Comerica Inc (NYSE:CMA)

95.49
Delayed Data
As of Apr 20
 +0.45 / +0.47%
Today’s Change
64.04
Today|||52-Week Range
102.66
+10.00%
Year-to-Date
SECTOR
Finance
INDUSTRY
Major Banks
MARKET CAP
$17.7B

Company Description

Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other. The Business Bank segment involves in the middle market businesses, multinational corporations, and governmental entities by offering various products and services such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication. The Retail Bank segment includes small business banking and personal financial services, which consist of consumer lending, consumer deposit gathering, and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance segment comprises corporation's securities portfolio and asset and liability management activities. The Other category consists of income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.

Contact Information

Comerica, Inc.
Comerica Bank Tower
Dallas Texas 75201
P:(214) 462-6831
Investor Relations:

Employees

Shareholders

Mutual fund holders44.24%
Other institutional40.80%
Individual stakeholders3.41%

Top Executives

Ralph W. BabbChairman & Chief Executive Officer
Curtis Chatman FarmerPresident
Muneera S. CarrChief Financial Officer & Executive Vice President
Peter W. GuilfoileChief Credit Officer & Executive Vice President
Michael H. MichalakChief Risk Officer & Executive Vice President