Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 599

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 599
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 income603 119 307 37 12 1,078 Salaries and benefits expense295 222 171 45 573 1,306 Outside processing fee expense201 20 35 7 14 277 Occupancy expense23 98 12 2 36 171 Allocated corporate expense377 263 120 (59)(701)— All other noninterest expenses (a)210 125 64 18 188 605 Total noninterest expenses1,106 728 402 13 110 2,359 Provision (benefit) for income taxes342 58 29 (164)(2)263 Net income (loss)$1,116 $176 $90 $(505)$4 $881 Net charge-offs$20 $2 $— $— $— $22 Selected average balances:Assets$49,458 $2,960 $5,500 $20,139 $9,137 $87,194 Loans46,432 2,237 5,232 — 2 53,903 Deposits33,019 24,363 4,130 4,169 337 66,018 Table continues on the following page.

F-94

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTSComerica Incorporated and Subsidiaries

(dollar amounts in millions)Commercial BankRetailBankWealth ManagementFinanceOtherTotalYear Ended December 31, 2022Earnings summary:Net interest income (expense)$1,761 $680 $199 $(195)$21 $2,466 Provision for credit losses32 11 9 — 8 60 Noninterest income607 122 298 59 (18)1,068 Salaries and benefits expense275 226 154 44 509 1,208 Outside processing fee expense185 22 27 4 13 251 Occupancy expense21 107 12 2 33 175 Allocated corporate expense394 241 120 (55)(700)— All other noninterest expenses (a)89 94 35 6 140 364 Total noninterest expenses964 690 348 1 (5)1,998 Provision (benefit) for income taxes315 22