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Comerica Incorporated, through its subsidiaries, provides various financial products and services. It 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 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. This segment also offers 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 provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also 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.
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28th June 2024 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. CMA CGM Post-stabilisation Period Ann...
Comerica's (CMA) robust loan pipeline will support growth in the upcoming quarters. Further, decent cash levels are likely to support its capital distribution activities....
Apart from strong fundamentals, S&P 500 banks like Comerica (CMA), KeyCorp (KEY) and Truist Financial (TFC) have solid dividend yields, which are likely to help income investors generate robust return...
By now you have probably seen myriad headlines about an alarming level of risk that banks are facing from potential losses on their portfolios of loans secured by office buildings. But there are falla...
NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of t...
FREE document shredding and electronics recycling by Iron Mountain and Information Systems Resources available at Comerica's new Great Lakes Campus DETROIT , May 30, 2024 /PRNewswire/ -- Comerica Ba...
DALLAS , May 28, 2024 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced it will participate in the 2024 Morgan Stanley US Financials, Payments & CRE Conference on Tuesday, June 11, 2024. Co...
Comerica Bank, N.A enters an enforcement agreement with OCC to address issues related to the bank's risk governance framework and internal controls....
Meta Platforms has offered to limit the use of certain data from all advertisers on its Facebook Marketplace platform, as part of amendments to the proposals accepted by the Competition Market Authori...