Comerica (CMA) Revenue & Revenue Breakdown
Comerica Revenue Highlights
Latest Revenue (Y)
$5.29B
Latest Revenue (Q)
$1.25B
Main Segment (Y)
Business Bank
Comerica Revenue by Period
Comerica Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.29B | 49.83% |
| 2022-12-31 | $3.53B | 19.11% |
| 2021-12-31 | $2.97B | 1.89% |
| 2020-12-31 | $2.91B | -12.89% |
| 2019-12-31 | $3.34B | 0.45% |
| 2018-12-31 | $3.33B | 5.05% |
| 2017-12-31 | $3.17B | 11.24% |
| 2016-12-31 | $2.85B | 3.98% |
| 2015-12-31 | $2.74B | 8.56% |
| 2014-12-31 | $2.52B | 1.00% |
| 2013-12-31 | $2.50B | -1.89% |
| 2012-12-31 | $2.55B | 4.13% |
| 2011-12-31 | $2.44B | 0.41% |
| 2010-12-31 | $2.44B | -6.95% |
| 2009-12-31 | $2.62B | -3.36% |
| 2008-12-31 | $2.71B | -6.23% |
| 2007-12-31 | $2.89B | 3.03% |
| 2006-12-31 | $2.80B | -3.28% |
| 2005-12-31 | $2.90B | 8.66% |
| 2004-12-31 | $2.67B | -5.19% |
| 2003-12-31 | $2.81B | -7.22% |
| 2002-12-31 | $3.03B | 4.35% |
| 2001-12-31 | $2.91B | 16.94% |
| 2000-12-31 | $2.48B | 9.75% |
| 1999-12-31 | $2.26B | 9.67% |
| 1998-12-31 | $2.06B | 4.75% |
| 1997-12-31 | $1.97B | 2.68% |
| 1996-12-31 | $1.92B | 6.71% |
| 1995-12-31 | $1.80B | 6.01% |
| 1994-12-31 | $1.70B | 6.31% |
| 1993-12-31 | $1.60B | - |
Comerica generated $5.29B in revenue during NA 2023, up 49.83% compared to the previous quarter, and up 159.10% compared to the same period a year ago.
Comerica Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.25B | -0.40% |
| 2024-03-31 | $1.25B | -5.37% |
| 2023-12-31 | $1.32B | 47.43% |
| 2023-09-30 | $896.00M | -3.03% |
| 2023-06-30 | $924.00M | -6.67% |
| 2023-03-31 | $990.00M | -2.94% |
| 2022-12-31 | $1.02B | 3.55% |
| 2022-09-30 | $985.00M | 18.82% |
| 2022-06-30 | $829.00M | 18.43% |
| 2022-03-31 | $700.00M | -6.67% |
| 2021-12-31 | $750.00M | -0.66% |
| 2021-09-30 | $755.00M | 0.80% |
| 2021-06-30 | $749.00M | 5.05% |
| 2021-03-31 | $713.00M | -2.86% |
| 2020-12-31 | $734.00M | 3.38% |
| 2020-09-30 | $710.00M | -1.11% |
| 2020-06-30 | $718.00M | -4.27% |
| 2020-03-31 | $750.00M | -6.72% |
| 2019-12-31 | $804.00M | -4.51% |
| 2019-09-30 | $842.00M | -1.29% |
| 2019-06-30 | $853.00M | 1.07% |
| 2019-03-31 | $844.00M | -2.31% |
| 2018-12-31 | $864.00M | 3.72% |
| 2018-09-30 | $833.00M | -0.60% |
| 2018-06-30 | $838.00M | 5.67% |
| 2018-03-31 | $793.00M | -4.46% |
| 2017-12-31 | $830.00M | 1.10% |
| 2017-09-30 | $821.00M | 5.80% |
| 2017-06-30 | $776.00M | 4.72% |
| 2017-03-31 | $741.00M | 2.63% |
| 2016-12-31 | $722.00M | - |
| 2016-09-30 | $722.00M | 1.12% |
| 2016-06-30 | $714.00M | 3.03% |
| 2016-03-31 | $693.00M | -1.56% |
| 2015-12-31 | $704.00M | 2.62% |
| 2015-09-30 | $686.00M | 0.59% |
| 2015-06-30 | $682.00M | 1.94% |
| 2015-03-31 | $669.00M | 4.53% |
| 2014-12-31 | $640.00M | 1.75% |
| 2014-09-30 | $629.00M | -1.10% |
| 2014-06-30 | $636.00M | 2.91% |
| 2014-03-31 | $618.00M | -2.52% |
| 2013-12-31 | $634.00M | 1.28% |
| 2013-09-30 | $626.00M | 0.64% |
| 2013-06-30 | $622.00M | 0.97% |
| 2013-03-31 | $616.00M | -1.91% |
| 2012-12-31 | $628.00M | 0.64% |
| 2012-09-30 | $624.00M | -3.41% |
| 2012-06-30 | $646.00M | -0.46% |
| 2012-03-31 | $649.00M | 3.67% |
| 2011-12-31 | $626.00M | 0.32% |
| 2011-09-30 | $624.00M | 5.23% |
| 2011-06-30 | $593.00M | -1.50% |
| 2011-03-31 | $602.00M | -2.59% |
| 2010-12-31 | $618.00M | 4.75% |
| 2010-09-30 | $590.00M | -4.22% |
| 2010-06-30 | $616.00M | 1.15% |
| 2010-03-31 | $609.00M | 3.22% |
| 2009-12-31 | $590.00M | -15.71% |
| 2009-09-30 | $700.00M | - |
| 2009-06-30 | $700.00M | 15.32% |
