Comerica ( (CMA) ) has released its Q3 earnings. Here is a breakdown of the information Comerica presented to its investors.
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Comerica Incorporated, a Dallas-based financial services company, operates in the banking sector with a focus on commercial, retail, and wealth management services across the United States, Canada, and Mexico.
In its third-quarter earnings report for 2025, Comerica announced a net income of $176 million, or $1.35 per share. The company highlighted strong average deposit growth and a stable net interest income, despite a decline in noninterest income and an increase in noninterest expenses.
Key financial metrics for the quarter included a net interest income of $574 million and a net interest margin of 3.09%. The company reported an increase in average deposits to $62.7 billion and maintained a robust common equity Tier 1 capital ratio of 11.90%. Comerica also announced a significant merger agreement with Fifth Third Bancorp, expected to close by the end of the first quarter of 2026.
Despite the challenges, Comerica’s capital position remains strong, with $241 million returned to shareholders through dividends and share repurchases. The company also issued 400,000 shares of preferred stock, generating net proceeds of approximately $392 million.
Looking ahead, Comerica’s management remains optimistic about leveraging the merger with Fifth Third to enhance customer support and shareholder returns, while continuing to focus on strategic growth and maintaining a strong capital position.