DETROIT, Jul 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- Comerica Incorporated
(NYSE: CMA) today reported second quarter 2004 earnings of $192 million, or
$1.10 per diluted share, compared to $162 million, or $0.92 per diluted share,
for the first quarter 2004 and $170 million, or $0.97 per diluted share, for
the second quarter 2003.
(dollar amounts in millions) 2nd Qtr '04 1st Qtr '04 2nd Qtr '03
Diluted EPS $1.10 $0.92 $0.97
Net Interest Income $448 $445 $493
Net Interest Margin 3.77% 3.83% 3.98%
Provision for Loan Losses $20 $65 $111
Noninterest Income $228 $220 $226
Noninterest Expenses $372 $369 $360
Net Income $192 $162 $170
Return on Equity 15.35% 12.71% 13.51%
