Comerica Overview

Industry
Financial Services
Revenue
Headquarters
Employees
8,051
Founded In
Organization Type
Public
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, strategically aligned by the Business Bank, the Retail Bank, and Wealth Management. The Business Bank provides companies of all sizes with an array of credit and non-credit financial products and services. The Retail Bank delivers personalized financial products and services to consumers. Wealth Management serves the needs of high net worth clients and institutions. Comerica's nearly 9,000 colleagues focus on relationships, and helping people and businesses be successful. Comerica operates in seven of the 10 largest U.S. cities, with 480 banking centers in its primary markets of Texas, Arizona, California, Florida and Michigan. Select businesses operate in several other states, as well as in Canada and Mexico. Comerica is among the 22 largest U.S. banking companies, with $69.2 billion in total assets at December 31, 2014. Visit Comerica's Facebook page at facebook.com/ComericaCares or on Twitter at @ComericaCares for more information on how Comerica is making a positive difference in the communities it serves. Comerica's chief economist, Robert Dye, provides economic research, commentary and analysis. You can follow him on Twitter at @Comerica_Econ.
The staff at Comerica come from unusually diverse demographic backgrounds. The company is 59.3% female and 40.9% ethnic minorities. Comerica employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 55.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Comerica seem to be happy. The company has great employee retention with staff members usually staying for 5.7 years. The average employee at Comerica makes $51,165 per year. Pay at Comerica is significantly lower than some of its highest paying competitors, like Bank of the West, Sterling Bancshares, and East West Bank, which pay $83,013, $78,290, and $68,331, respectively.
A large finance company with 8,051 employees and an annual revenue of $3.8B, Comerica is headquartered in Dallas, TX.

The Organization’s Mission

To create a workplace where the best talent seeks employment. We know that diversity in the workforce will support our mission of helping people be successful.

Perks of Working at Comerica

Comerica Incorporated provides support to their employees through everything from multi-faceted training and mentoring programs to advanced education to optimize and reward their career growth.

4.3/5

Employee Reviews

Based On 4 Ratings

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Job Openings
550 Positions
Average Salary
$51,165 yearly

Comerica Reviews

Employee Reviews

4.9/5
Work At Comerica? Share Your Experience

Employee Reviews

3.0
Apr 2021
Pros

The workers

Cons

The job does not offer promotions within and keeps internal employees stagnant.

Benefits

Health

5.0
Dec 2020
Pros

Great work life balance, good pay, friendly staff

Cons

Banking too conservative

Benefits

working from home

5.0
Jul 2020
Pros

Work ethics. Team player. Their core values and they care about their employees.

Cons

Too boring. Not challenging enough.

Benefits

Working independently . I am able to set up appointments according to my schedule without asking permission from manager.

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Overall Rating*
Salary and Benefits
Management
Work Environment
Diversity and Inclusion
Career Opportunities

The Team At Comerica

Key People

Curtis Chatman Farmer

Elon Farnsworth

The Inside Scoop

Comerica Rankings

Comerica is ranked #40 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Comerica Salaries

9.6
Salary Score
The national average salary for a Comerica employee in the United States is $51,165 per year. Employees in the top 10 percent can make over $104,000 per year, while employees at the bottom 10 percent earn less than $25,000 per year.
Average Comerica Salary
$51,165
yearly
$24.60 hourly
Updated March 16, 2023
Average Employee Earnings

Highest Paying Jobs At Comerica

RankJob TitleAvg. SalaryHourly Rate
1Senior Staff Engineer$119,731$58
2Banking Center Manager$113,970$55
3Chief Risk Officer$108,180$52
4Java Developer$104,543$50
5Java/J2ee Developer$103,738$50
6Server Engineer$89,211$43
7Finance Officer$83,539$40
8Quality Assurance Tester$79,695$38
9Business Analyst$73,576$35
10Vendor$72,587$35
11Team Leader$71,839$35
12Credit Analyst$68,475$33
13Operation Supervisor$55,327$27
14Management Trainee$44,958$22
15Assistant Branch Manager$41,311$20
16Bank Specialist$38,637$19
17Loan Processor$37,996$18
18Personal Banker$36,449$18
19Internship$36,146$17
20Administrative Assistant$35,933$17

Comerica Diversity

9.9
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Comerica Gender Distribution

Male
Male
41%
Female
Female
59%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Comerica. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Comerica has 8,051 employees.

  • 59% of Comerica employees are women, while 41% are men.

  • The most common ethnicity at Comerica is White (59%).

  • 14% of Comerica employees are Hispanic or Latino.

  • 12% of Comerica employees are Asian.

  • The average employee at Comerica makes $51,165 per year.

  • Comerica employees are most likely to be members of the republican party.

  • On average, employees at Comerica stay with the company for 5.7 years.

Biggest Comerica Locations

RankCityJob CountAvg. Salary
1Dallas, TX216$49,493
2Houston, TX32$50,182
3Austin, TX22$50,213
4Los Angeles, CA16$55,597
5New York, NY13$61,591
6San Jose, CA11$57,249
7Phoenix, AZ10$49,010
8San Francisco, CA10$57,266
9San Diego, CA8$55,351
10San Antonio, TX4$50,299

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Comerica Employee Political Affiliation

Comerica employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Comerica employee was by Ralph Babb Jr. Ralph Babb Jr donated $12,450 to the Republican Party.

Comerica

Parties

Republican Party

55.2 %
-

Democratic Party

44.8 %
-
Employee Political Donations
NameJob TitlePartyDonation
Ralph Babb JrChief Executive OfficerRepublican Party$12,450
Dianne RussellBankerRepublican Party$6,750
Steven SmithAuditorDemocratic Party$5,601
Randolph JohanneckRisk ManagerRepublican Party$5,600
David KuziemkoRetirement SpecialistDemocratic Party$4,380
Michael EmbrySales/MarketingRepublican Party$3,500
Carl JiovaniSystems EngineerRepublican Party$2,760
Karen ParkhillExecutiveRepublican Party$2,750
Chris Van RuitenFinance ConsultantRepublican Party$2,700
Curtis TamkinCorporate Banking OfficerRepublican Party$2,700
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Comerica Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Comerica Subsidiaries

Subsidiaries to Comerica include Sterling Bancshares and Galleria Ltd. Employees at the parent company, Comerica, earn $51,165. In comparison, the salaries at Sterling Bancshares and Galleria Ltd are $78,290 and $38,410.
Company
ascdesc
Average Salarydesc
Sterling Bancshares
Salary Range63k - 97k$78k$78,290

Galleria Ltd

Salary Range26k - 55k$38k$38,410
$26k
$97k

Highest Paying Comerica Competitors

Based on our research, similar companies to Comerica are Bank of the West, Sterling Bancshares, and East West Bank. Employees at Bank of the West earn more than most of the competition, with an average yearly salary of $83,013. The salaries at Sterling Bancshares average $78,290 per year, and the salaries at East West Bank come in at $68,331 per year.

Frequently Asked Questions about Comerica

When was Comerica founded?

Comerica was founded in 1849.

How many Employees does Comerica have?

Comerica has 8,051 employees.

How much money does Comerica make?

Comerica generates $3.8B in revenue.

What industry is Comerica in?

Comerica is in the financial services industry.

What is Comerica's mission?

Comerica's mission statement is "To create a workplace where the best talent seeks employment. We know that diversity in the workforce will support our mission of helping people be successful."

What type of company is Comerica?

Comerica is a public company.

Who are Comerica's competitors?

Comerica competitors include Bank of the West, Fifth Third Bank, Bank of America, KeyBank, Wells Fargo, U.S. Bank, Sterling Bancshares, Huntington National Bank, Armed Forces Bank, East West Bank, Guaranty Bancorp, BMO Harris Bank, Charter Bank WI MN, First International Exchange Group, S&T Ban, TD Auto Finance, TD Bank, 1st Source Bank, Santander Bank, Talmer Bancorp.

Who works at Comerica?

Curtis Chatman Farmer (CEO / President)

Elon Farnsworth (Founder)

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Zippia gives an in-depth look into the details of Comerica, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Comerica. The employee data is based on information from people who have self-reported their past or current employments at Comerica. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Comerica. The data presented on this page does not represent the view of Comerica and its employees or that of Zippia.

Comerica may also be known as or be related to Comerica, Comerica Bank, Comerica Inc. and Comerica Incorporated.