Comerica Inc Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 1,082.00M478.00M144.00M79.00M46.00M27.00M147.00M248.00M74.00M-1.00M74.00M537.00M-384.00M60.00M89.00M49.00M
Revenue 113.00M144.00M440.00M621.00M615.00M510.00M566.00M691.00M1,062.00M1,376.00M1,473.00M2,912.00M2,967.00M3,534.00M3,592.00M3,244.00M
Interest income
Interest income - Loans 1,767.00M1,617.00M1,564.00M1,617.00M1,556.00M1,525.00M1,551.00M1,635.00M1,872.00M2,262.00M2,439.00M1,773.00M1,594.00M2,153.00M3,340.00M3,204.00M
Interest income - Investments 4.00M17.00M29.00M26.00M
Interest Income - Debt Securities 329.00M226.00M233.00M234.00M214.00M211.00M216.00M247.00M250.00M265.00M297.00M291.00M280.00M414.00M430.00M402.00M
Other interest income 9.00M10.00M12.00M12.00M14.00M14.00M17.00M27.00M60.00M92.00M71.00M29.00M27.00M105.00M405.00M333.00M
Interest Income - Total 2,105.00M1,853.00M1,809.00M1,863.00M1,784.00M1,750.00M1,784.00M1,909.00M2,182.00M2,619.00M2,807.00M2,093.00M1,901.00M2,672.00M4,175.00M3,939.00M
Interest expenses
Interest Expense - Deposits 372.00M115.00M90.00M70.00M55.00M45.00M43.00M40.00M42.00M122.00M262.00M101.00M22.00M102.00M892.00M1,238.00M
Interest Expense - Debt 164.00M91.00M66.00M65.00M57.00M50.00M52.00M72.00M76.00M144.00M197.00M80.00M35.00M87.00M391.00M463.00M
Interest Expenses 538.00M207.00M156.00M135.00M112.00M95.00M95.00M112.00M121.00M267.00M468.00M182.00M57.00M206.00M1,661.00M1,749.00M
Interest Income - Net 1,567.00M1,646.00M1,653.00M1,728.00M1,672.00M1,655.00M1,689.00M1,797.00M2,061.00M2,352.00M2,339.00M1,911.00M1,844.00M2,466.00M2,514.00M2,190.00M
Non-interest income
Interest Income - Total 485.00M1,168.00M1,509.00M1,649.00M1,626.00M1,628.00M1,542.00M1,549.00M1,987.00M2,353.00M2,265.00M1,374.00M2,228.00M2,406.00M2,425.00M2,141.00M
Financial Services Fees 31.00M25.00M22.00M19.00M17.00M17.00M17.00M19.00M23.00M27.00M28.00M21.00M14.00M21.00M30.00M51.00M
Service Charges 228.00M208.00M208.00M214.00M214.00M215.00M223.00M219.00M227.00M211.00M203.00M185.00M195.00M195.00M185.00M184.00M
Investment Gain (Loss) 243.00M3.00M14.00M12.00M-1.00M-2.00M-19.00M-7.00M1.00M-19.00M
Income - Trust 161.00M154.00M151.00M158.00M171.00M180.00M187.00M190.00M198.00M206.00M206.00M209.00M231.00M233.00M235.00M220.00M
Card Income 51.00M58.00M77.00M65.00M86.00M81.00M276.00M303.00M333.00M244.00M257.00M270.00M298.00M273.00M280.00M256.00M
Other Non-Interest Income 895.00M91.00M83.00M158.00M156.00M130.00M102.00M97.00M108.00M96.00M77.00M91.00M88.00M47.00M180.00M76.00M
Non-Interest Income 1,050.00M789.00M792.00M870.00M882.00M857.00M1,035.00M1,051.00M1,107.00M976.00M1,010.00M1,001.00M1,123.00M1,068.00M1,078.00M1,054.00M
Operating Items
