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Comerica Bank reports nearly 12 percent increase in 4Q profit

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The parent of Comerica Bank reported this morning net income attributable to common shareholders of $143 million, or 77 cents per share, in the fourth quarter.

That’s compared with a net income of $128 million, or 68 cents per share, in the corresponding period a year ago.

For the full year, Comerica Inc. posted $561 million in net income attributable to common shareholders, or $3 a share, compared with $515 million, or $2.67 per share, in 2012.

Comerica Chairman and CEO Ralph W. Babb … [visit site to read more]


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