News Releases

Comerica Reports Fourth Quarter and 2003 Earnings

DETROIT, Jan. 15 /PRNewswire-FirstCall/ -- Comerica Incorporated
(NYSE: CMA) today reported fourth quarter 2003 earnings of $158 million, or
$0.89 per diluted share, compared to $206 million, or $1.18 per diluted share,
for the fourth quarter 2002.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )

(dollar amounts in millions) 4th Qtr '03 3rd Qtr '03 4th Qtr '02
Diluted EPS $0.89 $0.89 $1.18
Net Interest Income $457 $465 $533
Net Interest Margin 3.83% 3.70% 4.41%
Provision for Loan Losses $77 $83 $115
Noninterest Income $220 $221 $254
Noninterest Expenses $379 $377 $373
Net Income $158 $157 $206
Return on Equity 12.33% 12.55% 16.86%