Comerica Incorporated
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Curtis Chatman Farmer
- Full Time Employees
- 7,860
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Comerica Bank Tower Dallas TX United States of America 75201
- IPO Date
- Mar 17, 1980
- CIK
- 0000028412
- Website
- comerica.com
- Similar Companies
- Business
- Comerica Incorporated (NYSE: CMA) operates as a financial services company headquartered in Dallas, Texas, and traces its origins to 1849 when it opened as the Detroit Savings Fund Institute in Detroit, Michigan. The company strategically aligns its activities across three primary business segments: the Business Bank, which provides companies of all sizes with credit and non-credit products including commercial loans, real estate loans, treasury management, merchant services, and electronic payments; the Retail Bank, which offers personalized financial services to consumers such as checking and savings accounts, credit cards, consumer loans, deposit account maintenance, wire transfers, and ATM access; and Wealth Management, which delivers investment management, trust and estate planning, retirement planning, and brokerage services to high-net-worth individuals and institutional clients. Comerica maintains a diversified geographic footprint with 413 branches primarily in Texas, Michigan, California, Florida, and Arizona; select business operations in several other U.S. states; commercial offices in 15 states including recent expansions into North Carolina, South Carolina, and Colorado; and presence in Canada and Mexico, positioning it to serve middle-market businesses, small businesses, consumers, and communities in high-growth U.S. markets. In October 2025, Fifth Third Bancorp announced a definitive agreement to acquire Comerica in an all-stock transaction valued at $10.9 billion, under which Comerica shareholders will receive 1.8663 Fifth Third shares per Comerica share; the deal, pending regulatory and shareholder approvals, is expected to close in March 2026 and create the ninth-largest U.S. bank by assets, with plans to phase out the Comerica brand by 2027. This strategic merger enhances scale, profitability, and geographic reach by combining Fifth Third's retail banking, digital capabilities, and Midwest leadership with Comerica's middle-market commercial expertise and Sun Belt presence, including operations in 17 of the 20 fastest-growing U.S. markets. Recent recognitions underscore Comerica's operational strengths, including 2025 Datos Impact Award for advancing RTP network payments, multiple Coalition Greenwich Excellence Awards for small business and middle-market banking, Newsweek's designation as one of America's Best Regional Banks, and Best Bank for Small Business honors in relationship management, trust, and advisory capabilities.
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