Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 50

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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6,066)Total shareholders’ equity7,429 6,543Total liabilities and shareholders’ equity$77,376 $79,297

See notes to consolidated financial statements (unaudited).

1

Table of ContentsCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited)Comerica Incorporated and Subsidiaries 

Three Months Ended September 30,Nine Months Ended September 30,(in millions, except per share data)2025202420252024INTEREST INCOMEInterest and fees on loans$779 $798 $2,309 $2,409 Interest on investment securities105 99 321 302 Interest on short-term investments62 85 171 261 Total interest income946 982 2,801 2,972 INTEREST EXPENSEInterest on deposits280 330 788 952 Interest on short-term borrowings11 1 28 47 Interest on medium- and long-term debt81 117 261 358 Total interest expense372 448 1,077 1,357 Net interest income574 534 1,724 1,615 Provision for credit losses22 14 86 28 Net interest income after provision for credit losses552 520 1,638 1,587 NONINTEREST INCOMECard fees57 64 175 194 Fiduciary income51 57 160 166 Service charges on deposit accounts47 46 140 137 Capital markets income37 39 110 106 Commercial lending fees17 17 50 50 Brokerage fees14 13 42 37 Bank-owned life insurance13 12 31 33 Letter of credit fees10 10 31 30 Risk management hedging income (loss)4 7 16 (1)Other noninterest income14 12 37 52 Total noninterest income264 277 792 804 NONINTEREST EXPENSESSalaries and benefits expense353 335 1,079 1,006 Outside processing fee expense69 69 200 205 Software expense50 46 146 135 Occupancy expense48 46 140 134 Equipment expense13 13 39 38 FDIC insurance expense10 11 35 66 Advertising expense10 10 29 30 Other noninterest expenses36 32