vs

Side-by-side financial comparison of COMERICA INC (CMA) and OLD NATIONAL BANCORP (ONB). Click either name above to swap in a different company.

COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $702.8M, roughly 1.2× OLD NATIONAL BANCORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 21.0%, a 12.2% gap on every dollar of revenue. On growth, COMERICA INC posted the faster year-over-year revenue change (3.3% vs 0.6%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 34.5%).

Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas. It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. Comerica is among the largest U.S. financial holding companies, with offices in a number of U.S. cities.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

CMA vs ONB — Head-to-Head

Bigger by revenue
CMA
CMA
1.2× larger
CMA
$838.0M
$702.8M
ONB
Growing faster (revenue YoY)
CMA
CMA
+2.7% gap
CMA
3.3%
0.6%
ONB
Higher net margin
ONB
ONB
12.2% more per $
ONB
33.3%
21.0%
CMA
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
34.5%
ONB

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CMA
CMA
ONB
ONB
Revenue
$838.0M
$702.8M
Net Profit
$176.0M
$233.7M
Gross Margin
Operating Margin
Net Margin
21.0%
33.3%
Revenue YoY
3.3%
0.6%
Net Profit YoY
-4.3%
61.5%
EPS (diluted)
$1.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMA
CMA
ONB
ONB
Q1 26
$702.8M
Q4 25
$580.8M
Q3 25
$838.0M
$574.6M
Q2 25
$849.0M
$514.8M
Q1 25
$829.0M
$387.6M
Q4 24
$825.0M
$394.2M
Q3 24
$811.0M
$391.7M
Q2 24
$824.0M
$388.4M
Net Profit
CMA
CMA
ONB
ONB
Q1 26
$233.7M
Q4 25
$216.6M
Q3 25
$176.0M
$182.6M
Q2 25
$199.0M
$125.4M
Q1 25
$172.0M
$144.7M
Q4 24
$170.0M
$153.9M
Q3 24
$184.0M
$143.8M
Q2 24
$206.0M
$121.2M
Operating Margin
CMA
CMA
ONB
ONB
Q1 26
Q4 25
46.7%
Q3 25
40.5%
Q2 25
30.2%
Q1 25
46.8%
Q4 24
47.2%
Q3 24
47.2%
Q2 24
40.3%
Net Margin
CMA
CMA
ONB
ONB
Q1 26
33.3%
Q4 25
37.3%
Q3 25
21.0%
31.8%
Q2 25
23.4%
24.4%
Q1 25
20.7%
37.3%
Q4 24
20.6%
39.0%
Q3 24
22.7%
36.7%
Q2 24
25.0%
31.2%
EPS (diluted)
CMA
CMA
ONB
ONB
Q1 26
Q4 25
$0.55
Q3 25
$1.35
$0.46
Q2 25
$1.42
$0.34
Q1 25
$1.25
$0.44
Q4 24
$1.22
$0.47
Q3 24
$1.33
$0.44
Q2 24
$1.49
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMA
CMA
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$7.4B
$8.5B
Total Assets
$77.4B
$73.0B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
ONB
ONB
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Total Debt
CMA
CMA
ONB
ONB
Q1 26
Q4 25
Q3 25
$5.4B
Q2 25
$5.8B
Q1 25
$5.7B
Q4 24
$6.7B
Q3 24
$6.8B
Q2 24
$7.1B
Stockholders' Equity
CMA
CMA
ONB
ONB
Q1 26
$8.5B
Q4 25
$8.5B
Q3 25
$7.4B
$8.3B
Q2 25
$6.9B
$8.1B
Q1 25
$7.1B
$6.5B
Q4 24
$6.5B
$6.3B
Q3 24
$7.4B
$6.4B
Q2 24
$6.2B
$6.1B
Total Assets
CMA
CMA
ONB
ONB
Q1 26
$73.0B
Q4 25
$72.2B
Q3 25
$77.4B
$71.2B
Q2 25
$78.0B
$71.0B
Q1 25
$77.6B
$53.9B
Q4 24
$79.3B
$53.6B
Q3 24
$79.7B
$53.6B
Q2 24
$79.6B
$53.1B
Debt / Equity
CMA
CMA
ONB
ONB
Q1 26
Q4 25
Q3 25
0.73×
Q2 25
0.84×
Q1 25
0.81×
Q4 24
1.02×
Q3 24
0.92×
Q2 24
1.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMA
CMA
ONB
ONB
Operating Cash FlowLast quarter
$-270.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
ONB
ONB
Q1 26
Q4 25
$159.2M
Q3 25
$-270.0M
$341.2M
Q2 25
$476.0M
$72.9M
Q1 25
$273.0M
$108.2M
Q4 24
$601.0M
$235.8M
Q3 24
$1.0B
$121.3M
Q2 24
$111.0M
$161.0M
Free Cash Flow
CMA
CMA
ONB
ONB
Q1 26
Q4 25
$137.3M
Q3 25
$333.6M
Q2 25
$64.1M
Q1 25
$102.4M
Q4 24
$229.0M
Q3 24
$115.7M
Q2 24
$151.6M
FCF Margin
CMA
CMA
ONB
ONB
Q1 26
Q4 25
23.6%
Q3 25
58.1%
Q2 25
12.4%
Q1 25
26.4%
Q4 24
58.1%
Q3 24
29.5%
Q2 24
39.0%
Capex Intensity
CMA
CMA
ONB
ONB
Q1 26
Q4 25
3.8%
Q3 25
1.3%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
1.7%
Q3 24
1.4%
Q2 24
2.4%
Cash Conversion
CMA
CMA
ONB
ONB
Q1 26
Q4 25
0.73×
Q3 25
-1.53×
1.87×
Q2 25
2.39×
0.58×
Q1 25
1.59×
0.75×
Q4 24
3.54×
1.53×
Q3 24
5.70×
0.84×
Q2 24
0.54×
1.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons