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Sep 30, 2025
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.
Revenue by Segment
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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