Comerica(US:CMA) ZACKS·2025-07-18 14:30Core Insights - Comerica Incorporated (CMA) reported revenue of $849 million for the quarter ended June 2025, reflecting a 3% increase year-over-year, with EPS at $1.42, down from $1.53 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $844.72 million by 0.51%, while the EPS surpassed the consensus estimate of $1.23 by 15.45% [1] Financial Performance Metrics - Efficiency Ratio stood at 65.8%, better than the six-analyst average estimate of 70.1% [4] - Net interest margin was reported at 3.2%, slightly below the six-analyst average estimate of 3.3% [4] - Net charge-offs (recoveries) to average total loans were at 0.2%, matching the average estimate [4] - Average balance of total earning assets was $70.34 billion, close to the $70.4 billion average estimate [4] - Total nonperforming assets amounted to $249 million, significantly lower than the three-analyst average estimate of $306.34 million [4] - Total nonperforming loans were reported at $248 million, compared to the average estimate of $308.51 million [4] - Net interest income was $575 million, slightly below the average estimate of $576.45 million [4] - Total noninterest income reached $274 million, exceeding the six-analyst average estimate of $263.45 million [4] - Service charges on deposit accounts were $47 million, slightly above the average estimate of $46.96 million [4] - Commercial lending fees totaled $17 million, compared to the average estimate of $16.82 million [4] - Fiduciary income was reported at $57 million, above the average estimate of $54.69 million [4] - Letter of credit fees were $10 million, below the three-analyst average estimate of $11.94 million [4] Stock Performance - Comerica's shares have returned +11.8% over the past month, outperforming the Zacks S&P 500 composite's +5.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]