Comerica Incorporated

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Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas. Founded in 1849 in Detroit, Michigan, Comerica has grown to become one of the 25 largest commercial US financial holding companies. The company focuses on building relationships and helping people and businesses be successful.

Comerica operates through three main business segments:

  • The Commercial Bank: Serves small and middle market businesses, multinational corporations, and government entities by offering commercial loans, lines of credit, deposits, cash management, capital market products, international trade finance, and other services.

  • The Retail Bank: Provides personal financial services including consumer lending, deposit accounts, mortgage origination, and some commercial products for small businesses.

  • Wealth Management: Offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking, and brokerage services.

As of June 2024, Comerica reported total assets of USD 79.6 billion. The bank operates 380 banking centers across the country, with locations in Arizona, California, Florida, Michigan and Texas. Comerica also has offices in 17 states and services 14 of the 15 largest US metropolitan areas, as well as having operations in Canada and Mexico. The company employs nearly 7,680 people and continues to expand into new regions, including its Southeast Market based in North Carolina and Mountain West Market in Colorado.

HQ Location:
1717 Main Street Dallas TX USA
Founded year:
1849
Employees:
5,001-10,000
Neobanks
Neobanks
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