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Comerica Incorporated (CMA)

NYSE - NYSE Delayed Price. Currency in USD
49.54-0.42 (-0.84%)
At close: 04:00PM EST
49.35 -0.19 (-0.38%)
After hours: 07:41PM EST

Comerica Incorporated

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

Sector(s)Financial Services
IndustryBanks - Regional
Full Time Employees7,701

Key Executives

NameTitlePayExercisedYear Born
Mr. Curtis Chatman FarmerChairman, CEO & President4.27MN/A1963
Mr. James J. HerzogCFO & Senior EVP1.76MN/A1963
Ms. Megan D. CrespiSenior EVP & COO1.47MN/A1975
Mr. Peter L. SefzikSenior EVP & Chief Banking Officer1.58M215.95k1976
Mr. Mauricio A. OrtizExecutive VP & Chief Accounting OfficerN/AN/A1980
Bruce MitchellExecutive VP & Chief Information OfficerN/AN/AN/A
Ms. Megan D. BurkhartSenior Executive VP and Chief Administrative & Human Resources OfficerN/AN/A1972
Ms. Kelly GageSenior VP & Director of Investor RelationsN/AN/AN/A
Mr. Von E. HaysSenior Executive VP, Chief Legal Officer & General CounselN/AN/A1973
Ms. Kristina JanssensSenior VP & Chief Compliance OfficerN/AN/AN/A
Amounts are as of December 31, 2022 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.

Description

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial 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, as well as payment and card 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; and various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment offers products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services; and sells annuity products, as well as 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, 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 February 1, 2024 is 4. The pillar scores are Audit: 6; Board: 8; Shareholder Rights: 2; Compensation: 6.

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.