Comerica Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 03/05/1849.
With assets of $85.81 Billion, it operates 361 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 17, 2023
Outstanding
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 17, 2023
Outstanding
February 8, 2021
Satisfactory
August 13, 2018
Satisfactory
June 22, 2015
Satisfactory
August 16, 2012
Satisfactory
August 16, 2010
Outstanding
September 9, 2008
Outstanding
August 7, 2006
Outstanding
May 10, 2004
Outstanding
May 7, 2001
Outstanding
April 5, 1999
Outstanding
๐ฐ Financial Strength
Total Assets$85.81 Billion
Total Deposits$68.84 Billion
Equity Capital$4.19 Billion
Net Income$850.00 Million
๐ Performance
ROA1.28%
ROE22.93%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.