Comerica(CMA) - 2024 Q1 - Quarterly Results

FIRST QUARTER 2024 NET INCOME OF $138 MILLION, $0.98 PER SHARE Successful Execution of Deposit and Liquidity Strategy Significant Reduction in Wholesale Funding Prudent Capital Management and Continued Strong Credit Quality “Today we reported first quarter earnings per share of $0.98,” said Curtis C. Farmer, Comerica Chairman and Chief Executive Officer. “Strategic rationalization efforts from 2023 and favorable pipeline trends position us for growth. Deposits outperformed normal seasonal patterns as we add ...