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Comerica Net Charge Offs to Average Loans %

: -0.09% (As of Jun. 2021)
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Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

Comerica's Net Charge Offs to Average Loans % for the quarter that ended in Jun. 2021 was -0.09% , which is lower than 0.03% for the pervious quarter ended in Mar. 2021.

Comerica's Net Charge Offs to Average Loans % for the annual that ended in Dec. 2020 was 0.38% , which is higher than 0.21% for the pervious year ended in Dec. 2019.


Comerica Net Charge Offs to Average Loans % Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comerica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Net Charge Offs to Average Loans %
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ComericaQuarterly Data
Trend Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Net Charge Offs to Average Loans %
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Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
   

Comerica  (NYSE:CMA) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %=Net Charge-offs / Average Total Loans

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Comerica  (NYSE:CMA) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.


Comerica Net Charge Offs to Average Loans % Related Terms


Comerica Net Charge Offs to Average Loans % Headlines

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