Name | Value |
---|---|
Revenues | 1,020.0M |
Cost of Revenue | 0.0M |
Gross Profit | 1,020.0M |
Operating Expense | 38.0M |
Operating I/L | 580.0M |
Other Income/Expense | -134.0M |
Interest Income | 876.0M |
Pretax | 446.0M |
Income Tax Expense | 96.0M |
Net Income/Loss | 350.0M |
Comerica Incorporated provides a range of financial products and services through its Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank offers commercial loans, deposits, cash management, and international trade finance to businesses and governmental entities. The Retail Bank provides consumer lending, deposit accounts, credit cards, and mortgage loans. The Wealth Management segment offers fiduciary, private banking, investment management, and insurance products. The company generates revenue through interest income from loans, fees from financial services, and investment activities.