| 2009-03-31 | $607.00M | 0.33% |
| 2008-12-31 | $605.00M | -14.31% |
| 2008-09-30 | $706.00M | 3.22% |
| 2008-06-30 | $684.00M | -4.07% |
| 2008-03-31 | $713.00M | -0.42% |
| 2007-12-31 | $716.00M | - |
Comerica generated $1.25B in revenue during Q2 2024, up -0.40% compared to the previous quarter, and up 125.76% compared to the same period a year ago.
Comerica Revenue Breakdown
Comerica Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Business Bank | $384.00M | $410.00M | $403.00M | - | - |
| Finance Other | $1.00M | - | - | - | - |
| Retail Bank | $115.00M | $115.00M | $100.00M | - | - |
| Wealth Management | $288.00M | $271.00M | $255.00M | $261.00M | $259.00M |
| Brokerage Commissions Revenue | $21.00M | - | - | - | - |
| Commercial Loan | $18.00M | - | - | - | - |
| Credit and Debit Card | $273.00M | - | - | - | - |
| Deposit Account | $195.00M | - | - | - | - |
| Fiduciary and Trust | $233.00M | - | - | - | - |
| Business Bank Member | $384.00M | $369.00M | $365.00M | - | - |
| Finance Other1 [Domain] | $1.00M | - | - | - | - |
| Retail Bank Member | $115.00M | $119.00M | $130.00M | - | - |
| Finance Other1 | - | - | - | - | $1.00M |
Comerica's latest annual revenue breakdown by segment (product or service), as of Dec 22: Business Bank (18.93%), Business Bank Member (18.93%), Wealth Management (14.20%), Credit and Debit Card (13.46%), Fiduciary and Trust (11.49%), Deposit Account (9.62%), Retail Bank (5.67%), Retail Bank Member (5.67%), Brokerage Commissions Revenue (1.04%), Commercial Loan (0.89%), Finance Other (0.05%), and Finance Other1 [Domain] (0.05%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Bank Member | $96.00M | $97.00M | $99.00M | $96.00M | $97.00M | $99.00M | $96.00M | $96.00M | $115.00M | $103.00M | $106.00M | $104.00M | $89.00M | $91.00M | $93.00M | $93.00M | - | - | - | - |
| Retail Bank Member | $33.00M | $39.00M | $28.00M | $27.00M | $28.00M | $30.00M | $29.00M | $30.00M | $27.00M | $27.00M | $25.00M | $21.00M | $28.00M | $29.00M | $30.00M | $31.00M | - | - | - | - |
| Finance Other1 [Domain] | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Wealth Management | $74.00M | $64.00M | $83.00M | $71.00M | $71.00M | $73.00M | $75.00M | $69.00M | $69.00M | $68.00M | $70.00M | $64.00M | $62.00M | $62.00M | $63.00M | $68.00M | $66.00M | $67.00M | $65.00M | - |
| Commercial Loan | - | $2.00M | $3.00M | $3.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Fiduciary and Trust | - | $51.00M | $59.00M | $62.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Capital Markets | - | $4.00M | $4.00M | $4.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Brokerage Commissions Revenue | - | $10.00M | $6.00M | $8.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Noninterest Income | - | $9.00M | $11.00M | $15.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Credit and Debit Card | - | $66.00M | $71.00M | $72.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deposit Account | - | $45.00M | $47.00M | $47.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Finance Other1 | - | - | - | $1.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retail Bank | - | - | - | - | - | $28.00M | $31.00M | $26.00M | - | - | - | - | - | - | - | - | - | - | - | - |
| Business Bank | - | - | - | - | - | $92.00M | $96.00M | $104.00M | - | - | - | - | - | - | - | - | - | - | - | - |
Comerica's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Business Bank Member (47.29%), Wealth Management (36.45%), and Retail Bank Member (16.26%).
