Comerica GAAP EPS of $2.58 beats by $0.03, revenue of $1.02B beats by $10M

• Comerica press release (NYSE:CMA): Q4 GAAP EPS of $2.58 beats by $0.03.
• Revenue of $1.02B (+36.0% Y/Y) beats by $10M.
• Provision for credit losses increased $5 million to $33 million.
• Common equity Tier 1 capital ratio of 10.02% and a Tier 1 capital ratio of 10.52%
• Loans increased $1.3 billion to $52.4 billion
• Securities decreased $1.4 billion to $19.1 billion.
• Deposits decreased $2.6 billion to $71.4 billion.
• Form 8-K
• Shares +0.85% PM.