Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 21

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 21
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 following table presents the minimum ratios required under the Basel III regulatory framework to which the Corporation is subject.

Common equity tier 1 capital to risk-weighted assets4.5  %Tier 1 capital to risk-weighted assets6.0 Total capital to risk-weighted assets8.0 Capital conservation buffer (a)2.5 Tier 1 capital to adjusted average assets (leverage ratio)4.0 

(a)In addition to the minimum risk-based capital requirements, the Corporation is required to maintain a minimum capital conservation buffer, in the form of common equity, in order to avoid restrictions on capital distributions and discretionary bonuses.

The Corporation's capital ratios exceeded minimum regulatory requirements as follows:

June 30, 2025December 31, 2024(dollar amounts in millions)Capital/AssetsRatioCapital/AssetsRatioCommon equity tier 1 (a), (b)$8,718 11.94  %$8,667 11.89  %Tier 1 risk-based (a), (b)8,718 11.94 9,061 12.43 Total risk-based (a) 10,030 13.74 10,363 14.21 Leverage (a) 8,718 10.90 9,061 11.08 Common shareholders' equity 6,860 8.80 6,149 7.75 Tangible common equity (b)6,220 8.04 5,508 7.00 Risk-weighted assets (a)72,988 72,903 

(a)June 30, 2025 capital, risk-weighted assets and ratios are estimated.

(b)See Supplemental Financial Data section for reconciliations of non-GAAP financial measures and regulatory ratios.

Common shareholders’ equity at June 30, 2025 included $2.5 billion in accumulated other comprehensive losses, with approximately $2.1 billion of those losses relating to balances recorded in total assets, comprised of valuation adjustments to available-for-sale securities and pension assets, as well as related deferred tax assets. These amounts impacted the common shareholders’ equity ratio at June 30, 2025 by 288 basis points; the impact on the tangible common equity ratio using the same calculation method was 293 basis points. Average common shareholders' equity and return on average common shareholders' equity for the three months ended June 30, 2025 was $6