Depreciation & Amortization - Total 62.00M63.00M66.00M65.00M60.00M57.00M53.00M53.00M45.00M48.00M50.00M49.00M50.00M50.00M50.00M52.00M
Wages, Salaries and Other 897.00M919.00M975.00M1,018.00M1,009.00M980.00M1,009.00M989.00M961.00M1,009.00M1,020.00M1,019.00M1,133.00M1,208.00M1,306.00M1,352.00M
Rent Expense 162.00M162.00M169.00M163.00M160.00M171.00M159.00M157.00M154.00M152.00M154.00M156.00M161.00M175.00M171.00M181.00M
Restructuring Costs 75.00M35.00M93.00M45.00M53.00M
Other Operating Expenses 1,426.00M1,417.00M1,461.00M1,494.00M1,502.00M1,387.00M1,615.00M1,627.00M1,616.00M1,541.00M1,533.00M1,549.00M1,650.00M1,773.00M2,138.00M2,074.00M
Operating Expenses 1,650.00M1,642.00M1,771.00M1,757.00M1,722.00M1,615.00M1,827.00M1,930.00M1,860.00M1,794.00M1,737.00M1,754.00M1,861.00M1,998.00M2,359.00M2,307.00M
Operating Income -40.00M110.00M
EBIT -40.00M110.00M686.00M897.00M898.00M965.00M845.00M782.00M1,355.00M1,802.00M-1070.00M803.00M1,547.00M1,682.00M2,805.00M2,637.00M
Non-operating items
Other Non Operating Income 40.00M40.00M42.00M45.00M47.00M76.00M67.00M99.00M154.00M147.00M142.00M
Net income details
EBT -115.00M315.00M530.00M762.00M786.00M870.00M750.00M670.00M1,234.00M1,535.00M-1538.00M621.00M1,490.00M1,476.00M1,144.00M888.00M
Tax Provisions -131.00M55.00M137.00M241.00M245.00M277.00M229.00M193.00M491.00M300.00M336.00M124.00M322.00M325.00M263.00M190.00M
Profit After Tax 17.00M277.00M393.00M521.00M541.00M593.00M521.00M477.00M743.00M1,235.00M1,202.00M497.00M1,168.00M1,151.00M881.00M698.00M
Equity Income 44.00M302.00M168.00M85.00M108.00M260.00M130.00M-7.00M-113.00M106.00M-6.00M
Income from Continuing Operations 16.00M260.00M393.00M521.00M541.00M593.00M521.00M477.00M743.00M1,235.00M-1874.00M497.00M1,168.00M1,151.00M881.00M698.00M
Consolidated Net Income 1.00M17.00M393.00M521.00M541.00M593.00M521.00M477.00M743.00M1,235.00M-1874.00M497.00M1,168.00M1,151.00M881.00M698.00M
Income towards Parent Company 1.00M17.00M393.00M521.00M541.00M593.00M521.00M477.00M743.00M1,235.00M-1874.00M497.00M1,168.00M1,151.00M881.00M698.00M
Preferred Dividend Payments 1.00M1.00M4.00M6.00M8.00M7.00M6.00M4.00M5.00M8.00M7.00M13.00M23.00M23.00M23.00M23.00M
Net Income towards Common Stockholders -118.00M153.00M389.00M515.00M533.00M586.00M515.00M473.00M738.00M1,227.00M1,195.00M482.00M1,140.00M1,122.00M854.00M671.00M
Additional items
EPS (Basic) -0.800.901.962.712.913.282.932.744.237.317.983.458.458.566.475.06
EPS (Weighted Average and Diluted) -0.800.883.162.842.684.147.207.903.438.358.476.445.02
Shares Outstanding (Weighted Average) 151.12M176.49M198.68M190.34M182.91M179.69M176.73M172.26M173.92M161.70M144.15M
Tax Rate 17.46%25.85%31.63%31.17%31.84%30.53%28.81%39.79%19.54%19.97%21.61%22.02%22.99%21.40%