Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 515

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 515
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 equity5,508 5,369 Shares of common stock outstanding (in millions)131 132 Common shareholders' equity per share of common stock$46.79 $45.58 Tangible common equity per share of common stock41.91 40.70 

F-39

Table of ContentsCONSOLIDATED BALANCE SHEETSComerica Incorporated and Subsidiaries

(in millions, except share data)December 3120242023ASSETSCash and due from banks$850 $1,443 Interest-bearing deposits with banks5,954 8,059 Other short-term investments375 399 Investment securities available-for-sale15,045 16,869 Commercial loans26,492 27,251 Real estate construction loans3,680 5,083 Commercial mortgage loans14,493 13,686 Lease financing722 807 International loans952 1,102 Residential mortgage loans1,929 1,889 Consumer loans2,271 2,295 Total loans50,539 52,113 Allowance for loan losses(690)(688)Net loans49,849 51,425 Premises and equipment473 445 Accrued income and other assets6,751 7,194 Total assets$79,297 $85,834 LIABILITIES AND SHAREHOLDERS’ EQUITYNoninterest-bearing deposits$24,425 $27,849 Money market and interest-bearing checking deposits32,714 28,246 Savings deposits2,138 2,381 Customer certificates of deposit3,450 3,723 Other time deposits1,052 4,550 Foreign office time deposits32 13 Total interest-bearing deposits39,386 38,913 Total deposits63,811 66,762 Short-term borrowings— 3,565 Accrued expenses and other liabilities2,270 2,895 Medium- and long-term debt6,673 6,206 Total liabilities72,754 79,428 Fixed-rate reset non-cumulative perpetual preferred stock, series A, no par value, $100,000 liquidation preference per share:Authorized - 4,000 sharesIssued - 4,000 shares394 394 Common stock - $5 par value:Authorized - 325,000,000 sharesIssued - 228,164,824 shares1,