Comerica Incorporated (LON: 0I1P)
London flag London · Delayed Price · Currency is GBP · Price in USD
63.07
-3.74 (-5.60%)
Jan 22, 2025, 7:13 PM BST

Comerica Company Description

Comerica Incorporated, through its subsidiaries, provides various financial products and services.

The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, payment solutions, card services, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities.

The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination; and various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans.

The Wealth Management segment offers products and services comprising financial planning, trust and fiduciary services, investment management and advisory, brokerage, private banking, and business transition planning services for affluents, high-net worth and ultra-high-net-worth individuals and families, business owners, and executives, and institutional clients.

The Finance segment comprises securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, and Florida, the United States; and Canada and Mexico.

The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982.

Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

Comerica Incorporated
Country United States
Founded 1849
Industry Banks
Sector Financials
Employees 7,863
CEO Curtis Farmer

Contact Details

Address:
Comerica Bank Tower
Dallas, Delaware 75201-6404
United States
Phone 833 571 0486
Website comerica.com

Stock Details

Ticker Symbol 0I1P
Exchange London Stock Exchange
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
ISIN Number US2003401070
SIC Code 6020

Key Executives

Name Position
Curtis Chatman Farmer Chairman, Chief Executive Officer and President
James J. Herzog Chief Financial Officer and Senior EVice President
Megan D. Crespi Senior Executive Vice President and Chief Operating Officer
Megan D. Burkhart Senior Executive Vice President and Chief Administrative Officer
Peter L. Sefzik Senior Executive Vice President and Chief Banking Officer
Mauricio A. Ortiz Executive Vice President, Chief Accounting Officer and Controller
Bruce Mitchell Executive Vice President and Chief Information Officer
Kelly Gage Senior Vice President and Director of Investor Relations
Von E. Hays Senior Executive Vice President, Chief Legal Officer and General Counsel
Kristina Janssens Senior Vice President and Chief Compliance Officer