News Releases

Comerica Reports First Quarter 2003 Earnings

DETROIT, Apr 16, 2003 /PRNewswire-FirstCall via COMTEX/ -- Comerica Incorporated (NYSE: CMA) today reported first quarter 2003 earnings
of $176 million, or $1.00 per diluted share, compared with $214 million, or
$1.20 per diluted share, for the first quarter of 2002.

1st Qtr '03 4th Qtr '02 1st Qtr '02
Diluted EPS $1.00 $1.18 $1.20
Net Interest Income (in millions) $511 $533 $540
Net Interest Margin 4.30% 4.41% 4.77%
Noninterest Income (in millions) $220 $254 $208
Noninterest Expense (in millions) $367 $373 $347
Net Income (in millions) $176 $206 $214
Return on Equity 14.13% 16.86% 17.84%