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Comerica Incorporated (CMA)

49.23 0.10(0.20%) Jul 22, 4:00PM EDT
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Comerica Incorporated
Comerica Bank Tower
1717 Main Street
Dallas, TX 75201
United States - Map
Phone: 214-462-6831

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:8,901

Business Summary 

Comerica Incorporated, through its subsidiaries, provides financial products and services. The company operates in three segments: Business Bank, Retail Bank, and Wealth Management. The Business 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 to middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides small business banking and personal financial services consisting of consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers various consumer products comprising deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services, including fiduciary services, private banking, retirement services, investment management and advisory services, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The company operates branches in Texas, Arizona, California, Florida, and Michigan in the United States, as well as in Canada and Mexico. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

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Corporate Governance 
Comerica Incorporated’s ISS Governance QuickScore as of Jul 1, 2014 is 4. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Ralph W. Babb Jr., 65
Chairman, Chief Exec. Officer, Pres, Chairman of Capital Committee, Chairman of Special Preferred Stock Committee, Member of Management Policy Committee, Chairman of Comerica Bank, Chief Exec. Officer of Comerica Bank and Pres of Comerica Bank
Ms. Karen L. Parkhill , 49
Vice Chairman, Chief Financial Officer, Member of Management Policy Committee, Vice Chairman of Comerica Bank and Chief Financial Officer of Comerica Bank
Mr. J. Michael Fulton , 65
Exec. VP and Member of Management Policy Committee
Mr. Curtis Chatman Farmer , 51
Vice Chairman of The Retail Bank & Wealth Management and Member of Management Policy Committee
Mr. Lars C. Anderson , 53
Vice Chairman, Member of Management Policy Committee and Vice Chairman of Comerica Bank
Amounts are as of Dec 31, 2013 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.
Currency in USD.
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