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Comerica

#2022

Rank

$8.13B

Marketcap

US United States

Country

Comerica
Leadership team

Mr. Curtis Chatman Farmer (Chairman, CEO & Pres)

Mr. James J. Herzog (CFO & Exec. VP)

Mr. Peter L. Sefzik (Exec. VP & Exec. Director of Commercial Bank)

Products/ Services
Banking, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Dallas, Texas, United States
Established
1849
Company Registration
SEC CIK number: 0000028412
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CMA
Social Media
Overview
Location
Summary
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It 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, 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. This segment also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, 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.
History

Comerica was born in Detroit in 1849. In early January, 1849, the bank opened its doors with a capital of just $100,000. Through nearly two centuries of change, Comerica's focus has been to serve the needs of businesses, individuals and the communities in which it operates.

Mission
Our goal is to create a workplace where the best talent seeks employment. We know that diversity in the workforce will support our mission of helping people be successful.
Vision
Our Vision is to become the highest performing, most respected and most desired bank in the markets we serve.
Key Team

Mr. Jay K. Oberg (Exec. VP & Chief Risk Officer)

Ms. Megan D. Crespi (Exec. VP and Chief Enterprise Technology & Operations Services Officer)

Mr. Mauricio A. Ortiz (Exec. VP & Chief Accounting Officer)

Ms. Darlene P. Persons (Sr. VP & Director of Investor Relations)

Ms. Kelly Gage (Sr. VP & Director of Investor Relations)

Mr. Von E. Hays (Exec. VP, Chief Legal Officer & Gen. Counsel)

Ms. Megan D. Burkhart (Exec. VP & Chief HR Officer)

Recognition and Awards
For the past 11 consecutive years, Comerica has been named to the FORTUNE 500 list. Additionally, Comerica was named a 2019 Military Friendly® Employer by VIQTORY, and has been recognized by other publications including Forbes, Newsweek and Bankrate.
References
Comerica
Leadership team

Mr. Curtis Chatman Farmer (Chairman, CEO & Pres)

Mr. James J. Herzog (CFO & Exec. VP)

Mr. Peter L. Sefzik (Exec. VP & Exec. Director of Commercial Bank)

Products/ Services
Banking, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Dallas, Texas, United States
Established
1849
Company Registration
SEC CIK number: 0000028412
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CMA
Social Media