Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 96

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 96
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Business segment financial results were as follows:(dollar amounts in millions)CommercialBankRetailBankWealth ManagementFinanceOtherTotalThree Months Ended September 30, 2025Earnings summary:Net interest income (expense)$453 $240 $50$(209)$40 $574 Provision for credit losses14 2 6— — 22 Noninterest income143 28 6920 4 264 Salaries and benefits expense78 48 3415 178 353 Outside processing fee expense50 2 111 5 69 Occupancy expense5 27 31 12 48 Allocated corporate expense116 79 34(18)(211)— All other noninterest expenses (a)26 16 161 60 119 Total noninterest expenses275 172 98— 44 589 Provision (benefit) for income taxes72 23 4(47)(1)51 Net income (loss)$235 $71 $11$(142)$1 $176 Net charge-offs$29 $1 $2 $— $— $32Selected average balances:Assets $45,314 $3,058 $5,311$16,955 $7,638 $78,276Loans 43,141 2,421 5,184— 9 50,755Deposits34,159 23,321 3,8601,134 261 62,735Three Months Ended September 30, 2024Earnings summary:Net interest income (expense)$464 $205 $46$(220)$39 $534 Provision for credit losses6 4 3— 1 14 Noninterest income149 24 7326 5 277 Salaries and benefits expense75 49 3314 164 335 Outside processing fee expense49 2 102 6 69 Occupancy expense6 26 31 10 46 Allocated corporate expense102 78 30(17)(193)— All other noninterest expenses (a)20 20 141 57 112 Total noninterest expenses252 175 901 44 562 Provision (benefit) for income taxes83 12 7(48)(3)51 Net income (loss)$272 $38 $19$(147)$2 $