Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 226

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 226
---
 as defined by and calculated in conformity with bank regulations. Tangible common equity is used by the Corporation to measure the quality of capital and the return relative to balance sheet risk. The tangible common equity ratio removes the effect of intangible assets from capital and total assets. Tangible common equity per share of common stock removes the effect of intangible assets from common shareholders' equity per share of common stock. 

The following table provides a reconciliation of non-GAAP financial measures and regulatory ratios used in this financial review with financial measures defined by GAAP.

(dollar amounts in millions, except per share data)March 31, 2025December 31, 2024Common Equity Tier 1 Capital (a):Tier 1 capital$9,106 $9,061 Less: Fixed-rate reset non-cumulative perpetual preferred stock394 394 Common equity tier 1 capital$8,712 $8,667 Risk-weighted assets$72,283 $72,903 Tier 1 capital ratio12.60  %12.43  %Common equity tier 1 capital ratio12.05 11.89 Tangible Common Equity Ratio:Total shareholders' equity$7,052 $6,543 Less:Fixed-rate reset non-cumulative perpetual preferred stock394 394 Common shareholders' equity$6,658 $6,149 Less:Goodwill635 635 Other intangible assets6 6 Tangible common equity$6,017 $5,508 Total assets$77,622 $79,297 Less:Goodwill635 635 Other intangible assets6 6 Tangible assets$76,981 $78,656 Common equity ratio8.58  %7.75  %Tangible common equity ratio7.82 7.00 Tangible Common Equity per Share of Common Stock:Common shareholders' equity$6,658 $6,149 Tangible common equity6,017 5,508 Shares of common stock outstanding (in millions)131 131 Common shareholders' equity per share of common stock$50.73 $46.79 Tangible common equity per share of common stock45.85 41.91 

(a)March 31, 2025 ratios are estimated.

Total uninsured deposits as calculated per regulatory guidance and reported on schedule RC-O of the Bank’s Call Report include affiliate deposits, which by definition have a