Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 93

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 93
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9513,032 306 63,055(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 professional fees and software expense.35

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and Subsidiaries(dollar amounts in millions)CommercialBankRetailBankWealth ManagementFinanceOtherTotalSix Months Ended June 30, 2025Earnings Summary:Net interest income (expense)$925 $499 $95 $(451)$82 $1,150 Provision (benefit) for credit losses79 (7)(7)— (1)64 Noninterest income284 52 147 40 5 528 Salaries and benefits expense157 100 69 33 367 726 Outside processing fee expense94 4 20 3 10 131 Occupancy expense12 50 6 1 23 92 Allocated corporate expense238 153 63 (39)(415)— All other noninterest expenses (a)18 40 24 4 110 196 Total noninterest expenses519 347 182 2 95 1,145 Provision (benefit) for income taxes130 50 16 (99)1 98 Net income (loss)$481 $161 $51 $(314)$(8)$371 Net charge-offs$51 $3 $— $— $— $54 Selected Average Balances:Assets $45,168 $3,057 $5,206 $17,272 $6,847 $77,550 Loans 43,000 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