | 29,000,000 | 28,000,000 | 31,000,000 | 27,000,000 | 24,000,000 | 19,000,000 | 17,000,000 | 17,000,000 | 25,000,000 | 23,000,000 | 21,000,000 | 22,000,000 | 23,000,000 | 21,000,000 | 22,000,000 | 21,000,000 | 74,000,000 | 22,000,000 |
| brokerage fees | 14,000,000 | 14,000,000 | 14,000,000 | 13,000,000 | 14,000,000 | 10,000,000 | 8,000,000 | 6,000,000 | 8,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 6,000,000 | 6,000,000 | 13,000,000 | 6,000,000 |
| letter of credit fees | 10,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 10,000,000 | 9,000,000 | 11,000,000 | 11,000,000 | 53,000,000 | 18,000,000 |
| bank-owned life insurance | 9,000,000 | 9,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 12,000,000 | 14,000,000 | 10,000,000 | 10,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 9,000,000 | 11,000,000 | 12,000,000 | 9,000,000 | 12,000,000 | 10,000,000 | 11,000,000 | 11,000,000 | 9,000,000 | 10,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 31,000,000 | 8,000,000 |
| risk management hedging income | 5,000,000 | 7,000,000 | 9,000,000 | 7,000,000 | 17,000,000 | -25,000,000 | |||||||||||||||||||||||
| other noninterest income | 14,000,000 | 9,000,000 | 8,000,000 | 12,000,000 | 17,000,000 | 23,000,000 | -9,000,000 | 36,000,000 | 32,000,000 | 24,000,000 | 30,000,000 | 11,000,000 | 29,000,000 | 24,000,000 | 21,000,000 | 34,000,000 | 29,000,000 | 35,000,000 | 20,000,000 | 39,000,000 | 23,000,000 | 22,000,000 | 25,000,000 | 23,000,000 | 29,000,000 | 26,000,000 | 25,000,000 | 104,000,000 | 20,000,000 |
| total noninterest income | 274,000,000 | 254,000,000 | 250,000,000 | 277,000,000 | 291,000,000 | 236,000,000 | 198,000,000 | 295,000,000 | 303,000,000 | 282,000,000 | 278,000,000 | 278,000,000 | 289,000,000 | 280,000,000 | 284,000,000 | 265,000,000 | 252,000,000 | 247,000,000 | 237,000,000 | 266,000,000 | 256,000,000 | 250,000,000 | 238,000,000 | 250,000,000 | 234,000,000 | 285,000,000 | 275,000,000 | 624,000,000 | 194,000,000 |
| noninterest expenses | |||||||||||||||||||||||||||||
| salaries and benefits expense | 358,000,000 | 368,000,000 | 346,000,000 | 335,000,000 | 323,000,000 | 348,000,000 | 359,000,000 | 315,000,000 | 306,000,000 | 326,000,000 | 318,000,000 | 307,000,000 | 292,000,000 | 282,000,000 | 277,000,000 | 271,000,000 | 257,000,000 | 249,000,000 | 242,000,000 | 257,000,000 | 253,000,000 | 245,000,000 | 265,000,000 | 250,000,000 | 254,000,000 | 235,000,000 | 225,000,000 | ||
| outside processing fee expense | 67,000,000 | 64,000,000 | 68,000,000 | 69,000,000 | 68,000,000 | 68,000,000 | 70,000,000 | 75,000,000 | 68,000,000 | 64,000,000 | 63,000,000 | 64,000,000 | 66,000,000 | 65,000,000 | 71,000,000 | 65,000,000 | 58,000,000 | 62,000,000 | 57,000,000 | 70,000,000 | 66,000,000 | 65,000,000 | 63,000,000 | 65,000,000 | 65,000,000 | 99,000,000 | 92,000,000 | 84,000,000 | 23,000,000 |
| software expense | 48,000,000 | 48,000,000 | 46,000,000 | 46,000,000 | 45,000,000 | 44,000,000 | 44,000,000 | 44,000,000 | 43,000,000 | 40,000,000 | 41,000,000 | 40,000,000 | 38,000,000 | 40,000,000 | 38,000,000 | 39,000,000 | 39,000,000 | 39,000,000 | 37,000,000 | 30,000,000 | 30,000,000 | 28,000,000 | 29,000,000 | 30,000,000 | 32,000,000 | 31,000,000 | 35,000,000 | 68,000,000 | 22,000,000 |
