Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 37

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 37
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23,100 2.56%2.7 

(a)Years to maturity calculated from a starting date of June 30, 2025.

The analysis also includes interest rate swaps that convert $5.8 billion of fixed-rate medium- and long-term debt and FHLB advances to variable rates through fair value hedges. Additionally, included in this analysis are $16.1 billion of loans that were subject to an average interest rate floor of 52 basis points at June 30, 2025. This base-case net interest income is then compared against interest rate scenarios in which short-term rates rise or decline 100 or 200 basis points (with a floor of 0%) in a linear, non-parallel fashion from the base case over 12 months, resulting in an average change of 50 or 100 basis points over the period.

The table below, as of June 30, 2025 and December 31, 2024, displays the estimated impact on net interest income during the next 12 months by relating the base case scenario results to those from the rising and declining rate scenarios described above.

Estimated Annual ChangeJune 30, 2025December 31, 2024(dollar amounts in millions)Amount%Amount%Change in Interest Rates:Change in Interest Rates:Rising 100 basis points$(36)(2) %Rising 100 basis points$(26)(1) %(50 basis points on average)(50 basis points on average)Declining 100 basis points18 1 Declining 100 basis points12 1 (50 basis points on average)(50 basis points on average)Rising 200 basis points(85)(4)Rising 200 basis points(67)(3)(100 basis points on average)(100 basis points on average)Declining 200 basis points22 1 Declining 200 basis points12 1 (100 basis points on average)(100 basis points on average)

Sensitivity to both rising and declining interest rates increased slightly from December 31, 2024 to June 30, 2025 due to changes in balance sheet mix dynamics.

60

At June 30, 2025, additional sensitivity scenarios applied the rising and declining 100 basis point scenario assumptions with a 60% incremental deposit beta relative to the base case scenario to assess the impact of the Corporation's deposit beta assumptions. In these rising and declining scenarios, net interest income decreased by $66 million and increased by $