Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 593

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 593
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.47Capital conservation buffer (minimum-2.5%)6.215.45December 31, 2023CET1 capital (minimum $3.4 billion (Consolidated))$8,414 $8,007 Tier 1 capital (minimum $4.6 billion (Consolidated))8,808 8,007 Total capital (minimum $6.1 billion (Consolidated))10,263 9,362 Risk-weighted assets75,901 75,783 Average assets (fourth quarter)87,538 87,423 CET1 capital to risk-weighted assets (minimum-4.5%)11.09 %10.57 %Tier 1 capital to risk-weighted assets (minimum-6.0%)11.60 10.57 Total capital to risk-weighted assets (minimum-8.0%)13.52 12.35 Tier 1 capital to average assets (minimum-4.0%)10.06 9.16 Capital conservation buffer (minimum-2.5%)5.52 4.35 

NOTE 21 - CONTINGENT LIABILITIES

Legal Proceedings and Regulatory MattersThe Corporation is subject to various pending or threatened legal proceedings arising out of the normal course of business or operations. Use of the term "Corporation" in this note should not be read to infer that Comerica Incorporated or any of its subsidiaries that is not named in any legal or regulatory proceeding undertakes any responsibility or liability for any other affiliate that is actually named in any legal or regulatory proceeding. The Corporation believes it has meritorious defenses to the claims asserted against it in its currently outstanding legal proceedings and, with respect to such legal proceedings, intends to continue to defend itself vigorously, litigating or settling cases according to management’s judgment as to what is in the best interests of the Corporation and its shareholders. Settlement may result from the Corporation's determination that it may be more prudent financially to settle, rather than litigate, and should not be regarded as an admission of liability. Further, from time to time, the Corporation is also subject to examinations, inquiries and investigations by regulatory authorities in areas including, but not limited to, compliance, risk management and consumer protection, which could lead to administrative or legal proceedings or settlements. Remedies in resulting proceedings or settlements may include fines, penalties, restitution or alterations in the Corporation's business practices and may result in increased operating expenses or decreased revenues