Comerica Inc - Company Profile
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Comerica Inc (Comerica) is a financial services company that provides a range of banking and financial solutions. The company's main activities include offering commercial banking, retail banking, and wealth management services. Comerica's major products and services encompass commercial loans, consumer lending, deposit accounts, and investment management. The company serves small and middle-market businesses, multinational corporations, governmental entities, and high-net-worth individuals. Comerica operates through a network of banking centers and commercial offices across the US, Canada, and Mexico. Its geographic presence includes major the US metropolitan areas and regions such as Texas, California, Michigan, Arizona, and Florida. Comerica is headquartered in Dallas, Texas, the US.
Headquarters
United States of America
Address
1717 Main Street Mc6404, Attn: Kelly Gage, Dallas, Texas, 75201
Website
www.comerica.com
Telephone
1 833 5710486
No of Employees
7,565
Industry
Financial Services
Revenue (2025)
$4.8B
Comerica Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts/Deposits: | Wealth Management | Comerica |
| Checking Accounts | Treasury Management | |
| Savings Account | Asset and Liability Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company merged with Fifth Third Bancorp, a bank holding company. |
| 2025 | Others | In June, the company’s Comerica Bank announced that it became an early adopter of The Clearing House's revised rules for domestic On-Behalf-Of (OBO) payments on the RTP network, the largest instant payments network in the United States. |
| 2025 | Contracts/Agreements | In February, Comerica Bank entered into a partnership with West Angeles Community Development Corporation and Los Angeles Mission to collect critical supplies for residents. |
Competitor Comparison
| Key Parameters | Comerica Inc | Cullen/Frost Bankers Inc | Texas Capital Bancshares Inc | Prosperity Bancshares Inc | International Bancshares Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Dallas | San Antonio | Dallas | Houston | Laredo |
| State/Province | Texas | Texas | Texas | Texas | Texas |
| No. of Employees | 7,565 | 6,008 | 1,785 | 3,941 | 2,126 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Curtis C. Farmer | Chairman; President; Chief Executive Officer | Executive Board | 2020 | 63 |
| James J. Herzog | Senior Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 63 |
| Megan D. Crespi | Chief Operating Officer; Senior Executive Vice President | Senior Management | 2023 | 52 |
| Bruce Mitchell | Executive Vice President; Chief Information Officer | Senior Management | 2024 | 53 |
| Von E. Hays | Senior Executive Vice President; Chief Legal Officer; General Counsel | Senior Management | 2024 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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