Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 520

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 520
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 net cash provided by operating activities:Provision for credit losses49 89 60 Benefit for deferred income taxes(1)(92)(27)Depreciation and amortization96 87 92 Net periodic defined benefit credit(47)(27)(91)Share-based compensation expense54 52 60 Net amortization of securities7 19 30 Net securities losses19 — — Net gains on sales of foreclosed and other bank property(17)(36)(2)Net change in:Accrued income receivable83 (65)(152)Accrued expenses payable(157)348 131 Other, net(183)(5)(614)Net cash provided by operating activities601 1,251 638 INVESTING ACTIVITIESInvestment securities available-for-sale:Maturities and redemptions2,213 2,485 2,511 Sales816 — — Purchases(1,332)— (7,470)Net change in loans1,514 1,265 (4,824)Proceeds from sales of foreclosed and other bank property22 44 3 Net increase in premises and equipment(153)(153)(82)Federal Home Loan Bank stock:Purchases(613)(504)(131)Redemptions759 325 — Proceeds from bank-owned life insurance settlements35 30 39 Other, net— 2 2 Net cash provided by (used in) investing activities3,261 3,494 (9,952)FINANCING ACTIVITIESNet change in:Deposits(3,003)(4,634)(10,401)Short-term borrowings(3,565)354 3,211 Medium- and long-term debt:Maturities and redemptions(500)(850)— Issuances and advances1,000 4,000 500 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 Other, net— (2)(2)Net cash used in financing activities(6,560)(1,525)(7,083)Net (decrease) increase in cash and cash equivalents(2,698)3,220 (16