Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 68

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 68
---
erica’s amortization of premiums and accretion of discounts on previously acquired loans and the amortization of net deferred origination fees on 
 portfolio loans.                                                                                                                                                                                                                       |

46

| B. | Adjustments to interest income to eliminate $27 million and $6 million for the nine months ended                                                                                                                                
 September 30, 2025 and the year ended December 31, 2024, respectively, related to Comerica’s amortization of premiums and accretion of discounts on previously acquired securities and to reflect $193 million and $257 million 
 for the nine months ended September 30, 2025 and the year ended December 31, 2024, respectively, related to the preliminary estimated amortization of premiums and accretion of discounts on available for sale securities.     |

| C. | Adjustments to interest expense to eliminate $1 million and $3 million for the nine months ended                                                                                                                                   
 September 30, 2025 and the year ended December 31, 2024, respectively, related to Comerica’s amortization of premiums and accretion of discounts on previously acquired deposits and to reflect the amortization of $1 million and 
 $2 million for the nine months ended September 30, 2025 and the year ended December 31, 2024, respectively, related to the preliminary estimated premium on acquired interest-bearing deposits.                                    |

| E. | Adjustment to noninterest expense to reflect the preliminary estimated merger and restructuring costs of 
 $1.3 billion expected to be incurred by Fifth Third for the year ended December 31, 2024.                |

| F. | Adjustments to noninterest expense to reflect the amortization of $154 million and $229 million for                                                                                                                                                                                      
 the nine months ended September 30, 2025 and the year ended December 31, 2024, respectively, related to the preliminary estimated core deposit intangible asset. The intangible asset amortization is based on the sum-of-years-digits method over an estimated useful life of 10 years. |

| H. | Dividends on preferred stock reflect the preliminary estimated dividend expense related to the conversion of                                                                                                                                       
 Comerica’s Series B Preferred Stock into a newly issued series of Fifth Third preferred stock, with terms not materially less favorable. The terms of the newly issued Fifth Third preferred stock are preliminarily estimated to be equivalent to 
 those of Comerica’s preferred stock.                                                                                                                                                                                                               |

47

CAUTIONARY STATEMENT REGARD