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Comerica (CMA) investor relations material
Comerica Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net income for Q4 2025 was $176 million, flat sequentially and up from $170 million in Q4 2024.
Diluted EPS for Q4 2025 was $1.27, down from $1.35 in Q3 2025 but up from $1.22 in Q4 2024.
Excluding merger-related expenses, Q4 2025 net income was $201 million and EPS was $1.46.
Full-year 2025 net income was $723 million, up from $698 million in 2024.
Financial highlights
Net interest income for Q4 2025 was $577 million, stable compared to Q3 2025 and Q4 2024.
Net interest margin for Q4 2025 was 3.07%, slightly down from 3.09% in Q3 2025 but up from 2.88% in Q4 2024.
Return on average common equity for Q4 2025 was 9.15%, down from 10.20% in Q3 2025 and 10.27% in Q4 2024.
Efficiency ratio for Q4 2025 was 72.30%, up from 70.23% in Q3 2025.
Cash dividends declared per share remained $0.71 for the quarter.
Outlook and guidance
The pending merger with Fifth Third Bancorp is expected to close in Q1 2026, following shareholder approval in January 2026.
- CET1 at 11.89% and $698M net income highlight strong capital and resumed buybacks.CMA
Q4 20248 Jul 2026 - Strong capital, core deposit growth, and credit quality support a positive 2025 outlook.CMA
Goldman Sachs 2024 U.S. Financial Services Conference8 Jul 2026 - Solid capital, strong deposit growth, and prudent risk management drive positive outlook.CMA
Investor Presentation30 Jun 2026 - Solid capital, strong credit, and strategic investments drive growth and resilience.CMA
Investor Presentation30 Jun 2026 - Payments and deposit growth, strong credit quality, and capital drive positive outlook and resilience.CMA
Morgan Stanley US Financials, Payments & CRE Conference 202530 Jun 2026 - Strong capital, credit quality, and relationship-focused growth drive positive 1Q25 results.CMA
Investor Presentation30 Jun 2026 - Growth driven by strong credit, capital, and deposit trends, with investments in talent and technology.CMA
RBC Capital Markets Financial Institutions Conference 202530 Jun 2026 - Q2 2025 net income rose 16% to $199M, with strong capital and $193M returned to shareholders.CMA
Q2 202530 Jun 2026 - Q1 2025 net income rose to $172M with strong capital, credit, and stable margin.CMA
Q1 202530 Jun 2026 - Improved profitability, strong capital, and disciplined growth drive positive 2Q24 results.CMA
Investor Presentation29 Jun 2026
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