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Comerica Incorporated (CMA) |
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CMA's Revenue Growth by Quarter and Year
Comerica Incorporated's Revenue results by quarter and year
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Select the Comparisons :
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Select the Ratio:
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| CMA Revenue (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
| IV Quarter |
December |
-
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987.00
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775.00
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751.00
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| III Quarter |
September |
-
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957.00
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797.00
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705.00
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| II Quarter |
June |
891.00
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819.00
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884.00
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580.00
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| I Quarter |
March |
960.00
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711.00
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895.00
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339.00
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| FY |
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1,851.00
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3,474.00
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3,351.00
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2,375.00
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| CMA Revenue second quarter 2023 Y/Y Growth Comment |
Comerica Incorporated achieved in the second quarter 2023, above Company average Revenue improvement of 8.79% year on year, to $ 891.00 millions.
According to the results reported in the second quarter 2023, Comerica Incorporated achieved the best Revenue growth in Commercial Banks industry. While Comerica Incorporated' s Revenue increase of 8.79% ranks overall at the positon no. 166 in the second quarter 2023.
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| CMA Revenue ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
27.35 % |
3.2 % |
-6.36 % |
| III Quarter |
September |
- |
20.08 % |
13.05 % |
-12.64 % |
| II Quarter |
June |
8.79 % |
-7.35 % |
52.41 % |
-28.31 % |
| I Quarter |
March |
35.02 % |
-20.56 % |
164.01 % |
-60.44 % |
| FY |
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- |
3.67 % |
41.09 % |
-27.48 % |
CMA Revenue (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
3.13 % |
-2.76 % |
6.52 % |
| III Quarter |
September |
- |
16.85 % |
-9.84 % |
21.55 % |
| II Quarter |
June |
-7.19 % |
15.19 % |
-1.23 % |
71.09 % |
| I Quarter |
March |
-2.74 % |
-8.26 % |
19.17 % |
-57.73 % |
| FY (Year on Year) |
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- |
3.67 % |
41.09 % |
-27.48 % |
| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 41.09 % |
1.8 % |
-27.48 % |
| (Dec 31 2021) |
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(Dec 31 2020) |
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| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 41.09 % |
1.8 % |
-27.48 % |
| (Dec 31 2021) |
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(Dec 31 2020) |
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| Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Comerica Incorporated's Q/Q Revenue Growth
| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 71.09 % |
1 % |
-57.73 % |
| (Jun 30 2020) |
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| CMA's II. Quarter Q/Q Revenue Comment |
In the II. Quarter 2023 Comerica Incorporated realized drop in Revenue from the first quarter by -7.19% to $ 891.00 millions, from $ 960.00 millions declared a quarter before.
Albeit cyclical factors commonly fuel II. Quarter 2023 results, this plainly could not be sufficient to recover Commercial Banks's company achievement, Taciana Pinto, Financial sector veteran from Paris pointed out and continued that average quarter on quarter Revenue growth is at 1% for CMA.
Within Commercial Banks industry Comerica Incorporated achieved highest sequential Revenue growth. While Comerica Incorporated's Revenue growth quarter on quarter, overall rank is 187. |
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| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 71.09 % |
1 % |
-57.73 % |
| (Jun 30 2020) |
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| CMA's II. Quarter Q/Q Revenue Comment |
In the II. Quarter 2023 Comerica Incorporated realized drop in Revenue sequentially by -7.19% to $ 891.00 millions, from $ 960.00 millions achived in the previous quarter.
Those cyclical factors which normally elevate II. Quarter 2023 Revenue, were not able to salvage the II. Quarter for the Comerica Incorporated, Taciana Pinto, Financial sector veteran from Paris pointed out, she cited some caution conserning Comerica Incorporated's outlook and wrote that average sequential Revenue growth is at 1% for Comerica Incorporated.
Within Commercial Banks industry Comerica Incorporated achieved highest sequential Revenue growth. While Comerica Incorporated's Revenue growth quarter on quarter, overall rank is 187. |
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Comerica Incorporated's 12 Months Revenue Growth Year on Year
Revenue 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 Revenue 12 Months Ending |
$ 3,795.00 |
$ 3,723.00 |
$ 3,474.00 |
$ 3,262.00 |
$ 3,102.00 |
| Y / Y Revenue Growth (TTM) |
22.34 % |
17.56 % |
3.67 % |
-1.95 % |
-4.11 % |
| Year on Year Revenue Growth Overall
Ranking |
# 175 |
# 276 |
# 355 |
# 447 |
# 2865 |
| Seqeuential Revenue Change (TTM) |
1.93 % |
7.17 % |
6.5 % |
5.16 % |
-2.05 % |
| Seq. Revenue Growth (TTM) Overall
Ranking |
# 166 |
# 2672 |
# 1798 |
# 1208 |
# 2762 |
| Cumulative Revenue growth
Comment |
Comerica Incorporated saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 22.34% year on year, to $ 3,795 millions if the fiscal year would have ended in Jun 30 2023.
Comerica Incorporated's trailing twelve months Revenue growth was higher than company's average 1.8% and higher than 17.56% growth in Mar 31 2023. And, Comerica Incorporated realized the fastest Revenue growth, in Commercial Banks industry.
But from twelve months ended Mar 31 2023 growth rate was less at 1.93 % from $3723 millions achieved in the period from Mar 31 2023 to Jun 30 2022.
In spite of, it was validation of convincing trend, as the typical Q/Q TTM Revenue gain is at 1.8%.
The growth was much stronger from the previous reporting period exhibited at 1.93 % increase from $3723 millions in twelve months ending a quarter Mar 31 2023.
Within the Financial sector 21 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 175, from total ranking in previous quarter at 276. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
41.09 % |
1.8 % |
-27.48 % |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
41.09 % |
1.8 % |
-27.48 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 1 |
| Sector |
# 20 |
| S&P 500 |
# 166 |
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| Cumulative Revenue growth
Comment |
Comerica Incorporated saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 22.34% year on year, to $ 3,795 millions if the fiscal year would have ended in Jun 30 2023.
Comerica Incorporated's trailing twelve months Revenue growth was higher than company's average 1.8% and higher than 17.56% growth in Mar 31 2023. And, Comerica Incorporated realized the fastest Revenue growth, in Commercial Banks industry.
But from the previous reporting period growth rate was slower at 1.93 % from $3723 millions reported in twelve months ending a quarter before.
Still this was confirmation of strength, while the typical Q/Q TTM Revenue gain lays at 1.8%.
The progress was much more impressive sequentially exhibited at 1.93 % increase from $3723 millions in twelve months ending a quarter Mar 31 2023.
Within the Financial sector 21 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 175, from total ranking in previous quarter at 276. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
41.09 % |
1.8 % |
-27.48 % |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
41.09 % |
1.8 % |
-27.48 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 1 |
| Sector |
# 20 |
| S&P 500 |
# 166 |
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15.15%