Comerica Inc

Overview

Comerica Inc (Comerica) offers personal and corporate banking, wealth management, and related financial solutions. Its offerings include deposit services such as savings and checking accounts and certificate of deposits; loans for home equity, mortgage, personal and corporate requirements, education, auto, and mortgages; debit and credit cards; bancassurance for life, disability, property, vehicle, dental, health, legal, travel, property, and liability risks. The company offers various services including treasury and cash management, asset and liquidity management, brokerage, equipment leasing, foreign exchange, international and trade finance, trust and custody, institutional investment, capital raising, corporate investment banking, advisory, online banking, and mobile banking services, among others. It operates in the US, Canada, and Mexico. Comerica is headquartered in Dallas, Texas, the US.
Key Stats
Address
1717 Main St # Mc6404, MC6404, Dallas, Texas
Headquarters

United States of America

Contact

1 214 4626831

No of Employees

7,429

Industry

Financial Services

Ticker Symbol & Exchange​

CMA [NYSE]

Revenue (2020)

$3,094 m

-18.9% (2020 vs 2019)
Net Income (2020)

$474 m

-60.4% (2020 vs 2019)
Net Profit Margin

15 %

-51.2% (2020 vs 2019)
Market Cap *

$11,232 m

EPS *

$3.3

  *Note: Ratios based on the share price as of 6-October-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Comerica IncFifth Third BancorpKeyCorpM&T Bank Corp
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City Dallas Cincinnati Cleveland Buffalo
Headquarter State/Province Texas Ohio Ohio New York
No. of Employees 7,429 19,402 17,157 16,718
Entity Type Public Public Public Public

Products & Services

Comerica provides banking and related financial solutions. The major products and services offered by the company include:

Products
  • Accounts/Deposits:
  • Checking Accounts
  • Savings Account
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Treasury Management
  • Asset and Liability Management
  • Foreign Exchange
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
James J. Herzog Executive Vice President; Chief Financial Officer Senior Management 2020 58 Mr. James J. Herzog has been the Chief Financial Officer of the company since February 2020. He also serves as...
John Lynch Chief Investment Officer Senior Management 2020 - Mr. John Lynch serves as Chief Investment Officer of the company. Prior to this, he served as Chief Investment Strategist...
James H. Weber Chief Experience Officer Senior Management 2020 57 Mr. James H. Weber has been the Chief Experience Officer of the company since January 2020. He also serves as...
Curtis C. Farmer Chief Executive Officer; President; Chairman Executive Board 2020 58 Mr. Curtis C. Farmer has been the Chairman of the company since January 2020. He also serves as the Chief...
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.

History

Year Event Description
2021 Contracts/Agreements In March, the company announced the launch of national program in California by supporting APA…
2020 Corporate Awards In January, the company was recognized as one of the Global 100 Most Sustainable Corporations…
2020 Plans/Strategy In February, the company announced its plans to open its banking center in Royal Oak,…
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Comerica Insurance Group, Inc.

Address

Comerica Tower at Detroit Center, Detroit
United States of America

Telephone

1 248 3715000

Comerica Bank & Trust, National Association

Address

Comerica Bank Tower, 1717 Main Street, Dallas
United States of America

Telephone

1 800 266 3742

Website

www.comerica.com
World Asset Management, Inc.

Address

255 East Brown Street, Suite 250, Birmingham
United States of America

Telephone

1 248 9010860

Website

www.worldasset.com
Comerica Leasing Corporation

Address

29201 Telegraph Road, Second Floor, Southfield
United States of America

Telephone

1 248 9482950

Comerica Bank

Address

No.411 West Lafayette, MC 3262, Detroit
United States of America

Telephone

1 800 2921300

Website

www.comerica.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
05 Mar 2019 ThoughtWire Secures Series A Round of Funding Venture Financing Epic Capital Management Inc.; BDC Capital Inc; Round13 Capital; Yaletown Partners; Comerica Inc ThoughtWire Corp
31 Jul 2018 DocuSign Acquires SpringCM Acquisition DocuSign Inc SpringCM Inc
26 Jul 2018 Comerica Raises USD850 Million in Public Offering of 3.7% Senior Notes Due 2023 Debt Offering Comerica Inc
18 Jan 2011 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
08 Mar 2010 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

345

Active Jobs

356

Posted

366

Closed

Job Trends

Latest Jobs

Job title Company Country
Retail Personal Banker at Humble East Banking Center Comerica Inc United States
Technology Engineering Collective Auburn Hills, MI Comerica Inc United States
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar