News Releases

Comerica Bank's Texas Economic Activity Index increased in December to 126.7. December's index reading was 18 percent above the recent low of 107.4 set in June 2020. The index averaged 124.3...

Comerica Bank's Michigan Economic Activity Index increased in December to a level of 108.6. December's reading was 25 percent higher than the historical low reached in June 2020. The index...

DETROIT, Feb. 24, 2020 – Comerica Bank will open its first banking center in Royal Oak, Mich., on Feb. 8, strengthening its status as the largest network of banking centers in Southeast...

The Board of Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash dividend for common stock of 68 cents ($0.68) per share. The dividend is payable April 1, 2021, to common...

Comerica Incorporated (NYSE: CMA) today announced that Juan Rodriguez has been named Executive Vice President, Chief Information Security Officer. Reporting to Executive Vice President and Chief...

Comerica Bank announced today it has reopened a majority of its Texas banking centers and offices. Before traveling to a Comerica banking center, customers are...

Comerica Bank announced today it has extended its winter weather-related closures to include all Texas banking centers and offices Wednesday. "Our state received another round of winter weather...

In response to severe winter weather conditions, Comerica Bank announced today many Comerica locations, including several banking centers in the Austin, Dallas, Fort Worth, Houston, Kerrville and...

For the third consecutive year, Comerica Incorporated (NYSE: CMA) earned a place on the 2021 Global 100 list of the most sustainable corporations by Corporate Knights. Comerica is one of 20...

Comerica Bank's California Economic Activity Index increased in November to a level of 104.4. November's reading is 15 percent above the historical low of 90.4. The index averaged 124.3 points in...

Comerica Bank's Texas Economic Activity Index increased in November to 123.8. November's index reading was 30 percent above the index historical low of 95.5. The index averaged 139.7 points for...

Comerica Bank's Michigan Economic Activity Index increased in November to a level of 106.3. November's reading was 22 percent higher than the historical low. The index averaged 117.8 points for...

Comerica Incorporated (NYSE: CMA) announced today that David Kunik has been selected to lead its Florida Market, replacing Patty Nobles who will retire at the end of February after a 33-year...

Comerica Incorporated (NYSE: CMA) has reported its fourth quarter 2020 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the...

Comerica Bank and Comerica Charitable Foundation announced today contributions of nearly $240,000 to 11 nonprofit organizations to support food security, education initiatives, health and human...

Comerica Bank's California Economic Activity Index increased in October to a level of 101.0. October's reading is 12 percent above the historical low of 90.3. The index averaged 124.4 points in...

Comerica Bank's Texas Economic Activity Index increased in October to 121.1. October's index reading was 27 percent above the index historical low of 95.5. The index averaged 139.7 points for all...

Comerica Bank's Michigan Economic Activity Index increased in October to a level of 106.2. October's reading was 22 percent higher than the historical low. The index averaged 117.9 points for all...

Comerica Bank announced today it is investing $250,000 in Community Development Financial Institution (CDFI) DreamSpring to help small businesses sustain in its Dallas and Phoenix markets, as the...

Comerica Bank announced more than $1 million in contributions split among six California nonprofits helping to facilitate critical support for minority-owned small businesses and low- to...

Comerica Incorporated (NYSE: CMA) and its commitment to corporate responsibility is closing out 2020 with high marks from Newsweek and CDP. For the second consecutive year, Comerica earned one of...

Comerica Bank's California Economic Activity Index increased in September to a level of 97.7. September's reading is 8 percent above the cyclical low of 90.2. The index averaged 124.4 points in...

Comerica Bank's Texas Economic Activity Index increased in September to 119.0. September's index reading was 25 percent above the index cyclical low of 95.5. The index averaged 139.7 points for...

Comerica Bank's Michigan Economic Activity Index increased in September to a level of 105.6. September's reading was 22 percent higher than the cyclical low of 86.9. The index averaged 117.9...

DETROIT, November 25, 2020 – Michigan Battle of the Buildings honored Comerica Bank as its financial services category winner in the statewide energy reduction competition. Comerica attained a...

Comerica Bank announced today it has made a $250,000 investment in Ascendus' small business lending program, which will give Collier County small businesses access to much-needed capital in the...

Comerica Bank today announced a $100,000 donation to longtime community partner Capuchin Soup Kitchen, a nonprofit organization that has served Detroit for more than 90 years with a mission to...

