DETROIT, Oct 15, 2003 /PRNewswire-FirstCall via COMTEX/ -- Comerica Incorporated
(NYSE: CMA) today reported third quarter 2003 earnings of $157 million, or
$0.89 per diluted share, compared with $24 million, or $0.14 per diluted
share, for the third quarter 2002.
3rd Qtr '03 2nd Qtr '03 3rd Qtr '02
Diluted EPS $0.89 $0.97 $0.14
Net Interest Income
(in millions) $465 $493 $528
Net Interest Margin 3.70% 3.98% 4.46%
Provision for Loan Losses
(in millions) $83 $111 $275
Noninterest Income (in millions) $221 $226 $216
Noninterest Expense (in millions) $377 $360 $443
Net Income (in millions) $157 $170 $24
Return on Equity 12.55% 13.51% 1.93%
