Comerica Incorporated (CMA)

Comerica Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	3,503	3,474	3,351	2,375	3,275
Revenue Growth (YoY)	0.83%	3.67%	41.09%	-27.48%	-1.62%
Gross Profit	3,503	3,474	3,351	2,375	3,275
Selling, General & Admin	1,527	1,433	1,344	1,224	1,224
Other Operating Expenses	832	565	517	530	513
Operating Expenses	2,359	1,998	1,861	1,754	1,737
Operating Income	1,144	1,476	1,490	621	1,538
Pretax Income	1,144	1,476	1,490	621	1,538
Income Tax	263	325	322	124	336
Net Income	881	1,151	1,168	497	1,202
Preferred Dividends	27	29	28	15	7
Net Income Common	854	1,122	1,140	482	1,195
Net Income Growth	-23.89%	-1.58%	136.51%	-59.67%	-2.61%
Shares Outstanding (Basic)	132	131	131	139	144
Shares Change	0.70%	-0.15%	-5.71%	-3.51%	-10.85%
EPS (Basic)	6.47	8.56	8.45	3.45	7.98
EPS (Diluted)	6.44	8.47	8.35	3.43	7.90
EPS Growth	-23.97%	1.44%	143.44%	-56.58%	9.72%
Free Cash Flow	1,098	556	564	849	1,004
Free Cash Flow Per Share	8.33	4.25	4.30	6.10	6.96
Dividend Per Share	2.840	2.720	2.720	2.720	2.680
Dividend Growth	4.41%	0%	0%	1.49%	45.65%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	32.66%	42.49%	44.46%	26.15%	46.96%
Profit Margin	24.38%	32.30%	34.02%	20.29%	36.49%
Free Cash Flow Margin	31.34%	16.00%	16.83%	35.75%	30.66%
Effective Tax Rate	22.99%	22.02%	21.61%	19.97%	21.85%
EBITDA	1,231	1,568	1,589	729	1,652
EBITDA Margin	35.14%	45.14%	47.42%	30.69%	50.44%
Depreciation & Amortization	87	92	99	108	114
EBIT	1,144	1,476	1,490	621	1,538
EBIT Margin	32.66%	42.49%	44.46%	26.15%	46.96%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).