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Saturday, November 28, 2009, 8:06AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Comerica Incorporated (CMA)On Nov 27: 27.80  Down 0.93 (3.24%)  
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Comerica Incorporated
Comerica Bank Tower
1717 Main Street MC 6404
Dallas, TX 75201
United States - Map
Phone: 214-462-6831
Web Site: http://www.comerica.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:10,111

BUSINESS SUMMARY 
Comerica Incorporated, through its subsidiaries, provides financial products and services in the United States. The company’s Business Bank segment comprises middle market, commercial real estate, national dealer services, international finance, global corporate, leasing, financial services, and technology and life sciences businesses. This segment offers 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 to medium-size businesses, multinational corporations, and governmental entities. Its Retail Bank segment offers small business banking and personal financial services, including consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also provides consumer products, including deposit accounts, installment loans, credit cards, student loans, home equity loans and lines of credit, and residential mortgage loans to small business customers. The company’s Wealth and Institutional Management segment offers products and services, consisting of fiduciary services, private banking, retirement services, investment management and advisory services, investment banking, and discount securities brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. As of December 31, 2008, Comerica Incorporated, through its banking affiliates, operated approximately 507 banking centers, trust services locations, and loan production or other financial services offices primarily in the states of Texas, Michigan, California, and Florida. The company was founded in 1849 and is headquartered in Dallas, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Comerica Incorporated's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 27.5% of S&P 500 companies and 93.5% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ralph W. Babb Jr., 60
    Chairman, Chief Exec. Officer, Pres, Chairman of Special Preferred Stock Committee and Member of Management Policy Committee
    $ 1.60M $ 0
    Mrs. Beth Acton , 57
    Chief Financial Officer, Exec. VP, Member of Management Policy Committee, Chief Financial Officer of Comerica Bank and Exec. VP of Comerica Bank
    $ 1.02M $ 0
    Ms. Connie Beck , 63
    Exec. VP of Small Bus., Exec. VP of Personal Financial Services, Exec. VP of Retail Bank and Member of Management Policy Committee
    $ 1.19M $ 0
    Mr. Edward T. Gwilt ,
    Sr. VP of Asset Quality Review, Chief Loan Review Officer of Comerica's Bank and Member of Management Council
    N/A N/A
    Mr. J. Michael Fulton , 60
    Exec. VP, Member of Management Policy Committee, Chief Exec. Officer of Comerica Bank - Western Division and Pres of Comerica Bank - Western Division
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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