| occupancy expense | 46,000,000 | 46,000,000 | 47,000,000 | 46,000,000 | 44,000,000 | 44,000,000 | 45,000,000 | 44,000,000 | 41,000,000 | 41,000,000 | 53,000,000 | 44,000,000 | 44,000,000 | 40,000,000 | 38,000,000 | 42,000,000 | 40,000,000 | 37,000,000 | 37,000,000 | 41,000,000 | 39,000,000 | ||||||||
| equipment expense | 13,000,000 | 13,000,000 | 14,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 14,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 14,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 14,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 48,000,000 | 17,000,000 |
| fdic insurance expense | 11,000,000 | 14,000,000 | 10,000,000 | 11,000,000 | 19,000,000 | 36,000,000 | 132,000,000 | 19,000,000 | 16,000,000 | 13,000,000 | 7,000,000 | 8,000,000 | 5,000,000 | 4,000,000 | 7,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 11,000,000 | 13,000,000 | 13,000,000 | 21,000,000 | 17,000,000 |
| advertising expense | 11,000,000 | 8,000,000 | 11,000,000 | 10,000,000 | 12,000,000 | 8,000,000 | 10,000,000 | 12,000,000 | 10,000,000 | 8,000,000 | 14,000,000 | 9,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 11,000,000 | 9,000,000 | 8,000,000 | 7,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 5,000,000 | 8,000,000 | 8,000,000 | 9,000,000 | 8,000,000 | ||
| other noninterest expenses | 7,000,000 | 23,000,000 | 45,000,000 | 32,000,000 | 31,000,000 | 43,000,000 | 44,000,000 | 34,000,000 | 39,000,000 | 47,000,000 | 31,000,000 | 18,000,000 | 19,000,000 | 11,000,000 | 10,000,000 | 23,000,000 | 23,000,000 | 25,000,000 | 25,000,000 | 24,000,000 | 18,000,000 | 22,000,000 | 17,000,000 | 22,000,000 | 20,000,000 | 32,000,000 | 33,000,000 | 164,000,000 | 41,000,000 |
| total noninterest expenses | 561,000,000 | 584,000,000 | 587,000,000 | 562,000,000 | 555,000,000 | 603,000,000 | 718,000,000 | 555,000,000 | 535,000,000 | 551,000,000 | 541,000,000 | 502,000,000 | 486,000,000 | 465,000,000 | 463,000,000 | 473,000,000 | 446,000,000 | 440,000,000 | 425,000,000 | 451,000,000 | 435,000,000 | 424,000,000 | 433,000,000 | 448,000,000 | 452,000,000 | 483,000,000 | 463,000,000 | 1,353,000,000 | 404,000,000 |
| income before income taxes | 244,000,000 | 225,000,000 | 217,000,000 | 235,000,000 | 269,000,000 | 167,000,000 | 52,000,000 | 327,000,000 | 356,000,000 | 409,000,000 | 446,000,000 | 455,000,000 | 289,000,000 | 332,000,000 | 421,000,000 | 278,000,000 | 259,000,000 | 140,000,000 | -86,000,000 | 351,000,000 | 372,000,000 | 385,000,000 | 424,000,000 | 400,000,000 | 381,000,000 | 330,000,000 | 334,000,000 | ||
| benefit from income taxes | 45,000,000 | 53,000,000 | 47,000,000 | 51,000,000 | 63,000,000 | 29,000,000 | 19,000,000 | 76,000,000 | 83,000,000 | 85,000,000 | 96,000,000 | 104,000,000 | 61,000,000 | 70,000,000 | 93,000,000 | 63,000,000 | 48,000,000 | 27,000,000 | 82,000,000 | 80,000,000 | 87,000,000 | 85,000,000 | 90,000,000 | 63,000,000 | 218,000,000 | 108,000,000 | |||
| net income | 199,000,000 | 172,000,000 | 170,000,000 | 184,000,000 | 206,000,000 | 138,000,000 | 33,000,000 | 251,000,000 | 273,000,000 | 324,000,000 | 350,000,000 | 351,000,000 | 228,000,000 | 262,000,000 | 328,000,000 | 215,000,000 | 211,000,000 | 113,000,000 | -65,000,000 | 269,000,000 | 292,000,000 | 298,000,000 | 339,000,000 | 310,000,000 | 318,000,000 | 112,000,000 | 226,000,000 | 469,000,000 | 52,000,000 |
