OverviewSuggest Edit

Comerica Incorporated (Comerica) is a financial services company. The Company has three business segments: the Business Bank, the Retail Bank, and Wealth Management. Comerica operates in three primary geographic markets: Texas, California and Michigan. Comerica’s business bank meets the needs of middle market businesses, multinational corporations and governmental entities by offering 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.

TypePublic
Founded1849
HQDallas, TX, US
Websitecomerica.com
Employee Ratings3.9
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)7,467(-1%)
Job Openings579
Revenue (FY, 2020)$758 M(+2%)
Share Price (Nov 2021)$88.8
Cybersecurity ratingBMore
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Key People/Management at Comerica

Ralph W. Babb

Ralph W. Babb

Chairman and Chief Executive Officer Comerica Incorporated and Comerica Bank
Curtis C. Farmer

Curtis C. Farmer

President Comerica Incorporated and Comerica Bank
Muneera S. Carr

Muneera S. Carr

Executive Vice President and Chief Financial Officer
John D. Buchanan

John D. Buchanan

Executive Vice President Chief Legal Officer/General Counsel
Megan D. Burkhart

Megan D. Burkhart

Executive Vice President and Chief Human Resources Officer
Peter W. Guilfoile

Peter W. Guilfoile

Executive Vice President and Chief Credit Officer
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Comerica Office Locations

Comerica has an office in Dallas
Dallas, TX, US (HQ)
Comerica Bank Tower, 1717 Main St
Show all (1)

Comerica Financials and Metrics

Comerica Revenue

Comerica's revenue was reported to be $758 m in FY, 2020
USD

Revenue (Q1, 2021)

194.0m

Net income (Q1, 2021)

350.0m

Market capitalization (12-Nov-2021)

11.7b

Closing stock price (12-Nov-2021)

88.8

Cash (31-Mar-2021)

14.9b

EV

(341.5m)
Comerica's current market capitalization is $11.7 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

789.0m792.0m818.0m826.0m868.0m1.1b1.1b1.1b755.0m749.0m758.0m

Revenue growth, %

(2%)2%7%

Sales and marketing expense

30.0m28.0m27.0m21.0m23.0m24.0m21.0m28.0m30.0m34.0m35.0m

Operating expense total

176.0m172.0m68.0m197.0m196.0m185.0m114.0m73.0m83.0m34.0m131.0m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

194.0m186.0m207.0m202.0m201.0m211.0m197.0m200.0m208.0m214.0m208.0m220.0m215.0m256.0m261.0m264.0m246.0m269.0m272.0m271.0m276.0m275.0m188.0m187.0m190.0m184.0m189.0m190.0m185.0m188.0m193.0m194.0m

Sales and marketing expense

7.0m7.0m7.0m7.0m7.0m6.0m6.0m6.0m6.0m5.0m5.0m6.0m6.0m6.0m4.0m6.0m5.0m4.0m7.0m8.0m6.0m8.0m8.0m5.0m9.0m10.0m7.0m8.0m9.0m6.0m

Operating expense total

41.0m42.0m43.0m40.0m44.0m62.0m32.0m51.0m56.0m43.0m44.0m44.0m58.0m45.0m45.0m45.0m42.0m59.0m25.0m15.0m21.0m15.0m22.0m19.0m20.0m5.0m9.0m10.0m32.0m33.0m32.0m7.0m

Depreciation and amortization

31.0m29.0m25.0m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.1b3.6b4.5b6.5b6.1b6.1b1.2b5.8b4.6b5.8b15.8b

Accounts Receivable

39.3b42.0b45.4b44.9b48.0b48.5b6.0b48.5b49.5b49.7b51.3b

Inventories

PP&E

630.0m675.0m622.0m594.0m532.0m550.0m501.0m466.0m475.0m457.0m459.0m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

277.0m393.0m521.0m541.0m593.0m521.0m477.0m743.0m1.2b1.2b474.0m

Depreciation and Amortization

124.0m122.0m133.0m122.0m123.0m118.0m121.0m121.0m120.0m114.0m108.0m

Cash From Operating Activities

1.3b902.0m754.0m836.0m639.0m862.0m493.0m1.1b1.6b1.1b928.0m

Cash From Investing Activities

1.2b(955.0m)(3.7b)1.2b(3.7b)(3.3b)(270.0m)(138.0m)(1.2b)(494.0m)4.6b
USDQ2, 2010

Financial Leverage

9.6 x
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Comerica Operating Metrics

Comerica's Total Loans was reported to be $49.4b in Q2, 2017.
Show all operating metrics

Comerica Revenue Breakdown

Embed Graph

Comerica revenue breakdown by business segment: 14.3% from Wealth Management, 60.3% from Business Bank, 24.6% from Retail Bank and 0.8% from Other

Comerica Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Comerica Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Comerica Online and Social Media Presence

Embed Graph

Comerica Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    D

    60/100

  • Compensation

    C-

    61/100

  • Diversity

    B-

    69/100

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Comerica News and Updates

Comerica Bank earns Best in Enterprise Resilience™ Certification

DALLAS, Oct. 25, 2021 /PRNewswire/ -- Comerica Bank has earned the Best in Enterprise Resilience™ Certification Gold Tier honor, the highest assessment rating by Everbridge for the bank's Critical Event Management (CEM) program. This designation recognizes significant strengths in...

Comerica Reports Third Quarter 2021 Earnings Results

DALLAS, Oct. 20, 2021 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its third quarter 2021 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the financial results and earnings presentation will be...

Interpace Biosciences Announces New $7.5 Million Credit Facility with Comerica Bank

PARSIPPANY, NJ, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced that it, along with its subsidiaries, has entered into a new $7.5 Million revolving credit facility with Comerica Bank (the “Bank”). The facility matures on Se…

Comerica Reports Second Quarter 2021 Earnings Results

DALLAS, July 21, 2021 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its second quarter 2021 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the financial results and earnings presentation will be...

Comerica Reports Second Quarter 2021 Earnings Results

DALLAS, July 21, 2021 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its second quarter 2021 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the financial results and earnings presentation will be...

After A 12% Drop Since June 1, Is Comerica Stock Still Pricey?

Having gained close to 150% since the March 23 lows of last year, at the current price of $71 per share, we believe Comerica Incorporated Stock is trading above its near-term potential. Comerica has seen its stock rally from $27 to $71 off the 2020 March bottom compared to the S&P which moved...
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Comerica Frequently Asked Questions

  • When was Comerica founded?

    Comerica was founded in 1849.

  • Who are Comerica key executives?

    Comerica's key executives are Ralph W. Babb, Curtis C. Farmer and Muneera S. Carr.

  • How many employees does Comerica have?

    Comerica has 7,467 employees.

  • What is Comerica revenue?

    Latest Comerica annual revenue is $758 m.

  • What is Comerica revenue per employee?

    Latest Comerica revenue per employee is $101.5 k.

  • Who are Comerica competitors?

    Competitors of Comerica include First Foundation, SVB Financial Group and Bank Leumi.

  • Where is Comerica headquarters?

    Comerica headquarters is located at Comerica Bank Tower, 1717 Main St, Dallas.

  • Where are Comerica offices?

    Comerica has an office in Dallas.

  • How many offices does Comerica have?

    Comerica has 1 office.