Comerica (CMA) Financials

Comerica Inc (CMA) is a financial holding company based in Dallas, Texas. It operates through three business segments: Business Bank, Retail Bank, and Wealth Management. The company provides a range of banking and financial services to individuals, small businesses, and middle-market companies. Comerica Inc reported total revenue of $3.5 billion in the most recent fiscal year, with a gross profit of $2.1 billion. The company's net income from stockholders was $1.1 billion, reflecting its strong financial performance. Comerica Inc has total assets of $73.6 billion and total liabilities of $68.3 billion, resulting in stockholders' equity of $5.3 billion. The company has a relatively low level of total debt, at $4.7 billion, and positive cash flow from its operations.

Comerica Inc's income statement shows that it generated $3.5 billion in total revenue, with a gross profit of $2.1 billion. The company's operating cash flow was positive, indicating strong cash generation from its core operations. Comerica Inc's ebit and ebitda were $1.5 billion and $1.6 billion, respectively, demonstrating its ability to generate profits before interest, taxes, depreciation, and amortization. The company's net debt stood at $4.7 billion, while its cash equivalents amounted to $2.3 billion, indicating a favorable liquidity position. Comerica Inc's financing cash flow and investing cash flow were both positive, suggesting that the company is actively investing and financing its operations. Lastly, Comerica Inc's free cash flow was $700 million, indicating its ability to generate cash for potential investments or shareholder returns.