vs
Side-by-side financial comparison of COMERICA INC (CMA) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $838.0M, roughly 1.1× COMERICA INC). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 21.0%, a 8.5% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 9.6%).
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.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
CMA vs ZION — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $891.0M |
| Net Profit | $176.0M | $263.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 21.0% | 29.5% |
| Revenue YoY | 3.3% | 8.7% |
| Net Profit YoY | -4.3% | 21.8% |
| EPS (diluted) | $1.35 | $1.77 |
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.
| Q4 25 | — | $891.0M | ||
| Q3 25 | $838.0M | $861.0M | ||
| Q2 25 | $849.0M | $838.0M | ||
| Q1 25 | $829.0M | $795.0M | ||
| Q4 24 | $825.0M | $820.0M | ||
| Q3 24 | $811.0M | $792.0M | ||
| Q2 24 | $824.0M | $777.0M | ||
| Q1 24 | $784.0M | $742.0M |
| Q4 25 | — | $263.0M | ||
| Q3 25 | $176.0M | $222.0M | ||
| Q2 25 | $199.0M | $244.0M | ||
| Q1 25 | $172.0M | $170.0M | ||
| Q4 24 | $170.0M | $216.0M | ||
| Q3 24 | $184.0M | $214.0M | ||
| Q2 24 | $206.0M | $201.0M | ||
| Q1 24 | $138.0M | $153.0M |
| Q4 25 | — | 29.5% | ||
| Q3 25 | 21.0% | 25.8% | ||
| Q2 25 | 23.4% | 29.1% | ||
| Q1 25 | 20.7% | 21.4% | ||
| Q4 24 | 20.6% | 26.3% | ||
| Q3 24 | 22.7% | 27.0% | ||
| Q2 24 | 25.0% | 25.9% | ||
| Q1 24 | 17.6% | 20.6% |
| Q4 25 | — | $1.77 | ||
| Q3 25 | $1.35 | $1.48 | ||
| Q2 25 | $1.42 | $1.63 | ||
| Q1 25 | $1.25 | $1.13 | ||
| Q4 24 | $1.22 | $1.34 | ||
| Q3 24 | $1.33 | $1.37 | ||
| Q2 24 | $1.49 | $1.28 | ||
| Q1 24 | $0.98 | $0.96 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $5.4B | $1.5B |
| Stockholders' EquityBook value | $7.4B | $7.2B |
| Total Assets | $77.4B | $89.0B |
| Debt / EquityLower = less leverage | 0.73× | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.5B | ||
| Q3 25 | $5.4B | $1.5B | ||
| Q2 25 | $5.8B | $970.0M | ||
| Q1 25 | $5.7B | $964.0M | ||
| Q4 24 | $6.7B | $950.0M | ||
| Q3 24 | $6.8B | $548.0M | ||
| Q2 24 | $7.1B | $546.0M | ||
| Q1 24 | $7.1B | $544.0M |
| Q4 25 | — | $7.2B | ||
| Q3 25 | $7.4B | $6.9B | ||
| Q2 25 | $6.9B | $6.6B | ||
| Q1 25 | $7.1B | $6.3B | ||
| Q4 24 | $6.5B | $6.1B | ||
| Q3 24 | $7.4B | $6.4B | ||
| Q2 24 | $6.2B | $6.0B | ||
| Q1 24 | $6.0B | $5.8B |
| Q4 25 | — | $89.0B | ||
| Q3 25 | $77.4B | $88.5B | ||
| Q2 25 | $78.0B | $88.9B | ||
| Q1 25 | $77.6B | $88.0B | ||
| Q4 24 | $79.3B | $88.8B | ||
| Q3 24 | $79.7B | $87.0B | ||
| Q2 24 | $79.6B | $87.6B | ||
| Q1 24 | $79.4B | $87.1B |
| Q4 25 | — | 0.21× | ||
| Q3 25 | 0.73× | 0.21× | ||
| Q2 25 | 0.84× | 0.15× | ||
| Q1 25 | 0.81× | 0.15× | ||
| Q4 24 | 1.02× | 0.16× | ||
| Q3 24 | 0.92× | 0.09× | ||
| Q2 24 | 1.15× | 0.09× | ||
| Q1 24 | 1.18× | 0.09× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-270.0M | $1.1B |
| Free Cash FlowOCF − Capex | — | $952.0M |
| FCF MarginFCF / Revenue | — | 106.8% |
| Capex IntensityCapex / Revenue | — | 13.6% |
| Cash ConversionOCF / Net Profit | -1.53× | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | $-270.0M | $438.0M | ||
| Q2 25 | $476.0M | $-62.0M | ||
| Q1 25 | $273.0M | $179.0M | ||
| Q4 24 | $601.0M | $1.1B | ||
| Q3 24 | $1.0B | $119.0M | ||
| Q2 24 | $111.0M | $251.0M | ||
| Q1 24 | $-205.0M | $261.0M |
| Q4 25 | — | $952.0M | ||
| Q3 25 | — | $413.0M | ||
| Q2 25 | — | $-93.0M | ||
| Q1 25 | — | $152.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $234.0M | ||
| Q1 24 | — | $231.0M |
| Q4 25 | — | 106.8% | ||
| Q3 25 | — | 48.0% | ||
| Q2 25 | — | -11.1% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 128.2% | ||
| Q3 24 | — | 12.2% | ||
| Q2 24 | — | 30.1% | ||
| Q1 24 | — | 31.1% |
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | — | 4.08× | ||
| Q3 25 | -1.53× | 1.97× | ||
| Q2 25 | 2.39× | -0.25× | ||
| Q1 25 | 1.59× | 1.05× | ||
| Q4 24 | 3.54× | 5.31× | ||
| Q3 24 | 5.70× | 0.56× | ||
| Q2 24 | 0.54× | 1.25× | ||
| Q1 24 | -1.49× | 1.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
