Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 49

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 49
---
Item 1. Financial Statements

CONSOLIDATED BALANCE SHEETS

Comerica Incorporated and Subsidiaries

(in millions, except share data)September 30, 2025December 31, 2024(unaudited)ASSETSCash and due from banks$986 $850Interest-bearing deposits with banks4,053 5,954Other short-term investments325 375Investment securities available-for-sale14,816 15,045Commercial loans26,755 26,492Real estate construction loans2,849 3,680Commercial mortgage loans15,190 14,493Lease financing782 722International loans1,116 952Residential mortgage loans1,938 1,929Consumer loans2,256 2,271Total loans50,886 50,539Allowance for loan losses(686)(690)Net loans50,200 49,849Premises and equipment432 473Accrued income and other assets6,564 6,751Total assets$77,376 $79,297LIABILITIES AND SHAREHOLDERS’ EQUITYNoninterest-bearing deposits$22,581 $24,425Money market and interest-bearing checking deposits33,839 32,714Savings deposits2,014 2,138Customer certificates of deposit3,424 3,450Other time deposits707 1,052Foreign office time deposits31 32Total interest-bearing deposits40,015 39,386Total deposits62,596 63,811Accrued expenses and other liabilities1,929 2,270Medium- and long-term debt5,422 6,673Total liabilities69,947 72,754Preferred stock - no par value:Authorized - 10,000,000 sharesIssued and outstanding - 400,000 shares at 9/30/2025 and 4,000 shares at 12/31/2024392 394Common stock - $5 par value:Authorized - 325,000,000 sharesIssued - 228,164,824 shares1,141 1,141Capital surplus2,197 2,218Accumulated other comprehensive loss(2,261)(3,161)Retained earnings12,268 12,017Less cost of common stock in treasury - 100,575,744 shares at 9/30/2025 and 96,755,368 shares at 12/31/2024(6,308)(