Comerica Bank, founded in 1849 and headquartered in Dallas, Texas, is a financial services company dedicated to serving businesses and individuals across the country. The bank offers a wide range of products and services, including commercial banking, wealth management, mortgage services, and personal banking solutions, with a strong emphasis on customer service and community engagement.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CMA 4.00% 2025-07-27 USDComerica Bank | United States | 2025-07-27 | 4.000 | 3.96 |
| CMA 5.33% 2033-08-25 USDComerica Bank | United States | 2033-08-25 | 5.332 | 5.15 |
| CMA 7.88% 2026-09-15 USDComerica Bank | United States | 2026-09-15 | 7.875 | 4.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Comerica Bank has a robust history of bond issuances, having first entered the bond market in the 1970s. Significant offerings include their subordinated debt bonds, which aim to enhance capital strength, and their recent issuance in 2020, when they raised $750 million in senior notes with competitive yields. Currently, Comerica's bond offerings yield favorably compared to the national average, appealing to investors seeking stable income. The bank's bonds are known for their call protection features, allowing for enhanced investor security, which has contributed to their appeal in a fluctuating interest rate environment.