Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 156

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 156
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,292 |     | $     | 91,656 |     | $     | 96,239 |
| Risk weighted assets ($ millions)                                           |     | $     | 73,759 |     | $     | 77,411 |     | $     | 81,336 |     | $     | 85,460 |     | $     | 89,796 |

105

Comerica Prospective Financial Information Used by J.P. Morgan The following table presents the forecasts of Comerica’s 2025 through 2031 NIAT available to common shareholders, earnings per share, total assets and risk-weighted assets that were used by J.P. Morgan at the direction of the Comerica board of directors in the financial analyses performed in connection with J.P. Morgan’s opinion:

| Comerica Standalone Prospective Financial Information Used by J.P. Morgan 
 Income Statement                                                          |     | 2025E |        |     | 2026E |        |     | 2027E |        |     | 2028E |        |     | 2029E |        |     | 2030E |        |     | 2031E |         |
|:--------------------------------------------------------------------------|:----|:------|-------:|:----|:------|-------:|:----|:------|-------:|:----|:------|-------:|:----|:------|-------:|:----|:------|-------:|:----|:------|--------:|
| NIAT to common ($ millions)                                               |     | $     |    666 |     | $     |    675 |     | $     |    676 |     | $     |    786 |     | $     |    866 |     | $     |    910 |     | $     |     937 |
| Earnings per share ($)                                                    |     | $     |   5.10 |     | $     |   5.39 |     | $     |   5.38 |     | $     |   6.22 |     | $     |   6.81 |     | $     |   7.10 |     | $     |    7.27 |
| Balance Sheet and Capital                                                 |     |       |        |     |       |        |     |       |        |     |       |        |     |       |