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GuruFocus has detected 4 Warning Signs with Comerica Inc \$CMA.
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Comerica Inc (NYSE:CMA)
Pre-Tax Income
\$670 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. Comerica Inc's pretax income for the three months ended in Dec. 2016 was \$226 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was \$670 Mil. Comerica Inc's pretax margin was 31.30%.

During the past 13 years, Comerica Inc's highest Pretax Margin was 34.63%. The lowest was -4.39%. And the median was 25.53%.

Definition

This is the income that a company earns before paying income taxes.

Comerica Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

 Pretax Income = Operating Income + Other = 670 + 0 = 670

Comerica Inc's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

 Pretax Income = Operating Income + Other = 226 + 0 = 226

Comerica Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 85 (Mar. 2016 ) + 146 (Jun. 2016 ) + 213 (Sep. 2016 ) + 226 (Dec. 2016 ) = \$670 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

Comerica Inc's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = 226 / 722 = 31.30%

During the past 13 years, Comerica Inc's highest Pretax Margin was 34.63%. The lowest was -4.39%. And the median was 25.53%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Comerica Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Pretax Income 988 271 -115 315 530 762 786 870 750 670

Comerica Inc Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Pretax Income 219 195 199 199 157 85 146 213 226 268
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