Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 19

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 19
---
 shareholders' equity increased $886 million, primarily reflecting a decrease in accumulated unrealized losses on investment securities available-for-sale and cash flow hedges, as well as net income recorded during the period.

51

Average Balances

Total assets decreased $958 million to $78.3 billion for the three months ended September 30, 2025, compared to the three months ended December 31, 2024, which included decreases of $684 million in investment securities and $267 million in interest-bearing deposits with banks. The following table provides information about the change in the Corporation's average loan portfolio by loan type.

Three Months EndedPercentChange(dollar amounts in millions)September 30, 2025December 31, 2024ChangeCommercial loans $26,500 $26,198 $302 1 %Real estate construction loans2,900 3,765 (865)(23)Commercial mortgage loans15,283 14,728 555 4 Lease financing776 752 24 3 International loans1,115 988 127 13 Residential mortgage loans1,954 1,921 33 2 Consumer loans2,227 2,265 (38)(2)Total loans$50,755 $50,617 $138 — %

By line of business, the $138 million increase in loans included increases of $415 million in Environmental Services, $200 million in Wealth Management and $162 million in Technology and Life Sciences, as well as smaller increases in other business lines, mostly offset by decreases of $481 million in National Dealer Services and $312 million in Commercial Real Estate.

Total liabilities decreased $1.3 billion to $71.2 billion for the three months ended September 30, 2025, compared to the three months ended December 31, 2024, primarily reflecting decreases of $1.3 billion in noninterest-bearing deposits and $1.2 billion in medium- and long-term debt, partially offset by increases of $965 million in short-term borrowings and $687 million in interest-bearing deposits. The following table provides information about the change in the Corporation's average deposits and borrowed funds by type.

Three Months EndedPercentChange(dollar amounts in millions)September 30, 2025December 31, 2024ChangeNoninterest-bearing deposits$22,923 $24,222 $(1,299)(5)%Money market and interest-bearing checking deposits33