Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 602

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 602
---
— 2 Net cash (used in) provided by investing activities(883)150 2 Financing ActivitiesMedium- and long-term debt:Maturities— (850)— Issuances1,000 — — Cash dividends paid on preferred stock(23)(23)(23)Common Stock:Repurchases(100)— (36)Stock tendered for payment of withholding taxes(14)(17)(7)Cash dividends paid(377)(371)(353)Issuances under employee stock plans22 18 28 Net cash provided by (used in) financing activities508 (1,243)(391)Net (decrease) increase in cash and cash equivalents(197)(395)705 Cash and cash equivalents at beginning of period1,415 1,810 1,105 Cash and cash equivalents at end of period$1,218 $1,415 $1,810 Interest paid$115 $76 $41 

F-97

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTSComerica Incorporated and Subsidiaries

NOTE 24 - 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 income, by business segment.CommercialBankRetailBankWealth ManagementFinance & OtherTotal(in millions)Year Ended December 31, 2024Revenue from contracts with customers:Card fees$212 $40 $4 $— $256 Fiduciary income1 — 219 — 220 Service charges on deposit accounts 124 54 6 — 184 Commercial loan servicing fees (a)12 — — — 12 Capital markets income (b)22 — — — 22 Brokerage fees— 1 50 — 51 Other noninterest income (b)7 14 5 1 27 Total revenue from contracts with customers378 109 284 1 772 Other sources of noninterest income214 3 3 62 282 Total noninterest income$592 $112 $287 $63 $1,054 Year Ended December 31, 2023Revenue from contracts with customers:Card fees $231 $45 $