| yoy | -3.40% | 24.64% | 415.15% | -26.69% | -24.54% | -57.41% | -90.57% | -28.49% | 19.74% | 23.66% | 6.71% | 63.26% | 8.06% | 131.86% | -604.62% | -20.07% | -27.74% | -62.08% | -119.17% | -13.23% | -8.18% | 166.07% | 50.00% | -33.90% | 511.54% | ||||
| qoq | 15.70% | 1.18% | -7.61% | -10.68% | 49.28% | 318.18% | -86.85% | -8.06% | -15.74% | -7.43% | -0.28% | 53.95% | -12.98% | -20.12% | 52.56% | 1.90% | 86.73% | -273.85% | -124.16% | -7.88% | -2.01% | -12.09% | 9.35% | -2.52% | 183.93% | -50.44% | -51.81% | 801.92% | |
| net income margin % | |||||||||||||||||||||||||||||
| less: | |||||||||||||||||||||||||||||
| income allocated to participating securities | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | ||||||||||||||
| preferred stock dividends and other | 11,000,000 | ||||||||||||||||||||||||||||
| net income attributable to common shares | 187,000,000 | 165,000,000 | 163,000,000 | 177,000,000 | 200,000,000 | 131,000,000 | 27,000,000 | 244,000,000 | 266,000,000 | 317,000,000 | 342,000,000 | 343,000,000 | 221,000,000 | 255,000,000 | 321,000,000 | 209,000,000 | 203,000,000 | 112,000,000 | -65,000,000 | 337,000,000 | 308,000,000 | 316,000,000 | 112,000,000 | 224,000,000 | 586,000,000 | -71,000,000 | |||
| earnings per common share: | |||||||||||||||||||||||||||||
| basic | 1,430,000 | 1,260,000 | 1,230,000 | 1,340,000 | 1,500,000 | 990,000 | 200,000 | 1,850,000 | 2,020,000 | 2,410,000 | 2,600,000 | 2,630,000 | 1,700,000 | 1,920,000 | 2,350,000 | 1,500,000 | 1,450,000 | 810,000 | 2,140,000 | 1,900,000 | 1,890,000 | 650,000 | 1,290,000 | ||||||
| diluted | 1,420,000 | 1,250,000 | 1,220,000 | 1,330,000 | 1,490,000 | 980,000 | 200,000 | 1,840,000 | 2,010,000 | 2,390,000 | 2,590,000 | 2,600,000 | 1,680,000 | 1,900,000 | 2,320,000 | 1,490,000 | 1,440,000 | 800,000 | 2,110,000 | 1,880,000 | 1,860,000 | 640,000 | 1,260,000 | ||||||
| comprehensive income | 395,000,000 | 638,000,000 | 305,250,000 | 1,292,000,000 | 200,000,000 | -271,000,000 | 12,500,000 | -533,000,000 | -312,000,000 | 895,000,000 | -643,500,000 | -1,282,000,000 | 167,250,000 | 175,000,000 | 313,000,000 | 152,500,000 | 169,000,000 | 97,000,000 | 344,000,000 | 300.5 | 338 | 429 | 435,000,000 | 191,000,000 | 296,000,000 | 163,750,000 | 228,000,000 | ||
| cash dividends declared on common stock | 93,000,000 | 93,000,000 | 93,000,000 | 94,000,000 | 95,000,000 | 94,000,000 | 93,000,000 | 94,000,000 | 94,000,000 | 94,000,000 | 89,000,000 | 89,000,000 | 89,000,000 | 89,000,000 | 92,000,000 | 94,000,000 | 94,000,000 | 98,000,000 | 94,000,000 | 105,000,000 | 99,000,000 | 100,000,000 | 52,000,000 | 53,000,000 | 97,000,000 | 9,000,000 | |||
| cash dividends declared per common share | 710,000 | 710,000 | 710,000 | 710,000 | 710,000 | 710,000 | 710,000 | 710,000 | 710,000 | 710,000 | 680,000 | 680,000 | 680,000 | 680,000 | 680,000 | 680,000 | 680,000 | 680,000 | 680,000 | 670,000 | 600,000 | 600,000 | 300,000 | 300,000 | 500,000 | 50,000 | |||
| preferred stock dividends | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 8,000,000 | 30,750,000 | 123,000,000 | |||||||||||
