Comerica Incorporated logo

Comerica Incorporated (CMA) Financials

NYSE NYSE:CMA

Market Cap

5.69B

Total Revenue

3.53B

Gross Profit

3.53B

Operating Income

1.68B

Net Income

1.15B

Metric2013201420152016201720182019202020212022
2,498,000,0002,523,000,0002,739,000,0002,848,000,0003,168,000,0003,328,000,0003,343,000,0002,912,000,0002,967,000,0003,534,000,000
----2,000,000-2,000,000------------
2,498,000,0002,523,000,0002,737,000,0002,850,000,0003,168,000,0003,328,000,0003,343,000,0002,912,000,0002,967,000,0003,534,000,000
--------------------
21,000,00023,000,00024,000,00021,000,00028,000,00030,000,00034,000,00035,000,00035,000,00038,000,000
1,042,000,0001,013,000,0001,046,000,0001,015,000,000963,000,0001,051,000,0001,043,000,0001,052,000,0001,155,000,0001,239,000,000
1,063,000,0001,036,000,0001,070,000,0001,036,000,000991,000,0001,081,000,0001,077,000,0001,087,000,0001,190,000,0001,277,000,000
-1,656,000,000-1,558,000,000-1,892,000,000-2,068,000,000-1,813,000,000-1,526,000,000-1,811,000,000-2,321,000,000-1,477,000,00038,000,000
842,000,000965,000,000845,000,000782,000,0001,355,000,0001,802,000,0001,532,000,000591,000,0001,490,000,0001,682,000,000
-112,000,000-95,000,000-95,000,000-112,000,000-121,000,000-267,000,000-------206,000,000
964,000,0001,088,000,000963,000,000903,000,0001,476,000,0001,922,000,0001,646,000,000699,000,0001,589,000,0001,774,000,000
122,000,000123,000,000118,000,000121,000,000121,000,000120,000,000114,000,000108,000,00099,000,00092,000,000
1,784,000,0001,750,000,0001,784,000,0001,909,000,0002,182,000,0002,619,000,0002,807,000,0002,093,000,0001,901,000,0002,672,000,000
112,000,00095,000,00095,000,000112,000,000121,000,000267,000,000468,000,000182,000,00057,000,000206,000,000
730,000,000870,000,000750,000,000670,000,0001,234,000,0001,535,000,0001,532,000,000591,000,0001,490,000,0001,476,000,000
189,000,000277,000,000229,000,000193,000,000491,000,000300,000,000334,000,000117,000,000322,000,000325,000,000
541,000,000593,000,000521,000,000477,000,000743,000,0001,235,000,0001,198,000,000474,000,0001,168,000,0001,151,000,000
2.923.282.932.744.237.357.983.458.458.32
2.853.162.842.684.147.227.93.438.358.22
183,000,000179,000,000176,000,000172,000,000174,000,000168,000,000150,000,000139,000,000135,000,000134,911,243
187,000,000185,000,000181,000,000177,000,000178,000,000171,000,000151,000,000140,000,000137,000,000136,566,000
-1,656,000,000-1,558,000,0002,000,000-2,000,000-1,813,000,000-1,526,000,000-1,811,000,000-2,321,000,000-1,477,000,00038,000,000
-2,719,000,000-2,594,000,000-2,962,000,000-3,104,000,000-2,804,000,000-2,607,000,000-2,888,000,000-3,408,000,000-2,667,000,000-1,239,000,000

Key Facts

Industry

Banks—Regional

Sector

Financial Services

Headquarters

Dallas, TX, US

CEO

Mr. Curtis Chatman Farmer

Employees

7280

About the Company

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.