Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 46

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited)Comerica Incorporated and Subsidiaries

Accumulated Other Comprehensive LossNonredeemable Preferred StockCommon StockTotal Shareholders' EquityShares OutstandingCapital SurplusRetained EarningsTreasury Stock(in millions, except per share data)AmountBALANCE AT DECEMBER 31, 2023$394 131.9 $1,141 $2,224 $(3,048)$11,727 $(6,032)$6,406Cumulative effect of change in accounting principle (a)— — — — — (4)— (4)Net income— — — — — 138 — 138Other comprehensive loss, net of tax— — — — (409)— — (409)Cash dividends declared on common stock ($0.71 per share)— — — — — (94)— (94)Cash dividends declared on preferred stock— — — — — (6)— (6)Net issuance of common stock under employee stock plans— 0.6 — (49)— 4 37 (8)Share-based compensation— — — 27 — — — 27BALANCE AT MARCH 31, 2024$394 132.5 $1,141 $2,202 $(3,457)$11,765 $(5,995)$6,050BALANCE AT DECEMBER 31, 2024$394 131.4 $1,141 $2,218 $(3,161)$12,017 $(6,066)$6,543Net income— — — — — 172 — 172Other comprehensive income, net of tax— — — — 466 — — 466Cash dividends declared on common stock ($0.71 per share)— — — — — (93)— (93)Cash dividends declared on preferred stock— — — — — (6)— (6)Purchase of common stock— (0.7)— (1)— — (49)(50)Net issuance of common stock under employee stock plans— 0.5 — (46)— 3