Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 86

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 86
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,433 $6,942 $77,558Loans 42,850 2,380 4,984— — 50,214Deposits32,750 23,638 3,6201,633 258 61,899Three Months Ended March 31, 2024Earnings summary:Net interest income (expense)$477 $200 $47$(217)$41 $548 Provision (benefit) for credit losses16 (1)1— (2)14 Noninterest income148 28 65(11)6 236 Salaries and benefits expense79 51 3614 168 348 Outside processing fee expense49 3 111 4 68 Occupancy expense6 24 31 10 44 Allocated corporate expense104 77 31(18)(194)— All other noninterest expenses (a)37 27 154 60 143 Noninterest expenses275 182 962 48 603 Provision (benefit) for income taxes56 8 2(41)4 29 Net income (loss)$278 $39 $13$(189)$(3)$138 Net charge-offs$14 $— $— $— $— $14Selected average balances:Assets$46,485 $3,026 $5,443$19,057 $9,606 $83,617Loans43,911 2,297 5,152— 12 51,372Deposits32,212 24,384 3,9004,539 275 65,310(a)All other noninterest expenses for each reportable business segment includes:i.Commercial Bank - Primarily FDIC insurance expense and gains on real estate and other assets.ii.Retail Bank - Primarily equipment expense and FDIC insurance expense.iii.Wealth Management - Primarily litigation-related expense and software expense.31

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and Subsidiaries

NOTE 15 - REVENUE FROM CONTRACTS WITH CUSTOMERS

Revenue from contracts with customers comprises the noninterest income earned by the Corporation in exchange for services provided to customers. The following table presents the composition of revenue from contracts with customers, segregated from other sources of noninterest income, by business segment.CommercialBankRetailBankWealth Management