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Comerica sees 20 percent increase in third-quarter profit

UPDATED to reflect net income attributable to common shares

The parent of Comerica Bank reported this morning a nearly 20 percent rise in third-quarter profit.

Net income for the three months ending Sept. 30 was $117 million $116 million, or 61 cents per share, compared with $98 million $97 million, or 51 cents per share.

Dallas-based Comerica Inc., however, missed Wall Street estimates of 64 cents per share, according to analysts surveyed by … [visit site to read more]


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