DALLAS, July 11, 2023 – Comerica Incorporated (NYSE: CMA) published its 2022 Corporate Responsibility Report, which marks the 15th year Comerica has publicly shared its corporate responsibility-related activities. Visit Comerica’s Corporate Responsibility Report page for a complete recap of the report, or go to www.comerica.com.

“For 174 years, Comerica has served to support our customers and better our communities. We continue to move forward with that same drive, while helping customers meet their evolving banking needs,” said Wendy Bridges, Executive Vice President, Corporate Responsibility, Comerica Bank.

Among many efforts, the report highlights Comerica’s support for:

• Small businesses and access to capital. Comerica reached $4.3 billion of its $5 billion small business lending goal through the first two years of its three-year commitment, spanning 2021 through year-end 2023.
• Volunteerism and contributions. Over 66,000 volunteer hours were processed by colleagues, and the Comerica $ense financial education program served nearly 80,000 low- and moderate-income individuals. Comerica Bank and Comerica Charitable Foundation committed $8.4 million in grants and charitable contributions in 2022 for educating low- and moderate-income individuals and families.  This provided economic and community development support.
• Customer experience. In 2022, Comerica put forth efforts around customer satisfaction, specifically within Treasury Management, Retail Bank capabilities, and Wealth Management products and services.
• Sustainability. Focus on supporting its customers, including $2.7 billion in environmentally beneficial loans and commitments in 2022, as well as decreasing its Scope 1 and 2 greenhouse gas emissions (as of year-end 2022, Comerica had achieved a 57% reduction against its 2030 goal and had already exceeded its 2025 goal).
• Colleague development and benefits. To position Comerica’s 7,000+ colleagues for success, it offers a mix of accessible learning formats, on-the-job experience, and developmental programming, not to mention a comprehensive compensation and benefits offering, which includes being one of only a few companies to provide an active pension plan open to all eligible colleagues.

Comerica Bank, a subsidiary of Comerica Incorporated (NYSE: CMA), is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica, one of the 25 largest U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful. Comerica provides more than 400 banking centers across the country with locations in Arizona, California, Florida, Michigan and Texas. Founded 174 years ago in Detroit, Michigan, Comerica continues to expand into new regions, including its Southeast Market, based in North Carolina, and Mountain West Market in Colorado. Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico. Comerica reported total assets of $91.1 billion at March 31, 2023. Learn more about how Comerica is raising expectations of what a bank can be by visiting www.comerica.com, and follow us on Facebook, Twitter, Instagram and LinkedIn.