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Comerica Incorporated (CMA) |
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CMA's Operating Income Growth by Quarter and Year
Comerica Incorporated's Operating Income results by quarter and year
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Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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| CMA Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
| IV Quarter |
December |
-
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446.00
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289.00
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278.00
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| III Quarter |
September |
-
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455.00
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332.00
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259.00
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| II Quarter |
June |
356.00
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337.00
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421.00
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140.00
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| I Quarter |
March |
409.00
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238.00
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448.00
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-86.00
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| FY |
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765.00
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1,476.00
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1,490.00
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591.00
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| CMA Operating Income second quarter 2023 Y/Y Growth Comment |
Comerica Incorporated reported Operating Income growth of 5.64% year on year in the second quarter 2023, to $ 356.00 millions, this is lower than Comerica Incorporated's recent average Operating Income improvement of 23.14%.
Looking into second quarter 2023 results within Commercial Banks industry 5 other companies have achieved higher Operating Income growth. While Comerica Incorporated' s Operating Income increase of 5.64% ranks overall at the positon no. 371 in the second quarter 2023.
Explain Operating Income growth
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| CMA Operating Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
54.33 % |
3.96 % |
-20.8 % |
| III Quarter |
September |
- |
37.05 % |
28.19 % |
-30.38 % |
| II Quarter |
June |
5.64 % |
-19.95 % |
200.71 % |
-63.64 % |
| I Quarter |
March |
71.85 % |
-46.88 % |
- |
- |
| FY |
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- |
-0.94 % |
152.12 % |
-61.42 % |
CMA Operating Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
-1.98 % |
-12.95 % |
7.34 % |
| III Quarter |
September |
- |
35.01 % |
-21.14 % |
85 % |
| II Quarter |
June |
-12.96 % |
41.6 % |
-6.03 % |
- |
| I Quarter |
March |
-8.3 % |
-17.65 % |
61.15 % |
- |
| FY (Year on Year) |
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-0.94 % |
152.12 % |
-61.42 % |
| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 1011.9 % |
23.14 % |
-172.44 % |
| (June 30. 2011) |
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(March 31. 2010) |
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| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 1011.9 % |
23.14 % |
-172.44 % |
| (June 30. 2011) |
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(March 31. 2010) |
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| Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Comerica Incorporated's Q/Q Operating Income Growth
| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 250 % |
6.26 % |
-100 % |
| (March 31. 2009) |
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| CMA's II. Quarter Q/Q Operating Income Comment |
In the II. Quarter 2023 Comerica Incorporated disclosed drop in Operating Income sequentially by -12.96% to $ 356.00 millions, from $ 409.00 millions declared in the previous reporting period.
Some seasonal circumstance which commonly elevate II. Quarter 2023 results, were not able to recover the II. Quarter for the Comerica Incorporated, Mya Scott, an industry researcher situated in San Francisco said, she detected additional headwinds ahead for Comerica Incorporated.
Within Commercial Banks industry 60 other companies have achieved higher Operating Income quarter on quarter growth. While Comerica Incorporated's Operating Income growth quarter on quarter, overall rank is 1672. |
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| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 250 % |
6.26 % |
-100 % |
| (March 31. 2009) |
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| CMA's II. Quarter Q/Q Operating Income Comment |
In the II. Quarter 2023 Comerica Incorporated realized drop in Operating Income from the previous quarter by -12.96% to $ 356.00 millions, from $ 409.00 millions achived a quarter before.
Some cyclical circumstance which usually energize II. Quarter 2023 results, were not able to salvage the II. Quarter for the Comerica Incorporated, Mya Scott, an industry researcher situated in San Francisco pointed out, she mentioned certan caution conserning CMA's direction, she sees further difficulties ahead for the Commercial Banks's company and wrote that average sequential Operating Income growth is at 6.26% for the Commercial Banks's company.
Within Commercial Banks industry 60 other companies have achieved higher Operating Income quarter on quarter growth. While Comerica Incorporated's Operating Income growth quarter on quarter, overall rank is 1672. |
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Comerica Incorporated's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending
(Jun 30 2023) |
12 Months Ending
(Mar 31 2023) |
12 Months Ending
(Dec 31 2022) |
12 Months Ending
(Sep 30 2022) |
12 Months Ending
(Jun 30 2022) |
| Cumulative Operating Income 12 Months Ending |
$ 1,666.00 |
$ 1,647.00 |
$ 1,476.00 |
$ 1,319.00 |
$ 1,196.00 |
| Y / Y Operating Income Growth (TTM) |
39.3 % |
28.67 % |
-0.94 % |
-10.82 % |
-14.94 % |
| Year on Year Operating Income Growth Overall
Ranking |
# 410 |
# 181 |
# 113 |
# 927 |
# 385 |
| Seqeuential Operating Income Change (TTM) |
1.15 % |
11.59 % |
11.9 % |
10.28 % |
-6.56 % |
| Seq. Operating Income Growth (TTM) Overall
Ranking |
# 1337 |
# 326 |
# 1019 |
# 348 |
# 424 |
| Cumulative Operating Income growth
Comment |
Comerica Incorporated saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 39.3% year on year, to $ 1,666 millions if the fiscal year would have ended in Jun 30 2023.
Comerica Incorporated's trailing twelve months Operating Income growth was higher than company's average 23.14% and higher than 28.67% growth in Mar 31 2023.
But from twelve months ended Mar 31 2023 increase was less at 1.15 % from $1647 millions achieved in the period from Mar 31 2023 to Jun 30 2022 Mya Scott went on.
It appears to be drop-off in progress, more obvious observing the average sequential Operating Income rise which is better at23.14%.
The momentum is even stronger from twelve months ended Mar 31 2023 clinched at 1.15 % rise from $1647 millions in the period from Mar 31 2023 to Jun 30 2022.
In the Financial sector 91 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 181 to 410. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
1011.9 % |
23.14 % |
-172.44 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
1011.9 % |
23.14 % |
-172.44 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 53 |
| Sector |
# 424 |
| S&P 500 |
# 1337 |
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| Cumulative Operating Income growth
Comment |
Comerica Incorporated saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 39.3% year on year, to $ 1,666 millions if the fiscal year would have ended in Jun 30 2023.
Comerica Incorporated's trailing twelve months Operating Income growth was higher than company's average 23.14% and higher than 28.67% growth in Mar 31 2023.
But from twelve months ended Mar 31 2023 rise was slower at 1.15 % from $1647 millions recorded in twelve months ending a quarter Mar 31 2023.
There is stagnation in progress, more noticeable if you pay attention to the typical sequential historic advancement what is better at23.14% Mya Scott wrote.
The progress was even stronger sequentially exhibited at 1.15 % jump from $1647 millions in twelve months ending a quarter Mar 31 2023.
In the Financial sector 91 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 181 to 410. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
1011.9 % |
23.14 % |
-172.44 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
1011.9 % |
23.14 % |
-172.44 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 53 |
| Sector |
# 424 |
| S&P 500 |
# 1337 |
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9.13%