Comerica Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TFC | Truist Financial | $33.25B | $1.14B |
| USB | U.S. Bancorp | $28.01B | $10.80B |
| PNC | PNC Financial Services Group | $21.51B | $8.04B |
| KEY | KeyCorp | $10.40B | $2.71B |
| HBAN | Huntington Bancshares | $8.92B | $2.98B |
| RF | Regions Financial | $6.90B | $2.32B |
| CMA | Comerica | $5.29B | $1.25B |
| WAL | Western Alliance Ban | $4.33B | $1.24B |
| ZION | Zions Bancorporation, National Association | $2.71B | $1.25B |
| FHN | First Horizon | $1.39B | $1.28B |
| PACW | PacWest Bancorp | $1.29B | $143.32M |
CMA Revenue FAQ
What is Comerica’s yearly revenue?
Comerica's yearly revenue for 2023 was $5.3B, representing an increase of 49.83% compared to 2022. The company's yearly revenue for 2022 was $3.53B, representing an increase of 19.11% compared to 2021. CMA's yearly revenue for 2021 was $2.97B, representing an increase of 1.89% compared to 2020.
What is Comerica’s quarterly revenue?
Comerica's quarterly revenue for Q2 2024 was $1.24B, a -0.40% decrease from the previous quarter (Q1 2024), and a 34.74% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.25B, a -5.37% decrease from the previous quarter (Q4 2023), and a 26.26% increase year-over-year (Q1 2023). CMA's quarterly revenue for Q4 2023 was $1.32B, a 47.43% increase from the previous quarter (Q3 2023), and a 29.51% increase year-over-year (Q4 2022).
What is Comerica’s revenue growth rate?
Comerica's revenue growth rate for the last 3 years (2021-2023) was 78.46%, and for the last 5 years (2019-2023) was 58.39%.
What are Comerica’s revenue streams?
Comerica's revenue streams in c 22 are Business Bank, Finance Other, Retail Bank, Wealth Management, Brokerage Commissions Revenue, Commercial Loan, Credit and Debit Card, Deposit Account, Fiduciary and Trust, Business Bank Member, Finance Other1 [Domain], and Retail Bank Member. Business Bank generated $384M in revenue, accounting 18.93% of the company's total revenue, down -6.34% year-over-year. Finance Other generated $1M in revenue, accounting 0.05% of the company's total revenue Retail Bank generated $115M in revenue, accounting 5.67% of the company's total revenue Wealth Management generated $288M in revenue, accounting 14.20% of the company's total revenue, up 6.27% year-over-year. Brokerage Commissions Revenue generated $21M in revenue, accounting 1.04% of the company's total revenue Commercial Loan generated $18M in revenue, accounting 0.89% of the company's total revenue Credit and Debit Card generated $273M in revenue, accounting 13.46% of the company's total revenue Deposit Account generated $195M in revenue, accounting 9.62% of the company's total revenue Fiduciary and Trust generated $233M in revenue, accounting 11.49% of the company's total revenue Business Bank Member generated $384M in revenue, accounting 18.93% of the company's total revenue, up 4.07% year-over-year. Finance Other1 [Domain] generated $1M in revenue, accounting 0.05% of the company's total revenue Retail Bank Member generated $115M in revenue, accounting 5.67% of the company's total revenue, down -3.36% year-over-year.
What is Comerica’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Comerica was Business Bank. This segment made a revenue of $384M, representing 18.93% of the company's total revenue.