Comerica Q4 2021 Earnings Report
Key Takeaways
Comerica Incorporated reported a net income of $228 million, or $1.66 per share, for the fourth quarter of 2021. The results reflect robust deposit growth, positive trends in the loan portfolio, strong credit quality, and active capital management.
Average deposits grew 19 percent, supporting solid loan performance.
Noninterest income growth was broad-based, increasing 12 percent to an all-time high.
Credit quality was excellent, and credit reserves were released.
Returned $1.1 billion to common shareholders through dividends and repurchases.
Comerica
Comerica
Forward Guidance
The company remains keenly focused on driving growth while maintaining expense discipline and investing in its businesses. Customers and colleagues have successfully navigated the challenges of the past two years and stand stronger and more confident about the future.