News Releases

Comerica Reports Second Quarter 2003 Earnings

DETROIT, Jul 16, 2003 /PRNewswire-FirstCall via COMTEX/ -- Comerica Incorporated
(NYSE: CMA) today reported second quarter 2003 earnings of $170 million, or
$0.97 per diluted share, compared with $157 million, or $0.88 per diluted
share, for the second quarter 2002.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )

2nd Qtr '03 1st Qtr '03 2nd Qtr '02
Diluted EPS $0.97 $1.00 $0.88
Net Interest Income (in millions) $493 $511 $531
Net Interest Margin 3.98% 4.30% 4.56%
Provision for Loan Losses (in millions) $111 $106 $170
Noninterest Income (in millions) $226 $220 $222
Noninterest Expense (in millions) $360 $367 $352
Net Income (in millions) $170 $176 $157
Return on Equity 13.51% 14.13% 12.83%