What's Going On With Comerica Shares Today

Net interest income rose to $621 million from $561 million a year ago, with net interest margin rising to 2.93% from 2.70%.

EPS of $2.01 beat the consensus of $1.86.

Average loans increased to $55.4 billion from $50.0 billion on broad-based growth in most lines of business. 

Average deposits declined to $64.3 billion from $77.6 billion on lower noninterest-bearing deposits.

Provision for credit losses increased to $33 million from $10 million a year ago.

CET1 capital ratio stood at 10.31% vs. 9.72% a year ago.

Total liquidity stood at $42.9 billion, at the end of the quarter. 

Price Action: CMA shares are trading lower by 1.44% at $52.17 on the last check Friday.

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