Comerica Incorporated (NYSE: CMA) will release quarterly earnings on the dates indicated below and will host conference calls to review the results. Comerica Incorporated also announced it will...

DETROIT, NOVEMBER 6, 2020 – Comerica Bank’s search for Detroit’s Biggest Fan, a year-long exclusive fan celebration engaging Detroit's passionate followers supporting the Tigers, Red Wings...

The Board of Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash dividend for common stock of 68 cents ($0.68) per share. The dividend is payable Jan. 1, 2021, to common stock...

Comerica Bank's California Economic Activity Index increased in August to a level of 95.4. August's reading is 5 points, or 6 percent, above the cyclical low. The index averaged 124.4 points in...

Comerica Bank's Texas Economic Activity Index increased in August to 116.1. August's index reading was 21 points, or 22 percent, above the index cyclical low of 95.5. The index averaged 139.1...

Comerica Bank's Michigan Economic Activity Index increased in August to a level of 103.1. August's reading was 16 points, or 19 percent, higher than the cyclical low. The index averaged 117.7...

Comerica Incorporated (NYSE: CMA) today announced that Beatrice Kelly joined the bank on Oct. 5 as the new Senior Vice President and Director of Community Development Lending, reporting directly...

Comerica Bank today announced a $350,000 donation to Michigan Women Forward (MWF), a community development organization whose mission is to expand economic opportunity for Michigan women....

Comerica Incorporated (NYSE: CMA) has reported its third quarter 2020 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the...

Comerica Bank's California Economic Activity Index increased in July to a level of 92.8. July's reading is 3 points, or 3 percent, above the cyclical low. The index averaged 124.4 points in 2019,...

Comerica Bank's Texas Economic Activity Index increased in July to 111.7. July's index reading was 16 points, or 17 percent, above the index cyclical low of 95.5. The index averaged 139.0 points...

Comerica Bank's Michigan Economic Activity Index increased in July to a level of 95.1. July's reading was 8 points or 10 percent higher than the cyclical low. The index averaged 117.7 points for...

Comerica Incorporated announced today that Jason Baker has been promoted to Houston Market President succeeding J. Downey Bridgwater. Earlier this year, Bridgwater announced his plan to retire...

DALLAS, Sept. 29, 2020 – Comerica Bank announced its participation in the 2020 HACR Corporate Inclusion Index (CII), a research initiative conducted by the Hispanic Association on Corporate...

Comerica Incorporated (NYSE: CMA) announced that David Whiting, Senior Managing Director of Technology and Life Sciences (TLS) Division, has been named President, TLS Division. In his role,...

Comerica Bank today announced a $112,000 contribution to Grand Rapids Opportunities for Women (GROW) to aid west Michigan entrepreneurs and small businesses. Comerica and GROW also will continue...

Detroit, Sept. 11, 2020 –Comerica Bank and the Detroit Lions have teamed up again to ensure first downs at Ford Field this season stretch further than 10 yards. Each Lions first down gained this...

Comerica Bank announced today its $150,000 commitment to support Invest Detroit – a nonprofit lender, investor, and partner that assists business and real estate projects that ignite economic...

DALLAS, Sept. 2, 2020 – Comerica Bank has named David C. Betancourt Southern California External Affairs Market Manager. Betancourt will serve to strengthen Comerica’s initiative of assisting...

DETROIT, Sept. 1, 2020 – Comerica Bank announces the launch of its new small business support program, RISE! (Resources, Ideas, Support and Engagement), to help businesses and communities in...

Comerica announced it has joined the Partnership for Carbon Accounting Financials (PCAF). An industry-led partnership, PCAF is working to facilitate a consistent and transparent approach to assess...

Comerica Bank's California Economic Activity Index declined in June to a level of 90.0. June's reading is a new historical low for the index. The index averaged 124.4 points in 2019, 0.5 points...

Comerica Bank's Texas Economic Activity Index decreased in June to 106.8. June's index reading was 12 points above the index cyclical low of 95.5. The index averaged 139.1 points for all of 2019,...

Comerica Bank's Michigan Economic Activity Index declined in June to a level of 86.6. June's reading is a new historical low for the index. The index averaged 117.7 points for all of 2019, 0.9...

