Comerica(US:CMA) ZACKSยท2025-04-21 14:30Core Insights - Comerica Incorporated (CMA) reported revenue of $829 million for Q1 2025, reflecting a 5.7% increase year-over-year, but slightly below the Zacks Consensus Estimate of $831.98 million, resulting in a revenue surprise of -0.36% [1] - The company's EPS for the quarter was $1.25, down from $1.29 in the same quarter last year, but exceeded the consensus EPS estimate of $1.14, leading to an EPS surprise of +9.65% [1] Financial Performance Metrics - Efficiency Ratio was reported at 70.3%, better than the estimated 71.9% by analysts [4] - Net interest margin stood at 3.2%, matching the average estimate [4] - Net charge-offs (recoveries) to average total loans ratio was 0.2%, consistent with analyst estimates [4] - Average balance of total earning assets was $70.38 billion, below the estimated $71.18 billion [4] - Total nonperforming assets were $301 million, slightly better than the estimated $314.05 million [4] - Total nonperforming loans were also $301 million, compared to the estimated $317.08 million [4] - Total noninterest income was $254 million, lower than the estimated $266.25 million [4] - Net interest income was reported at $575 million, exceeding the estimated $566.88 million [4] - Service charges on deposit accounts were $46 million, in line with the average estimate [4] - Fiduciary income was $52 million, below the estimated $54.23 million [4] - Commercial lending fees were $16 million, slightly below the estimated $17.35 million [4] - Bank-owned life insurance income was $9 million, lower than the estimated $11.03 million [4] Stock Performance - Comerica's shares have returned -10.3% over the past month, compared to a -5.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]