CA3.F - Comerica Incorporated

Frankfurt - Frankfurt Delayed Price. Currency in EUR

Comerica Incorporated

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees7,693

Key Executives

NameTitlePayExercisedYear Born
Mr. Ralph W. Babb Jr.Exec. Chairman4.29M18.39M1949
Mr. Curtis Chatman FarmerCEO, Pres & Director2.36M985.24k1963
Ms. Muneera S. CarrExec. VP & CFO1.36M97.53k1969
Mr. John D. BuchananExec. VP of Legal & Regulatory Affairs and Corp. Sec.1.58M133.93k1964
Mr. Edward T. GwiltSVP of Asset Quality Review, Chief Loan Review Officer of Comerica's Bank and Member of Mgmt CouncilN/AN/AN/A
Amounts are as of December 31, 2018 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 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 company also engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, and Michigan, as well as in Arizona and 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.

Corporate Governance

Comerica Incorporated’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 1; Board: 6; 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.