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Comerica Incorporated (CA3.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
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31.80-0.20 (-0.63%)
As of 8:09AM CEST. Market open.

Comerica Incorporated

Comerica Bank Tower
1717 Main Street MC 6404
Dallas, TX 75201
United States
214-462-6831
http://www.comerica.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees7,777

Key Executives

NameTitlePayExercisedYear Born
Mr. Curtis Chatman FarmerExec. Chairman, CEO & Pres1.85MN/A1963
Mr. James J. HerzogCFO & Exec. VP588.93k51.12k1963
Mr. John D. BuchananExec. VP of Legal & Regulatory Affairs and Corp. Sec.1.13MN/A1964
Mr. Peter L. SefzikExec. VP & Exec. Director of Commercial Bank922.71kN/A1976
Mr. Jay K. ObergExec. VP & Chief Risk Officer897.12kN/A1970
Amounts are as of December 31, 2019 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 EUR.

Description

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through 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 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. It also offers 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 provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. It also sells annuity products; and 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 and Florida, as well as in 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.

Corporate Governance

Comerica Incorporated’s ISS Governance QualityScore as of December 8, 2019 is 4. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 3; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.