Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 51

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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66 106 Total noninterest expenses589 562 1,734 1,720 Income before income taxes227 235 696 671 Provision for income taxes51 51 149 143 NET INCOME176 184 547 528 Less:Income allocated to participating securities1 1 3 3 Preferred stock dividends and other— 6 17 17 Net income attributable to common shares$175 $177 $527 $508 Earnings per common share:Basic$1.36 $1.34 $4.05 $3.83 Diluted1.35 1.33 4.01 3.80 Comprehensive income414 1,292 1,447 1,221 Cash dividends declared on common stock91 94 277 283 Cash dividends declared per common share0.71 0.71 2.13 2.13 

See notes to consolidated financial statements (unaudited).

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Table of ContentsCONSOLIDATED 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 JUNE 30, 2024$394 132.6 $1,141 $2,210 $(3,463)$11,867 $(5,988)$6,161Net income— — — — — 184 — 184Other comprehensive income, net of tax— — — — 1,108 — — 1,108Cash 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— 0.1 — (2)— (2)8 4Share-based compensation— — — 9 — — — 9BALANCE AT SEPTEMBER 30, 2024$394 132.7 $1,141 $2,217 $(2,355)$11,949