Comerica Incorporated (CMA) Financial Statements

Executive TeamFinancials
SegmentsShareholders

Comerica financial statements at a glance

Comerica reported revenue of $3.24 billion for fiscal year 2024 (ended December 31, 2024), down 9.7% from fiscal year 2023. Net income was $671.00 million, a net margin of 20.7%, and diluted earnings per share were $5.02.

At the end of fiscal year 2024 it had total assets of $79.30 billion, total liabilities of $72.75 billion and shareholders' equity of $6.54 billion, with cash of $6.80 billion and total debt of $6.67 billion.

Its operations brought in $601.00 million of cash; capital spending was $153.00 million, leaving free cash flow of $448.00 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

CMA logo

Comerica Incorporated

CMAUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Basic EPS
5.33
Prev Year: 5.06
YoY: +5.3%
Total Revenue
-
Prev Year: 3.24B
Diluted EPS
5.28
Prev Year: 5.02
YoY: +5.2%
Provision for Credit Losses
-
Prev Year: -49.00M
Weighted Average Shares (basic)
129.64M
Prev Year: 133.00M
YoY: -2.5%
Non Interest Expense
-
Prev Year: 2.29B
Weighted Average Shares (diluted)
131.01M
Prev Year: 134.00M
YoY: -2.2%
Special Income Charges
-
Prev Year: -13.00M
Income from Associates and Other Participating Interests
-
Values in USD

Comerica key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue–$3.2B$3.6B$3.5B$3.0B
Net income–$671.0M$854.0M$1.1B$1.1B
Diluted EPS$5.28$5.02$6.44$8.47$8.35
Total assets–$79.3B$85.8B$85.4B$94.6B
Total liabilities–$72.8B$79.4B$80.2B$86.7B
Shareholders' equity–$6.5B$6.4B$5.2B$7.9B
Cash–$6.8B$9.5B$6.3B$22.7B
Total debt–$6.7B$9.8B$6.2B$2.8B
Operating cash flow–$601.0M$1.3B$638.0M$634.0M
Capital spending–$153.0M$153.0M$82.0M$70.0M
Free cash flow–$448.0M$1.1B$556.0M$564.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Comerica's revenue in fiscal year 2024?

$3.24 billion, down 9.7% from $3.59 billion in fiscal year 2023.

How much profit does Comerica make?

Comerica reported net income of $671.00 million for fiscal year 2024 (20.7% of revenue).

How much cash and debt does Comerica have?

At the end of fiscal year 2024: cash of $6.80 billion and total debt of $6.67 billion.

What is Comerica's free cash flow?

$448.00 million in fiscal year 2024 (operating cash flow of $601.00 million minus capital spending of $153.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube