COMERICA INC

comerica.com

What Do They Do?

Provides loans, deposit accounts and wealth services to businesses, individuals and institutional clients.

How Do They Make Money?

Earns interest on loans and securities while paying interest on deposits and other funding, and charges customers for services as they are completed or provided over time. Card fees vary with transaction volume, and brokerage income includes commissions on securities trades.

revenue

Segment	Share	How money arrives
Card fees Usage-based	33% FY2021: 37%	Usage-based
Fiduciary income	29% FY2021: 29%
Service charges on deposit accounts	24% FY2021: 25%
Commercial loan servicing fees	1.6% FY2021: 1.6%
Capital Markets	2.9% FY2021: 2.1%
Brokerage fees Usage-based	6.6% FY2021: 1.8%	Usage-based
Other noninterest income	3.5% FY2021: 3.5%

Who Are Their Customers?

Commercial and Retail Banking serve businesses and individuals with lending and deposit services. Wealth Management serves affluent individuals and families, business owners and executives, and institutional clients with financial planning, trust and investment services.

Do Revenues Turn Into Profits?

Yes. It kept 90 cents of every revenue dollar as net income in FY2024.

Net income, FY2024

90% of revenue

▼ −21% vs FY2023 ($881M, 110%)

How Are They Changing?

Since the FY2024 annual report

Latest quarter: Q3 FY2025, the three months to Sep 30, 2025

Revenue: ▼ −2%; vs $191M in Q3 FY2024
Net income: ▼ −4%; vs $184M in Q3 FY2024

Card fees share of revenue vs 33.5% in Q3 FY2024

Feb 2, 2026 Comerica merged into Fifth Third Financial Corporation Comerica's two banking subsidiaries also merged into Fifth Third Bank.
Jan 14, 2026 Fifth Third received all material approvals to combine with Comerica The companies said the transaction remained subject to closing conditions.
Oct 6, 2025 Fifth Third agreed to acquire Comerica in an all-stock deal Comerica stockholders were to receive Fifth Third shares in exchange for their shares.

Flat. Revenue was $772M in FY2024, about the same as the $758M of FY2020.

Investment services moved to Ameriprise Brokerage and insurance services were among Comerica's described offerings; support for specific insurance, brokerage and investment-advisory activities shifted to Ameriprise.