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GuruFocus has detected 3 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

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


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

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 988271-115315530762786870750670

Comerica Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 22721919519919915785146213226
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