The parent of Comerica Bank said today second-quarter earnings rose 5.7 percent on loan growth, lower expenses and strong credit quality.
Net income attributable to common shares was $149 million, or 80 cents per share, in the second quarter, compared with $141 million, or 76 cents per share, in the year-ago period.
Net interest income rose to $416 million in the quarter, from $414 million a year ago.
Noninterest expenses fell to $404 million, from $416 million.
Meanwhile, the … [visit site to read more]