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Sep 30
Comerica Q3 2025 Earnings Report
Comerica posted a net income of $176 million and reported earnings per share of $1.35.
Key Takeaways
Comerica reported stable results in Q3 2025, with modest loan growth and increased deposits, though noninterest income declined and expenses rose. The company also announced a merger with Fifth Third.
Net income for the quarter was $176 million, or $1.35 per share.
Deposits rose to $62.7 billion, while average loans held steady at $50.8 billion.
Noninterest income declined to $264 million, primarily due to lower fiduciary and capital markets income.
Comerica announced an all-stock merger with Fifth Third, expected to close in Q1 2026.
Comerica
Comerica
Comerica Revenue by Segment
Revenue by Segment
Commercial Bank Revenue
CapyFin.comRetail Bank Revenue
CapyFin.comWealth Mgmt Revenue
CapyFin.comFinance & Other Revenue
CapyFin.com Forward Guidance
Comerica expects to focus on operational efficiency, stable capital ratios, and progressing its strategic merger with Fifth Third into 2026.
Positive Outlook
- Capital position remains strong with CET1 at 11.90%.
- Continued growth in average deposits.
- Strategic merger with Fifth Third offers expansion potential.
- Operational efficiency guided better than expectations.
- Preferred stock issuance added $392 million in capital.
Challenges Ahead
- Noninterest income showed decline, especially in fiduciary and capital markets areas.
- Net interest margin declined 7 basis points sequentially.
- Noninterest expenses rose due to litigation and consulting costs.
- Slight increase in nonperforming assets to $260 million.
- Credit charge-offs increased to $32 million from $28 million.