Comerica Incorporated (Comerica) is a financial services company. Comercia operates in four segments: the Business Bank, the Retail Bank, Wealth Management and the Finance Division. As of December 31, 2011, Comerica owned two active banking and 49 non-banking subsidiaries. The Company's Business Bank meets the needs of middle market businesses, multinational corporations and governmental entities by offering 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. On July 28, 2011, Comerica acquired Sterling Bancshares, Inc. (Sterling), a bank holding company.
|Headquarters||Comerica Bank Tower|
1717 Main Street,, MC 6404
DALLAS, TX, United States 75201
|Chairman of the Board, President, Chief Executive Officer||Ralph Babb|
|Vice Chairman, Chief Financial Officer||Karen Parkhill|
|Vice Chairman||Lars Anderson|
|Vice Chairman||Curtis Farmer|
|Chief Human Resource Officer, Executive Vice President||Megan Burkhart|
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|Shares Out.||186.6M||Book Value||$36.87|
|Annual Dividend Rate||$0.68||Price/Sales (TTM)||3.0|
|Ex-Div Date||6/12/13||P/Cash Flow (TTM)||11.3x|
|Pay Date||6/12/13||Operating Margin||28.48%|
*GAAP = prior to non-GAAP analyst adjusted earnings.