Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 474

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 474
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 Funds

(in millions)PercentChangeYears Ended December 3120242023ChangeNoninterest-bearing deposits$25,082 $30,882 $(5,800)(19)%Money market and interest-bearing checking deposits30,203 26,054 4,149 16 Savings deposits2,243 2,774 (531)(19)Customer certificates of deposit3,733 2,708 1,025 38 Other time deposits2,617 3,577 (960)(27)Foreign office time deposits23 23 — — Total deposits$63,901 $66,018 $(2,117)(3)%Short-term borrowings$837 $7,218 $(6,381)(88)Medium- and long-term debt6,882 5,847 1,035 18 Total borrowed funds$7,719 $13,065 $(5,346)n/m

n/m - not meaningful

(in millions)PercentChangeYears Ended December 31,20242023ChangeAverage Deposits By Business Line:General Middle Market$17,259 $16,962 $297 2 %Technology and Life Sciences3,001 3,607 (606)(17)Equity Fund Services904 976 (72)(7)National Dealer Services864 1,022 (158)(15)Environmental Services381 361 20 5 Energy364 574 (210)(37)Entertainment345 268 77 29 Total Middle Market23,118 23,770 (652)(3)Corporate Banking4,067 3,788 279 7 Business Banking3,511 3,569 (58)(2)Commercial Real Estate1,550 1,582 (32)(2)Mortgage Banker Finance18 310 (292)(94)Total Commercial Bank 32,264 33,019 (755)(2)Total Retail Bank 24,292 24,363 (71)— Total Wealth Management 3,894 4,130 (236)(6)Total Finance and Other3,451 4,506 (1,055)(23)Total deposits$63,901 $66,018 $(2,117)(3)%

Average deposits decreased $2.1 billion to $63.9 billion in 2024, compared to $66.0 billion in