Comerica Incorporated (0I1P.L)

Financial Services | Banks
Income Statement (Quarterly) 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Revenue 1,210,000,000 1,205,000,000 1,178,000,000 1,217,000,000
Cost of Revenue 394,000,000 400,000,000 369,000,000 413,000,000
Gross Profit 816,000,000 805,000,000 809,000,000 804,000,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 373,000,000 380,000,000 390,000,000 354,000,000
Operating Expenses 589,000,000 561,000,000 584,000,000 587,000,000
Operating Income 227,000,000 244,000,000 225,000,000 217,000,000
Interest Expense 372,000,000 356,000,000 349,000,000 392,000,000
Income Before Tax 227,000,000 244,000,000 225,000,000 217,000,000
Income Tax Expense 51,000,000 45,000,000 53,000,000 47,000,000
Net Income 176,000,000 199,000,000 172,000,000 170,000,000
Per Share
EPS 1.36 1.43 1.25 1.23
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Revenue 4,993,000,000 5,253,000,000 3,631,000,000
Cost of Revenue 1,798,000,000 1,750,000,000 157,000,000
Gross Profit 3,195,000,000 3,503,000,000 3,474,000,000
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 1,456,000,000 1,417,000,000 1,883,000,000
Operating Expenses 2,307,000,000 2,359,000,000 548,000,000
Operating Income 888,000,000 1,144,000,000 1,524,000,000
Interest Expense 1,749,000,000 1,661,000,000 101,000,000
Income Before Tax 888,000,000 1,144,000,000 1,476,000,000
Income Tax Expense 190,000,000 263,000,000 325,000,000
Net Income 698,000,000 881,000,000 1,145,000,000
Per Share
EPS 5.06 6.47 8.74
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 6,804,000,000 9,502,000,000 6,282,000,000
Short Term Investments 7,375,000,000 17,268,000,000 0
Net Receivables 709,000,000 795,000,000 0
Inventory 0 0 0
Total Current Assets 14,888,000,000 27,565,000,000 6,750,000,000
Property Plant Equipment 473,000,000 445,000,000 738,000,000
Goodwill and Intangibles 837,000,000 635,000,000 644,000,000
Total Assets 79,297,000,000 85,834,000,000 85,406,000,000
Liabilities
Account Payables 0 0 0
Short Term Debt 0 3,565,000,000 3,274,000,000
Total Current Liabilities 63,811,000,000 73,222,000,000 43,255,000,000
Long Term Debt 6,673,000,000 6,206,000,000 3,024,000,000
Total Liabilities 72,754,000,000 79,428,000,000 80,225,000,000
Shareholders Equity
Retained Earnings 12,017,000,000 11,727,000,000 11,258,000,000
Total Shareholders Equity 6,543,000,000 6,406,000,000 5,181,000,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 6,804,000,000 9,502,000,000 6,282,000,000
Short Term Investments 7,375,000,000 17,268,000,000 0
Net Receivables 709,000,000 795,000,000 0
Inventory 0 0 0
Total Current Assets 14,888,000,000 27,565,000,000 6,750,000,000
Property Plant Equipment 473,000,000 445,000,000 738,000,000
Goodwill and Intangibles 837,000,000 635,000,000 644,000,000
Total Assets 79,297,000,000 85,834,000,000 85,406,000,000
Liabilities
Account Payables 0 0 0
Short Term Debt 0 3,565,000,000 3,274,000,000
Total Current Liabilities 63,811,000,000 73,222,000,000 43,255,000,000
Long Term Debt 6,673,000,000 6,206,000,000 3,024,000,000
Total Liabilities 72,754,000,000 79,428,000,000 80,225,000,000
Shareholders Equity
Retained Earnings 12,017,000,000 11,727,000,000 11,258,000,000
Total Shareholders Equity 6,543,000,000 6,406,000,000 5,181,000,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 698,000,000 881,000,000 1,145,000,000
Depreciation & Amortization 96,000,000 87,000,000 92,000,000
Stock Based Compensation 54,000,000 52,000,000 60,000,000
Change in Working Capital -257,000,000 278,000,000 -635,000,000
Operating Cash Flow 601,000,000 1,251,000,000 638,000,000
Investing Activities
Capital Expenditure -153,000,000 -153,000,000 -82,000,000
Investments -153,000,000 -153,000,000 -82,000,000
Investing Cash Flow 3,261,000,000 3,494,000,000 -9,952,000,000
Financing Activities
Debt Repayment -3,065,000,000 3,504,000,000 -3,711,000,000
Common Stock Issued/Repurchased -92,000,000 18,000,000 -15,000,000
Dividends Paid -400,000,000 -394,000,000 -376,000,000
Financing Cash Flow -6,560,000,000 -1,525,000,000 -7,083,000,000
Summary
Free Cash Flow 448,000,000 1,098,000,000 556,000,000
Net Change in Cash -2,698,000,000 3,220,000,000 -16,397,000,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 698,000,000 881,000,000 1,145,000,000
Depreciation & Amortization 96,000,000 87,000,000 92,000,000
Stock Based Compensation 54,000,000 52,000,000 60,000,000
Change in Working Capital -257,000,000 278,000,000 -635,000,000
Operating Cash Flow 601,000,000 1,251,000,000 638,000,000
Investing Activities
Capital Expenditure -153,000,000 -153,000,000 -82,000,000
Investments -153,000,000 -153,000,000 -82,000,000
Investing Cash Flow 3,261,000,000 3,494,000,000 -9,952,000,000
Financing Activities
Debt Repayment -3,065,000,000 3,504,000,000 -3,711,000,000
Common Stock Issued/Repurchased -92,000,000 18,000,000 -15,000,000
Dividends Paid -400,000,000 -394,000,000 -376,000,000
Financing Cash Flow -6,560,000,000 -1,525,000,000 -7,083,000,000
Summary
Free Cash Flow 448,000,000 1,098,000,000 556,000,000
Net Change in Cash -2,698,000,000 3,220,000,000 -16,397,000,000