Comerica, Inc.

Comerica, Inc.

Comerica, Inc.

Overview
Date Founded

1972

Headquarters

COMERICA BANK TOWER, 1717 MAIN STREET, DALLAS, TN, 75201

Type of Company

Public

Employees (Worldwide)

7,948

Industries

Retail & Commercial Banking
Accounting & Financial Services
Consumer Finance
Holding Companies

Company Description

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $63.3 billion at September 30, 2012.

Contact Data
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Executives & Employees

Chairman, President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Executive Vice President, Chief Legal Officer & General Counsel

Chief Risk Officer & Executive Vice President

Chief Experience Officer

Chief Accounting Officer

Chief Credit Officer

Chief Community Officer

Executive Vice President & General Auditor

Executive Vice President & Treasurer

Board of Directors

Chairman, President & Chief Executive Officer at Comerica, Inc.

President at The Clorox Co. Foundation

President-Elect at American Bar Association

Chief Operating Officer at Southwest Airlines Co.

Founder at Pinnacle Technical Resources, Inc.

Chairman of the Board, President & Chief Executive Officer at Commercial Metals Co.

Chairman, President & Chief Executive Officer at The Taubman Co. LLC

President at Bonterra Builders LLC

Executive Vice President & Head-Control Functions at TD Bank US Holding Co.

Executive Vice President & Chief Financial Officer at New Cingular Wireless Services, Inc.

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Comerica, Inc.
Owners & Shareholders
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PPM uses a variety of methods of analysis in formulating investment advice and/or managing client assets. Fundamental and technical in-house research underpins the firm’s analysis of current or potential investments. The firm utilizes a team-based approach to manage the assets of the portfolio. They also implement client investment strategies primarily through designated portfolio management teams focused on particular asset classes, including fixed income, bank loans, private debt, public equity and private equity.

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LKCM is an active, long-term manager which aims to invest in high quality businesses that they believe will produce consistent, repeatable and superior risk-adjusted returns. The firm offers several equity, fixed income and alternative investment approaches, which are generally available through separately managed portfolios, the LKCM Funds, LKCM partnerships and single-investment partnerships. Their Core, Small-Cap and Small-Mid Cap Equity strategy seeks to achieve its investment objective through fundamental analysis of individual companies and seeks high quality companies. LKCM’s fixed income strategy seeks to achieve its investment objective by typically investing in investment grade corporate fixed income securities, fixed income securities issued or guaranteed by the US Government, its agencies or instrumentalities, and/or municipal fixed income securities.

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TAM formulates their investment advice by using different methods of analysis including fundamental analysis; multi-factor analysis; quantitative analysis; qualitative analysis; technical analysis; charting; cyclical analysis; and mutual fund and/or ETF analysis. Their investment strategies include long-term purchases; short-term purchases; and American depositary receipts.

Recent Transactions
Details Hidden

MBM Advisors, Inc. /Management purchases BOK Financial Asset Management, Inc. from Comerica, Inc.

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Comerica, Inc. purchases Sterling Bancshares, Inc. (Texas)

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Comerica, Inc. issued USD Common Stock

Transaction Clients
Trust Bank

Advised on Oakmont Acquisition Corp. issued USD Units Consisting of Common Stock and Warrants

Insider Transactions
Details Hidden
Transaction Advisors
Legal Advisor

Advised onComerica, Inc. purchases Imperial Bancorp (Inglewood, California)

Underwriter

Advised onComerica, Inc. issued USD Common Stock

Underwriter

Advised onComerica, Inc. issued USD Common Stock

Legal Advisor

Advised onComerica, Inc. purchases Sterling Bancshares, Inc. (Texas)

Legal Advisor

Advised onComerica, Inc. purchases Sterling Bancshares, Inc. (Texas)

Professional

Advised onComerica, Inc. issued USD Common Stock

Advisors & Consultants
Legal Advisor

Partner at Foley & Lardner LLP

Advisor

Vice President of Delivery & Strategic Development at WebRunners, Inc.

Advisor

Partner at Heidrick & Struggles International, Inc.

Clients

TO INVEST IN PROGRAMS AND SERVICES TO MAKE LIFE BETTER FOR MICHIGAN MASONS, THEIR FAMILIES, AND THEIR COMMUNITIES.

TO PROVIDE INSURANCE COVERAGE TO PARTICIPANTS AND FAMILY MEMBERS FROM CONTRIBUTIONS PAID BY EMPLOYERS IN ACCORDANCE WITH PLAN PROVISIONS.

Key Stats and Financials As of 2019
Market Capitalization
$8.84B
Total Enterprise Value
$17.6B
Earnings Per Share
$7.89
Revenue
$3.74B
Net Profit
$1.19B
Total Equity
$7.33B
TEVNet Income
14.75x
Debt TEV
0.44x
Total Debt
$7.71B
Enterprise Value / Sales
4.69x
Three Year Compounded Annual Growth Rate Of Revenue
8.38%
Non-Profit Donations & Grants
$2,500 - $4,999
2019
$5,000 - $25K
2019
Political Donations
$1,000
2012
$500
2012
$1,000
2012
Investments
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Moveworks, Inc. develops a cloud-based AI platform. The firm’s AI platform combines machine learning, conversational-AI and natural language understanding (NLU) with deep integrations into enterprise systems to completely automate the resolution of information technology support issues. The company was founded by Jiang Chen, Varun Singh, Vaibhav Nivargi and Bhavin N. Shah in 2016 and is headquartered in Mountain View, CA.

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Suppliers
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Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through the following segments: Envestnet Wealth Solutions and Envestnet Data & Analytics. The Envestnet Wealth Solutions segment provides unified wealth management software and services to empower financial advisors and institutions. The Envestnet Data & Analytics segment provides data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. The company was founded by Judson Taft Bergman, James Winfield Lumberg and Brandon Rockwell Thomas in 1999 and is headquartered in Chicago, IL.

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Bund Center Investment Ltd. is a holding company, which engages in the development of commercial and retail properties. It operates through Hotel and Property Leasing segments. The Hotel segment encompasses the ownership of hotel, which is under the management of Westin Hotel Management LP. The Property Leasing segment refers to the ownership and leasing of investment properties. The company was founded on August 5, 2009 and is headquartered in Singapore.

CyberArk Software Ltd. Internet Software & Services | Petach Tikva, Israel

CyberArk Software Ltd. engages in the development, marketing, and sale of access security software solutions. Its products include core privileged access security, CyberArk Alero, application access manager, endpoint privilege manager, and CyberArk privilege cloud. The company was founded by Udi Mokady and Alon Cohen in 1999 and is headquartered in Petah Tikva, Israel.

Awards & Honors
Rank #765
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
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