Comerica Incorporated (NYSE: CMA) announced it will participate in the Barclays Global Financial Services Conference. Comerica Incorporated also announced it will release third quarter 2020...

DETROIT, Aug. 27, 2020 – Comerica Incorporated (NYSE: CMA) has named Linda Nosegbe Vice President, Southeast Michigan External Affairs Market Manager. In her role, Nosegbe will contribute to...

DALLAS, Texas, August 26, 2020 – Comerica Bank and the Girl Scouts of Northeast Texas announced today that they have launched a financial education partnership composed of three components: 1)...

Comerica Bank announced today that it is moving $10 million in deposits to Minority Depository Institutions (MDIs) within its five-state footprint, as well as building a mutual mentoring...

Comerica Incorporated announced today that Amanda G. Mahaney has been selected to lead its Dallas Market. Mahaney will continue managing the Dallas Middle Market loan groups as well as the...

AUSTIN, Texas, August 6, 2020 - The Texas Bankers Foundation recognized Comerica Bank with a Leaders in Financial Education (LiFE) Award for its partnership with the EMPOWER Series, Inc., a...

Comerica Bank and Hatch Detroit are expanding upon their longtime partnership by announcing the Hatch Detroit Small Business Alumni Relief Fund to support alumni businesses of the Comerica Hatch...

Comerica Bank's California Economic Activity Index declined in May to a level of 96.8. May's reading marks a new historical low for the index. The index averaged 124.4 points in 2019, 0.5 points...

Comerica Bank's Texas Economic Activity Index decreased in May to 114.2. May's index reading was 18.7 points above the index cyclical low of 95.5. The index averaged 139.1 points for all of 2019,...

Comerica Bank's Michigan Economic Activity Index declined in May to a level of 90.3. May's reading marks a new historical low for the index. The index averaged 117.7 points for all of 2019, 0.9...

The Board of Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash dividend for common stock of 68 cents ($0.68) per share. The dividend is payable Oct. 1, 2020, to common stock...

Comerica Bank continues its response to supporting local communities with investments totaling $2 million to Community Development Financial Institutions (CDFIs) assisting small businesses...

Comerica Incorporated (NYSE: CMA) has reported its second quarter 2020 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the...

DALLAS, July 2, 2020 – Comerica Bank announced today a partnership with The DEC Network at Redbird to launch a Virtual Business $ense Bootcamp Series, designed to provide financial education...

Comerica Bank's Texas Economic Activity Index decreased in April to 127.5. April's index reading was 32 points, or 34 percent, above the index cyclical low of 95.5. The index averaged 139.2 points...

Comerica Bank's California Economic Activity Index declined in April to a level of 109.1. April's reading was 12 points, or 11 percent, above the index cyclical low of 97.8. The index averaged...

Comerica Bank's Michigan Economic Activity Index declined in April to a level of 103.0. April's reading is 5 points, or 5 percent, above the index cyclical low of 97.9. The index averaged 117.7...

Comerica Incorporated (NYSE: CMA) announced the release of its latest Corporate Responsibility Report, which is now featured on comerica.com/sustainability. The report, titled "Corporate...

Comerica Bank today announced its $1 million commitment over four years to the National Business League as part of a national partnership that will launch the Black Capital Access Program (BCAP),...

In observance of Juneteenth, Comerica Bank announced it will close its offices, call center and banking centers across its footprint at 2 p.m. local time on Friday, June 19. Juneteenth...

Comerica Incorporated (NYSE: CMA) was honored for its efforts in positively impacting local communities, as the bank was named to The Civic 50 by Points of Light, the world's largest organization...

Comerica Bank's California Economic Activity Index declined in March to a level of 122.2. March's reading was 24 points, or 25 percent, above the index cyclical low of 97.8. The index averaged...

Comerica Bank's Texas Economic Activity Index decreased in March to 139.9. March's index reading was 44 points, or 46 percent, above the index cyclical low of 95.5. The index averaged 139.1 points...

Comerica Bank's Michigan Economic Activity Index declined in March to a level of 114.5. March's reading is 17 points, or 17 percent, above the index cyclical low of 97.9. The index averaged 117.7...

Comerica Incorporated (NYSE: CMA) announced that it will participate in the Morgan Stanley Virtual US Financials Conference. Comerica Incorporated also announced that it will release second...

