NYSE$CMA
Comerica Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported record annual earnings per share and maintained expense discipline while supporting growth initiatives.
Comerica reported a strong Q4 2022 with net income of $350 million, or $2.58 per share. Average loans grew by $1.3 billion, and the company modestly increased reserves. Credit quality remained exceptional, and the company feels well-positioned to continue delivering superior financial results in 2023.
- Net income for Q4 2022 was $350 million, or $2.58 per share.
- Average loans grew by $1.3 billion, or over 2%.
- Reserves were modestly increased consistent with loan growth and the softening economic outlook.
- Credit quality remained exceptional.
Headline financials
Revenue & EPS history
Comerica · Revenue · Quarterly
$1.02B
Forward guidance
Comerica feels well-positioned to continue to deliver superior financial results with its strong business and geographic profile, loan momentum, reduced interest rate exposure and proven credit discipline. Delivering positive operating leverage remains a priority while strategically investing to drive growth.
Tailwinds
- Strong business and geographic profile
- Loan momentum
- Reduced interest rate exposure
- Proven credit discipline
- Commitment to deliver superior financial results
Headwinds
- Softening economic outlook
- Average deposits decreased
- Expenses reflected investments in our business
- Inflationary pressures
- Economic environment
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q4 2022
-0.3%
Avg return
Earnings day
-1.9%
Avg return
5 days after
+0.0%
Avg return
30 days after
52%
36 / 69 earnings
Positive
+7.7%
Q3 2016
Best reaction
-12.9%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q4 2025 | +2.0% | +3.3% | — | |
| Q3 2025 | +1.4% | +3.7% | +6.0% | |
| Q2 2025 | +4.6% | +6.7% | +8.8% | |
| Q1 2025 | -4.4% | +0.3% | +5.6% | |
| Q4 2024 | -5.6% | -5.3% | -1.3% | |
| Q3 2024 | -1.0% | -1.0% | +10.1% | |
| Q2 2024 | -9.3% | -8.9% | -0.1% | |
| Q1 2024 | +3.5% | +5.7% | +9.4% | |
| Q4 2023 | +2.6% | +0.3% | -8.8% | |
| Q3 2023 | -7.8% | -7.8% | +8.9% | |
| Q2 2023 | -2.1% | +1.0% | -10.8% | |
| Q1 2023 | -7.1% | -13.5% | -18.6% | |
| Q4 2022 | +4.8% | +7.9% | +10.5% | |
| Q3 2022 | -12.9% | -9.5% | -6.2% | |
| Q2 2022 | +1.9% | +1.5% | +9.2% | |
| Q1 2022 | -8.1% | -6.9% | -18.9% | |
| Q4 2021 | -6.0% | -9.0% | -3.7% | |
| Q3 2021 | +3.1% | — | — | |
| Q2 2021 | +2.2% | — | — | |
| Q1 2021 | -0.3% | — | — | |
| Q4 2020 | -1.0% | — | — | |
| Q3 2020 | +2.9% | — | — | |
| Q2 2020 | +5.0% | — | — | |
| Q1 2020 | +2.8% | — | — | |
| Q4 2019 | -3.4% | — | — | |
| Q3 2019 | -3.6% | — | — | |
| Q2 2019 | -3.4% | — | — | |
| Q1 2019 | +0.4% | — | — | |
| Q4 2018 | +7.6% | — | — | |
| Q3 2018 | +1.9% | — | — | |
| Q2 2018 | +3.4% | — | — | |
| Q1 2018 | -2.9% | — | — | |
| Q4 2017 | +1.8% | — | — | |
| Q3 2017 | +1.6% | — | — | |
| Q2 2017 | -2.7% | — | — | |
| Q1 2017 | +1.6% | — | — | |
| Q4 2016 | -4.1% | — | — | |
| Q3 2016 | +7.7% | — | — | |
| Q2 2016 | +3.4% | — | — | |
| Q1 2016 | +6.0% | — | — | |
| Q4 2015 | -5.7% | — | — | |
| Q3 2015 | -1.8% | — | — | |
| Q2 2015 | -4.7% | — | — | |
| Q1 2015 | -1.0% | — | — | |
| Q4 2014 | -1.3% | — | — | |
| Q3 2014 | -1.4% | — | — | |
| Q2 2014 | +0.7% | — | — | |
| Q1 2014 | -0.0% | — | — | |
| Q4 2013 | +4.4% | — | — | |
| Q3 2013 | +3.0% | — | — | |
| Q2 2013 | -1.2% | — | — | |
| Q1 2013 | +0.8% | — | — | |
| Q4 2012 | +5.1% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2012 | -4.5% | — | — | |
| Q2 2012 | +2.6% | — | — | |
| Q1 2012 | +1.4% | — | — | |
| Q3 2011 | -0.1% | — | — | |
| Q2 2011 | -2.4% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q1 2009 | -1.9% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q4 2009 | -1.9% | — | — | |
| Q4 2008 | -1.9% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q3 2009 | +0.5% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q2 2009 | +1.6% | — | — |
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