Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 592

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 592
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acy require the maintenance of minimum amounts and ratios of CET1, Tier 1 and total capital (as defined in the regulations) to average and/or risk-weighted assets. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Corporation’s financial statements. At December 31, 2024 and 2023, the Corporation and its U.S. banking subsidiaries exceeded the ratios required for an institution to be considered “well capitalized.” For U.S. banking subsidiaries, those requirements were total risk-based capital, Tier 1 risk-based capital, CET1 risk-based capital and leverage ratios greater than 10 percent, 8 percent, 6.5 percent and 5 percent, respectively, at December 31, 2024 and 2023. For the Corporation, requirements to be considered "well capitalized" were total risk-based capital and Tier 1 risk-based capital ratios greater than 10 percent and 6 percent, respectively, at December 31, 2024 and 2023. There have been no conditions or events since December 31, 2024 that management believes have changed the capital adequacy classification of the Corporation or its U.S. banking subsidiaries.

F-90

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTSComerica Incorporated and Subsidiaries

The following is a summary of the capital position of the Corporation and Comerica Bank, its principal banking subsidiary.(dollar amounts in millions)ComericaIncorporated(Consolidated)ComericaBankDecember 31, 2024CET1 capital (minimum $3.3 billion (Consolidated))$8,667$8,547Tier 1 capital (minimum $4.4 billion (Consolidated))9,0618,547Total capital (minimum $5.8 billion (Consolidated))10,3639,799Risk-weighted assets72,90372,833Average assets (fourth quarter)81,79781,643CET1 capital to risk-weighted assets (minimum-4.5%)11.89 %11.74 %Tier 1 capital to risk-weighted assets (minimum-6.0%)12.4311.74Total capital to risk-weighted assets (minimum-8.0%)14.2113.45Tier 1 capital to average assets (minimum-4.0%)11.0810