Comerica Overview

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 59.4% female and 41.0% ethnic minorities. Comerica employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 54.0% 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 5.6 years. The average employee at Comerica makes $49,980 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 $103,578, $78,809, and $70,685, respectively.
A large finance company with 8,051 employees and an annual revenue of $3.8B, Comerica is headquartered in Dallas, TX.

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.

Industry

Financial Services

Revenue

$3.8B

Employees

8,051

Founded in

1849

Headquarters

Dallas, TX

Website

-

Organization Type

Public

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Comerica Employee Reviews

Zippia Official Logo

3.0

Zippia UserApril 2021

3.0

Zippia Official LogoZippia UserApril 2021

What Do You Like About Working There?

The workers

What DON'T You Like About Working There?

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

What Are Your Favorite Benefits/Perks?

Health
Zippia Official Logo

5.0

Zippia UserDecember 2020

5.0

Zippia Official LogoZippia UserDecember 2020

What Do You Like About Working There?

Great work life balance, good pay, friendly staff

What DON'T You Like About Working There?

Banking too conservative

What Are Your Favorite Benefits/Perks?

working from home
Zippia Official Logo

5.0

Zippia UserJuly 2020

5.0

Zippia Official LogoZippia UserJuly 2020

What Do You Like About Working There?

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

What DON'T You Like About Working There?

Too boring. Not challenging enough.

What Are Your Favorite Benefits/Perks?

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

4.0

Zippia UserJuly 2020

4.0

Zippia Official LogoZippia UserJuly 2020

What Do You Like About Working There?

The type of work, the expert coworkers and helping clients succeed

What Are Your Favorite Benefits/Perks?

Interacting with smart coworkers
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The Team At Comerica

    Curtis Chatman Farmer (Chairman, President and Chief Executive Officer)

    Elon Farnsworth (Founder)

The Inside Scoop
Comerica Incorporated is a financial services company headquartered in Dallas, Texas. This company is strategically aligned into three major business segments: the business bank, the retail bank, and wealth management. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states as well as in Canada and Mexico. Comerica's reach extends beyond the US border. Their presence in North America includes a wide variety of businesses and locations across the continent.
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Comerica Company Rankings

Comerica is ranked #93 on the Best 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

How much does Comerica pay?
The national average salary for a Comerica employee in the United States is $49,980 per year. Employees in the top 10 percent can make over $100,000 per year, while employees at the bottom 10 percent earn less than $24,000 per year.
9.7
Salary Score
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Average Employee Earnings

Comerica Salaries By Job Title

While the average employee salary at Comerica is $49,980, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Comerica include Senior Staff Engineer, Chief Risk Officer, Java/J2ee Developer, and Finance Officer. A typical Senior Staff Engineer salary at Comerica is $122,697. Some of the other roles at Comerica are Concession Worker and Housekeeper. A worker with the title Concession Worker at Comerica earns an average salary of $28,454 per year.
Title
ascdesc
Average Salarydesc
Senior Staff Engineer
Salary Range109k - 137k$123k$122,697
Chief Risk Officer
Salary Range89k - 127k$107k$106,892
Java/J2ee Developer
Salary Range92k - 120k$106k$105,782
Finance Officer
Salary Range95k - 114k$105k$104,925
Java Developer
Salary Range91k - 119k$105k$104,798
Vendor
Salary Range79k - 117k$96k$96,437
Team Leader
Salary Range74k - 120k$94k$94,468
Business Analyst
Salary Range71k - 103k$86k$85,872
Quality Assurance Tester
Salary Range70k - 92k$81k$80,834
Credit Analyst
Salary Range57k - 88k$72k$71,640
$33k
$137k

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Comerica Careers

On average, employees at Comerica stay with the company for 5.6 years. Employees most commonly join Comerica after leaving Bank of America. When they leave Comerica, they most frequently get their next job at Wells Fargo.

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Comerica Employee Demographics

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.

Genders

Male

40.6 %

Female

59.4 %

Ethnicity

White

59.1 %

Hispanic or Latino

14.5 %

Asian

11.9 %

Foreign Languages Spoken

Spanish

49.3 %

Arabic

10.9 %

French

5.1 %
See More About Comerica Demographics

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Comerica Employees Education

Of the 8,051 employees at Comerica, 15.6% attended Wayne State University. Employees at Comerica most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

Schools

Wayne State University

15.6 %

Michigan State University

10.6 %

Oakland University

8.8 %

Majors

Business

31.8 %

Finance

12.3 %

Accounting

9.6 %

Degrees

Bachelors

57.6 %

High School Diploma

13.4 %

Associate

12.7 %

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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.

Parties

Republican Party

54.4 %
-

Democratic Party

45.6 %
-

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 KuziemkoRetiredDemocratic Party$4,380
Michael EmbrySalesRepublican Party$3,500
Curtis FarmerHead of Retail and Wealth Mgmt.Republican Party$3,000
J HoltonService RepresentativeRepublican Party$2,850
Carl JiovaniSystems EngineerRepublican Party$2,760
Karen ParkhillExecutiveRepublican Party$2,750
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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.

Revenue

> $1B

Founded in

1849

Organization type

Public

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Comerica Subsidiaries

Subsidiaries to Comerica include Sterling Bancshares and Galleria. Employees at the parent company, Comerica, earn $49,980. In comparison, the salaries at Sterling Bancshares and Galleria are $78,809 and $37,429.
Company
ascdesc
Average Salarydesc

Sterling Bancshares

Salary Range59k - 104k$79k$78,809

Galleria

Salary Range25k - 54k$37k$37,429
$25k
$104k

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 $103,578. The salaries at Sterling Bancshares average $78,809 per year, and the salaries at East West Bank come in at $70,685 per year.
Companydesc
Average Salarydesc
Bank of the West
Salary Range79k - 135k$104k$103,578

Sterling Bancshares

Salary Range59k - 104k$79k$78,809
East West Bank
Salary Range49k - 100k$71k$70,685
TD Auto Finance
Salary Range42k - 83k$59k$59,369
Santander Bank
Salary Range37k - 85k$57k$56,637
KeyBank
Salary Range39k - 77k$55k$55,439
Bank of America
Salary Range37k - 74k$53k$52,542
BMO Harris Bank
Salary Range36k - 73k$52k$51,828
Fifth Third Bank
Salary Range34k - 62k$46k$46,105
1st Source
Salary Range33k - 62k$46k$45,650
$25k
$135k

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 type of company is Comerica?

Comerica is a public company.

Who are Comerica's competitors?

Comerica competitors include U.S. Bank, Fifth Third Bank, Bank of the West, Bank of America, Wells Fargo, KeyBank, Sterling Bancshares, Huntington Bancshares, Guaranty Bancorp, Charter Bank, East West Bank, BMO Harris Bank, Citizens Bank, BankAtlantic, TD Auto Finance, Liberty Savings Bank, 1st Source, Talmer Bancorp, Santander Bank, Sterling Bancorp.

Who works at Comerica?

Curtis Chatman Farmer (Chairman, President and Chief Executive Officer)

Elon Farnsworth (Founder)

Where is Comerica's headquarters?

Comerica's headquarters is in Dallas, TX.

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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 and Comerica Incorporated.