• Comerica average return on tangible equity for 2023 was 20.44, a 37.74% decline from 2022.
• Comerica average return on tangible equity for 2022 was 14.84, a 11.5% increase from 2021.
• Comerica average return on tangible equity for 2021 was 13.31, a 63.71% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.