CMA · As filed with the SEC
Comerica income statement, by quarter
The statement as Comerica presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements Of Comprehensive Income (unaudited) · USD millions, except per-share amounts
| USD millions, except per-share amounts | Q3 2025 3 months ended Sep 30, 2025 | Q2 2025 3 months ended Jun 30, 2025 | Q1 2025 3 months ended Mar 31, 2025 | Q4 2024† 3 months ended Dec 31, 2024 | Q3 2024 3 months ended Sep 30, 2024 | Q2 2024† 3 months ended Jun 30, 2024 | Q1 2024 3 months ended Mar 31, 2024 | Q4 2023† 3 months ended Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| INTEREST INCOME | ||||||||
| Interest and fees on loans | 779 | 771 | 759 | 795† | 798 | 803 | 808 | 849† |
| Interest on investment securities | 105 | 107 | 109 | 100† | 99 | 101 | 102 | 104† |
| Interest on short-term investments | 62 | 53 | 56 | 72† | 85 | 67 | 109 | 96† |
| Total interest income | 946 | 931 | 924 | 967† | 982 | 971 | 1,019 | 1,049† |
| INTEREST EXPENSE | ||||||||
| Interest on deposits | 280 | 256 | 252 | 286† | 330 | 305 | 317 | 302† |
| Interest on short-term borrowings | 11 | 15 | 2 | 1† | 1 | 9 | 37 | 58† |
| Interest on medium- and long-term debt | 81 | 85 | 95 | 105† | 117 | 124 | 117 | 105† |
| Total interest expense | — | — | — | — | — | 438 | 471 | 465† |
| Total interest expense | 372 | 356 | 349 | 392† | 448 | 438† | — | 465† |
| Net interest income | 574 | 575 | 575 | 575† | 534 | 533 | 548 | 584† |
| Provision for credit losses | 22 | 44 | 20 | 21† | 14 | 0 | 14 | 12† |
| Net interest income after provision for credit losses | 552 | 531 | 555 | 554† | 520 | 533 | 534 | 572† |
| NONINTEREST INCOME | ||||||||
| Card fees | 57 | 59 | 59 | 62† | 64 | 64 | 66 | 68† |
| Fiduciary income | 51 | 57 | 52 | 54† | 57 | 58 | 51 | 56† |
| Service charges on deposit accounts | 47 | 47 | 46 | 47† | 46 | 46 | 45 | 45† |
| Capital markets income | 37 | 42 | 31 | — | 39 | 37 | 30 | 34† |
| Commercial lending fees | 17 | 17 | 16 | 18† | 17 | 17 | 16 | 17† |
| Brokerage fees | 14 | 14 | 14 | 14† | 13 | 14 | 10 | 8† |
| Letter of credit fees | 13 | 9 | 9 | 11† | 12 | 11 | 10 | 10† |
| Bank-owned life insurance | — | 10 | 11 | 10† | 10 | 10 | 10 | 11† |
| Bank-owned life insurance | 10 | — | — | — | — | — | — | — |
| Risk management hedging income (loss) | 4 | 5 | 7 | 9† | 7 | 17 | (25) | (74)† |
| Other noninterest income | 14 | 14 | 9 | 8† | 12 | 17 | 23 | 23† |
| Total noninterest income | 264 | 274 | 254 | 250† | 277 | 291 | 236 | 198† |
| NONINTEREST EXPENSES | ||||||||
| Salaries and benefits expense | 353 | 358 | 368 | 346† | 335 | 323 | 348 | 359† |
| Outside processing fee expense | 69 | 67 | 64 | 68† | 69 | 68 | 68 | 70† |
| Software expense | 50 | 48 | 48 | 46† | 46 | 45 | 44 | 44† |
| Occupancy expense | 48 | 46 | 46 | 47† | 46 | 44 | 44 | 45† |
| Equipment expense | 13 | 13 | 13 | 14† | 13 | 13 | 12 | 14† |
| FDIC insurance expense | 10 | 11 | 14 | 10† | 11 | 19 | 36 | 132† |
| Advertising expense | 10 | 11 | 8 | 11† | 10 | 12 | 8 | 10† |
| Other noninterest expenses | 36 | 7 | 23 | 45† | 32 | 31 | 43 | 44† |
| Total noninterest expenses | 589 | 561 | 584 | 587† | 562 | 555 | 603 | 718† |
| Income before income taxes | 227 | 244 | 225 | 217† | 235 | 269 | 167 | 52† |
| Provision for income taxes | 51 | 45 | 53 | 47† | 51 | 63 | 29 | 19† |
| NET INCOME | 176 | 199 | 172 | 170† | 184 | 206 | 138 | 33† |
| Less: | ||||||||
| Income allocated to participating securities | 1 | 1 | 1 | 1† | 1 | 1 | 1 | 0† |
| Preferred stock dividends and other | 0 | 11 | 6 | — | 6 | 5 | 6 | — |
| Net income attributable to common shares | 175 | 187 | 165 | 163† | 177 | 200 | 131 | 27† |
| Earnings per common share: | ||||||||
| Basic (in dollars per share) | 1.36 | 1.43 | 1.26 | — | 1.34 | 1.50 | 0.99 | — |
| Diluted (in dollars per share) | 1.35 | 1.42 | 1.25 | — | 1.33 | 1.49 | 0.98 | — |
| Comprehensive income | 414 | 395 | 638 | — | 1,292 | 200 | (271) | — |
| Cash dividends declared on common stock | 91 | 93 | 93 | 93† | 94 | 95 | 94 | 93† |
| Cash dividends declared per common share (in dollars per share) | 0.71 | 0.71 | 0.71 | — | 0.71 | 0.71 | 0.71 | — |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.