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Comerica Incorporated – $63M

Friday, February 22nd, 2008

2008-02-22: According to its news release, Comerica Incorporated (CMA)'s net income for fiscal 2007 fell to $682 million from $782 million in 2006. Provisions for bad debt surged to $212 million from $37 million in 2006. For the fourth quarter the bank saw a 60% drop in net income. The bank's total ...