Comerica Incorporated net income $593 million
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Excluding the impact to 2013 results of an unfavorable jury verdict in a lender liability case, which decreased 2013 net income by $28 million, or 15 cents per share, 2014 net income increased $24 million, or 4 percent, and earnings per diluted share increased 16 cents, or 5 percent.
Fourth quarter 2014 results reflected net charges of $3 million, after tax, or 2 cents per share.
Fourth quarter 2014 results reflected net charges of $3 million, after tax, or 2 cents per share, from certain actions taken during the period, compared to a net benefit of $5 million, after tax, or 3 cents per share, in the third quarter.
Excluding the fourth quarter 2013 impact of the unfavorable jury verdict discussed above, fourth quarter 2014 net income increased $4 million, or 3 percent, and earnings per diluted share increased 3 cents, or 4 percent, compared to fourth quarter 2013. ■