Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 195

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 195
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000 2,394 5,044 — 3 50,441 Deposits32,510 23,539 3,598 1,650 272 61,569 Six Months Ended June 30, 2024Earnings Summary:Net interest income (expense)$942 $404 $94 $(437)$78 $1,081 Provision (benefit) for credit losses16 — (1)— (1)14 Noninterest income293 61 143 23 7 527 Salaries and benefits expense150 100 69 28 324 671 Outside processing fee expense98 5 21 2 10 136 Occupancy expense12 51 6 2 17 88 Allocated corporate expense198 151 60 (35)(374)— All other noninterest expenses (a)67 51 29 7 109 263 Total noninterest expenses525 358 185 4 86 1,158 Provision (benefit) for income taxes142 22 11 (87)4 92 Net income (loss)$552 $85 $42 $(331)$(4)$344 Net charge-offs$22 $2 $1 $— $— $25 Selected Average Balances:Assets$46,163 $3,028 $5,372 $18,752 $8,097 $81,412 Loans43,810 2,309 5,089 — 13 51,221 Deposits31,694 24,487 3,925 3,786 291 64,183 (a)All other noninterest expenses for each reportable business segment includes:i.Commercial Bank - Primarily net benefit from settlements and dismissed litigation and FDIC insurance expense.ii.Retail Bank - Primarily equipment expense and FDIC insurance expense.iii.Wealth Management - Primarily litigation-related expense and software expense.36

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and Subsidiaries

NOTE 16 - REVENUE FROM CONTRACTS WITH CUSTOMERS

Revenue from contracts with customers comprises the noninterest income earned by the Corporation in exchange for services provided to customers. The following table presents the composition of revenue from contracts with customers, segregated from other sources of noninterest