| derivative income | 23,000,000 | 35,000,000 | 27,000,000 | 20,000,000 | 22,000,000 | ||||||||||||||||||||||||
| net securities gains | 1,000,000 | -8,000,000 | 10,000,000 | 2,000,000 | |||||||||||||||||||||||||
| foreign exchange income | 11,000,000 | 9,000,000 | 9,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 28,000,000 | 10,000,000 | |||||||||||||||
| net securities losses | -1,000,000 | 1,000,000 | -20,000,000 | -1,000,000 | |||||||||||||||||||||||||
| less income allocated to participating securities | 1,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | |||||||||||||||||||||
| benefit for income taxes | -21,000,000 | ||||||||||||||||||||||||||||
| (losses) earnings per common share: | |||||||||||||||||||||||||||||
| basic | -460,000 | ||||||||||||||||||||||||||||
| diluted | -460,000 | ||||||||||||||||||||||||||||
| restructuring charges | 14,000,000 | 12,000,000 | 13,000,000 | 7,000,000 | |||||||||||||||||||||||||
| net income attributable to shares | 231,000,000 | 290,000,000 | 297,000,000 | ||||||||||||||||||||||||||
| earnings per share: | |||||||||||||||||||||||||||||
| basic | 1.52 | 1.98 | 1.95 | ||||||||||||||||||||||||||
| diluted | 1.505 | 1.96 | 1.94 | ||||||||||||||||||||||||||
| cash dividends declared on stock | 75.5 | 97 | 100 | ||||||||||||||||||||||||||
| cash dividends declared per share | 0.503 | 0.67 | 0.67 | ||||||||||||||||||||||||||
| net occupancy expense | 37,000,000 | 37,000,000 | 39,000,000 | 38,000,000 | 40,000,000 | 38,000,000 | 121,000,000 | 42,000,000 | |||||||||||||||||||||
| litigation-related expense | |||||||||||||||||||||||||||||
| benefit from loan losses | 43,750,000 | 175,000,000 | |||||||||||||||||||||||||||
| net interest income after benefit from loan losses | 60,000,000 | 240,000,000 | |||||||||||||||||||||||||||
| salaries | 609,000,000 | 169,000,000 | |||||||||||||||||||||||||||
| employee benefits | 196,000,000 | 44,000,000 | |||||||||||||||||||||||||||
| total salaries and employee benefits | 805,000,000 | 213,000,000 | |||||||||||||||||||||||||||
| other real estate expense | -3,000,000 | 12,000,000 | |||||||||||||||||||||||||||
| legal fees | 2,250,000 | 9,000,000 | |||||||||||||||||||||||||||
| litigation and operational losses | 250,000 | 1,000,000 | |||||||||||||||||||||||||||
| benefit from credit losses on lending-related commitments | 1,750,000 | 7,000,000 | |||||||||||||||||||||||||||
| income from continuing operations before income taxes | 680,000,000 | 30,000,000 | |||||||||||||||||||||||||||
| income from continuing operations | 486,000,000 | 35,000,000 | |||||||||||||||||||||||||||
| income from discontinued operations, net of tax | 4,250,000 | 17,000,000 | |||||||||||||||||||||||||||
| basic earnings per common share: | |||||||||||||||||||||||||||||
| diluted earnings per common share: |
We provide you with 20 years income statements for Comerica stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Comerica stock. Explore the full financial landscape of Comerica stock with our expertly curated income statements.
The information provided in this report about Comerica stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.