Separation of investment and retail banking

Comerica Bank's 14th Annual Shred Day Returns to Southeast Michigan, Saturday, June 10

Retrieved on: 
Monday, June 5, 2023
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DETROIT, June 5, 2023 /PRNewswire/ -- Comerica Bank encourages the public to bring paper documents and electronic devices for recycling to the Comerica Bank Livonia Operation Center (39200 W. Six Mile, Livonia 48152) on Saturday, June 10, from 8 a.m. to 1 p.m., for the return of its 14th annual Shred Day.

Key Points: 
  • The 2022 collection totals surpassed 2019 results, establishing a new record for the largest single-site haul at Comerica's southeast Michigan Shred Day events that first started in 2008.
  • In its 13-year history, Comerica Shred Day in metro Detroit has collected over 1 million pounds of shredded documents that turned into recycled pulp.
  • Gleaners Community Food Bank of Southeastern Michigan will be on site during Shred Day to accept monetary and non-perishable food donations.
  • Last year's totals resulted in more meals generated than any previous 13 metro Detroit Shred Day events.

Comerica Bank's Shred Day Returns to Southeast Michigan, June 11

Retrieved on: 
Tuesday, May 31, 2022
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DETROIT, May 31, 2022 /PRNewswire/ -- Comerica Bank encourages the public to bring paper documents and electronic devices for recycling to the Comerica Bank Livonia Operation Center (39200 W. Six Mile, Livonia 48152) on Saturday, June 11, from 8 a.m. to 1 p.m., for the return of its annual Shred Day.

Key Points: 
  • At Comerica's 2019 Metro Detroit Shred Day, approximately 111,000 pounds of documents were shredded and 14,000 pounds of electronics and computer equipment were recycled, establishing a record for the largest single-site haul at Comerica's southeast Michigan Shred Day since 2008.
  • So, we also encourage people to bring a donation to Gleaners at Shred Day."
  • Since 2013, Shred Day in metro Detroit has led to securely destroying more than 350,000 pounds of paper, which then was turned into pulp and recycled.
  • With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence.

Comerica Declares Dividends; Announces Results from Annual Shareholders' Meeting

Retrieved on: 
Tuesday, April 26, 2022
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Shareholders also ratified the appointment of Ernst & Young LLP as independent registered public accounting firm and approved a non-binding, advisory proposal approving executive compensation.

Key Points: 
  • Shareholders also ratified the appointment of Ernst & Young LLP as independent registered public accounting firm and approved a non-binding, advisory proposal approving executive compensation.
  • Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management.
  • Comerica focuses on relationships, and helping people and businesses be successful.
  • 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 Bank's California Index Inches Higher

Retrieved on: 
Wednesday, October 27, 2021
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DALLAS, Oct. 27, 2021 /PRNewswire/ --Comerica Bank's California Economic Activity Index increased in August to a level of 118.4.

Key Points: 
  • DALLAS, Oct. 27, 2021 /PRNewswire/ --Comerica Bank's California Economic Activity Index increased in August to a level of 118.4.
  • Our California Economic Activity Index grew by 0.1 percent in August.
  • This marks the fourteenth consecutive monthly gain in the California Index.
  • The growth rate of the California Index reached a strong 3.0 percent in May but has trended lower through August.

Comerica Bank's Texas Index Ticks Up

Retrieved on: 
Wednesday, October 27, 2021
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DALLAS, Oct. 27, 2021 /PRNewswire/ --Comerica Bank's Texas Economic Activity Index increased in August to 126.5.

Key Points: 
  • DALLAS, Oct. 27, 2021 /PRNewswire/ --Comerica Bank's Texas Economic Activity Index increased in August to 126.5.
  • Our Texas Economic Activity Index increased by 0.3 percent in August, marking the sixth consecutive monthly gain, and the thirteenth increase in the last fourteen months.
  • The Texas Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, Texas rotary rig count, total trade, hotel occupancy and sales tax revenue.
  • Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management.

Comerica Bank's Michigan Index Declines

Retrieved on: 
Wednesday, October 27, 2021
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DALLAS, Oct. 27, 2021 /PRNewswire/ --Comerica Bank's Michigan Economic Activity Index decreased in August to a level of 106.6.

Key Points: 
  • DALLAS, Oct. 27, 2021 /PRNewswire/ --Comerica Bank's Michigan Economic Activity Index decreased in August to a level of 106.6.
  • The index averaged 100 points for all of 2020, 9.0 points below the index average for 2019.
  • Our Michigan Economic Activity Index eased by 0.8 points, or 0.7 percent, in August.
  • The Michigan Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, auto assemblies, total trade, hotel occupancy and sales tax revenue.

Comerica Bank's California Index Ticks Up

Retrieved on: 
Wednesday, September 22, 2021
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DALLAS, Sept. 22, 2021 /PRNewswire/ --Comerica Bank's California Economic Activity Index increased in July to a level of 118.3.

Key Points: 
  • DALLAS, Sept. 22, 2021 /PRNewswire/ --Comerica Bank's California Economic Activity Index increased in July to a level of 118.3.
  • Our California Economic Activity Index improved by 1.6 percent in July, and is now up for the thirteenth consecutive month.
  • The California Index continued to see solid gains through July and is expected to gain again in August.
  • The California Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, total trade, hotel occupancy, enplanements and state revenues.

Comerica Bank's Texas Index Inches Higher

Retrieved on: 
Wednesday, September 22, 2021
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DALLAS, Sept. 22, 2021 /PRNewswire/ --Comerica Bank's Texas Economic Activity Index increased in July to 125.6.

Key Points: 
  • DALLAS, Sept. 22, 2021 /PRNewswire/ --Comerica Bank's Texas Economic Activity Index increased in July to 125.6.
  • Our Texas Economic Activity Index increased by a modest 0.2 percent in July after a strong 1.9 percent gain in June.
  • The level of the index in July, at 125.6, is slightly below the pre-COVID reading of 126.2 from February 2020.
  • The Texas Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, Texas rotary rig count, total trade, hotel occupancy and sales tax revenue.

Comerica Bank's Michigan Index Improves

Retrieved on: 
Wednesday, September 22, 2021
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DALLAS, Sept. 22, 2021 /PRNewswire/ --Comerica Bank's Michigan Economic Activity Index increased in July to a level of 107.6.

Key Points: 
  • DALLAS, Sept. 22, 2021 /PRNewswire/ --Comerica Bank's Michigan Economic Activity Index increased in July to a level of 107.6.
  • The index averaged 100 points for all of 2020, 9.0 points below the index average for 2019.
  • Our Michigan Economic Activity Index increased by 0.3 percent in July for its eighth consecutive monthly gain.
  • The Michigan Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, auto assemblies, total trade, hotel occupancy and sales tax revenue.

Comerica Bank's California Index Improves Again

Retrieved on: 
Monday, August 23, 2021
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DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's California Economic Activity Index increased in June to a level of 116.5.

Key Points: 
  • DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's California Economic Activity Index increased in June to a level of 116.5.
  • Our California Economic Activity Index improved by 2.3 percent in June.
  • Our California Index saw strong monthly gains through the spring as regional restrictions on business activity moderated.
  • The California Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, total trade, hotel occupancy, enplanements and state revenues.