Comerica Incorporated (NYSE: CMA) announced today that John Lynch has been named Chief Investment Officer. Lynch will join its Comerica Asset Management Group, the investment management division...

DALLAS, May 11, 2020 – Comerica Bank earned high marks in DiversityInc’s 2020 list of Top Regional Companies for Diversity. DiversityInc ranked Comerica third on this year’s list, a jump...

Comerica Bank announces today that it has processed and submitted approximately 13,000 Paycheck Protection Program (PPP) loan applications, all of which have been approved by the U.S. Small...

Comerica Bank's California Economic Activity Index increased in February to a level of 126.7. February's reading was 29 points, or 30 percent, above the index cyclical low of 97.8. The index...

Comerica Bank's Texas Economic Activity Index increased in February to 143.3. February's index reading was 48 points, or 50 percent, above the index cyclical low of 95.5. The index averaged 139.1...

Comerica Bank's Michigan Economic Activity Index increased in February to a level of 118.6. February's reading is 21 points, or 21 percent, above the index cyclical low of 97.9. The index averaged...

Comerica Incorporated (NYSE: CMA) announced its Board of Directors declared a quarterly cash dividend for common stock of 68 cents ($0.68) per share. The dividend is payable July 1, 2020, to...

Comerica Bank announced today that it is continuing to accept loan applications for the Small Business Administration's Paycheck Protection Program in expectation of additional funds being...

Comerica Incorporated (NYSE: CMA) has reported its first quarter 2020 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the...

Comerica Incorporated (NYSE: CMA) provided notice to shareholders today of an update to the location for the Company's 2020 Annual Meeting of Shareholders. "In light of the COVID-19 pandemic and...

DALLAS, TEXAS, April 2, 2020 – Comerica Bank announced it will postpone its 10th annual Shred Day DFW, originally scheduled for Saturday, April 25, at the Iron Mountain Shred Plant-Mercer...

Comerica Bank's California Economic Activity Index increased in January to a level of 126.5. January's reading was 29 points, or 29 percent, above the index cyclical low of 97.8. The index...

Comerica Bank's Texas Economic Activity Index increased in January to 142.2. January's index reading was 47 points, or 49 percent, above the index cyclical low of 95.5. The index averaged 139.1...

Comerica Bank's Michigan Economic Activity Index increased in January to a level of 118.0. January's reading is 20 points, or 21 percent, above the index cyclical low of 97.9. The index averaged...

Comerica Bank announced today additional actions to support colleagues during the Novel Coronavirus (COVID-19) pandemic, as well as various relief options to assist customers who are experiencing...

Comerica Bank and Comerica Charitable Foundation announced today that it will invest $4 million in community programming support and businesses impacted by the COVID-19 crisis. "The impact of...

Comerica Incorporated (NYSE: CMA) has announced proactive measures to safeguard its customers and colleagues in response to concerns regarding the Novel Coronavirus (COVID-19). Beginning Tuesday,...

Comerica Bank announced it will reduce its prime rate to 3.25 percent from 4.25 percent effective tomorrow, March 17, 2020. "The well-being of our customers, employees and communities is our...

Comerica Incorporated (NYSE: CMA) announced proactive measures to safeguard its customers and colleagues in response to concerns related to the Novel Coronavirus (COVID-19). Beginning Monday,...

HOUSTON, March 13, 2020 – Comerica Bank announced it will postpone its eighth annual Shred Day Houston event, originally scheduled for Saturday, April 4, to a be determined date in the fall, in...

Comerica Incorporated (NYSE: CMA) today announced that Megan D. Crespi will be named Executive Vice President and Chief Enterprise Technology & Operations Services Officer, effective March 23,...

Comerica Bank announced it will reduce its prime rate to 4.25 percent from 4.75 percent effective tomorrow, March 4, 2020. Comerica Incorporated (NYSE: CMA) is a financial services company...

KALAMAZOO, Mich. (Feb. 28, 2020) – Comerica Bank is extending an already successful and popular event from metro Detroit to West Michigan for the very first time – during the inaugural Prom...

HOUSTON, Feb. 28, 2020 – Comerica Incorporated (NYSE: CMA) has promoted Vanessa T. Reed to Regional External Affairs Manager reporting to Chief Community Officer Irvin Ashford Jr. In this...