COMERICA INCCMA

Market cap

$11.3B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Interest and fees on loans	1,617	1,564	1,617	1,556	1,525	1,551	1,635	1,872	2,262	2,439	1,773	1,594	2,153	3,340	3,204
Interest on investment securities	-	-	-	-	-	216	247	250	265	297	291	280	414	430	402
Interest on short-term investments	10	12	12	14	14	17	27	60	92	71	29	27	105	405	333
Total interest income	1,853	1,809	1,863	1,784	1,750	1,784	1,909	2,182	2,619	2,807	2,093	1,901	2,672	4,175	3,939
Interest on deposits	115	90	70	55	45	43	40	42	122	262	101	22	102	892	1,238
Interest on short-term borrowings	1	-	-	-	-	-	-	3	1	9	1	-	17	391	48
Interest Expense, Long-Term Debt	91	66	65	57	50	52	72	76	144	197	80	35	87	378	463
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,749
Net interest income	1,646	1,653	1,728	1,672	1,655	1,689	1,797	2,061	2,352	2,339	1,911	1,844	2,466	2,514	2,190
Provision for credit losses	-	-	79	46	27	147	248	74	-1	74	537	-384	60	89	49
Net interest income after provision for credit losses	1,166	1,500	1,649	1,626	1,628	1,542	1,549	1,987	2,353	2,265	1,374	2,228	2,406	2,425	2,141
Card fees	58	58	-	-	-	-	-	-	244	257	270	298	273	280	256
Fiduciary income	-	-	-	-	-	-	-	-	206	206	209	231	233	235	220
Service charges on deposit accounts	-	-	-	-	-	-	-	-	211	203	185	195	195	185	184
Capital markets income	-	-	-	-	-	-	-	-	-	-	40	99	109	-	142
Commercial lending fees	95	87	96	99	98	99	89	85	85	91	77	104	109	72	68
Brokerage fees	25	22	19	17	17	17	19	23	27	28	21	14	21	30	51
Bank-owned life insurance	40	37	39	40	39	40	42	43	39	41	44	43	47	46	44
Letter of credit fees	76	73	71	64	57	53	50	45	40	38	37	40	38	42	40
Risk management hedging (loss) income	-	-	-	-	-	-	-	-	-	-	-	-	-	-42	8
Net securities losses	-	-	-	-	-	-	-	-	-19	-7	-	-	-	-	-19
Other noninterest income	91	102	124	112	142	103	102	111	96	109	118	99	43	83	60
Total noninterest income	789	792	818	826	868	1,050	1,051	1,107	976	1,010	1,001	1,123	1,068	1,078	1,054
Labor and Related Expense	919	975	1,018	1,009	980	1,009	961	912	1,009	1,020	1,019	1,133	1,208	1,306	1,352
Outside processing fee expense	96	101	107	119	122	332	336	366	255	264	242	266	251	277	273
Occupancy, Net	162	169	163	160	171	159	157	154	152	154	156	161	175	171	181
Software expense	89	88	90	90	95	99	119	126	125	117	154	155	161	171	181
FDIC insurance expense	62	43	38	33	33	37	54	51	42	23	33	22	31	180	76
Equipment expense	63	66	65	60	57	53	53	45	48	50	49	50	50	50	52
Advertising expense	30	28	27	21	23	24	21	28	30	34	35	35	38	40	41
Other Noninterest Expense	146	144	205	176	173	161	135	135	80	81	96	39	84	164	151
Total noninterest expenses	1,640	1,762	1,757	1,722	1,626	1,842	1,930	1,860	1,794	1,743	1,784	1,861	1,998	2,359	2,307
Income before income taxes	315	530	710	730	870	750	670	1,234	1,535	1,500	591	-	1,476	1,144	888
Provision for income taxes	55	137	189	189	277	229	193	491	300	334	117	322	325	263	190
Net Income	277	393	521	541	593	521	477	743	1,235	1,198	474	1,168	1,151	881	698
Less income allocated to participating securities	-	-	-	-	7	6	4	5	8	7	2	5	6	4	4
Preferred stock dividends	-	-	-	-	-	-	-	-	-	-	13	23	23	23	23
Net income attributable to common shares	153	389	515	533	586	515	473	738	1,227	1,191	459	1,140	1,122	854	671
Earnings Per Share, Basic	0.9	2.11	2.68	2.92	3.28	2.93	2.74	4.23	7.31	7.95	3.29	8.45	8.56	6.47	5.06
Earnings Per Share, Diluted	0.88	2.09	2.67	2.85	3.16	2.84	2.68	4.14	7.2	7.87	3.27	8.35	8.47	6.44	5.02
Dividends, Common Stock, Cash	44	75	106	126	143	148	154	193	309	398	378	365	356	375	376
Cash dividends declared per common share	0.25	0.4	0.55	0.68	0.79	0.83	0.89	1.09	1.84	2.68	2.72	2.72	2.72	2.84	2.84