Monetary providers firm Comerica Integrated (NYSE: CMA) Monday introduced monetary outcomes for the primary quarter of 2025, reporting a year-over-year enhance in internet curiosity revenue.
- Web curiosity revenue elevated to $575 million within the first quarter from $548 million in the identical interval final 12 months
- At $172 million, first-quarter internet revenue was up 25%; earnings per share rose to $1.25 from $0.98 final 12 months
- Web curiosity margin elevated sharply to three.18% in Q1 from 2.80% within the prior-year quarter
- Common loans had been $50.2 billion within the first quarter, vs. $51.4 billion in Q1 2024
- Common deposits rose to $61.9 billion in the course of the three months from $65.3 billion a 12 months earlier
- Noninterest revenue was $254 million in Q1, in comparison with $236 million within the corresponding quarter final 12 months