Comerica Inc. (CMA) reported first-quarter net income attributable to common shares of $132 million or $0.70 per share, up from $129 million or $0.66 per share in the same quarter of last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.68 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income for the quarter declined to $416 million from $442 million in the prior year quarter. Total non-interest income was $200 million, down from $206 million in year ago quarter.
For full-year 2013, the company expects continued growth in average loans at a slower pace, with economic uncertainty impacting demand and a continued focus on maintaining pricing and structure discipline in a competitive environment.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.