Call reports 2024
COMERICA BANK — 2024
What COMERICA BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 79,513,000,000 | 79,611,000,000 | 79,753,000,000 | 79,332,000,000 |
| Total loans | 51,011,000,000 | 52,069,000,000 | 50,722,000,000 | 50,758,000,000 |
| Allowance for loan losses | 691,000,000 | 686,000,000 | 686,000,000 | 690,000,000 |
| Securities available for sale | 16,209,000,000 | 15,619,000,000 | 15,850,000,000 | 15,008,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 591,000,000 | 481,000,000 | 481,000,000 | 292,000,000 |
| Total deposits | 64,859,000,000 | 63,611,000,000 | 64,250,000,000 | 64,863,000,000 |
| Interest-bearing deposits | 38,763,000,000 | 38,838,000,000 | 40,059,000,000 | 40,251,000,000 |
| Noninterest-bearing deposits | 26,096,000,000 | 24,773,000,000 | 24,191,000,000 | 24,612,000,000 |
| Equity capital | 5,444,000,000 | 5,652,000,000 | 6,954,000,000 | 6,133,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,024,000,000 | 2,000,000,000 | 2,984,000,000 | 3,954,000,000 |
| Interest expense | 448,000,000 | 870,000,000 | 1,302,000,000 | 1,681,000,000 |
| Net interest income | 576,000,000 | 1,130,000,000 | 1,682,000,000 | 2,273,000,000 |
| Noninterest income | 222,000,000 | 501,000,000 | 771,000,000 | 1,055,000,000 |
| Noninterest expense | 599,000,000 | 1,154,000,000 | 1,715,000,000 | 2,313,000,000 |
| Provision for loan losses | 17,000,000 | 23,000,000 | 34,000,000 | 54,000,000 |
| Pretax income | 185,000,000 | 464,000,000 | 711,000,000 | 947,000,000 |
| Income tax | 32,000,000 | 96,000,000 | 149,000,000 | 200,000,000 |
| Net income | 153,000,000 | 368,000,000 | 562,000,000 | 747,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,157,000,000 | 8,369,000,000 | 8,562,000,000 | 8,547,000,000 |
| Total capital | 9,512,000,000 | 9,713,000,000 | 9,809,000,000 | 9,799,000,000 |
| Risk-weighted assets | 73,712,400,000 | 74,226,500,000 | 72,475,060,000 | 72,833,360,000 |